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 | 1.6B | 1.9B | 2.3B | 2.2B | 1.7B | 1.4B | 1.6B | 1.5B | 1.4B | 1.3B | 1.0B | 854.0M | 760.0M |
| Revenue Growth % | -14.8% | -17.5% | 4.0% | 32.3% | 20.6% | -12.7% | 6.3% | 7.3% | 5.9% | 28.8% | 20.8% | 12.4% | -- |
| Total Revenue | 1.6B | 1.9B | 2.3B | 2.2B | 1.7B | 1.4B | 1.6B | 1.5B | 1.4B | 1.3B | 1.0B | 854.0M | 760.0M |
| Cost Of Revenue | 1.4B | 1.7B | 2.0B | 2.0B | 1.5B | 1.2B | 1.4B | 1.2B | 1.1B | 1.1B | 835.0M | 711.0M | 604.0M |
| Gross Profit | 196.0M | 261.0M | 340.0M | 268.0M | 200.0M | 215.0M | 221.0M | 268.0M | 283.0M | 236.0M | 197.0M | 143.0M | 156.0M |
| Gross Margin % | 12.0% | 13.6% | 14.6% | 12.0% | 11.8% | 15.3% | 13.8% | 17.7% | 20.1% | 17.8% | 19.1% | 16.7% | 20.5% |
| Total Operating Cost | 1.9B | 2.2B | 2.3B | 2.3B | 1.7B | 1.4B | 1.6B | 1.4B | 1.3B | 1.2B | 953.0M | 795.0M | 689.0M |
| Selling Expenses | 117.0M | 112.0M | 49.9M | 52.0M | 36.1M | 49.1M | 44.6M | 37.2M | 34.3M | 22.5M | 19.0M | 11.8M | 10.0M |
| Admin Expenses | 127.0M | 134.0M | 108.0M | 90.8M | 64.7M | 54.7M | 78.9M | 61.2M | 133.0M | 106.0M | 83.4M | 59.9M | 62.4M |
| Rd Expenses | 135.0M | 136.0M | 110.0M | 96.1M | 81.4M | 78.4M | 65.0M | 56.8M | -- | -- | -- | -- | -- |
| Finance Expenses | 18.4M | 30.3M | 10.8M | 20.8M | 14.7M | 4.6M | 3.5M | 10.1M | 6.9M | 9.5M | 4.9M | 5.3M | 4.3M |
| Operating Income | -278.0M | -266.0M | 60.6M | -61.8M | -8.5M | 18.8M | 21.4M | 91.6M | 97.1M | 90.6M | 79.2M | 59.2M | 70.6M |
| Operating Margin % | -17.0% | -13.9% | 2.6% | -2.8% | -0.5% | 1.3% | 1.3% | 6.1% | 6.9% | 6.8% | 7.7% | 6.9% | 9.3% |
| Non Operating Income | 640,900 | 379,100 | 434,100 | 1.1M | 1.9M | 3.9M | 3.8M | 441,400 | 6.3M | 1.0M | 676,500 | 167,600 | 1.2M |
| Non Operating Expenses | 4.2M | 626,400 | 1.5M | 870,300 | 779,600 | 574,900 | 1.7M | 607,500 | 1.5M | 464,400 | 1.1M | 250,200 | 2.4M |
| Investment Income | 1.3M | -4.4M | 20.1M | 9,536 | 311,100 | 2.7M | 6.0M | 1.3M | 185,100 | -- | 106,500 | 7,452 | -- |
| Fair Value Change Income | -1.7M | -- | 6.4M | 23.4M | 4.0M | -281,000 | 94,400 | 186,600 | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2.6M | -3.5M | -313,700 | 407,100 | 58,700 | -10,500 | 227,200 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 78.8M | 87.4M | 18.9M | 94.9M | 15.1M | 3.3M | 11.8M | 9.0M | 5.9M | 3.7M | 5.6M | 3.9M | 2.5M |
| Other Income | 16.8M | 13.3M | 16.2M | 11.0M | 6.9M | 3.7M | 5.3M | 5.9M | -- | -- | -- | -- | -- |
| Income Before Tax | -281.0M | -267.0M | 59.6M | -61.6M | -7.4M | 22.1M | 23.6M | 91.4M | 102.0M | 91.2M | 78.8M | 59.1M | 69.3M |
| Income Tax | 27.5M | 416,100 | -5.3M | 6.6M | -9.1M | -3.8M | -1.8M | 11.1M | 11.3M | 10.2M | 10.5M | 7.8M | 8.9M |
| Net Income | -309.0M | -267.0M | 64.9M | -68.2M | 1.7M | 25.9M | 25.4M | 80.4M | 90.7M | 80.9M | 68.3M | 51.2M | 60.4M |
| Net Margin % | -18.9% | -13.9% | 2.8% | -3.1% | 0.1% | 1.9% | 1.6% | 5.3% | 6.4% | 6.1% | 6.6% | 6.0% | 8.0% |
| Net Income Attributable | -291.0M | -259.0M | 68.7M | -58.0M | 4.3M | 27.0M | 25.8M | 80.4M | 90.7M | 80.9M | 68.3M | 51.2M | 60.4M |
| Minority Interest | -18.1M | -7.6M | -3.7M | -10.2M | -2.7M | -1.0M | -356,900 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -1.27 | -1.23 | 0.33 | -0.28 | 0.02 | 0.13 | 0.18 | 0.71 | 0.86 | 0.77 | 0.65 | 0.49 | 0.58 |
| Eps Diluted | -1.27 | -1.23 | 0.33 | -0.28 | 0.02 | 0.13 | 0.12 | 0.71 | 0.86 | -- | -- | -- | -- |
| 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 | 306.0M | 231.0M | 232.0M | 230.0M | 278.0M | 388.0M | 172.0M | 170.0M | 83.6M | 60.3M | 86.2M | 64.4M | 85.3M |
| Trading Financial Assets | 70.1M | -- | 6.4M | 23.4M | 4.0M | -- | 70.3M | 65.2M | -- | -- | -- | -- | -- |
| Accounts Receivable | 482.0M | 565.0M | 694.0M | 712.0M | 630.0M | 478.0M | 558.0M | 525.0M | 370.0M | 338.0M | 313.0M | 256.0M | 215.0M |
| Notes Receivable | 95.8M | 149.0M | 207.0M | 146.0M | 87.9M | 64.8M | 199.0M | 95.1M | 36.6M | 118.0M | 36.3M | 32.6M | 14.3M |
| Notes And Accounts Receivable | 578.0M | 713.0M | 901.0M | 858.0M | 718.0M | 542.0M | 757.0M | 620.0M | 406.0M | 456.0M | 350.0M | 289.0M | 230.0M |
| Prepayments | 35.9M | 21.6M | 22.2M | 17.6M | 4.2M | 212,100 | 375,100 | 269,600 | 6.1M | 4.1M | 15.4M | 3.4M | 2.6M |
| Inventory | 473.0M | 473.0M | 578.0M | 607.0M | 498.0M | 317.0M | 322.0M | 297.0M | 356.0M | 295.0M | 232.0M | 223.0M | 210.0M |
| Total Current Assets | 1.6B | 1.5B | 1.9B | 1.8B | 1.6B | 1.4B | 1.4B | 1.4B | 867.0M | 831.0M | 689.0M | 591.0M | 553.0M |
| Long Term Equity Investment | 26.8M | 20.8M | 39.3M | 34.2M | 10.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 715.0M | -- | 637.0M | 555.0M | 331.0M | 294.0M | 247.0M | 218.0M | 177.0M | 91.6M | 43.4M | 39.2M |
| Fixed Assets Total | 738.0M | 716.0M | 739.0M | 637.0M | 555.0M | 331.0M | 294.0M | 247.0M | 218.0M | 177.0M | 91.6M | 43.4M | 39.2M |
| Construction In Progress | -- | 63.7M | -- | 97.7M | 77.9M | 55.3M | 32.3M | 6.0M | 1.0M | 1.6M | 28.6M | 27.0M | 2.5M |
| Construction In Progress Total | 126.0M | 63.7M | 5.9M | 97.7M | 77.9M | 55.3M | 32.3M | 6.0M | 1.0M | 1.6M | 28.6M | 27.0M | 2.5M |
