SAN FRANCISCO (MarketWatch) — An improving economy boosted Berkshire Hathaway Inc. [s:brka][s:brkb] earnings, Warren Buffett’s conglomerate reported Saturday, with full-year earnings of about $19.5 million compared with $124.8 billion in 2012.In his annual letter to shareholders, also released Saturday, Buffett said Berkshire’s gain in net worth was $34.2 billion after deducting certain charges, The Wall Street Journal reported. Its book value, or assets minus liabilities, per Class A and B share rose 18.2%, according to the report.
“On the operating front, just about everything turned out well for us last year,” The Journal reported Buffett as writing.
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