JinkoSolar Subsidiary Jinko Solar Announces Estimates of Certain Preliminary Results For Nine Months
Portfolio Pulse from Benzinga Newsdesk
JinkoSolar's subsidiary, Jiangxi Jinko, has announced preliminary unaudited net income estimates for the nine months ended September 30, 2023. The net income is expected to be in the range of RMB6.14 billion to RMB6.54 billion, marking a YoY increase of 266.36% to 290.22%.
October 18, 2023 | 11:07 am
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JinkoSolar's subsidiary, Jiangxi Jinko, has reported a significant YoY increase in its preliminary net income estimates for the nine months ended September 30, 2023.
The significant YoY increase in net income estimates for JinkoSolar's subsidiary, Jiangxi Jinko, indicates strong financial performance. This is likely to have a positive impact on JinkoSolar's stock (JKS) in the short term as it reflects positively on the company's overall financial health.
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