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
Recent months have seen the price of a pack of locally produced cigarettes rise from 24 pounds to 60 pounds, as consumers rush to buy amid fears of a tax increase.
Egyptians smoke 100bn cigarettes annually, says Eastern Company s CEO arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.