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Egypt's Sodic swings to Q3 profit

Cairo, November 14, 2012

Egypt's Sodic, the country's third-biggest listed property developer, reported a third-quarter net profit of 46.8 million Egyptian pounds ($7.67 million), the firm said in a statement carried by the stock exchange on Wednesday.

Sodic had reported a net of loss of 38 million pounds for the same period a year earlier, the statement said.-Reuters




Tags: Egypt | property | Sodic |

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