Home Tech/AIIndustry & Trade Egypt’s Eastern Full-Year Unaudited Net Profit Rises 11.4%

Egypt’s Eastern Full-Year Unaudited Net Profit Rises 11.4%

by Yomna Yasser

Egypt’s cigarette monopoly Eastern Tobacco (EAST.CA) posted an 11.4 percent rise in unaudited net profit for the fiscal year which ended in June, the firm said in a statement to the bourse on Sunday.

Net profit rose to 754.4 million Egyptian pounds ($109.52 million) from 677.1 million a year earlier, it said.

Source: Reuters

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