Future Park Leasehold Property Fund Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 05:20 am EST
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Future Park Leasehold Property Fund reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was THB 241.42 million compared to THB 200.49 million a year ago. Revenue was THB 245.36 million compared to THB 201.77 million a year ago. Net income was THB 110.93 million compared to THB 126.12 million a year ago.
For the nine months, sales was THB 708.53 million compared to THB 547.67 million a year ago. Revenue was THB 718.81 million compared to THB 551.01 million a year ago. Net income was THB 325.26 million compared to THB 515.23 million a year ago.
Future Park Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund. The Fundâs stated objective is to seek funds from investors, invest mostly in property or property leasehold rights, and generate benefit from such property. The Fund invests in the leasehold rights of certain areas of Future Park Rangsit shopping center, comprising of shops and all common areas in the shopping center including outside areas. Its investment portfolio is Future Park Rangsit, which is a lifestyle shopping mall in Northern Bangkok. The mall consists of two department stores, including Central Department Store and Robinson Department Store and one supercenter, Big C Supercenter. The mall also includes Major Cineplex, a kid theater; two branches of Power Buy; two branches of Super Sport; two branches of B2S; FITTNES FIRST; and TOPS SUPERMARKET. The Fundâs manager is BBL Asset Management Company Limited. Rangsit Plaza Company Limited acts as the Property Manager.
FUTURE PARK LEASEHOLD PROPERTY FUND 
