Daqo New Energy Q1 Revenue $81.2 Million [Reuters]
DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (DQ)
Last daqo new energy corp. american depositary shares, each representing five ordinary shares earnings: 3/11 05:27 am
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Source: Reuters
Daqo New Energy Corp (DQ.N) Key Developments | Reuters.com May 21 (Reuters) - Daqo New Energy Corp ::DAQO NEW ENERGY ANNOUNCES UNAUDITED FIRST QUARTER 2019 RESULTS.Q1 REVENUE $81.2 MILLION.REVENUE FROM CONTINUING OPERATIONS WAS $81.2 MILLION IN Q1 2019, COMPARED TO $75.6 MILLION IN Q4 2018.POLYSILICON PRODUCTION VOLUME OF 8,764 MT IN Q1 2019, COMPARED TO 7,301 MT IN Q4 2018.POLYSILICON EXTERNAL SALES VOLUME OF 8,450 MT IN Q1 2019, COMPARED TO 7,030 MT IN Q4 2018.POLYSILICON AVERAGE TOTAL PRODUCTION COST((1)) OF $7.42 /KG IN Q1 2019, COMPARED TO $7.94/KG IN Q4 2018.ADJUSTED EARNINGS PER BASIC AMERICAN DEPOSITORY SHARE (ADS) OF $0.83 IN Q1 2019.EARNINGS PER BASIC ADS WAS $0.50 IN Q1 2019.EXPECTS TO PRODUCE APPROXIMATELY 7,200 TO 7,400 MT OF POLYSILICON WITH TOTAL PRODUCTION COST OF ABOUT $8.0 TO 8.5/KG DURING Q2.FOR FULL YEAR OF 2019, COMPANY EXPECTS TO PRODUCE APPROXIMATELY 37,000 TO 40,000 MT OF POLYSILICON.EXPECTS TOTAL PRODUCTION COST WILL COME BACK TO NORMAL AT LEVEL OF $7.5/KG IN
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