Daqo new energy announces unaudited second quarter 2022 results

Shanghai , aug. 3, 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 second quarter of 2022. second quarter 2022 financial and operating highlights polysilicon production volume was 35,326 mt in q2 2022, compared to 31,383 mt in q1 2022 polysilicon sales volume was 37,545 mt in q2 2022, compared to 38,839 mt in q1 2022 polysilicon average total production cost(1) was $7.26/kg in q2 2022, compared to $10.09/kg in q1 2022 polysilicon average cash cost(1) was $6.51/kg in q2 2022, compared to $9.19/kg in q1 2022 polysilicon average selling price (asp) was $33.08/kg in q2 2022, compared to $32.76/kg in q1 2022 revenue was $1,244.1 million in q2 2022, compared to $1,280.3 million in q1 2022 gross profit was $946.9 million in q2 2022, compared to $813.6 million in q1 2022.
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