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Daqo New Energy Announces Unaudited First Quarter 2016 Results

May 10, 2016 6:30 AM EDT

CHONGQING, China, May 10, 2016 /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 first quarter of 2016.

First Quarter 2016 Financial and Operating Highlights

Polysilicon production volume of 3,405 MT in Q1 2016, compared to 3,547 MT in Q4 2015 Polysilicon external sales volume(1) of 2,905 MT in Q1 2016, compared to 3,092 MT in Q4 2015 Polysilicon average total production cost(2) of $9.65/kg in Q1 2016, compared to... More