Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | 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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7B | 3.4B | 4.5B | 5.5B | 4.6B | 4.5B | 3.4B | 1.9B | 575.0M | 6.9M | 6.9M | 77.5M | 220.0M | 296.0M | 273.0M | 434.0M | 328.0M | 228.0M |
| Revenue Growth % | -51.5% | -24.1% | -18.5% | 20.3% | 1.6% | 32.0% | 77.9% | 235.1% | 8275.1% | -0.9% | -91.1% | -64.8% | -25.7% | 8.4% | -37.1% | 32.3% | 43.9% | -- |
| Total Revenue | 1.7B | 3.4B | 4.5B | 5.5B | 4.6B | 4.5B | 3.4B | 1.9B | 575.0M | 6.9M | 6.9M | 77.5M | 220.0M | 296.0M | 273.0M | 434.0M | 328.0M | 228.0M |
| Cost Of Revenue | 1.7B | 3.8B | 4.8B | 4.8B | 4.3B | 4.8B | 3.1B | 1.7B | 494.0M | 4.9M | 5.1M | 76.7M | 221.0M | 253.0M | 215.0M | 330.0M | 247.0M | 176.0M |
| Gross Profit | -45.0M | -358.0M | -245.0M | 776.0M | 279.0M | -282.0M | 335.0M | 217.0M | 81.0M | 1.9M | 1.8M | 776,500 | -1,000,000 | 43.0M | 58.0M | 104.0M | 81.0M | 52.0M |
| Gross Margin % | -2.7% | -10.5% | -5.4% | 14.0% | 6.1% | -6.2% | 9.8% | 11.3% | 14.1% | 28.4% | 26.0% | 1.0% | -0.5% | 14.5% | 21.2% | 24.0% | 24.7% | 22.8% |
| Total Operating Cost | 2.2B | 4.9B | 5.9B | 6.9B | 5.1B | 5.6B | 3.7B | 1.9B | 558.0M | 13.9M | 107.0M | 119.0M | 410.0M | 304.0M | 279.0M | 379.0M | 286.0M | 196.0M |
| Selling Expenses | 53.6M | 129.0M | 164.0M | 248.0M | 177.0M | 175.0M | 139.0M | 78.5M | 26.4M | -- | 146,100 | 3.1M | 13.4M | 9.4M | 14.1M | 12.2M | 10.3M | 2.7M |
| Admin Expenses | 121.0M | 253.0M | 242.0M | 187.0M | 148.0M | 155.0M | 146.0M | 58.6M | 30.4M | 15.8M | 21.8M | 28.1M | 31.3M | 21.6M | 29.2M | 23.7M | 18.6M | 4.9M |
| Finance Expenses | 262.0M | 517.0M | 439.0M | 410.0M | 264.0M | 411.0M | 233.0M | 46.2M | 4.3M | 542,800 | 890,700 | 4.9M | 13.6M | 19.0M | 17.3M | 12.0M | 10.5M | 11.5M |
| Operating Income | -531.0M | -1.4B | -1.6B | -1.5B | -441.0M | -1.1B | -211.0M | 45.6M | 20.0M | -4.1M | -99.6M | -8.2M | -190.0M | -7.4M | -6.3M | 53.4M | 42.0M | 32.7M |
| Operating Margin % | -32.0% | -40.4% | -35.6% | -26.8% | -9.6% | -23.6% | -6.2% | 2.4% | 3.5% | -59.4% | -1438.6% | -10.6% | -86.4% | -2.5% | -2.3% | 12.3% | 12.8% | 14.3% |
| Non Operating Income | 2.2M | 22.5M | 7.5M | 16.4M | 41.0M | 24.9M | 10.4M | 2.5M | 2.9M | 11.1M | 974,000 | 22.3M | 3.5M | 4.6M | 8.7M | 7.8M | 2.6M | 580,000 |
| Non Operating Expenses | 21.4M | 10.3M | 24.7M | 9.6M | 12.5M | 53.0M | 15.2M | 476,400 | 44,300 | 1.1M | 792,800 | 9.0M | 1.4M | 508,400 | 1.0M | 34,900 | 547,200 | 32,700 |
| Investment Income | 1.8M | 1.7M | 348,000 | 63,700 | 834,000 | 60,400 | 13.5M | 21.7M | 3.3M | 3.0M | -- | 33.3M | -- | -- | -2.2M | 537,600 | -- | -- |
