United Finance PLC Board Chairman Najmul Hasan presides over the company's 234th Board Meeting, held at its Corporate Head Office. The United Finance PLC has posted a 6.0 per cent in 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, says a press 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% 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 meeting was chaired by Board Chairman Najmul Hasan, where the half-yearly financials and other proposals were approved.
Board Directors in attendance included Moinuddin Hasan Rashid, Ms. Mahenoor Sultana Rashid, Kayes Khalil Khan, Kutubuddin Akhter Rashid, and Mr. Khondaker Zayed Ahsan. Independent Directors Professor Dr. Mohammad Omar Farooq, Mr. Jahidur Rahman, andProfessor Dr. Mahfuzul Hoquewere also present.
Managing Director Mohammad Rafiqul Islam, Deputy Managing Director Mohammed Abul Ahsan, Chief Financial Officer Lingkon Mondol and Acting Company Secretary Labiba Mahjabin participated in the meeting as well.
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