DUBAI, Jan 10 (Reuters) - Saudi Arabia's Yanbu National Petrochemical Co 2290.SE (Yansab), a subsidiary of Saudi Basic Industries Corp 2010.SE (SABIC), reported a 53.4 percent rise in fourth-quarter net profit on Tuesday, according to a bourse statement.

* Net profit of 602.85 million riyals ($160.73 million) for the three months to Dec. 31, up from 393.06 million riyals in the same period of 2015.

* Average forecast of five analysts: 615.33 million riyals.

($1 = 3.7506 riyals)

(Reporting by Tom Arnold; editing by Jason Neely) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))