Onex reports US$373M Q4 profit, down from US$435M a year earlier

TORONTO — Onex Corp. reported a fourth-quarter profit of US$373 million, down from US$435 million a year earlier. The investment firm and asset manager, which keeps its books in U.S. dollars, says the profit amounted to US$4.81 per diluted share for the quarter ended Dec. 31. The result compared with a profit of US$5.32 per diluted share in the last three months of 2022. For the full year, Onex says it earned US$529 million or US$6.65 per diluted share in 2023 compared with a profit of US$235 mi