Egypt's SODIC 9-month net profit rises to $27.9 mln
Reuters, , Sunday 15 Nov 2015


Egyptian real estate developer SODIC on Sunday reported a 9-month net profit of 224 million Egyptian pounds ($27.90 million), up from 99 million in the same period last year, the company said in a statement.

Sixth of October Development and Investment Company, the country's third-largest listed real estate developer, said revenues for the period were 890 million Egyptian pounds, down from 897 million pounds last year.

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