Ally Leasehold Real Estate Investment Trust reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was THB 375.02 million compared to THB 167.31 million a year ago. Revenue was THB 410.34 million compared to THB 171.05 million a year ago. Net income was THB 132.77 million compared to net loss of THB 4.71 million a year ago.
For the nine months, sales was THB 1,062.21 million compared to THB 784.75 million a year ago. Revenue was THB 1,167.65 million compared to THB 799.9 million a year ago. Net income was THB 455.78 million compared to THB 267.88 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.
