The National Shipping Company of Saudi Arabia reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported net profit of SAR 327.82 million compared to SAR 566.4 million a year ago. Operational profit was SAR 349.92 million compared to SAR 594.87 million a year ago. For the full year, the company reported net profit of SAR 1,762.35 million compared to SAR 1,817.58 million a year ago. Operational profit was SAR 1,830.76 million compared to SAR 1,980.03 million a year ago. Earnings per share were SAR 4.48 compared to SAR 4.62 a year ago.