China’s Solar Polysilicon Manufacturer Daqo Reports 150% Rise in Gross Profit in Q3 2020

The company produced about 18,406 metric tons of polysilicon in Q3 2020

November 26, 2020

/ Nithin Thomas
/ Finance and M&A, Solar
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China-based Daqo New Energy Corporation announced that its gross profit stood at $45.3 million in the third quarter or 2020 (Q3 2020), up over 150% from $18.1 million in the same quarter last year, according to its Q3 2020 earnings statement.

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Nithin Thomas

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ChinaDaqoEarningsFinancialPolysiliconResultsXinjiang
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