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Artesian Resources posts slight decrease in Q2 net income

Newark, Del.-based water services company Artesian Resources Corp. on Aug. 7 reported second-quarter 2019 net income of $3.8 million, or 41 cents per share, a drop from $3.9 million, or 42 cents per share, in the prior-year period.

Operating revenues grew year over year to $20.7 million from $20.2 million a year ago, while operating income also improved to $5.3 million from $5.2 million.