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:
以下是达科新能源公司（DQ）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
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.
达科新能源公司报告称，第一季度总产量增加到62,278公吨，生产成本下降了2％。
该公司创造了7700万美元的息税折旧摊销前利润，并保持了27亿美元的现金余额。
收入下降至4.153亿美元，主要是由于平均销售价格和多晶硅销售的下降。
毛利为7200万美元，相当于毛利率为17.4％。
该公司归属于股东的净收益为1,550万美元。
Business Progress:
业务进展：
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.
该公司预计，2024年第二季度的产量将在6万至63,000公吨之间。
内蒙古五B期工厂计划于第二季度开始生产。
到2024年，全公司的产量预计将比2023年增长40％-50％，达到30万公吨，N型产量的增加推动了这一激增。
尽管由于太阳能市场低迷，扩张计划暂停，但Daqo仍考虑将业务扩展到中国以外，可能扩展到美国、中东和东南亚。
More details: Daqo New Energy IR
更多详情： 大全新能源红外
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