Euro Tech Holdings Company Limited Reports 2025 Year-End Results

Q: What were Euro Tech (CLWT) Fiscal 2025 revenue and net income figures?

Revenue was US$13.265 million and net income was US$157,000. According to the company, revenue fell 13.8% YoY and net income declined from US$734,000 in Fiscal 2024.

Q: How did operating expenses change for CLWT in Fiscal 2025?

Selling and administrative expenses decreased slightly to US$3.907 million in Fiscal 2025. According to the company, expense controls reduced S&A about 3.9% year-over-year versus Fiscal 2024.

Euro Tech Holdings (Nasdaq: CLWT) reported Fiscal 2025 results for the year ended Dec 31, 2025.

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Rhea-AI Summary

Euro Tech Holdings (Nasdaq: CLWT) reported Fiscal 2025 results for the year ended Dec 31, 2025. Revenue was US$13.265M (down 13.8% YoY) and net income was US$157k (down from US$734k). Gross profit fell 17.5% to US$3.674M. Management cited lower trading sales to China tied to U.S. tariffs and retaliatory measures, offset in part by engineering sales activity. The company holds type approval certificates for multiple BWTS models and says it complies with revised G8 requirements. Management expects growth opportunities in industrial wastewater engineering and port BWTS solutions in 2026.

Positive

Type approval for multiple BWTS models retained
Compliance with IMO revised G8 requirements for BWTS

Negative

Revenue declined 13.8% to US$13.265M in Fiscal 2025
Net income dropped about 78.6% to US$157k versus US$734k in 2024
Gross profit decreased 17.5% to US$3.674M
Trading sales to China fell due to U.S. tariffs and Chinese retaliatory measures

Argus May 1 session

-4.93% close to close Open Argus

Details

News Market Reaction – CLWT

In the May 1 session, CLWT declined 4.93%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights that Euro Tech stayed profitable in Fiscal 2025 with net income of US$1...

Analysis

This announcement highlights that Euro Tech stayed profitable in Fiscal 2025 with net income of US$157,000, but revenue declined 13.8% to US$13.27M amid weaker U.S.–China trading. Management emphasized double‑digit growth in engineering orders and future opportunities in industrial wastewater and ballast water treatment. Investors may watch how quickly engineering growth replaces pressured trading revenue and whether cost controls sustain or improve margins.

Key Figures

Net income Fiscal 2025: US$157,000 Net income Fiscal 2024: US$734,000 Revenue Fiscal 2025: US$13,265,000 +5 more

Net income Fiscal 2025: US$157,000; Year ended December 31, 2025
Net income Fiscal 2024: US$734,000; Year ended December 31, 2024
Revenue Fiscal 2025: US$13,265,000; Year ended December 31, 2025
Revenue Fiscal 2024: US$15,383,000; Year ended December 31, 2024
Gross profit Fiscal 2025: US$3,674,000; Year ended December 31, 2025
Gross profit Fiscal 2024: US$4,454,000; Year ended December 31, 2024
Selling & admin expenses 2025: US$3,907,000; Year ended December 31, 2025
Selling & admin expenses 2024: US$4,067,000; Year ended December 31, 2024

Historical Context

3 past events · Latest: Mar 03

3 events

Mar 03
Stock buyback plan

24h Move

+8.3%

New authorization to repurchase up to 250,000 shares for $350,000.
Dec 30
Interim results 1H25

24h Move

+0.0%

Revenue decline and swing to net loss amid tariff‑related trading weakness.
Nov 21
Engineering contract win

24h Move

+0.9%

US$2.1M contract for water treatment systems at Mongolian uranium mine.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

international maritime organization, ballast water management convention, type approval certificate

3 terms

international maritime organization regulatory

"requirement by The International Maritime Organization ("IMO") to prevent the biological"

An international maritime organization is a global body that sets rules and standards for shipping safety, environmental protection, and crew welfare across national borders—think of it as the referee and rulebook for the world’s oceans. Investors care because its regulations influence operating costs, required ship upgrades, legal risks, and the pace of trade and technology adoption, all of which can materially affect shipping companies’ profits and related industries’ valuations.

ballast water management convention regulatory

"IMO's Ballast Water Management Convention entered into force for new-built vessels"

An international treaty that requires ships to treat and manage the water they take on and release to prevent moving harmful plants and animals between ecosystems. Think of it like a requirement to filter and document what you pour out so local environments aren’t contaminated; for investors, it matters because compliance can mean significant costs for equipment upgrades, inspections and paperwork, affect operating schedules, create regulatory risk and influence a vessel’s resale value.

type approval certificate regulatory

"The company obtained type approval certificate from China's Classification Society for its"

A type approval certificate is an official government or regulatory stamp that confirms a product design meets required safety, technical and legal standards before it can be sold or used in a particular market. For investors it matters because the certificate is like a passport for a product — without it a company cannot generate sales or expand into that region, so holding approvals reduces regulatory risk and enables revenue growth and clearer valuation prospects.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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04/30/2026 - 07:00 PM

HONG KONG, April 30, 2026 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2025 ("Fiscal 2025").

The Company had net income of US$157,000 in Fiscal 2025, as compared to US$734,000 for the fiscal year ended December 31, 2024 ("Fiscal 2024"). The decrease was primarily attributable to a decline in revenue from trading activities and a corresponding
reduction in gross profit margin during the period.

The Company's revenues for Fiscal 2025 were US$13,265,000, a 13.8% decrease compared to US$15,383,000 for Fiscal 2024. The decrease in revenue was primarily attributable to decrease in revenue from trading activities, particularly lowered sales of US products to China following US tariffs and Chinese retaliatory measures.

