BorsheimsJewelry
Net income for the three months ending in March reached USD 10.11 billion, equivalent to USD 7,027 per Class A share, up from USD 4.6 billion (or USD 3,200 per share) during the corresponding timeframe in the previous year.
Operating earnings climbed to USD 11.35 billion from USD 9.64 billion a year earlier. The firm advises shareholders to pay greater attention to operating results, considering them a more reliable performance measure.
The railroad subsidiary BNSF saw its operating profit increase to USD 2.05 billion, compared with USD 1.82 billion.
The most recent quarter marked the fourteenth consecutive period in which Berkshire disposed of more shares of various companies than it acquired. However, the firm also repurchased its own stock for the first time since May 2024, spending USD 234 million on buybacks.
Berkshire's cash reserves stood at a historic high of USD 380.2 billion at the close of March.
The company's total assets grew to USD 1.25 trillion from USD 1.22 trillion one year earlier.
source: bloomberg.com
Operating earnings climbed to USD 11.35 billion from USD 9.64 billion a year earlier. The firm advises shareholders to pay greater attention to operating results, considering them a more reliable performance measure.
The railroad subsidiary BNSF saw its operating profit increase to USD 2.05 billion, compared with USD 1.82 billion.
The most recent quarter marked the fourteenth consecutive period in which Berkshire disposed of more shares of various companies than it acquired. However, the firm also repurchased its own stock for the first time since May 2024, spending USD 234 million on buybacks.
Berkshire's cash reserves stood at a historic high of USD 380.2 billion at the close of March.
The company's total assets grew to USD 1.25 trillion from USD 1.22 trillion one year earlier.
source: bloomberg.com
