Jackstones, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 05:44 am
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Jackstones, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 20.72 million compared to PHP 15.36 million a year ago. Net income was PHP 2.5 million compared to net loss of PHP 0.027514 million a year ago. Basic earnings per share from continuing operations was PHP 0.0141 compared to basic loss per share from continuing operations of PHP 0.0001 a year ago.
For the nine months, sales was PHP 59.21 million compared to PHP 23.53 million a year ago. Net income was PHP 0.648532 million compared to net loss of PHP 1.36 million a year ago. Basic earnings per share from continuing operations was PHP 0.0072 compared to basic loss per share from continuing operations of PHP 0.0054 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.