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 | 7.8B | 7.3B | 6.9B | 6.6B | 3.3B | 3.0B | 3.5B | 1.7B | 804.0M | 554.0M | 447.0M | 319.0M | 218.0M | 186.0M |
| Revenue Growth % | 6.3% | 6.3% | 4.5% | 98.2% | 11.0% | -15.7% | 109.0% | 110.9% | 45.1% | 23.9% | 40.1% | 46.3% | 17.2% | -- |
| Total Revenue | 7.8B | 7.3B | 6.9B | 6.6B | 3.3B | 3.0B | 3.5B | 1.7B | 804.0M | 554.0M | 447.0M | 319.0M | 218.0M | 186.0M |
| Cost Of Revenue | 6.4B | 6.1B | 5.7B | 5.0B | 2.6B | 2.2B | 2.4B | 1.1B | 479.0M | 333.0M | 246.0M | 174.0M | 114.0M | 93.9M |
| Gross Profit | 1.4B | 1.2B | 1.1B | 1.5B | 764.0M | 774.0M | 1.1B | 549.0M | 325.0M | 221.0M | 201.0M | 145.0M | 104.0M | 92.1M |
| Gross Margin % | 17.7% | 16.0% | 16.4% | 23.3% | 23.0% | 25.9% | 30.9% | 32.4% | 40.4% | 39.9% | 45.0% | 45.5% | 47.7% | 49.5% |
| Total Operating Cost | 7.6B | 7.3B | 6.8B | 5.9B | 3.3B | 3.0B | 3.1B | 1.5B | 683.0M | 495.0M | 364.0M | 256.0M | 169.0M | 140.0M |
| Selling Expenses | 98.9M | 67.0M | 73.7M | 62.1M | 108.0M | 120.0M | 124.0M | 62.2M | 56.9M | 44.9M | 36.5M | 26.6M | 16.6M | 13.4M |
| Admin Expenses | 455.0M | 402.0M | 270.0M | 319.0M | 203.0M | 189.0M | 221.0M | 111.0M | 123.0M | 85.1M | 65.9M | 45.4M | 33.0M | 27.5M |
| Rd Expenses | 239.0M | 287.0M | 300.0M | 248.0M | 154.0M | 135.0M | 154.0M | 82.2M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 73.9M | 133.0M | 133.0M | 101.0M | 106.0M | 103.0M | 129.0M | 32.1M | 3.6M | 2.1M | 8.9M | 5.7M | 2.9M | 3.4M |
| Operating Income | 267.0M | 21.9M | 63.9M | 660.0M | 83.3M | 14.0M | 446.0M | 237.0M | 123.0M | 58.8M | 82.3M | 63.6M | 49.0M | 45.8M |
| Operating Margin % | 3.4% | 0.3% | 0.9% | 10.0% | 2.5% | 0.5% | 12.6% | 14.0% | 15.3% | 10.6% | 18.4% | 19.9% | 22.5% | 24.6% |
| Non Operating Income | 12.8M | 2.7M | 5.1M | 5.1M | 1.2M | 8.8M | 738,000 | 232,600 | 2.4M | 799,600 | 958,300 | 6.6M | 2.6M | 2.7M |
| Non Operating Expenses | 33.8M | 7.0M | 13.2M | 13.4M | 16.6M | 3.3M | 1.0M | 2.2M | 3.0M | 345,600 | 100,000 | 341,600 | 100,000 | 69,200 |
| Investment Income | -12.0M | -17.0M | -12.1M | 6.4M | 51.4M | -5.3M | 176,500 | 3.2M | 1.8M | -- | -- | -- | -- | -- |
| Fair Value Change Income | 19.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 21,800 | -4.8M | 891,000 | -8.6M | -1.4M | 39,000 | -869,900 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 108.0M | 122.0M | 218.0M | 18.3M | 105.0M | 222.0M | 29.9M | 24.2M | 14.3M | 26.2M | 4.1M | 2.0M | 1.2M | 650,600 |
| Other Income | 74.6M | 57.6M | 38.1M | 19.6M | 24.9M | 21.7M | 20.3M | 10.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 246.0M | 17.6M | 55.8M | 652.0M | 67.9M | 19.5M | 446.0M | 235.0M | 122.0M | 59.2M | 83.2M | 69.9M | 51.5M | 48.5M |
