On the evening of October 16, Jinko Solar released its earnings guidance for the first three quarters of 2026.
The company projects a net loss attributable to shareholders of the parent company ranging from 2.976 billion to 3.576 billion yuan for the first three quarters of 2026. Net loss after deducting non-recurring gains and losses is expected to be between 3.811 billion and 4.411 billion yuan.
Jinko Solar stated that during the reporting period, the company continued to drive the iterative upgrade of high-efficiency products and the development of emerging businesses, such as energy storage. In the third quarter, the transformation of the TOPCon 3.0 production line and the capacity ramp-up progressed smoothly. Furthermore, production costs were continuously optimized, and the proportion of high-power product shipments further increased.
At the same time, the energy storage business saw an increase in both shipment volume and recognized revenue, and it has begun to contribute to the company's operating profit.
The structural adjustments to the product portfolio, optimized production costs, and the growth of the energy storage business have jointly narrowed the company's overall operating losses for the first three quarters on a year-on-year basis.
Source:EnergyTrend