By Adriano MarcheseBrookfield Asset Management Inc. said Thursday that profit rose in the third quarter as revenue and funds from operations increased. The Toronto-based alternative asset management company said per-share earnings were 47 cents, compared with 10 cents a share in the comparable quarter a year ago. Net income attributable to common shareholders was $797 million, compared with $172 million a year ago. Funds from operations per-share rose to 85 cents from 65 cents. Write to Adriano Marchese at adriano.marchese@wsj.com(END) Dow Jones NewswiresNovember 11, 2021 07:31 ET (12:31 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.

Source: Wall Street Journal November 11, 2021 12:52 UTC