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York Water Q2 net income, revenues increase YOY

The York Water Co. on Aug. 2 reported net income of $3.7 million, or 28 cents per share, in the 2019 second quarter, an increase from $3.3 million, or 26 cents per share, in the prior-year period.

Operating revenues totaled $13.0 million in the most recent quarter, up from $12.0 million in the comparable 2018 quarter.

The company attributed the higher revenues to an increase in rates, starting March 1.