| Fair Value Change Income | -6.7M | 72.6M | -203.0M | -99.6M | 18.9M | -16.5M | 8.4M | -- | -- | -- | -- | -- | -- | -- | 1.2M | -1.2M | -- | -- |
| Asset Disposal Income | 321,700 | -3.6M | -9.6M | -330,100 | -899,400 | -10.7M | -3.3M | 581,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 36.1M | 178.0M | 290.0M | 1.3B | 143.0M | 19.7M | 10.0M | 6.2M | 1.1M | -7.7M | 78.6M | 5.3M | 130.0M | -1.3M | 1.2M | 396,200 | -912,000 | 126,900 |
| Other Income | 389,000 | 705,400 | 181,300 | 2.1M | 2.4M | 2.9M | 1.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -550.0M | -1.4B | -1.6B | -1.5B | -412.0M | -1.1B | -216.0M | 47.6M | 22.9M | 5.9M | -99.4M | 5.1M | -188.0M | -3.2M | 1.3M | 61.2M | 44.0M | 33.2M |
| Income Tax | -70.1M | -294.0M | -253.0M | -154.0M | -82.6M | -233.0M | -67.3M | 7.0M | 6.8M | -- | -- | -- | 167,400 | 191,400 | 201,500 | 5.6M | 4.4M | 7.5M |
| Net Income | -480.0M | -1.1B | -1.4B | -1.3B | -330.0M | -865.0M | -148.0M | 40.6M | 16.0M | 5.9M | -99.4M | 5.1M | -188.0M | -3.4M | 1.1M | 55.6M | 39.6M | 25.7M |
| Net Margin % | -29.0% | -31.5% | -30.3% | -23.9% | -7.2% | -19.1% | -4.3% | 2.1% | 2.8% | 85.6% | -1436.0% | 6.6% | -85.5% | -1.2% | 0.4% | 12.8% | 12.1% | 11.3% |
| Net Income Attributable | -427.0M | -924.0M | -1.2B | -1.1B | -289.0M | -713.0M | -126.0M | 24.5M | 2.4M | 5.9M | -99.4M | 5.1M | -188.0M | -3.4M | 1.1M | 55.6M | 39.6M | 25.7M |
| Minority Interest | -52.6M | -150.0M | -215.0M | -212.0M | -41.0M | -152.0M | -22.1M | 16.1M | 13.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -2.45 | -5.31 | -6.61 | -6.37 | -1.66 | -4.95 | -0.94 | 0.18 | 0.02 | 0.04 | -0.74 | 0.04 | -1.40 | -0.03 | 0.02 | 1.11 | 0.85 | 1.28 |
| Eps Diluted | -2.45 | -5.31 | -6.61 | -6.37 | -1.66 | -4.95 | -0.94 | 0.18 | 0.02 | 0.04 | -0.74 | 0.04 | -1.40 | -0.03 | 0.02 | 1.11 | 0.85 | 1.28 |
| Line Item | FY 2025Dec 31, 2025 | 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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 99.8M | 216.0M | 144.0M | 216.0M | 184.0M | 171.0M | 463.0M | 123.0M | 98.2M | 47.8M | 10.2M | 120.0M | 81.8M | 260.0M | 389.0M | 57.6M | 43.1M | 16.0M |
| Trading Financial Assets | -- | 23.5M | 31.5M | 7.2M | 15.0M | 20.9M | 28.3M | -- | -- | -- | -- | -- | -- | -- | -- | 7.8M | -- | -- |
| Accounts Receivable | 89.0M | 350.0M | 339.0M | 450.0M | 385.0M | 355.0M | 445.0M | 269.0M | 113.0M | 592,100 | 1.7M | 3.8M | 11.1M | 16.4M | 19.2M | 8.1M | 5.8M | 7.7M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 593,600 | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 89.0M | 350.0M | 339.0M | 450.0M | 385.0M | 355.0M | 445.0M | 269.0M | 113.0M | 592,100 | 1.7M | 3.8M | 11.7M | 16.4M | 19.2M | 8.1M | 5.8M | 7.7M |
