Artesian Resources Corp [ARTNA]

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Company Overview

Our profitability is primarily attributable to the sale of water.  Gross water sales comprised 85.7% of total operating revenues for the year ended December 31, 2021.  Our profitability is also attributed to the various contract operations, water, sewer and internal SLP Plans and other services we provide.  Water sales are subject to seasonal fluctuations, particularly during summer when water demand may vary with rainfall and temperature.