Quality Houses Leasehold Property Fund Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 06:34 am EST
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Quality Houses Leasehold Property Fund announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was THB 315.077 million compared to THB 305.145 million a year ago. Net income was THB 223.921 million compared to THB 204.378 million a year ago. Basic earnings per share was THB 0.28 compared to THB 0.26 a year ago. For the nine months, total revenue was THB 938.025 million compared to THB 901.917 million a year ago. Net income was THB 660.385 million compared to THB 611.073 million a year ago. Basic earnings per share was THB 0.83 compared to THB 0.77 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 
