Cairo – Mubasher: Egypt’s cigarette maker Eastern Company (Eastern Tobacco) said Sunday its adjusted financial statements for the fiscal year ended 30 June showed a 40.06% rise in net profits.
The company’s net profit after tax increased to EGP 1.272 billion in FY14/15, up from EGP 908.4 million a year ago.
Eastern said earlier that financial indicators showed 27.2% growth in FY14/15 net profits.
Financial results for the nine-month period ended 31 March earlier showed EGP 841.8 million net profit, compared with EGP 704.7 million in the prior-year period.
