Daqo New Energy Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1,244.09 million compared to USD 441.37 million a year ago. Net income was USD 627.82 million compared to USD 232.1 million a year ago. Basic earnings per share from continuing operations was USD 8.35 compared to USD 3.15 a year ago. Diluted earnings per share from continuing operations was USD 8.2 compared to USD 3.05 a year ago.
For the six months, sales was USD 2,524.41 million compared to USD 697.46 million a year ago. Net income was USD 1,163.66 million compared to USD 315.32 million a year ago. Basic earnings per share from continuing operations was USD 15.55 compared to USD 4.3 a year ago. Diluted earnings per share from continuing operations was USD 15.15 compared to USD 4.1 a year ago.