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 | 9.6B | 8.5B | 8.4B | 12.9B | 10.6B | 6.2B | 4.1B | 3.7B | 2.8B | 2.0B | 2.2B | 1.5B | 788.0M | 488.0M |
| Revenue Growth % | 12.3% | 1.1% | -34.5% | 21.3% | 71.1% | 51.3% | 11.8% | 30.8% | 38.7% | -9.3% | 44.3% | 95.7% | 61.5% | -- |
| Total Revenue | 9.6B | 8.5B | 8.4B | 12.9B | 10.6B | 6.2B | 4.1B | 3.7B | 2.8B | 2.0B | 2.2B | 1.5B | 788.0M | 488.0M |
| Cost Of Revenue | 8.9B | 7.8B | 7.9B | 11.6B | 9.5B | 5.6B | 3.8B | 3.3B | 2.5B | 1.8B | 2.0B | 1.3B | 679.0M | 437.0M |
| Gross Profit | 660.0M | 689.0M | 517.0M | 1.2B | 1.1B | 597.0M | 343.0M | 386.0M | 287.0M | 228.0M | 237.0M | 231.0M | 109.0M | 51.0M |
| Gross Margin % | 6.9% | 8.1% | 6.1% | 9.7% | 9.9% | 9.6% | 8.4% | 10.5% | 10.2% | 11.3% | 10.7% | 15.0% | 13.8% | 10.5% |
| Total Operating Cost | 9.6B | 8.6B | 8.7B | 12.5B | 10.4B | 6.2B | 4.0B | 3.5B | 2.7B | 1.9B | 2.2B | 1.4B | 746.0M | 486.0M |
| Selling Expenses | 60.5M | 52.4M | 57.2M | 65.9M | 36.6M | 46.7M | 37.5M | 32.8M | 22.2M | 18.5M | 17.3M | 14.0M | 8.6M | 6.5M |
| Admin Expenses | 272.0M | 226.0M | 244.0M | 257.0M | 214.0M | 184.0M | 117.0M | 80.4M | 124.0M | 125.0M | 123.0M | 81.2M | 44.6M | 29.9M |
| Rd Expenses | 284.0M | 344.0M | 410.0M | 387.0M | 305.0M | 213.0M | 98.8M | 97.7M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 32.8M | 13.1M | 22.4M | 115.0M | 179.0M | 82.5M | 19.1M | 35.9M | 11.5M | 4.8M | 12.8M | 5.2M | 1.3M | 1.2M |
| Operating Income | -37.2M | -26.0M | -127.0M | 446.0M | 306.0M | 124.0M | 88.5M | 153.0M | 109.0M | 72.6M | 71.4M | 116.0M | 42.0M | 1.7M |
| Operating Margin % | -0.4% | -0.3% | -1.5% | 3.5% | 2.9% | 2.0% | 2.2% | 4.2% | 3.9% | 3.6% | 3.2% | 7.5% | 5.3% | 0.3% |
| Non Operating Income | 4.3M | 3.7M | 10.0M | 1.1M | 2.1M | 738,600 | 25.4M | 22.9M | 2.2M | 5.5M | 1.7M | 1.1M | 3.5M | 641,300 |
| Non Operating Expenses | 1.6M | 3.6M | 2.5M | 4.5M | 2.0M | 2.0M | 274,800 | 741,500 | 128,100 | 1.3M | 581,100 | 28,200 | 10,100 | 1,500 |
| Investment Income | -141,600 | 236,800 | 848.46 | 324,700 | 1.1M | -251,700 | 1.8M | 1.8M | -- | -- | 773.33 | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | -5,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 17,800 | -160,000 | -4.3M | 10,400 | 122,700 | 794,200 | -5,400 | -4,200 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 74.1M | 85.6M | 78.2M | 55.9M | 10.8M | 2.0M | 7.9M | 7.6M | 14.7M | 2.6M | 8.1M | 10.1M | 9.9M | 10.3M |
| Other Income | 51.9M | 31.0M | 203.0M | 101.0M | 65.7M | 134.0M | 30.2M | 27.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -34.5M | -25.9M | -120.0M | 443.0M | 306.0M | 123.0M | 114.0M | 175.0M | 111.0M | 76.8M | 72.5M | 118.0M | 45.6M | 2.3M |
