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SODIC's profits rise to 438.7 million pounds in 9 months

Aya Hussein

The consolidated financial statements of Sixth of October Development and Investment Company showed (SODIC), during the first nine months of 1569841243, its profits increased by 750 .4% on an annual basis.

1569841243 The company said in a statement to the Egyptian Stock Exchange, today, that it achieved a net profit of 750 87 Million pounds during the period from January to . The end of last September, versus 346.750 One million pounds during the same period of the previous year, taking into account the rights of the minority.

1569841243 The parent company’s share of profits during the period amounted to about 768.65 million pounds, compared to 346.750 Million pounds e during the same period from

.

(While the non-controlling interests recorded profits during the period amounted to 5.87 One million pounds, compared to 4. 162 million pounds during the comparative period of last year.

The company’s revenues increased During the nine months to reach 4. 23 billion pounds compared to 2.162 billion Pounds, during the same period of the previous year. . 85 million pounds during the first nine months of 2022, compared to losses amounting to 342. 7 million pounds in the comparative period of last year.

1569841243 During the first half of this year, the Sixth of October Development and Investment Company (SODIC) achieved 1569841243 , net profit amounted to

.74 million pounds during the period ending last June, compared to 768 .84 one million pound During the same period of the previous year, taking into consideration the minority rights. Six months about 342. 768 million pounds at the end of June, compared to 768 .23 million pounds during the same period last year, while the share of non-controlling interests in the profits during the period amounted to about 3.2021 One million pounds, compared to 3. 346 million pounds during the same period last year.

The company’s revenues increased during the first half of this year to reach 2.84 One billion pounds for 1. 291 billion pounds, during the same period of the previous year. .74 million pounds during the first half of

, compared to losses amounting to 84. 73 million pounds in the comparative half of last year.