HomeBusinessQ3 Berkshire Hathaway losses $2.68 bn, operating profit grows 20%.

Q3 Berkshire Hathaway losses $2.68 bn, operating profit grows 20%.

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  • In contrast to a $10.34 billion gain the year before, Berkshire Hathaway, owned by Warren Buffet, reported a net loss of $2.68 billion in the third quarter.
  • The second quarter of this year saw a $43.8 billion loss for Berkshire.
  • In the third quarter, Berkshire Hathaway’s operational profit increased 20% to $7.76 billion after taxes, exceeding analysts’ expectations.

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