Saudi Industrial Services Co. reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported net profit was SAR 21.89 million compared to SAR 22.03 million for the same quarter last year. Operational profit was SAR 34.05 million compared to SAR 43.49 million for the same quarter last year. Increase in revenue of SAR 8 million was over-shadowed by increases in energy prices, provision for additional warehouse rentals, and higher repair maintenance costs, decreasing the gross profit by SAR 6 million. For the year, the company reported net profit was SAR 92.09 million or SAR 1.35 per share compared to SAR 90.51 million or SAR 1.33 per share for the year similar period last year. Operational profit was SAR 161.42 million compared to SAR 172.14 million for the similar period last year. Increase in revenue of SAR 24 million, mainly from ports segment, was off-set by increases in energy prices, provision for additional warehouse rentals, and higher repair maintenance costs decreasing the gross profit marginally.