CAIRO: Egypt’s third-largest listed property developer SODIC reported first-half net profit of 152.29 million Egyptian pounds ($19.45 million), up from 90.54 million pounds in the same period last year, the company said Wednesday.
SODIC, also known as Sixth of October Development and Investment, reported first-half revenue of 585.01 million pounds in the six months to the end of June, down from 634.88 million pounds a year ago, the company said in a statement on the Egyptian bourse. It did not give further details.