| Intangible Assets | 47.8M | 48.0M | 50.6M | 42.5M | 41.8M | 37.5M | 39.4M | 35.9M | 36.0M | 27.6M | 28.1M | 28.5M | 688,400 |
| Long Term Deferred Expenses | 18.5M | 19.1M | 25.5M | 28.2M | 20.3M | 10.4M | 12.0M | 4.5M | 5.4M | 3.1M | 2.9M | 2.6M | 1.2M |
| Total Non Current Assets | 1.1B | 1.0B | 1.0B | 1.0B | 856.0M | 476.0M | 397.0M | 315.0M | 265.0M | 212.0M | 154.0M | 103.0M | 45.3M |
| Total Assets | 2.7B | 2.6B | 2.9B | 2.8B | 2.5B | 1.9B | 1.8B | 1.7B | 1.1B | 1.0B | 842.0M | 694.0M | 599.0M |
| Short Term Borrowings | 412.0M | 402.0M | 280.0M | 214.0M | 286.0M | 123.0M | 149.0M | 100.0M | 101.0M | 64.9M | 65.6M | 56.7M | 45.7M |
| Accounts Payable | 631.0M | 532.0M | 655.0M | 798.0M | 624.0M | 389.0M | 348.0M | 372.0M | 350.0M | 344.0M | 226.0M | 210.0M | 194.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.3M | 894,400 | 368,600 | 533,000 | 223,300 | 144,400 | 161,700 | 91,500 |
| Contract Liabilities | 11.0M | 4.6M | 2.2M | 8.7M | 2.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.5B | 1.5B | 1.6B | 1.6B | 1.3B | 801.0M | 734.0M | 634.0M | 593.0M | 589.0M | 427.0M | 373.0M | 329.0M |
| Long Term Borrowings | 115.0M | 102.0M | 51.0M | 92.0M | 27.9M | -- | -- | -- | -- | 5.2M | 25.9M | -- | -- |
| Total Non Current Liabilities | 171.0M | 199.0M | 219.0M | 203.0M | 49.4M | 2.7M | 2.8M | 301,300 | -- | 5.2M | 25.9M | -- | -- |
| Total Liabilities | 1.7B | 1.7B | 1.8B | 1.8B | 1.4B | 804.0M | 737.0M | 634.0M | 593.0M | 595.0M | 453.0M | 373.0M | 329.0M |
| Paid In Capital | 235.0M | 212.0M | 212.0M | 210.0M | 210.0M | 210.0M | 140.0M | 140.0M | 105.0M | 105.0M | 105.0M | 105.0M | 75.0M |
| Capital Reserve | 864.0M | 475.0M | 464.0M | 453.0M | 453.0M | 460.0M | 531.0M | 523.0M | 123.0M | 123.0M | 123.0M | 123.0M | 153.0M |
| Surplus Reserve | 52.5M | 52.5M | 52.5M | 46.0M | 47.0M | 46.3M | 43.7M | 41.9M | 34.9M | 26.1M | 18.3M | 11.4M | 6.2M |
| Retained Earnings | -196.0M | 95.4M | 362.0M | 295.0M | 353.0M | 359.0M | 342.0M | 339.0M | 277.0M | 195.0M | 143.0M | 81.2M | 35.2M |
| Minority Equity | -1.2M | 11.1M | 33.1M | 47.2M | 41.2M | 6.9M | 5.3M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 954.0M | 823.0M | 1.1B | 1.0B | 1.1B | 1.1B | 1.1B | 1.0B | 540.0M | 449.0M | 389.0M | 321.0M | 270.0M |
| Total Equity | 953.0M | 834.0M | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | 540.0M | 449.0M | 389.0M | 321.0M | 270.0M |
| 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 | 1.4B | 1.5B | 1.9B | 1.9B | 1.3B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | 873.0M | 707.0M | 635.0M |
