GEORGE TOWN, Cayman Islands, March 03, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, has been invited to the 35th Annual ROTH Conference being held at The Ritz Carlton, Laguna Niguel in Dana Point, California on March 12-14, 2023.
The conference will feature on-demand presentations by companies across a range of industry sectors, in-person one-on-one and small group meetings, thematic industry panels and fireside chats.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3bdbb6b9-b2fe-4175-a6a9-91ac3b216e06
Past conferences have attracted more than 5,000 attendees, including institutional investors, family offices, high-net-worth investors, and equity analysts.
Consolidated Water CEO, Rick McTaggart, will participate in one-on-one meetings with analysts and investors. He will be joined by the company’s EVP and COO, Ramjeet Jerrybandan.
Management will discuss the company’s future growth drivers that include the more than $150 million in major multi-year projects it secured last year. They will also discuss how the company’s PERC Water subsidiary is well positioned for continuing growth in the advanced water treatment and reuse sector in the Southwestern U.S.
The company's leadership in this market produced strong results in the third quarter of 2022, with revenue up 53% to $25.1 million and net income of $824,000 or $0.05 per share. The company recently declared a quarterly cash dividend of $0.085 per share payable to shareholders of record on April 3, 2023.
To submit your Roth Conference registration request, click here. To schedule a one-on-one meeting with Consolidated Water, please contact your ROTH representative. For questions or further information about Consolidated Water, please contact Ron Both of CMA at (949) 432-7557, or submit your request here.
About ROTH Capital Partners
ROTH Capital Partners is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately held and employee owned. For more information on ROTH, please visit www.roth.com.
About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems. The company designs, builds and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, builds and operates water treatment and reuse facilities in the United States. The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit www.cwco.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "intend", "expect", "should", "will" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to (i) continued acceptance of the company's products and services in the marketplace; (ii) changes in its relationships with the governments of the jurisdictions in which it operates; (iii) the outcome of its negotiations with the Cayman government regarding a new retail license agreement; (iv) the collection of its delinquent accounts receivable in the Bahamas; (v) the possible adverse impact of the COVID-19 virus on the company’s business; and (vi) various other risks, as detailed in the company's periodic report filings with the Securities and Exchange Commission (“SEC”). For more information about risks and uncertainties associated with the company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the company’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting the company’s Secretary at the company’s executive offices or at the “Investors – SEC Filings” page of the company’s website at http://ir.cwco.com/docs. Except as otherwise required by law, the company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
David W. Sasnett
Executive Vice President and CFO
Tel (954) 509-8200
Investor Relations Contact
Ron Both or Grant Stude
Tel (949) 432-7566
Tel (949) 432-7572