Quality Houses Leasehold Property Fund Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 06:40 am EDT
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Quality Houses Leasehold Property Fund announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was THB 314.774 million compared to THB 299.349 million a year ago. Net income was THB 218.350 million compared to THB 200.849 million a year ago. For the half year, total revenue was THB 622.948 million compared to THB 596.772 million a year ago. Net income was THB 436.464 million compared to THB 406.695 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 
