Dominion Holdings, Inc. reported a net income of ₱36.5 millionfor the first quarter of 2025, reflecting a year-on-year decline from ₱75.9 million in the same period last year. The company attributed the decrease primarily to a lower investment base following its ₱3.2 billion cash dividend declaration in May 2024—a strategic distribution that significantly altered its asset composition.
As a result of the substantial dividend payout, Dominion’s total assets contracted to ₱3.4 billion, down from ₱6.5 billion in Q1 2024. Stockholders’ equity mirrored this trend, declining to ₱3.4 billion from ₱6.4 billion a year earlier. Meanwhile, the company maintained a conservative financial position, with total liabilities steady at ₱11.0 million.
The financial results underscore Dominion Holdings’ ongoing transition and recalibration as a pure investment holding company, following its 2022 transformation from BDO Leasing and Finance, Inc. The strategic shift, approved by the Securities and Exchange Commission (SEC), enables the company to focus on capital deployment in real estate, securities, and corporate equity stakes, allowing for a broader and more agile investment mandate.
Despite the lower income in Q1, Dominion’s leadership remains focused on optimizing returns from its repositioned asset base and capital structure. The company’s disciplined financial management and investment flexibility are expected to support long-term shareholder value creation.
