Cleantech Solutions (CLNT) Reports Q1 Loss of $0.21/Share

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Cleantech Solutions International Reports First Quarter 2016 Results

May 16, 2016 5:00 PM EDT

WUXI, China, May 16, 2016 /PRNewswire/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT), a manufacturer of textile dyeing and finishing machines as well as metal components and assemblies used in various clean technology and manufacturing industries and, since the first quarter of 2015, the petroleum and chemical industries, today announced its financial results for the three months ended March 31, 2016.

"In the first quarter of 2016, challenging economic conditions, falling steel prices, a continuous decline in oil prices and limited availability of credit in China presented numerous challenges for... More