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SODIC plans to hand over 1151 units and invest EGP 5.2bn in 2019

Sunday 17 February 2019 09:49 PM


By Mostafa Talaat

Six October Development and Investment Company (SODIC) plans to hand over 1151 units and invest 5.1 billion pounds in its subsidiary projects this year.

The company said in a disclosure to the Stock Exchange that it aims to achieve net customers contracts within the range of 7.2 billion pounds, and the value of delivered units up to 5.1 billion.

It also added that the value of planned investments includes the amount of land installments and the company's share.

According to its latest results, SODIC achieved profits of EGP 612.9 million during the period from January to September 2018, compared to EGP 507.7 million in the corresponding period of 2017