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Berkshire takes Kraft Heinz writedown, operating profit falls

(Reuters) -Warren Buffett's Berkshire Hathaway (BRK-A) (BRK-B) on Saturday wrote down part of its investment in Kraft Heinz (KHC), and reported a 4% decline in second-quarter operating profit as premiums from insurance underwriting fell. Berkshire also reported a 59% decline in net income, reflecting lower overall investment gains from its common stock holdings, as well as the Kraft Heinz writedown. Operating income totaled $11.16 billion, or about $7,760 per Class A share, compared with $11.6 billion a year earlier. Net income fell to $12.37 billion from $30.35 billion. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati