Cairo-Mubasher: International Agricultural Products said on Sunday that it used the EGP 18.9 million capital increase proceeds in establishing a fertilizer plant.

The stock resumed trading after the company raised its capital from EGP 149.2 million to EGP 168.1 million.

The company posted net losses of EGP 5.1 million for the first quarter ended 30 September 2015, compared with EGP 3.5 million a year earlier.