United Finance’s H1 profit rises 55% to Tk5.03cr

United Finance PLC reported a net profit of Tk5.03 crore for the first half of 2026, up 55.48% from the same period last year, driven by a 67% rise in operating profit before provisions.

Earnings per share rose to Tk0.27 from Tk0.17, according to a press release.

Operating profit before provisions rose 67% year-on-year, supported by higher net interest income and cost control.

The company's lease, loan, advance, and investment portfolio reached Tk2,348.9 crore, while its lease, loan, and advance portfolio grew by 4.26%.

Deposits stood at Tk1,465.3 crore, up 11.12% from December 2025, the release said.

United Finance said green and sustainable financing accounted for 81% of its total disbursements during the period, exceeding the target set by Bangladesh Bank.

The company also highlighted UMA mobile application services, including paperless account opening and free downloads of account statements, balance confirmation certificates and advance income tax certificates.

Mohammed Abul Ahsan, Acting Managing Director of United Finance, said the performance reflected the institution's risk management and corporate governance practices.

"We are deeply grateful to our customers, regulators and stakeholders for their continued trust in United Finance," he said.

"Despite macroeconomic stress, the company has been able to perform consistently because of these core strengths."

United Finance said it held an AAA credit rating and had operated in Bangladesh for 37 years.

United Finance said it remained focused on creating long-term value for stakeholders and contributing to the country's financial-sector development.