Suzhou Douson Drilling&Production Equipment Co.,Ltd.’s Net Profit Rose 727.2% in First Half of 2023

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 100.2 million yuan in the first half of 2023, up 727.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 48.4% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 71.3%.