GRAND CAYMAN, Cayman Islands (AP) _ Consolidated Water Co. (CWCO) on Thursday reported third-quarter net income of $1.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs, were 11 cents per share.
The developer and operator of desalination plants posted revenue of $16.6 million in the period.
Consolidated Water shares have risen 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.50, a fall of slightly more than 5 percent in the last 12 months.