Daily News Egypt

Eastern Company targets 9% revenue growth in FY 2021

Advertising Area




Advertising Area

Eastern Company targets 9% revenue growth in FY 2021

Eastern Company new budget targets a top-line of EGP 15.9bn, a growth of 8.6% compared to FY 2020.


The Eastern Company is expecting a sturdy performance for the next fiscal year. The company’s projected performance was outlined in a statement released on Wednesday regarding its budget for fiscal year (FY) 2020/21,

The new budget targets a top-line of EGP 15.9bn, a growth of 8.6% compared to FY 2020.

The 2021 budget also targets a bottom-line of EGP 4.3bn, about 13.2% higher than the targeted profit for FY 2020.

The cigarette and tobacco company is considered the state’s second largest supplier to the state treasury after the Suez Canal.

Topics: Eastern Company

Advertising Area

https://dailyfeed.dailynewsegypt.com/2020/07/29/eastern-company-targets-9-revenue-growth-in-fy-2021/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe