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.
