SINGAPORE, Sept. 20, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading carbon neutral, innovative enviro-tech company regenerating industrial waste into circular products, today announced its financial results for the six-month period ended June 30, 2024. First Half 2024 Highlights: First-Time Subsidiary Profitability: ESGL's operating subsidiary posted its first-ever profitable half-year, a significant milestone compared to the loss recorded in first half of 2023.Revenue Growth: Revenue for the first half of 2024 increased to US$3.49 million, a 2.8% improvement from the prior year, despite regulatory challenges and volatility in waste volu
Revenues increase by +23.5% to $6.2 million on higher waste volumes +4.8% gross margin expansion from 64.3% to 69.1% Company provides guidance for topline growth between +23% and +53% for 2024 SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a sustainable waste solutions provider whose mission is to upcycle industrial waste into circular products using innovative technologies and renewable energy, today reported its financial and operating results for the full year 2023. Financial Results Summary In 2023, revenue totaled $6.2 million, an increase of 23.5% compared to $5.0 million in 2022. Revenue was driven by higher was
SINGAPORE, May 06, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a sustainable waste solutions provider whose mission is to upcycle industrial waste into circular products using innovative technologies and renewable energy, today announced it will host a conference call to discuss full year 2023 results on Friday, May 10, 2024, at 8:00 a.m. EDT. The Company expects to report double-digit revenue growth for 2023, reflecting its significant expansion in capacity. Management plans to share its plans to achieve continued growth and improved profitability and cash generation in 2024 by leveraging existing capacity and traction with new products introdu
SINGAPORE, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading carbon-neutral, innovative enviro-tech company regenerating industrial waste into circular products, today announced that its Executive Director, Mr. Lawrence Beng Hui, Law, has recently acquired 1,126,000 ordinary shares of the Company. These transactions, consisting of privately negotiated block trades and open-market purchases, were executed at an approximate average price of US$1.88 per share. As a result of these acquisitions, Mr. Law's ownership stake in ESGL will increase from 1.3% to 4.1%. In response to his recent share acquisition, Mr. Law stated, "I have full
SINGAPORE, Sept. 20, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading carbon neutral, innovative enviro-tech company regenerating industrial waste into circular products, today announced its financial results for the six-month period ended June 30, 2024. First Half 2024 Highlights: First-Time Subsidiary Profitability: ESGL's operating subsidiary posted its first-ever profitable half-year, a significant milestone compared to the loss recorded in first half of 2023.Revenue Growth: Revenue for the first half of 2024 increased to US$3.49 million, a 2.8% improvement from the prior year, despite regulatory challenges and volatility in waste volu
SINGAPORE, Sept. 16, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL), a leading carbon neutral, innovative enviro-tech company regenerating industrial waste into circular products, and STMicroelectronics (ST), a global semiconductor leader serving customers across the spectrum of electronics applications, marked a significant milestone in their collaborative journey towards sustainability by creating the world's first sustainable brick forged with NEWSPAR, regenerated from Hydrofluoric wastewater sludge and Hydrofluoric Acid. Revolutionary Technology and Circular Innovation Leveraging its cutting-edge technology, ESGL has successfully regenerated ST's wastewater hydrofluoric
Revenues increase by +23.5% to $6.2 million on higher waste volumes +4.8% gross margin expansion from 64.3% to 69.1% Company provides guidance for topline growth between +23% and +53% for 2024 SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a sustainable waste solutions provider whose mission is to upcycle industrial waste into circular products using innovative technologies and renewable energy, today reported its financial and operating results for the full year 2023. Financial Results Summary In 2023, revenue totaled $6.2 million, an increase of 23.5% compared to $5.0 million in 2022. Revenue was driven by higher was
SINGAPORE, May 06, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a sustainable waste solutions provider whose mission is to upcycle industrial waste into circular products using innovative technologies and renewable energy, today announced it will host a conference call to discuss full year 2023 results on Friday, May 10, 2024, at 8:00 a.m. EDT. The Company expects to report double-digit revenue growth for 2023, reflecting its significant expansion in capacity. Management plans to share its plans to achieve continued growth and improved profitability and cash generation in 2024 by leveraging existing capacity and traction with new products introdu
SINGAPORE, Jan. 23, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading innovative enviro-tech company manufacturing circular products, announces the successful conclusion of a multi-year agreement with Sentosa Clay Products Sdn Bhd ("SCP") to co-produce sustainable bricks for the building industry. The landmark agreement between ESGL and SCP will see the production of sustainable building materials using the circular product, NEWSPAR. NEWSPAR is a proprietary product from ESGL that provides both practical and environmental benefits. The contractual commitment extends through December 31, 2025. "SCP's collaborative R&D efforts with ESGL over
SINGAPORE, Jan. 11, 2024 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading carbon-neutral, innovative enviro-tech company regenerating industrial waste into circular products, proudly announces the establishment of its subsidiary, ESG Chemicals Sdn Bhd, a Malaysian trading company. This initiative is integral to ESGL's vision for a sustainable future and marks a significant step in the Company's expansion into the ASEAN region. ESG Chemicals Sdn Bhd will operate as a wholly-owned subsidiary of ESGL Holdings Limited, expanding the Company's geographic reach in advancing circular economy solutions beyond Singapore. ESG Chemicals Sdn Bhd's primary
SINGAPORE, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Environmental Solutions Group Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading carbon neutral, innovative enviro-tech company regenerating industrial waste into circular products, today announced a multi-year contract renewal with Singapore Refining Company Private Limited ("SRC"). On November 15, 2023, Environmental Solutions (Asia) Pte Ltd, a wholly owned subsidiary of ESGL, renewed its Used Catalyst Disposal Contract with SRC. Under the contract, ESGL will continue to provide used catalyst waste disposal services to SRC through December 31, 2025. In response to the contract renewal, Mr. Quek stated, "SRC is an important c
SINGAPORE, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Environmental Solutions Group Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a leading carbon neutral innovative enviro-tech company regenerating industrial waste into circular products, today announced that its Chairman and Chief Executive Officer, Mr. Leng Chuang, Quek, has recently acquired 191,348 ordinary shares of the Company. These transactions, consisting of negotiated private block trades, were executed at an average price of US$0.50 per share. As a result of these acquisitions, Mr. Quek's ownership stake in ESGL will increase from 29.8% to 31.31%. Notably, these share purchases were not part of a pre-arranged trade plan o
SINGAPORE, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Environmental Solutions Group Holdings Limited (NASDAQ:ESGL) ("ESGL" or the "Company"), a sustainable waste solutions provider whose mission is to recycle industrial waste into circular products using innovative technologies and renewable energy, today announced that the Company received notification letters dated October 24, 2023, from the Listings Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that (i) the minimum bid price per share was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing
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