Connecticut Water Service Inc. (CTWS), the largest publicly traded water provider in the U.S. Northeast, today reported second-quarter profit rose 3.6 percent to $4.3 million. Revenue was almost unchanged from a year earlier.
Shares of the Clinton, Connecticut-based company that supplies drinking water to about 400,000 people have declined 4.6 percent the past year compared with a 13 percent gain by the biggest water company in the U.S., American Water Works Co.
To contact the reporter on this story: Randall Hackley in London at firstname.lastname@example.org
To contact the editor responsible for this story: Randall Hackley at email@example.com