Up more than expected for Buffett’s corporate group

The market analysts had expected a result of around eight billion.

A year ago, the Nebraska-based company posted a loss of $43.6 billion.

But Warren Buffett has long said the loss figures may have been misleading. Instead, the now 92-year-old financial magnate has advised investors to focus on operating profit to get an idea of ​​how the more than 90 companies owned by Berkshire Hathaway are actually performing.

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