Suzhou Douson Drilling & Production Equipment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 389.54 million compared to CNY 291.8 million a year ago. Revenue was CNY 389.54 million compared to CNY 291.8 million a year ago.

Net income was CNY 17.73 million compared to net loss of CNY 20.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.0853 compared to basic loss per share from continuing operations of CNY 0.1004 a year ago. Diluted earnings per share from continuing operations was CNY 0.0853 compared to diluted loss per share from continuing operations of CNY 0.1004 a year ago.