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India's ITC Ltd June qtr profit up about 7.4 pct

Thursday, 27 Jul 2017 09:16am EDT

July 27 (Reuters) - India's Itc Ltd :June quarter profit 25.61 billion rupees versus profit of 23.85 billion rupees last year.Consensus forecast for June quarter net profit was 25.81 billion rupees.June quarter total income 142.77 billion rupees versus 136.74 billion rupees last year.

Indonesian cigarette maker HM Sampoerna H1 profit down nearly 2 pct

Thursday, 27 Jul 2017 05:24am EDT

July 27 (Reuters) - Indonesian cigarette maker PT Hanjaya Mandala Sampoerna Tbk said in a stock exchange filing::First-half net profit 6.05 trillion rupiah ($454.3 million) versus 6.15 trillion rupiah a year ago.

British American Tobacco Zimbabwe reports HY pretax profit of $6.5 mln

Wednesday, 26 Jul 2017 04:20am EDT

July 26 (Reuters) - BRITISH AMERICAN TOBACCO ZIMBABWE ::HY ENDED JUNE 2017 PROFIT BEFORE INCOME TAX OF $6.5 MILLION VERSUS $5.1 MILLION YEAR AGO.HY REVENUE OF $16.7 MILLION VERSUS $16.8 MILLION YEAR AGO.BRITISH AMERICAN TOBACCO ZIMBABWE - PROPOSING DECLARATION OF INTERIM DIVIDEND AMOUNTING TO $0.22 PER SHARE, AN INCREASE OF 22% VERSUS 2016.SAYS TRADING CONDITIONS ARE EXPECTED TO REMAIN CHALLENGING IN 2017, DESPITE MEASURES IMPLEMENTED TO ALLEVIATE THE CURRENCY SHORTAGES IN COUNTRY.

Egypt's Eastern FY profit rises

Wednesday, 26 Jul 2017 03:49am EDT

July 26 (Reuters) - EASTERN CO ::FY NET PROFIT EGP 1.74 BILLION VERSUS EGP 1.48 BILLION YEAR AGO.FY REVENUE EGP 10.54 BILLION VERSUS EGP 7.65 BILLION YEAR AGO.

Moody's says price hikes and cost cuts light a stable fire for European tobacco sector's outlook

Wednesday, 26 Jul 2017 02:15am EDT

July 26 (Reuters) - Moody's on European tobacco sector - :Moody's: price hikes and cost cuts light a stable fire for european tobacco sector's outlook.Moody's says price hikes combined with stronger product mix and cost cuts will help European tobacco Co grow operating profits at 5.0 pct - 6.0 pct over next 12-18 months.Moody's on European tobacco sector: in U.S. and Europe, price hikes, robust product mix and cost cutting will offset falling cigarette sales on operating profit growth.Moody's on European tobacco sector: alternative products will continue to gain traction, but unlikely to make significant impact on operating profits.Moody's on European tobacco sector - Philip Morris International will benefit from both U.S. dollar weakness and currency stability in emerging markets where it generates around 50 percent of its operating income.Moody's on European tobacco sector says cigarette consumption continues to increase in Middle East and Africa, but is declining in Russia.

Eastern Co says cigarette price hikes to increase FY 2017-18 revenue

Tuesday, 25 Jul 2017 09:10am EDT

July 25 (Reuters) - EASTERN CO :EXPECTS INCREASE IN REVENUE OF ABOUT EGP 300 MILLION FOR FY 2017-2018, DUE TO PRICE HIKE OF SOME CIGARETTE BRANDS.SAYS INCREASE IN REVENUE OF ABOUT EGP 300 MILLION IS IN ADDITION TO CO'S REVENUE FORECAST OF EGP 12.23 BILLION FOR 2017-2018.

BAT completes $49 billion Reynolds acquisition

Tuesday, 25 Jul 2017 08:34am EDT

July 25 (Reuters) - British American Tobacco Plc :BAT COMPLETES ACQUISITION OF REYNOLDS.

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