BlackRock reported quarterly profit growth of nearly 30%


In the third quarter, the net profit of BlackRock, the world's largest company in terms of assets, grew by almost 30% in annual terms to $1 billion 220 million. The adjusted profit of the US investment company at 7 dollars 52 per share exceeded analysts' forecast of 6 dollars 84 per share. Since the end of September last year, the company has increased its assets under management by 8% to 6 trillion 444 billion dollars. Revenues for the quarter amounted to 3 billion 576 million dollars, an increase of 2%, while economists had predicted 3 billion 540 million dollars. The revenue of the technology division increased by 18%.

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