News Detail

Date/Time
13 Feb 2020 17:18:00
Headline
Clarification the changing of Net Profit (Loss) in Profit and loss statement exceeding than 20% in compare to same period of previous year
Symbol
LUXF
Source
LUXF
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TT/IM 038/2020
                            13 February 2020

RE:    Clarification the changing of Net Profit (Loss) in Profit and loss statement
 exceeding than 20% in compare to same period of previous year
Attn:    President
    The Stock Exchange of Thailand
    Luxury Real Estate Investment Fund (LUXF) would like to clarify the changing of
Net Profit (Loss) in profit and loss statement that exceeded than 20% in
compare to the same period of previous year.
    In comparison, the financial statement for the period of 3 month ending 
December 31, 2019 of the Fund showed that the increasing in net asset from
operation total of THB 8.333 million which decreased Baht 5.720 million from the
same period in 2018. In addition, for the period of 6 month ending December 31,
2019 of the Fund showed that the increasing in net asset from operation total
of THB 11.405 million which decreased Baht 20.861 million from the same period
in 2018.
    The main factor of such change is from the difference in unrealized gain (loss)
on investment, which is resulted from LUXF fund had invested in the asset
enhancement program of THB 6.666 million in the period of 3 month and invested
in the asset enhancement program of THB 20.954 million in the period of 6 month.
This resulted to the changing in net asset resulting from operations exceeding
than 20% from the same period  of previous year.
Please notify accordingly


Regards


Phiphat Phisanuwongrak
Authorized Signatory
______________________________________________________________________

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