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Daqo New Energy Announces Unaudited First Quarter 2015 Results

May 8, 2015 5:31 AM EDT

CHONGQING, China, May 8, 2015 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading polysilicon manufacturer based in China, today announced its unaudited financial results for the first quarter of 2015.

First Quarter 2015 Financial and Operating Highlights

Record-high polysilicon production volume of 1,801 MT in Q1 2015, compared to 1,791 MT in Q4 2014 Polysilicon shipments of 1,532 MT in Q1 2015, compared to 1,537 MT in Q4 2014 Record-low polysilicon production cost(2) of $12.80/kg in Q1 2015, compared to $13.23/kg in Q4 2014; cash cost of $10.53/kg in... More