Quality Houses Public Company Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 05:53 am EST
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Quality Houses Public Company Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was THB 2,550.261 million compared to THB 2,705.521 million a year ago. Operating income was THB 329.067 million compared to THB 413.572 million a year ago. Net income was THB 575.040 million compared to THB 716.404 million a year ago. Basic earnings per share from continuing operations was THB 0.05 compared to THB 0.07 a year ago. For the nine months, total revenue was THB 6,891.506 million compared to THB 8,583.539 million a year ago. Operating income was THB 860.374 million compared to THB 1,298.973 million a year ago. Net income was THB 1,543.626 million compared to THB 2,178.812 million a year ago. Basic earnings per share from continuing operations was THB 0.14 compared to THB 0.2 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.