Egypt’s cigarette producer Eastern Co. (Eastern Tobacco) reported net profits of nearly EGP 842 million for the nine month period ended March 2015, a rise of 19.4% from EGP 705 million for the same period of the previous year.

The firm saw EGP 5.25 billion in revenues for this period of FY14/15, compared with EGP 4.5 billion for the corresponding period of FY13/14.

The tobacco monopoly’s profits stood at EGP 586 million for the six-month period ended December 2014, an increase of 57.5% from the same period of the preceding year.

Eastern Tobacco is capitalised at EGP 750 million, distributed across 50 million shares at EGP 15 par value each.