LONDON (Alliance News) - Adamas Finance Asia Ltd Friday said it has a good foundation for transforming its underlying portfolio into one that will be entirely income generating.
"I believe that we have established a sound platform on which to deliver the transformation in the underlying portfolio to one that ultimately will be entirely income generating and which will thereby enable us to begin to deliver attractive returns to our shareholders," Chairman John Croft said in a statement.
The company said its loss before and after tax narrowed to USD545,000 in 2014 from USD1.7 million in 2013.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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