(Source: Reuters, August 7, 2021)
NEW YORK — Warren Buffett’s Berkshire Hathaway Inc. on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. Second-quarter operating profit rose 21% to $6.69 billion, or about $4,424 per Class A share, from $5.51 billion, or about $3,463 per share, a year earlier. BNSF’s profit surged 34% to $1.52 billion, as retailers replenished inventories and demand swelled for building products, grain and coal.
Full story: Reuters