Brookfield’s Q1 Results Show Solid Operations

Brookfield Business Partners (TSE:BBU.UN) has released an update.

Brookfield Business Partners reported its Q1 2024 results, indicating a decrease in net income to $48 million compared to $74 million in the previous year, amidst solid operational performance and strategic capital recycling. The company has seen strong margins and quality earnings, with approximately $300 million in net proceeds from selling two smaller operations. Additionally, they announced a quarterly distribution of $0.0625 per unit and hold $1.6 billion in liquidity.

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