BTG Posts Full-Year Profit

BTG PLC

posted a full-year profit. BTG's pretax profit for the year came in at GBP23.0 million, versus a year-ago loss of GBP10.8 million. Its revenue climbed 77% to GBP197.0 million. Its expenditure on research and development surged to GBP39.7 million from GBP32.1 million. BTG shares closed at $5.78 on Friday.