Euro Tech Holdings Company Limited Reports Interim Results For The Six Months Ended June 30, 2019
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, Dec. 23, 2019 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported its unaudited financial results for the six months ended June 30, 2019.The Company's revenues for the six months ended June 30, 2019 ("1H 2019") were approximately US$8,815,000, a 7.4% decrease as compared to approximately US$9,516,000 for the six months ended June 30, 2018 ("1H 2018"). Revenues from trading and manufacturing activities, and engineering activities decreased by US$281,000 and US$420,000, respectively.Gross profits increased by 39.5% to approximately US$2,036,000 for 1H 2019 as compared to approximately US$1,460,000 for 1H 2018. The increase was primarily due to the drop in contracts of low profit margin. Selling and administrative expenses increased by approximately US$75,000 to US$2,512,000 for 1H 2019 as compared to approximately US$2,437,000 for 1H 2018 as a result of general inflation.Operating loss decreased by 48.4% to approximately US$476,000 for 1H 2019 as
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- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Euro Tech Holdings Company Limited (NASDAQ: CLWT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat