Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4B | 4.6B | 4.2B | 3.7B | 2.1B | 2.3B | 2.7B | 2.7B | 2.2B | 3.0B | 3.3B | 3.7B | 2.8B | 2.4B |
| Revenue Growth % | -2.8% | 8.5% | 14.3% | 74.5% | -7.3% | -15.6% | -2.0% | 23.9% | -26.1% | -9.3% | -10.1% | 30.5% | 16.0% | -- |
| Total Revenue | 4.4B | 4.6B | 4.2B | 3.7B | 2.1B | 2.3B | 2.7B | 2.7B | 2.2B | 3.0B | 3.3B | 3.7B | 2.8B | 2.4B |
| Cost Of Revenue | 4.0B | 4.2B | 4.0B | 3.4B | 1.8B | 1.9B | 2.4B | 2.5B | 2.0B | 2.8B | 3.0B | 3.5B | 2.6B | 2.3B |
| Gross Profit | 456.0M | 387.0M | 234.0M | 259.0M | 303.0M | 383.0M | 267.0M | 251.0M | 251.0M | 208.0M | 265.0M | 162.0M | 217.0M | 178.0M |
| Gross Margin % | 10.3% | 8.5% | 5.6% | 7.0% | 14.4% | 16.8% | 9.9% | 9.1% | 11.3% | 6.9% | 8.0% | 4.4% | 7.7% | 7.3% |
| Total Operating Cost | 4.4B | 4.6B | 4.2B | 3.6B | 2.1B | 2.1B | 2.6B | 2.7B | 2.1B | 2.9B | 3.2B | 3.6B | 2.7B | 2.3B |
| Selling Expenses | 68.9M | 71.6M | 77.2M | 108.0M | 110.0M | 96.3M | 77.7M | 60.4M | 46.2M | 55.1M | 49.4M | 38.7M | 26.3M | 20.1M |
| Admin Expenses | 78.1M | 55.9M | 30.7M | 30.6M | 31.9M | 42.1M | 34.4M | 34.1M | 37.5M | 30.5M | 22.1M | 19.8M | 17.1M | 16.2M |
| Rd Expenses | 4.0M | 16.9M | -- | 1.5M | 1.5M | 2.0M | 1.6M | 641,200 | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 96.0M | 72.6M | 64.3M | 58.9M | 84.0M | 88.5M | 79.4M | 56.3M | 53.9M | 50.6M | 41.1M | 41.6M | 36.6M | 23.5M |
| Operating Income | 272.0M | 137.0M | 68.0M | 58.8M | 56.6M | 65.4M | 43.5M | 77.5M | 67.5M | 76.5M | 128.0M | 139.0M | 117.0M | 101.0M |
| Operating Margin % | 6.1% | 3.0% | 1.6% | 1.6% | 2.7% | 2.9% | 1.6% | 2.8% | 3.0% | 2.6% | 3.9% | 3.8% | 4.1% | 4.2% |
| Non Operating Income | 79,300 | 42,500 | 267,400 | 7,100 | 96,000 | 12,900 | 1,000 | 3.8M | 5.8M | 4.3M | 4.7M | 9.7M | 107,200 | 2.4M |
| Non Operating Expenses | 1.0M | 304,500 | 82,400 | 6.2M | 1.3M | 8.2M | 2.0M | 135,600 | 200.00 | 39,800 | 66,500 | 167,600 | 6,000 | 60,200 |
| Investment Income | 4.0M | 18.8M | -266,200 | -3.5M | -12.2M | -88.6M | 8.9M | 13.9M | -43.7M | 24.4M | 18.5M | 63.4M | 1.8M | -3.7M |
| Fair Value Change Income | 200.0M | 193.0M | -- | -- | 11.8M | 15.3M | -33.2M | -18.0M | 10.3M | 1.2M | -26.2M | 33.6M | -7.0M | 12.3M |
| Asset Disposal Income | 2.2M | 308,000 | 8.2M | 100,800 | -- | 67,000 | 32,600 | 56,500 | -51,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 125.0M | 248.0M | -- | -- | -- | -- | -3.6M | 9.1M | 189,000 | 10.2M | 559,800 | 1.9M | 882,900 | 12.7M |
