TNK-BP first half net profit up 21 pct to $2.7bn
MOSCOW – Russian-British oil joint venture TNK-BP increased its first half 2010 net profit by 21 percent year-on-year to $2.744 billion to US GAAP, the company said on Wednesday.
First half revenue rose by 49.4 percent to $19.080 billion, and pre-tax profit by 21.8 percent to $3.565 billion, the firm was quoted by RIA Novosti as saying.
Net profit for parent company TNK-BP International increased 21.3 percent to $2.434 billion to US GAAP in the first six months of 2010.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!