Pinthong Industrial Park Property Fund Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 06:52 am EST
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Pinthong Industrial Park Property Fund reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was THB 49.39 million compared to THB 50.91 million a year ago. Revenue was THB 49.51 million compared to THB 51.02 million a year ago. Net income was THB 43.34 million compared to THB 46.79 million a year ago.
For the nine months, sales was THB 150.39 million compared to THB 154.67 million a year ago. Revenue was THB 153.61 million compared to THB 154.89 million a year ago. Net income was THB 128.15 million compared to THB 131.32 million a year ago.
Pinthong Industrial Park Property Fund is a Thailand-based closed-end property fund. The Fundâs objectives are to raise funds from general investors and to use the proceeds from such fundraising to purchase, lease and/or sublease immovable properties. The Fund takes the transfers of the ownership and/or leasehold rights and/or sub-leasehold rights of the properties to seek benefits from those properties by way of letting, subletting, transferring and/or disposing of them. The Fund invests in properties in three industrial estates, including Pinthong Industrial Estate, Pinthong Industrial Estate (Laem Chabang) and Pinthong Industrial Estate (Project 3) and are located on Bypass-Laem Chabang Road, which is in the Sri Racha district, Chonburi province. The Fund is managed by SCB Asset Management Company Limited.
PINTHONG INDUSTRIAL PARK PROPERTY FUND 
