ADB: SOFAZ projected to have net income of $1.1B in 2018

ADB: SOFAZ projected to have net income of $1.1B in 2018
  • Clock-gray 16:52
  • calendar-gray 11 April 2018

SOFAZ is projected to have a net income of $1.1 billion in 2018, Asian Development Bank (ADB) reported.

 

According to the bank, over the past 5 years, annualized returns on SOFAZ investments have averaged 2.4%.

 

Bank also said that SOFAZ could identify ways to boost earnings in its investment strategy. 

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