Berkshire working revenue rises, buys again extra inventory By Reuters
© Reuters. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks via the exhibit corridor as shareholders collect to listen to from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder assembly in Omaha
(Reuters) – Warren Buffett’s Berkshire Hathaway (NYSE:) Inc on Saturday stated first-quarter working revenue rose 20%, and that it prolonged its latest aggressive inventory repurchases by shopping for again $6.6 billion of its personal inventory.
Working revenue elevated to $7.02 billion, from $5.87 billion a yr earlier.
Berkshire additionally reported internet earnings of $11.71 billion, or $7,638 per Class A share, in contrast with a internet lack of $49.75 billion, or $30,653 per share, a yr earlier.
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