| Income Tax | -61.5M | -73.8M | -69.3M | 37.8M | 26.1M | 13.2M | 15.5M | 25.7M | 13.7M | 6.4M | 8.3M | 17.8M | 6.3M | -241,100 |
| Net Income | 27.0M | 47.8M | -50.6M | 405.0M | 280.0M | 110.0M | 98.1M | 149.0M | 97.6M | 70.3M | 64.2M | 99.7M | 39.2M | 2.6M |
| Net Margin % | 0.3% | 0.6% | -0.6% | 3.1% | 2.6% | 1.8% | 2.4% | 4.1% | 3.5% | 3.5% | 2.9% | 6.5% | 5.0% | 0.5% |
| Net Income Attributable | 32.5M | 48.0M | -40.2M | 362.0M | 258.0M | 111.0M | 98.1M | 149.0M | 97.6M | 70.3M | 64.2M | 99.7M | 39.2M | 2.6M |
| Minority Interest | -5.5M | -174,100 | -10.4M | 42.9M | 21.5M | -831,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.10 | 0.15 | -0.15 | 1.55 | 1.24 | 0.55 | 0.49 | 0.77 | 1.36 | 0.98 | 0.99 | 1.54 | 0.61 | 0.04 |
| Eps Diluted | 0.10 | 0.15 | -0.15 | 1.55 | 1.24 | 0.55 | 0.49 | 0.77 | 1.36 | 0.98 | 0.99 | 1.54 | 0.61 | 0.04 |
| 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 | 1.2B | 900.0M | 1.2B | 1.5B | 1.6B | 1.2B | 872.0M | 491.0M | 252.0M | 218.0M | 255.0M | 123.0M | 76.0M | 34.9M |
| Trading Financial Assets | -- | -- | -- | -- | 51.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 3.2B | 3.0B | 2.2B | 3.7B | 3.0B | 2.2B | 1.2B | 742.0M | 525.0M | 315.0M | 454.0M | 167.0M | 102.0M | 44.7M |
| Notes Receivable | 99.1M | 26.5M | 87.0M | 81.8M | 63.4M | -- | 287.0M | 573.0M | 58.8M | 17.6M | 30.5M | 58.1M | 1.6M | 1.7M |
| Notes And Accounts Receivable | 3.3B | 3.0B | 2.3B | 3.8B | 3.0B | 2.2B | 1.5B | 1.3B | 584.0M | 333.0M | 485.0M | 225.0M | 104.0M | 46.4M |
| Prepayments | 82.9M | 43.0M | 33.2M | 73.5M | 390.0M | 107.0M | 71.0M | 19.1M | 29.5M | 29.3M | 32.3M | 7.9M | 20.2M | 12.4M |
| Inventory | 1.4B | 1.3B | 1.2B | 1.3B | 1.7B | 1.4B | 1.2B | 746.0M | 1.0B | 423.0M | 364.0M | 281.0M | 193.0M | 109.0M |
| Total Current Assets | 6.3B | 5.5B | 5.0B | 7.1B | 7.5B | 5.2B | 3.8B | 2.7B | 1.9B | 1.0B | 1.1B | 640.0M | 394.0M | 205.0M |
| Fixed Assets | -- | 1.4B | 1.6B | 1.4B | 1.3B | 902.0M | 483.0M | 230.0M | 209.0M | 164.0M | 63.7M | 45.2M | 28.6M | 14.9M |
| Fixed Assets Total | 1.8B | 1.4B | 1.6B | 1.4B | 1.3B | 902.0M | 483.0M | 230.0M | 209.0M | 164.0M | 63.7M | 45.2M | 28.6M | 14.9M |
| Construction In Progress | -- | 472.0M | 214.0M | 305.0M | 1.7M | 22.9M | 40.4M | 38.0M | 145,000 | 23.0M | 44.3M | 16.7M | 382,500 | -- |
| Construction In Progress Total | 510.0M | 472.0M | 214.0M | 305.0M | 1.7M | 22.9M | 40.4M | 38.0M | 145,000 | 23.0M | 44.3M | 16.7M | 382,500 | -- |
