Taiba Holding Co. announced earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company has reported net profit of SAR 75.48 million, compared to SAR 278.37 million for the same quarter ended December 31, 2014. Operational profit was SAR 47.08 million, compared to SAR 37.4 million for the same quarter ended December 31, 2014.

For the full year, the company announced net profit was SAR 436.92 million, or SAR 2.91 per share, compared to SAR 1.21 billion, or SAR 8.09 per share, for the year ended December 31, 2014. Operational profit for the year ended December 31, 2015 was SAR 234.43 million, compared to SAR 230.97 million for the year ended December 31, 2014.