Thailand Future Fund Announces Earnings Results for the Second Quarter and Six Months Ended March 31, 2020
May 13, 2020 at 08:00 am EDT
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Thailand Future Fund announced earnings results for the second quarter and six months ended March 31, 2020. For the quarter, the company’s profit attributable to equity holders of the company was THB 398,924,000 against THB 467,913,000 a year ago. Earnings per share was THB 0.0873 against THB 0.1024 a year ago.
For the six months, the company’s profit attributable to equity holders of the company was THB 856,501,000 against THB 786,741,000 a year ago. Earnings per share was THB 0.1874 against THB 0.1721 a year ago.
Thailand Future Fund (the Fund) is a Thailand-based closed-end non-redeemable mutual fund. The Fund's objective is to use the proceeds from the offering of investment units to invest in infrastructure assets of the government sector that has the potential to generate income for the Fund. The Fund may also engage in activities within the scope allowed under Securities and Exchange Commission, Thailand (SEC) regulations and other relevant regulations, with a view to generating income and returns for the Fund and the unitholders. This may include investment in other securities and/or deriving benefits from other means as prescribed by securities laws and/or other relevant laws. The Fund is jointly managed by Krungthai Asset Management Public Company Limited (KTAM) and MFC Asset Management Public Company Limited (MFC) (together the Management Companies) and its fund supervisor is Kasikornbank Public Company Limited.