Future Park Leasehold Property Fund Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 11:10 am
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Future Park Leasehold Property Fund announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was THB 51.145 million compared to THB 265.190 million a year ago. Net income was THB 15.636 million compared to THB 202.279 million a year ago. For the half year, total revenue was THB 262.445 million compared to THB 528.522 million a year ago. Net loss was THB 62.757 million compared to net income of THB 372.431 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 
