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JinkoSolar posts 4Q profit

SHANGRAO, China (AP) _ JinkoSolar Holding Co. (JKS) on Monday reported fourth-quarter net income of $144.5 million.

The Shangrao, China-based company said it had net income of $4.48 per share. Earnings, adjusted for one-time gains and costs, came to $1.04 per share.

The solar power product maker posted revenue of $737.6 million in the period.

For the year, the company reported profit of $286.9 million, or $7.72 per share. Revenue was reported as $3.08 billion.

JinkoSolar shares have increased 13 percent since the beginning of the year. The stock has declined 25 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKS at https://www.zacks.com/ap/JKS

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Keywords: JinkoSolar, Earnings Report