Higher Module Shipments Drive JinkoSolar’s Revenue in Q4
Quarterly revenue rises 9.4%, while net income jumps 73%
March 21, 2024
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China-headquartered solar cell and module manufacturer JinkoSolar‘s total revenue in the fourth quarter (Q4) of 2023 rose by 9.4% year-over-year (YoY) to RMB 32.83 billion (~$4.62 billion), compared to RMB 30 billion (~$4.2 billion) in the same period last year. The increase was mainly due to higher solar module shipments driven by rising global demand, partially offset by lower average selling prices.