Daqo’s Q4 Net Income Surges to $373 Million on Higher Polysilicon Sales

The company's net income for the full year 2022 increased to $1.8 billion

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China-based manufacturer of photovoltaic (PV)-grade polysilicon Daqo New Energy Corporation posted a year-over-year (YoY) spike of 164% in its net income at $372.9 million for the fourth quarter of the financial year (FY) 2022, backed by increased earnings from polysilicon sales.

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