Future Park Leasehold Property Fund Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:22 am EST
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Future Park Leasehold Property Fund announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was THB 149.039 million compared to THB 268.938 million a year ago. Net income was THB 125.385 million compared to THB 200.024 million a year ago. For the nine months, total revenue was THB 411.484 million compared to THB 797.460 million a year ago. Net income was THB 62.628 million compared to THB 572.455 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 
