Euro Tech Hldgs H1 EPS $(0.03) Down From $(0.02) YoY, Sales $7.96M Up From $6.73M YoY
Portfolio Pulse from Benzinga Newsdesk
Euro Tech Holdings (CLWT) reported a 50% increase in losses per share to $(0.03) in H1 compared to $(0.02) in the same period last year. However, the company's sales rose by 18.23% to $7.96M from $6.73M year-over-year.
December 22, 2023 | 11:04 am
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NEUTRAL IMPACT
Euro Tech Holdings reported increased losses per share but also showed significant sales growth compared to the same period last year.
The mixed results with increased losses may concern investors, but the substantial growth in sales could indicate underlying business strength. The short-term impact on the stock price is uncertain as the market may weigh the negative earnings against the positive sales growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100