Abu Dhabi-Mubasher: The Abu Dhabi National Company for Building Materials (Bildco) reported losses of AED 10.3 million in the fourth quarter of 2015, against net profits of AED 1.65 million in the same quarter of 2014, according to a bourse filing on Sunday.

The company incurred losses of AED 23 million ($6.26 million) in the fiscal year 2015, compared to AED 4.73 million profits a year earlier.