Daqo New Energy(688303.SH): Net loss of 1.129 billion yuan in 2025

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Gelonghui, February 26 — Daqo New Energy (688303.SH) announced its 2025 performance quick report. According to preliminary calculations, the company achieved operating revenue of 4.839 billion yuan during the reporting period, a decrease of 34.71% year-on-year; net loss attributable to shareholders of the listed company was 1.129 billion yuan; net loss attributable to shareholders after deducting non-recurring gains and losses was 1.156 billion yuan; basic earnings per share were -0.53 yuan. The loss has significantly decreased compared to the same period last year.

In 2025, as industry policies continue to deepen guidance, domestic polysilicon prices have shown a recovery trend since the third quarter, but the polysilicon industry still faces the reality of high inventory and weak demand. During the reporting period, the company continued to promote refined management and technological innovation, effectively reducing production costs and improving operational efficiency, providing important support for improving profitability. Additionally, influenced by changes in asset impairment factors, the company’s net loss has narrowed significantly compared to the same period last year.

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