| Income Tax | 53.8M | 45.4M | -18.1M | 84.4M | 10.3M | -777,100 | 61.0M | 24.8M | 16.8M | 8.3M | 10.9M | 9.6M | 7.4M | 7.0M |
| Net Income | 192.0M | -27.8M | 73.8M | 568.0M | 57.6M | 20.3M | 385.0M | 210.0M | 105.0M | 50.9M | 72.3M | 60.2M | 44.1M | 41.4M |
| Net Margin % | 2.5% | -0.4% | 1.1% | 8.6% | 1.7% | 0.7% | 10.9% | 12.4% | 13.1% | 9.2% | 16.2% | 18.9% | 20.2% | 22.3% |
| Net Income Attributable | 157.0M | -27.9M | 86.2M | 562.0M | 60.5M | 24.0M | 220.0M | 152.0M | 101.0M | 50.9M | 72.3M | 60.2M | 44.1M | 41.4M |
| Minority Interest | 35.2M | 56,700 | -12.3M | 5.9M | -2.9M | -3.7M | 165.0M | 57.8M | 4.1M | -7,400 | -- | -- | -- | -- |
| Eps Basic | 0.27 | -0.05 | 0.15 | 1.02 | 0.13 | 0.05 | 0.56 | 0.39 | 0.47 | 0.26 | 0.96 | 1.24 | 0.90 | 0.88 |
| Eps Diluted | 0.27 | -0.05 | 0.15 | 1.02 | 0.13 | 0.05 | 0.52 | 0.39 | 0.47 | 0.26 | 0.96 | 1.24 | 0.90 | 0.88 |
| 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 | 2.7B | 4.2B | 1.5B | 1.0B | 393.0M | 413.0M | 739.0M | 483.0M | 288.0M | 125.0M | 340.0M | 60.9M | 63.6M | 69.6M |
| Trading Financial Assets | 650.0M | -- | -- | -- | 23.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 997.0M | 1.4B | 1.6B | 1.3B | 591.0M | 312.0M | 548.0M | 414.0M | 230.0M | 205.0M | 147.0M | 89.0M | 65.0M | 47.9M |
| Notes Receivable | 184.0M | 211.0M | 250.0M | 480.0M | 303.0M | 102.0M | 548.0M | 453.0M | 240.0M | 114.0M | 55.4M | 54.4M | 12.0M | 10.7M |
| Notes And Accounts Receivable | 1.2B | 1.6B | 1.9B | 1.8B | 894.0M | 415.0M | 1.1B | 867.0M | 470.0M | 320.0M | 203.0M | 143.0M | 77.0M | 58.6M |
| Prepayments | 273.0M | 190.0M | 323.0M | 226.0M | 108.0M | 102.0M | 35.3M | 192.0M | 8.7M | 1.8M | 3.2M | 5.9M | 5.2M | 2.5M |
| Inventory | 2.6B | 1.8B | 2.1B | 1.7B | 925.0M | 930.0M | 1.4B | 868.0M | 288.0M | 212.0M | 121.0M | 97.7M | 71.5M | 49.2M |
| Total Current Assets | 7.9B | 8.8B | 6.4B | 5.0B | 2.6B | 2.2B | 3.3B | 2.5B | 1.2B | 709.0M | 675.0M | 317.0M | 225.0M | 181.0M |
| Long Term Equity Investment | 116.0M | 69.2M | 79.4M | 91.8M | 110.0M | 24.9M | 24.7M | -- | 50.5M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 3.4B | 2.7B | 1.3B | 1.1B | 1.0B | 822.0M | 565.0M | 216.0M | 179.0M | 98.5M | 74.8M | 50.7M | 36.8M |
| Fixed Assets Total | 4.1B | 3.4B | 2.7B | 1.3B | 1.1B | 1.0B | 822.0M | 565.0M | 216.0M | 179.0M | 98.5M | 74.8M | 50.7M | 36.8M |
| Construction In Progress | -- | 942.0M | 1.1B | 459.0M | 119.0M | 232.0M | 234.0M | 113.0M | 29.9M | 31.8M | 466,800 | 4.2M | 3.2M | 1.2M |
| Construction In Progress Total | 753.0M | 942.0M | 1.1B | 459.0M | 119.0M | 232.0M | 234.0M | 113.0M | 29.9M | 31.8M | 466,800 | 4.2M | 3.2M | 1.2M |
