Euro Tech Holdings (NASDAQ:CLWT) reported unaudited results for the six months ended June 30, 2025, showing a decline in revenue and a return to net loss, reflecting challenges in U.S.–China trade relations.
The company, which trades on the Nasdaq under the ticker CLWT, said revenue for the first half of 2025 totaled $5.9 million, down 18.9% compared to the same period last year.
Gross profit also fell to $1.7 million, a decrease of 5.2%, but the company achieved an increase in gross margin, which rose to 28.8% from 24.6% in 1H 2024.
Euro Tech reported a net loss attributable to shareholders of $127,000, a reversal from net income of $44,000 in the first half of 2024.
The company’s cash and cash equivalents stood at $4.5 million as of June 30, 2025.
Management attributed the revenue decline to reduced sales from U.S.–China trading, which were impacted by tariffs.
However, the company noted progress in securing engineering orders and purchase agreements from Mongolia, Norway, and Dubai, which could offset some of the challenges in its core markets.