Brief: ASA International Group Expects 2023 Pre-Tax Income To Be Lower Than 2022

ASA International

28/02/2024 07:50

Feb 28 (Reuters) - ASA International Group PLC  ASAI.L :
    * 2023 YEAR-END TRADING UPDATE
    * H2 2023 PERFORMANCE AHEAD OF MARKET EXPECTATION, WITH
MOMENTUM
CONTINUING IN EARLY 2024
    * EXPECTS TO REPORT PRE-TAX INCOME AND NET INCOME FOR 2023
THAT
EXCEED CURRENT MARKET CONSENSUS ESTIMATES
    * OVERALL YEAR ON YEAR FINANCIAL PERFORMANCE IN 2024 WILL
CONTINUE
TO IMPROVE AS COMPARED TO 2023
    * GROUP OPERATING RESULTS IMPROVED IN H2 2023 WITH OLP
GROWING BY
10% TO USD 369.1 MILLION FROM USD 334.4 MILLION IN H1 2023
    * EXPECTS PRE-TAX INCOME AND NET INCOME FOR 2023 TO BE LOWER
THAN
WHAT WERE ACHIEVED IN 2022

Source text for Eikon:  ID:nRSb6986Ea 
Further company coverage:  ASAI.L 

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