Rubex International for Plastic and Acrylic Manufacturing News - Mubasher Info
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Rubex International for Plastic and Acrylic Manufacturing (RUBX)

Last update: 31 July 01:29 PM market time.
10.80
0.46
4.45%
Open 10.34
Previous Close 10.34
High 11.05
Low 10.43
Stock Statistics
Volume 660,792
Turnover 7,095,780.50
All data are 15 minutes late during market session

News

The reactor will be used to produce raw polystyrene through recycling PET plastic waste
20 October 2021 00:01 PM Rubex's board decides to buy polyester production reactor for EGP 2.5m
Cairo – Mubasher: The board of directors of Rubex International for Plastic and Acrylic Manufacturing has approved the purchase of a reactor for raw polyester production for EGP 2.5 million.   The reactor will be used to produce raw polystyrene …
Corporate Actions
Rubex International posted a loss per share of EGP 0.03 in Q1-21
6 June 2021 04:59 PM Rubex International’s Q1 losses shrink 87.5%
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing incurred net losses worth EGP 972,405 during the first quarter (Q1) of 2021, down by 87.5% from EGP 7.79 million in the same period a year ago. The company has achieved a …
Financial Results
This will raise the company’s capital to EGP 150 million
25 June 2020 04:03 PM Rubex International gets FRA’s approval on capital raise
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved a request from Rubex International for Plastic and Acrylic Manufacturing to publish its invitation to shareholders to subscribe to the company’s capital raise.   The …
Corporate Actions
The company’s capital will be raised to EGP 150 million
14 April 2020 11:51 AM Rubex International’s shareholders approve capital raise
Cairo – Mubasher: The extraordinary general meeting (EGM) of Rubex International for Plastic and Acrylic Manufacturing approved a proposal to raise its issued and paid-up capital via a rights issue.   Shareholders agreed to increase the company’s …
General Assembly
Rubex’s capital may reach EGP 150 million
2 January 2020 10:20 PM Rubex International’s board approves EGP 50m capital hike
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing’s board has approved an EGP 50 million increase in the company’s issued and paid-up capital. The increase, if approved by the extraordinary general meeting, will see …
Corporate Actions
Rubex International’s net profits hiked to EGP 8.55 million in Q1-19
21 August 2019 02:04 PM Rubex International’s profit surges 346% in H1-19
Cairo- Mubasher: The financial statements of Rubex International for Plastic and Acrylic Manufacturing revealed a 346.05% year-on-year profit hike during the first half of 2019. Year-on-year, the company’s net profits soared to EGP 6.79 million in …
Companies Investments
Rubex will distribute bonus shares at a nominal value of EGP 5
13 June 2019 04:26 PM Rubex International’s board proposes EGP 4.5m capital hike
Cairo – Mubasher: The board members of Rubex International for Plastic and Acrylic Manufacturing recommended distributing bonus shares to raise the issued and paid-up capital by EGP 4.44 million. Through distributing about 889,290 bonus shares at …
Corporate Actions
Net profit reached EGP 2.06 million in the January and September period of this year
11 November 2018 01:55 PM Rubex profit drops 62% in 9M
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing on Sunday posted a 62.3% year-on-year decline in profits for the first nine months of 2018. Net profit reached EGP 2.06 million in the January and September period of this …
Financial Results
Rubex previously posted a net profit of EGP 1.52 million in the first half of 2018
31 October 2018 11:23 AM Rubex inks EGP 64m deal in New Administrative Capital
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing has signed an EGP 64 million deal to manufacture, supply, and install bathroom cabins at one of the New Administrative Capital’s megaprojects. Upon the deal, the cabins …
Companies Investments
The mutual cooperation also aims at dedicating enough production lines for electric vehicles’ spare parts industry
29 August 2018 03:35 PM Rubex partners up with Drshal to produce electric cars in Egypt
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing on Wednesday announced signing a credential protocol with Drshal Egypt to manufacture electro-plastic parts required for electric cars in the Arab world's most populous …
Companies Investments
(Photo credit: Arabianeye - Reuters)
8 March 2017 11:37 AM Rubex trims 2016 losses by 77%
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing said Wednesday that its losses declined in fiscal year 2016 by 76.9% to EGP 2.83 million from EGP 12.26 million for the fiscal year 2015. The company suffered losses worth …
Financial Results
Net losses of the first nine months of 2016 decreased to EGP 3.832 million (Photo credit: Arabianeye - Reuters)
9 November 2016 11:06 AM Rubex International turns profitable in Q3
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing Company posted on Wednesday a net profit of EGP 279,000 for the third quarter of fiscal 2016, against a net loss of EGP 1.6 million for Q3-15. Net losses of the first nine …
