Thailand Future Fund Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2019
February 13, 2020 at 08:00 am
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Thailand Future Fund reported unaudited consolidated earnings results for the first quarter ended December 31, 2019. For the quarter, the company reported total income of THB 555.346 million against THB 387.749 million a year ago. Net investment income was THB 457.457 million against THB 320.674 million a year ago. Profit attributable to equity holders of the Company was THB 457.577 million against THB 318.828 million a year ago. EPS was THB 0.10 against THB 0.07 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.