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Consolidated Water Reports 2020 Revenue Up 6% To 726M


Consolidated Water Reports 2020 Revenue Up 6% To $72.6M
George Town, Cayman Islands (GLOBE NEWSWIRE) - Consolidated Water Co. Ltd. (Nasdaq Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, reported results for the year ended December 31, 2020. All annual comparisons are to the previous year unless otherwise noted.
2020 Highlights
Revenue increased 6% to a record $72.6 million.
Services segment revenue increased to $12.9 million, with $12.5 million of the revenue due to acquiring a 51% controlling interest in PERC Water in October 2019.
Services segment gross profit was $3.2 million versus $0.5 million in 2019.
Net income from continuing operations attributable to stockholders was $8.6 million or $0.56 per diluted share. ....

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