Cairo – Mubasher: Middle East Glass Manufacturing Company said Sunday that its extraordinary general meeting (EGM) has approved the continuation of the company’s activities.
On another note, the ordinary general meeting (OGM) has adopted the financial statements for the year ended on 31 December 2016, in addition to the board and auditor’s reports on the year, according to a bourse filing.
The company suffered losses worth EGP 645.8 million in fiscal year 2016, compared to profits of EGP 25.4 million for FY15.