Digital Telecommunications Infrastructure Fund Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017
November 14, 2017 at 05:34 am
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Digital Telecommunications Infrastructure Fund announced unaudited earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported net profit was THB 1,333,973,000 compared to THB 1,376,168,000 a year ago. EPS was THB 0.2297 compared to THB 0.237 a year ago. Total income was THB 1,633,923,377 compared to THB 1,584,662,173 a year ago. Net investment income was THB 1,358,763,024 compared to THB 1,300,816,753 a year ago.
For the nine months, the company reported net profit was THB 9,554,689,000 compared to THB 17,332,057,000 a year ago. EPS was THB 1.6451 compared to THB 2.9842 a year ago. Total income was THB 4,885,430,609 compared to THB 4,719,553,331 a year ago. Net investment income was THB 4,112,070,197 compared to THB 3,928,341,873 a year ago. Net cash flows generate from operating activities was THB 3,751,372,988 compared to THB 3,927,590,841 a year ago.
Digital Telecommunications Infrastructure Fund is a Thailand-based closed-end infrastructure fund. The Fund operates through investments in the telecommunications infrastructure business and securities segment. The Fund invests in telecommunication infrastructure assets such as telecommunication towers, fiber optic cable system, transmission equipment, broadband system and/or revenue incurred from the assets with coverage nationwide. Its infrastructure funds are invested in various businesses, such as Transportation system by rail or pipe, electricity, plumbing, road, expressway, or concession, telecommunications or information technology infrastructure and communication, alternative energy, waste management, airport or airfield, and water management system or irrigation. The Fund is managed by SCB Asset Management Company Limited.