NEWARK, Del. (AP) _ Artesian Resources Corp. (ARTNA) on Wednesday reported fourth-quarter earnings of $3.1 million.

On a per-share basis, the Newark, Delaware-based company said it had profit of 33 cents.

The water resource management company posted revenue of $21.8 million in the period.

For the year, the company reported profit of $16.8 million, or $1.79 per share. Revenue was reported as $88.1 million.

Artesian Resources shares have risen 8.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $40.25, a climb of 13% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA

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