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Eastern Co. achieves record sales in November

Eastern Co. achieves record sales in November
Eastern Co. logged net profits of EGP 1.163 billion in three months
Eastern Co
EAST
-0.37% 27.00 -0.10

Cairo – Mubasher: Eastern Co. said that the volumes of production and sales reached record levels in November with more than 6 million billion cigarettes sold during the month.  

The tobacco manufacturer said that this level of sales and production has not been achieved before in one month, according to a bourse disclosure on Wednesday.

During the first quarter (Q1) of fiscal year 2020/2021, Eastern Co. logged net profits of EGP 1.163 billion, up by 10% from EGP 1.059 billion in the year-ago period.