Real estate giant SODIC reported a 150% y-o-y increase in net income in the first nine months of 2025 to EGP 2.4 bn, driven by higher deliveries and an increase in revenues, according to the company's latest earnings release (pdf).

(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

The developer’s revenues rose 69% y-o-y to EGP 10.6 bn in 9M 2025, driven mainly by deliveries in its West Cairo projects, which accounted for 77% of delivered value during the period, while East Cairo contributed 22%.

SODIC delivered 908 units during the nine-month period, up from 755 units in 9M 2024, reflecting steady construction progress and sustained demand across its residential portfolio. West Cairo contributed 696 of these deliveries, while projects in East Cairo accounted for the remaining 212 units.

Tags: