Quality Hospitality Leasehold Property Fund reported earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net loss in the amount of THB 58.39 million which decreased from the same period of the previous year in which the net profit was THB 68.70 million or equivalent to the decrease of 184.98%. The Fund has adjusted these property investments decreased from their fair value of THB 1,760.00 million to THB 1,668.50 million but the Fund has additional renovation cost amounting to THB 0.19 million, thus recognized net unrealized loss on investments amounting to THB 91.50 million. Whereas in the second quarter of 2012, the Fund has adjusted these property investments increased from their fair value of THB 1,884.60 million to THB 1,913.80 million and the Fund has additional renovation cost amounting to THB 0.24 million, thus recognized net unrealized gain on investments amounting to THB 29.20 million.

For six months, the company reported net losses in the amount of THB 111.32 million which decreased from the same period of the previous year in which the net profit was THB 121.40 million or equivalent to the decrease of 191.70%. The Fund has adjusted these property investments decreased from their fair value of THB 1,849.90 million to THB 1,668.50 million but the Fund has additional renovation cost amounting to THB 1.32 million, thus recognized net unrealized loss on investments amounting to THB 181.40 million. Whereas in the six-month period year 2012, the Fund has adjusted these property investments increased from their fair value of THB 1,871.40 million to THB 1,913.80 million and the Fund has additional renovation cost amounting to THB 0.56 million, thus recognized net unrealized gain on investments amounting to THB 42.40 million.