Sixth of October for Development and Investment Co SODIC SAE 2014 Annual Report
The report highlights SODIC's record-breaking operational and financial performance in 2014, achieving contracted sales of over EGP 3 billion. The company successfully resolved major land disputes, expanded its land bank with the acquisition of a 301-acre plot in New Cairo, and launched the Villette project. Financially, SODIC strengthened its balance sheet through a fully subscribed EGP 1 billion rights issue and ended the year net cash positive. Additionally, the company continued its commitment to corporate social responsibility, impacting over 6,000 families through education and slum rehabilitation initiatives.
Company: Sixth of October for Development and Investment Co SODIC SAE
Sector: Real estate
Country: Egypt
Year: 2014
Type: Annual Report
Pages: 59
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Sixth of October for Development and Investment Co SODIC SAE
Annual Report
The report highlights SODIC's record-breaking operational and financial performance in 2014, achieving contracted sales of over EGP 3 billion. The company successfully resolved major land disputes, expanded its land bank with the acquisition of a 301-acre plot in New Cairo, and launched the Villette project. Financially, SODIC strengthened its balance sheet through a fully subscribed EGP 1 billion rights issue and ended the year net cash positive. Additionally, the company continued its commitment to corporate social responsibility, impacting over 6,000 families through education and slum rehabilitation initiatives.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees