Trina Solar Posts First Profitable Quarter In 2 Years

By | November 19, 2013

Trina Solar (TSL) has found its way back to the black. The China-based maker of solar panels swung to its first quarterly profit in two years when it reported its Q3 results early Tuesday. The company followed rival JinkoSolar Holding (JKS), which on Monday also reported Q3 results in which it swung to a profit. Trina said its solar panel shipments are up 11% this year. Trina Solar stock rose as much as 5.7% early Tuesday, to near a two-year high

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Trina Solar Posts First Profitable Quarter In 2 Years