| Prepayments | 11.0M | 43.7M | 52.7M | 54.2M | 130.0M | 380.0M | 209.0M | 71.5M | 46.2M | 295,000 | 318,400 | 343,300 | 2.0M | 7.3M | 12.8M | 21.7M | 15.6M | 31.8M |
| Inventory | 194.0M | 1.5B | 1.9B | 2.8B | 2.5B | 2.4B | 2.7B | 512.0M | 460.0M | 825,900 | 6.0M | 10.3M | 65.7M | 240.0M | 220.0M | 190.0M | 196.0M | 143.0M |
| Total Current Assets | 404.0M | 2.2B | 2.6B | 3.7B | 3.3B | 3.4B | 4.0B | 997.0M | 740.0M | 50.2M | 51.7M | 184.0M | 168.0M | 553.0M | 664.0M | 286.0M | 261.0M | 198.0M |
| Long Term Equity Investment | 2,800 | 8.7M | 6.8M | 6.0M | 574,200 | 34,900 | 46,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | 60.9M | 1.9B | 2.0B | 2.3B | 1.5B | 1.5B | 1.5B | 84.7M | 121.0M | 52.9M | 58.7M | 93.0M | 141.0M | 148.0M | 142.0M | 142.0M | 106.0M | 88.0M |
| Fixed Assets Total | 60.9M | 1.9B | 2.0B | 2.3B | 1.5B | 1.5B | 1.5B | 84.7M | 121.0M | 52.9M | 58.7M | 93.0M | 141.0M | 148.0M | 142.0M | 142.0M | 106.0M | 88.0M |
| Construction In Progress | -- | 69.0M | 70.4M | 93.2M | 688.0M | 468.0M | 482.0M | 26.2M | 86.4M | 87.0M | 87.0M | 126.0M | 134.0M | 189.0M | 86.8M | 47.4M | 1.5M | 17.2M |
| Construction In Progress Total | -- | 69.0M | 70.4M | 93.2M | 688.0M | 468.0M | 482.0M | 26.2M | 86.4M | 87.0M | 87.0M | 126.0M | 134.0M | 189.0M | 86.8M | 47.4M | 1.5M | 17.2M |
| Intangible Assets | 23.9M | 3.6B | 3.8B | 4.0B | 3.6B | 3.7B | 3.8B | 11.8M | 26.5M | 16.5M | 16.9M | 18.0M | 27.5M | 28.1M | 28.8M | 29.3M | 11.8M | 11.1M |
| Long Term Deferred Expenses | 182,300 | 299,600 | 1.4M | 2.0M | 2.3M | 516,800 | 1.2M | 1.6M | 747,900 | 425,300 | 452,300 | 479,300 | 506,300 | 533,300 | -- | -- | -- | -- |
| Total Non Current Assets | 123.0M | 7.1B | 7.2B | 7.5B | 8.0B | 7.6B | 7.7B | 218.0M | 313.0M | 188.0M | 214.0M | 239.0M | 303.0M | 367.0M | 259.0M | 220.0M | 121.0M | 117.0M |
| Total Assets | 527.0M | 9.3B | 9.8B | 11.2B | 11.3B | 11.0B | 11.6B | 1.2B | 1.1B | 238.0M | 266.0M | 423.0M | 471.0M | 920.0M | 924.0M | 506.0M | 382.0M | 315.0M |
| Short Term Borrowings | -- | 77.1M | 274.0M | 311.0M | 632.0M | 637.0M | 619.0M | 357.0M | 259.0M | -- | 20.0M | 39.5M | 50.0M | 265.0M | 290.0M | 220.0M | 194.0M | 174.0M |
| Accounts Payable | 12.5M | 1.2B | 1.6B | 2.2B | 1.8B | 1.7B | 1.5B | 163.0M | 167.0M | 5.9M | 18.1M | 32.5M | 51.9M | 75.0M | 3.8M | 4.8M | 2.2M | 1.5M |
| Advance Receipts | -- | -- | -- | -- | -- | -- | 39.5M | 6.2M | 6.4M | -- | 27,700 | 30,900 | 1.9M | 3.5M | 8.7M | 1.4M | 3.5M | 12.0M |
| Contract Liabilities | 4.8M | 52.6M | 36.6M | 21.9M | 19.1M | 22.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 53.4M | 1.6B | 4.9B | 3.9B | 5.3B | 4.1B | 4.5B | 719.0M | 679.0M | 10.9M | 44.0M | 101.0M | 146.0M | 388.0M | 363.0M | 233.0M | 208.0M | 226.0M |
