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.