Warren Buffett’s Berkshire Hathaway Operating Earnings Soar | Global News Avenue

Warren Buffett’s Hathaway (brk.a; bk.b) reported Saturday that operating revenue in the fourth quarter rose more than 70% year-on-year.

The group’s operating income was US$14.53 billion, up from US$8.48 billion a year ago. Berkshire’s total operating income in 2024 was $47.44 billion, up 27% from $37.35 billion the previous year.

“Berkshire performed better than I expected in 2024, although 53% of our 189 operations fell in revenue,” Buffett wrote in his annual letter to shareholders. “As Treasury yields increase, we are helped by predictable returns from predictable investment income, and we greatly increase our holdings in these highly liquid short-term securities.”

Last quarterBerkshireAAPL) and Bank of America (BAC).

In the fourth quarter, Berkshire Exit its location In Ulta Beauty (Ulta) After purchasing it in the second quarter, then download it in the third quarter more than 96% stake. Although Berkshire made no changes to its Apple Holdings, it has offended 117 million shares of Bank of America and now owns about 680 million shares or nearly 9% of the bank.