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 | 695.0M | 1.0B | 918.0M | 1.9B | 2.5B | 2.9B | 2.8B | 2.6B | 1.5B | 1.0B | 945.0M | 849.0M | 705.0M | 624.0M |
| Revenue Growth % | -32.2% | 11.7% | -52.3% | -23.6% | -13.1% | 1.8% | 11.1% | 69.1% | 45.0% | 10.7% | 11.3% | 20.4% | 13.0% | -- |
| Total Revenue | 695.0M | 1.0B | 918.0M | 1.9B | 2.5B | 2.9B | 2.8B | 2.6B | 1.5B | 1.0B | 945.0M | 849.0M | 705.0M | 624.0M |
| Cost Of Revenue | 609.0M | 867.0M | 713.0M | 1.6B | 2.0B | 2.3B | 2.3B | 2.1B | 1.2B | 781.0M | 699.0M | 634.0M | 525.0M | 465.0M |
| Gross Profit | 86.0M | 158.0M | 205.0M | 295.0M | 552.0M | 571.0M | 550.0M | 479.0M | 312.0M | 265.0M | 246.0M | 215.0M | 180.0M | 159.0M |
| Gross Margin % | 12.4% | 15.4% | 22.3% | 15.3% | 21.9% | 19.7% | 19.3% | 18.7% | 20.6% | 25.3% | 26.0% | 25.3% | 25.5% | 25.5% |
| Total Operating Cost | 1.0B | 1.2B | 1.4B | 3.8B | 2.3B | 2.6B | 2.6B | 2.3B | 1.4B | 927.0M | 830.0M | 735.0M | 605.0M | 529.0M |
| Selling Expenses | 6.5M | 6.1M | 1.6M | 4.2M | 14.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Admin Expenses | 125.0M | 101.0M | 119.0M | 160.0M | 158.0M | 124.0M | 124.0M | 121.0M | 107.0M | 70.3M | 58.3M | 49.9M | 41.9M | 35.1M |
| Rd Expenses | 18.6M | 29.3M | 25.8M | 59.8M | 79.3M | 23.1M | 10.1M | 12.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 150.0M | 127.0M | 81.8M | 57.0M | 59.6M | 81.9M | 72.6M | 24.9M | 18.4M | 24.3M | 25.4M | 12.9M | 5.8M | 2.5M |
| Operating Income | -324.0M | -197.0M | -433.0M | -1.9B | 178.0M | 287.0M | 293.0M | 284.0M | 153.0M | 119.0M | 114.0M | 114.0M | 101.0M | 94.8M |
| Operating Margin % | -46.6% | -19.2% | -47.2% | -97.4% | 7.1% | 9.9% | 10.3% | 11.1% | 10.1% | 11.4% | 12.1% | 13.4% | 14.3% | 15.2% |
| Non Operating Income | 195.0M | 22.5M | 12.3M | 1.1M | 2.7M | 44,000 | 8,000 | 33,600 | 5.9M | 1.0M | 2.5M | 1.8M | 3.0M | 1.1M |
| Non Operating Expenses | 2.7M | 1.7M | 9.9M | 65.8M | 3.2M | 1.5M | 600,200 | 330,500 | 1.2M | 239,600 | 175,900 | 330,300 | 111,500 | 118,300 |
| Investment Income | 2.4M | 164,600 | 389,800 | 205,000 | 1.5M | 1.5M | 87,800 | 2.6M | 53,000 | -- | -- | -- | -- | -- |
| Fair Value Change Income | -1.3M | -- | -- | -- | -591,600 | 591,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 188,900 | -- | -- | -- | -- | -47,000 | -2,200 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.3M | -43.9M | 431.0M | 343.0M | 8.6M | 4.2M | 49.8M | 29.6M | 20.3M | 15.5M | 15.6M | 8.4M | 5.9M | 2.9M |
| Other Income | -5.1M | 252,500 | 3.9M | 3.1M | 4.3M | 4.0M | 12.2M | 2.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -132.0M | -176.0M | -431.0M | -1.9B | 177.0M | 286.0M | 292.0M | 284.0M | 158.0M | 120.0M | 117.0M | 116.0M | 103.0M | 95.8M |
