Dominion Holdings, Inc. (formerly BDO Leasing and Finance, Inc.) recorded higher earnings of ₱205.7 million for the first nine months of 2023 versus ₱28.1 million in the same period last year. This is attributed to the repositioning of its investment portfolio towards short-term placements and debt securities at higher interest rates.
Total Resources, substantially represented by its investment portfolio, increased to ₱6.31 billion. Stockholders’ Equity expanded to ₱6.30 billion due to higher earnings.
