Berkshire Hathaway Q3 operating profit falls 5.8% to $12.71 billion

Briefing by News4U · First published

Berkshire Hathaway posted a 5.8% decline in third-quarter operating profit to $12.71 billion and a 28% drop in net income to $22.11 billion, citing weaker insurance underwriting results. The company repurchased $9.6 billion of its shares during the quarter and ended September with a record cash reserve of $377.4 billion. [1] [2] [3]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. 快讯

    Wall Street CN · · Full text

  3. 伯克希尔哈撒韦第三季度加快股票回购,营业利润下滑

    Sina Finance · · Full text

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