1. Euro Tech's subsidiary awarded $1.2M ballast water treatment contract. 2. Contract involves design, supply, and installation for a Chinese company. 3. Project will complete by January 2026, enhancing revenue prospects. 4. Forward-looking statements highlight uncertainties in operations. 5. Potential risks include market competition and dependence on vendors.
The $1.2 million contract positively influences revenue forecasts for CLWT. Previous contracts have led to stock price increases.
The contract demonstrates CLWT’s operational capacity and revenue potential, important for investor outlook.
The contract spans months and enhances revenue stability, likely leading to sustained growth. Similar long-term contracts in previous years have boosted investor confidence.
HONG KONG, Sept. 3, 2025 /PRNewswire/ -- Euro Tech Holdings Company Limited (NASDAQ:CLWT) today announced that its majority-owned subsidiary, Yixing PACT Environmental Technology Company Ltd. ("PACT") has recently been awarded a Ballast Water Treatment port reception system contract worth approximately US$1.2 million. The purpose is to treat the ballast water at the port for a Chinese state-owned petrochemical company in Guangdong province, with a water capacity of 800 cubic meters per hour. This contract covers design, supply, fabrication, installation, and commissioning at the site, and is expected to be completed by January 2026.
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, 2024.
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SOURCE EURO TECH HOLDINGS COMPANY LIMITED