Dominion Holdings, Inc. (DHI), formerly BDO Leasing and Finance, Inc.) reported a net income of PHP71.6 million in the first half of 2025, compared to PHP134.5 million during the same period in 2024. The decline was mainly due to the reduction in investable funds following the declaration of PHP3.2 billion in cash dividends in May 2024, as well as a lower interest rate environment.
The company continues to reinvest earnings from its investments, resulting in growth in total assets, which increased to PHP3.4 billion as of June 2025 from PHP3.3 billion in June 2024. Stockholders’ equity also rose to PHP3.4 billion, up from PHP3.3 billion, reflecting the reinvestment of earnings back into the company. Total liabilities remained minimal at PHP10.8 million.
On July 18, 2022, the SEC approved the change in corporate name of BDO Leasing and Finance Inc. to “Dominion Holdings, Inc.”, the shift in primary and secondary purposes from a leasing and financing company to that of a holding company, and the corresponding amendments to the Company’s Articles of Incorporation and By-laws.
As an investment holding company, Dominion Holdings has more flexibility in pursuing business opportunities that can enhance shareholder value.