| Intangible Assets | 539.0M | 555.0M | 560.0M | 364.0M | 197.0M | 222.0M | 208.0M | 153.0M | 118.0M | 73.1M | 38.4M | 39.2M | 20.5M | 20.9M |
| Long Term Deferred Expenses | 22.6M | 7.2M | 5.3M | 4.4M | 4.5M | 11.3M | 12.1M | 12.6M | 849,000 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 6.4B | 6.1B | 5.3B | 3.0B | 2.2B | 2.2B | 1.9B | 1.2B | 673.0M | 359.0M | 141.0M | 120.0M | 75.3M | 59.8M |
| Total Assets | 14.3B | 14.9B | 11.7B | 8.0B | 4.8B | 4.4B | 5.2B | 3.7B | 1.8B | 1.1B | 815.0M | 438.0M | 300.0M | 241.0M |
| Short Term Borrowings | 2.7B | 2.3B | 2.2B | 1.4B | 824.0M | 762.0M | 823.0M | 606.0M | 88.0M | 103.0M | 75.4M | 68.1M | 29.0M | 21.5M |
| Accounts Payable | 829.0M | 807.0M | 972.0M | 632.0M | 458.0M | 291.0M | 402.0M | 457.0M | 148.0M | 96.8M | 50.8M | 31.0M | 25.5M | 22.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 11.6M | 79.5M | 16.2M | 12.3M | 6.6M | 738,500 | 366,800 | -- | -- |
| Contract Liabilities | 10.0M | 30.2M | 30.1M | 22.8M | 22.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 4.6B | 4.2B | 4.2B | 3.0B | 1.8B | 1.4B | 2.1B | 1.5B | 471.0M | 439.0M | 211.0M | 162.0M | 79.3M | 60.7M |
| Long Term Borrowings | 1.0B | 1.1B | 977.0M | 248.0M | 155.0M | 164.0M | 311.0M | 358.0M | 63.7M | 19.2M | 35.0M | 19.4M | 6.8M | 9.4M |
| Total Non Current Liabilities | 2.3B | 3.6B | 1.1B | 403.0M | 566.0M | 540.0M | 772.0M | 400.0M | 135.0M | 37.0M | 40.0M | 21.3M | 15.2M | 18.3M |
| Total Liabilities | 6.9B | 7.8B | 5.3B | 3.4B | 2.3B | 2.0B | 2.9B | 1.9B | 606.0M | 476.0M | 251.0M | 184.0M | 94.5M | 79.0M |
| Paid In Capital | 689.0M | 582.0M | 581.0M | 579.0M | 460.0M | 460.0M | 448.0M | 215.0M | 215.0M | 97.5M | 65.0M | 48.8M | 48.8M | 48.8M |
| Capital Reserve | 4.8B | 3.8B | 3.6B | 2.7B | 1.3B | 1.3B | 1.2B | 646.0M | 630.0M | 244.0M | 276.0M | 38.8M | 38.8M | 38.8M |
| Surplus Reserve | 87.6M | 74.8M | 74.8M | 68.4M | 62.1M | 54.3M | 47.1M | 41.3M | 36.2M | 30.1M | 25.7M | 18.3M | 12.2M | 7.6M |
| Retained Earnings | 982.0M | 1.1B | 1.1B | 1.1B | 533.0M | 526.0M | 579.0M | 412.0M | 290.0M | 211.0M | 197.0M | 148.0M | 106.0M | 66.7M |
| Minority Equity | 631.0M | 1.1B | 962.0M | 122.0M | 10.0M | 2.5M | -2.4M | 541.0M | 48.1M | 9.0M | -- | -- | -- | -- |
| Equity Attributable | 6.7B | 6.0B | 5.4B | 4.5B | 2.5B | 2.5B | 2.3B | 1.3B | 1.2B | 583.0M | 564.0M | 254.0M | 206.0M | 162.0M |
| Total Equity | 7.4B | 7.1B | 6.4B | 4.6B | 2.5B | 2.5B | 2.3B | 1.9B | 1.2B | 592.0M | 564.0M | 254.0M | 206.0M | 162.0M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 7.5B | 6.3B | 6.3B | 5.4B | 2.7B | 3.0B | 3.1B | 1.5B | 735.0M | 482.0M | 451.0M | 290.0M | 210.0M | 120.0M |
