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Dominion Holdings, Inc. (DHI), formerly BDO Leasing and Finance, Inc., posted a net income of β±36.5 million for the first quarter of 2025, a decline from the β±75.9 million reported in the same period last year.
The dip in earnings was primarily due to reduced funds available for investment following a β±3.2 billion cash dividend declared in May 2024.
As a result, the companyβs Total Assets dropped to β±3.4 billion from β±6.5 billion in Q1 2024, while Stockholderβs Equity also fell to β±3.4 billion from β±6.4 billion. Total Liabilities remained unchanged at β±11 million.
Dominion Holdings is an investment holding company with interests in real estate, securities, and other assets. In July 2022, it officially transitioned from a leasing and finance firm after receiving SEC approval to amend its corporate name and purposeβenabling it to pursue broader investment opportunities and enhance shareholder value.
