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Consolidated Water posts 4Q profit

GRAND CAYMAN, Cayman Islands (AP) _ Consolidated Water Co. (CWCO) on Thursday reported fourth-quarter profit of $1.6 million.

On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had profit of 11 cents.

The developer and operator of desalination plants posted revenue of $14.1 million in the period.

For the year, the company reported profit of $4 million, or 27 cents per share. Revenue was reported as $57.9 million.

Consolidated Water shares have declined nearly 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.55, a decline of slightly more than 8 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWCO at https://www.zacks.com/ap/CWCO

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Keywords: Consolidated Water, Earnings Report