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Stock impact report

Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2024 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 Check Earnings Report
US:NYSE Investor Relations: dqsolar.com
Company Research Source: PR Newswire
SHANGHAI, Feb. 27, 2025 /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 2024.Fourth Quarter 2024 Financial and Operating HighlightsTotal cash, short-term investments, bank note receivables and fixed term bank deposit balance was $2.2 billion at the end of Q4 2024, compared to $2.4 billion at the end of Q3 2024Polysilicon production volume was 34,236 MT in Q4 2024, compared to 43,592 MT in Q3 2024Polysilicon sales volume was 42,191 MT in Q4 2024, compared to 42,101 MT in Q3 2024Polysilicon average total production cost(1) was $6.81/kg in Q4 2024, compared to $6.61/kg in Q3 2024Polysilicon average cash cost(1) was $5.04/kg in Q4 2024, compared to $5.34/kg in Q3 2024Polysilicon average selling price (ASP) was $4.62/kg in Q4 2024, compared to $4.69/kg in Q3 2024Revenue was Show less Read more
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