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 | 2.6B | 2.7B | 3.3B | 2.6B | 2.0B | 1.7B | 1.5B | 1.3B | 992.0M | 863.0M | 774.0M | 667.0M | 603.0M | 499.0M |
| Revenue Growth % | -4.1% | -18.3% | 28.0% | 28.1% | 17.5% | 12.8% | 17.0% | 30.9% | 14.9% | 11.5% | 16.0% | 10.6% | 20.8% | -- |
| Total Revenue | 2.6B | 2.7B | 3.3B | 2.6B | 2.0B | 1.7B | 1.5B | 1.3B | 992.0M | 863.0M | 774.0M | 667.0M | 603.0M | 499.0M |
| Cost Of Revenue | 2.3B | 2.6B | 2.8B | 2.2B | 1.7B | 1.4B | 1.1B | 991.0M | 760.0M | 654.0M | 572.0M | 491.0M | 438.0M | 356.0M |
| Gross Profit | 240.0M | 59.0M | 504.0M | 406.0M | 319.0M | 333.0M | 378.0M | 308.0M | 232.0M | 209.0M | 202.0M | 176.0M | 165.0M | 143.0M |
| Gross Margin % | 9.3% | 2.2% | 15.3% | 15.7% | 15.8% | 19.4% | 24.9% | 23.7% | 23.4% | 24.2% | 26.1% | 26.4% | 27.4% | 28.7% |
| Total Operating Cost | 2.8B | 3.2B | 3.2B | 2.5B | 2.0B | 1.7B | 1.4B | 1.2B | 926.0M | 800.0M | 699.0M | 600.0M | 541.0M | 443.0M |
| Selling Expenses | 77.1M | 76.2M | 77.9M | 77.0M | 59.4M | 110.0M | 95.4M | 88.6M | 71.6M | 55.6M | 49.7M | 39.0M | 35.4M | 27.1M |
| Admin Expenses | 128.0M | 124.0M | 135.0M | 126.0M | 94.8M | 97.6M | 70.4M | 66.1M | 86.6M | 78.6M | 64.7M | 57.6M | 55.8M | 48.8M |
| Rd Expenses | 107.0M | 134.0M | 147.0M | 121.0M | 99.8M | 79.8M | 55.0M | 45.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 25.2M | 39.9M | 37.6M | 38.8M | 40.3M | 38.6M | 15.5M | 6.9M | 1.9M | 5.4M | 8.4M | 6.6M | 8.0M | 8.5M |
| Operating Income | -184.0M | -510.0M | 85.6M | 56.5M | 32.5M | 2.6M | 146.0M | 106.0M | 63.8M | 62.6M | 74.4M | 67.2M | 61.7M | 56.2M |
| Operating Margin % | -7.1% | -18.9% | 2.6% | 2.2% | 1.6% | 0.2% | 9.6% | 8.2% | 6.4% | 7.3% | 9.6% | 10.1% | 10.2% | 11.3% |
| Non Operating Income | 96,400 | 152,700 | 1.1M | 807,100 | 1.5M | 110,600 | 2.1M | 1.7M | 9.2M | 6.7M | 4.9M | 4.2M | 6.0M | 8.7M |
| Non Operating Expenses | 17.8M | 5.9M | 3.6M | 1.5M | 2.9M | 1.5M | 1.2M | 2.7M | 320,500 | 1.9M | 742,300 | 1.4M | 564,700 | 199,300 |
| Investment Income | -351,600 | -- | -- | -- | 448,100 | -- | -- | 3.9M | -1.9M | -- | -- | -- | -- | -- |
| Fair Value Change Income | 158,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -23.5M | -6.1M | 656,500 | 42,200 | 5.0M | -75,900 | -- | 3.6M | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 63.8M | 197.0M | 24.0M | 379,200 | 3.1M | 8.8M | 6.9M | 4.0M | 314,000 | 2.5M | 308,700 | 1.4M | 533,900 | 33,700 |
| Other Income | 19.4M | 28.1M | 14.3M | 23.7M | 20.1M | 16.4M | 18.9M | 8.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -201.0M | -516.0M | 83.1M | 55.8M | 31.2M | 1.2M | 147.0M | 105.0M | 72.7M | 67.4M | 78.6M | 70.0M | 67.2M | 64.7M |
