Sixth of October for Development and Investment Co SODIC SAE 2013 Annual Report
The report highlights SODIC's record-breaking operational performance in 2013, achieving EGP 2.5 billion in net contracted sales and delivering 683 units across six projects. Despite strong operational results, the company reported an accounting loss due to conservative financial measures, including the impairment of its Syrian investment and a settlement with Solidere. On the community front, SODIC continued its corporate social responsibility efforts, supporting education and vocational training through the Tawasol community school and urban upgrading in Ezbet El Assaal. Additionally, the company partnered with the AUC Venture Lab to foster entrepreneurship in Egypt.
Company: Sixth of October for Development and Investment Co SODIC SAE
Sector: Real estate
Country: Egypt
Year: 2013
Type: Annual Report
Pages: 73
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Sixth of October for Development and Investment Co SODIC SAE
Annual Report
The report highlights SODIC's record-breaking operational performance in 2013, achieving EGP 2.5 billion in net contracted sales and delivering 683 units across six projects. Despite strong operational results, the company reported an accounting loss due to conservative financial measures, including the impairment of its Syrian investment and a settlement with Solidere. On the community front, SODIC continued its corporate social responsibility efforts, supporting education and vocational training through the Tawasol community school and urban upgrading in Ezbet El Assaal. Additionally, the company partnered with the AUC Venture Lab to foster entrepreneurship in Egypt.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees