Liqtech International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 08:00 am EDT
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LiqTech International, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 4.016 million compared to USD 4.641 million a year ago. Operating loss was USD 2.563 million compared to USD 1.937 million a year ago. Net loss was USD 3.098 million compared to USD 2.563 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.12 a year ago. For the half year, sales was USD 8.014 million compared to USD 14.923 million a year ago. Operating loss was USD 5.370 million compared to USD 1.836 million a year ago. Net loss was USD 5.557 million compared to USD 2.260 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.11 a year ago.
LiqTech International Inc is a clean technology international company, which is engaged in filtration technologies with headquarter in Denmark. The Company specializes in three main business areas: Water - cleaning water of suspended solids, oil & grease, germs & heavy metals, Ceramics - using silicon carbide membranes in diesel exhaust and liquid filtration products, and Plastics - plastic manufacturing. The Company focuses on water treatment systems through its subsidiary, LiqTech Water A/S, sells and develops silicon carbide membranes and diesel particulate filters through LiqTech Ceramics A/S, while LiqTech Plastics A/S, has a focus on plastic processing.