- JinkoSolar Holding Company Limited JKS subsidiary Jinko Solar Co, Ltd (Jiangxi Jinko) disclosed preliminary financial results for the year ended December 31, 2022.
- Jiangxi Jinko's non-GAAP net income was RMB2.50 billion - RMB2.80 billion, up by 371.17% - 427.71% year-over-year.
- JinkoSolar currently owns a 58.62% equity interest in Jiangxi Jinko.
- JinkoSolar Holding reported third-quarter FY22 revenue growth of 127.8% year-on-year to $2.74 billion, beating the consensus of $2.60 billion.
- Earnings per ADS of $0.90 beat the consensus of $0.71.
- Price Action: JKS shares traded higher by 4.66% at $58.14 in the premarket on the last check Friday.
- Photo Via Company
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