Xinjiang Daqo New Energy Co Ltd Class A

688303: XSHG (CHN)
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Daqo Earnings: Shipments Rebound, but Weak Pricing Weighs on Results; Shares Undervalued

Daqo New Energy's third-quarter revenue fell 25% year on year as lower average selling price more than offset higher shipment volume. The company remained deeply loss-making with a negative 31% net margin.

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