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 | 1.4B | 2.3B | 2.4B | 1.5B | 1.6B | 1.6B | 1.0B | 639.0M | 548.0M | 413.0M | 269.0M | 219.0M | 173.0M | 110.0M |
| Revenue Growth % | -37.9% | -5.9% | 55.9% | -6.7% | 5.4% | 51.6% | 61.5% | 16.6% | 32.7% | 53.5% | 22.8% | 26.6% | 57.3% | -- |
| Total Revenue | 1.4B | 2.3B | 2.4B | 1.5B | 1.6B | 1.6B | 1.0B | 639.0M | 548.0M | 413.0M | 269.0M | 219.0M | 173.0M | 110.0M |
| Cost Of Revenue | 1.0B | 1.4B | 1.4B | 971.0M | 1.0B | 845.0M | 458.0M | 256.0M | 242.0M | 162.0M | 96.4M | 101.0M | 76.6M | 43.7M |
| Gross Profit | 372.0M | 866.0M | 1.0B | 568.0M | 646.0M | 720.0M | 574.0M | 383.0M | 306.0M | 251.0M | 172.6M | 118.0M | 96.4M | 66.3M |
| Gross Margin % | 26.6% | 38.4% | 43.4% | 36.9% | 39.2% | 46.0% | 55.6% | 59.9% | 55.8% | 60.8% | 64.1% | 53.9% | 55.7% | 60.3% |
| Total Operating Cost | 1.8B | 2.2B | 2.4B | 1.7B | 1.5B | 1.4B | 868.0M | 513.0M | 462.0M | 318.0M | 238.0M | 197.0M | 145.0M | 85.6M |
| Selling Expenses | 194.0M | 223.0M | 311.0M | 215.0M | 174.0M | 169.0M | 114.0M | 81.0M | 45.9M | 45.7M | 37.3M | 28.5M | 20.2M | 12.5M |
| Admin Expenses | 238.0M | 235.0M | 262.0M | 207.0M | 170.0M | 179.0M | 139.0M | 91.8M | 151.0M | 93.1M | 91.2M | 62.3M | 44.8M | 27.7M |
| Rd Expenses | 138.0M | 143.0M | 169.0M | 122.0M | 104.0M | 126.0M | 113.0M | 54.2M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 36.4M | 27.3M | -12.9M | 29.9M | 25.5M | 7.0M | -1.4M | 5.4M | 1.5M | 5.2M | 5.5M | 1.1M | 19,300 | -569,700 |
| Operating Income | -345.0M | 136.0M | 108.0M | -160.0M | 157.0M | 188.0M | 193.0M | 141.0M | 87.7M | 95.5M | 31.5M | 21.4M | 27.9M | 24.4M |
| Operating Margin % | -24.6% | 6.0% | 4.5% | -10.4% | 9.5% | 12.0% | 18.7% | 22.1% | 16.0% | 23.1% | 11.7% | 9.8% | 16.1% | 22.2% |
| Non Operating Income | 1,800 | 661,200 | 5.3M | 1.4M | 1.0M | 4.3M | 2.6M | 298,100 | 20.3M | 11.6M | 21.9M | 24.5M | 8.3M | 1.4M |
| Non Operating Expenses | 1.0M | 1.7M | 6.0M | 479,200 | 807,400 | 583,500 | 707,100 | 1.5M | 164,500 | 200,400 | 14,900 | 72,000 | 7,300 | 20,200 |
| Investment Income | -13.4M | -2.1M | 4.3M | 5.6M | -3.2M | -6.3M | 8.1M | 6.1M | 2.0M | 392.53 | 552,500 | -- | -223,600 | -276,400 |
| Fair Value Change Income | -- | -- | 53,000 | -- | 439,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -803,100 | -517,200 | -62,200 | 48,200 | -160,600 | -2.0M | -6,800 | 342,200 | -1,200 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 53.2M | 26.9M | 89.6M | 47.5M | 1.8M | 2.5M | 37.8M | 20.5M | 14.5M | 8.6M | 5.4M | 1.9M | 1.6M | 992,000 |
| Other Income | 32.1M | 57.1M | 85.1M | 39.2M | 46.3M | 18.6M | 21.0M | 9.8M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -346.0M | 135.0M | 107.0M | -159.0M | 157.0M | 191.0M | 195.0M | 140.0M | 108.0M | 107.0M | 53.5M | 45.8M | 36.1M | 25.8M |
| Income Tax | -9.5M | 24.3M | 13.4M | -27.4M | 36.7M | 24.4M | 16.9M | 19.9M | 15.6M | 14.7M | 1.8M | 3.5M | 2.7M | 3.4M |
| Net Income | -337.0M | 110.0M | 93.8M | -132.0M | 121.0M | 167.0M | 178.0M | 120.0M | 92.3M | 92.1M | 51.6M | 42.3M | 33.4M | 22.4M |
