CONSOLIDATED WATER CO. LTD. (NASDAQ:CWCO) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
On November 9, 2017, Consolidated Water Co. Ltd. (the “Company”) issued a press release announcing its results of operations for the third quarter ended September 30, 2017. A copy of the press release is attached as Exhibit 99.1 to this report.
The information in this report, including the exhibit hereto, is being “furnished” in accordance with General Instruction B.2 of Form 8-K. As such, this information is not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filings with the Securities and Exchange Commission unless it is explicitly so incorporated in such filings.
| Item 9.01. | Financial Statements and Exhibits. |
Consolidated Water Co. Ltd. ExhibitEX-99.1 2 tv479128_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Consolidated Water Reports Third Quarter Results ·Total Revenues increased 15.2% to $16.6 million; Gross Profit of $6.3 million increased 6.6% from prior year. ·Net Income of $1.2 million or $0.08 per share. ·Net Income – excluding Bali loss of $569,…To view the full exhibit click here
About CONSOLIDATED WATER CO. LTD. (NASDAQ:CWCO)
Consolidated Water Co. Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations, bulk water operations and services operations. The retail water operations segment produces and supplies water to end users, including residential, commercial and government customers. The bulk water operations segment produces potable water from seawater and sells this water to governments and private customers. The services operations segment provides engineering and management services, including designing and constructing desalination plants, and managing and operating plants owned by affiliated companies. Through its subsidiaries and affiliates, it provides various services to its customers in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands and Indonesia.