Brookfield Corp. BN-T reported net income attributable to shareholders of US$219-million for its latest quarter, up from US$64-million a year ago.

The company, which keeps its books in U.S. dollars, says the profit amounted to eight cents US per diluted share for the quarter ended Sept. 30, up from a profit of a penny US per share in the same quarter last year.

Revenue for the quarter totalled US$18.92-billion, down from US$20.62-billion a year ago.

Brookfield says its distributable earnings for the quarter amounted to 63 cents US per share, up from 56 cents US per share a year ago.

Brookfield president Nick Goodman says the quarter was supported by record results in its asset management business, sustained organic growth across its wealth solutions operations and the resilience of i

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