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TNK-BP posts $5 bln net profit for 2007

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MOSCOW, April 3 (RIA Novosti) - The Russian-British joint oil venture TNK-BP posted a net profit of $5 billion in 2007, CEO Robert Dudley said on Thursday.

He said the company's revenue stood at $32 billion in 2007 against $24.6 billion in 2006, and that earnings before interest, tax, depreciation and amortization (EBITDA) stood at $9 billion in the reporting year against $11.2 billion a year earlier.

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