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Stock impact report

Consolidated Water Reports 2023 Revenue up 92% to $180.2 Million, Net Income of $30.7 Million or $1.93 per Diluted Share

Consolidated Water Co. Ltd. - Ordinary Shares (CWCO) 
Last consolidated water co. ltd. - ordinary shares earnings: 11/12 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cwco.com
Company Research Source: GlobeNewswire
GEORGE TOWN, Cayman Islands, March 27, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the full year ended December 31, 2023. All comparisons are to the same prior year period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). 2023 Financial Highlights Total revenue up 92% to $180.2 million.Retail revenue up 16% to $30.2 million.Bulk revenue increased 5% to $34.6 million.Services revenue increased 240% to $98.0 million, with recurring services revenue generated from operations and maintenance contracts up 37% to $19.4 million.Manufacturing revenue increased 177% to $17.5 million. Net income from continuing operations attributable to company stockholders was $30.7 million or $1.93 per diluted share, as compared to $8.2 million or Show less Read more
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