Al-Ahsa Development Company Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the year, the company reported net profit of SAR 44.62 million or SAR 0.87 per share compared to a net loss of SAR 34.6 million or SAR 0.71 loss per share for the year ended December 31, 2014. Operational loss was SAR 1.8 million compared to an operational loss of SAR 11.89 million for the year ended December 31, 2014.