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.