The listed company reported a 14% Year on Year increase in its net profit in the second half of 2020
By Staff Writer, Arab Finance
ArabFinance: Eastern Company (EAST) posted a net profit of EGP 3.889 billion in the first nine months of 2020/2021, according to the company’s filing to the Egyptian Exchange on May 5th.
In July- March 2020, the company posted a net profit of EGP 3.131 billion.
Eastern Company is studying the production of these alternatives in terms of the ability of its consumers to use these alternatives.
The listed company reported a 14% Year on Year increase in its net profit in the second half of 2020, recording EGP 2.538 billion.
Eastern Company is an Egypt-based company, which is engaged in manufacturing tobacco products. The company’s product portfolio includes cigarettes, cigars, pipe tobacco, and molasses tobacco, as well as other related products such as cigarettes’ filter rods and homogenized tobacco.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.