The National Company For Glass Industries announced financial results for the fourth quarter and full year ended December 31, 2012. For the fourth quarter, the company incurred a net loss of SAR 1.6 million as compared a net profit to the same period last year of SAR 5.3 million. The operating profit for the fourth quarter amounted to SAR 6.7 million, as compared to the same period last year SAR 6.0 million, an increase of 11.7%.

The total net profit for the twelve month period ended December 31, 2012 amounted to SAR 43.6 million, as compared to the same period last year SAR 81.1 million, an decrease of 46.2%. The earnings per share for the twelve month period were SAR 1.46 as compared to SAR 2.70 for the same period last year. The operating profit for the twelve month period amounted to SAR 29.3 million, as compared to the same period last year SAR 32.4 million, a decrease of 9.6%.