Earnings Call Summary | Daqo New Energy(DQ.US) Q1 2024 Earnings Conference
Earnings Call Summary | Daqo New Energy(DQ.US) Q1 2024 Earnings Conference
The following is a summary of the Daqo New Energy Corp. (DQ) Q1 2024 Earnings Call Transcript:
以下是達科新能源公司(DQ)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Daqo New Energy Corp reported a Q1 total production volume increase to 62,278 metric tons and a 2% decrease in production costs.
The company generated $77 million in EBITDA and maintained a $2.7 billion cash balance.
Revenue declined to $415.3 million, mainly due to decreases in average selling prices and polysilicon sales.
Gross profit was $72 million, equating to a gross margin of 17.4%.
The company's net income attributable to shareholders was $15.5 million.
達科新能源公司報告稱,第一季度總產量增加到62,278公噸,生產成本下降了2%。
該公司創造了7700萬美元的息稅折舊攤銷前利潤,並保持了27億美元的現金餘額。
收入下降至4.153億美元,主要是由於平均銷售價格和多晶硅銷售的下降。
毛利爲7200萬美元,相當於毛利率爲17.4%。
該公司歸屬於股東的淨收益爲1,550萬美元。
Business Progress:
業務進展:
The company predicts Q2 2024 production volumes to range between 60,000 and 63,000 metric tons.
Production at the Inner Mongolia Phase 5B facility is slated to commence in Q2.
For 2024, company-wide production volumes are projected to increase 40%-50% compared to 2023, up to 300,000 metric tons, a surge facilitated by an increase in N-type production.
Despite a pause in expansion plans due to the solar market downturn, Daqo considers expansions beyond China, potentially in the U.S., Middle East, and Southeast Asia.
該公司預計,2024年第二季度的產量將在6萬至63,000公噸之間。
內蒙古五B期工廠計劃於第二季度開始生產。
到2024年,全公司的產量預計將比2023年增長40%-50%,達到30萬公噸,N型產量的增加推動了這一激增。
儘管由於太陽能市場低迷,擴張計劃暫停,但Daqo仍考慮將業務擴展到中國以外,可能擴展到美國、中東和東南亞。
More details: Daqo New Energy IR
更多詳情: 大全新能源紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。