Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2023 Results
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: PR Newswire
SHANGHAI, Feb. 28, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2023.Fourth Quarter 2023 Financial and Operating HighlightsPolysilicon production volume was 61,014 MT in Q4 2023, compared to 57,664 MT in Q3 2023Polysilicon sales volume was 59,906 MT in Q4 2023, compared to 63,263 MT in Q3 2023Polysilicon average total production cost(1) was $6.50/kg in Q4 2023, compared to $6.52/kg in Q3 2023Polysilicon average cash cost(1) was $5.72/kg in Q4 2023, compared to $5.67/kg in Q3 2023Polysilicon average selling price (ASP) was $7.97/kg in Q4 2023, compared to $7.68/kg in Q3 2023Revenue was $477.1 million in Q4 2023, compared to $484.8 million in Q3 2023Gross profit was $87.2 million in Q4 2023, compared to $67.8 million in Q3 2023. Gross margin was 18.3% in Q4 2023,
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- Daqo New Energy Corp. (NYSE: DQ) had its "neutral" rating re-affirmed by analysts at Roth Mkm. They now have a $23.00 price target on the stock.MarketBeat
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DQ
Earnings
- 4/29/24 - Miss
DQ
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 20-F
- 4/16/24 - Form 6-K
- DQ's page on the SEC website