Jackstones, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 02:39 am EDT
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Jackstones, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 24.46 million compared to PHP 4.1 million a year ago. Net loss was PHP 0.948554 million compared to net income of PHP 0.026953 million a year ago. Basic loss per share from continuing operations was PHP 0.0037 compared to basic earnings per share from continuing operations of PHP 0.0001 a year ago.
For the six months, sales was PHP 38.49 million compared to PHP 8.16 million a year ago. Net loss was PHP 1.86 million compared to PHP 1.33 million a year ago. Basic loss per share from continuing operations was PHP 0.0074 compared to PHP 0.0053 a year ago.
Jackstones, Inc. is a Philippines-based holding company. The Company is engaged in projects, property ventures, businesses and assets primarily in the ASEAN region and neighboring Asian countries without industry-specific limitations. The Companyâs wholly owned subsidiary, Jackstones Properties, Inc., purchases, acquires, owns, holds, uses and disposes real property.