Business

BDO Leasing Posts PhP387M Income for 9M 2015

Quezon—(PHStocks)—BDO Leasing & Finance Inc. (PSE: BLFI) registered a net income of PhP387 million in the first nine months of the year, slightly higher compared to the PhP378 million in the comparable period last year. The company expanded its loan and lease portfolio by 14% to Php26.4 billion, resulting in gross revenues growth of 12% to PhP1.9 billion.

The company will continue to direct its marketing efforts on growth areas and key provinces, while leveraging on its parent company’s broad market reach to keep its position among the industry’s leading players.

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