JinkoSolar Holdings Co. (NYSE: JKS) Wednesday introduced monetary outcomes for the fourth quarter of 2024, reporting a web loss and decrease revenues.

Revenues of the China-based photo voltaic panel maker dropped 37% yearly to $2.83 billion within the December quarter. Adjusted web loss attributable to shareholders, excluding particular objects, was $52.2 million in This fall, in comparison with a revenue within the corresponding quarter of 2023.

On an unadjusted foundation, the corporate reported a web lack of $64.9 million or $1.26 per ADS for the fourth quarter. Complete photo voltaic module shipments decreased 5% year-over-year to 26,462 MW in the course of the three months.