JA Solar Releases Financial Results for Three Quarters 2022

PVTIME – JA Solar Technology Co., Ltd.(002459.SZ), a leading manufacturer of high-performance photovoltaic (PV) products, released its performance results for the first three quarters of 2022.

Its revenue was 49.324 billion yuan in first three quarters 2022, a year-on-year increase of 89%. Its Net income attributable to shareholders was about 3.29 billion yuan in the reporting period, a year-on-year increase of 150.66%.

What is more, JA Solar’s PV products projects were put into production as scheduled. Its solar cell project with annual output of 1.3GW n-type had reached production in Ningjin City. Its 20GW silicon pulling and slice project in Baotou City, 2.5GW silicon pulling and slice project in Vietnam, 5GW slice and 6GW solar cell projects in Ningjin City, 10GW solar cell project in Yangzhou City, 10GW solar cell and 5GW module projects in Qujing City, 5GW solar module project in Xingtai City, 11GW solar module project in Hefei City and other new projects were promoted as planned. To sum up, a total production capacity of more than 27GW is expected by the end of 2023, according to these data.