Cleantech Solutions (CLNT) Reports Q1 EPS of $0.32

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Cleantech Solutions International Reports First Quarter 2015 Results

May 15, 2015 4:30 PM EDT

WUXI, China, May 15, 2015 /PRNewswire/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT), a manufacturer of metal components and assemblies used in various clean technology and manufacturing industries and textile dyeing and finishing machines, and, since the first quarter of 2015, the petroleum and chemical industries, today announced its financial results for the three months ended March 31, 2015.

"In the first quarter of 2015, credit conditions in China adversely impacted the ability of some of our dyeing equipment customers to make timely payments. In order to reduce our business risk,... More