News Column

Brookfield Residential Q4 profit up at US$79M; cites brisker business

February 11, 2014

CALGARY _ Brookfield Residential Properties Inc. (TSX:BRP) is reporting an increase in fourth-quarter net earnings, citing an increase in closings and higher home prices. Brookfield Residential says net income was US$79 million, or 67 cents per diluted share, in the three months ended Dec. 31, compared with US$56 million, or 52 cents per diluted share, in the same 2012 period.

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Source: Canadian Press DataFile

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