Canadian Solar Inc’s (<a href="https://www.nasdaq.com/market-activity/stocks/csiq" target="_blank">NASDAQ:CSIQ</a>) CSI Solar Co Ltd (<a href="https://english.sse.com.cn/markets/equities/list/quotation/?COMPANY_CODE=688472&STOCK_CODE=688472" target="_blank">SHA:688472</a>) subsidiary has recorded a 92% drop in first-quarter net profit due to a decline in the average selling price and because of increased tariffs and freight costs.