DDH1 warns of 'short-term' pain

DRILLING company DDH1 has reported a strong set of half-year results.

DDH1 warns of 'short-term' pain DDH1 warns of 'short-term' pain DDH1 warns of 'short-term' pain DDH1 warns of 'short-term' pain DDH1 warns of 'short-term' pain

The company recorded a 15.7% uplift in revenue to A$286 million and a 6.3% increase in revenue per rig to $1.5 million.

Operating EBITDA was up 15.9% to $65.6 million, while EBITDA was up 18.

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