Daqo Q4 2023 Earnings Fall Amid Crashing Polysilicon Prices
The company’s Q4 revenue and net income fell by 45% and 82%, respectively
February 29, 2024
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China-based polysilicon manufacturer Daqo New Energy Corporation reported lower revenue and net income in the fourth quarter (Q4) of 2023, as polysilicon prices continued to decline due to market oversupply.