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PratapDarpan > Blog > Buisness > Market Insight > Wildfires Dent Berkshire profit; Cash increased to 7 347.7 billion
Market Insight

Wildfires Dent Berkshire profit; Cash increased to 7 347.7 billion

PratapDarpan
Last updated: 4 May 2025 09:37
PratapDarpan
2 weeks ago
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Wildfires Dent Berkshire profit; Cash increased to 7 347.7 billion
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Omaha, Nebraska/New York, Warren Buffett’s Berkshire Hathaway on Saturday recorded a low operating pairing profit in the first quarter, due to loss of insurance from wild fire and foreign currency changes, while its cash was $ 747.7 billion.

Operating Powering Profit for Omaha, Nebraska -based mass fell 14% from 11.22 billion to 11.22 billion a year ago to $ 9.64 billion or class A. At about 6,703 d.

Net income dropped from 64% to $ 6.6 billion to $ 6.6 billion, or class A per share, $ 8.7 billion to $ 12.7 billion, reflecting unrealistic damage to common stock holdings, including Apple Pal.

Cash share reflecting difficulties in finding items for Berkshire’s purchase exceeded $ 434.2 billion at the end of the year.

He re -purchased any of his stock in the third straight quarter, and he was a net seller of stocks in the 10th straight quarter, bought $ 1 3.18 billion and sold $ 68.6868 billion.

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      Berkshire told a little about how US President Donald Trump’s tariff policies affected the results.

      It said in its quarterly report that there is significant uncertainty, “and Berkshire”, including potential impact, production costs, supply chain costs and customer demand, “unable to predict reliably.”

      The results include a loss of $ 1.1 billion on insurance claims originating from Los Angeles-Wildfires in January.

      Due to this, the overall net income from the insurance fell by almost half to 34 1.34 billion.

      Wildfire loss on GICO car insurer SET Faset continued to improve, as the premium and reduced accidents helped to push up 13%of pre -taxing profits in pre -taxed claims.

      The results of US Dollar Ler weakening results in comparison to the gain of 7 597 million a year ago include 9713 million currency-related damage.

      The results were released before the annual shareholder meeting of Berkshire in Omaha, which is part of a week of week, which draws thousands of people in the city.

      The 94 -year -old Buffett has been led by Berkshire for 60 years, transforming it into a united textile company, including GECO, BNSF Railroad, Berkshire Hathaway Energy, Dairy Queen and Cenny Candy.

      Berkshire stocks have moved the broader market in 2025, many investors seeing the company as a safe shelter in potential disruptions to the economy, including tariffs.

      In other businesses, the tariff can temporarily help the BNSF railroad, where the profit has increased by 6%.

      BNSF reported high volumes for customer products, including West Coast imports and automotive vehicles, indicating greater demand for shipments before kicking in tariffs.

      The Berkshire Hathaway Energy Raza went even better, 53% profit by broad-based benefits and less damage to home services real estate brokerage units.

      Profit in Berkshire’s production, service and retailing businesses dropped 1%.

      Berkshire’s collection of car dealership benefited from the high sales of new and use vehicles.

      But home furnishings and other retailing businesses struggled with Berkshire called “Increased competition, sluggish demand and high economic uncertainty.”

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