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Eastern Company SAE (EAST.CA)

EAST.CA on The Egyptian Exchange

15.40EGP
14 Jul 2019
Change (% chg)

£0.03 (+0.20%)
Prev Close
£15.37
Open
£15.37
Day's High
£15.45
Day's Low
£15.35
Volume
1,443,718
Avg. Vol
1,472,641
52-wk High
£22.67
52-wk Low
£14.60

Latest Key Developments (Source: Significant Developments)

Egypt's Eastern Company Nine-Month Profit Falls
Tuesday, 30 Apr 2019 

April 30 (Reuters) - EASTERN COMPANY ::NINE-MONTH NET PROFIT AFTER TAX EGP 2.90 BILLION VERSUS EGP 3.44 BILLION YEAR AGO.NINE-MONTH REVENUE EGP 10.46 BILLION VERSUS EGP 10.03 BILLION YEAR AGO.  Full Article

Egypt's Eastern Co Expects Around 20 Pct Increase In FY 2018-2019 Revenue
Sunday, 18 Nov 2018 

Nov 18 (Reuters) - EASTERN COMPANY ::EXPECTS AROUND 20 PERCENT INCREASE IN REVENUE IN FY 2018-2019.  Full Article

Eastern Co Postpones Share Offering
Sunday, 21 Oct 2018 

Oct 21 (Reuters) - EASTERN COMPANY ::SHARES OFFERING OF COMPANY HAS BEEN POSTPONED DUE TO FLUCTUATIONS IN INTERNATIONAL AND DOMESTIC MARKETS.  Full Article

Egypt's Eastern Co Says Proposed FY Dividend EGP 1.8 Bln
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - EASTERN COMPANY ::SAYS PROPOSED DIVIDEND VALUE FOR YEAR 2017-2018 EGP 1.8 BILLION.  Full Article

Egypt's Eastern Board Approves FY Dividend
Tuesday, 3 Apr 2018 

April 3 (Reuters) - EASTERN CO ::BOARD APPROVES FY CASH DIVIDEND OF EGP 30 PER SHARE BEFORE SPLIT OR EGP 10 PER SHARE AFTER SPLIT‍​.BOARD APPROVES TO DISTRIBUTE 0.5 BONUS SHARE FOR EVERY SHARE.BOARD APPROVES AUTHORISED CAPITAL INCREASE TO EGP 4.5 BILLION FROM EGP 3 BILLION.BOARD APPROVES ISSUED AND PAID-UP CAPITAL INCREASE TO EGP 2.25 BILLION FROM EGP 1.5 BILLION.  Full Article

Egypt's Eastern, Al-Mansour to Jointly Manufacture West Cigarette
Thursday, 22 Mar 2018 

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 .  Full Article

Egypt's Eastern Co Board Approves 3:1 Stock Split
Monday, 26 Feb 2018 

Feb 26 (Reuters) - EASTERN CO ::BOARD APPROVES 3:1 STOCK SPLIT, SHARE PAR VALUE TO BE EGP 5 INSTEAD OF EGP 15.  Full Article

Eastern Co Forecasts 2018-19 Net Profit of EGP 3.25 Bln
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - EASTERN CO ::SEES FY 2018-2019 NET PROFIT AFTER TAX EGP 3.25 BILLION.  Full Article

Egypt's Eastern Co to Launch New Product with British American Tobacco
Sunday, 3 Dec 2017 

Dec 3 (Reuters) - EASTERN CO ::TO LAUNCH NEW PRODUCT 'PALL MALL' IN PARTNERSHIP WITH BRITISH AMERICAN TOBACCO CO DURING DEC AT CONSUMER SALES PRICE OF EGP 18.  Full Article

Eastern Co price hike of cigarettes will increase VAT and revenue
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - EASTERN CO ::DECISION TO RAISE PRICE OF CIGARETTE BRANDS WILL RESULT IN INCREASE IN VAT BY EGP 500 MILLION MONTHLY.DECISION TO RAISE PRICE OF CIGARETTE BRANDS WILL RESULT IN INCREASE IN COMPANY'S REVENUE BY EGP 50 MILLION MONTHLY.  Full Article

MIDEAST STOCKS-Property firms bolster Dubai, oil prices lift Saudi

* Emaar Properties highest since May * Aldaar Properties up on government projects * Nine of 11 Saudi banks gain * Qatar's QNB posts 4% rise in H1 profit * Kuwait surges for tenth day By Ateeq Shariff July 10 Dubai stocks rose sharply on Wednesday as all real estate shares gained, while banks drove the Saudi market higher amid rising oil prices and after EFG Hermes forecast higher second quarter profit for Saudi lenders. Oil prices rose more than 2% a