2023-08-05 21:51:19
Posted on: Sunday, August 6, 2023 – 12:50 am | Last update: Sunday, August 6, 2023 – 12:50 AM
Berkshire Hathaway, a subsidiary of US billionaire investor Warren Buffett, reported that its second-quarter net profit attributable to shareholders amounted to $35.91 billion, or $24,775 per Class A share, compared to a loss of $43.62 billion, or $29,663 per Class A share. A / in the same quarter of last year.
Investment and derivatives gains and losses included gains of $25.87 billion, compared to a loss of $53.04 billion in the previous year.
Operating profit for the second quarter grew to $10.04 billion from $9.42 billion a year earlier.
Total revenue for the quarter was $92.50 billion, up from $76.20 billion a year earlier.
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