Consolidated Water rises on higher Q4 revenue

Consolidated Water Co

31/03/2023 18:36

** Shares of water solutions firm Consolidated Water Co Ltd
 CWCO.O  up 6.4% at over 4-month high of $16.40
    ** Co reports Q4 total rev. of $28.4 mln, up 71% from a year
ago
    ** Co says 2022 retail water segment benefited from increase
in volume of water sold in Grand Cayman due to lifting of travel
restrictions, return of tourism to the Cayman Islands
    ** Also posts FY net income of 38 cents per share vs 6 cents
per share in 2021
    ** Shares up ~11% YTD

 (Reporting by Yamini Kalia)
 ((Yamini.Kalia@thomsonreuters.com))