Jinkosolar Posts $1 Billion Net Profit for 2023
Chinese module manufacturer JinkoSolar has recorded roughly $16.4 billion of revenue and a $1Chinese module manufacturer JinkoSolar has recorded roughly $16.4 billion of revenue and a $1.
PV Magazine International 5:46 am on May 5, 2024
JinkoSolar, a leading solar module manufacturer, reported a revenue of CNY 118.682 billion ($16.38 billion) and a net profit attributable to shareholders of listed companies of CNY 7.440 billion ($1.06 billion) for 2023. This represents a significant increase from the previous year, with PV module shipments reaching 78.52 GW. The company's gross profit margin improved by 3.74 percentage points to 14.21%. JinkoSolar also expanded its n-type production capabilities and aims to further integrate production capacities in the future.
- JinkoSolar recorded revenue of CNY 118.682 billion ($16.38 billion) and a net profit attributable to shareholders of listed companies of CNY 7.440 billion ($1.06 billion)
- PV module shipments reached 78.52 GW for the full year
- Gross profit margin improved by 3.74 percentage points to 14.21%
- N-type production capabilities expanded and shipping increased significantly
- Anticipates further growth in core segments by the end of 2024
https://www.pv-magazine.com/2024/04/24/jinkosolar-posts-1-billion-net-profit-for-2023/