Summary Box: Berkshire Hathaway 1Q profit falls (AP)
LOWER PROFIT: county Hathaway Inc.'s first-quarter profit fell 58 proportionality to $1.5 billion, or $917 per Class A share, from $3.6 billion, or $2,272 per Class A share, a assemblage ago. Revenue chromatic to $33.7 billion, up from $32 1000000000 terminal year.
INSURANCE LOSSES: The sharp modify in earnings was cod to powerful losses to the company's shelter portion as a termination of the field disasters in Japan, New Sjaelland and Australia.
BRIGHT SPOT: Berkshire's shelter portion overall, which includes auto and home insurer Geico, ease contributed $131 million to net income because of investment gains.
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