The Thai Asset Fund has reported a 27.7 per cent increase in net profit to US$2.82 million for the six months ended June 30. Net asset value per share fell 44 per cent to $11.53. Following special dividends of $4.32 and $2.92 per share in May and July, a third dividend of $1.44 per share was paid on August 22 for the period from May 28 to August 9. Meanwhile, in the same period the Thai-Asia Fund posted a 22.55 per cent increase in net profit to $2.98 million from $1.26 million. Turnover rose to $59.39 million from $8.8 million. Earnings per share were 5.9 cents from three cents previously. Special dividends of 39 cents and 25 cents per share were paid.