Daqo new energy announces unaudited financial results for the third quarter of 2022

Shanghai , oct. 27, 2022 /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 third quarter of 2022. third quarter 2022 financial and operating highlights polysilicon production volume was 33,401 mt in q3 2022, compared to 35,326 mt in q2 2022 polysilicon sales volume was 33,126 mt in q3 2022, compared to 37,545 mt in q2 2022 polysilicon average total production cost(1) was $6.82/kg in q3 2022, compared to $7.26/kg in q2 2022 polysilicon average cash cost(1) was $6.06/kg in q3 2022, compared to $6.51/kg in q2 2022 polysilicon average selling price (asp) was $36.44/kg in q3 2022, compared to $33.08/kg in q2 2022 revenue was $1,219.7 million in q3 2022, compared to $1,244.1 million in q2 2022 gross profit was $978.6 million in q3 2022, compared to $946.9 million in q2 2022.
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