November 14, 2012 / 8:28 AM / 5 years ago

Egypt's SODIC swings to Q3 profit

CAIRO, Nov 14 (Reuters) - 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. ($1 = 6.1013 Egyptian pounds) (Reporting by Shaimaa Fayed)

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