TORONTO (AP) — TORONTO (AP) — Brookfield Corporation (BN) on Thursday reported fourth-quarter net income of $432 million.
The Toronto-based company said it had net income of 25 cents per share. Earnings, adjusted for non-recurring costs, came to $1.01 per share.
The asset management company posted revenue of $19.43 billion in the period.
For the year, the company reported profit of $641 million, or 31 cents per share. Revenue was reported as $86.01 billion.
Brookfield Corp. shares have climbed 2% since the beginning of the year. The stock has increased 43% in the last 12 months.
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