Land and Houses Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 11:31 am EST
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Land and Houses Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was THB 353.61 million compared to THB 487.98 million a year ago. Revenue was THB 7,552.93 million compared to THB 8,632.25 million a year ago. Net income was THB 1,307.61 million compared to THB 2,049.09 million a year ago. Basic earnings per share from continuing operations was THB 0.11 compared to THB 0.17 a year ago.
For the nine months, sales was THB 1,094.53 million compared to THB 1,695.12 million a year ago. Revenue was THB 24,770.37 million compared to THB 22,790.59 million a year ago. Net income was THB 4,921.55 million compared to THB 4,788.01 million a year ago. Basic earnings per share from continuing operations was THB 0.41 compared to THB 0.4 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 Company mostly develops in 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, Villaggio Srinakarin, Villaggio Bangyai, Villaggio Rangsit Khlong 2, Villaggio 2 srinakarin-bangna, Villaggio Phet Kasem - Sai 4 and other.