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