Cairo – Mubasher: Medical Packaging Company said Tuesday that it expects its fixed assets to increase by EGP 29 million in 2016, according to a bourse filing.

The addition will appear in the financial statements for the first quarter of fiscal 2016, the company explained.

The company earlier announced the addition of assets worth WGP 6 million in 2015 through launching five new product lines.

The stock dropped in today’s early session by 1.60% to EGP 1.23.