BDO Unibank Inc.'s subsidiary Dominion Holdings Inc. booked a net income of P28 million in the first nine months of 2022, a 29.6-percent decline, mainly due to higher expenses, as opposed to the P39.8 million for the same period last year.
In a disclosure to the Philippine Stock Exchange on Thursday, Dominion Holdings Inc., which was formerly BDO Leasing and Finance Inc., said rising interest rates pulled up fair value gain on its investments to P49.5 million from P45 million year on year.
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