Arab Finance: The board of directors of Eastern Company (EAST) has approved a new price list of its local cigarettes brands, according to a statement filed to the Egyptian Exchange (EGX) on March 26th.
Under the new price list, the price of the 10-cigarette pack of Box 10 has been set at EGP 15, while the price of the 20-cigarette pack of Cleopatra King Size and the 20-cigarette pack of Cleopatra Soft Queen have been set at EGP 23 and EGP 24, respectively.
Moreover, the 20-cigarette pack of Boston/Belmont will cost EGP 24, and the 20-cigarette pack of Cleopatra Box will cost EGP 24.
Cleopatra Super has been priced at EGP 24 per the 20-cigarette pack and the price of Mondial (red, blue, and silver) has been set at EGP 24 per the 20-cigarette pack.
Mondial Switch (mint and blueberry), Cleopatra Black Label, and Matossian Super have been priced at EGP 24 each per the 20-cigarette pack.
Viceroy/Pall Mall has been priced at EGP 33 per the 20-cigarette pack.
The new prices have been applied as of Saturday, March 25th.
Eastern Company is an Egypt-based company, which is engaged in manufacturing tobacco products. The company’s product portfolio includes cigarettes, cigars, pipe tobacco, and molasses tobacco, as well as other related products such as cigarettes’ filter rods and homogenized tobacco.