TheScreener - Eastern Company (EAST) EASTERN TOBACCO reduced its risk exposure resulting in an upgrade to Slightly Positive

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EASTERN TOBACCO reduced its risk exposure resulting in an upgrade to Slightly Positive

EASTERN TOBACCO (EG), a company active in the Tobacco industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date March 22, 2022, the closing price was EGP 11.44 and its potential was estimated at EGP 12.31.

23/03/2022 1 EN

Underlying

Eastern Company

Eastern Company SAE 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 (Moassels), as well as other related products such as cigarettes' filter rods and homogenized tobacco. Its products are divided into two segments: Export and Local products. Its Export cigarette, cigar and molasses products include such brands as Cleopatra, Taba, Golden West, President and Delta. Its Local segment offers brands, including Cleopatra, Mondial, Corona, Jose Bartolo and Legation, among others. In addition, The Company is also active in the investment, financial, commercial, industrial, agricultural, real estate and services sectors.

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EGS37091C013 Egyptian Exchange Egypt

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EASTERN TOBACCO reduced its risk exposure resulting in an upgrade to Slightly Positive

Empowering Investors

Eastern Tobacco: 3Q22/23 | Seasonality pressures volumes; Investment income supports bottom-line

Eastern Tobacco: 2Q22/23 – Local Sales Rise Supports Top-line; Upgrade FV to EGP24.72/share

Eastern Tobacco: Management Meeting Key Takeaways

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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