Dominion Holdings’ 9M 2024 Net Earnings at ₱171 million

Dominion Holdings, Inc. (DHI, formerly BDO Leasing and Finance, Inc.) recorded a net income of ₱171 million in the first nine months of 2024 compared to ₱205 million in the comparable period in 2023.

The company paid ₱3.2 billion in cash dividends in May 2024, which reduced the funds available for investment, and consequently, resulted in lower income from investments. The payment of cash dividends also reduced Total Assets and Stockholders Equity to ₱3.3 billion from ₱6.3 billion a year ago.