Suzhou Douson Drilling&Production Equipment Co.,Ltd. Posted 12.1 Million Yuan Net Profit in First Half of 2022

Suzhou Douson Drilling&Production Equipment Co.,Ltd. (苏州道森钻采设备股份有限公司) (603800.SH) reported a net profit of 12.1 million yuan in the first half of 2022, reversing a net loss of 39.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 713.2 million yuan in revenue, up 50.7% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 69.6%.