Tuesday 13 April 2021
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todayonline - 1 month ago

Berkshire Hathaway profit rises, helped by stock gains

Warren Buffett s Berkshire Hathaway Inc on Saturday said quarterly operating income rose 14%, while soaring prices of stock holdings such as Apple Inc led to a higher overall profit. Fourth-quarter operating income rose to $5.02 billion from $4.42 billion a year earlier, it said. Net income, reflecting the stock gains, rose 23% to $35.84 billion from $29.16 billion a year earlier. REUTERS


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