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 months of 2016 decreased to EGP 3.832 million from EGP 3.835 million for the same period of 2015, according to a bourse filing.

The company earlier reported a year-on-year rise of 86% in its net loss for the first half of 2016 to EGP 4.11 million.

The stock ended Tuesday’s session falling by 3.04% to EGP 6.07.