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 another three years, starting from the meeting date on 30 March, according to a bourse filing released on Thursday.

The company suffered losses of EGP 12.3 million ($1.39 million) in 2015, compared with EGP 3.7 million ($416n690) in the previous year.

The company’s stock fell in today’s session by 1.96% to EGP 7.5 ($0.84).