BDO's Dominion Holdings records ₱202 million income in 2024

BDO's Dominion Holdings records ₱202 million income in 2024
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DOMINION Holdings, Inc. (DHI, formerly BDO Leasing and Finance, Inc.) posted net earnings of ₱202 million in 2024 as against ₱277 million in 2023.

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 payment of cash dividends also decreased Total Assets and Stockholders Equity to ₱3.3 billion from ₱6.4 billion in 2023.

A subsidiary of BDO, Dominion Holdings’ 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.

As a holding company under the BDO Group, the company intends to invest in value-generating businesses which promote sustainability, economic growth and improve the lives of Filipinos. PR

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