Quality Hospitality Leasehold Property Fund reported reviewed financial results for the first quarter ended Mar. 31, 2013. For the quarter, the company reported net loss of THB 52,932,000 or THB 0.2767 per share against profit of THB 52,698,000 or THB 0.2755 per share for the same period of last year.

The causes of such change in net profit is due to mianly: in the first quarter of 2012, the fund has adjusted these property investments increased from their fair value of THB 1,884.60 million to THB 1,871.40 million but put more investment amounting to THB 0.32 million, thus recognized net unrealized gain on investments amounting to THB 12.88 million, whereas in the first quarter of 2013, the fund has adjusted these property investments decreased from their fair value of THB 1,849.90 million to THB 1,760.00 million and put more investment amounting to THB 1.13 million, thus recognized net unrealized loss on investments amounting to THB 91.03 million.