Welcome to our dedicated page for Consolidated Water news (Ticker: CWCO), a resource for investors and traders seeking the latest updates and insights on Consolidated Water stock.
Consolidated Water Co. Ltd. (CWCO) is a NASDAQ Global Select Market utilities company that develops and operates advanced water supply and treatment plants and water distribution systems. News about CWCO often centers on its seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, as well as its water treatment and reuse projects in the United States.
Investors following Consolidated Water’s news can track updates on its multi‑segment operations, including retail water utility activities in Grand Cayman, bulk potable water supply to government utilities, services for designing and constructing water infrastructure, and manufacturing of specialized water-related products. Company announcements discuss contract awards for drinking water plant expansions, wastewater recycling plants and other treatment facilities, along with progress on major projects such as the Hawaii desalination plant.
Regular press releases also cover quarterly and year‑to‑date financial results, segment performance, and developments in operations and maintenance (O&M) contracts. Corporate governance updates, such as the appointment of new independent directors with water infrastructure and finance experience, appear in CWCO news alongside disclosures about dividend declarations and changes in the quarterly cash dividend per share.
This news page aggregates these company-issued updates so readers can review earnings releases, project milestones, contract wins, board changes and dividend announcements related to Consolidated Water Co. Ltd. and its CWCO stock. For investors and observers of the water utilities and treatment sector, the CWCO news flow provides insight into how the company’s desalination, water treatment, reuse and manufacturing activities are developing over time.
Consolidated Water Co. Ltd. (CWCO), a notable provider of water treatment solutions, announced the passing of long-time director Richard L. Finlay on March 14, 2023, due to a brief illness. Finlay, who joined the board in 1995, played a crucial role in guiding the company from a local utility to a multinational entity serving millions across the Caribbean and the U.S. The company's chairman expressed deep condolences for Finlay's loss, highlighting his legal expertise and dedication to the board. Consolidated Water continues to focus on developing and operating water treatment plants and distribution systems in multiple regions.
Consolidated Water Co. Ltd. (CWCO) reported its 2022 financial results, achieving a record revenue of $94.1 million, up 41% year-over-year. Key drivers include a 206% surge in services revenue and a 71% increase in fourth-quarter total revenue. Net income from continuing operations rose 138% to $8.2 million, reflecting robust performance across segments and a cash dividend of $0.085 per share. Major contracts secured include an $82 million project in Arizona and a $20 million seawater desalination plant in the Cayman Islands. The company is optimistic about future growth trends in tourism and substantial multi-year projects valued over $150 million.
FAQ
What is the current stock price of Consolidated Water (CWCO)?
What is the market cap of Consolidated Water (CWCO)?
