BP’s net income topped $7.5B last year

The net profit of the British oil and gas giant BP Plc attributable to shareholders amounted to $7.565 billion last year against a loss of $20.3 billion a year earlier, Report informs referring to the company’s statement.

Diluted earnings per share were $0.4 compared to a loss of $1 a year ago. At the same time, revenue increased twice, to $164.195 billion.

In the fourth quarter, net income attributable to shareholders increased to $2.326 billion from $1.358 billion a year earlier. Diluted earnings per share were $0.12 compared to $0.67 a year ago. Revenue increased 1.7 times to $52.238 billion.