Rubex Plastics reported EGP 2.13 million in losses for the first quarter of 2015, against EGP 884,900 in profits for the same period of the previous year.

Meanwhile, the company's revenues stood at EGP 23.5 million in Q1-15, compared with EGP 18.214 million for the same period of the previous year.

The cost of goods sold reached EGP 19.9 million in Q1-15, compared with EGP 14.1 million for Q1-14.

Rubex is capitalised at EGP 50 million, distributed across 10 million shares at EGP 5 par value each.