According to the Omaha-based conglomerate, its net loss attributable to Berkshire shareholders amounted to US$43.8 billion in the quarter ended June 30, while the group’s attributable net loss in the first six months of the year totalled US$38.3 billion.
The losses represent a major blow compared to last year’s net earnings attributable to shareholders of US$28.1 billion and US$39.8 billion, respectively, for Q2 and H1.
Operating earnings, meanwhile, grew to US$9.3 billion in the quarter and to US$16.3 billion in the six-month span. Broken down into businesses, here’s how Berkshire’s operating results stacked up:
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Source
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Q2 2022
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Q2 2021
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H1 2022
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H1 2021
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Insurance – underwriting
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US$581 million
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US$376… |
