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The solar market competition is still fierce, with both longi green energy technology and jinkosolar reporting a turnaround from profitability to loss. | Financial report insights
Facing the challenges of intensified competition and price fluctuations in the global photovoltaic industry, both photovoltaic giants Longi Green Energy and JinkoSolar have reported a loss in profit. According to Longi Green Energy's half-yearly report for 2024, the company's performance has been poor in the first half of the year, with revenue falling by more than 40% year-on-year, and the company's profit turning into a loss compared to the same period last year. JinkoSolar's second-quarter revenue also declined by 22% year-on-year, and similarly turned into a loss compared to the same period last year.
JinkoEnergy 2024 Semi-Annual Report
JinkoSolar 2024 Semi-Annual Report Summary
Jinkosolar (688223.SH) achieved a net income of 1.2 billion yuan in the first half of the year. Significant breakthrough in perovskite stacked batteries, with a conversion efficiency as high as 33.24%.
Jinkosolar (688223.SH) released its 2024 interim report, and the company achieved revenue of 4...
Express News | Jinko Solar H1 Net Profit Down 68.8% Y/Y
JinkoSolar ranked among the "China's Top 50 Technology Companies" in 2024 according to Fortune.
Recently, jinkosolar, a global leader in photovoltaic and energy storage industries, has been ranked on the 2024 Fortune China Top 50 Technology Companies list, thanks to its outstanding technological innovation capabilities in the photovoltaic field. This demonstrates jinkosolar's strong research and development capabilities and innovative resilience.
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100 billion : Same company