India, Feb. 22 -- Billionaire Warren Buffett's Berkshire Hathaway Inc. (BRK.A, BRK.B) reported that its fourth quarter net earnings attributable to its shareholders declined to $19.694 billion or $13,695 per Class A share from $37.574 billion or $26,043 per Class A share in the same quarter last year.
Operating earnings for the latest quarter were $14.527 billion, higher than $8.481 billion in the prior year. This was primarily due to gains in its insurance operations and from foreign currency benefits.
Insurance investment income jumped to $4.088 billion from $2.759 billion in the last year. Investment gains for the quarter fell to $5.167 billion from last year's $29.093 billion.
For the year ending December 31, 2024, the company's net ...