Liqtech International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 05:19 pm EST
Share
LiqTech International, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 9.672 million compared to USD 3.347 million a year ago. Operating income was USD 259,007 compared to operating loss of USD 942,161 a year ago. Net income was USD 656,357 compared to net loss of USD 921,949 a year ago. Basic earnings per share was USD 0.03 compared to basic loss per share of USD 0.05 a year ago. For the nine months, sales was USD 26.391 million compared to USD 9.336 million a year ago. Operating income was USD 669,916 compared to operating loss of USD 2.906 million a year ago. Net income was USD 837,387 compared to net loss of USD 2.718 million a year ago. Basic earnings per share was USD 0.04 compared to basic loss per share of USD 0.18 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.
LIQTECH INTERNATIONAL, INC. 
