Saudi Arabian state tanker owner Bahri has posted another drop in earnings as rates fell.
The company said net profit in the fourth quarter was down at SAR 327.82m ($87.4m), from SAR 566.4m in 2015.
It did not give a revenue figure, but added that operating profit fell to SAR 363.79m against SAR 689.63m the year before.
Annual profit dipped to SAR 1.76bn
