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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.9B | 3.9B | 4.0B | 3.3B | 2.8B | 2.2B | 1.6B | 1.2B | 862.0M | 526.0M |
| Revenue Growth % | -0.7% | -0.3% | 18.7% | 17.8% | 28.9% | 39.3% | 32.8% | 37.7% | 63.9% | -- |
| Total Revenue | 3.9B | 3.9B | 4.0B | 3.3B | 2.8B | 2.2B | 1.6B | 1.2B | 862.0M | 526.0M |
| Cost Of Revenue | 2.9B | 2.9B | 3.0B | 2.5B | 2.2B | 1.8B | 1.3B | 969.0M | 675.0M | 378.0M |
| Gross Profit | 1.1B | 1.0B | 1.0B | 806.0M | 677.0M | 405.0M | 288.0M | 218.0M | 187.0M | 148.0M |
| Gross Margin % | 26.9% | 26.0% | 25.4% | 24.2% | 23.9% | 18.5% | 18.3% | 18.4% | 21.7% | 28.1% |
| Total Operating Cost | 3.6B | 3.7B | 3.7B | 3.1B | 2.6B | 2.0B | 1.4B | 1.1B | 754.0M | 467.0M |
| Selling Expenses | 62.8M | 46.0M | 41.2M | 59.2M | 44.3M | 36.3M | 27.6M | 19.3M | 8.6M | 7.9M |
| Admin Expenses | 256.0M | 320.0M | 376.0M | 337.0M | 265.0M | 133.0M | 90.4M | 63.8M | 38.8M | 46.5M |
| Rd Expenses | 44.7M | 43.1M | 28.4M | 11.5M | 3.1M | -- | -- | -- | -- | -- |
| Finance Expenses | 200.0M | 190.0M | 155.0M | 107.0M | 68.1M | 44.3M | 19.2M | 5.8M | 3.5M | 5.0M |
| Operating Income | 379.0M | 373.0M | 366.0M | 301.0M | 443.0M | 173.0M | 138.0M | 104.0M | 110.0M | 57.7M |
| Operating Margin % | 9.7% | 9.5% | 9.3% | 9.0% | 15.7% | 7.9% | 8.8% | 8.8% | 12.8% | 11.0% |
| Non Operating Income | 3.7M | 5.0M | 3.9M | 27.4M | 13.3M | 13.1M | 7.3M | 2.7M | 5.2M | 2.9M |
| Non Operating Expenses | 34.7M | 23.6M | 20.3M | 27.7M | 4.7M | 3.2M | 3.7M | 3.8M | 733,000 | 1.1M |
| Investment Income | 23.1M | 68.4M | 14.7M | 5.5M | 674,000 | 1.3M | 77,500 | 750,700 | 564,800 | 137,500 |
| Asset Disposal Income | 3.2M | 3.7M | 32.4M | 1.9M | -551,100 | -2.6M | -1.1M | -961,100 | 724,900 | -1.5M |
| Asset Impairment Loss | 2.5M | 30.6M | 11.9M | 13.4M | 5.2M | -- | 6.1M | 19.9M | 11.6M | 2.4M |
| Other Income | 8.2M | 19.5M | 29.1M | 57.4M | 166.0M | 7.0M | 1.8M | 1.3M | -- | -- |
| Income Before Tax | 348.0M | 355.0M | 350.0M | 301.0M | 452.0M | 183.0M | 142.0M | 103.0M | 114.0M | 59.6M |
| Income Tax | 40.6M | 25.9M | 44.8M | 47.4M | 45.0M | 14.6M | 8.7M | 5.5M | 15.7M | 5.9M |
| Net Income | 307.0M | 329.0M | 305.0M | 253.0M | 407.0M | 169.0M | 133.0M | 97.1M | 98.6M | 53.7M |
| Net Margin % | 7.8% | 8.3% | 7.7% | 7.6% | 14.4% | 7.7% | 8.4% | 8.2% | 11.4% | 10.2% |
| Net Income Attributable | 289.0M | 317.0M | 315.0M | 255.0M | 376.0M | 131.0M | 103.0M | 89.7M | 99.6M | 54.1M |
| Minority Interest | 18.3M | 12.1M | -9.5M | -2.0M | 31.3M | 37.2M | 30.2M | 7.4M | -964,500 | -439,600 |
| Eps Basic | 0.71 | 0.78 | 0.77 | 0.62 | 0.92 | 0.36 | 0.28 | 0.25 | 0.31 | -- |
