Euro Tech Holdings Company Ltd (OQ:CLWT)
Business Focus: Purification & Treatment Equipment
| Sector: Industrials | Industry: Environmental Services & Equipment |
| Company Contact | |
| Address: | Chang Hong Centre 65 Wong Chuk Hang Road C/O Euro Tech (Far East) Ltd 18 F Gee 00000 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| T. C. Leung Chairman of the Board, Chief Executive Officer of Far East | David Yl Leung Chief Executive Officer, Director | Jerry Wong Chief Financial Officer, Director ; Eurotherm (Far East) Ltd. |
| Business Overview |
| Euro Tech Holdings Company Limited is a distributor of a range of advanced water treatment equipment, laboratory instruments, analyzers, test kits and related supplies and power generation equipment (including recorders and power quality analyzers). The Company acts as a distributor for manufacturers of such equipment, primarily to commercial customers and governmental agencies or instrumentalities in Hong Kong and the People's Republic of China (PRC). The Company operates two segments: Trading and manufacturing, and Engineering. It distributes analytical re-agents and chemicals to support testing systems of laboratory and portable instruments, process analyzers and portable test kits and assist in the analysis process. It distributes analytical instruments, environmental quality monitoring instruments, sample pre-treatment equipment and general purpose laboratory instruments. It provides systems engineering to waste-water treatment and power generation plants and beverage producers. |
| Financial Overview |
| For the six months ended 30 June 2023, Euro Tech Holdings Company Ltd revenues increased 18% to $8M. Net loss applicable to common stockholders increased 39% to $255K. Revenues reflect Trading and manufacturing increase of 30% to $5.2M, Engineering increase of 1% to $2.8M. Higher net loss reflects Equity in income of affiliates decrease of 8% to $203K (income). |
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