Statement of income
(Unit: Baht in thousand except indicated)|
Q3/2024
|
Q2/2024
|
QoQ
|
Q3/2023
|
YoY
|
|
|---|---|---|---|---|---|
| Rental and services income | 194,223 | 189,091 | 2.7% | 192,746 | 0.8% |
| Interest income | 1,916 | 1,869 | 2.5% | 1,449 | 32.2% |
| Dividend income | - | - | n.m. | - | n.m. |
| Other income | 2,813 | 4,078 | -31.0% | 3,069 | -8.3% |
| Total income | 198,952 | 195,038 | 2.0% | 197,264 | 0.9% |
| Costs of rental and services | 42,242 | 41,541 | 1.7% | 41,699 | 1.3% |
| REIT Manager's fee | 10,152 | 9,999 | 1.5% | 10,256 | -1.0% |
| Trustee's fee | 3,482 | 3,444 | 1.1% | 3,588 | -3.0% |
| Registrar's fee | 378 | 377 | 0.3% | 385 | -1.8% |
| Property management fee | 8,658 | 8,458 | 2.4% | 8,736 | -0.9% |
| Professional fees | 1,466 | 2,134 | -31.3% | 882 | 66.2% |
| Other expenses | 6,329 | 6,506 | -2.7% | 12,212 | -48.2% |
| Finance cost | 21,807 | 21,588 | 1.0% | 20,857 | 4.6% |
| Income tax expenses | 12,736 | 12,777 | -0.3% | 13,899 | -8.4% |
| Total expenses | 107,250 | 106,824 | 0.4% | 112,514 | -4.7% |
| Net investment income | 91,702 | 88,214 | 4.0% | 84,750 | 8.2% |
| Gains (losses) from changes in fair value of investment in debt securities | -8 | - | n.m. | - | n.m. |
| Gains (losses) on revaluation of investments in subsidiaries | - | - | n.m. | - | n.m. |
| Gains (losses) on revaluation of investments in properties and leasehold rights over properties | 1,476 | 1,459 | 1.2% | 1,549 | -4.7% |
| Increase in net assets from operations | 93,170 | 89,673 | 3.9% | 86,299 | 8.0% |
Statements of financial position
(Unit: Baht in thousand except indicated)|
Q3/2024
|
Q2/2024
|
QoQ
|
Q3/2023
|
YoY
|
|
|---|---|---|---|---|---|
| Investments in debt securities measured at fair value through profit or loss | 94,546 | - | n.m. | - | n.m. |
| Investments in subsidiaries at fair value through profit or loss | - | - | n.m. | - | n.m. |
| Investments in properties and leasehold rights over properties at fair value | 8,525,982 | 8,514,515 | 0.13% | 8,792,033 | -3.03% |
| Cash and cash equivalents | 575,959 | 695,287 | -17.16% | 667,477 | -13.71% |
| Receivables | 8,032 | 8,545 | -6.00% | 10,531 | -23.73% |
| Loan to subsidiary | - | - | n.m. | - | n.m. |
| Intangible assets | 49,726 | 53,576 | -7.19% | 56,085 | -11.34% |
| Total assets | 9,254,245 | 9,271,923 | -0.19% | 9,526,126 | -2.85% |
| Accrued Interest | 6,072 | 15,090 | -59.76% | 7,779 | -21.94% |
| Other payables | 251,471 | 260,900 | -3.61% | 245,631 | 2.38% |
| Accrued expenses | 990,644 | 988,879 | 0.18% | 983,753 | 0.70% |
| Income tax payable | 1,049,122 | 1,049,030 | 0.01% | 1,048,757 | 0.03% |
| Unearned income | 286,101 | 284,625 | 0.52% | 296,179 | -3.40% |
| Deposit received from customers | 98,990 | 118,074 | -16.16% | 117,580 | -15.81% |
| Total liabilities | 2,682,400 | 2,716,598 | -1.26% | 2,699,679 | -0.64% |
| Capital from unitholders | 4,607,869 | 4,627,634 | -0.43% | 4,680,961 | -1.56% |
| Retained earnings | 1,963,976 | 1,927,691 | 1.88% | 2,145,486 | -8.46% |
| Net assets | 6,571,845 | 6,555,325 | 0.25% | 6,826,447 | -3.73% |
| Net asset value per unit (Baht) | 12.0034 | 11.9732 | 0.25% | 12.4684 | -3.73% |
Statement of income
(Unit: Baht in thousand except indicated)|
Q3/2024
|
Q2/2024
|
QoQ
|
Q3/2023
|
YoY
|
