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Connecticut Water Posts Earnings
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Business New Haven
3/6/2000
By: Kristine Hansen
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CLINTON - Connecticut Water Service Inc. (NASDAQ: CTWS) announced operating revenues of $42.6 million for the year ended December 31, 1999 compared to $40.3 million for the 1998 year. Net income was reported at $7.5 million ($1.54 per hare) compared to $7.1 million ($1.48 per share). The company cited the hot 1999 summer for the increase in revenues due to increased water usage by customers.
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