| Intangible Assets | 24.9M | 27.3M | 24.5M | 22.7M | 18.3M | 15.8M | 9.0M | 7.4M | 6.9M | 6.9M | 6.8M | 6.1M | 6.2M | 5.9M |
| Long Term Deferred Expenses | 533.0M | 437.0M | 182.0M | 132.0M | 154.0M | 78.3M | 44.6M | 13.9M | 13.1M | 4.6M | 4.3M | 2.8M | 2.6M | 1.9M |
| Total Non Current Assets | 3.1B | 2.8B | 2.3B | 2.1B | 1.8B | 1.2B | 721.0M | 386.0M | 244.0M | 210.0M | 141.0M | 77.3M | 41.1M | 24.6M |
| Total Assets | 9.4B | 8.3B | 7.3B | 9.3B | 9.3B | 6.4B | 4.5B | 3.1B | 2.2B | 1.2B | 1.3B | 717.0M | 436.0M | 229.0M |
| Short Term Borrowings | 877.0M | 741.0M | 845.0M | 577.0M | 920.0M | 618.0M | 330.0M | 80.0M | 173.0M | -- | 61.2M | 39.1M | 9.3M | 8.0M |
| Accounts Payable | 2.6B | 2.4B | 1.9B | 2.4B | 2.2B | 1.9B | 1.1B | 977.0M | 1.0B | 431.0M | 469.0M | 317.0M | 173.0M | 103.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 12.3M | 18.0M | 21.5M | 56.1M | 10.6M | 23.4M | 14.4M | 23.7M | 21.5M |
| Contract Liabilities | 31.8M | 10.8M | 10.0M | 12.3M | 163.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 5.8B | 5.0B | 4.3B | 5.9B | 6.3B | 4.8B | 3.4B | 2.1B | 1.7B | 844.0M | 981.0M | 575.0M | 359.0M | 196.0M |
| Long Term Borrowings | 414.0M | 222.0M | 124.0M | 156.0M | 270.0M | 42.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 708.0M | 574.0M | 374.0M | 328.0M | 403.0M | 120.0M | 36.2M | 8.5M | 4.5M | 4.9M | 3.1M | -- | 4.1M | -- |
| Total Liabilities | 6.5B | 5.6B | 4.7B | 6.2B | 6.7B | 4.9B | 3.4B | 2.1B | 1.7B | 849.0M | 984.0M | 575.0M | 363.0M | 196.0M |
| Paid In Capital | 328.0M | 328.0M | 328.0M | 234.0M | 234.0M | 203.0M | 203.0M | 201.0M | 72.0M | 72.0M | 72.0M | 11.0M | 11.0M | 11.0M |
| Capital Reserve | 1.3B | 1.2B | 1.2B | 1.4B | 1.4B | 578.0M | 565.0M | 518.0M | 122.0M | 122.0M | 122.0M | 10,200 | 5.0M | 5.0M |
| Surplus Reserve | 56.6M | 47.6M | 46.0M | 46.0M | 37.2M | 31.4M | 28.9M | 28.0M | 17.2M | 13.6M | 6.9M | 5.7M | 5.7M | 1.8M |
| Retained Earnings | 1.1B | 1.1B | 1.0B | 1.1B | 801.0M | 561.0M | 463.0M | 382.0M | 253.0M | 159.0M | 95.4M | 126.0M | 50.9M | 15.6M |
| Minority Equity | 167.0M | 9.4M | -2,300 | 293.0M | 250.0M | 237.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.7B | 2.7B | 2.7B | 2.8B | 2.4B | 1.3B | 1.1B | 996.0M | 465.0M | 367.0M | 297.0M | 142.0M | 72.6M | 33.4M |
| Total Equity | 2.9B | 2.7B | 2.7B | 3.1B | 2.6B | 1.5B | 1.1B | 996.0M | 465.0M | 367.0M | 297.0M | 142.0M | 72.6M | 33.4M |
| 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 | 10.1B | 8.0B | 6.9B | 7.8B | 7.3B | 4.9B | 3.8B | 2.8B | 1.7B | 1.6B | 1.4B | 998.0M | 685.0M | 464.0M |