| Income Tax | 3.8M | -85.3M | -31.0M | -6.4M | -4.1M | -7.8M | 16.1M | 13.8M | 9.6M | 9.4M | 10.8M | 9.9M | 9.5M | 9.7M |
| Net Income | -205.0M | -431.0M | 114.0M | 62.2M | 35.3M | 9.0M | 131.0M | 91.6M | 63.2M | 58.0M | 67.8M | 60.1M | 57.7M | 55.0M |
| Net Margin % | -7.9% | -16.0% | 3.5% | 2.4% | 1.8% | 0.5% | 8.6% | 7.1% | 6.4% | 6.7% | 8.8% | 9.0% | 9.6% | 11.0% |
| Net Income Attributable | -205.0M | -431.0M | 117.0M | 62.3M | 36.1M | 13.5M | 135.0M | 92.6M | 63.2M | 58.0M | 67.8M | 60.1M | 57.7M | 55.0M |
| Minority Interest | -160,200 | -214,000 | -2.8M | -105,300 | -830,700 | -4.5M | -3.4M | -985,900 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.51 | -1.08 | 0.30 | 0.16 | 0.10 | 0.04 | 0.36 | 0.25 | 0.18 | 0.16 | 0.75 | 0.67 | 0.64 | 0.61 |
| Eps Diluted | -0.51 | -1.08 | 0.29 | 0.16 | 0.09 | 0.04 | 0.36 | 0.25 | 0.18 | 0.16 | 0.75 | 0.67 | 0.64 | 0.61 |
| 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 | 639.0M | 329.0M | 330.0M | 236.0M | 258.0M | 143.0M | 280.0M | 177.0M | 88.0M | 154.0M | 115.0M | 62.6M | 72.8M | 66.3M |
| Trading Financial Assets | 100.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 655.0M | 554.0M | 640.0M | 766.0M | 593.0M | 465.0M | 370.0M | 371.0M | 282.0M | 247.0M | 177.0M | 166.0M | 118.0M | 103.0M |
| Notes Receivable | 173.0M | 163.0M | 170.0M | 163.0M | 167.0M | -- | 25.5M | 57.9M | 35.2M | 17.2M | 18.5M | 11.9M | 7.2M | 3.9M |
| Notes And Accounts Receivable | 828.0M | 717.0M | 810.0M | 929.0M | 760.0M | 465.0M | 395.0M | 429.0M | 317.0M | 265.0M | 195.0M | 178.0M | 125.0M | 107.0M |
| Prepayments | 41.1M | 37.6M | 58.5M | 46.9M | 62.6M | 62.4M | 11.6M | 76.3M | 19.8M | 26.8M | 38.1M | 8.5M | 31.1M | 10.3M |
| Inventory | 238.0M | 270.0M | 762.0M | 490.0M | 342.0M | 541.0M | 574.0M | 156.0M | 152.0M | 162.0M | 91.3M | 82.3M | 74.6M | 64.6M |
| Total Current Assets | 2.1B | 1.6B | 2.1B | 1.8B | 1.7B | 1.4B | 1.4B | 867.0M | 597.0M | 613.0M | 448.0M | 339.0M | 310.0M | 254.0M |
| Long Term Equity Investment | 3.8M | -- | 40.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 1.2B | 909.0M | 915.0M | 757.0M | 721.0M | 255.0M | 249.0M | 252.0M | 175.0M | 105.0M | 112.0M | 102.0M |
| Fixed Assets Total | 1.1B | 1.3B | 1.2B | 909.0M | 915.0M | 757.0M | 721.0M | 255.0M | 249.0M | 252.0M | 175.0M | 105.0M | 112.0M | 102.0M |
| Construction In Progress | -- | 50.3M | 36.8M | 98.3M | 63.2M | 269.0M | 152.0M | 328.0M | 36.3M | 4.0M | 50.8M | 73.3M | 24.8M | 18.5M |
| Construction In Progress Total | 23.8M | 61.7M | 49.3M | 113.0M | 77.9M | 283.0M | 152.0M | 328.0M | 36.3M | 4.0M | 50.8M | 73.3M | 24.8M | 18.5M |
