Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion

Sharing is Caring!
  • The Omaha-based conglomerate’s operating earnings totaled $10.043 billion last quarter, 6.6% higher than the figure from the same quarter a year ago.
  • Net income totaled $35.91 billion, compared with a $43.62 billion loss during the second quarter last year.
  • Berkshire’s massive cash pile grew to $147.377 billion at the end of June, near a record and much higher than the $130.616 billion in the first quarter.
See also  House of Cards: EMU Collapses, $50 Billion Lost in Hours.
See also  Interest expense on US Federal debt is now at a record $3 billion PER DAY. (This is TRIPLE the amount paid 10 years ago and has DOUBLED in just 2.5 years)

 

www.cnbc.com/2023/08/05/berkshire-hathaway-brk-earnings-q2-2023.html

Views: 44

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.