Astra Industrial Group reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported that net profit was SAR 3,313,847, compared to a net loss of SAR 65,194,123 for the same quarter ended December 31, 2015. Operational loss was SAR 21,344,756, compared to SAR 49,856,313 for the same quarter ended December 31, 2015. Net profit achieved in general due to increase in gross profit in pharmaceuticals sector and decrease in gross losses in Power and Steel sector while noting that it has partially offset by higher G&A in Holding Company and others sector and decrease in other expenses mainly from lower currency exchange losses exchange losses in the Pharmaceuticals sector and Specialty Chemicals sector. Revenue of the current quarter is SAR 405,161,318 compared to SAR 422,920,256 for the similar quarter last year, a decrease of 4.2%. Net profit for the year ended December 31, 2016 was SAR 45,069,544, or SAR 0.56 per share, compared to SAR 6,712,843, or SAR 0.08 per share, for the year ended December 31, 2015. Operational profit was SAR 13,242,198, compared to SAR 2,686,752 for the same period ended December 31, 2015. Revenue of the period is SAR 1,753,804,312 compared to SAR 1,760,092,959 for the similar period last year, a decrease of 0.4%.