Basil Read Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of SAR 4,581,144,000 against SAR 5,126,085,000 a year ago. Loss before taxation was SAR 774,577,000 against profit of SAR 4,601,000 a year ago. Loss for the year from continuing operations was SAR 1,010,903,000 against SAR 20,818,000 a year ago. Loss attributable to owner of the company was SAR 1,011,791,000 against SAR 64,128,000 a year ago. Basic and diluted loss per share from continuing operations was 768.34 cents against 23.77 cents a year ago. Net cash flows from operating activities were SAR 390,514,000 against SAR 30,255,000 a year ago. Acquisitions of property, plant and equipment was SAR 65,595,000 against SAR 128,975,000 a year ago. Headline loss was SAR 944,654,000 against SAR 28,700,000 a year ago. An operating loss is mainly attributable to onerous legacy contracts within the construction and roads divisions.