Paxys, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:31 am EDT
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Paxys, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was PHP 32.85 million compared to PHP 7.23 million a year ago. Basic earnings per share from continuing operations was PHP 0.041 compared to PHP 0.009 a year ago.
For the six months, net income was PHP 50.06 million compared to PHP 6.32 million a year ago. Basic earnings per share from continuing operations was PHP 0.062 compared to PHP 0.008 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.