, China

JinkoSolar posts record 480.3MW shipment for 2010

JinkoSolar's total product shipments for 2010 were a record 480.3 MW, a 116.3 per cent increase from the previous guidance of 448 MW to 458 MW in  2009.

 

Total revenues were a record US$705.3 million, an increase of 196.9 per cent from 2009.

Net income was a record US$133.6 million, an increase of 932.7 per cent from 2009.
  
"We are pleased to announce another strong quarter to close out a historic year for JinkoSolar," said Mr. Kangping Chen, JinkoSolar's chief executive officer. "We exceeded the high end of our revenue guidance by over 20% and delivered record solar module shipments of 111.6 MW in the fourth quarter, exceeding the high end of our shipment guidance and contributing to full year total solar shipments of 480.3 MW."

"Overall, we are proud of our achievements in our first year as a public company and expect to continue building momentum in 2011; diversifying our customer base and sales channels to further entrench JinkoSolar as a leading solar company in established and emerging markets across the globe," concluded Mr. Chen.

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