(CercleFinance.com) – KKR publishes a turnover of $4.42 billion for the 4th quarter of 2023, up 75% compared to the same period a year earlier ($2.52 billion).
The asset management activity reached $1.56 billion, having more than doubled compared to the 4th quarter of 2022 ($693 million), while revenues from the insurance activity reached $2.86 billion. compared to $1.83 billion a year earlier.
The total quarterly profit from investments (asset management) reached $1,506 million compared to only $5.3 million a year earlier, for a net profit group share of $1,040 million, compared to $121 million in the 4th quarter of 2022.
KKR thus recorded a diluted EPS of $1.18 in the 4th quarter, compared to $0.14 a year earlier.
Over the entire 2023 financial year, KKR recorded a group share net profit of $3,680 million, far from the loss of $590 million recorded in 2022, i.e. 2023 EPS of $4.24 compared to -$0.79 one year earlier.
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