Al-Ahsa Development Co. announced interim financial results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported, net loss was SAR 12,210,436 compared to net profit of SAR 1,845,331 a year ago. Operational loss was SAR 5,044,666 compared to 512,512 a year ago. For the twelve months, the company reported, net loss was SAR 28,606,653 compared to SAR 67,095,018 a year ago. Operational loss was SAR 8,191,944 compared to SAR 4,281,396 a year ago. Loss per share was 0.67 compared to SAR 1.06 a year ago.