Digital Telecommunications Infrastructure Fund Reports Audited Earnings Results for the Year Ended December 31, 2019
February 27, 2020 at 07:15 am EST
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Digital Telecommunications Infrastructure Fund reported audited earnings results for the year ended December 31, 2019. For the year, the company reported total income was THB 12,975,367,960 against THB 10,490,562,157 a year ago. Net investment income was THB 10,394,870,104 against THB 8,467,360,668 a year ago. Total net gain from investment was THB 10,597,265,506 compared to THB 1,387,185,539 a year ago. Increase in net assets from operations was THB 20,992,135,610 compared to THB 9,854,546,207 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.