| Income Tax | -5.4M | -11.7M | -58.8M | -269.0M | 21.7M | 40.7M | 42.8M | 42.5M | 23.2M | 22.7M | 26.5M | 18.1M | 16.2M | 15.0M |
| Net Income | -127.0M | -165.0M | -372.0M | -1.7B | 155.0M | 245.0M | 250.0M | 242.0M | 135.0M | 96.9M | 90.2M | 97.6M | 87.2M | 80.8M |
| Net Margin % | -18.3% | -16.1% | -40.5% | -86.7% | 6.2% | 8.5% | 8.8% | 9.4% | 8.9% | 9.3% | 9.5% | 11.5% | 12.4% | 12.9% |
| Net Income Attributable | -118.0M | -149.0M | -368.0M | -1.7B | 160.0M | 245.0M | 250.0M | 242.0M | 135.0M | 96.9M | 90.2M | 97.6M | 87.2M | 80.8M |
| Minority Interest | -8.7M | -15.2M | -4.2M | -9.1M | -4.5M | -39,800 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.19 | -0.25 | -0.72 | -3.24 | 0.31 | 0.48 | 0.53 | 0.61 | 0.57 | 0.46 | 1.00 | 1.08 | 0.97 | 0.95 |
| Eps Diluted | -0.19 | -0.25 | -0.72 | -3.24 | 0.26 | 0.48 | 0.53 | 0.61 | 0.57 | 0.46 | 1.00 | 1.08 | 0.97 | 0.95 |
| 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 | 427.0M | 267.0M | 221.0M | 244.0M | 1.4B | 947.0M | 855.0M | 312.0M | 455.0M | 299.0M | 135.0M | 130.0M | 93.7M | 146.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- | 51.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 964.0M | 1.2B | 1.1B | 741.0M | 834.0M | 798.0M | 732.0M | 522.0M | 458.0M | 475.0M | 374.0M | 278.0M | 165.0M | 93.8M |
| Notes Receivable | 3.1M | 4.4M | 6.9M | 160.0M | 455.0M | 664.0M | 377.0M | 252.0M | 106.0M | 154.0M | 20.1M | 14.4M | 1.8M | 719,800 |
| Notes And Accounts Receivable | 967.0M | 1.2B | 1.1B | 901.0M | 1.3B | 1.5B | 1.1B | 773.0M | 563.0M | 629.0M | 394.0M | 292.0M | 167.0M | 94.5M |
| Prepayments | 27.5M | 18.4M | 13.6M | 6.2M | 5.0M | 10.1M | 11.3M | 8.0M | 12.6M | 21.7M | 8.3M | 5.0M | 5.6M | 10.3M |
| Inventory | 344.0M | 353.0M | 273.0M | 317.0M | 380.0M | 838.0M | 845.0M | 887.0M | 822.0M | 720.0M | 692.0M | 510.0M | 347.0M | 195.0M |
| Total Current Assets | 2.9B | 3.1B | 2.4B | 2.3B | 3.8B | 3.5B | 2.9B | 2.1B | 1.9B | 1.7B | 1.3B | 963.0M | 631.0M | 461.0M |
| Long Term Equity Investment | 28.7M | 28.7M | 30.0M | 29.6M | 29.4M | 36.1M | 35.7M | 18.7M | 16.1M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 40.9M | 16.2M | 17.9M | 20.2M | 21.4M | 23.0M | -- | 23.9M | 17.6M | 18.8M | 20.8M | 23.2M | 18.2M |
| Fixed Assets Total | 299.0M | 40.9M | 16.2M | 17.9M | 20.2M | 21.4M | 23.0M | 24.9M | 23.9M | 17.6M | 18.8M | 20.8M | 23.2M | 18.2M |
| Construction In Progress | -- | 517.0M | 492.0M | 443.0M | 264.0M | 166.0M | 45.0M | -- | 8.4M | 10.3M | -- | -- | -- | -- |
| Construction In Progress Total | 110.0M | 517.0M | 492.0M | 443.0M | 264.0M | 166.0M | 45.0M | 13.7M | 8.4M | 10.3M | -- | -- | -- | -- |
