LiqTech bets on China as profits plunge

By Davide Ghilotti
Published: Tuesday, 15 November 2016

Revenues and profits took a dive in LiqTech’s main markets on the back of weak sales for both particulate filters and membranes, as the silicon carbide processor takes aim at China to improve its depressed finances.

A downturn in sales of membranes and diesel particulate filters (DPFs) affected third-quarter financials at Danish filtration systems producer LiqTech International Inc., which saw double-digit declines in revenues and profit.

Total revenues in Q3 fell 46% to $3.7m while last year’s profit in Q3 ($621,409) turned into a loss of over...

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