Euro Tech Holdings Company Limited Reports 2023 Year-End Results
Euro Tech Holdings Company Limited - Ordinary Shares (CLWT)
US:NASDAQ Investor Relations:
quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=clwt
Company Research
Source: PR Newswire
HONG KONG, April 30, 2024 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2023 ("Fiscal 2023").The Company had net income of US$1,828,000 in Fiscal 2023, as compared to US$369,000 for the fiscal year ended December 31, 2022 ("Fiscal 2022"). This increase was because of increase in equity in income of affiliates as its affiliates had a non-recurrent gain on disposal of 2 desulfurization treatment plants for a "Build-operate-transfer" project located in Shanxi, China.The Company's revenues for Fiscal 2023 were US$17,940,000, an approximate 20.0% increase compared to US$14,949,000 for Fiscal 2022. The increase was principally due to increase in revenues from trading activities as a result of recovery after the COVID-19 pandemic disruption.Gross profits decreased by 16.4% to US$3,861,000 for Fiscal 2023 as compared to approximately US$4,618,000 for Fiscal 2022. The decrease was primarily due to t
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News
- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- ISSQUARED Inc. Accelerates Growth with Strategic Acquisition of CCT Technologies Inc./ComputerLand Silicon Valley [Yahoo! Finance]Yahoo! Finance
- Euro Tech Holdings Full Year 2023 Earnings: EPS: US$0.24 (vs US$0.048 in FY 2022) [Yahoo! Finance]Yahoo! Finance
- We Ran A Stock Scan For Earnings Growth And Euro Tech Holdings (NASDAQ:CLWT) Passed With Ease [Yahoo! Finance]Yahoo! Finance
- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat