Takween Advanced Industries Company reported earnings results for the fourth quarter and full year ended December 31, 2015. The company has reported that net loss for the fourth quarter ended December 31, 2015 was SAR 37.73 million, compared to a net loss of SAR 760,000 for the same quarter ended December 31, 2014. Operational loss for the fourth quarter ended December 31, 2015 was SAR 21.39 million, compared to an operational profit of SAR 19.10 million for the same quarter ended December 31, 2014.

The company net loss for the year ended December 31, 2015 was SAR 27.46 million, or SAR 0.78 loss per share, compared to a net profit of SAR 55.32 million, or SAR 1.58 per share, for the year ended December 31, 2014. Operational profit for the year ended December 31, 2015 was SAR 13.85 million, compared to SAR 56.86 million for the year ended December 31, 2014.