Daqo new energy announces unaudited third quarter 2024 results

Shanghai , oct. 30, 2024 /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 2024. third quarter 2024 financial and operating highlights polysilicon production volume was 43,592 mt in q3 2024, compared to 64,961 mt in q2 2024 polysilicon sales volume was 42,101 mt in q3 2024, compared to 43,082 mt in q2 2024 polysilicon average total production cost(1) was $6.61/kg in q3 2024 compared to $6.19/kg in q2 2024 polysilicon average cash cost(1) was $5.34/kg in q3 2024, compared to $5.39/kg in q2 2024 polysilicon average selling price (asp) was $4.69/kg in q3 2024, compared to $5.12/kg in q2 2024 revenue was $198.5 million in q3 2024, compared to $219.9 million in q2 2024 gross loss was $60.6 million in q3 2024, compared to $159.2 million in q2 2024.
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