Jinko’s 49m yuan ($8m) net profit compares to a loss of 310.5m yuan for the same period lastyear. The company notched a 17.7% gross margin and an operating profit of 155.8m yuan for the quarter. 

The company has “turned the corner, both financially and operationally”, says chief executiveKangping Chen.

Chen adds that he is “confident that this quarter’s strong operational and financial performanceis indicative of our future performance”, including a 2013 full-year net profit.