Consolidated Water Q2 net income falls 20.9% to $3.93 million; revenue slips 2.1% to $32.87 million
CWCO•Segment performance
- Bulk segment operating income climbed to $2.87 million from $2.14 million on higher pass-through energy rates and new Cat Island plants.
- Services operating income fell to $424,436 from $1.43 million.
- Manufacturing operating income dropped to $478,497 from $1.51 million as revenue declined to $2.69 million from $5.23 million on fewer purchase orders.
Q2 profit and revenue decline
Consolidated Water posted Q2 net income attributable to stockholders of $3.93 million, down from $5.1 million a year earlier; EPS was $0.24 versus $0.32.
Revenue slipped 2.1% to $32.87 million, while gross profit fell to $10.96 million from , trimming margin to from .




