Paxys, Inc. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2018
April 12, 2019 at 03:33 am EDT
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Paxys, Inc. announced audited consolidated earnings results for the year ended December 31, 2018. For the year, the company reported revenue of PHP 86,477,000 against PHP 79,205,000 a year ago. Net income was PHP 14,087,000 or PHP 0.018 per basic and diluted share against PHP 1,954,000 or PHP 0.002 per basic and diluted share a year ago. Loss from operations was PHP 80,621,000 against PHP 73,142,000 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 in United States, United Kingdom, Australia, and Canada.