Dominion Holdings Inc. (formerly BDO Leasing & Finance, Inc.) registered a 300-percent increase in net income in 2023 to P277.3 million from P69.3 million in 2022.
Gross income increased 171 percent to P343.7 million from P126.8 million the previous year, due to the rebalancing of its investment portfolio towards higher-yielding placements and debt securities.
Total resources, predominantly comprised of investment securities, amounted to P6.38 billion, while stockholders’ equity increased to P6.37 billion.