Dominion Holdings net income down 29% from 2021

By Eireene Jairee Gomez

Oct 28, 2022 12:14 am

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.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Cebu Landmasters eyes early March bond listing

Citicore targets Q1 start for Bataan solar project

PH1 World launches Cavite condo project

Globe pilot-tests 50-gigabit optical network technology

AREIT to join PSEi; Chinabank returns

SEC OKs Megawide's P6-B share offer plan

Mabuhay Vinyl lends to Philippine Resins