Arab Finance: Eastern Company has made initial investments of $20 million to boost the efficiency of its production lines in the short term, CEO Hany Aman told Hapi Journal.

Aman also noted that the firm could add three new production lines in the long term after determining production needs.

Moreover, he pointed out that the company is currently prioritizing fulfilling the domestic demand, adding that it would consider exporting later on.

He expects the company to accept considerable export orders in the second half (H2) of 2025, in tandem with sealing contracts with other countries.

As for tobacco prices, he asserted that Eastern Company does not consider any further price increases in its products.

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