Suzhou Douson Drilling&Production Equipment Co.,Ltd. Posted 167.9 Million Yuan Net Profit in 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 167.9 million yuan in 2022, reversing a net loss of 37.3 million yuan for the previous year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 86.4% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 67.3%.