York Water Company reported an increase in operating revenues and net income for the second quarter of 2021. Operating revenues reached $13,801,000, an increase of $481,000, and net income was $4,484,000, an increase of $302,000, compared to the second quarter of 2020. Earnings per share increased to $0.35.
Operating revenues increased by $481,000 compared to Q2 2020.
Net income increased by $302,000 compared to Q2 2020.
Basic and diluted earnings per share increased by $0.03 compared to Q2 2020.
Revenue growth was primarily driven by an increase in the customer base and higher billing and revenue collection services.
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