| Tax Refunds Received | 344.0M | 478.0M | 23.8M | 9.1M | 9.0M | 6.1M | 1.2M | -- | -- | -- | 5,500 | -- | -- | -- |
| Total Operating Cash Inflow | 8.3B | 6.9B | 6.4B | 5.5B | 2.8B | 3.1B | 3.3B | 1.7B | 865.0M | 507.0M | 460.0M | 296.0M | 213.0M | 132.0M |
| Cash Paid For Goods | 6.2B | 5.4B | 5.4B | 4.3B | 1.7B | 1.4B | 2.0B | 1.2B | 421.0M | 351.0M | 258.0M | 189.0M | 113.0M | 81.5M |
| Cash Paid To Employees | 545.0M | 557.0M | 473.0M | 321.0M | 207.0M | 241.0M | 229.0M | 132.0M | 87.3M | 74.5M | 57.0M | 41.0M | 30.1M | 23.7M |
| Taxes Paid | 319.0M | 251.0M | 298.0M | 186.0M | 168.0M | 177.0M | 138.0M | 155.0M | 64.4M | 47.6M | 54.1M | 31.1M | 24.7M | 23.4M |
| Total Operating Cash Outflow | 7.6B | 6.6B | 6.5B | 5.0B | 2.3B | 2.0B | 2.7B | 1.8B | 902.0M | 579.0M | 412.0M | 297.0M | 196.0M | 149.0M |
| Operating Cash Flow | 673.0M | 327.0M | -77.3M | 446.0M | 534.0M | 1.0B | 593.0M | -63.3M | -36.3M | -71.9M | 48.0M | -157,600 | 16.3M | -17.2M |
| Total Investing Cash Inflow | 475.0M | 27.2M | 22.3M | 390.0M | 79.0M | 5.4M | 3.7M | 56.0M | 396.0M | -- | -- | 980,100 | 23,400 | -- |
| Total Investing Cash Outflow | 2.6B | 899.0M | 2.1B | 1.2B | 330.0M | 419.0M | 709.0M | 359.0M | 749.0M | 106.0M | 30.0M | 50.2M | 24.3M | 40.5M |
| Investing Cash Flow | -2.1B | -872.0M | -2.1B | -766.0M | -251.0M | -413.0M | -705.0M | -303.0M | -353.0M | -106.0M | -30.0M | -49.2M | -24.2M | -40.5M |
| Cash From Borrowings | 3.3B | 6.2B | 4.7B | 1.5B | 1.5B | 1.1B | 2.2B | 1.2B | 216.0M | 81.2M | 114.0M | 110.0M | 29.0M | 65.5M |
| Dividends And Interest Paid | 342.0M | 156.0M | 129.0M | 81.0M | 109.0M | 155.0M | 131.0M | 54.5M | 29.2M | 37.5M | 23.4M | 16.4M | 2.4M | 1.6M |
| Debt Repayments | 2.9B | 3.2B | 3.4B | 1.6B | 1.7B | 1.7B | 1.6B | 584.0M | 193.0M | 90.3M | 86.4M | 45.5M | 22.6M | 9.6M |
| Total Financing Cash Inflow | 3.5B | 7.0B | 6.9B | 3.0B | 1.6B | 1.1B | 2.2B | 1.3B | 803.0M | 112.0M | 393.0M | 121.0M | 33.4M | 118.0M |
| Total Financing Cash Outflow | 3.5B | 3.8B | 4.4B | 2.2B | 1.9B | 2.0B | 1.9B | 723.0M | 269.0M | 155.0M | 136.0M | 78.5M | 33.3M | 11.9M |
| Financing Cash Flow | -13.1M | 3.2B | 2.6B | 788.0M | -340.0M | -912.0M | 323.0M | 556.0M | 535.0M | -43.2M | 257.0M | 42.6M | 47,000 | 106.0M |
| Net Change In Cash | -1.4B | 2.7B | 415.0M | 462.0M | -56.2M | -290.0M | 206.0M | 186.0M | 146.0M | -221.0M | 275.0M | -6.8M | -7.9M | 48.3M |
| Ending Cash Balance | 2.5B | 3.9B | 1.2B | 763.0M | 300.0M | 356.0M | 647.0M | 441.0M | 254.0M | 109.0M | 330.0M | 54.1M | 60.9M | 68.8M |
| Capex | 721.0M | 732.0M | 2.1B | 772.0M | 192.0M | 374.0M | 324.0M | 252.0M | 120.0M | 76.5M | 30.0M | 50.2M | 24.3M | 40.5M |