EAST earns L.E371m Profits

By Administrator On Feb 12, 2012

Eastern Tobacco (EAST) – Eastern Company has achieved net profits of L.E371.079 million during the first half of the fiscal year 2011/2012 within a growth of %46.4, compared to L.E253.525 for the fiscal year 2010/2011.

EAST sales have pushed up during this period to reach L.E2.342 billion, compared to L.E1.951 billion for the fiscal year 2010/2011. The total profit excluding the sales cost has amounted to L.E500.9 million, compared to L.E376.7 million.

The total rights of the shareholders have also risen during this period to reach L.E3.897 billion, compared to L.E3.537 billion. In addition, the total investment financing has increased to reach L.E5.381 billion, compared to L.E5 billion.