CNN —
Warren Buffett’s Berkshire Hathaway (BRK.A) on Saturday reported operating earnings for the fourth quarter rose 71% after taxes year-over-year to a record $14.5 billion.
Operating profit in 2024 rose 27% to $47.4 billion from $37.3 billion a year earlier. Berkshire reported full-year net income of $89 billion, down 7.5% from 2023.
“Berkshire did better than I expected,” Buffett said in his annual letter to investors.
“We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these highly-liquid
→ Continue reading at CNN - Business News
