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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.7B | 3.9B | 4.0B | 4.6B | 3.2B | 3.8B | 3.3B | 2.4B | 1.8B | 1.7B | 1.6B | 1.6B | 1.5B |
| Revenue Growth % | -6.5% | -1.0% | -13.4% | 43.5% | -16.8% | 15.9% | 40.2% | 32.0% | 6.8% | 6.9% | -4.7% | 11.0% | -- |
| Total Revenue | 3.7B | 3.9B | 4.0B | 4.6B | 3.2B | 3.8B | 3.3B | 2.4B | 1.8B | 1.7B | 1.6B | 1.6B | 1.5B |
| Cost Of Revenue | 3.2B | 3.4B | 3.5B | 4.0B | 2.7B | 3.2B | 2.8B | 2.0B | 1.5B | 1.4B | 1.3B | 1.4B | 1.3B |
| Gross Profit | 464.0M | 520.0M | 516.0M | 594.0M | 457.0M | 621.0M | 528.0M | 399.0M | 292.0M | 267.0M | 246.0M | 227.0M | 217.0M |
| Gross Margin % | 12.6% | 13.2% | 13.0% | 12.9% | 14.3% | 16.1% | 15.9% | 16.9% | 16.3% | 15.9% | 15.7% | 13.8% | 14.6% |
| Total Operating Cost | 3.5B | 3.7B | 3.7B | 4.5B | 2.9B | 3.5B | 3.0B | 2.1B | 1.6B | 1.5B | 1.5B | 1.5B | 1.4B |
| Selling Expenses | 95.1M | 89.7M | 104.0M | 105.0M | 77.8M | 123.0M | 101.0M | 58.1M | 49.2M | 47.7M | 40.4M | 36.6M | 41.6M |
| Admin Expenses | 72.6M | 77.6M | 67.1M | 79.4M | 73.2M | 72.2M | 61.6M | 56.3M | 58.8M | 59.2M | 58.4M | 42.3M | 33.5M |
| Rd Expenses | 42.6M | 47.3M | 20.6M | 7.6M | 4.0M | 5.8M | 3.6M | 2.7M | -- | -- | -- | -- | -- |
| Finance Expenses | 6.4M | 14.3M | 31.7M | 28.6M | 13.6M | 19.4M | 18.6M | 10.9M | 11.1M | 20.5M | 19.2M | 32.1M | 42.0M |
| Operating Income | 179.0M | 211.0M | 292.0M | 68.8M | 262.0M | 375.0M | 325.0M | 257.0M | 158.0M | 133.0M | 116.0M | 99.2M | 90.9M |
| Operating Margin % | 4.9% | 5.4% | 7.3% | 1.5% | 8.2% | 9.7% | 9.8% | 10.9% | 8.8% | 7.9% | 7.4% | 6.0% | 6.1% |
| Non Operating Income | 1.5M | 4.7M | 2.3M | 2.1M | 5.4M | 593,200 | 3.5M | 1.3M | 4.6M | 3.1M | 2.9M | 19,900 | 248,500 |
| Non Operating Expenses | 728,100 | 3.2M | 968,400 | 981,000 | 3.0M | 230,800 | 797,300 | 408,000 | 140,700 | 407,700 | 3.4M | 941,900 | 1.2M |
| Investment Income | 838,300 | 2.9M | 1.2M | 665,300 | -434,400 | 150,500 | 4.7M | 1.8M | -- | -- | -- | -- | -- |
| Fair Value Change Income | -3.6M | -604,000 | 3.4M | -2.4M | -803,300 | 553,300 | -3.6M | 4.2M | 2.5M | 724,500 | -264,800 | 181,000 | -- |
| Asset Disposal Income | 80,000 | 1.5M | 192,300 | 300.00 | -- | -- | -- | 374,500 | -73,000 | -- | -- | -- | -- |
| Asset Impairment Loss | 61,600 | -3.4M | -24.4M | 18.5M | 6.7M | 477,400 | 8.8M | 9.6M | 7.1M | 2.8M | 2.6M | 10.7M | 5.3M |
| Other Income | 539,400 | 3.9M | 4.3M | 1.2M | 2.8M | 3.2M | 714,300 | 1.4M | -- | -- | -- | -- | -- |