| Intangible Assets | 70.6M | 84.5M | 89.6M | 95.3M | 100.0M | 104.0M | 109.0M | 115.0M | 11.8M | 890,200 | 1.2M | 506,900 | 422,900 | 134,700 |
| Long Term Deferred Expenses | 86.0M | 74.0M | 76.8M | 79.7M | 68.6M | 6.8M | 8.3M | 9.4M | 9.7M | 5.5M | 2.7M | 2.5M | 2.8M | 3.2M |
| Total Non Current Assets | 3.3B | 2.8B | 2.6B | 2.3B | 1.6B | 1.2B | 897.0M | 632.0M | 263.0M | 41.8M | 31.4M | 26.8M | 28.2M | 29.8M |
| Total Assets | 6.2B | 5.9B | 5.0B | 4.6B | 5.4B | 4.6B | 3.8B | 2.7B | 2.2B | 1.8B | 1.3B | 990.0M | 659.0M | 491.0M |
| Short Term Borrowings | 524.0M | 855.0M | 683.0M | 602.0M | 361.0M | 262.0M | 380.0M | 500.0M | 380.0M | 206.0M | 138.0M | 187.0M | 50.8M | -- |
| Accounts Payable | 2.0B | 2.4B | 1.9B | 1.5B | 868.0M | 623.0M | 427.0M | -- | 324.0M | 234.0M | 286.0M | 197.0M | 89.1M | 80.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 58.0M | 46.7M | 65.4M | 53.5M | 41.2M | 30.4M | 25.7M | 26.7M | 38.1M |
| Contract Liabilities | 29.7M | 20.4M | 42.2M | 43.6M | 54.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 4.3B | 4.1B | 3.5B | 2.7B | 1.8B | 1.8B | 1.2B | 1.1B | 887.0M | 628.0M | 662.0M | 531.0M | 269.0M | 162.0M |
| Long Term Borrowings | 287.0M | 285.0M | 320.0M | 350.0M | 233.0M | 200.0M | 150.0M | 50.0M | -- | 40.0M | 95.0M | -- | 21.0M | 47.0M |
| Total Non Current Liabilities | 1.6B | 1.5B | 1.3B | 1.3B | 1.1B | 203.0M | 168.0M | 82.7M | 75.5M | 40.0M | 95.0M | -- | 21.0M | 47.0M |
| Total Liabilities | 5.9B | 5.5B | 4.8B | 4.0B | 2.9B | 2.0B | 1.3B | 1.2B | 962.0M | 668.0M | 757.0M | 531.0M | 290.0M | 209.0M |
| Paid In Capital | 603.0M | 613.0M | 513.0M | 513.0M | 513.0M | 513.0M | 513.0M | 247.0M | 248.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M |
| Capital Reserve | 1.2B | 1.3B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 534.0M | 522.0M | 562.0M | 127.0M | 127.0M | 127.0M | 127.0M |
| Surplus Reserve | 148.0M | 148.0M | 148.0M | 148.0M | 148.0M | 130.0M | 105.0M | 80.8M | 57.1M | 43.6M | 33.7M | 24.7M | 14.9M | 6.5M |
| Retained Earnings | -1.9B | -1.8B | -1.6B | -1.2B | 666.0M | 879.0M | 860.0M | 667.0M | 474.0M | 377.0M | 290.0M | 217.0M | 137.0M | 58.2M |
| Minority Equity | 33.8M | 46.4M | 56.3M | 56.2M | 61.9M | 61.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 212.0M | 312.0M | 177.0M | 546.0M | 2.5B | 2.6B | 2.5B | 1.5B | 1.2B | 1.1B | 540.0M | 459.0M | 369.0M | 282.0M |
| Total Equity | 246.0M | 358.0M | 233.0M | 603.0M | 2.5B | 2.6B | 2.5B | 1.5B | 1.2B | 1.1B | 540.0M | 459.0M | 369.0M | 282.0M |
| 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 | 870.0M | 845.0M | 763.0M | 657.0M | 2.3B | 2.3B | 1.8B | 1.5B | 1.2B | 629.0M | 649.0M | 540.0M | 460.0M | 481.0M |
