Berkshire Hathaway: Q4 Operating Profit of $10.2 Billion, Down Nearly 30% Year-over-Year

Gelonghui, February 28 — Berkshire Hathaway’s operating profit for the fourth quarter was $10.2 billion, down 30% year-over-year; insurance underwriting operating profit was $1.56 billion, down 54%; insurance investment operating profit was $3.07 billion, down 25%; net profit was $19.2 billion, down 2.5% year-over-year; net income attributable to shareholders was $19.199 billion, compared to $19.694 billion in the same period last year; investment net income was $13.494 billion, compared to $5.167 billion in the same period last year.