Wednesday 20 November 2019
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manilatimes - 13 days ago

BDO Leasing posts P38.5-M loss in first 3 quarters

BDO Leasing and Finance Inc. reported a net loss of P38.5 million in the first nine months of the year, reversing the P248 million it netted in 2018. In a disclosure on Wednesday, the Sy-led firm explained that the net loss was “due to margin compression resulting from the company’s short-term liabilities adjusting faster to [ ]


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