logo
Plus   Neg
Share
Email

Daqo New Energy Maintains FY20 Production Outlook - Quick Facts

While reporting financial results for the first quarter on Wednesday, Daqo New Energy Corp. (DQ), a manufacturer of high-purity polysilicon for the global solar PV industry, announced polysilicon production and sales guidance for the second quarter and maintained its full-year 2020 polysilicon production guidance.

The company expects to produce about 15,500 to 16,500 MT of polysilicon and sell about 14,500 to 15,500 MT of polysilicon to external customers during the second quarter of 2020.

The company also continues to project full year 2020 polysilicon production in the range of 73,000 to 75,000 MT, which takes into account the impact of the company's annual facility maintenance.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration said that it will rapidly work toward finalization and issuance of an emergency use authorization of Johnson & Johnson's (JNJ) single-shot COVID-19 vaccine candidate. Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its fourth-quarter net earnings attributable to shareholders rose 23 percent to $35.84 billion from last year's $29.16 billion, with earnings per share improving to $23,015 per Class A share from $17,909 per Class A share in the prior year. Walmart Inc. has launched a nationwide drive to boost COVID-19 vaccination rates by reaching out to more residents in vulnerable communities. The retail giant will organize a series of community events at 43 locations in 18 states to administer the COVID-19 vaccine. Walmart said it plans to continue these new events over the next several weeks as vaccine allocations allow.
Follow RTT