SHANGHAI (AP) — SHANGHAI (AP) — Daqo New Energy Corp. (DQ) on Wednesday reported net income of $44.9 million in its fourth quarter.

On a per-share basis, the Shanghai-based company said it had net income of 64 cents.

The solar panel parts maker posted revenue of $477.1 million in the period.

For the year, the company reported profit of $421.2 million, or $5.62 per share. Revenue was reported as $2.31 billion.

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