Aberdeen Asia-Pacific Income Investment Company Limited Reports Earnings Results for the Second Quarter Ended April 30, 2019
June 28, 2019 at 01:21 pm EDT
Share
Aberdeen Asia-Pacific Income Investment Company Limited announced earnings results for the second quarter ended April 30, 2019. For the second quarter, the company announced basic earnings per share from continuing operations was CAD 0.4978 compared to basic loss per share from continuing operations of CAD 0.0857 a year ago. For the half year, total revenue was CAD 29.558 million compared to negative total revenue of CAD 41,580 a year ago. Net income was CAD 25.366 million compared to net loss of CAD 4.419 million a year ago.
abrdn Asia-Pacific Income Fund VCC is a Singapore-based closed-end investment company. The investment objective of the Company is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities. The Company seeks to obtain these objectives primarily from investment in long-term debt securities. The Company also invests up to 100% of its total assets in Asia-Pacific debt securities. The Companyâs investment portfolio is present in countries which include India, Indonesia, China, Australia, Malaysia, Pakistan, United Kingdom, Mexico, Ukraine, Thailand, United Arab Emirates, Uruguay, Egypt, Bahrain, South Africa, Nigeria, Brazil, Philippines, Mongolia, Kuwait, United States and Oman, among others. The investment manager of the Company is abrdn Asia Limited.
ABRDN ASIA-PACIFIC INCOME FUND VCC 
