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ASA International Net Profit Soars In H1, Stock Up

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

ASA International Group PLC (ASAI.L), Wednesday announced the financial results for the first half of the fiscal year 2025, reporting a net profit of $26.8 million, up 99 percent, from $13.5 million, last year.

Profit before tax was $47.8 million for the period compared to $28.3 million in the prior year.

Net interest income grew 48 percent, to $111.3 million from $75.1 million in the previous year.

Backed by the sustained momentum seen during the first half, the company expects the remainder of 2025 to remain positive with improved business and financial performance expected with continued robust demand expected.

Moreover, it projects both underlying and reported net profit for 2025 to be significantly above the company's current compiled consensus of $37.5 million for the fiscal year 2025.

Currently, ASA's stock is climbing 18.13 percent, to 202 pence on the London Stock Exchange.

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