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abrdn Asian Income Fund (LON:AAIF) Releases Earnings Results

abrdn Asian Income Fund logo with Financial Services background

Key Points

  • abrdn Asian Income Fund reported a quarterly earnings of GBX 8.75 ($0.12) per share, with a return on equity of 11.73% and a net margin of 85.32%.
  • The company's stock remained flat at GBX 236 ($3.20) during midday trading, with a market cap of £352.20 million.
  • abrdn Asian Income Fund's stock price has ranged between a 12-month low of GBX 172.03 ($2.34) and a 12-month high of GBX 243 ($3.30).
  • MarketBeat previews top five stocks to own in October.

abrdn Asian Income Fund (LON:AAIF - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX 8.75 earnings per share (EPS) for the quarter, Digital Look Earnings reports. abrdn Asian Income Fund had a net margin of 85.32% and a return on equity of 11.73%.

abrdn Asian Income Fund Price Performance

LON AAIF traded down GBX 1 on Tuesday, hitting GBX 236. 512,329 shares of the company were exchanged, compared to its average volume of 287,958. The firm has a 50 day moving average of GBX 229.70 and a two-hundred day moving average of GBX 217.57. The company has a market cap of £352.20 million, a P/E ratio of 8.34 and a beta of 0.70. The company has a current ratio of 0.26, a quick ratio of 0.11 and a debt-to-equity ratio of 8.19. abrdn Asian Income Fund has a 1-year low of GBX 172.03 and a 1-year high of GBX 243.

abrdn Asian Income Fund Company Profile

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