Business
2025 Interim Results
ASA International Group PLC reported strong H1 2025 results, with a 37% year-over-year increase in Gross Outstanding Loan Portfolio to USD 540.9 million. Reported net profit nearly doubled to USD 26.8 million, while underlying net profit rose 73% to USD 24.2 million. The Group's PAR>30 improved to 2.0%. Total equity increased by 41% to USD 136.2 million, supported by profit growth and a USD 15.5 million FX translation gain. Total funding rose to USD 597.3 million, with a USD 229 million funding pipeline for H2 2025. An interim dividend of USD 0.048 per share was declared, a 60% increase year-over-year. The company expects both underlying and reported net profit for 2025 to significantly exceed the current company compiled consensus for FY 2025 of USD 37.5m. Disclaimer*
About this update from Asa International Group Plc
[{"type":"text","content":"\n\nASA International Group plc - H1 2025 Results\nSustained growth, enhanced profitability and strengthened balance sheet\nASA International Group plc (LSE: ASAI), one of the world's largest international microfinance institutions, is pleased to announce its unaudited interim results for the six month period ended 30 June 2025.\nHighlights\n· Strong loan portfolio growth - Gross Outstanding Loan Portfolio rose 37% YoY to USD 540.9m, driven by Ghana (+USD 59m in Q2 alone), supported by Pakistan, Tanzania, Uganda, and Myanmar\n· Profitability surge - Reported net profit almost doubled to USD 26.8m (H1 2024: USD 13.5m). Underlying net profit of USD 24.2m, which excludes the impact of hyperinflation accounting, was up 73% (H1 2024: USD 14.0m). Return on average equity increased to 46%. This means that there is no longer material uncertainty in relation to the going concern in the interim financial report\n· Resilient portfolio quality - Group PAR>30 improved to 2.0% (H1 2024: 2.2%), with Ghana, Uganda, Kenya and Myanmar all below 0.5%\n· Strengthened equity base - Total equity up 41% to USD 136.2m, supported by profit growth and a USD 15.5m FX translation gain (vs. USD -4.3m in FY 2024). This contributed to total comprehensive income growing to USD 43.5m in H1 2025 compared to USD 4.1m in H1 2024 (FY 2024: USD 22.1m)\n· Stable funding position - Total funding rose to USD 597.3m, supported by deposit growth and stable debt sourcing. A robust USD 229m funding pipeline is in place for H2 2025 to support future growth\n· Continued capital returns - Interim dividend declared of USD 0.048 per share (+60% YoY) on underlying net profit, maintaining the 20% payout ratio in H1 2024\nRob Keijsers, ASA International Chief Executive Officer, said:\n\"ASA International's outstanding performance in the first half of 2025 is a testament to the investment we have made in strengthening management, the dedication of our teams and the trust and resilience of our clients across our operating markets. Our strong operational growth, reflected by the significant increase in OLP and sustained improvements in portfolio quality, demonstrates our ability to deliver meaningful financial services to underserved female entrepreneurs. This has naturally ...