Egypt’s Tobacco Pioneer, The Eastern Company, Sees Skyrocketing Revenues
by Egyptian Streets
Egyptian Streets— The Eastern Company, Egypt’s leading local tobacco company, has seen remarkable success over the years, with its revenues surging by 54 percent in the second quarter of the fiscal year 2023/2024. During the first two quarters of the financial year 2023/2024, the Eastern Company achieved revenues of EGP 7.9 billion (USD 163.8 million) from 1 July to 31 December 2023. The total profit for this period reached EGP 2.7 billion. In the second quarter of the fiscal year, the Eastern Company recorded...
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