| Income Before Tax | 180.0M | 212.0M | 293.0M | 70.0M | 264.0M | 376.0M | 327.0M | 258.0M | 163.0M | 136.0M | 115.0M | 98.2M | 90.0M |
| Income Tax | 43.0M | 49.1M | 71.1M | 18.4M | 72.1M | 95.3M | 84.6M | 67.8M | 44.8M | 40.4M | 37.7M | 25.9M | 22.7M |
| Net Income | 137.0M | 163.0M | 222.0M | 51.6M | 192.0M | 280.0M | 243.0M | 190.0M | 118.0M | 95.6M | 77.7M | 72.4M | 67.3M |
| Net Margin % | 3.7% | 4.1% | 5.6% | 1.1% | 6.0% | 7.3% | 7.3% | 8.0% | 6.6% | 5.7% | 5.0% | 4.4% | 4.5% |
| Net Income Attributable | 140.0M | 163.0M | 222.0M | 51.6M | 192.0M | 280.0M | 243.0M | 190.0M | 118.0M | 95.6M | 77.7M | 72.4M | 67.3M |
| Minority Interest | -2.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 51,900 |
| Eps Basic | 0.32 | 0.38 | 0.51 | 0.12 | 0.44 | 0.65 | 0.57 | 0.49 | 0.34 | 0.28 | 0.23 | -- | -- |
| Eps Diluted | 0.32 | 0.38 | 0.51 | 0.12 | 0.44 | 0.65 | 0.57 | 0.49 | 0.34 | 0.28 | 0.23 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 911.0M | 588.0M | 404.0M | 295.0M | 477.0M | 446.0M | 363.0M | 134.0M | 138.0M | 92.3M | 130.0M | 247.0M | 173.0M |
| Trading Financial Assets | 7.1M | 58.2M | 11.4M | 5.4M | 59.2M | 6.3M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.2B | 1.1B | 1.0B | 1.2B | 780.0M | 781.0M | 590.0M | 579.0M | 364.0M | 408.0M | 365.0M | 336.0M | 317.0M |
| Notes Receivable | 341.0M | 305.0M | 188.0M | 239.0M | 185.0M | 175.0M | 175.0M | 70.5M | 37.2M | 31.8M | 34.9M | 8.0M | 15.9M |
| Notes And Accounts Receivable | 1.6B | 1.4B | 1.2B | 1.5B | 965.0M | 956.0M | 766.0M | 649.0M | 402.0M | 440.0M | 400.0M | 344.0M | 333.0M |
| Prepayments | 36.9M | 11.7M | 3.1M | 7.8M | 8.5M | 6.3M | 3.1M | 14.5M | 8.9M | 4.1M | 7.8M | 2.2M | 24.7M |
| Inventory | 643.0M | 588.0M | 598.0M | 771.0M | 615.0M | 556.0M | 646.0M | 367.0M | 241.0M | 230.0M | 141.0M | 239.0M | 312.0M |
| Total Current Assets | 3.2B | 2.7B | 2.3B | 2.6B | 2.2B | 2.0B | 2.0B | 1.4B | 885.0M | 837.0M | 700.0M | 840.0M | 856.0M |
| Long Term Equity Investment | 1.8M | 1.8M | 1.8M | 1.2M | 1.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 326.0M | 359.0M | 351.0M | 282.0M | 265.0M | 189.0M | 196.0M | 208.0M | 220.0M | 237.0M | 257.0M | 281.0M |
| Fixed Assets Total | 304.0M | 326.0M | 359.0M | 351.0M | 282.0M | 265.0M | 189.0M | 196.0M | 208.0M | 220.0M | 237.0M | 257.0M | 281.0M |
| Construction In Progress | -- | 2.5M | 8.7M | 23.3M | 75.0M | 52.1M | 25.3M | 3.7M | 1.0M | 2.0M | -- | -- | -- |
