Brief: Consolidated Water Reports Q3 Earnings Per Share $0.11

Consolidated Water Co

12/11/2019 14:11

Nov 12 (Reuters) - Consolidated Water Co Ltd  CWCO.O :
    * CONSOLIDATED WATER REPORTS Q3 2019 RESULTS
    * Q3 EARNINGS PER SHARE $0.11
    * Q3 REVENUE FELL 12 PERCENT TO $15.9 MILLION
    * LOWER FINANCIAL PERFORMANCE REFLECTS AN UNUSUAL CONFLUENCE
OF
FACTORS ACROSS OUR OPERATING SEGMENTS
    * REVENUE FROM BULK WATER IS LOWER DUE TO NEW RATES THAT
CAME INTO
EFFECT EARLIER THIS YEAR IN GRAND CAYMAN
    * DON'T SEE Q3 AS INDICATIVE OF A TREND
    * EXPECTS PERFORMANCE OF MANUFACTURING SEGMENT FOR 2019
FISCAL
YEAR TO EXCEED ITS PERFORMANCE FOR 2018
    * EXPECTS REVENUE AND GROSS PROFIT GENERATED BY BULK SEGMENT
TO
STABILIZE

Source text for Eikon:  ID:nPn1vYysQa 
Further company coverage:  CWCO.O 

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