Gulf West Security Network, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 23, 2022 at 01:21 am IST
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Gulf West Security Network, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 0.085349 million compared to USD 0.066446 million a year ago. Basic loss per share from continuing operations was USD 4.33 compared to USD 4.27 a year ago.
For the six months, net loss was USD 0.063433 million compared to USD 0.205029 million a year ago. Basic loss per share from continuing operations was USD 6.16 compared to USD 9.12 a year ago.
Gulf West Security Network, Inc., is engaged in providing residential and commercial electronic security, home automation, and systems integration services on both a retail and wholesale basis. The Companyâs retail division, which includes its wholly owned subsidiary LJR Security Services, Inc., is engaged in the hands-on design, engineering, sales, installation, after-market servicing, inspection, and remote electronic monitoring of home burglar, fire, and medical alarm systems, as well as fully integrated business security and automation systems. Its wholesale division, which operates under the name Gulf West Security Network, is engaged in the development and expansion of a coalition of independently branded life safety and property protection providers, fire alert and suppression system installers, electronic remote monitoring and video surveillance specialists, smart home designers, commercial systems integrators, structured wiring professionals, and electrical contractors.