June 16, 2024

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Berkshire Hathaway (BRK.A) Q1 2024 earnings

Berkshire Hathaway (BRK.A) Q1 2024 earnings

Warren Buffett walks the floor before Berkshire Hathaway’s annual shareholders meeting in Omaha, Nebraska on May 3, 2024.

David A. Grogen | CNBC

Berkshire Hathaway on Saturday reported a huge year-over-year increase in first-quarter operating profit, while its cash holdings rose to record levels.

The Warren Buffett-led group reported operating profits – which include profits from the company’s wholly-owned businesses – which rose 39% to $11.22 billion compared to the same period a year earlier.