33.5 C
Batangas

BDO’s Dominion Holdings posts ₱36.5M net income in Q1 2025

Must read

- Advertisement -

Dominion Holdings, Inc. (DHI, formerly BOO Leasing and Finance, Inc.) reported a net income of ₱36.5 million in the first quarter of 2025, compared to the ₱75.9 million earnings in the same period in 2024.

The lower income is attributed to reduced funds available for investment, following the declaration of ₱3.2 billion in cash dividends in May 2024.

The cash dividend payout decreased Total Assets to ₱3.4 billion from ₱6.5 billion in the first quarter of 2024. Stockholder’s Equity also declined to ₱3.4 billion from ₱6.4 billion a year ago, while Total Liabilities remained steady at ₱11.0 million.

Dominion Holdings is an investment holding company engaged in owning real estate, securities, and other assets.

Formerly operating as a leasing and finance firm, the company shifted its corporate focus in July 2022 after securing SEC approval to amend its name and business purpose. The transition enables greater flexibility in pursuing opportunities that enhance shareholder value.|

- Advertisement -
- Advertisement -spot_imgspot_imgspot_imgspot_img

More articles

IN some hotly contested positions in the province of Batangas, the results of the just concluded elections simply convey what characterizes the voters’ preferences,...
Leandro Legarda Leviste has won a historic landslide as Batangas 1st District Representative in the 2025 elections. Leviste was accompanied by his mother, Senator...
BATANGAS Capitol – AS the Provincial Board of Canvassers proclaimed the winning candidates for all the positions in the province of Batangas, Board Member-elect...
- Advertisement -

Latest article

- Advertisement -