Quality Houses Leasehold Property Fund Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 05:14 am EST
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Quality Houses Leasehold Property Fund announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was THB 1,183.731 million compared to THB 1,250.772 million a year ago. Net income was THB 750.753 million compared to THB 897.484 million a year ago. Basic earnings per share from continuing operations was THB 0.94 compared to THB 1.13 a year ago.
Quality Houses Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund and a specific property fund. The primary objective of the Fundâs capital management is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the Fundâs establishment objective. The Fund operates through a single segment, namely the rental of immovable properties. Its portfolio includes the Q House Ploenjit Building, Q House Lumpini Building, and Wave Place Building. The Fund is managed by Land and Houses Fund Management Company Limited (the Management Company), and its trustee is Kasikorn Bank Public Company Limited. The property managers of the Fund are Q.H. International Company Limited, which manages Q. House Lumpini project, and Quality Houses Public Company Limited, which manages Q. House Ploenchit project and Wave Place project.
QUALITY HOUSES LEASEHOLD PROPERTY FUND 
