York Water Co (YORW) 2017年年度报告「NASDAQ」.pdf

1、2017 Annual ReportU i f!Z p s l!X b u f s!D p n q b o zforOverYears Partnering with Our Community200The York Water Company has been a partner with the parks since the very beginning.In 1912,York Water began planting over one million trees around Lake Williams.Then in1967,Lake Redman was constructed

2、and completed in 1968.In 1976,York Water entered into a long-term agreement that opened up the 1,600 acre forest and lakes for the use of all residents and visitors.1968-20185othAnniversary of York County ParksLake Redman and Lake Williams Photos:Jon Bilous,Noir Gallery Q b h f!2U i f!Z p s l!X b u

3、f s!D p n q b o z2017 Annual ReportFifty Years Ago,The York Water Company completed a monumental improvement for our customers.TheConstruction of Lake Redmanin 1967 added over one billion gallons of water storage for a growing community.This planning and foresight ensured that our community would th

4、rive,even in severe droughts,for many generations to come.At the same time,the York County Parks Department was organized and eventually grew to 11 parks covering over 4,500 acres.The centerpiece of this public park system isOver 1,600 acres of York Water Propertysurrounding Lake Redman and Lake Wil

5、liams.1967-68turned out to beA Transformative Yearfor the York Community with two milestones that will continue to benefit residents for many generations to come.Dear Shareholders,Welcome to the Annual Report forAmericas Oldest Public Company!I am pleased to report that 2017 continued our unsurpasse

6、d record of 202years of service to our community.Dividends and Shareholder Value:An American Record!Operating revenues grew by 2.1%to$48.59 million in 2017.Operating incomedecreased 1.8%to$22.47 million.Our net income increased by 9.5%to$12.97million in 2017.Earnings per share increased 9.8%to$1.01.