Source: Asharq Buisness
Eastern Company - EAST has increased the prices of all its products starting from tomorrow, Saturday. The price of Cleopatra cigarettes, in all their varieties, has risen by 3 Egyptian pounds (approximately 11%), resulting in a consumer selling price of 30 pounds.
Hani Aman, the CEO and Managing Director of Eastern Company - EAST, confirmed this information to Asharq Business News. The company has slightly increased the prices of its products despite the ongoing rise in prices of imported raw materials (both tobacco and non-tobacco) from abroad, as well as the higher production costs over the past months. This decision reflects the current market challenges and economic trends.
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