Gross profits decreased by 17.5% to US$3,674,000 for Fiscal 2025 as compared to US$4,454,000 for Fiscal 2024. The decrease was principally due to decrease in revenue.

Selling and administrative expenses slightly decreased by 3.9% to US$3,907,000 for Fiscal 2025 as compared to US$4,067,000 for Fiscal 2024 because of controls over expenses.

Mr. David Leung, CEO of the company commented,

"Building on the momentum from the delayed completion of sales orders, we secured and consolidated a positive result with lesser net income in Fiscal 2025. Notwithstanding the U.S. tariff issue, our sales orders for the trading business maintained results comparable to those of 2024 still. This is somehow caused a substantial drop in revenue and net income. However, in engineering, we are delighted that we anticipated double-digit growth in sales orders for Fiscal 2025, which has compensated for the drop in sales order for US products sold to China.

Looking to 2026, we expect to generate further business growth in industrial wastewater engineering from one of the key high-growth markets based on our current sales leads, such as pharmaceuticals, energy, mining, and data centers. Seeking new local partners to secure long-term after-sales support is essential, such as the EU and ASEAN countries. Meanwhile, the retrofit BWTS market for ships is maturing worldwide, and we are going to focus on new ships market as well as port BWT solutions at multiple locations will create new demand, as shipowners may still encounter water discharge issues to the ocean due to system defects or challenging water quality zones. Thus, IMO and local environmental policies enforced by authorities, particularly in countries with higher environmental standards, such as those in Europe, will mandate regulations. Recruiting local partners there to expand our reach and enhance services will be our priority for long-term growth, given that we have gained extensive know-how and experience from our domestic port market."

About BWTS

BWTS are an imminent requirement by The International Maritime Organization ("IMO") to prevent the biological unbalance caused by the estimated 12 billion tons of ballast water transported across the seas by ocean-going vessels when their ballast water tanks are emptied or refilled. In 2012, ballast water discharge standard became a law in the US. Any vessel constructed in December 2013 or later will need to comply when entering US waters, and existing vessels will follow shortly after. IMO's Ballast Water Management Convention entered into force for new-built vessels on September 8, 2017 after ratification by 52 States, representing 35.1441% of world merchant shipping tonnage. In July 2017, IMO decided that the phase-in period for ballast water system retrofits started on 8 September 2019.

The company obtained type approval certificate from China's Classification Society for its 200, 300, 500, 750, 1200 and 1250 Cubic Meters per hour BWTS in 2016.

The IMO convention stipulates that type approval for revised G8 requirements must be obtained for all BWTS installed on or after October 28, 2020, and the company have been in compliance with such requirements.

Its ballast water port solution, HarborBallast, is a system installed in port to offer ballast water treatment services for ocean-going ships without their own BWTS and for those with damaged BWTS.

Forward Looking Statements

Certain statements in this news release regarding the Company's expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company's offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company's own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the "Risk Factor" discussions in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2025.

CONDENSED STATEMENTS OF OPERATIONS
(Dollar amounts in US$ thousands, except share and per share data)

	Year Ended December 31,
	2025	2024
Revenues	13,265	15,383

Net Income Attributable to the Company	157	734

Net Income Per Ordinary Share – Basic	$0.02	$0.10
Weighted Average Number of Ordinary Shares Outstanding –Basic	7,603,354	7,716,993

SELECTED BALANCE SHEET DATA

	As of December 31,
	2025	2024
Cash and Cash Equivalents	4,283	5,805
Total Current Assets	9,251	9,229
Total Assets	21,342	20,708
Total Current Liabilities	4,592	4,005
Total Liabilities	4,752	4,014
Total Euro Tech Shareholders' Equity	15,619	15,743

View original content:https://www.prnewswire.com/news-releases/euro-tech-holdings-company-limited-reports-2025-year-end-results-302759348.html

SOURCE EURO TECH HOLDINGS COMPANY LIMITED

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Euro Tech (CLWT) Fiscal 2025 revenue and net income figures?

Revenue was US$13.265 million and net income was US$157,000. According to the company, revenue fell 13.8% YoY and net income declined from US$734,000 in Fiscal 2024.

Why did CLWT's revenue and profits decline in Fiscal 2025?

Lower trading sales to China reduced revenue and margins. According to the company, U.S. tariffs and Chinese retaliatory measures specifically lowered sales of U.S. products to China, hurting gross profit and net income.

Does Euro Tech (CLWT) have regulatory approvals for its BWTS products?

Yes. The company holds type approval certificates for multiple BWTS models and states it complies with revised G8 requirements. According to the company, approvals date back to 2016 for listed models.

What parts of the business offset trading weakness for CLWT in 2025?

Engineering sales provided partial offset to trading declines. According to the company, engineering sales orders showed anticipated double-digit growth that helped mitigate the lower trading revenue.

What growth areas does Euro Tech (CLWT) target for 2026?

The company targets industrial wastewater engineering and port BWTS solutions in markets like pharmaceuticals, energy, mining, and data centers. According to the company, recruiting local partners in EU and ASEAN is a priority.

How did operating expenses change for CLWT in Fiscal 2025?

Selling and administrative expenses decreased slightly to US$3.907 million in Fiscal 2025. According to the company, expense controls reduced S&A about 3.9% year-over-year versus Fiscal 2024.

Euro Tech Holdings Company Limited Reports 2025 Year-End Results