Reliant Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 03:44 pm IST
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Reliant Holdings, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 333,671 compared to USD 359,128 a year ago. Operating loss was USD 46,629 compared to USD 1,451 a year ago. Net loss was USD 47,052 compared to USD 1,555 a year ago. For the half year, sales was USD 825,978 compared to USD 718,341 a year ago. Operating loss was USD 378,370 compared to operating income of USD 5,005 a year ago. Net loss was USD 378,890 compared to net income of USD 4,785 a year ago. Basic loss per share from continuing operations was USD 0.03.
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.
RELIANT HOLDINGS, INC. 
