Cairo – Mubasher: Eastern Company’s ordinary general meeting (OGM) has approved the estimated budget for fiscal year 2017/2018, targeting a net profit of EGP 1.4 billion.
The company plans to increase its profits for FY17/18 by 3.7% compared to an estimated net profit worth EGP 1.35 billion for FY16/17, a bourse filing said.
The stock rose at Tuesday’s close by 0.24% to EGP 214.99.
