Alujain Corporation [2170.SE] has announced its 4Q2015 financial results, showing earnings of SAR27.5 million (-39.7% Q-o-Q, -57.9% Y-o-Y). Gross profit for the period came in at SAR92 million (-29% Q-o-Q, -43.7% Y-o-Y), while operating profit reached SAR72.3 million (-34% Q-o-Q, -49.2% Y-o-Y). The company attributed the drop in earnings to a greater drop in polypropylene prices versus the decline in feedstock prices, which led to a contraction in margins. Alujain also noted that sales volumes during the quarter were higher Q-o-Q, despite the shutdown of the company's polypropylene plant. (Tadawul)