Breaking News

Tweet TWEET

Connecticut Water First-Quarter Profit Climbs 14% as Sales Rise

Connecticut Water Service Inc., New England’s largest publicly traded water company, reported first-quarter profit climbed about 14 percent on higher revenue.

Net income increased to $3 million from $2.6 million in the year-earlier period as sales grew 2.4 percent to $22 million, the Clinton, Connecticut-based utility said today in a statement. The utility supplies drinking water to about 400,000 people throughout Connecticut and Maine.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editors responsible for this story: Randall Hackley at rhackley@bloomberg.net Will Wade

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.