124%-152%! JA Solar Expects an Increase of Net Profit in H1 2022

PVTIME – On July 14, JA Solar Technology Co., Ltd. (002459.SZ) released a performance forecast, and it expects the net profit attributable to the parent in the first half of 2022 to be CNY 1.6 billion to 1.8 billion, a year-on-year increase of 124.28%-152.32%.

The company stated that the prices and shipment volume of photovoltaic modules had increased during the reporting period, which may result in the significantly growth of overall revenue. And the production and sales scales had increased as well due to its upgraded technology and production capacity. Therefore, many factors promoted the continuous growth of its operating performance.