NEWARK, Del. (AP) _ Artesian Resources Corp. (ARTNA) on Wednesday reported second-quarter earnings of $4.5 million.

The Newark, Delaware-based company said it had profit of 48 cents per share.

The water resource management company posted revenue of $22.6 million in the period.

Artesian Resources shares have climbed 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.69, a climb of 11% in the last 12 months.

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