TORONTO — Brookfield Asset Management Ltd. says it earned US$102 million in its first quarter from its stake in the asset management business it owns with Brookfield Corp.
The result compared with a profit of US$125 million or 31 cents US per diluted share in the same quarter last year. The full asset management business, which keeps its results in U.S. dollars, reported a profit attributable to the company of US$441 million, down from US$516 million a year earlier.Distributable earnings for the full asset management business for the quarter totalled US$547 million, down from US$563 million in the same quarter last year.In this article, we discuss the 10 companies to consider in the portfolio of Kevin O’Leary for 2024.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »