27 C

Dominion Holdings posts P58.3 million net income in 1Q 2023

Must read

- Advertisement -

Dominion Holdings, Inc. (formerly BDO Leasing and Finance, Inc. or BLFI) posted a net income of 58.3 million in 1Q 2023 compared to ₱8.6 million in 1Q 2022. 

Gross income expanded more than five-fold to ₱74.7 million as the firm shifted its funds to higher yielding short-term investments to take advantage of the prevailing attractive interest rates.

Total assets stood at ₱6.1 billion, bulk of which was invested in short-term investments.

Formerly, BDO Leasing and Finance Inc., Dominion Holdings Inc.’s primary purpose is to hold/own real estate properties, securities/shares of stocks, and other assets of other companies, and engage in investment and business activities involving these assets.|

- Advertisement -
- Advertisement -

More articles

HEEDING the president’s call to provide assistance to victims of calamities, the Government Service Insurance System (GSIS) has opened its emergency loan window until March 15 to aid GSIS members and pensioners adversely affected by the flooding in the...
Maxim, one of the major network companies in the Philippines, has obtained Certificate of Accreditation as Transport Network Company from the Department of Transportation and the Land Transportation Franchising and Regulatory Board (LTFRB). The company is now announcing the...
ARE you looking for a partner vehicle for your business? Look no more; we have the Bajaj Maxima Cargo to help you be "Ahead of the game" in business! Let's find out how the Bukid ni Juan, owned by...
- Advertisement -

Latest article

- Advertisement -