BUZZ-JinkoSolar rises after posting surprise Q1 profit

Reuters04-29

** Shares of solar module maker JinkoSolar Holding Co

rise 2.9% to $24.85

** Co reports adjusted Q1 profit of 57 cents per share. Analysts' expectation was a loss of 76 cents/shr, as per LSEG data

** Says qtrly shipments equaled 21,907 MW, up 51.2% year-over-year

** Co expects its Q2 module shipments to be in the range of 24.0 GW to 26.0 GW; reiterates FY module shipments forecast range of 100.0 GW to 110.0 GW

** Including session's gains, JKS down ~32% YTD

(Reporting by Roshia Sabu in Bengaluru)

((Roshia.Sabu@thomsonreuters.com))

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