Friday, August 3, 2007

UPDATE 1-Brookfield Asset profit, revenue rise

(Reuters) - Brookfield, which earlier this week said it would spin off
a 60 percent stake in its infrastructure operations, posted a
net profit $153 million, or 24 cents a share, in the quarter
ended June 30, up from a profit of $135 million, or 20 Canadian
cents a share, in the same quarter last year.




Cash flow from operations, a closely watched measure, rose
to $440 million, or 72 cents a share, from $267 million, or 43
cents a share last year.


Read more at Reuters.com Market News

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