Eastern denies reduced production levels and official price increases
Eastern Company (EAST.CA) confirmed that its daily production output has not been reduced and denied any official price changes of its own or foreign (under-license) cigarettes. (Mubasher, Al Masry Alyoum) Eastern Company: EGP182.26 as of 24 July 2016, Rating: Buy, FV: EGP310.00 per share, MCap: USD1,026mn, EAST EY / EAST.CA
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