EAST
Cairo – Mubasher: Eastern Company has achieved sales worth EGP 12.14 billion during the period from July 2020 until March 2021, compared to EGP 11.36 billion during the corresponding period a year ago, according to the audited income statements.
During the third quarter (Q3) of fiscal year (FY) 2020/2021, the sales stood at EGP 3.98 billion, compared with EGP 3.67 billion in the same quarter a year earlier.
Eastern Company has recorded a 24.22% rise in net profits to EGP 3.88 billion during the first nine months of FY20/21, compared with EGP 3.13 billion in the same period a year earlier.
Earnings per share stood at EGP 1.63 in the nine-month period of FY20/21, higher than EGP 1.31 in the year-ago period.
During the first half (H1) of FY20/21, the company recorded a net profit of EGP 2.54 billion and revenues of EGP 8.16 billion.