York Water Co (YORW) Tops Q4 EPS by 4c
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March 8, 2016 9:43 AM EST
YORK, Pa., March 08, 2016 (GLOBE NEWSWIRE) -- The York Water Companys (NASDAQ: YORW) President, Jeffrey R. Hines, announced today the Companys 2015 and fourth quarter earnings.
President Hines reported that annual operating revenues for 2015 increased $1,189,000, and that net income increased $1,005,000 when compared to 2014. Higher operating revenues were primarily due to:  increased water and wastewater rates, as approved by the Pennsylvania Public Utility Commission effective February 28, 2014; growth in the customer base, mainly due to acquisitions; and an emergency interconnection with a neighboring municipality to provide water. The higher revenues combined with lower... More