| Intangible Assets | 83.3M | 85.6M | 102.0M | 24.0M | 24.1M | 45.7M | 38.0M | 15.2M | 21.6M | 22.2M | 23.0M | 23.9M | 24.5M | 14.2M |
| Long Term Deferred Expenses | 13.5M | 19.3M | 21.0M | 15.2M | 14.2M | 13.0M | 8.1M | 3.9M | 2.8M | 396,800 | 960,200 | 688,700 | 1.0M | 490,900 |
| Total Non Current Assets | 1.4B | 1.6B | 1.6B | 1.2B | 1.1B | 1.2B | 1.1B | 711.0M | 399.0M | 287.0M | 251.0M | 204.0M | 163.0M | 137.0M |
| Total Assets | 3.5B | 3.2B | 3.7B | 3.0B | 2.7B | 2.6B | 2.5B | 1.6B | 995.0M | 900.0M | 700.0M | 543.0M | 473.0M | 390.0M |
| Short Term Borrowings | 574.0M | 485.0M | 540.0M | 452.0M | 515.0M | 451.0M | 398.0M | 195.0M | 89.5M | 60.9M | 161.0M | 110.0M | 91.6M | 99.5M |
| Accounts Payable | 129.0M | 125.0M | 303.0M | 168.0M | 104.0M | 125.0M | 106.0M | 88.0M | 41.2M | 65.8M | 25.0M | 42.7M | 41.9M | 33.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.2M | 4.4M | 6.1M | 4.4M | 3.3M | 723,700 | 827,100 | 1.7M | 705,000 |
| Contract Liabilities | 15.8M | 3.7M | 6.0M | 5.5M | 4.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.5B | 1.5B | 1.6B | 1.4B | 1.2B | 980.0M | 813.0M | 431.0M | 170.0M | 135.0M | 260.0M | 208.0M | 189.0M | 183.0M |
| Long Term Borrowings | 150.0M | 312.0M | 332.0M | 7.8M | 56.1M | 130.0M | 170.0M | -- | -- | -- | 34.1M | -- | -- | -- |
| Total Non Current Liabilities | 215.0M | 372.0M | 393.0M | 73.4M | 295.0M | 359.0M | 385.0M | 29.7M | 33.8M | 36.8M | 73.1M | 21.8M | 22.5M | 3.0M |
| Total Liabilities | 1.7B | 1.9B | 2.0B | 1.4B | 1.4B | 1.3B | 1.2B | 460.0M | 203.0M | 172.0M | 333.0M | 230.0M | 211.0M | 186.0M |
| Paid In Capital | 465.0M | 399.0M | 398.0M | 393.0M | 374.0M | 374.0M | 374.0M | 374.0M | 360.0M | 360.0M | 90.0M | 90.0M | 90.0M | 90.0M |
| Capital Reserve | 1.3B | 675.0M | 668.0M | 586.0M | 313.0M | 313.0M | 313.0M | 313.0M | 84.7M | 84.7M | 27.0M | 27.0M | 27.0M | 27.0M |
| Surplus Reserve | 83.7M | 83.7M | 83.7M | 69.9M | 61.2M | 56.8M | 52.1M | 38.0M | 29.2M | 24.3M | 20.4M | 15.3M | 10.6M | 6.2M |
| Retained Earnings | -15.6M | 189.0M | 620.0M | 529.0M | 475.0M | 443.0M | 466.0M | 383.0M | 318.0M | 259.0M | 229.0M | 180.0M | 134.0M | 80.4M |
| Minority Equity | 610,800 | 771,100 | 985,000 | 3.8M | 3.9M | 4.4M | 4.9M | 8.3M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.8B | 1.3B | 1.8B | 1.6B | 1.3B | 1.3B | 1.3B | 1.1B | 792.0M | 729.0M | 367.0M | 313.0M | 262.0M | 204.0M |
| Total Equity | 1.8B | 1.3B | 1.8B | 1.6B | 1.3B | 1.3B | 1.3B | 1.1B | 792.0M | 729.0M | 367.0M | 313.0M | 262.0M | 204.0M |
| 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 | 2.1B | 2.3B | 3.2B | 2.3B | 1.8B | 1.6B | 1.6B | 1.2B | 936.0M | 785.0M | 738.0M | 571.0M | 587.0M | 512.0M |
