JinkoSolar (JKS) Tops Q4 EPS Expectations; Issues Q1, FY16 Outlook

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JinkoSolar Announces Fourth Quarter and Full Year 2015 Financial Results

March 1, 2016 6:19 AM EST

SHANGHAI, March 1, 2016 /PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the solar PV industry, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Highlights

Total solar module shipments were 1,709.9 megawatts ("MW"), which includes 92.7 MW to be used in the Company's downstream projects. Total solar module shipments increased 50.7% from 1,134.9 MW in the third quarter of 2015 and 58.6% from 1,078.3 MW in the fourth quarter of 2014. As of December 31, 2015, the Company had connected... More