EarningsUCB

UCB Earnings Update

Published
Last verified by BullBD

Announcement summary

What happened
UCB published a corporate disclosure on 25 July 2023. Read the full announcement for details.
Company
United Commercial Bank PLC
Announcement published

Original announcement

(Q2 Un-audited): Reasons for deviation in EPS and NOCFPS: The company has informed that the increase of interest expenses on deposits and borrowings and the increase of operating expenses over the same period of last year results significant decrease of Bank's operating profit hence the net earnings also known as net income or net profit results the decrease of the EPS in Q2 2023 (cont.)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(Q2 আন-অডিটেড): ইপিএস এবং এনওসিএফপিএস-এ বিচ্যুতির কারণ: কোম্পানি জানিয়েছে যে আমানত ও ধারের সুদের ব্যয় বৃদ্ধি এবং গত বছরের একই সময়ে পরিচালন ব্যয় বৃদ্ধির ফলে ব্যাঙ্কের পরিচালন মুনাফা উল্লেখযোগ্যভাবে হ্রাস পায় তাই নেট আয়ও নেট আয় বা নিট মুনাফা হিসাবে পরিচিত হয়।

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
64bf8c40a7ae9d76459dc6fd
Original publication
Last verified by BullBD
Translation
BullBD
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