Friday, January 23, 2009

Egypt’s Eastern Tobacco

Egyptian discount cigarettes monopoly Eastern Company made a net profit of 404.6 million Egyptian pounds (72.9 million) in the first half of the fiscal year, 9.5 percent higher than the same period a year before, the firm said in a statement.

Eastern Tobacco said the results were unedited, but gave no further details on performance.

Shares in Eastern Tobacco last traded 1.04 percent down at 180 pounds. ($1 = 5.5506 Egyptian pounds)

Posted by cigarea at 13:12:08
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