Cairo – Mubasher: SODIC consolidated statements revealed Tuesday that Q3-16 profits grew 35.5% year-on-year to EGP 10.7 million from EGP 80.2 million, according to a bourse filing.
In the first nine months, net profits reached EGP 266.5 million, higher 14.6% from EGP 232.5 million for the year-ago period.
Meanwhile, the unconsolidated results showed net profits for the nine month period declined 15% year-on-year to EGP 137.5 million from EGP 162 million.