Quality Houses Leasehold Property Fund Reports Earnings Results for the First Quarter Ended March 31, 2022
May 17, 2022 at 06:31 am EDT
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Quality Houses Leasehold Property Fund reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was THB 267.53 million compared to THB 278.32 million a year ago. Revenue was THB 270.87 million compared to THB 281.41 million a year ago. Net income was THB 137.68 million compared to THB 155.1 million 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 
