EARNINGS WATCH- Eastern Company reported net profits of EGP 663 mn in 4Q2019-2020, down 21% from EGP 837 mn last year, citing lower demand from the covid-19 pandemic and government curfew measures, according to an EGX filing (pdf). Sales during the quarter were also down almost 11% to EGP 3.1 bn from EGP 3.47 bn.
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