Reliant Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:58 am IST
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Reliant Holdings, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 359,128 compared to USD 425,272 a year ago. Operating loss was USD 1,451 compared to operating Income of USD 43,598 a year ago. Net loss was USD 1,555 compared to net income of USD 43,426 a year ago. For the half year, sales was USD 718,341 compared to USD 654,786 a year ago. Operating income was USD 5,005 compared to USD 34,078 a year ago. Net income was USD 4,785 compared to USD 33,711 a year ago.
Reliant Holdings, Inc., through its subsidiary, Reliant Pools, Inc., is a custom, swimming pool construction company located in the greater Austin, Texas market. The Company focuses on assisting its customers with the design and construction of recreational pools which blend in with the surroundings. The Company offers a type of pools, which includes Freeform pool and Geometric pool. It offers Freeform pools with a combination of gentle curves, non-traditional shapes, natural rock, flagstone, natural rock and stone pavers, exposed aggregate, and stamped concrete. Geometric Pool designs often utilize sleek and straight lines. It offers a range of Pool projects based upon price and the desires of the client. The Company also provides its customers with a range of projects from the basic pool building to high-end projects that include waterfalls, mason work, backyard lighting and in-ground spas. Its in-ground pools include vinyl-lined, fiberglass, and gunite/shotcrete or concrete.