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Sixth Of October For Development Company Sodics.A.E (Egypt)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Sixth Of October For Development Company Sodics.A.E Profile Updated: February 06, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Sixth Of October For Development Company (SODIC) is an Egyptian real estate developer, incorporated in 1996 with the aim at developing land and real estate in and around the Sixth of October City. It develops housing, office and retail property. It order to do so, the company acquires land, makes masterplans, do the planning, engineering and contracting works and then sells the completed properties in bulk or to individual customers. SODIC has undertaken several real estate projects, including Forty West, The Polygon, Allegria, Autoville, Beverly Hills, Kattameya Plaza, Eastown and Westown projects. The company was listed on Cairo and Alexandria Stock Exchange in 1998.

Legal Address
Km. 38 Cairo / Alexandria Deseret Road,Bowling Building No. 1,Sheikh Zayed City
Giza; Greater Cairo; Postal Code: 12411

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Website: http://www.sodic.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
1996
Key Executives
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Managing Director
Ownership Details
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39.68%
Subsidiaries
Beverly Hills for Management of Cities and Resorts Co. - S.A.E
Edara for Services of Cities and Resorts Co. - S.A.E
El Diwan for Real Estate Development Company - S.A.E
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EGP. Absolute financial data is included in the purchased report.
Net sales revenue
25.65%
Total operating revenue
25.22%
Operating profit (EBIT)
-22.03%
EBITDA
-16.62%
Net Profit (Loss) for the Period
4.74%
Total assets
8.27%
Total equity
11.95%
Operating Profit Margin (ROS)
-7.14%
Net Profit Margin
-2.57%
Return on Equity (ROE)
-0.87%
Debt to Equity Ratio
14.57%
Quick Ratio
-0.13%
Cash Ratio
-0.01%

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