| Construction In Progress Total | 22.2M | 2.5M | 8.7M | 23.3M | 75.0M | 52.1M | 25.3M | 3.7M | 1.0M | 2.0M | -- | -- | -- |
| Intangible Assets | 27.9M | 28.9M | 46.1M | 47.9M | 49.8M | 51.8M | 53.8M | 55.5M | 56.5M | 58.3M | 60.1M | 55.3M | 55.0M |
| Long Term Deferred Expenses | 1.4M | 3.8M | 4.4M | -- | 387,300 | 1.3M | 2.3M | 208,300 | 397,400 | 112,100 | 201,800 | -- | -- |
| Total Non Current Assets | 585.0M | 557.0M | 530.0M | 527.0M | 450.0M | 415.0M | 339.0M | 276.0M | 282.0M | 294.0M | 311.0M | 330.0M | 346.0M |
| Total Assets | 3.8B | 3.3B | 2.8B | 3.2B | 2.7B | 2.4B | 2.3B | 1.7B | 1.2B | 1.1B | 1.0B | 1.2B | 1.2B |
| Short Term Borrowings | 492.0M | 494.0M | 530.0M | 972.0M | 506.0M | 349.0M | 441.0M | 140.0M | 300.0M | 353.0M | 300.0M | 400.0M | 548.0M |
| Accounts Payable | 54.7M | 62.6M | 56.8M | 71.7M | 59.1M | 55.2M | 49.2M | 34.3M | 14.6M | 18.4M | 29.9M | 53.1M | 13.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 62.1M | 81.5M | 46.3M | 38.5M | 41.6M | 44.6M | 62.7M | 74.6M |
| Contract Liabilities | 107.0M | 98.7M | 92.6M | 127.0M | 64.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 1.2B | 762.0M | 1.3B | 704.0M | 549.0M | 698.0M | 289.0M | 389.0M | 445.0M | 393.0M | 573.0M | 747.0M |
| Total Non Current Liabilities | 21.9M | 27.0M | 26.7M | 20.2M | 17.2M | 10.6M | 4.1M | 1.8M | 795,200 | 160,200 | -- | 45,300 | -- |
| Total Liabilities | 1.7B | 1.2B | 789.0M | 1.3B | 722.0M | 560.0M | 702.0M | 290.0M | 390.0M | 445.0M | 393.0M | 573.0M | 747.0M |
| Paid In Capital | 433.0M | 433.0M | 433.0M | 433.0M | 433.0M | 433.0M | 433.0M | 425.0M | 345.0M | 345.0M | 345.0M | 345.0M | 300.0M |
| Capital Reserve | 607.0M | 623.0M | 623.0M | 623.0M | 623.0M | 616.0M | 606.0M | 560.0M | 182.0M | 182.0M | 182.0M | 25.0M | -- |
| Surplus Reserve | 118.0M | 115.0M | 86.9M | 86.9M | 73.0M | 69.4M | 56.1M | 42.0M | 26.7M | 16.8M | 7.7M | 20.5M | 13.7M |
| Retained Earnings | 936.0M | 886.0M | 837.0M | 702.0M | 794.0M | 739.0M | 537.0M | 350.0M | 215.0M | 137.0M | 80.9M | 206.0M | 141.0M |
| Minority Equity | 15.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.1B | 2.1B | 2.0B | 1.9B | 1.9B | 1.9B | 1.6B | 1.4B | 777.0M | 686.0M | 618.0M | 597.0M | 454.0M |
| Total Equity | 2.2B | 2.1B | 2.0B | 1.9B | 1.9B | 1.9B | 1.6B | 1.4B | 777.0M | 686.0M | 618.0M | 597.0M | 454.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.4B | 3.9B | 4.5B | 4.5B | 3.5B | 4.2B | 3.8B | 2.5B | 2.1B | 1.9B | 1.7B | 1.9B | 1.7B |
