BTS Rail Mass Transit Growth Infrastructure Fund announced audited earnings results for the fourth quarter and full year ended March 31, 2018. For the quarter, the company reported total income of THB 1,159.3 million against THB 1,218.0 million a year ago. Net investment income was THB 1,150.8 million against THB 1,201.2 million a year ago. Increase in net assets resulting from operations was THB 1,150.9 million against THB 1,101.3 million a year ago. Total income was down 4.8% year-on-year and 3.6% quarter-on-quarter. Year-on-year and quarter-on-quarter decreases were largely caused by the decrease of income from investment in net farebox revenue from Core BTS SkyTrain network under the concession agreement (NRTA) of 4.8% year-on-year and 3.6% quarter-on-quarter to THB 1,155.8 million from the higher operating and maintenance costs. Net investment income decreased by 4.2% year-on-year and 2.3% quarter-on-quarter mainly from the decrease in total income. For the year, the company reported total income was THB 4,712.4 million compared to THB 4,593.5 million a year ago. Net investment income was THB 4,621.5 million compared to THB 4,482.6 million a year ago. Net cash from operating activities was THB 4,731.7 million compared to THB 4,598.7 million a year ago. Increase in net assets resulting from operations was THB 4,221.6 million or THB 0.7294 per share against THB 4,849.5 million or THB 0.8379 per share a year ago. Net asset value per share as on March 31, 2018 was THB 11.5045 against THB 11.5801 as at March 31, 2017. Total income was up 2.6% year-on-year from the growth in income from investment in net farebox revenue. Net investment income was up 3.1% year-on-year mainly from the increase in total income and the decrease in total expenses.