March 22, 2018 / 7:49 AM / a month ago

BRIEF-Egypt's Eastern, Al-Mansour to Jointly Manufacture West Cigarette

Reuters Staff

1 Min Read

March 22 (Reuters) - EASTERN CO:

* SIGNS MANUFACTURING CONTRACT WITH AL-MANSOUR INTERNATIONAL DISTRIBUTION CO FOR 5-YEARS STARTING MARCH 21, 2018

* SAYS UNDER AGREEMENT AL-MANSOUR INTERNATIONAL TO JOINTLY MANUFACTURE CIGARETTES BRAND WEST AT EASTERN CO’S FACILITIES

* UNDER AGREEMENT AL-MANSOUR INTERNATIONAL WILL MARKET, DISTRIBUTE AND SELL PRODUCT IN EGYPT

* EXPECTS 281 MILLION WEST CIGARETTES SALE IN 2018 AT PRICE OF EGP 18 PER PACK

* BOTH COMPANIES TO SHARE EQUAL PROFIT AFTER DEDUCTING ALL SALES AND MARKETING EXPENSES OF WEST PRODUCT Source: (bit.ly/2ptwEwK) Further company coverage:

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