Berkshire Hathaway Q3 operating profit falls 5.8% to $12.7 billion
Briefing by News4U · First published
Sina Finance reported that Berkshire Hathaway’s third-quarter operating profit fell 5.8% year-on-year to $12.7 billion, mainly due to a 43% decline in insurance underwriting profit. The company repurchased a record $9.6 billion of its shares during the quarter and ended September with cash, cash equivalents and short-term U.S. Treasury holdings of $377.4 billion. [1]
Sources
- 伯克希尔第三季度营业利润下降5.8%，却创纪录回购96亿美元股票，现金储备升至3774亿美元
Sina Finance · · Full text