Berkshire Hathaway Inc.'s revenues for the first quarter of 2023 landed at $85.3 billion, rising compared to the $17.8 billion gain reported in the same three-month period of 2022.
The company's quarterly operating profit increased by 13% to $8.07 billion. Its net earnings attributable to Berkshire Hathaway shareholders were at $35.5 billion in the first quarter, while its total net earnings stood at $35.7 billion.
Warren Buffett's conglomerate also said it repurchased $4.4 billion of its stock in the three months ending with March.