Riyadh – Mubasher: National Company for Glass Industries (Zoujaj) reported on Wednesday a net loss of SAR 5.7 million ($1.52 million) for the fourth quarter of fiscal 2016, against a net profit of SAR 3.5 million ($933,000) for Q4-15.
Total revenues for Q4-16 amounted to SAR 17.2 million, 47.4% down from SAR 32.7 million for Q4-15.
Net profit for the fiscal year 2016 declined 51.66% to SAR 21.8 million from SAR 45.1 million for fiscal 2015, according to a bourse statement.
