Daqo New Energy’s Revenue Plunges 70% in Q1 2025 as Sales Drop

The company saw a net loss of $71.8 million

May 2, 2025

/ Tina Freese
/ Finance and M&A, Renewable Energy
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China-based photovoltaic-grade polysilicon manufacturer Daqo New Energy Corporation reported a revenue of $123.9 million in the first quarter (Q1) of 2025, a 70% decrease from $415.3 million in the same period last year.

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Tina Freese

More articles from Tina Freese.
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