The York Water Company

ACNB Corporation Announces Election of Alexandra Chiaruttini to Board of Directors

Retrieved on: 
Thursday, May 9, 2024

GETTYSBURG, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) is pleased to announce the election of Alexandra Chiaruttini to its Boards of Directors, effective at the Annual Meeting of Shareholders on May 7, 2024.

Key Points: 
  • GETTYSBURG, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) is pleased to announce the election of Alexandra Chiaruttini to its Boards of Directors, effective at the Annual Meeting of Shareholders on May 7, 2024.
  • Ms. Chiaruttini was also appointed to serve on the Board of Directors of ACNB Corporation’s banking subsidiary, ACNB Bank.
  • “We are very excited to welcome Alexandra to the Board of Directors,” stated ACNB Corporation Chairman of the Board, Alan Stock.
  • Ms. Chiaruttini expressed enthusiasm about joining the Board, stating, “I am incredibly honored to join the ACNB Board of Directors.

York Water Company Reports 3rd Quarter And Nine Months Earnings

Retrieved on: 
Friday, November 3, 2023

YORK, Pa., Nov. 03, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2023.

Key Points: 
  • YORK, Pa., Nov. 03, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2023.
  • President Hand reported that third quarter operating revenues of $18,767,000 increased $2,956,000 and net income of $7,568,000 increased $1,887,000 compared to the third quarter of 2022.
  • Basic and Diluted Earnings per share of $0.53 for the three-month period increased $0.13 compared to the same period last year.
  • In October 2023, the Company invested $566,000 in the acquisition of the Conewago Industrial Park Water and Sewer Company water assets and wastewater collection and treatment assets.

York Water Company Reports 2nd Quarter and Six Months Earnings

Retrieved on: 
Thursday, August 3, 2023

YORK, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2023.

Key Points: 
  • YORK, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2023.
  • President Hand reported that second quarter operating revenues of $18,767,000 increased $3,868,000 and net income of $6,524,000 increased $1,495,000 compared to the second quarter of 2022.
  • Basic and Diluted Earnings per share of $0.45 for the three-month period increased $0.09 compared to the same period last year.
  • The DSIC is a Pennsylvania Public Utility Commission allowed charge that water utilities collect from customers for the replacement of aging infrastructure.

The York Water Company Reports Three Months Earnings

Retrieved on: 
Tuesday, May 2, 2023

YORK, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2023.

Key Points: 
  • YORK, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2023.
  • Net income of $3,653,000 decreased $206,000 over the same period last year.
  • Basic and Diluted Earnings per share of $0.26 for the three-month period decreased $0.03 compared to the same period last year.
  • The DSIC is a Pennsylvania Public Utility Commission allowed charge that water utilities collect from customers for the replacement of aging infrastructure.

The York Water Company Reports 2022 Annual And Fourth Quarter Results

Retrieved on: 
Tuesday, March 7, 2023

YORK, Pa., March 07, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2022 financial results.

Key Points: 
  • YORK, Pa., March 07, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2022 financial results.
  • President Hand reported that 2022 operating revenues of $60,061,000 increased $4,942,000 and net income of $19,580,000 increased $2,596,000 compared to 2021.
  • President Hand also reported that for the fourth quarter of 2022 operating revenues increased $1,377,000 and net income increased $1,010,000 compared to the fourth quarter of 2021.
  • Basic and Diluted Earnings per share of $0.35 for the fourth quarter of 2022 increased $0.04 compared to the same period last year.

The York Water Company Announces Settlement of Rate Case

Retrieved on: 
Thursday, January 12, 2023

YORK, Pa., Jan. 12, 2023 (GLOBE NEWSWIRE) -- JT Hand, President and CEO of The York Water Company (Nasdaq: YORW) announced today that the Pennsylvania Public Utility Commission (PPUC) approved a joint settlement agreement at its January 12, 2023, public meeting, allowing an increase in base rates for water and wastewater customers of The York Water Company.

Key Points: 
  • YORK, Pa., Jan. 12, 2023 (GLOBE NEWSWIRE) -- JT Hand, President and CEO of The York Water Company (Nasdaq: YORW) announced today that the Pennsylvania Public Utility Commission (PPUC) approved a joint settlement agreement at its January 12, 2023, public meeting, allowing an increase in base rates for water and wastewater customers of The York Water Company.
  • The approved rates provide for cost recovery for York Water and an expanded customer assistance program while maintaining affordability for customers.
  • The new rates approved by the PPUC affect approximately 75,000 water and wastewater customers throughout York, Adams, and Franklin Counties, Pennsylvania.
  • Even with the approved increases, York Water remains one of the lowest cost providers and most efficient water and wastewater utilities in the nation.

York Water Company Reports 3rd Quarter and Nine Months Earnings

Retrieved on: 
Thursday, November 3, 2022

YORK, Pa., Nov. 03, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2022.

Key Points: 
  • YORK, Pa., Nov. 03, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2022.
  • President Hand reported that third quarter operating revenues of $15,811,000 increased $1,308,000 and net income of $5,681,000 increased $887,000 compared to the third quarter of 2021.
  • Basic and Diluted Earnings per share of $0.40 for the three-month period increased $0.04 compared to the same period last year.
  • The DSIC is a Pennsylvania Public Utility Commission allowed charge that water utilities collect from customers for the replacement of aging infrastructure.

York Water Company Reports 2nd Quarter and Six Months Earnings

Retrieved on: 
Thursday, August 4, 2022

YORK, Pa., Aug. 04, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2022.

Key Points: 
  • YORK, Pa., Aug. 04, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2022.
  • President Hand reported that second quarter operating revenues of $14,899,000 increased $1,098,000 and net income of $5,029,000 increased $545,000 compared to the second quarter of 2021.
  • Basic and Diluted Earnings per share of $0.36 for the three-month period increased $0.01 compared to the same period last year.
  • Basic and Diluted Earnings per share of $0.65 for the six-month period increased $0.02 compared to the same period last year.

York Water Company Files for Rate Increase

Retrieved on: 
Friday, May 27, 2022

YORK, Pa., May 27, 2022 (GLOBE NEWSWIRE) -- The York Water Company (NASDAQ:YORW) on May 27, 2022 asked the Pennsylvania Public Utility Commission (PUC) for a general increase in base rates.

Key Points: 
  • YORK, Pa., May 27, 2022 (GLOBE NEWSWIRE) -- The York Water Company (NASDAQ:YORW) on May 27, 2022 asked the Pennsylvania Public Utility Commission (PUC) for a general increase in base rates.
  • JT Hand, President and CEO of York Water, said the Company is asking for an $18.8 million increase in annual water revenues, and a $1.5 million increase in annual wastewater revenues.
  • York Water remains one of the most efficient water and wastewater utilities in the nation, continuing to reduce or eliminate various expenses since its last rate case, including reduction in income taxes from the tax repair deductions.
  • The York Water Company is the oldest investor-owned water utility in the United States serving approximately 204,000 people in 51 municipalities in York, Adams, and Franklin Counties, South Central, Pennsylvania.

The York Water Company Reports Three Months Earnings

Retrieved on: 
Tuesday, May 3, 2022

YORK, Pa., May 03, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2022.

Key Points: 
  • YORK, Pa., May 03, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2022.
  • Basic and Diluted Earnings per share of $0.29 for the three-month period increased $0.01 compared to the same period last year.
  • The DSIC is a Pennsylvania Public Utility Commission allowed charge that water utilities collect from customers for the replacement of aging infrastructure.
  • During the first three months of 2022, the Company invested $7.5 million in capital projects for routine items and wastewater treatment plant construction as well as various replacements and improvements to infrastructure.