Natuzzi S p A : Third Quarter 2022 Financial Results and Shareholder Letter streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
References to the Company, IIAC, our, us or we refer to Investindustrial Acquisition Corp. The following discussion and analysis of the Company s financial condition and results of operations should.
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HONG KONG, May 13, 2021 /PRNewswire/ Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2020 ( Fiscal 2020 ).
The Company had net income of approximately US$769,000 in Fiscal 2020, as compared to net loss of approximately US$146,000 for the fiscal year ended December 31, 2019 ( Fiscal 2019 ). This was attributed by the increase in profit contribution from the affiliate of approximately US$298,000 and the non-recurrent net gain on disposal of a property of approximately US$1,429,000.
The Company s revenues for Fiscal 2020 were approximately US$13,357,000, an approximate 23.2% decrease compared to approximately US$17,399,000 in Fiscal 2019. The decrease was principally caused by the adverse impact of COVID-19 and the China-US escalating trade situation and technology tensions.