| Other Income | 2.8M | 4.8M | 10.2M | 4.9M | 4.8M | 1.6M | 2.8M | 2.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 271.0M | 137.0M | 68.2M | 52.6M | 55.4M | 57.2M | 41.5M | 81.2M | 73.2M | 80.8M | 133.0M | 149.0M | 117.0M | 103.0M |
| Income Tax | 103.0M | 44.2M | 22.0M | 19.1M | 27.0M | 25.6M | 13.5M | 24.7M | 24.5M | 23.5M | 34.5M | 37.8M | 29.3M | 26.0M |
| Net Income | 169.0M | 93.0M | 46.2M | 33.5M | 28.5M | 31.6M | 28.0M | 56.4M | 48.7M | 57.4M | 98.5M | 111.0M | 87.4M | 77.1M |
| Net Margin % | 3.8% | 2.0% | 1.1% | 0.9% | 1.3% | 1.4% | 1.0% | 2.1% | 2.2% | 1.9% | 3.0% | 3.0% | 3.1% | 3.2% |
| Net Income Attributable | 217.0M | 173.0M | 47.1M | 34.1M | 28.8M | 37.4M | 29.6M | 62.6M | 58.2M | 60.4M | 98.4M | 111.0M | 87.1M | 76.9M |
| Minority Interest | -47.8M | -79.7M | -893,400 | -610,600 | -344,200 | -5.8M | -1.7M | -6.1M | -9.5M | -3.1M | 102,200 | 297,300 | 207,300 | 185,900 |
| Eps Basic | 0.85 | 0.67 | 0.19 | 0.13 | 0.11 | 0.15 | 0.12 | 0.42 | 0.39 | 0.40 | 0.82 | 0.98 | 0.77 | 0.68 |
| Eps Diluted | 0.85 | 0.67 | 0.19 | 0.13 | 0.11 | 0.15 | 0.12 | 0.42 | 0.39 | 0.40 | 0.82 | 0.98 | 0.77 | 0.68 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 470.0M | 511.0M | 345.0M | 438.0M | 627.0M | 551.0M | 510.0M | 401.0M | 355.0M | 390.0M | 589.0M | 247.0M | 280.0M | 243.0M |
| Trading Financial Assets | 394.0M | 194.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 171.0M | 184.0M | 102.0M | 175.0M | 196.0M | 230.0M | 126.0M | 194.0M | 160.0M | 170.0M | 98.2M | 11.6M | 7.4M | 4.5M |
| Notes Receivable | 41.5M | 5.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 50.0M | -- |
| Notes And Accounts Receivable | 213.0M | 190.0M | 102.0M | 175.0M | 196.0M | 230.0M | 126.0M | 194.0M | 160.0M | 170.0M | 98.2M | 11.6M | 57.4M | 4.5M |
| Prepayments | 14.2M | 22.3M | 1.7M | 6.6M | 7.9M | 16.7M | 9.0M | 7.1M | 6.9M | 5.0M | 7.0M | 7.7M | 4.2M | 2.7M |
| Inventory | 3.2B | 2.6B | 2.1B | 2.0B | 2.2B | 2.0B | 1.8B | 1.5B | 1.5B | 1.3B | 1.0B | 789.0M | 519.0M | 471.0M |
| Total Current Assets | 4.5B | 3.7B | 2.7B | 2.8B | 3.1B | 2.9B | 2.6B | 2.3B | 2.2B | 2.1B | 1.8B | 1.1B | 1.0B | 742.0M |
| Long Term Equity Investment | 2.8M | 2.8M | 4.1M | 4.2M | 6.9M | 9.0M | 8.7M | 8.1M | 8.1M | 7.0M | -- | -- | 10.5M | 27.5M |
| Fixed Assets | -- | 440.0M | 243.0M | 268.0M | 283.0M | 296.0M | 305.0M | 172.0M | 165.0M | 98.1M | 99.3M | 103.0M | 11.5M | 13.0M |
| Fixed Assets Total | 832.0M | 440.0M | 243.0M | 268.0M | 283.0M | 296.0M | 305.0M | 172.0M | 165.0M | 98.1M | 99.3M | 103.0M | 11.5M | 13.0M |
