RSS   Newsletter   Contact   Advertise with us
Post Online Media
JinkoSolar   Gross margin was 10.5%

JinkoSolar Q2 total revenues increased 37.2%

JinkoSolarJinkoSolar Holding announced its unaudited financial results for the second quarter ended June 30, 2017.

Total revenues were RMB7.92 billion ($1.17 billion), an increase of 37.2% from the first quarter of 2017 and an increase of 39.8% from the second quarter of 2016.

Article continues below

READ MORE JinkoSolar Q2 total revenues up 55.5%, net income down

Gross margin was 10.5%, compared with 11.2% in the first quarter of 2017 and 18.1% in the second quarter of 2016.

Income from operations was RMB85.3 million ($12.6 million), compared with RMB56.8 million in the first quarter of 2017 and RMB308.8 million in the second quarter of 2016.

Net income attributable to the company's ordinary shareholders from continuing operations was RMB47.4 million ($7.0 million) in the second quarter of 2017, compared with RMB60.6 million in the first quarter of 2017 and RMB280.1 million in the second quarter of 2016.

Diluted earnings per American depositary share ("ADS") from continuing operations were RMB1.48 ($0.20).

Non-GAAP net income attributable to the company's ordinary shareholders from continuing operations in the second quarter of 2017 was RMB61.2 million ($9.0 million), compared with RMB80.4 million in the first quarter of 2017 and RMB344.1 million in the second quarter of 2016.

Non-GAAP basic and diluted earnings per ADS from continuing operations were RMB1.92 ($0.28) and RMB1.88 ($0.28), respectively, in the second quarter of 2017.




What to read next



 
 

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy