Daqo New Energy Corp. (NYSE:DQ)

Monday, September 27, 2010

                       
     Year Ended
December 31,
    Six Months
Ended June 30,
     2008    2009     2009     2010
     (in thousands)

Net income attributable to Daqo New Energy Corp.’s shareholders

   $ 21,525    $ 30,835      $ 15,107      $ 18,032

Add: net loss (income) attributable to noncontrolling interest

     327      (899     (937     117
                               

Net income

     21,852      29,936        14,170        18,149

Plus: interest expenses

     3,873      6,462        3,248        5,359

Less: interest income

     115      214        167        160

Plus: income tax expenses

     1,602      240        2,475        3,859

Plus: depreciation expenses

     7,817      16,088        7,441        15,411
                               

EBITDA

   $ 35,029    $ 52,512      $ 27,167      $ 42,618


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