Connecticut Water Service Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net income of $1.901 million or $0.22 per basic and diluted share on total revenues of $20.224 million compared to net income of $2.259 million or $0.26 per basic and diluted share on total revenues of $17.490 million a year ago. Book value per share was $13.47 compared to $13.09 a year ago. The increase in revenues for the Water Activities Segment was largely attributable to the acquisition of Maine Water. The company expects net income for the fiscal year 2012 will increase over 2011 levels due primarily to the addition of Maine Water and the expected completion of an open space land sale to the Town of Plymouth, Connecticut.