Pinthong Industrial Park Property Fund Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 07:00 am EDT
Share
Pinthong Industrial Park Property Fund reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 50.16 million compared to THB 50.19 million a year ago. Revenue was THB 50.53 million compared to THB 50.33 million a year ago. Net income was THB 40.82 million compared to THB 41.94 million a year ago.
For the six months, sales was THB 99.13 million compared to THB 100.9 million a year ago. Revenue was THB 99.78 million compared to THB 101.17 million a year ago. Net income was THB 82.16 million compared to THB 84.58 million a year ago.
Pinthong Industrial Park Property Fund is a Thailand-based closed-end property fund. The Fundâs objectives are to raise funds from general investors and to use the proceeds from such fundraising to purchase, lease and/or sublease immovable properties. The Fund takes the transfers of the ownership and/or leasehold rights and/or sub-leasehold rights of the properties to seek benefits from those properties by way of letting, subletting, transferring and/or disposing of them. The Fund invests in properties in three industrial estates, including Pinthong Industrial Estate, Pinthong Industrial Estate (Laem Chabang) and Pinthong Industrial Estate (Project 3) and are located on Bypass-Laem Chabang Road, which is in the Sri Racha district, Chonburi province. The Fund is managed by SCB Asset Management Company Limited.
PINTHONG INDUSTRIAL PARK PROPERTY FUND 
