November 3, 2018 / 12:15 PM / 9 days ago

CORRECTED-Berkshire Hathaway operating profit nearly doubled in 3rd quarter

(Corrects to say 3rd quarter, not 2nd, in 3rd paragraph)

NEW YORK, Nov 3 (Reuters) - Berkshire Hathaway Inc on Saturday reported that its quarterly operating profit nearly doubled, with the business helped by lower taxes and stronger insurance results.

Operating profit in the third quarter rose to $6.88 billion from $3.44 billion a year earlier. (Reporting by Trevor Hunnicutt Editing by James Dalgleish)

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