JinkoSolar: Q1 net profit is expected to be 1.6 billion yuan to 1.7 billion yuan, an increase of 298.89% to 323.82% over the same period.

On April 23, Jingke Energy issued a voluntary disclosure announcement of its performance forecast for the first quarter of 2023. The announcement shows that the net profit attributable to the owner of the parent company is expected to be 1.6 billion yuan to 1.7 billion yuan in the first quarter of 2023, an increase of about 1.199 billion yuan to about 1.299 billion yuan, an increase of 298.89% to 323.82% compared with the same period last year. It

is expected that the performance in the first quarter of 2023 will increase significantly compared with the same period last year, mainly due to the strong global market demand, the increase of the company's photovoltaic module shipments, and the increase of new N-type advanced production capacity shipments, resulting in a significant increase in revenue and profit compared with the same period last year. During the reporting period, the company continued to face short-term challenges brought by the international trade environment, and the impact of detention fees in the first quarter was still significant. The company has actively responded and taken effective measures, and it is expected that the impact will gradually decrease.