| Long Term Borrowings | -- | 26.9M | 41.3M | 1.8B | 2.6B | 3.4B | 4.0B | 89.9M | -- | -- | -- | -- | 13.0M | 34.0M | 45.0M | 55.0M | 15.0M | 18.0M |
| Total Non Current Liabilities | 3.9M | 8.2B | 4.5B | 7.3B | 5.0B | 5.5B | 6.4B | 105.0M | 23.5M | 16.6M | 17.1M | 17.6M | 25.8M | 45.4M | 49.5M | 58.5M | 15.0M | 18.0M |
| Total Liabilities | 57.3M | 9.8B | 9.3B | 11.3B | 10.3B | 9.6B | 10.9B | 823.0M | 702.0M | 27.5M | 61.1M | 119.0M | 172.0M | 433.0M | 413.0M | 291.0M | 223.0M | 244.0M |
| Paid In Capital | 174.0M | 174.0M | 174.0M | 174.0M | 174.0M | 174.0M | 134.0M | 134.0M | 134.0M | 134.0M | 134.0M | 134.0M | 134.0M | 134.0M | 67.0M | 50.0M | 50.0M | 20.0M |
| Capital Reserve | 3.8B | 2.7B | 2.5B | 737.0M | 709.0M | 684.0M | 324.0M | 377.0M | 377.0M | 377.0M | 377.0M | 377.0M | 377.0M | 377.0M | 444.0M | 99.7M | 99.7M | 22.0M |
| Surplus Reserve | -- | -- | -- | -- | -- | -- | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 1.4M | 6.5M | 977,200 | 2.9M |
| Retained Earnings | -5.0B | -4.6B | -3.7B | -2.5B | -1.4B | -1.1B | -401.0M | -275.0M | -299.0M | -301.0M | -307.0M | -208.0M | -213.0M | -25.3M | -1.8M | 58.8M | 8.8M | 25.9M |
| Minority Equity | 195.0M | -14.6M | 149.0M | 238.0M | 417.0M | 468.0M | 645.0M | 153.0M | 137.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 275.0M | -443.0M | 283.0M | -301.0M | 631.0M | 928.0M | 73.4M | 238.0M | 213.0M | 211.0M | 205.0M | 304.0M | 299.0M | 487.0M | 511.0M | 215.0M | 159.0M | 70.8M |
| Total Equity | 470.0M | -457.0M | 432.0M | -63.7M | 1.0B | 1.4B | 718.0M | 391.0M | 350.0M | 211.0M | 205.0M | 304.0M | 299.0M | 487.0M | 511.0M | 215.0M | 159.0M | 70.8M |
| Line Item | FY 2025Dec 31, 2025 | 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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.8B | 3.7B | 5.1B | 5.7B | 4.8B | 4.9B | 3.8B | 1.9B | 529.0M | 7.4M | 9.0M | 91.8M | 245.0M | 337.0M | 309.0M | 493.0M | 374.0M | 267.0M |
| Tax Refunds Received | 208.0M | 395.0M | 531.0M | 606.0M | 540.0M | 625.0M | 264.0M | 6.6M | 5.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.0B | 4.2B | 5.6B | 6.5B | 5.5B | 5.5B | 4.1B | 1.9B | 569.0M | 15.9M | 16.4M | 122.0M | 440.0M | 436.0M | 483.0M | 517.0M | 379.0M | 284.0M |
| Cash Paid For Goods | 2.1B | 3.6B | 4.9B | 4.8B | 4.4B | 4.8B | 3.3B | 1.8B | 487.0M | 1.8M | 6.9M | 23.8M | 72.4M | 360.0M | 382.0M | 385.0M | 324.0M | 275.0M |
| Cash Paid To Employees | 322.0M | 503.0M | 638.0M | 571.0M | 514.0M | 443.0M | 325.0M | 140.0M | 44.1M | 2.1M | 5.2M | 12.7M | 14.5M | 13.2M | 10.9M | 10.0M | 6.4M | 2.7M |
