Cal Water Announces 30% Increase in 3rd Quarter Earnings; Declares Dividend.

Business Wire (October 23, 2002)


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Headnotes:

Extract:

Cal Water Announces 30% Increase in 3rd Quarter Earnings; Declares Dividend.

Business Editors

SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 23, 2002

California Water Service Group (NYSE:CWT) today announced third quarter 2002 earnings of $0.50 per share on net income of $7,675,000 compared to earnings of $0.39 per share on net income of $5,920,000 in the third quarter of 2001.

For the twelve months ended September 30, 2002, earnings per share were $1.26 versus $1.00 for the twelve months ended September 30, 2001....



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