JinkoSolar reported a second-quarter loss of ¥13.19 per share on Wednesday, exceeding the ¥6.09 loss per share forecast by analysts. Revenue for the period totaled ¥12.36 billion, below the ¥15.73 billion consensus estimate.
The company’s earnings per share miss of ¥7.10 marked the first downward revision in the past 90 days, with no upward adjustments recorded during the period. JinkoSolar’s shares closed at ¥15.50, reflecting a 33.5% decline over the past three months and a 31.11% drop year-over-year.
The company’s financial health remains rated as "fair performance" by InvestingPro. While the report did not provide forward guidance, the broader context follows a period of sustained pressure in the solar manufacturing sector, where pricing and demand dynamics have weighed on profitability.
