Egypt’s developer SODIC profits rise 99.1% in Q4

Cairo – Mubasher: Sixth of October for Development and Investment (SODIC) said it posted an increase of 99.1% in net profits for the fourth quarter of 2015.

The company saw net profits of EGP 88.8 million in Q4-2015, compared with EGP 44.6 million for the same period of the previous year.

In the same vein, the real estate developer registered net profits of EGP 321.3 million in 2015, up from EGP 154.3 million a year earlier.

Mubasher Contribution Time: 16-Mar-2016 09:11 (GMT)