Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
ASA International Group PLC ( (GB:ASAI) ) has shared an announcement.
ASA International Group PLC reported a substantial increase in net profit for 2024, reaching approximately USD 24 million, despite challenges from hyperinflation accounting in Ghana and Sierra Leone. The company experienced strong operational growth with a 22% increase in its loan book, driven by high demand in key markets. The company also announced strategic changes, including the intention to surrender its microfinance license in India and the resumption of its dividend policy, indicating a return to a more stable operating environment.
More about ASA International Group PLC
ASA International Group PLC is one of the world’s largest international microfinance institutions. The company focuses on providing small loans to low-income individuals in various regions, with a significant presence in countries like Pakistan, Ghana, Kenya, Tanzania, and Uganda.
YTD Price Performance: -9.44%
Average Trading Volume: 22,612
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £76.75M
See more data about ASAI stock on TipRanks’ Stock Analysis page.
