United Finance reports 6pc rise in net profit

Business Report :

United Finance PLC has reported a 6 per cent rise in net profit for the first half of 2025 compared to the same period last year, highlighting the company’s continued financial resilience and disciplined execution.

The results were formally approved during the company’s 234th Board Meeting, held at its Corporate Head Office.

The second quarter was a standout period, with net profit soaring by 360 per cent compared to Q1 2025, driven by operational prudence and strategic realignment.

Earnings per share increased to BDT 0.17, up from BDT 0.16 in the previous year. As of June 2025, the company’s gross assets stood at BDT 26,634 million, reflecting a stable balance sheet.

The previously reported Non-Performing Loan (NPL) ratio of 4.98 per cent for 2024 remains one of the lowest in the industry, a testament to the quality of United Finance’s portfolio and its robust risk management practices, says a press release.

Managing Director, Mohammad Rafiqul Islam, commented: “Despite external challenges, United Finance continues to make steady progress with a strong commitment to governance and internal control.