Jiangsu-based Trina on Wednesday turned in its third straight quarter of profitability, notching up a net income of $26.5m in the first quarter of 2014, up nearly three-fold on the previous quarter.

By contrast, rival Canadian Solar last week reported a substantial sequential decline in its quarterly net income.

Trina’s quarterly gross margin rose to 20.6%, comparing favourably once again to Canadian Solar’s 14.7%.

Trina's