|
|---|---|---|---|---|---|
| Rental and services income | 73,103 | 73,081 | 0.0% | 69,484 | 5.2% |
| Interest income | 2,771 | 2,624 | 5.6% | 2,786 | -0.5% |
| Dividend income | 48,000 | 48,000 | 0.0% | 53,000 | -9.4% |
| Other income | 3,100 | 930 | 233.3% | 270 | 1048.1% |
| Total income | 126,974 | 124,635 | 1.9% | 125,540 | 1.1% |
| Costs of rental and services | 19,019 | 20,345 | -6.5% | 19,427 | -2.1% |
| REIT Manager's fee | 10,152 | 9,999 | 1.5% | 10,256 | -1.0% |
| Trustee's fee | 3,482 | 3,444 | 1.1% | 3,588 | -3.0% |
| Registrar's fee | 378 | 377 | 0.3% | 385 | -1.8% |
| Property management fee | 4,870 | 4,607 | 5.7% | 4,798 | 1.5% |
| Professional fees | 857 | 1,105 | -22.4% | 527 | 62.6% |
| Other expenses | 741 | 1,746 | -57.6% | 7,333 | -89.9% |
| Finance cost | 21,783 | 21,562 | 1.0% | 20,822 | 4.6% |
| Income tax expenses | - | - | n.m. | - | n.m. |
| Total expenses | 61,282 | 63,185 | -3.0% | 67,136 | -8.7% |
| Net investment income | 65,692 | 61,450 | 6.9% | 58,404 | 12.5% |
| Gains (losses) from changes in fair value of investment in debt securities | -8 | - | n.m. | - | n.m. |
| Gains (losses) on revaluation of investments in subsidiaries | 22,000 | 22,000 | 0.0% | 22,000 | 0.0% |
| Gains (losses) on revaluation of investments in properties and leasehold rights over properties | 1,779 | 1,759 | 1.1% | 1,839 | -3.3% |
| Increase in net assets from operations | 89,463 | 85,209 | 5.0% | 82,243 | 8.8% |
Statements of financial position
(Unit: Baht in thousand except indicated)|
Q3/2024
|
Q2/2024
|
QoQ
|
Q3/2023
|
YoY
|
|
|---|---|---|---|---|---|
| Investments in debt securities measured at fair value through profit or loss | 94,546 | - | n.m. | - | n.m. |
| Investments in subsidiaries at fair value through profit or loss | 6,476,496 | 6,476,496 | 0.0% | 6,541,012 | -1.0% |
| Investments in properties and leasehold rights over properties at fair value | 1,940,453 | 1,937,522 | 0.2% | 2,134,413 | -9.1% |
| Cash and cash equivalents | 185,659 | 348,171 | -46.7% | 274,352 | -32.3% |
| Receivables | 74,657 | 3,241 | 2203.5% | 79,550 | -6.2% |
| Loan to subsidiary | 96,378 | 96,378 | 0.0% | 96,378 | 0.0% |
| Other assets | 23,967 | 25,331 | -5.4% | 24,240 | -1.1% |
| Total assets | 8,892,156 | 8,887,139 | 0.1% | 9,149,945 | -2.8% |
| Accrued Interest | 6,072 | 15,090 | -59.8% | 7,779 | -21.9% |
| Income tax payable | 87,128 | 86,613 | 0.6% | 82,971 | 5.0% |
| Long-term borrowings from financial institutions | 990,644 | 988,879 | 0.2% | 983,753 | 0.7% |
| Debentures | 1,049,122 | 1,049,030 | 0.0% | 1,048,757 | 0.0% |
| Lease liabilities | 283,897 | 282,119 | 0.6% | 292,785 | -3.0% |
| Other liabilities | 34,152 | 37,757 | -9.5% | 41,191 | -17.1% |
| Total liabilities | 34,152 | 37,757 | -9.5% | 41,191 | -17.1% |
| Net assets | 2,451,015 | 2,459,488 | -0.3% | 2,457,236 | -0.3% |
| Capital from unitholders | 4,607,869 | 4,627,634 | -0.4% | 4,680,961 | -1.6% |
| Retained earnings | 1,833,272 | 1,800,694 | 1.8% | 2,011,748 | -8.9% |
| Net assets | 6,441,141 | 6,428,328 | 0.2% | 6,692,709 | -3.8% |
| Net asset value per unit (Baht) | 11.7646 | 11.7412 | 0.2% | 12.2241 | -3.8% |
Source:
Reference to financial statements Auditor’s Report on Review of Interim Financial Information for Q2/2024, Q1/2024 and Q2/2023