Friday, August 18, 2023

Dominion Holdings’ 1H 2023 net profit at P125.3 million

Dominion Holdings, Inc. (formerly BDO Leasing & Finance, Inc. or BLFI) reported net earnings of 125.3 million in 1H 2023 as against 3.7 million in 1H 2022.  Gross income increased more than six-fold to 162.3 million as the firm reallocated its funds to higher yielding investments and debt securities to capitalize on the prevailing attractive interest rates.


Total resources settled at 6.3 billion, majority of which was accounted for by short-term investments. Total Stockholders Equity improved to 6.25 billion, derived primarily from net profits.

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