Big new energy Q1 earnings: polysilicon shipped 8450 tons of total revenue of $81. 2 million

Solar photovoltaic net news: according to the big new energy released in the first quarter of 2019, in the first quarter of the new energy polysilicon facilities to achieve full production, 8764 tons of polysilicon production, sales of 8450 tons, in the fourth quarter of 2018 increased by 20% and 20. 2%. Quarter of big new energy polysilicon production cost and cash cost reduced to 7. $42 / kg and 6. Twenty dollars/kg.

in the first quarter this year, the big new energy on revenue of $81. 2 million, for $18. 3 million gross profit, gross margin was 22. 6%, belongs to the shareholders' adjusted gross income of $11. 1 million.

big new energy, said a spokesman for the collection of bottleneck capacity to ongoing projects, escalating a few old CVD furnace with the improved technology, increase the production capacity of 5000 tons. If the project is progressing, is expected to be completed in early June 2019 in advance. Therefore, the second quarter of the company production and cost structure may be affected by some.

big new energy in the second quarter of 2019 is expected to produce about 7200 to 7400 tons of polysilicon, 8 total production cost. 0 to 8. $5 / kg, in the second quarter of 2019 to the external clients to sell about 71 million tons to 73 million tons of polysilicon. The total production cost is expected in the third quarter of 2019 will be returned to normal, 7. $5 / kg. In 2019, is expected to produce about 37000 to 40000 tons of polysilicon.

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