Polysilicon manufacturer Daqo reported the sale of 38,839 MT of polysilicon at an average selling price of $32.76/kg in the first quarter of the year, with quarterly turnover coming in at $1.28 billion. In the same period of 2021, the company sold 21,471 MT and revenue totaled $256.1 million. Net profit increased considerably from $83.2 million in the first quarter of 2021 to $535.8 million in the latest quarter. ‘We are very pleased to report exceptional results for the first quarter of 2023, the best-ever in the company’s history,’ said Daqo CEO Longgen Zhang.
Chinese PV Industry Brief: Daqo reports polysilicon average selling price of $32.76/kg in Q1
