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Eastern Company’s gross sales hit EGP 106.6bn in FY24/25; dividends proposed

Eastern Company’s gross sales hit EGP 106.6bn in FY24/25; dividends proposed
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Eastern Co
EAST
0.22% 45.10 0.10

Cairo – Mubasher: The net profits after tax of Eastern Company hit EGP 9.71 billion in fiscal year (FY) 2024/2025, up 6% year-on-year (YoY) from EGP 9.18 billion.

The gross revenues increased by 65% YoY to EGP 106.64 billion as of 30 June 2025, compared to EGP 64.82 billion, according to the financial results.

Regarding the cash dividends, the company’s board recommended distributing EGP 2.85 per share.

The board members authorized the chairman to convene the ordinary and extraordinary general assemblies, scheduled to be held on 13 November.

In the first nine months (9M) of FY24/25, Eastern Company posted 36% YoY higher net profits at EGP 7 billion, versus EGP 5.17 billion.