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Title:

Jinko sees Q2 profits slightly increase, confirms shipment outlook for fiscal 2018

Detail:

The Chinese manufacturer has seen its revenue decline significantly in the second quarter of this year, despite quarterly shipments dropping just 3.1%. This performance, which confirms a trend that was already clear in fiscal year 2017, was mainly due to lower solar module ASPs. Quarterly net profit, however, has more than doubled. Despite recent developments in the Chinese PV market, the company maintains its shipment outlook for full fiscal year 2018, in which it hopes to ship between 11.5 GW and 12 GW.

Country:

International

Source:

PV-Magazine

Published Date:

12.08.2018

URL:

View Original URL

Regions:

Africa Asia Australia Europe North America Oceania South America

Sectors:

Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine

Project News Details

Title	Jinko sees Q2 profits slightly increase, confirms shipment outlook for fiscal 2018
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Detail	The Chinese manufacturer has seen its revenue decline significantly in the second quarter of this year, despite quarterly shipments dropping just 3.1%. This performance, which confirms a trend that was already clear in fiscal year 2017, was mainly due to lower solar module ASPs. Quarterly net profit, however, has more than doubled. Despite recent developments in the Chinese PV market, the company maintains its shipment outlook for full fiscal year 2018, in which it hopes to ship between 11.5 GW and 12 GW.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date	12.08.2018
Original Url	Original Url
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Title
Jinko sees Q2 profits slightly increase, confirms shipment outlook for fiscal 2018
Detail
The Chinese manufacturer has seen its revenue decline significantly in the second quarter of this year, despite quarterly shipments dropping just 3.1%. This performance, which confirms a trend that was already clear in fiscal year 2017, was mainly due to lower solar module ASPs. Quarterly net profit, however, has more than doubled. Despite recent developments in the Chinese PV market, the company maintains its shipment outlook for full fiscal year 2018, in which it hopes to ship between 11.5 GW and 12 GW.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date
12.08.2018
Original Url
View Original Url
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Jinko sees Q2 profits slightly increase, confirms shipment outlook for fiscal 2018

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