Egypt Independent

Egypt’s Eastern Co. profit falls 26 pct to $105 million



Egypt's Eastern Company posted a net profit of LE631 million (US$105.9 million) for the full year to the end of June, down 26 percent from a year earlier, the stock exchange said.

The cigarette monopoly made net profit of LE850.4 million in fiscal year 2009/2010, according to a statement sent to the bourse.