Paxys, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 18, 2021 at 10:25 pm EDT
Share
Paxys, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net loss was PHP 25.925 million compared to net income of PHP 24.282 million a year ago. Basic loss per share from continuing operations was PHP 0.032 compared to basic earnings per share from continuing operations of PHP 0.03 a year ago.
Paxys Inc. is a Philippines-based investment holding company. The Company operates through its subsidiary, Scopeworks Asia, Inc. (SWA), which is an export-oriented business process outsourcing company. SWA provides outsourcing services, including data transcription services, customer service, facilities and support services, and back-office services to domestic and foreign institutions, as well as to multinational companies based in the Philippines and abroad. The Company operates through two segments, namely Outsourcing and Others. The Outsourcing segment includes primarily facilities management. The Others segment includes the operations of the parent company.