Strong revenue growth for biggest Chinese solar panel makers in Q1
- Admin
- Apr 26, 2024
- 1 min read
China's leading photovoltaic module makers, including JinkoSolar, Longi, JA Solar, and Trina Solar, reported strong financial results for the first quarter of 2023. JinkoSolar's revenue increased by 58% year-over-year to CNY 23.33 billion, with net profit soaring to CNY 788.7 million. Longi's turnover grew by 52.35% to CNY 28.32 billion, with net profit reaching CNY 3.64 billion. JA Solar's quarterly revenue rose by 66.23% to CNY 20.48 billion, and net profit increased by 244.45%. Trina Solar's revenue reached CNY 21.32 billion, up by 39.59% year-on-year, with net profit surging by 225.43%.
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