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Adamas Finance Asia sees its portfolio income increase by over 500% in 2019

Suresh Withana from Harmony Capital Investors, the adviser to Adamas Finance Asia Limited (LON:ADAM), caught up with Proactive's Andrew Scott to discuss its 2019 results as well as update on the current situation as many countries in which its portfolio companies operate show early signs of recovery.

ADAM increased its net asset value by 8% year-on-year in 2019 to US$100.9mln while portfolio income increased by over 500% year-on-year to US$2.2mln (GBP1.7mln).

Withana says the company remains relatively well-positioned given its resilient and diversified portfolio of pan-Asian investments and strong liquidity position.

Quick facts: Adamas Finance Asia Limited

Price: 27 GBX

AIM:ADAM
Market: AIM
Market Cap: £23.73 m
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