/PRNewswire/ Euro Tech Holdings Company Limited (Nasdaq: CLWT) ("Euro Tech" or the "Company") today provides an update on its status under the Holding.
/PRNewswire/ Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2021 ("Fiscal.
Euro Tech Holdings Company Limited Reports Ballast Water Treatment Systems (“BWTS”) Contract Awarded
Euro Tech Holdings Company Limited (Nasdaq: CLWT) reported that the company has recently received a contract worth about US$ 0.8 million from a port client in Jiangsu Province, China. This project covers design, manufacture, supply and commissioning of a ballast water port solution system with 2,000 cubic meters per hour treatment capacity with explosion proof requirement and is expected to complete before the end of August 2021.
The accumulation of sales orders for port solutions in last six months is worth about US$ 2 million based on four contracts received from port clients in East China. As the first pioneer to commence on commercial ballast water port reception treatment service in the Asia Pacific region, it is expected that the company will receive more potential leads from China and Southeast Asia.
Euro Tech Holdings Company Limited Reports Interim Results For The Six Months Ended June 30, 2020
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HONG KONG, Dec. 30, 2020 /PRNewswire/ Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported its unaudited financial results for the six months ended June 30, 2020.
The Company s net income for the six months ended June 30, 2020 ( 1H 2020 ) was approximately US$869,000 as compared to net loss of approximately US$280,000 for the six months ended June 30, 2019 ( 1H 2019 ). This was attributed by the non-recurrent net gain on disposal of a property of approximately US$1,429,000.
The adverse impact of COVID-19 coupled with the China-US escalating trade war and technology tensions, and the ongoing social unrest in Hong Kong resulted in a 35.1% decrease of revenues from approximately US$8,815,000 for 1H 2019 to approximately US$5,718,000 for 1H 2020. Revenues from trading and manufacturing activities, and engineering act