Jasmine Broadband Internet Infrastructure Fund (JASIF) has announced its 2Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
Quarter | 2Q22 | 2Q21 |
Net Profit (Loss) Million Baht |
1,411.84 | 2,075.22 |
Earning Per Share (Baht) |
0.1765 | 0.2594 |
% Change | -31.97 | |
6 Months | 2022 | 2021 |
Net Profit (Loss) Million Baht |
3,026.27 | 3,852.23 |
Earning Per Share (Baht) | 0.3783 | 0.4815 |
% Change | -21.44 |
JASIF reported a net profit of THB 1,411 million in 2Q22, decreased from THB 2,075 million in 2Q21.
Total income for 2Q22 was THB 2,572.19 million, increasing 1.29% YoY and decreasing 0.01% QoQ, mainly came from rental income from Optical Fiber Cables of THB 2,567.15 million, increasing 1.23% YoY and there is no change on QoQ. Interest income was THB 5.04 million, increasing 40.39% YoY and decreasing 1.75% QoQ.
JASIF recorded net investment income of THB 2,211.76 million in 2Q22, increasing 1.67% YoY and decreasing 0.12% QoQ. Losses from changes in fair value of investments was THB 799.92 million. (In Jun 2022, the Fund engaged an independent appraiser to appraise the fair value of the investments. The Fund revalued such investments to be new fair value of THB 98,600.00 million, resulting in losses from changes in fair value of investments THB 800.00 million from this appraisement). Increase in net assets from operations was THB 1,411.84 million, decreasing 31.97% YoY and decreasing 12.55% QoQ.
In addition, JASIF announced a dividend payout of THB0.23 per unit to be paid on 6 September 2022 with an ex-dividend date on 19 August 2022.