Xinjiang Daqo New Energy Co.,Ltd.’s Net Profit Rose 799.9% in First Three Quarters of 2021

Xinjiang Daqo New Energy Co.,Ltd. (新疆大全新能源股份有限公司) (688303.SH) reported a net profit of 4.5 billion yuan in the first three quarters of 2021, up 799.9% year-on-year.

Meanwhile, the company posted 8.3 billion yuan in revenue, up 177.2% year-on-year.

At the end of the reporting period, it had 20 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 23.9%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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