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Stock impact report

Daqo New Energy Announces Unaudited First Quarter 2024 Results [Yahoo! Finance]

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 Check Earnings Report
US:NYSE Investor Relations: dqsolar.com
Company Research Source: Yahoo! Finance
high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 62,278 MT in Q1 2024, compared to 61, 014 MT in Q4 2023 Polysilicon sales volume was 53,987 MT in Q1 2024 compared to 59, 906 MT in Q4 2023 Polysilicon average total production cost was /kg in Q1 2024 compared to /kg in Q4 2023 Polysilicon average cash cost was /kg in Q1 2024, compared to /kg in Q4 2023 Polysilicon average selling price (ASP) was /kg in Q1 2024, compared to /kg in Q4 2023 Revenue was $415.3 million in Q1 2024, compared to $476.3 million in Q4 2023 Gross profit was $72.1 million in Q1 2024, compared to $87.2 million in Q4 2023. Gross margin was 17.4% in Q1 2024, compared to 18.3% in Q4 2023 Net income attributable to Daqo New Energy Corp. shareholders was $15.5 million in Q1 2024, compared to $53.3 million in Q4 2023 Earnings pe Show less Read more
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