North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand Reports Unaudited Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 13, 2018 at 06:20 am EST
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North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand reported unaudited company earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, net profit was THB 898,057,000 against THB 1,198,847,000 a year ago. EPS were THB 0.4306 against THB 0.5748 a year ago. Total income was THB 280,511,044 against THB 288,771,877 a year ago. Net investment income was THB 273,556,007 against THB 282,042,015 a year ago. Increase in net assets from operations was THB 898,057,107 against THB 1,198,847,025 a year ago. It is resulted from the net unrealized gain from investment valuation in the third quarter of 2018 in the amount of THB 624.50 million which is lower than net unrealized gain from investment valuation in the amount of THB 916.81 million last year.
For the nine months, net profit was THB 1,223,397,000 against THB 2,862,948,000 a year ago. EPS were THB 0.5866 against THB 1.3728 a year ago. Total income was THB 847,432,967 against THB 871,276,615 a year ago. Net investment income was THB 827,256,843 against THB 850,167,753 a year ago. Increase in net assets from operations was THB 1,223,396,630 against THB 2,862,948,216 a year ago.
North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand (the Fund) is a closed-end infrastructure fund. The Fund is offering its units to public investors. The Fund's objective is to seek funds from investors, to invest in the power plant infrastructure businesses and the rights to availability payment agreement. In addition, the Fund shall invest in other assets, including other investments and/or other securities under the scope of the Securities and Exchange Commission that can generate benefits to the unitholders. It only operates in one business segment, which is investment in the rights to availability payment agreement from power plant infrastructure and the business is only operated in Thailand. The Fund is managed by Krungthai Asset Management Public Company Limited.
North Bangkok Power Plant Block 1 Infrastructure Fund, Electricity Generating Authority of Thailand Reports Unaudited Company Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018