Siri Prime Office Property Fund Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2020
August 14, 2020 at 01:51 am EDT
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Siri Prime Office Property Fund reported consolidated earnings results for the second quarter and six months ended June 30, 2020. For the quarter, the company reported profit attributable to equity holders of the company of THB 5,235,000 compared to THB 33,603,000 a year ago. Earnings per share was THB 0.0308 compared to THB 0.1977 a year ago.
For the six months, the company reported loss attributable to equity holders of the company of THB 77,763,000 compared to profit of THB 33,603,000 a year ago. Loss per share was THB 0.4574 compared to earnings per share of THB 0.6421 a year ago.
Siri Prime Office Property Fund is a Thailand-based is a closed-end property fund. The Fund is principally engaged in the rental of immovable properties. The Fund's objective is to raise funds from general investors, both individuals and juristic persons, locally and internationally whereby the proceeds from such fundraising are used to purchase, lease and/or sub-lease immovable properties. The Fund shall also improve, modify, construct and/or develop immovable properties by taking the transfer of a construction permit and/or applying for other permits and/or executing any transactions necessary and advisable for immovable properties. The Fund's objective is to make an initial investment in Siripinyo Building, which is an office building for rent. SCB Asset Management Company Limited acts as the Company's Fund Manager.
SIRI PRIME OFFICE PROPERTY FUND 
