Recently, Daquan energy released its performance report for the third quarter of 2021. In the third quarter, it achieved an operating revenue of 3.793 billion yuan, a year-on-year increase of 336.95%; The net profit attributable to the parent company was 2.312 billion yuan, a year-on-year increase of 1132.74%; Deduct non net profit of RMB 2.31 billion, with a year-on-year increase of 1103.12%.
In the first three quarters of 2021, Daquan energy achieved a total operating revenue of 8.305 billion yuan, a year-on-year increase of 177.16%; The net profit attributable to the parent company was 4.473 billion yuan, a year-on-year increase of 799.73%; Deduct non net profit of RMB 4.465 billion, with a year-on-year increase of 795.61%; The basic earnings per share was 2.63 yuan, a year-on-year increase of 673.53%.
Since 2021, due to the continuous growth of the whole photovoltaic market, the downstream silicon wafer link has expanded rapidly and the demand has increased significantly, while the overall supply of polysilicon material link is in short supply, so the polysilicon price has continued to rise. Daquan Energy said that the substantial growth in performance during the reporting period was due to the strong downstream demand, the tight polysilicon material market, the sharp rise in polysilicon sales unit price and the increase in sales.
