HONG KONG, April 30, 2025 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2024 ("Fiscal 2024").The Company had net income of US$734,000 in Fiscal 2024, as compared to US$1,828,000 for the fiscal year ended December 31, 2023 ("Fiscal 2023"). There was an exceptional increase in equity in income of affiliates in Fiscal 2023 arising from the disposal of 2 desulfurization treatment plants for a "Build-operate-transfer" ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORM 20-F OR ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR Commission ...

HONG KONG, Feb. 20, 2025 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) (the "Company") today announced that its Board of Directors (the "Board") has approved a program to repurchase up to 350,000 shares of its issued and outstanding ordinary shares for an aggregate purchase price of up to $500,000. This gives the Company the ability to repurchase its shares in the open market or through negotiated or block transactions from time to time based on market and business conditions over the ne ...

HONG KONG, Dec. 19, 2024 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported its unaudited financial results for the six months ended June 30, 2024. The Company's revenue for the six months ended June 30, 2024 ("1H 2024") were US$7,259,000, a 8.8% decrease as compared to  US$7,957,000 for the six months ended June 30, 2023 ("1H 2023"). The decrease was primarily due to decrease in revenue from engineering activities of US$545,000. Gross profit increased by 19.5% to US$1,790,000 ...

Financial Performance - The company reported a net income of US$1,828,000 for Fiscal 2023, a significant increase from US$369,000 in Fiscal 2022, primarily due to a non-recurrent gain from the disposal of two desulfurization treatment plants [1] - Revenues for Fiscal 2023 were US$17,940,000, reflecting a 20.0% increase compared to US$14,949,000 in Fiscal 2022, driven by recovery in trading activities post-COVID-19 [1] - Gross profits decreased by 16.4% to US$3,861,000 in Fiscal 2023 from approximately US$4,618,000 in Fiscal 2022, attributed to a decline in gross margin percentage in engineering activities due to economic slowdown in Mainland China [2] Expenses and Operations - Selling and administrative expenses decreased by 8.6% to approximately US$4,103,000 in Fiscal 2023 from approximately US$4,490,000 in Fiscal 2022, mainly due to the cessation of operations of Shanghai Euro Tech Limited since September 2022 [2] - The CEO noted that while COVID-19 related policies were lifted, the pace of economic recovery in China remains slow and below expectations [2] Market Opportunities - The company has seen an increase in sales orders for Ballast Water Treatment Systems (BWTS) from the maritime industry and is expanding its sales regions in Dubai, Singapore, Thailand, and Turkey [3] - Anticipation of a surge in demand for smaller-sized BWTS retrofits, particularly in countries with small and medium-sized ships, is expected, supported by a new agreement with ERMA FIRST from Greece for exclusive distribution across 20 European countries [4] - The company aims to develop sales channels for industrial wastewater treatment in high-growth regions of Southeast Asia, such as the Philippines and Vietnam [5] Compliance and Regulations - BWTS are mandated by the International Maritime Organization (IMO) to prevent biological imbalance caused by ballast water, with compliance requirements established for vessels constructed after December 2013 [6] - The company has obtained type approval certificates for various BWTS capacities and is compliant with revised G8 requirements for systems installed after October 28, 2020 [7][8]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol Name of each exchange on which registered ordinary shares, no par value CLWT NASDAQ Capital Market FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURI ...

HONG KONG, April 15, 2024 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) reported that the Company has recently formed a new synergistic "White Label" BWTS business partnership in Greece. The Company's majority-owned subsidiary, Yixing PACT Environmental Technology Co., Ltd., ("PACT") has signed an exclusive sales distribution and OEM partnership agreement with ERMA FIRST ESK Engineering Solutions S.A. ("ERMA FIRST"). This partnership has created a synergy effect for both companies as PAC ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission ...

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