Radar Telegram alerts Open Radar

The operating profit of Berkshire Hawi in the third quarter decreased by 5.8% compared to the corresponding period last year and reached 12.7 billion dollars. At the same time, the confederation significantly increased the purification of its stocks: in the quarter, about 9.6 billion dollars were sent to these operations - more than in any other period since the beginning of the year. The volume of free cash on the company's balance sheet by the end of September reached 377.4 billion dollars. Decline in quarterly profits accompanied by stock buybacks and rising cash reserves: current results, capital allocation and liquidity. Of particular importance is the combination of large-scale purchases and documentation in recent months of the company's activity in this direction. Despite large funds designed to renew shares in the third quarter, Berkshire Hathaway remains a significant cash reserve. However, its size does not explain the reasons for the decline in profits and does not allow us to consider the full sequence of results. ECONOMY

תרגם לעברית

Экономикон · · Source

The operating profit of Berkshire Hawi in the third quarter decreased by 5.8% compared to the corresponding period last year and reached 12.7 billion dollars. At the same time, the confederation significantly increased the purification of its stocks: in the quarter, about 9.6 billion dollars were sent to these operations - more than in any other period since the beginning of the year. The volume of free cash on the company's balance sheet by the end of September reached 377.4 billion dollars. Decline in quarterly profits accompanied by stock buybacks and rising cash reserves: current results, capital allocation and liquidity. Of particular importance is the combination of large-scale purchases and documentation in recent months of the company's activity in this direction. Despite large funds designed to renew shares in the third quarter, Berkshire Hathaway remains a significant cash reserve. However, its size does not explain the reasons for the decline in profits and does not allow us to consider the full sequence of results. ECONOMY

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram