Emerging Solar Markets Remain Key for JinkoSolar (JKS); Roth Capital Affirms at 'Neutral'
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JinkoSolar Announces Second Quarter 2016 Financial Results
August 25, 2016 6:50 AM EDTSHANGHAI, Aug. 25, 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 second quarter ended June 30, 2016.
Second Quarter 2016 Highlights
Total solar module shipments were 1,716 megawatts ("MW"), which includes 204 MW used in the Company's downstream projects. Total solar module shipments increased by 7.3% from 1,600 MW in the first quarter of 2016 and 87.9% from 913 MW in the second quarter of 2015. Total revenues were RMB5.96 billion (US$896.1 million), representing an increase of... More