Paxys, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 07:17 pm EST
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Paxys, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net loss was PHP 7.634 million compared to net income of PHP 9.944 million a year ago. Basic loss per share from continuing operations was PHP 0.01 compared to basic earnings per share from continuing operations of PHP 0.01 a year ago. For the nine months, net loss was PHP 18.038 million compared to net income of PHP 22.576 million a year ago. Basic loss per share from continuing operations was PHP 0.02 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 in United States, United Kingdom, Australia, and Canada.