JinkoSolar: 4Q Earnings Snapshot
SHANGRAO, China (AP) _ JinkoSolar Holding Co. (JKS) on Friday reported fourth-quarter earnings of $53.1 million.
On a per-share basis, the Shangrao, China-based company said it had net income of 96 cents.
The solar power product maker posted revenue of $1.37 billion in the period.
For the year, the company reported profit of $129.1 million, or $2.79 per share. Revenue was reported as $4.27 billion.
For the current quarter ending in April, JinkoSolar said it expects revenue in the range of $1 billion to $1.08 billion.
JinkoSolar shares have fallen 21% since the beginning of the year. The stock has decreased slightly more than 3% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKS at https://www.zacks.com/ap/JKS