JinkoSolar Q4 net income increases

Share |

6 April 2016, Nuclear, Solar, Wind

oilandgasobserver archive

Gross profit for the fourth quarter ended December 31, 2015 was RMB1.18 billion, compared to RMB678.17 million for the same quarter ended December 31, 2014.

Net income attributable to ordinary shareholders for the year ended December 31, 2015 was RMB683.75 million, or RMB5.35 per diluted share, compared to RMB673.02 million, or RMB3.86 per diluted share, for the year ended December 31, 2014.

Gross profit for the year ended December 31, 2015 was RMB3.27 billion, compared to RMB2.24 billion for the year ended December 31, 2014.

Mr Kangping Chen, JinkoSolar's CEO commented, "I am pleased to report a strong finish to the year with record high total module shipments and revenue. Total module shipments reached 1,709.9 MW during the quarter which resulted in total revenues of US$937.7 million, an increase of 104.4% over the same period in 2014. This translates into module shipments for the entire year of 4,511.6 MW, and total revenues of US$2.48 billion. Global demand remains strong, especially in key solar markets, which gives us good visibility for the entire year and leaves us very confident about our future prospects."

Source: MarketLine

More Nuclear, Solar, Wind News

Recent news