Ally Freehold And Leasehold Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was THB 386.91 million compared to THB 403.41 million a year ago. Revenue was THB 418.96 million compared to THB 428.75 million a year ago. Net income was THB 146.06 million compared to THB 140.69 million a year ago.
For the six months, sales was THB 763.57 million compared to THB 797.75 million a year ago. Revenue was THB 824.93 million compared to THB 848.76 million a year ago. Net income was THB 154.81 million compared to THB 412.81 million a year ago.
ALLY Leasehold Real Estate Investment Trust (the Trust) is a diversified real estate investment trust. The Trust's investment policy is to invest in core assets which comprise all types of freehold and leasehold real estate and assets that are components, machinery, or equipment of the aforementioned assets, such as shopping mall, department store, community mall and other commercial space (Core component), including other commercial properties (Non-core component), such as convention hall, office building, commercial building, exhibition hall, warehouse and storage that supports other properties which it invests in, parking building, wholesale/retail market, and properties that generate recurring incomes, including commercial property and other property that is relevant or supportive of real estate rental business and business that supports its investment. ALLY REIT Management Company Limited serves as the Trust's manager and SCB Asset Management Company Limited as the Trustee.