| Taxes Paid | 54.8M | 91.9M | 84.8M | 94.6M | 79.7M | 34.5M | 83.8M | 18.1M | 23.1M | 536,200 | 783,800 | 13.7M | 1.5M | 17.2M | 25.7M | 25.2M | 12.5M | 693,400 |
| Total Operating Cash Outflow | 2.5B | 4.3B | 5.7B | 5.8B | 5.2B | 5.5B | 3.8B | 2.1B | 616.0M | 13.2M | 32.2M | 85.7M | 312.0M | 409.0M | 450.0M | 445.0M | 366.0M | 282.0M |
| Operating Cash Flow | -515.0M | -144.0M | -53.8M | 678.0M | 304.0M | 88.6M | 250.0M | -186.0M | -46.9M | 2.7M | -15.8M | 35.8M | 128.0M | 27.5M | 33.4M | 71.6M | 12.6M | 2.1M |
| Total Investing Cash Inflow | 2.7M | 12.0M | 8.0M | 149,000 | 841,200 | 22.6M | 32.2M | 48.8M | 4.1M | 64.2M | 2.4M | 47.2M | 960,000 | -- | 13.8M | 537,600 | 481,800 | -- |
| Total Investing Cash Outflow | 168.0M | 248.0M | 184.0M | 429.0M | 466.0M | 662.0M | 6.3B | 23.7M | 13.9M | 8.3M | 63.7M | 13.4M | 71.7M | 66.4M | 150.0M | 112.0M | 9.8M | 37.8M |
| Investing Cash Flow | -165.0M | -236.0M | -176.0M | -429.0M | -466.0M | -640.0M | -6.3B | 25.1M | -9.7M | 55.9M | -61.3M | 33.8M | -70.8M | -66.4M | -136.0M | -112.0M | -9.3M | -37.8M |
| Cash From Borrowings | 92.1M | 951.0M | 353.0M | 791.0M | 776.0M | 1.2B | 5.5B | 1.6B | 331.0M | -- | 20.0M | -- | 103.0M | 484.0M | 396.0M | 412.0M | 301.0M | 210.0M |
| Dividends And Interest Paid | 23.4M | 148.0M | 260.0M | 171.0M | 144.0M | 254.0M | 173.0M | 32.6M | 4.3M | 586,700 | 1.1M | 4.7M | 14.9M | 35.4M | 17.2M | 11.6M | 10.6M | 11.6M |
| Debt Repayments | 131.0M | 2.9B | 1.5B | 1.7B | 1.5B | 1.1B | 1.0B | 1.4B | 415.0M | 20.0M | 52.5M | 31.5M | 325.0M | 538.0M | 331.0M | 346.0M | 316.0M | 163.0M |
| Total Financing Cash Inflow | 718.0M | 3.6B | 2.1B | 1.7B | 1.9B | 3.7B | 8.5B | 1.7B | 508.0M | -- | 20.0M | 6.0M | 105.0M | 484.0M | 796.0M | 412.0M | 350.0M | 210.0M |
| Total Financing Cash Outflow | 175.0M | 3.1B | 1.9B | 2.0B | 1.7B | 3.4B | 2.2B | 1.5B | 420.0M | 20.6M | 53.6M | 37.0M | 340.0M | 573.0M | 362.0M | 358.0M | 327.0M | 175.0M |
| Financing Cash Flow | 543.0M | 488.0M | 191.0M | -262.0M | 180.0M | 273.0M | 6.4B | 175.0M | 88.5M | -20.6M | -33.6M | -31.0M | -235.0M | -89.4M | 434.0M | 54.4M | 23.8M | 34.8M |
| Net Change In Cash | -140.0M | 103.0M | -35.2M | -6.7M | 11.2M | -254.0M | 331.0M | 11.7M | 30.4M | 38.0M | -111.0M | 38.7M | -179.0M | -128.0M | 331.0M | 14.4M | 27.1M | -950,400 |
| Ending Cash Balance | 99.8M | 240.0M | 137.0M | 172.0M | 179.0M | 168.0M | 421.0M | 89.9M | 78.2M | 47.8M | 9.8M | 120.0M | 81.8M | 260.0M | 389.0M | 57.6M | 43.1M | 16.0M |
| Capex | 122.0M | 248.0M | 182.0M | 426.0M | 466.0M | 640.0M | 251.0M | 23.7M | 7.7M | 8.3M | 13.7M | 13.4M | 71.7M | 66.4M | 146.0M | 103.0M | 9.8M | 37.8M |