Land and Houses Plc. (SET: LH) has announced its 1Q22 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 1Q22 | 1Q21 |
| Net Profit (Loss) Million Baht |
1,931,492 |
1,744,408 |
| Earning Per Share (Baht) |
0.16 |
0.15 |
| % Change |
10.72% |
|
The Company and its subsidiaries recorded the net profit in the amount of 1,931.49 million baht in the first quarter of 2022, while the same period last year recorded the net profit in the amount of 1,744.41 million baht, increased of 187.08 million baht or 10.72%.
The Company recorded sales income in an amount of 6,965.67 million baht while the same period last year the Company recorded sales income in an amount of 7,140.20 million baht, decreased of 174.53 million baht or decreased by 2.44%.
Rental and service income in the first quarter of 2022 was 660.98 million baht compared to 434.39 million baht at the same period last year, increased 226.59 million baht or increased by 52.16%. This is result from more easing of the Covid- 19 restrictions than last year, which make an increase in the rental and services income of hotels income.
Share of profit from investment in associates in 1st quarter of 2022 increased in an amount of 70.16 million baht when compared to the same period last year, due to better turnover which result from easing of the covid-19 restrictions in 2022.
