United Finance Logs 88% Growth in Net Profit

Aug 18, 2019 01:03 PM Merolagani

United Finance (UFL) has earned a net profit of Rs 133.2 million in the fourth quarter of the current FY compared to Rs 70.9 million of the corresponding period of the previous FY.

The company with Rs 1.01 billion in paid-up capital has reserve fund of Rs 223.3 million and shareholders fund of Rs 164.6 million.

During the period, the company collected deposit of Rs 6.55 billion and extended loan of Rs 6.19 billion.

In the review period, the company earned Rs 309.2 million in net interest income.

The company has non-performing loan of 0.65 percent and EPS of Rs 15.84.

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