Paxys, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 07:24 pm EDT
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Paxys, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net loss was PHP 8.514 million compared to PHP 5.622 million a year ago. Basic loss per share from continuing operations was PHP 0.011 compared to PHP 0.007 a year ago. For the half year, net loss was PHP 10.908 million compared to PHP 10.404 million a year ago. Basic loss per share from continuing operations was PHP 0.014 compared to PHP 0.013 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.