Krungthai Car Rent & Lease Public Company Limited. reported unaudited consolidated and parent company earnings results for the first quarter ended March 31, 2016. For the quarter, on a consolidated basis, the company reported net profit of THB 62,949,252.76 compared to THB 44,428,571.29 a year ago. Earnings per share was THB 0.25 compared to THB 0.18 a year ago. Total income was THB 495,799,843.49 compared to THB 449,994,000.81 a year ago. Profit before income tax expense was THB 78,865,212.84 compared to THB 55,626,563.59 a year ago. Net cash provided by operating activities was THB 288,612,096.03 compared to THB 256,195,516.67 a year ago. Cash paid for purchase of fixed assets was THB 215,849.97 compared to THB 502,435.47 a year ago. Cash paid for purchase of intangible assets was THB 5,000.00 compared to THB 885,000.00 a year ago. The increase over 20% in net profit is summarized as: Increased car rental income- The first quarter car rental income was recorded at THB 289.5 million, an increase of 5.0% on year, compared with its first quarter of 2015 of THB 275.8 million, due to fleet expansion contributed to a 3.7% increase in number of vehicles; Decreased Maintenance & Insurance Cost - the first quarter maintenance cost was decreased by 31.5% and recorded at THB 19.2 million compared to that of 2015 recorded at THB 28.1 million and Increased subsidiary company's net profit - the first quarter net profit of subsidiary company was recorded at THB 6.1 million, an increase of 267.6% on year, compared with its first quarter of 2015 of THB 1.7 million. For the quarter, on parent basis, the company reported net profit of THB 56,818,228.62 compared to THB 42,760,352.19 a year ago. Earnings per share was THB 0.23 compared to THB 0.17 a year ago. Total income was THB 422,646,413.99 compared to THB 402,659,101.45 a year ago. Profit before income tax expense was THB 71,122,561.22 compared to THB 53,534,420.31 a year ago. Net cash provided by operating activities was THB 298,385,483.36 compared to THB 259,451,481.14 a year ago. Cash paid for purchase of fixed assets was THB 142,735.25 compared to THB 400,552.43 a year ago. Cash paid for purchase of intangible assets was THB 5,000.00 compared to THB 885,000.00 a year ago.