KIEV, May 16 - Interpipe Limited, the owner of the Dnipropetrovsk-based Interpipe Company, in 2007 increased its net profit by 18% year-over-year, to $256 million, the company reported.

According to the report, the company's earnings from sales boosted by 24.3%, to $1.792 billion, and its gross profits soared by 8.7%, to $549 million, its operation profit jumped by 24.6%, to $380 million and adjusted EBITDA grew by 16.8%, to $438 million.