Daqo New Energy posts $23 million net profit in Q1
The Chinese polysilicon producer’s net income attributable to shareholders reached $22.9 million in the first quarter of 2017, from just $8.3 million a year earlier.
Daqo posts $43.5 million profit in 2016
The Chinese polysilicon producer’s net profit rose sharply from $13 million a year earlier, as revenue jumped 25.9% year on year to $229.1 million.
Daqo New Energy cranks new 18,000 MT polysilicon facility into gear
The company’s Phase 3A facility in China’s Xinjiang is now up and running, and should reach full production capacity of 18,000 metric tons of polysilicon the first quarter of the year.
