Earnings Report /
Egypt

SODIC: 2Q22 – Sales boosted by the North Coast

  • OCDI achieved solid 2Q22 sales of EGP2.9 billion, up 53.9% y/y.

  • Net cash collections reached EGP1.6 billion in 2Q22 compared to EGP1.3 billion in 2Q21.

  • Margins declined due to an unfavorable delivery mix.

Al Ahly Pharos Securities Brokerage
27 July 2022

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