Friday August 8, 10:05 am ET YORK, PA--(MARKET WIRE)--Aug 8, 2008 -- The York Water Company's (NasdaqGS:YORW - News ) President, Jeffrey R. Hines, announced today the Company's financial results for the second quarter and the first six months of 2008. President Hines reported that second quarter operating revenues of $7,862,000 decreased 1.3% from the second quarter of 2007, net income of $1,520,000 decreased 8.5% compared to the second quarter of 2007 and earnings per share for the three-month period declined by $0.02. President Hines also reported that first six months' operating revenues of $15,368,000 increased 0.1% over the first six months of 2007, and that the first six months' net income of $2,726,000 decreased 8.7% compared to the first six months of 2007. The primary reason for the increase in revenues was growth in...
[read full story]