Jackstones, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 15, 2023 at 01:01 am
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Jackstones, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 8.72 million compared to PHP 24.46 million a year ago. Net income was PHP 1.51 million compared to net loss of PHP 0.948554 million a year ago. Basic earnings per share from continuing operations was PHP 0.006 compared to basic loss per share from continuing operations of PHP 0.0037 a year ago.
For the six months, sales was PHP 19.71 million compared to PHP 38.49 million a year ago. Net income was PHP 2.01 million compared to net loss of PHP 1.86 million a year ago. Basic earnings per share from continuing operations was PHP 0.008 compared to basic loss per share from continuing operations of PHP 0.0074 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.