JinkoSolar expects full-year profit drop up to 98.9%

JinkoSolar (NYSE:JKS) -8.1% in Friday’s trading to a two-month low after estimating FY 2024 net income will total between 80M yuan and 120M yuan ($10.92M-$16.37M), equating to a 98.4%-98.9% decline.

The company also expects to report full-year preliminary unaudited net loss attributable