Reliant Holdings, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 04:16 pm
Share
Reliant Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 807,463 compared to USD 333,671 a year ago. Operating income was USD 90,713 compared to operating loss of USD 46,629 a year ago. Net income was USD 142,206 compared to net loss of USD 47,052 a year ago. Basic earnings per share from continuing operations was USD 0.01. For the half year, sales was USD 1.390 million compared to USD 825,978 a year ago. Operating loss was USD 314,576 compared to USD 378,370 a year ago. Net loss was USD 263,486 compared to USD 378,890 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.03 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.