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United Finance PLC has posted a 6 per cent increase in net profit for the first half of 2025 compared to the same period last year, underscoring continued financial resilience and disciplined execution.
The results were formally endorsed during the company’s 234th Board Meeting, held at its Corporate Head Office, according to a media release.
The second quarter marked a standout performance, with net profit soaring 360 per cent over Q1 2025, driven by operational prudence and strategic realignment. Earnings per share rose to BDT 0.17, up from BDT 0.16 a year earlier.
As of June 2025, gross assets stood at BDT 26,634 million, reflecting a stable balance sheet. The company’s previously reported Non-Performing Loan (NPL) ratio of 4.98 per cent for the year 2024, remains one of the lowest in the industry— a testament to United Finance’s portfolio quality and robust risk management, the release says.
Managing Director Mr. Mohammad Rafiqul Islam commented, “Despite external challenges, United Finance is cruising forward with unwavering commitment to governance and internal control. While our portfolio slightly contracted since December 2024, prudent operations have enabled both year-on-year and quarter-on-quarter profit growth. We remain optimistic about achieving a strong 2025, powered by our renewed strategy and purpose-led vision.”
The meeting was chaired by Board Chairman Mr. Najmul Hasan, where the half-year financials and other business proposals were approved.
Board Directors in attendance included Mr. Moinuddin Hasan Rashid, Ms. Mahenoor Sultana Rashid, Mr. Kayes Khalil Khan, Mr. Kutubuddin Akhter Rashid, and Mr. Khondaker Zayed Ahsan. Independent Directors Professor Dr. Mohammad Omar Farooq, Mr. Jahidur Rahman, and Professor Dr. Mahfuzul Hoque were also present.
Managing Director Mr. Mohammad Rafiqul Islam, Deputy Managing Director Mohammed Abul Ahsan, Chief Financial Officer Lingkon Mondol and Acting Company Secretary Ms. Labiba Mahjabin participated in the meeting as well, the release adds.