JinkoSolar (JKS) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
