Quality Houses Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 12:50 pm
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Quality Houses Public Company Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 303.62 million compared to THB 224.81 million a year ago. Revenue was THB 2,499.57 million compared to THB 2,257.6 million a year ago. Net income was THB 669.41 million compared to THB 515.23 million a year ago. Basic earnings per share from continuing operations was THB 0.06 compared to THB 0.05 a year ago.
For the six months, sales was THB 616.68 million compared to THB 400.75 million a year ago. Revenue was THB 4,465.04 million compared to THB 4,399.32 million a year ago. Net income was THB 1,261.82 million compared to THB 1,100.03 million a year ago. Basic earnings per share from continuing operations was THB 0.12 compared to THB 0.1 a year ago.
Quality Houses Public Company Limited is a Thailand-based company, which is principally engaged in property development. The Company operates through four segments: real estate business, hotel business, rental business, and other. The real estate business segment consists of sales of land and houses and condominium units. The hotel business segment relates to the service of residential buildings. The rental business segment relates to the rental of office buildings. The others segment consists of providing management services for buildings and investing in businesses. Its projects are carried out under the brand names Q District, Prukpirom, and Laddarom. The Companyâs subsidiaries include Casa Ville Co., Ltd., Q.H. International Co., Ltd., Property Host Co., Ltd., The Confidence Co., Ltd., Q.H. Management Co., Ltd., Casa Ville (Rayong 2553) Co., Ltd., Casa Ville (Petchburi 2553) Co., Ltd., and Centre Point Hospitality Co., Ltd.