Paxys, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:25 am EST
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Paxys, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was PHP 38.48 million compared to PHP 16.61 million a year ago. Basic earnings per share from continuing operations was PHP 0.05 compared to PHP 0.03 a year ago.
For the nine months, net income was PHP 88.54 million compared to PHP 22.93 million a year ago. Basic earnings per share from continuing operations was PHP 0.11 compared to 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.