Business
2019 full year results and COVID-19 impact update
2019 full year results and COVID-19 impact update.
About this update from Asa International Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 7468O\n ASA International Group PLC\n 03 June 2020\n \n \n \n 3 June 2020\n \n ASA International Group plc reports 2019 full year results and COVID-19 impact update\n \n ASA International Group plc (LSE: ASAI), one of the world's largest international microfinance institutions, today announces its full year results for the twelve-month period from 1 January to 31 December 2019 and provides an update on the impact of COVID-19 on its business.\n \n Key performance indicators\n \n \n \n \n \n \n \n \n \n (Amounts in USD millions)\n \n \n \n \n \n \n \n 2019\n \n \n \n \n 2018\n \n \n \n \n Δ 2018 - 2019\n \n \n \n \n Δ Constant currency\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Number of clients (m)\n \n \n \n \n \n \n \n 2.5\n \n \n \n \n 2.2\n \n \n \n \n 17%\n \n \n \n \n \n \n \n \n \n \n \n \n Number of branches \n \n \n \n \n \n \n \n 1,895\n \n \n \n \n 1,665\n \n \n \n \n 14%\n \n \n \n \n \n \n \n \n \n \n \n \n Net profit \n \n \n \n \n \n \n \n 34.5\n \n \n \n \n 24.5\n \n \n \n \n 41%\n \n \n \n \n 49%\n \n \n \n \n \n \n \n \n \n Normalised net profit \n \n (1)\n \n \n \n \n \n \n \n \n 34.5\n \n \n \n \n 32.4\n \n \n \n \n 7%\n \n \n \n \n 12%\n \n \n \n \n \n \n \n \n \n Outstanding Loan Portfolio (\"OLP\") \n \n (2)\n \n \n \n \n \n \n \n \n 467.4\n \n \n \n \n 378.5\n \n \n \n \n 24%\n \n \n \n \n 28%\n \n \n \n \n \n \n \n \n \n Dividend per share (in US¢) \n \n (3)\n \n \n \n \n \n \n \n \n NIL\n \n \n \n \n 7.3\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n PAR > 30 days\n \n (4)\n \n \n \n \n \n \n \n \n 1.5%\n \n \n \n \n 0.6%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n (1)\n \n Adjusted for one-off items. For 2018, these mainly relate to IPO costs\n \n \n \n \n \n \n \n (2)\n \n \n Includes off-book Business Correspondence loans and Direct Assignment loans and excludes interest receivable and the unamortized loan processing fee \n \n \n \n (3) \n \n in view of COVID-19 the decision on the declaration of...