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Rubex moves to loss

Rubex moves to loss

ArabFinance: Rubex International for Plastic and Acrylic Manufacturing (RUBX) incurred a net loss of EGP 1.26 million in 2020, versus a net profit of EGP 6.67 million in 2019, according to the company’s filing to the Egyptian Exchange on March 1st.

The company suffered a net loss of EGP 7.73 million during the first nine months of 2020.

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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