3BBIF’s 3Q25 Net Profit Surges 20% as Lower Costs Drive Gains

3BB Internet Infrastructure Fund (SET: 3BBIF) has announced its 3Q25 consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 3Q25 3Q24
Net Profit (Loss)
Million Baht
1,411.94 1,174.00
% Change 20.27
9 Months 2025 2024
Net Profit (Loss)
Million Baht
5,626.48 1,958.17
% Change 187.33

 

3BBIF reported a net profit of THB 1.41 billion, a 20.27% increase YoY compared to the THB 1.17 billion net profit in the same period last year.

Total expenses in 3Q25 were THB 266.2 million, decreasing 35.15% YoY. Fund management fee and expenses were THB 25 million, increasing 5.04% YoY. Operating expenses were THB 152.4 million, decreasing 12.16% YoY (composed of Optical Fiber Cables maintenance expenses THB 112.9 million, right of way expenses THB 37.5 million and insurance expenses THB 2 million).

Financial Costs were THB 85.5 million, decreasing 59.27% YoY. The main reason was the restructuring of the outstanding loan in 1Q25, which resulted in a reduction of the Fund’s interest expenses. Finance costs consisted of interest expenses amount THB 81 million and deferred front-end fee amount THB 4.5 million. Other expenses were THB 3.3 million, there is no change on YoY.

The Fund recorded net investment income of THB 1.61 billion in 3Q25, increasing 9.34% YoY. Losses from changes in fair value of investments were THB 199.9 million. In September 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 billion, resulting in losses from changing in fair value of investments THB 200 million from this appraisal.

For the first nine months of 2025, 3BBIF reported a net profit of THB 5.62 billion, an 187.33% increase YoY compared to the THB 1.95 billion net profit in the same period last year.