| Tax Refunds Received | 26.1M | 48.5M | 71.8M | 80.7M | 48.8M | 24.6M | 36.6M | 13.1M | 21.1M | 9.6M | 11.9M | 17.9M | -- |
| Total Operating Cash Inflow | 1.4B | 1.6B | 2.0B | 2.0B | 1.4B | 1.2B | 1.1B | 1.1B | 1.2B | 1.0B | 886.0M | 726.0M | 641.0M |
| Cash Paid For Goods | 835.0M | 929.0M | 1.4B | 1.3B | 894.0M | 529.0M | 819.0M | 695.0M | 719.0M | 679.0M | 632.0M | 501.0M | 424.0M |
| Cash Paid To Employees | 437.0M | 383.0M | 416.0M | 427.0M | 313.0M | 234.0M | 264.0M | 252.0M | 229.0M | 198.0M | 150.0M | 137.0M | 131.0M |
| Taxes Paid | 53.5M | 60.0M | 58.0M | 46.4M | 26.6M | 32.0M | 33.6M | 63.0M | 47.0M | 44.1M | 36.3M | 26.7M | 23.6M |
| Total Operating Cash Outflow | 1.5B | 1.6B | 2.0B | 1.9B | 1.3B | 885.0M | 1.2B | 1.1B | 1.1B | 977.0M | 859.0M | 700.0M | 613.0M |
| Operating Cash Flow | -45.2M | 34.5M | -34.3M | 83.5M | 24.4M | 275.0M | -39.8M | 22.7M | 93.3M | 58.3M | 27.3M | 25.1M | 27.5M |
| Total Investing Cash Inflow | 366.0M | 2.8M | 18.4M | 1.4M | 84.9M | 430.0M | 675.0M | 36,800 | 749,300 | 43,700 | 60.1M | 5.8M | -- |
| Total Investing Cash Outflow | 621.0M | 106.0M | 125.0M | 183.0M | 381.0M | 454.0M | 652.0M | 353.0M | 65.1M | 52.2M | 109.0M | 60.9M | 20.2M |
| Investing Cash Flow | -255.0M | -103.0M | -107.0M | -181.0M | -296.0M | -23.9M | 22.5M | -353.0M | -64.3M | -52.2M | -48.7M | -55.1M | -20.2M |
| Cash From Borrowings | 589.0M | 670.0M | 580.0M | 367.0M | 323.0M | 156.0M | 193.0M | 236.0M | 134.0M | 64.9M | 209.0M | 111.0M | 83.0M |
| Dividends And Interest Paid | 20.0M | 22.9M | 24.0M | 10.9M | 16.8M | 13.6M | 27.1M | 17.0M | 4.2M | 24.0M | 4.3M | 2.8M | 3.6M |
| Debt Repayments | 537.0M | 460.0M | 486.0M | 374.0M | 146.0M | 183.0M | 147.0M | 235.0M | 127.0M | 81.3M | 160.0M | 99.8M | 37.3M |
| Total Financing Cash Inflow | 1.1B | 686.0M | 769.0M | 513.0M | 426.0M | 197.0M | 244.0M | 746.0M | 182.0M | 116.0M | 237.0M | 136.0M | 83.0M |
| Total Financing Cash Outflow | 734.0M | 647.0M | 623.0M | 453.0M | 284.0M | 280.0M | 202.0M | 333.0M | 182.0M | 146.0M | 208.0M | 136.0M | 55.7M |
| Financing Cash Flow | 365.0M | 39.1M | 147.0M | 59.7M | 142.0M | -83.0M | 42.1M | 413.0M | -302,500 | -29.4M | 29.3M | -422,300 | 27.3M |
| Net Change In Cash | 55.3M | -28.5M | 10.7M | -38.8M | -135.0M | 170.0M | 25.7M | 79.9M | 29.3M | -24.4M | 7.9M | -29.8M | 34.9M |
| Ending Cash Balance | 190.0M | 134.0M | 163.0M | 152.0M | 191.0M | 326.0M | 156.0M | 130.0M | 50.2M | 20.9M | 45.3M | 37.4M | 67.2M |
| Capex | 120.0M | 96.0M | 120.0M | 151.0M | 241.0M | 117.0M | 113.0M | 88.1M | 65.1M | 52.2M | 48.8M | 55.3M | 20.2M |