Brookfield Corporation Reports Strong Q2 Results

Distributable Earnings Jump 80% to $2.1 Billion

WEB PRESENTATION

Operator: Welcome to the Brookfield Business Partners Second Quarter 2024 Results Conference Call.

Investors, analysts, and other interested parties can access Brookfield Business Partners second quarter 2024 results.

WEB CORPORATE STATEMENT

"Our financial results in the second quarter were strong," said Nick Goodman, President of Brookfield Corporation. "Each of our businesses continued to execute on our strategic priorities and generate solid returns."

WEB FINANCIAL DATA

Brookfield Corporation (NYSE:BN) reported strong second quarter 2024 results on August 8, 2024, at 10:00 AM ET.

Key highlights include:

• Distributable earnings increased by 80% to $2.1 billion.
• Net income rose by 5% to $1.5 billion.
• Total assets grew by 10% to $124.5 billion.
• Return on equity was 12.1%, compared to 10.3% in the same period last year.