tiprankstipranks
JinkoSolar’s Q3 2024: Rising Shipments Amid Price Pressures
Company Announcements

JinkoSolar’s Q3 2024: Rising Shipments Amid Price Pressures

JinkoSolar (JKS) has released an update.

Don't Miss our Black Friday Offers:

JinkoSolar reported a significant increase in module shipments for the third quarter of 2024, maintaining its position as a leader in the solar module industry despite facing challenges from declining prices. The company achieved a gross margin improvement to 15.7%, and its net income of $3.2 million marked a sequential recovery. JinkoSolar continues to enhance its N-type TOPCon technology and smart production capabilities, aiming for long-term growth in a competitive market.

For further insights into JKS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyLargest borrow rate increases among liquid names
TipRanks Auto-Generated NewsdeskJinkoSolar to Hold 2024 Annual Meeting in December
TheFlyMusk says solar power to be ‘majority of power generation in the future’
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App