Cairo – Mubasher: SODIC announced today, Monday, its financial results for the first nine months of 2026.
The company stated in a release that total sales during the period reached EGP 42.4 billion, representing a 116% year-on-year increase, which is nearly equivalent to the total sales of the full year 2025.
Activity revenues recorded EGP 10.8 billion, a 2% increase compared to the same period last year, while net cash collections reached EGP 16.9 billion, an 18% year-on-year increase. Gross profit reached EGP 2.8 billion with a gross profit margin of 26%.
Operating profits recorded EGP 1.4 billion with an operating profit margin of 13%, and net profit after taxes and non-controlling interests reached EGP 1.3 billion with a net profit margin of 12%.
Ayman Amer, General Manager of SODIC, stated: "We are pleased to achieve strong results during the first nine months of the year, as the third quarter witnessed robust sales driven by the outstanding performance of our projects in the North Coast. With the growth in key performance indicators, we expect this momentum to continue and to conclude the year with strong results."