| Tax Refunds Received | -- | 18.1M | 8.1M | 7.1M | 9.6M | -- | -- | 286,300 | 1.0M | -- | -- | -- | -- | 25,600 |
| Total Operating Cash Inflow | 2.2B | 2.3B | 3.3B | 2.3B | 1.9B | 1.6B | 1.6B | 1.2B | 946.0M | 793.0M | 760.0M | 576.0M | 614.0M | 523.0M |
| Cash Paid For Goods | 1.8B | 1.7B | 2.8B | 1.8B | 1.4B | 1.2B | 1.3B | 923.0M | 700.0M | 675.0M | 532.0M | 378.0M | 422.0M | 341.0M |
| Cash Paid To Employees | 208.0M | 249.0M | 241.0M | 187.0M | 142.0M | 138.0M | 113.0M | 96.7M | 83.8M | 76.8M | 64.4M | 55.6M | 53.5M | 39.8M |
| Taxes Paid | 58.2M | 55.5M | 56.8M | 63.8M | 52.6M | 51.8M | 73.3M | 59.3M | 43.0M | 48.9M | 51.8M | 44.0M | 40.5M | 40.3M |
| Total Operating Cash Outflow | 2.2B | 2.2B | 3.3B | 2.3B | 1.8B | 1.6B | 1.7B | 1.2B | 903.0M | 861.0M | 713.0M | 537.0M | 558.0M | 457.0M |
| Operating Cash Flow | -31.4M | 127.0M | 7.6M | 44.2M | 125.0M | 57.7M | -49.8M | 71.4M | 43.1M | -67.6M | 47.7M | 39.5M | 56.0M | 66.2M |
| Total Investing Cash Inflow | 402.0M | 40.4M | 1.0M | 129.0M | 80.1M | 455,100 | 127,400 | 12.7M | 3.2M | 450,500 | 161,900 | 32,800 | 44,000 | 562,200 |
| Total Investing Cash Outflow | 558.0M | 105.0M | 228.0M | 91.3M | 82.8M | 149.0M | 402.0M | 315.0M | 137.0M | 55.5M | 58.0M | 51.8M | 33.8M | 25.7M |
| Investing Cash Flow | -156.0M | -64.2M | -227.0M | 37.8M | -2.7M | -149.0M | -401.0M | -302.0M | -134.0M | -55.1M | -57.8M | -51.8M | -33.8M | -25.1M |
| Cash From Borrowings | 725.0M | 801.0M | 1.0B | 524.0M | 571.0M | 640.0M | 1.2B | 333.0M | 93.6M | 222.0M | 287.0M | 183.0M | 166.0M | 181.0M |
| Dividends And Interest Paid | 30.2M | 42.9M | 55.3M | 26.2M | 30.7M | 52.0M | 56.1M | 25.1M | 2.8M | 27.8M | 23.1M | 15.8M | 6.6M | 12.2M |
| Debt Repayments | 847.0M | 840.0M | 685.0M | 611.0M | 534.0M | 639.0M | 577.0M | 232.0M | 66.7M | 358.0M | 201.0M | 165.0M | 175.0M | 198.0M |
| Total Financing Cash Inflow | 1.4B | 820.0M | 1.1B | 524.0M | 573.0M | 644.0M | 1.2B | 578.0M | 128.0M | 591.0M | 287.0M | 184.0M | 168.0M | 187.0M |
| Total Financing Cash Outflow | 898.0M | 919.0M | 783.0M | 658.0M | 564.0M | 713.0M | 658.0M | 268.0M | 72.0M | 424.0M | 259.0M | 181.0M | 182.0M | 210.0M |
| Financing Cash Flow | 520.0M | -98.9M | 341.0M | -135.0M | 8.1M | -69.3M | 538.0M | 310.0M | 56.1M | 167.0M | 28.1M | 3.4M | -13.9M | -23.0M |
| Net Change In Cash | 335.0M | -36.6M | 122.0M | -53.3M | 129.0M | -160.0M | 87.1M | 77.9M | -34.5M | 43.2M | 17.9M | -8.9M | 8.3M | 18.1M |
| Ending Cash Balance | 585.0M | 250.0M | 287.0M | 165.0M | 218.0M | 88.8M | 249.0M | 162.0M | 83.9M | 118.0M | 75.1M | 57.2M | 66.1M | 57.8M |
| Capex | 53.3M | 105.0M | 188.0M | 91.3M | 82.7M | 148.0M | 402.0M | 313.0M | 132.0M | 47.8M | 51.0M | 49.4M | 32.0M | 21.9M |