Berkshire’s Profit Falls on Japan Quake

Warren Buffett’s Berkshire Hathaway Inc (BRK.A) reported a smaller profit in Q1, as reinsurance losses from the March 11 earthquake in Japan dragged down results. Berkshire reported a net profit of $1.51 billion, or $917 per Class A share, compared with a profit of $3.63 billion, or $2,272 per Class A share, a year earlier. – Reuters

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

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