Berkshire Hathaway (BRK.A.US) Q1 net profit dropped 64% year-on-year to $4.6 billion, cash reserve reached a new high.
According to the Securities Times APP, Berkshire Hathaway's first quarter revenue was $89.725 billion, nearly flat compared to $89.869 billion in the same period last year. Net profit was $4.603 billion, a 64% decrease year-on-year from $12.702 billion in the same period last year. Investment net losses in the first quarter were $5.038 billion, compared to a profit of $1.48 billion in the same period last year. As of the end of the first quarter of 2025, Berkshire Hathaway's cash position rose to $347.7 billion, reaching a new historical high (compared to $334.2 billion at the end of the previous quarter).
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