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Home » News » Solar » Daqo New Energy Reports Significant Third-Quarter Loss Amidst Polysilicon Price Decline
Solar

Daqo New Energy Reports Significant Third-Quarter Loss Amidst Polysilicon Price Decline

By Alan MaNovember 4, 20242 Mins Read
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Credit: Daqo New Energy
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Chinese solar-grade polysilicon producer Daqo New Energy Corp reported a third-quarter attributable net loss of USD 60.7 million (EUR 55.8 million), a sharp increase from a net loss of USD 6.3 million in the same period last year. This loss was attributed to falling polysilicon prices and reduced sales volume. CEO Xiang Xu commented on the

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