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Berkshire Hathaway On Saturday, it reported a small decline in operating revenue from the second quarter, as Warren Buffett’s conglomerate warns the negative effects of steep US tariffs.
Berkshire’s operating profit – those of the company fully enterprises, including insurance and railway roads – reduced 4% compared to a year to $ 11.16 billion in the second quarter. The results were influenced by a decline in insurance signing, while the railway line, energy, production, servicing and retail of the retail have scored higher profits than a year ago.
The Omaha -based conglomerate again issued a strict warning about President Donald Trump’s tariffs and the potential impact on his various businesses.
“The rate of changes in these events, including the tension of the development of international commercial policies and tariffs, accelerated in the first six months of 2025,” Berkshire said in his profit report. “There remains significant uncertainty about the end result of these events.”
“It is reasonable to have adverse consequences for most, if not all of our operating enterprises, as well as for our investments in securities of our own capital, which could significantly affect our future results,” the statement said.
Buffett’s money storage of $ 344.1 billion remained close to a record high, though slightly smaller than the level of $ 347 billion at the end of March. Berkshire was a net shares seller for the 11th quarter in a row, throwing a $ 4.5 billion shares in the first six months of 2025.
The conglomerate also did not buy any shares in the first half of 2025, even the shares decreased over 10% of record high.
Berkshir wrote a loss of $ 3.8 billion to his Kraft Heinz Stake, a long -standing, a more conglomers. The consumer goods giant are looking at the spine of food. Two Berkshire leaders resigned as Kraft Heinz board directors in May.
This is the first profit report after 94-year-old Buffett announced that He retires as CEO At the end of 2025, Greg Abel, Berkshire’s Vice-President for uncertainty operations, was ready to take over as CEO, while Buffett would remain as chairman of the Berkshire board.
