Jackstones, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 03:45 am
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Jackstones, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was PHP 4.098 million. Operating income was PHP 313,465 compared to operating loss of PHP 1.444 million a year ago. Net income was PHP 26,953 compared to net loss of PHP 1.263 million a year ago. Basic earnings per share from continuing operations was PHP 0.0001 compared to basic loss per share from continuing operations of PHP 0.0051 a year ago. For the half year, sales was PHP 8.162 million. Operating loss was PHP 1.142 million compared to PHP 4.536 million a year ago. Net loss was PHP 1.331 million compared to PHP 3.722 million a year ago. Basic loss per share from continuing operations was PHP 0.0053 compared to PHP 0.0149 a year ago.
Jackstones, Inc. is a Philippines-based holding company. The Company is engaged in projects, property ventures, businesses and assets primarily in the ASEAN region and neighboring Asian countries without industry-specific limitations. The Companyâs wholly owned subsidiary, Jackstones Properties, Inc., purchases, acquires, owns, holds, uses and disposes real property.