Berkshire’s third-quarter loss narrows to $2.6 billion, cash pile rises

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In the third quarter of this year, Berkshire Hathaway’s revenue was $76.934 billion, compared with $70.583 billion in the same period last year, an increase of 9%. Operating profit in the third quarter was US$7.761 billion, an increase of 20% from US$6.466 billion in the same period last year. Net loss was $2.69 billion, compared with a profit of $10.34 billion a year earlier.
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