Saudi Arabia: National Gypsum has reported that net profit for the fourth quarter of 2015 fell by 66% to US$282,000 from US$828,000in the same period in 2014. Operational profit fell to US$773,000 from US$1.27m.
Net profit for the year in 2015 remained static at US$5.78m compared to US$5.79m in 2014. Operational profit fell by 36% year-on-year to US$3.47m from US$5.41m.
