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The Drilling Company of 1972 A/S reported earnings results for the second quarter and half year ended June 30, 2022. For the quarter, the company reported sales was USD 284 million compared to USD 248 million a year ago. For the half year, the company reported sales was USD 532 million compared to USD 614 million a year ago. Net loss was USD 172 million compared to net income of USD 29 million a year ago. Basic loss per share from continuing operations was USD 4.2 compared to basic earnings per share from continuing operations of USD 0.7 a year ago. Diluted loss per share from continuing operations was USD 4.2 compared to diluted earnings per share from continuing operations of USD 0.7 a year ago.
Period Ending: | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Revenue | 266 | 266 | 653 | 614 |
Gross Profit | 47.5 | 47.5 | 225 | 206 |
Operating Income | -1 | -1 | 305 | 73 |
Net Income | -86 | -86 | 262 | 29 |
Period Ending: | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Total Assets | 3257 | 3257 | 3782 | 3657 |
Total Liabilities | 1092 | 1092 | 1462 | 1607 |
Total Equity | 2165 | 2165 | 2320 | 2050 |
Period Ending: | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Jun 30, 2021 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 12 Months | 6 Months |
Cash From Operating Activities | 20.5 | 20.5 | 315 | 94 |
Cash From Investing Activities | -33.5 | -33.5 | 301 | -11 |
Cash From Financing Activities | -157.5 | -157.5 | -283 | -109 |
Net Change in Cash | -171.5 | -171.5 | 331 | -25 |
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