Egypt's SODIC H1 profit rises to 152.29 mln Egyptian pounds

August 19, 2015 7:52 AM

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CAIRO Aug 19 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. ($1 = 7.83...

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