Consolidated Water Co. Ltd. reported a 3% increase in total revenue to $33.6 million for the second quarter of 2025. Retail revenue rose by 6% to $8.6 million, while bulk revenue decreased by 2% to $8.3 million. The company’s net income from continuing operations was $5.2 million, or $0.32 per diluted share. Additionally, the company’s quarterly cash dividend increased by 27.3% to $0.14 per share for the third quarter of 2025. The company also completed the expansion of its West Bay seawater desalination plant and achieved a significant milestone in its Hawaii project.

The company’s revenue for the first half of 2025 decreased by 7% to $67.3 million compared to the same period last year. Retail revenue increased by 10% due to higher water sales volume, while bulk segment revenue declined. The company’s net income from continuing operations for the first half of 2025 was $10.1 million, or $0.63 per diluted share. The company’s fully diluted earnings per share from continuing operations increased by 23% compared to the same period in 2024.

Consolidated Water Co. Ltd. will hold a conference call tomorrow at 11:00 a.m. Eastern time to discuss the results. The call will be followed by a question-and-answer period. The company’s CEO, Rick McTaggart, highlighted the performance of all four business segments and emphasized the positive outlook for the manufacturing segment. The company’s unique manufacturing qualifications are expected to drive growth in the segment, especially in the nuclear power industry.

Read more at GlobeNewswire: Consolidated Water Reports Second Quarter 2025 Results