| Tax Refunds Received | 132.0M | 248.0M | 186.0M | 259.0M | 134.0M | 36.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 10.3B | 8.3B | 7.4B | 8.2B | 7.5B | 5.1B | 3.9B | 2.9B | 1.7B | 1.6B | 1.4B | 1.0B | 690.0M | 464.0M |
| Cash Paid For Goods | 8.9B | 7.1B | 5.5B | 6.3B | 6.5B | 4.0B | 3.0B | 2.4B | 1.6B | 1.2B | 1.2B | 757.0M | 560.0M | 406.0M |
| Cash Paid To Employees | 909.0M | 705.0M | 777.0M | 840.0M | 684.0M | 538.0M | 336.0M | 257.0M | 202.0M | 177.0M | 186.0M | 116.0M | 76.8M | 36.4M |
| Taxes Paid | 43.6M | 46.1M | 149.0M | 68.8M | 53.6M | 53.5M | 51.8M | 61.5M | 43.5M | 47.7M | 63.7M | 47.0M | 18.1M | 10.6M |
| Total Operating Cash Outflow | 10.0B | 8.0B | 6.5B | 7.3B | 7.4B | 4.7B | 3.5B | 2.8B | 1.8B | 1.4B | 1.5B | 937.0M | 667.0M | 463.0M |
| Operating Cash Flow | 306.0M | 357.0M | 904.0M | 937.0M | 77.0M | 394.0M | 416.0M | 71.5M | -97.1M | 174.0M | -54.9M | 64.6M | 23.5M | 1.1M |
| Total Investing Cash Inflow | 643.0M | 296.0M | 54.2M | 69.7M | 48.8M | 53.6M | 207.0M | 475,800 | -- | 229,000 | 243,800 | 35,000 | 50.00 | 19,800 |
| Total Investing Cash Outflow | 957.0M | 882.0M | 465.0M | 444.0M | 637.0M | 441.0M | 449.0M | 320.0M | 22.5M | 53.1M | 49.0M | 39.4M | 9.5M | 6.9M |
| Investing Cash Flow | -314.0M | -586.0M | -411.0M | -374.0M | -588.0M | -387.0M | -242.0M | -320.0M | -22.5M | -52.9M | -48.7M | -39.3M | -9.5M | -6.9M |
| Cash From Borrowings | 1.4B | 1.1B | 898.0M | 687.0M | 1.2B | 571.0M | 330.0M | 81.0M | 80.0M | -- | 61.2M | 39.1M | 9.9M | 8.0M |
| Dividends And Interest Paid | 59.8M | 38.6M | 78.6M | 84.4M | 100.0M | 57.8M | 31.7M | 25.6M | 2.9M | 757,500 | 9.2M | 26.1M | 424,300 | 582,000 |
| Debt Repayments | 1.2B | 1.1B | 920.0M | 1.1B | 573.0M | 373.0M | 80.0M | 94.4M | -- | 63.1M | 39.3M | 9.3M | 8.6M | 6.0M |
| Total Financing Cash Inflow | 1.5B | 1.1B | 898.0M | 696.0M | 2.0B | 798.0M | 348.0M | 599.0M | 160.0M | 1.5M | 154.0M | 39.1M | 9.9M | 13.0M |
| Total Financing Cash Outflow | 1.4B | 1.3B | 1.4B | 1.5B | 863.0M | 778.0M | 401.0M | 224.0M | 2.9M | 63.8M | 73.1M | 39.2M | 10.0M | 6.6M |
| Financing Cash Flow | 148.0M | -204.0M | -464.0M | -762.0M | 1.1B | 20.4M | -52.9M | 374.0M | 157.0M | -62.3M | 81.3M | -42,800 | -132,200 | 6.4M |
| Net Change In Cash | 148.0M | -433.0M | 42.5M | -209.0M | 614.0M | 18.0M | 122.0M | 126.0M | 37.1M | 58.9M | -22.3M | 25.2M | 13.9M | 577,200 |
| Ending Cash Balance | 548.0M | 400.0M | 833.0M | 791.0M | 1.0B | 387.0M | 369.0M | 247.0M | 121.0M | 83.6M | 24.7M | 47.0M | 21.8M | 7.9M |
| Capex | 319.0M | 555.0M | 465.0M | 377.0M | 534.0M | 436.0M | 343.0M | 170.0M | 22.5M | 53.1M | 48.9M | 34.4M | 9.5M | 6.9M |