UPDATE: JinkoSolar Posts Q2 Profit

JinkoSolar Holding Co

posted a profit in the second quarter. JinkoSolar posted a quarterly net income of $8 million, or $0.36 per American Depositary Share (ADS), versus a year-ago net loss of $48.9 million, or $2.20 per ADS. Its revenue surged around 43% to $287.6 million. JinkoSolar shares closed at $13.55 yesterday.