Eastern Company (EAST) has delivered a sound set of results in Q4 FY2018/19, where earnings increased and margins improved despite flat revenue growth. Lower costs and provisions helped boost the quarter’s bottom-line y/y growth. We maintain our 12M PT at EGP20.65/share and our rating at Overweight / Moderate Risk.
For more details, please read the full report below.

190911-EAST-Q4-2018-19-Results-En