Future Park Leasehold Property Fund Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 10:11 am
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Future Park Leasehold Property Fund announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was THB 268.938 million compared to THB 262.178 million a year ago. Net income was THB 200.024 million compared to THB 205.692 million a year ago. For the nine months, total revenue was THB 797.460 million compared to THB 763.602 million a year ago. Net income was THB 572.455 million compared to THB 558.103 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 
