Trina Solar on path to go beyond 2019 monetary outcomes

• 'Solar Module Super League' (SMSL) member Trina Solar reported an 18.66% increase in earnings for the initial nine months of 2020 compared to the prior year period, establishing the company on a path to go beyond 2019 financial cause the 4th quarter after several years of yearly earnings decreases.

Trina Solar reported income of virtually RMB 20 billion (US$ 2.96 million) for the first nine months of 2020, 18.66% greater than the previous year duration.

The company had actually noted that expanded capability and brand-new item introductions, along with higher international sales, as being behind the income rise.

Trina Solar likewise reported a net profit of RMB831.6 million (US$ 124.3 million) for the very first 9 months of 2020, a 118.94% increase over the previous year duration.

This was because of higher PV module earnings margins in crucial global markets as sales substantially raised during the reporting period.