Euro Tech Holdings Company Ltd. (CLWT) Reports Financial Results
Euro Tech Holdings Company Limited reported net income of $11,000 for the six-month period ending June 30, 2009. This was up from net income of $4,000 reported in the same period in 2008. The company reported revenues of $14.1 million, a 5.1% increase from the $13.4 million reported in the same period of 2008. Euro Tech Holdings Company Limited had a solid balance sheet with cash and equivalents of $6.6 million, with no short or long-term debt. T.C. Leung, the CEO of Euro Tech Holdings Company Limited, said, “China could not escape the impact of the global financial crisis, 2009…