Brookfield Business Corp. Q1 Earnings Dip

Brookfield Business Corp. Class A (TSE:BBUC) has released an update.

Brookfield Business Partners has reported its financial results for the first quarter of 2024, revealing a net income of $48 million, down from $74 million in the same period last year. Adjusted EBITDA also saw a decrease to $544 million from $622 million. Despite a dip in earnings, the company announced the successful generation of approximately $300 million from capital recycling efforts and the sale of two small operations.

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