Shipped to more than 90 countries, Canadian Solar achieved net profit of 1.1 billion yuan in 2019
On March 26, Canadian Solar Inc. announced its financial report for the fourth quarter and the full year of 2019. The Canadian financial report shows that the company’s sales in the fourth quarter of 2019 were US $ 920 million (about 6.473 billion yuan), which was higher than the third quarter sales of US $ 760 million (about 5.324 billion yuan). RMB), achieving a gross profit of 230 million US dollars (approximately 1.618 billion yuan, including 6.4 million US double tax rebates), a gross profit margin of 25.0%, and a net profit of 67.7 million US dollars ( (About 476 million yuan). Small Solar Panel | 20W 12V In terms of shipments, Canadian Solar has shipped 2.5GW of solar module products to more than 60 countries worldwide in the fourth quarter of 2019. This was higher than the 2.4 GW component shipments in the third quarter. Among them, the shipment of polycrystalline modules accounted for 68%, and the shipment of monocrystalline modules accounted for 32%. The announc...