Digital Telecommunications Infrastructure Fund Reports Unaudited Earnings Results for the Quarter Ended March 31, 2017
May 12, 2017 at 07:31 am EDT
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Digital Telecommunications Infrastructure Fund reported unaudited earnings results for the quarter ended March 31, 2017. For the quarter, total income was THB 1,622,847,155 against THB 1,562,693,870 a year ago. Net investment income was THB 1,351,026,184 against THB 1,293,958,294 a year ago. Total net gain from investments was THB 5,524,467,909 against THB 13,355,819,532 a year ago. Increase in net assets from operations was THB 6,875,494,093 against THB 14,649,777,826 a year ago. Net cash flows generated from operating activities was THB 842,166,810 against THB 1,077,732,252 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.