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SODIC delivers 313 units across East, West Cairo projects

Businessmen Team realestates 23 July 2025 07:09 PM
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SODIC delivers 313 units across East, West Cairo projects

SODIC completed the delivery of approximately 313 units during the first half of 2025. The company delivered 148 units in East Cairo projects and 165 units in West Cairo developments, compared to 478 units handed over during the same period in 2024.

The company recorded construction-related capital expenditures of EGP 4.9 billion in the first half of 2025, up from EGP 3.1 billion in the same period of 2024.

SODIC reported a net profit after taxes and minority interests of EGP 1.3 billion, reflecting a 107 percent increase year-on-year, with a net profit margin of 27 percent. The company’s gross profit rose by 96 percent year-on-year to EGP 2.8 billion, with a gross profit margin of 58 percent.

SODIC’s operating profit reached EGP 1.8 billion, up 155 percent compared to the same period last year, with an operating margin of 38 percent.

The company’s net cash collections totaled EGP 8.5 billion during the first half of 2025, compared to EGP 5.95 billion during the same period in 2024.