3BB Internet Infrastructure Fund (SET: 3BBIF) has announced 2Q25 consolidated financial statements through the Stock Exchange of Thailand.
Total income for 2Q25 was THB 1,880.5 million, decreasing 0.07% YoY and decreasing 0.04% QoQ, mainly came from rental income from Optical Fiber Cables of THB 1,864.7 million, increasing 0.4% YoY and there is no change on QoQ. Interest income was THB 15.8 million, decreasing 35.51% YoY and decreasing 4.24% QoQ, mainly from lower interest rates.
The Fund recorded net investment income of THB 1,607.2 million in the second quarter, increasing 7.53% YoY and increasing 14.20% QoQ. Gains from changes in fair value of investments were THB 1,300.1 million.
In June 2025, the Fund engaged an independent appraiser to appraise the fair value of the investments. The Fund revalued such investments to be a new fair value of THB 76,200.0 million, resulting in gains from changing in fair value of investments THB 1,300.0 million from this appraisal. Net assets from operations were THB 2,907.3 million, increasing 1,052.59% YoY and increasing 122.39% QoQ.
Total expenses in the same period were THB 273.3 million, decreasing 29.4% YoY and decreasing 42.32% QoQ. Fund management fee and expenses were THB 24.5 million, there is no change on YoY but increasing 1.24% QoQ.
Operating expenses were THB 152.0mn, increasing 5.56% YoY and increasing 0.20% QoQ (composed of Optical Fiber Cables maintenance expenses THB 112.9 million, right of way expenses THB 37.1 million and insurance expenses THB 2.0 million).
Financial Costs were THB 92.4 million, decreasing 56.68% YoY and decreasing 68.43% QoQ. The main reason was the restructuring of the outstanding loan in Q1/2025, which resulted in a reduction of the Fund’s interest expenses. The finance costs were composed of interest expenses amount THB 88.0 million and deferred front-end fee amount THB 4.4 million.
Other expenses were THB 4.4 million, decreasing to 16.98% YoY and decreasing 15.38% QoQ.
BBL Asset Management Co., Ltd., the Management Company of 3BBIF, announces the 35th dividend payment of the fund at THB 0.15455 per share (total amount THB 1,236.40 million) and the Ex-Dividend (XD) date on August 18, 2025. Dividend payment date will be on September 3, 2025.