| Tax Refunds Received | -- | 792,800 | 24.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 891.0M | 866.0M | 824.0M | 756.0M | 2.4B | 2.3B | 1.8B | 1.5B | 1.2B | 638.0M | 656.0M | 542.0M | 464.0M | 485.0M |
| Cash Paid For Goods | 927.0M | 923.0M | 1.2B | 1.2B | 1.8B | 1.3B | 1.3B | 1.2B | 772.0M | 685.0M | 566.0M | 468.0M | 427.0M | 382.0M |
| Cash Paid To Employees | 131.0M | 114.0M | 120.0M | 148.0M | 136.0M | 123.0M | 125.0M | 103.0M | 77.0M | 62.5M | 48.7M | 44.8M | 44.5M | 39.3M |
| Taxes Paid | 16.4M | 32.2M | 25.6M | 91.4M | 162.0M | 184.0M | 104.0M | 92.0M | 90.3M | 65.3M | 46.7M | 41.1M | 37.0M | 30.9M |
| Total Operating Cash Outflow | 1.3B | 1.3B | 1.4B | 1.6B | 2.4B | 1.9B | 1.7B | 1.6B | 1.1B | 911.0M | 726.0M | 596.0M | 541.0M | 476.0M |
| Operating Cash Flow | -367.0M | -404.0M | -617.0M | -893.0M | 41.6M | 422.0M | 58.6M | -32.9M | 146.0M | -274.0M | -69.7M | -53.6M | -76.9M | 9.0M |
| Total Investing Cash Inflow | 62.2M | 70.1M | 26.4M | 21.1M | 210.0M | 122.0M | 40.3M | 70.6M | 23.0M | -- | 32,500 | 20,000 | 592,900 | 9.3M |
| Total Investing Cash Outflow | 174.0M | 68.0M | 94.7M | 319.0M | 410.0M | 296.0M | 267.0M | 295.0M | 138.0M | 16.4M | 2.1M | 3.0M | 5.2M | 9.6M |
| Investing Cash Flow | -112.0M | 2.1M | -68.2M | -298.0M | -201.0M | -174.0M | -227.0M | -224.0M | -115.0M | -16.4M | -2.1M | -3.0M | -4.6M | -344,100 |
| Cash From Borrowings | 806.0M | 1.6B | 865.0M | 693.0M | 1.4B | 490.0M | 825.0M | 640.0M | 645.0M | 366.0M | 328.0M | 187.0M | 57.0M | 30.0M |
| Dividends And Interest Paid | 83.3M | 90.8M | 68.6M | 322.0M | 386.0M | 227.0M | 66.1M | 47.9M | 40.7M | 19.6M | 24.5M | 15.8M | 5.0M | 2.7M |
| Debt Repayments | 989.0M | 1.2B | 786.0M | 408.0M | 428.0M | 438.0M | 815.0M | 470.0M | 556.0M | 368.0M | 226.0M | 78.4M | 21.2M | 6.7M |
| Total Financing Cash Inflow | 2.9B | 2.5B | 2.1B | 808.0M | 1.5B | 493.0M | 1.6B | 641.0M | 721.0M | 847.0M | 328.0M | 187.0M | 57.0M | 86.0M |
| Total Financing Cash Outflow | 2.3B | 2.1B | 1.5B | 732.0M | 841.0M | 762.0M | 941.0M | 521.0M | 598.0M | 392.0M | 259.0M | 94.1M | 26.2M | 9.4M |
| Financing Cash Flow | 607.0M | 393.0M | 606.0M | 76.2M | 633.0M | -269.0M | 709.0M | 121.0M | 123.0M | 455.0M | 69.1M | 92.8M | 30.8M | 76.6M |
| Net Change In Cash | 128.0M | -8.6M | -78.8M | -1.1B | 474.0M | -20.4M | 541.0M | -136.0M | 154.0M | 164.0M | -2.7M | 36.3M | -50.7M | 85.2M |
| Ending Cash Balance | 229.0M | 101.0M | 110.0M | 188.0M | 1.3B | 829.0M | 849.0M | 309.0M | 445.0M | 291.0M | 127.0M | 130.0M | 93.3M | 144.0M |
| Capex | 162.0M | 48.6M | 50.5M | 142.0M | 154.0M | 92.5M | 20.1M | 114.0M | 15.6M | 16.4M | 2.1M | 3.0M | 5.2M | 9.6M |