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Rubex International turns to loss

Rubex International turns to loss

ArabFinanceRubex International incurred a net loss of EGP 7,732,927 in the first nine months of 2020, according to the company’s November 15th financial statements filed to the Egyptian Exchange.

In July-September 2019, the company posted a net profit of EGP 4,504,699. 

The company’s board of directors ratified in September the subscription outcomes as the issued capital increased by EGP 43.949 million.

Rubex is an Egypt-based joint-stock shareholding company engaged in acrylic and plastic products manufacturing. The company manufactures and distributes household plastic and acrylic products that include acrylic bathtubs and corner bathtubs, acrylic shower trays, acrylic bathroom panels, and others.

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