Chinese Jinko Solar Holding Co., Ltd. announced its financial results for the third quarter ended September 30, 2017. Total solar module shipments were 2,374 MW, a decrease of 17.7 percent from 2,884 MW in the second quarter of 2017 and an increase of 47.8 percent from 1,606 MW in the third quarter of 2016. Total revenues were CNY 6.42 billion ($964.8 million), an increase of 20.4 percent compared to the third quarter of 2016.
Income from operations was CNY 91.9 million ($13.8 million), compared with CNY 433.3 million in the third quarter of 2016. Net income was CNY 11.3 million ($1.7 million), a sharp decline compared CNY 233.7 million in the third quarter of 2016.
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