Dominion Holdings, Inc. (formerly BDO Leasing and Finance, Inc. or BLFI) posted a net income of ₱58.3 million in 1Q 2023 compared to ₱8.6 million in 1Q 2022. Gross income expanded more than five-fold to ₱74.7 million as the firm shifted its funds to higher yielding short-term investments to take advantage of the prevailing attractive interest rates.
Total assets stood at ₱6.1 billion, bulk of which was invested in short-term investments.