| Construction In Progress | -- | 377.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 22.0M | 377.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 47.1M | 46.2M | 3.0M | 3.2M | 3.3M | 3.2M | 3.1M | 2.8M | 4.0M | 5.1M | 6.4M | 6.4M | 4.2M | 2.7M |
| Long Term Deferred Expenses | 11.1M | 16.6M | 17.8M | 28.3M | 38.9M | 48.9M | 52.7M | 51.8M | 61.5M | 63.4M | 38.2M | 8.5M | 12.5M | 14.3M |
| Total Non Current Assets | 1.4B | 1.5B | 437.0M | 471.0M | 437.0M | 470.0M | 487.0M | 293.0M | 307.0M | 226.0M | 194.0M | 152.0M | 39.0M | 61.2M |
| Total Assets | 5.8B | 5.2B | 3.1B | 3.2B | 3.6B | 3.4B | 3.1B | 2.6B | 2.6B | 2.3B | 2.0B | 1.2B | 1.1B | 803.0M |
| Short Term Borrowings | 1.3B | 1.1B | 1.1B | 1.1B | 1.3B | 1.1B | 989.0M | 695.0M | 825.0M | 711.0M | 537.0M | 306.0M | 409.0M | 294.0M |
| Accounts Payable | 222.0M | 173.0M | 16.8M | 19.7M | 23.0M | 35.8M | 57.1M | 48.9M | 20.4M | 18.5M | 4.5M | 6.8M | 4.2M | 5.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 112.0M | 45.0M | 10.0M | 47.9M | 40.8M | 4.7M | 22.0M | 2.9M | 14.7M |
| Contract Liabilities | 157.0M | 46.2M | 52.0M | 28.9M | 106.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.5B | 2.9B | 1.7B | 1.9B | 2.3B | 2.2B | 1.8B | 1.4B | 1.4B | 1.2B | 917.0M | 701.0M | 637.0M | 471.0M |
| Long Term Borrowings | 403.0M | 632.0M | 29.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 534.0M | 745.0M | 93.4M | 69.4M | 17.9M | 27.1M | 49.8M | 21.2M | 25.5M | 9.6M | 8.5M | 14.6M | 1.3M | 3.1M |
| Total Liabilities | 4.0B | 3.6B | 1.8B | 2.0B | 2.3B | 2.2B | 1.9B | 1.5B | 1.4B | 1.2B | 926.0M | 716.0M | 638.0M | 474.0M |
| Paid In Capital | 256.0M | 256.0M | 256.0M | 256.0M | 256.0M | 256.0M | 151.0M | 151.0M | 151.0M | 151.0M | 151.0M | 113.0M | 113.0M | 113.0M |
| Capital Reserve | 315.0M | 302.0M | 296.0M | 296.0M | 296.0M | 296.0M | 402.0M | 402.0M | 402.0M | 402.0M | 402.0M | 31.4M | 31.4M | 31.4M |
| Surplus Reserve | 76.9M | 57.2M | 36.2M | 36.1M | 36.1M | 36.1M | 35.7M | 35.2M | 32.9M | 30.5M | 27.9M | 23.4M | 18.7M | 14.1M |
| Retained Earnings | 1.1B | 891.0M | 742.0M | 697.0M | 666.0M | 641.0M | 612.0M | 590.0M | 542.0M | 498.0M | 450.0M | 356.0M | 250.0M | 171.0M |
| Minority Equity | 71.7M | 106.0M | -27.5M | -26.6M | -26.0M | -25.6M | -19.8M | -18.2M | -10.5M | -1.0M | 2.1M | 2.0M | 702,300 | 495,000 |
| Equity Attributable | 1.7B | 1.5B | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.0B | 523.0M | 413.0M | 329.0M |
| Total Equity | 1.8B | 1.6B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.0B | 525.0M | 413.0M | 330.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 5.0B | 5.0B | 4.8B | 4.0B | 2.3B | 2.5B | 3.2B | 3.2B | 2.6B | 3.5B | 3.8B | 4.4B | 3.2B | 2.9B |
