RSS   Newsletter   Contact   Advertise with us

JinkoSolar Q4 revenues $1.37 billion

Share on Twitter Share on LinkedIn
Christian Fernsby ▼ | March 14, 2020
JinkoSolar Holding yesterday announced its unaudited financial results for the fourth quarter ended December 31, 2019.
JinkoSolar
JinkoSolar   Total revenues were RMB9.53 billion
Total revenues were RMB9.53 billion (US$1.37 billion), within JinkoSolar's updated guidance range of US$1.35 billion to US$1.38 billion; an increase of 27.4% from the third quarter of 2019 and 23.4% from the fourth quarter of 2018.

Topics: JinkoSolar

Gross margin was 18.2%, within JinkoSolar's updated guidance range of 18.0% to 20.0%, compared with 21.3% in the third quarter of 2019 and 14.7% in the fourth quarter of 2018. Excluding the Countervailing Duty ("CVD") and Anti-dumping Duty ("ADD") reversal benefits, gross margin was 18.1% in the fourth quarter of 2019, 18.5% in the third quarter of 2019 and 13.8% in the fourth quarter of 2018.

Income from operations was RMB594.8 million (US$85.4 million), compared with RMB638.8 million in the third quarter of 2019 and RMB237.4 million in the fourth quarter of 2018.


 

MORE INSIDE POST