Thailand Future Fund Announces Earnings Results for the Third Quarter and Nine Months Ended June 30, 2020
August 13, 2020 at 05:07 pm IST
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Thailand Future Fund announced earnings results for the third quarter and nine months ended June 30, 2020. For the quarter, the company’s profit attributable to equity holders of the company was THB 279,526,000 against THB 440,139,000 a year ago. Earnings per share was THB 0.0612 against THB 0.0963 a year ago.
For the nine months, the company’s profit attributable to equity holders of the company was THB 1,136,027,000 against THB 1,226,880,000 a year ago. Earnings per share was THB 0.2486 against THB 0.2685 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.