Paxys, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
June 29, 2020 at 05:48 am IST
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Paxys, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was PHP 78.506 million compared to PHP 86.477 million a year ago. Net income was PHP 24.282 million compared to PHP 14.087 million a year ago. Basic earnings per share was PHP 0.03 compared to PHP 0.018 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 through two segments, namely Outsourcing and Others. The Outsourcing segment includes primarily facilities management. The Others segment includes the operations of the parent company.