Cairo - Mubahser: The board of directors of Arab Polvara Spinning and Weaving decided to delay the company's extraordinary general meeting, that it will be hold on 16 January 2016.

The shareholders meeting will discuss the company's financial position.

The company reported earlier, net losses of EGP 78.72 million in the first nine months of 2015, compared with EGP 79.3 million for the same period a year earlier.