November 23, 2017 / 2:24 PM / 24 days ago

BRIEF-Eastern Co price hike of cigarettes will increase VAT and revenue

Nov 23 (Reuters) - EASTERN CO:

* DECISION TO RAISE PRICE OF CIGARETTE BRANDS WILL RESULT IN INCREASE IN VAT BY EGP 500 MILLION MONTHLY

* DECISION TO RAISE PRICE OF CIGARETTE BRANDS WILL RESULT IN INCREASE IN COMPANY'S REVENUE BY EGP 50 MILLION MONTHLY Source: (bit.ly/2BfZt4O) Further company coverage: )

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