Eastern Tobacco to distribute EGP 10/shr dividend for 2014/15

Cairo - Mubasher: Egypt’s cigarette producer Eastern Company (Eastern Tobacco) said its board of directors gave a nod to distributing cash dividend at EGP 10 per share for the fiscal year ended June 2015.

The company's employees will receive EGP 125 million out of the total dividends value.

Meanwhile, the company's board approved the appointment of Mohammed Osman Haron as Chairman and Managing Director.

Earlier, Eastern said its financial indicators for the fiscal year 2014/15 have reflected net profits of EGP 1.115 billion, up 27.2% from EGP 908.405 million a year earlier

Mubasher Contribution Time: 30-Nov-2015 11:28 (GMT)