Ally Leasehold Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was THB 403.41 million compared to THB 341.58 million a year ago. Revenue was THB 428.75 million compared to THB 386.04 million a year ago. Net income was THB 140.69 million compared to THB 146.76 million a year ago.
For the six months, sales was THB 797.75 million compared to THB 665.99 million a year ago. Revenue was THB 848.76 million compared to THB 757.31 million a year ago. Net income was THB 412.81 million compared to THB 323 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.
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