Quality Houses Leasehold Property Fund Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
August 14, 2018 at 06:07 am EDT
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Quality Houses Leasehold Property Fund reported unaudited earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported Net profit of THB 200,849,000 against THB 191,378,000 a year ago. EPS was THB 0.252 against THB 0.2401 a year ago. Total income was THB 299,349,000 against THB 290,895,000 a year ago. Net investment income was THB 200,871,000 against THB 191,313,000 a year ago.
For the six months, the company reported Net profit of THB 406,695,000 against THB 382,917,000 a year ago. EPS was THB 0.5103 against THB 0.4804 a year ago. Total income was THB 596,772,000 against THB 580,892,000 a year ago. Net investment income was THB 406,734,000 against THB 382,859,000 a year ago. Net cash flows from operating activities was THB 199,590,000 against THB 323,609,000 a year ago. Net asset value per unit was THB 11.4738.
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 
