Rabigh Refining and Petrochemical Company reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported net profit of SAR 183 million compared to net loss of SAR 1,009 million a year ago. Operational profit was SAR 216 million compared to operational loss of SAR 1,016 million a year ago. The profit was due to relatively stable operations. For the year, the company reported net profit of SAR 37 million or SAR 0.04 per share compared to net loss of SAR 759 million or SAR 0.87 per share a year ago. Operational profit was SAR 109 million compared to operational loss of SAR 760 million a year ago. The realized profit was because sales and production volume has increased after start-up from the T&I performed in fourth quarter of 2015.