| Tax Refunds Received | 58.9M | 39.0M | 4.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 5.3B | 5.3B | 5.0B | 4.0B | 2.5B | 2.5B | 3.2B | 3.2B | 2.6B | 3.5B | 3.8B | 4.4B | 3.2B | 2.9B |
| Cash Paid For Goods | 5.0B | 4.9B | 4.9B | 3.7B | 2.2B | 2.6B | 3.0B | 3.0B | 2.1B | 3.2B | 3.4B | 3.6B | 3.0B | 2.7B |
| Cash Paid To Employees | 101.0M | 65.2M | 49.8M | 55.5M | 51.8M | 65.4M | 52.4M | 40.9M | 34.6M | 35.8M | 34.7M | 32.2M | 24.8M | 18.9M |
| Taxes Paid | 98.1M | 70.8M | 50.7M | 49.7M | 40.0M | 48.2M | 52.3M | 49.3M | 80.2M | 60.3M | 80.3M | 95.4M | 71.0M | 65.7M |
| Total Operating Cash Outflow | 5.3B | 5.1B | 5.0B | 3.9B | 2.3B | 2.7B | 3.2B | 3.1B | 2.2B | 3.4B | 3.5B | 3.8B | 3.1B | 2.8B |
| Operating Cash Flow | 48.9M | 201.0M | -55.4M | 112.0M | 137.0M | -214.0M | 35.2M | 75.9M | 402.0M | 94.4M | 249.0M | 599.0M | 168.0M | 89.0M |
| Total Investing Cash Inflow | 3.0M | 40.9M | 12.7M | 2.8M | 4.5M | 32.4M | 50.0M | 299.0M | 529.0M | 8.1M | 369,800 | 3.2M | -- | -- |
| Total Investing Cash Outflow | 86.7M | 712.0M | 1.3M | 3.8M | 26.6M | 23.3M | 229.0M | 208.0M | 658.0M | 145.0M | 54.1M | 8.0M | 101.0M | 13.0M |
| Investing Cash Flow | -83.6M | -671.0M | 11.4M | -1.0M | -22.1M | 9.1M | -178.0M | 90.8M | -129.0M | -137.0M | -53.7M | -4.8M | -101.0M | -13.0M |
| Cash From Borrowings | 1.3B | 1.7B | 1.3B | 1.3B | 1.3B | 1.2B | 1.0B | 735.0M | 928.0M | 710.0M | 653.0M | 413.0M | 928.0M | 485.0M |
| Dividends And Interest Paid | 109.0M | 74.1M | 64.1M | 69.0M | 68.9M | 92.4M | 84.6M | 69.3M | 64.1M | 59.4M | 41.4M | 40.8M | 40.1M | 21.7M |
| Debt Repayments | 1.2B | 1.3B | 1.2B | 1.4B | 1.1B | 900.0M | 745.0M | 785.0M | 816.0M | 537.0M | 421.0M | 516.0M | 814.0M | 360.0M |
| Total Financing Cash Inflow | 1.5B | 2.0B | 1.6B | 1.7B | 1.6B | 1.3B | 1.1B | 815.0M | 999.0M | 728.0M | 1.1B | 413.0M | 928.0M | 485.0M |
| Total Financing Cash Outflow | 1.5B | 1.5B | 1.6B | 1.8B | 1.9B | 1.3B | 980.0M | 879.0M | 1.3B | 913.0M | 967.0M | 1.1B | 960.0M | 434.0M |
| Financing Cash Flow | 2.7M | 498.0M | 59.1M | -106.0M | -309.0M | 69.1M | 161.0M | -63.9M | -317.0M | -185.0M | 117.0M | -658.0M | -31.3M | 51.4M |
| Net Change In Cash | -31.9M | 27.1M | 15.1M | 5.3M | -194.0M | -136.0M | 18.1M | 103.0M | -44.0M | -228.0M | 313.0M | -64.4M | 36.2M | 127.0M |
| Ending Cash Balance | 62.5M | 94.4M | 67.3M | 52.3M | 47.0M | 241.0M | 377.0M | 359.0M | 256.0M | 300.0M | 527.0M | 215.0M | 279.0M | 243.0M |
| Capex | 83.4M | 127.0M | 1.3M | 3.8M | 6.6M | 23.0M | 228.0M | 8.3M | 32.4M | 38.0M | 40.8M | 7.2M | 7.3M | 13.0M |