- JinkoSolar said its revenue fell sequentially from the fourth quarter to the first, but noted the war in Ukraine is speeding a global drive to reduce dependence on fossil fuels.
- JinkoSolar blamed Covid disruptions for a 10% sequential decline in its first quarter revenue, but added such challenges should be ‘short-term and manageable’.
- In terms of profit, JinkoSolar’s latest net income fell to 29 million yuan from 221 million yuan a year earlier, though most of that looks related to changes in the fair value of some of its debt.
For further details see:
JinkoSolar Stumbles On Covid Challenges, But Longer-Term Future Remains Bright