Daqo New Energy (DQ) Reports Q2 EPS of $0.47

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Daqo New Energy Announces Unaudited Second Quarter 2020 Results

August 18, 2020 6:30 AM EDT

SHIHEZI, China, Aug. 18, 2020 /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 second quarter of 2020.

Second Quarter 2020 Financial and Operating Highlights

Polysilicon production volume was 18,097 MT in Q2 2020, compared to 19,777 MT in Q1 2020 Polysilicon sales volume was 18,881 MT in Q2 2020, compared to 19,101 MT in Q1 2020 Polysilicon average total production cost(1) was $5.79/kg in Q2 2020, compared to $5.86/kg... More