York Water Company Reports Q2 Revenue Increase to $19.2M, Net Income Rises to $5.05M, EPS Unchanged at $0.35

Reuters
Aug 12
York Water Company Reports <a href="https://laohu8.com/S/QTWO">Q2</a> Revenue Increase to $19.2M, Net Income Rises to $5.05M, EPS Unchanged at $0.35

The York Water Company has announced its financial results for the second quarter and the first six months of 2025. The company reported an increase in second quarter operating revenues, which rose to $19.199 million, up by $449,000 compared to the same period in 2024. Net income for the second quarter also saw a slight increase, reaching $5.052 million, an improvement of $59,000 from the previous year. Basic and diluted earnings per share remained steady at $0.35 for the quarter. For the first half of 2025, operating revenues were $37.655 million, showing growth from $36.378 million in the first half of 2024. However, net income for this period decreased to $8.690 million from $9.320 million in the previous year, leading to a decline in earnings per share from $0.65 to $0.60. The report highlighted that increased revenues were mainly due to growth in the customer base and revenues from the Distribution System Improvement Charge. Despite the rise in revenues, the company faced higher operation and maintenance expenses, depreciation, and interest on debt, contributing to the decrease in net income for the six-month period. The York Water Company invested $22.2 million in capital projects during the first six months to support main extensions, upgrade enterprise software, and improve infrastructure. The company plans to invest an additional $23.8 million in 2025 for further enhancements, including wastewater treatment plant construction and routine infrastructure improvements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The York Water Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9511042-en) on August 12, 2025, and is solely responsible for the information contained therein.

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