| Eps Diluted | 0.71 | 0.78 | 0.77 | 0.62 | 0.92 | 0.36 | 0.28 | 0.25 | 0.31 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 318.0M | 508.0M | 643.0M | 510.0M | 673.0M | 394.0M | 231.0M | 142.0M | 176.0M | 88.3M |
| Trading Financial Assets | -- | -- | -- | -- | 28.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.7B | 2.2B | 1.5B | 915.0M | 499.0M | 758.0M | 423.0M | 300.0M | 175.0M | -- |
| Notes And Accounts Receivable | 2.7B | 2.2B | 1.5B | 915.0M | 499.0M | 758.0M | 423.0M | 300.0M | 175.0M | 107.0M |
| Prepayments | 19.9M | 32.9M | 34.9M | 28.3M | 22.9M | 15.3M | 7.5M | 11.5M | 4.6M | 1.7M |
| Inventory | 34.9M | 25.5M | 32.0M | 33.2M | 3.1M | -- | -- | -- | -- | -- |
| Total Current Assets | 4.5B | 3.9B | 3.5B | 2.6B | 2.2B | 1.4B | 908.0M | 696.0M | 473.0M | 267.0M |
| Long Term Equity Investment | 164.0M | 141.0M | 114.0M | 80.8M | 44.1M | 15.8M | 15.8M | 14.8M | 14.2M | -- |
| Fixed Assets | -- | 773.0M | 638.0M | 622.0M | -- | 694.0M | 493.0M | -- | -- | -- |
| Fixed Assets Total | 740.0M | 773.0M | 638.0M | 622.0M | 696.0M | 694.0M | 493.0M | 265.0M | 129.0M | 79.2M |
| Construction In Progress | -- | 34.7M | 521.0M | 350.0M | 64.9M | -- | -- | -- | -- | -- |
| Construction In Progress Total | 15.6M | 34.7M | 521.0M | 350.0M | 64.9M | -- | -- | -- | 15.2M | 2.1M |
| Intangible Assets | 1.6B | 1.5B | 1.5B | 1.6B | 1.1B | 929.0M | 432.0M | 22.8M | 12.6M | 7.8M |
| Long Term Deferred Expenses | 153.0M | 161.0M | 116.0M | 28.5M | 88.2M | 63.2M | 45.5M | 18.4M | 2.4M | -- |
| Total Non Current Assets | 3.7B | 3.6B | 3.3B | 3.1B | 2.3B | 1.9B | 1.1B | 332.0M | 179.0M | 93.4M |
| Total Assets | 8.3B | 7.5B | 6.9B | 5.7B | 4.5B | 3.3B | 2.0B | 1.0B | 651.0M | 361.0M |
| Short Term Borrowings | 1.8B | 2.0B | 1.7B | 1.4B | 926.0M | 456.0M | 112.0M | 49.8M | 30.0M | 30.0M |
| Accounts Payable | 844.0M | 729.0M | 765.0M | 614.0M | 449.0M | 535.0M | 300.0M | 125.0M | 87.1M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 382,000 | -- | 7.3M | -- | 988,300 |
| Contract Liabilities | 10.2M | 8.1M | 5.8M | 4.2M | 1.5M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.6B | 3.4B | 3.1B | 2.4B | 1.7B | 1.4B | 620.0M | 276.0M | 180.0M | 140.0M |
| Long Term Borrowings | 923.0M | 955.0M | 993.0M | 817.0M | 641.0M | 531.0M | 316.0M | 14.8M | 8.6M | -- |
| Total Non Current Liabilities | 2.0B | 1.7B | 1.7B | 1.4B | 1.1B | 637.0M | 499.0M | 83.8M | 8.6M | -- |
| Total Liabilities | 5.6B | 5.1B | 4.7B | 3.8B | 2.8B | 2.0B | 1.1B | 360.0M | 189.0M | 140.0M |
| Paid In Capital | 409.0M | 409.0M | 409.0M | 409.0M | 409.0M | 409.0M | 368.0M | 368.0M | 97.7M | 90.0M |
| Capital Reserve | 258.0M | 261.0M | 261.0M | 261.0M | 267.0M | 266.0M | 117.0M | 108.0M | 262.0M | 67.2M |
