BEIJING (dpa-AFX) - Daqo New Energy Corporation (DQ), a Chinese maker of polysilicon for solar PV industry, said on Thursday that its arm Xinjiang Daqo New Energy estimates a surge in earnings for the fiscal 2022.
According to its preliminary estimates, Xinjiang Daqo expects full-year net profit of around RMB19 billion to 19.2 billion, compared with last year's RMB5.7 billion.
Daqo New Energy currently owns 72.7 percent of Xinjiang Daqo.
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