Business News • MarketWire • Brookfield Investments Corporation Announces First Quarter Financial Results |
Brookfield Investments Corporation Announces First Quarter Financial Results |
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Brookfield Investments Corporation Announces First Quarter Financial Results
TORONTO, ONTARIO--(Marketwire - June 22, 2011) - Brookfield Investments Corporation (TSX VENTURE:BRN.PR.A) reported net income of $47 million for the three months ended March 31, 2011 compared with a net loss of $42 million in the same period in the prior year. Net income per common share was $1.02 compared to a loss of $0.91 in the prior year. The current quarter includes a $49 million gain on the company's indirect investment in Canary Wharf Group plc, which is held through its investment in Brookfield Europe L.P. The prior period includes $46 million of non-cash foreign exchange losses.
View More : http://www.marketwire.com/mw/release.do?id=1530445&sourceType=3
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