Future Park Leasehold Property Fund Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 15, 2023 at 06:16 am EDT
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Future Park Leasehold Property Fund reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 235.23 million compared to THB 174.05 million a year ago. Revenue was THB 239.27 million compared to THB 174.91 million a year ago. Net income was THB 56.12 million compared to THB 198.19 million a year ago.
For the six months, sales was THB 467.12 million compared to THB 347.18 million a year ago. Revenue was THB 473.46 million compared to THB 349.24 million a year ago. Net income was THB 214.33 million compared to THB 389.11 million a year ago.
Future Park Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund. The Fundâs stated objective is to seek funds from investors, invest mostly in property or property leasehold rights, and generate benefit from such property. The Fund invests in the leasehold rights of certain areas of Future Park Rangsit shopping center, comprising of shops and all common areas in the shopping center including outside areas. Its investment portfolio is Future Park Rangsit, which is a lifestyle shopping mall in Northern Bangkok. The mall consists of two department stores, including Central Department Store and Robinson Department Store and one supercenter, Big C Supercenter. The mall also includes Major Cineplex, a kid theater; two branches of Power Buy; two branches of Super Sport; two branches of B2S; FITTNES FIRST; and TOPS SUPERMARKET. The Fundâs manager is BBL Asset Management Company Limited. Rangsit Plaza Company Limited acts as the Property Manager.
FUTURE PARK LEASEHOLD PROPERTY FUND 