Trump tariff drag on Warren Buffett’s business: Berkshire...

Dununu.com Dununu

Sponsorluk

Trump tariff drag on Warren Buffett’s business: Berkshire Hathaway profit halves after $3.76bn Kraft Heinz writedown; Q2 net slips to $12.37bn from $30.25bn YoY

RSS Feed Business

Posted

113

Berkshire Hathaway's second-quarter profit plummeted 59% to $12.37 billion, impacted by a $3.76 billion writedown on its Kraft Heinz investment. Despite this setback, operating profit only marginally decreased to $11.16 billion, surpassing Wall Street expectations. While Buffett confirmed his eventual CEO departure and BNSF showed strong performance, the company's substantial cash reserves remain untouched due to high valuations.

Read Full Article

Please log in to like, share and comment!

Voter list lapse: ECI suspends 4 Bengal officers over fake entries; accused of sharing passwords to database

By 0 7

Polygamy provision in draft bill under review: Law Minister

KATHMANDU: Minister for Law, Justice and Parliamentary Affairs Ajay Kumar Chaurasiya has said...

By 0 10

Airtel Q1 results: Net profit jumps 43% to Rs 5,948 crore as revenue, ARPU see strong growth

Bharti Airtel announced a significant increase in net profit. The company's consolidated net...

By 0 20

MP Rajendra Pandey names officials behind cooling-off period omission

KATHMANDU: Unified Socialist Party lawmaker Rajendra Pandey has publicly named three government...

By 0 29

SRK's co-star reveals writing letters for him on film set

Ahsaas Channa, recognised for her roles in 'Kabhi Alvida Naa Kehna' and 'Vaastu Shastra',...

By 0 30