Future Park Leasehold Property Fund Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 01:33 am EDT
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Future Park Leasehold Property Fund announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was THB 133.926 million compared to THB 51.145 million a year ago. Net loss was THB 189.232 million compared to net income of THB 15.636 million a year ago. For the half year, total revenue was THB 283.291 million compared to THB 262.445 million a year ago. Net loss was THB 310.311 million compared to THB 62.757 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 
