Investor legend Warren Buffett’s stock portfolio has opened its books in the USA and presented figures for the past quarter.
Berkshire Hathaway’s operating profit was $10.8 billion in the last quarter, 40 percent higher than in the same period last year. Warren Buffett’s conglomerate has thus reached a new record high. Previously, the peak of operating profit was reached in the second quarter, when it amounted to $10 billion.
However, the company’s overall results show an after-tax loss of $12.8 billion. In the same quarter last year, the loss was $2.8 billion.
Editorial team finanzen.net
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