Land and Houses Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:44 am
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Land and Houses Public Company Limited announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was THB 7,794.026 million compared to THB 8,152.625 million a year ago. Net income was THB 2,201.394 million compared to THB 2,313.881 million a year ago. Basic earnings per share was THB 0.18 compared to THB 0.19 a year ago. For the nine months, total revenue was THB 22,781.295 million compared to THB 27,295.686 million a year ago. Net income was THB 5,879.578 million compared to THB 8,204.181 million a year ago. Basic earnings per share was THB 0.49 compared to THB 0.69 a year ago.
Land and Houses Public Company Limited is a Thailand-based company, which is principally engaged in property development. The Company operates through two segments: Real estate business, and Rental and service business. Real estate business segment consists of houses, townhouses and residence condominium projects for sale. Rental and service business segment consists of shopping mall, apartment for rent, hotel and project management. The principal business of the Company is residential housing development, concentrating particularly on single detached houses. The Companyâs developed area include the Greater Bangkok and its vicinities, and in other cities in Thailand, including Chiang Mai, Chiang Rai, Khon Kaen, Nakhonratchasima, Udonthani, HuaHin, Phuket, Mahasarakham and Ayuthaya. Its projects include inizio Suksawat-Prachauthit, inizio bangna, 074-CHAIYAPRUEK Chiang Mai, 107-CHONLADA Chiang Mai, 203-NANTAWAN Serene Lake-Chiang Ma, 229- siwalee Sankamphang-Chiang Mai and other.