BERKSHIRE HATHAWAY INC [BRK-B] reports annual net loss of $97.1 billion
Company Reports Revenue of $364.5 billion
By USInMinutes
Published - Mar 07, 2024, 04:24 AM ET
Last Updated - May 09, 2024, 01:54 PM EDT
BERKSHIRE HATHAWAY INC [BRK-B] has reported a net loss of $97.1 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $364.5 billion
Based in OMAHA, Nebraska, BERKSHIRE HATHAWAY INC operates in the FINANCE sector.
In the annual report for the fiscal year ending December 31, 2023, Berkshire Hathaway reported consolidated revenues of $364.482 billion, representing a significant increase compared to the previous year's revenue of $302.020 billion in 2022 and $276.185 billion in 2021. The increase in revenues was primarily driven by a rise in leasing revenues to $8.416 billion from $7.514 billion in the previous year.
