Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Loss for FY2024 [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
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Source: Yahoo! Finance
leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") has provided an estimate of its net loss for the fiscal year ended December 31, 2024 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable to Xinjiang Daqo's shareholders in FY2024 would be in the range of RMB 2.6~3.1 billion, compared to net profit attributable to Xinjiang Daqo's shareholders of RMB5.8 billion in FY2023. This estimate includes losses related to provisions for inventory impairment and fixed asset impairment. Daqo New Energy currently beneficially owns approximately 72.4% of Xinjiang Daqo's equity interest, and the majority
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- Daqo New Energy Corp. (NYSE: DQ) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Bearish: Analysts Just Cut Their Daqo New Energy Corp. (NYSE:DQ) Revenue and EPS estimates [Yahoo! Finance]Yahoo! Finance
- Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2024 ResultsPR Newswire
- Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2024 on February 27, 2025 [Yahoo! Finance]Yahoo! Finance
- Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2024 on February 27, 2025PR Newswire
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