Middle East Paper Co. announced earnings results for the fourth quarter and full year ended December 31, 2016. The company has reported that net loss for the fourth quarter ended December 31, 2016 was SAR 16.772 million, compared to net profit of SAR 2.77 million for the same quarter ended December 31, 2015. Operational loss for the fourth quarter ended December 31, 2016 was SAR 57.767 million, compared to operational profit of SAR 10.550 million for the same quarter ended December 31, 2015. Net profit for the year ended December 31, 2016 was SAR 79.854 million or SAR 1.6 per share, compared to SAR 55.118 million, or SAR 1.1 per share, for the year ended December 31, 2015. Operational profit for the year ended December 31, 2016 was SAR 16.718 million, compared to SAR 81.865 million for the year ended December 31, 2015.