| Tax Refunds Received | -- | 1.7M | 474,200 | 1.2M | 1.6M | 4.0M | 11.1M | 7.7M | 8.2M | 3.5M | -- | -- | -- |
| Total Operating Cash Inflow | 3.5B | 4.0B | 4.5B | 4.6B | 3.5B | 4.2B | 3.8B | 2.5B | 2.2B | 1.9B | 1.8B | 1.9B | 1.7B |
| Cash Paid For Goods | 3.1B | 3.3B | 3.6B | 4.6B | 3.1B | 3.4B | 3.4B | 2.4B | 1.7B | 1.7B | 1.4B | 1.5B | 1.6B |
| Cash Paid To Employees | 144.0M | 125.0M | 126.0M | 152.0M | 132.0M | 139.0M | 112.0M | 87.1M | 75.1M | 67.6M | 54.9M | 47.7M | 43.4M |
| Taxes Paid | 121.0M | 128.0M | 172.0M | 137.0M | 110.0M | 234.0M | 143.0M | 110.0M | 106.0M | 68.8M | 138.0M | 101.0M | 74.5M |
| Total Operating Cash Outflow | 3.5B | 3.8B | 4.1B | 5.2B | 3.4B | 4.0B | 3.9B | 2.6B | 2.0B | 1.9B | 1.7B | 1.7B | 1.8B |
| Operating Cash Flow | -18.6M | 200.0M | 475.0M | -608.0M | 80.5M | 211.0M | -52.6M | -97.0M | 176.0M | 24.9M | 77.2M | 237.0M | -82.9M |
| Total Investing Cash Inflow | 326.0M | 856.0M | 234,700 | 211.0M | 120,000 | 48.4M | 490.0M | 207.0M | 280.00 | 130,000 | 18,800 | 2.2M | -1.3M |
| Total Investing Cash Outflow | 329.0M | 984.0M | 51.9M | 194.0M | 107.0M | 121.0M | 398.0M | 419.0M | 5.5M | 10.7M | 14.4M | 13.0M | 94.0M |
| Investing Cash Flow | -3.1M | -128.0M | -51.6M | 16.9M | -107.0M | -72.9M | 91.8M | -211.0M | -5.5M | -10.6M | -14.4M | -10.7M | -95.3M |
| Cash From Borrowings | 300.0M | 300.0M | 315.0M | 392.0M | 430.0M | 450.0M | 465.0M | 250.0M | 390.0M | 435.0M | 394.0M | 499.0M | 669.0M |
| Dividends And Interest Paid | 96.7M | 94.7M | 167.0M | 159.0M | 148.0M | 82.5M | 62.5M | 49.9M | 42.4M | 52.1M | 80.0M | 31.0M | 37.1M |
| Debt Repayments | 150.0M | 315.0M | 592.0M | 300.0M | 340.0M | 455.0M | 390.0M | 410.0M | 443.0M | 382.0M | 494.0M | 647.0M | 628.0M |
| Total Financing Cash Inflow | 1.4B | 1.1B | 1.5B | 1.2B | 663.0M | 624.0M | 742.0M | 716.0M | 400.0M | 435.0M | 406.0M | 585.0M | 776.0M |
| Total Financing Cash Outflow | 1.4B | 1.2B | 1.8B | 710.0M | 658.0M | 788.0M | 465.0M | 471.0M | 490.0M | 439.0M | 574.0M | 732.0M | 706.0M |
| Financing Cash Flow | 7.0M | -60.0M | -321.0M | 456.0M | 5.0M | -164.0M | 278.0M | 245.0M | -90.4M | -4.1M | -168.0M | -147.0M | 70.0M |
| Net Change In Cash | -13.6M | 12.6M | 104.0M | -136.0M | -21.8M | -25.4M | 317.0M | -63.8M | 80.3M | 11.4M | -105.0M | 78.4M | -108.0M |
| Ending Cash Balance | 391.0M | 404.0M | 392.0M | 288.0M | 424.0M | 446.0M | 471.0M | 154.0M | 218.0M | 138.0M | 126.0M | 232.0M | 153.0M |
| Capex | 68.6M | 20.7M | 51.3M | 33.7M | 56.2M | 106.0M | 79.8M | 13.6M | 5.5M | 10.7M | 14.4M | 13.0M | 5.0M |