Clearford Water Systems Inc. announced unaudited consolidated financial results for the quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of CAD 1,632,545 against CAD 972,731 for the same period a year ago. Operating loss before net financing costs was CAD 1,343,200 against CAD 520,580 for the same period a year ago. Net loss for the year was CAD 2,658,757 or CAD 0.02 per share against CAD 1,344,555 or CAD 0.02 per share for the same period a year ago. The revenue increase related primarily to Clearford Waterworks, the operations and maintenance division acquired in November 2017 as part of the Koester Canada Inc. acquisition. Included in the operating and net loss for the three and six-months periods were unrealized foreign exchange losses of approximately CAD 5,700 and CAD 656,331 compared to unrealized foreign exchange gains in the prior year's three and six-months periods of CAD 166,075 and CAD 218,654 respectively. For the six months, the company reported revenue of CAD 3,301,426 against CAD 1,809,499 for the same period a year ago. Operating loss was CAD 3,120,146 against CAD 1,162,682 for the same period a year ago. Net loss for the year was CAD 5,373,249 or CAD 0.05 per share against CAD 2,728,362 or CAD 0.03 per share for the same period a year ago.