New York-listed DNE says it now expects to see revenues of $70m-$71m for the April to June period, compared to its previous guidance of $92m-$95m.
Its polysilicon shipment estimates received a more modest downgrade to 970-990 tonnes, against the company’s earlier prediction of 950-1,000 tonnes.
DNE is building a second polysilicon facility in Xinjiang province. It is also striving to become a vertically-integrated producer, with a 200MW module plant in China’s Jiangsu province and a 250MW wafer plant being ramped up in Chongqing.
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