JinkoSolar: 3Q Earnings Snapshot
Posted December 7, 2020 5:05 am.
Last Updated December 7, 2020 5:08 am.
This article is more than 5 years old.
SHANGRAO, China (AP) _ JinkoSolar Holding Co. (JKS) on Monday reported third-quarter profit of $1 million.
On a per-share basis, the Shangrao, China-based company said it had net income of 91 cents.
The solar power product maker posted revenue of $1.29 billion in the period.
For the current quarter ending in December, JinkoSolar said it expects revenue in the range of $1.31 billion to $1.43 billion.
JinkoSolar shares have more than doubled since the beginning of the year. The stock has more than tripled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKS at https://www.zacks.com/ap/JKS
The Associated Press