Brookfield Business Corporation announced its financial results for the full year ended December 31, 2024. The company reported revenue of US$8.21 billion, representing a 6.8% increase from the fiscal year 2023. This revenue growth indicates an expansion in the company's top-line performance.
Despite the revenue increase, the company recorded a net loss of US$12.17 per share for the full year 2024. This loss is a significant improvement compared to the US$45.14 loss per share reported in fiscal year 2023, indicating a reduction in the magnitude of losses.
CEO Anuj Ranjan stated that the business had a successful year, generating over $2 billion from capital recycling initiatives and acquiring two market-leading operations. These strategic actions contributed to an enhanced balance sheet strength, positioning the company for future growth.
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