Euro Tech Holdings (CLWT) Ramps on Contract Award
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Shares of Euro Tech Holdings Company Limited (NASDAQ: CLWT) are ramping 31% in early action Friday following a promising contract win.
Euro Tech Holdings said its subsidiary, PACT Environmental Technology Company Ltd. has recently been awarded a contract worth about US$2.3 million by a German vehicle components manufacturer in Shenzhen, China. This contract covers design, supply, project management,civil construction, equipment installation, and commissioning of a 1,000 tons per day industrial wastewater treatment plant.
The entire market cap of the company is ~$11 million.
Euro Tech Holdings said its subsidiary, PACT Environmental Technology Company Ltd. has recently been awarded a contract worth about US$2.3 million by a German vehicle components manufacturer in Shenzhen, China. This contract covers design, supply, project management,civil construction, equipment installation, and commissioning of a 1,000 tons per day industrial wastewater treatment plant.
The entire market cap of the company is ~$11 million.
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