Financial Results
Rubex for Plastic approves capital hike
24 October 2016 11:03 AM Rubex for Plastic approves capital hike
Cairo – Mubasher: The ordinary general meeting of Rubex International for Plastic and Acrylic Manufacturing gave a nod to raising the company’s issued capital by EGP45.55 million. Following this move, the company’s capital will increase from EGP …
Initial Public Offerings
The 100,000 square metere plot will be used to build a new Rubex factory - (Photo Credit: Company Website)
4 October 2016 02:46 PM Rubex approves EGP20m land purchase
Cairo - Mubasher: Rubex International for Plastic and Acrylic Manufacturing approved an initial contract to purchase a 100,000 square metere land lot for EGP 19.5 million, according to a bourse filing. The final contract will be signed after …
Companies Investments
Photo credit: Arabianeye - Reuters
3 October 2016 11:10 AM Rubex OGM to discuss capital hike 23 October
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing invited shareholders to an ordinary general meeting (OGM) to discuss increasing the company’s capital by EGP 45.55 million. The OGM will also look into amending articles …
Corporate Actions
On Tuesday, the stock quote was placed at EGP 5.13 with a 2.66% slide - Photo Credit: Company's Website
28 September 2016 11:19 AM Rubex rights issue covered 91%
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing said Wednesday that its rights issue was covered 91.107%, according to a bourse filing. The total number of subscribed shares amounted to 9.11 million shares in the two …
Initial Public Offerings
Rubex rights issue covered 90.567% in first phase
5 September 2016 11:16 AM Rubex rights issue covered 90.567% in first phase
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing said its rights issue covered by 90.567% in its first phase. The total number of subscribed shares in 1st phase amounted to 2.07 million shares worth EGP 10.08 million. …
Corporate Actions
The company's losses widened 86% to EGP 4.11 million in H1-16- (Photo credit: Arabianeye - Reuters)
15 August 2016 08:41 AM Rubex International turns profitable in Q2
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing achieved EGP 248,800 ($27,900) profits in the second quarter of 2016 against EGP 82,970 ($9,320) losses in Q2-15. The company's losses widened 86% to EGP 4.11 million in …
Financial Results
shareholders approved doubling the company's capital
12 July 2016 10:46 AM Record date for Rubex rights issue 28 July
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing said shareholders of record till the close of trading on 28 July would be entitled to subscribe to its rights issue, according to a bourse filing. Earlier, the company’s …
Initial Public Offerings
Net losses reached EGP 4.4 million (492,250) in Q1-16 (Photo credit: Arabianeye - Reuters)
25 May 2016 10:33 AM Rubex’s losses widen 105% in Q1
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing Company’s losses deepened in the first quarter of fiscal 2016 by 104.9% year-on-year. Net losses reached EGP 4.4 million (492,250) in Q1-16, versus EGP 2.1 million …
Financial Results
A product by Rubex International for Plastic and Acrylic Manufacturing (Photo credit: Company website)
4 May 2016 10:57 AM Rubex’s EGM delays amendments to statute
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing Company’s extraordinary general meeting (EGM) decided to postpone the activity of aluminium extrusions and other activities until obtaining the necessary permits from …
General Assembly
The company suffered losses of EGP 12.3 million ($1.39 million) in 2015. (Photo credit: Arabianeye - Reuters)
31 March 2016 10:28 AM Rubex’ OGM adopts 2015’s financial results
Cairo – Mubasher: Rubex International for Plastic and Acrylic Manufacturing Company’s ordinary general meeting (OGM) approved yesterday the financial statements of the fiscal year 2015. The OGM agreed to extend the terms of the current board for …
General Assembly
Photo Credit: Arabianeye-Reuters
8 March 2016 01:42 PM Rubex losses widen 231% in 2015
Cairo – Mubasher: Rubex International for Plastic said its losses for 2015 have widened 231%. The company suffered losses of EGP 12.3 million in 2015, compared with EGP 3.7 million in the previous year.  Rubex turned to losses in the first nine …
Financial Results
Photo Credit: Arabianeye-Reuters
6 March 2016 11:53 AM Rubex board approves capital hike
Cairo – Mubasher: The extraordinary general meeting of Rubex International for Plastic gave a nod-to raise the company’s issued capital from EGP 50 million to EGP 100 million. The capital increase of EGP 50 million will be distributed across 10 …
General Assembly
Photo Credit: Arabianeye-Reuters
8 February 2016 05:56 PM Rubex shareholders to tackle capital hike to EGP 100m
Cairo – Mubasher: Rubex International for Plastic said it will hold extraordinary general meeting on 3 March. The shareholders meeting will discuss increasing the company’s issued capital to EGP 100 million through a right issue. Meanwhile, the …
General Assembly