Quality Houses Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:59 pm IST
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Quality Houses Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was THB 355.58 million compared to THB 274.3 million a year ago. Revenue was THB 2,420.42 million compared to THB 2,475.16 million a year ago. Net income was THB 633.74 million compared to THB 640.08 million a year ago. Basic earnings per share from continuing operations was THB 0.06 compared to THB 0.06 a year ago.
For the nine months, sales was THB 972.26 million compared to THB 675.05 million a year ago. Revenue was THB 6,885.46 million compared to THB 6,874.49 million a year ago. Net income was THB 1,895.55 million compared to THB 1,740.11 million a year ago. Basic earnings per share from continuing operations was THB 0.18 compared to THB 0.16 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.