LH Shopping Centers Leasehold Real Estate Investment Trust Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:19 pm IST
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LH Shopping Centers Leasehold Real Estate Investment Trust announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was THB 79.725 million compared to THB 106.019 million a year ago. Net income was THB 27.897 million compared to net loss of THB 95.443 million a year ago. For the half year, total revenue was THB 210.008 million compared to THB 370.573 million a year ago. Net income was THB 70.879 million compared to THB 22.935 million a year ago.
LH Shopping Centers Leasehold Real Estate Investment Trust is a Thailand-based closed-end real estate investment trust. The Trustâs objectives is to raise funds from general investors and to use the proceeds from such fundraising for purchase and/or lease and/or sub-lease and/or take the transfer of leasehold rights and/or the transfer of sub-leasehold rights to immovable properties, and seek benefits from those properties, whether in the form of improving, changing, developing and/or disposing of the properties for the purpose of generating income and returns for the Trust and its unitholders. The Trust is principally engaged in the rental of immovable properties. The Trust focused on investment on securities and properties, such as Project Terminal 21 Shopping Center. The Trust is managed by Land and Houses Fund Management Company Limited (the Manager), SCB Asset Management Company Limited acts as the Trustee and L&H Retail Management Company Limited acts as the Property Manager.
LH SHOPPING CENTERS LEASEHOLD REAL ESTATE INVESTMENT TRUST 