| Surplus Reserve | 144.0M | 84.5M | 74.2M | 58.1M | 45.9M | 29.5M | 23.4M | 17.3M | 10.1M | 14.4M |
| Retained Earnings | 1.6B | 1.4B | 1.1B | 884.0M | 697.0M | 352.0M | 237.0M | 140.0M | 88.0M | 46.1M |
| Minority Equity | 243.0M | 250.0M | 229.0M | 248.0M | 258.0M | 209.0M | 133.0M | 34.3M | 4.9M | 2.8M |
| Equity Attributable | 2.4B | 2.2B | 1.9B | 1.6B | 1.4B | 1.1B | 745.0M | 634.0M | 458.0M | 218.0M |
| Total Equity | 2.7B | 2.4B | 2.1B | 1.9B | 1.7B | 1.3B | 878.0M | 668.0M | 463.0M | 220.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.3B | 3.4B | 3.5B | 3.0B | 2.8B | 2.0B | 1.5B | 1.1B | 827.0M | 513.0M |
| Tax Refunds Received | 1.8M | 2.6M | 78.6M | 3.0M | 2.2M | 6.9M | 5.2M | 53.5M | -- | -- |
| Total Operating Cash Inflow | 3.3B | 3.4B | 3.6B | 3.1B | 2.8B | 2.0B | 1.7B | 1.2B | 833.0M | 517.0M |
| Cash Paid For Goods | 735.0M | 901.0M | 923.0M | 751.0M | 617.0M | 471.0M | 411.0M | 292.0M | 145.0M | 72.8M |
| Cash Paid To Employees | 1.9B | 1.9B | 2.1B | 1.8B | 1.5B | 1.2B | 897.0M | 687.0M | 482.0M | 259.0M |
| Taxes Paid | 227.0M | 240.0M | 155.0M | 133.0M | 49.4M | 88.7M | 77.2M | 73.8M | 83.9M | 51.6M |
| Total Operating Cash Outflow | 3.2B | 3.3B | 3.4B | 3.0B | 2.5B | 1.9B | 1.5B | 1.3B | 775.0M | 426.0M |
| Operating Cash Flow | 158.0M | 79.5M | 182.0M | 119.0M | 305.0M | 147.0M | 208.0M | -79.8M | 58.7M | 91.0M |
| Total Investing Cash Inflow | 27.6M | 216.0M | 140.0M | 59.9M | 69.6M | 33.5M | 4.3M | 1.3M | 466.0M | 241.0M |
| Total Investing Cash Outflow | 405.0M | 540.0M | 611.0M | 728.0M | 811.0M | 707.0M | 705.0M | 158.0M | 569.0M | 289.0M |
| Investing Cash Flow | -377.0M | -324.0M | -471.0M | -668.0M | -741.0M | -673.0M | -700.0M | -157.0M | -103.0M | -48.1M |
| Cash From Borrowings | 3.6B | 2.9B | 2.5B | 1.7B | 1.2B | 872.0M | 460.0M | 64.6M | 38.6M | 65.0M |
| Dividends And Interest Paid | 213.0M | 208.0M | 178.0M | 146.0M | 91.1M | 56.7M | 11.0M | 34.6M | 21.1M | 75.8M |
| Debt Repayments | 3.8B | 2.5B | 2.0B | 1.0B | 611.0M | 304.0M | 106.0M | 30.0M | 30.0M | 74.0M |
| Total Financing Cash Inflow | 4.0B | 2.9B | 2.6B | 1.7B | 1.6B | 1.2B | 767.0M | 262.0M | 173.0M | 233.0M |
| Total Financing Cash Outflow | 4.1B | 2.8B | 2.2B | 1.3B | 912.0M | 556.0M | 193.0M | 71.9M | 51.1M | 207.0M |
| Financing Cash Flow | -80.9M | 115.0M | 417.0M | 402.0M | 719.0M | 686.0M | 574.0M | 190.0M | 121.0M | 26.4M |
| Net Change In Cash | -300.0M | -130.0M | 129.0M | -147.0M | 283.0M | 160.0M | 82.3M | -46.8M | 77.0M | 69.2M |
| Ending Cash Balance | 193.0M | 493.0M | 623.0M | 495.0M | 641.0M | 358.0M | 197.0M | 115.0M | 162.0M | 84.9M |
| Capex | 396.0M | 520.0M | 529.0M | 688.0M | 679.0M | 704.0M | 704.0M | 158.0M | 93.6M | 46.6M |