United Finance PLC 2022 AR2
The report highlights United Finance Limited's performance and sustainability initiatives for the fiscal year 2022. Despite global and domestic economic challenges, the company registered a 10.83% growth in operating revenue, although net profit after tax decreased by 35.86% due to inflationary pressures and increased provisions. United Finance remained committed to sustainable practices, with green financing representing 5.8% of term loan disbursements and sustainable financing accounting for 20.3% of all disbursements. The company also made progress in reducing its internal carbon footprint through paperless systems, energy-efficient lighting, and video conferencing, while maintaining a diverse workforce of 784 full-time employees.
Company: United Finance PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2022
Type: AR2
Pages: 110
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United Finance PLC
Annual Report
The report highlights United Finance Limited's performance and sustainability initiatives for the fiscal year 2022. Despite global and domestic economic challenges, the company registered a 10.83% growth in operating revenue, although net profit after tax decreased by 35.86% due to inflationary pressures and increased provisions. United Finance remained committed to sustainable practices, with green financing representing 5.8% of term loan disbursements and sustainable financing accounting for 20.3% of all disbursements. The company also made progress in reducing its internal carbon footprint through paperless systems, energy-efficient lighting, and video conferencing, while maintaining a diverse workforce of 784 full-time employees.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
May 3, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees