ASA International Group PLC (LSE:ASAI) (H1 2026) Earnings Call Highlights: Net Profit Surges ...
ASA International Group reported a 70% surge in net profit to $45.6 million for the first half of 2026, driven by operational efficiency and client base growth. The company also announced a 43% increase in interim dividends while nearing the completion of its strategic exit from India.
Why it matters
Strong financial performance and improved cost-to-income ratios indicate successful operational scaling for this microfinance-focused institution.
ASA International Group PLC (LSE:ASAI) (H1 2026) Earnings Call Highlights: Net Profit Surges ... GuruFocus News Wed, September 9, 2026 at 7:00 PM EDT 7 min read ASAI.L -0.47% This article first appeared on GuruFocus .
Reported Net Profit: Increased by 70% to $45.6 million in the first half of 2026.
Underlying Net Profit: Increased by 42% to $34.3 million, excluding India-related one-offs.
Gross Client Loan Portfolio (OLP): Reached $600 million, an 18% year-on-year growth (24% on a constant currency basis).
Client Base: Grew by 11% year-on-year to over 2.7 million clients.
Portfolio at Risk (PAR>30): Slightly increased to 2.4%.
Net Interest Margin (NIM): Slightly reduced to 37.4%.
Total Operating Expenses: Rose by 27%, driven by personnel, office, and transportation costs.
Cost-to-Income Ratio: Improved to 55.6% in the first half of 2026.
Total Comprehensive Income: Generated $39.9 million, an 8% decrease year-on-year due to negative FX translation movements.
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