United Finance PLC has reported a 6 per cent increase in net profit for the first half of 2025, compared to the same period last year, reflecting its financial resilience and strategy, according to a press release.
In the second quarter, the company saw a 360 per cent rise in net profit compared to Q1 2025.
Earnings per share for January to July period rose to Tk 0.17, from Tk 0.16 in the same period last year.
As of June 2025, the company’s gross assets stood at Tk 26,634 crore, reflecting a stable balance sheet. United Finance’s Non-Performing Loan ratio for 2024 remained at 4.98 per cent, one of the lowest in the industry.
“Despite external challenges, United Finance remains resilient, with strong governance and internal control. Our prudent operations have resulted in both year-on-year and quarter-on-quarter profit growth, and we are optimistic about 2025,” said Managing Director Mohammad Rafiqul Islam.
The company’s financial results were approved at its 234th board meeting, chaired by Board Chairman Najmul Hasan. Directors in attendance included Moinuddin Hasan Rashid, Mahenoor Sultana Rashid, Kayes Khalil Khan, Kutubuddin Akhter Rashid, and Khondaker Zayed Ahsan. Independent Directors Professor Dr Mohammad Omar Farooq, Jahidur Rahman, and Professor Dr Mahfuzul Hoque were also present.