Rajnath Singh refuses to pinpoint blame about 'rumours' on son

Rajnath Singh refuses to pinpoint blame about 'rumours' on son

There has been some reports of Rajnath Singh's son being ticked off by PM Narendra Modi...
HC moved for restoring playground used for helipad for Jaya

HC moved for restoring playground used for helipad for Jaya

A former DMK MLA has filed a plea in Madras High Court seeking restoration of football ground in a stadium in Cuddalore...

Berkshire Hathaway posts record profit in 2013

Mar 01 2014, 23:08 IST
Comments 0
Book value per share at the end of 2013 rose 18.2 percent from the end of 2012, to reach $134,973. Reuters Book value per share at the end of 2013 rose 18.2 percent from the end of 2012, to reach $134,973. Reuters
SummaryBerkshire Hathaway profit for the full year rose to $19.5 billion from $14.8 billion in 2012.

Warren Buffett's conglomerate Berkshire Hathaway posted a record profit in 2013, jumping 31 percent over the previous year, the company said in its annual report, released on Saturday.

Profit for the full year rose to $19.5 billion from $14.8 billion in 2012.

Net income rose to $4.99 billion in the fourth quarter, or $3,035 per Class A share, from $4.55 billion, or $2,757 per share, a year earlier.

Quarterly operating profit advanced to $3.78 billion, or $2,297 per share, from $2.81 billion, or $1,704 per share in the year-earlier quarter.

Analysts on average expected Berkshire to report operating earnings per share of $2,203.91, according to Thomson Reuters I/B/E/S.

Book value per share at the end of 2013 rose 18.2 percent from the end of 2012, to reach $134,973.

Chairman and chief executive Buffett released his annual letter to shareholders on Saturday, as well.

Ads by Google

More from Latest News - Industry

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...