| Net Margin % | -24.1% | 4.9% | 3.9% | -8.6% | 7.3% | 10.7% | 17.2% | 18.8% | 16.8% | 22.3% | 19.2% | 19.3% | 19.3% | 20.4% |
| Net Income Attributable | -322.0M | 79.6M | 6.9M | -159.0M | 91.9M | 124.0M | 136.0M | 91.0M | 79.4M | 77.8M | 35.7M | 44.1M | 33.4M | 22.4M |
| Minority Interest | -14.4M | 30.6M | 86.9M | 27.5M | 28.6M | 43.4M | 42.5M | 29.3M | 13.0M | 14.3M | 16.0M | -1.8M | -- | -- |
| Eps Basic | -1.38 | 0.34 | 0.03 | -0.68 | 0.40 | 0.53 | 0.63 | 0.63 | 0.65 | 1.30 | 0.59 | 0.73 | 0.56 | -- |
| Eps Diluted | -1.38 | 0.34 | 0.03 | -0.68 | 0.40 | 0.53 | 0.63 | 0.63 | 0.65 | 1.30 | -- | 0.73 | 0.56 | -- |
| 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 | 664.0M | 749.0M | 1.2B | 593.0M | 469.0M | 604.0M | 499.0M | 322.0M | 562.0M | 157.0M | 111.0M | 92.9M | 98.1M | 78.3M |
| Trading Financial Assets | 342,800 | 342,800 | 40.1M | -- | 225.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.9B | 2.1B | 1.7B | 1.6B | 1.3B | 1.2B | 728.0M | 316.0M | 239.0M | 179.0M | 89.0M | 57.1M | 49.8M | 35.7M |
| Notes Receivable | 21.3M | 18.7M | 6.8M | 5.9M | 38.2M | 19.7M | 7.3M | 1.8M | 2.3M | 2.5M | 5.5M | 2.7M | 1.1M | 674,000 |
| Notes And Accounts Receivable | 1.9B | 2.2B | 1.7B | 1.6B | 1.3B | 1.2B | 735.0M | 318.0M | 241.0M | 181.0M | 94.6M | 59.7M | 50.9M | 36.3M |
| Prepayments | 25.5M | 41.1M | 71.9M | 15.8M | 22.0M | 16.9M | 55.6M | 30.8M | 38.4M | 30.1M | 27.4M | 6.6M | 2.6M | 3.1M |
| Inventory | 386.0M | 315.0M | 556.0M | 523.0M | 400.0M | 372.0M | 375.0M | 191.0M | 195.0M | 229.0M | 178.0M | 136.0M | 93.3M | 51.8M |
| Total Current Assets | 3.5B | 3.6B | 3.8B | 2.9B | 2.6B | 2.2B | 1.7B | 1.1B | 1.1B | 632.0M | 435.0M | 314.0M | 252.0M | 174.0M |
| Long Term Equity Investment | 61.5M | 71.8M | 48.9M | 49.8M | 19.5M | 20.5M | 20.0M | 3.5M | 2.3M | 1.9M | -- | -- | -- | 223,600 |
| Fixed Assets | -- | 143.0M | 146.0M | 147.0M | 153.0M | 158.0M | 155.0M | 131.0M | 128.0M | 127.0M | 127.0M | 26.7M | 22.3M | 20.3M |
| Fixed Assets Total | 134.0M | 143.0M | 146.0M | 147.0M | 153.0M | 158.0M | 155.0M | 131.0M | 128.0M | 127.0M | 127.0M | 26.7M | 22.3M | 20.3M |
| Construction In Progress | -- | -- | -- | 683,400 | -- | 478,700 | -- | -- | -- | -- | 3.8M | 3.0M | 88,200 | -- |
| Construction In Progress Total | -- | -- | -- | 683,400 | -- | 478,700 | -- | -- | -- | -- | 3.8M | 3.0M | 88,200 | -- |
| Intangible Assets | 72.5M | 85.8M | 75.5M | 104.0M | 97.9M | 115.0M | 83.4M | 27.2M | 8.9M | 9.4M | 4.1M | 5.1M | 1.8M | -- |
| Long Term Deferred Expenses | 12.2M | 10.4M | 12.4M | 14.1M | 3.4M | 5.5M | 7.2M | 6.8M | 348,100 | 734,800 | 702,500 | 1.2M | 2.7M | -- |
| Total Non Current Assets | 771.0M | 717.0M | 639.0M | 581.0M | 458.0M | 431.0M | 414.0M | 204.0M | 157.0M | 146.0M | 144.0M | 120.0M | 56.6M | 36.7M |
| Total Assets | 4.2B | 4.3B | 4.5B | 3.4B | 3.0B | 2.7B | 2.1B | 1.3B | 1.2B | 778.0M | 580.0M | 434.0M | 309.0M | 211.0M |
| Short Term Borrowings | 679.0M | 683.0M | 474.0M | 494.0M | 259.0M | 168.0M | 94.3M | 67.4M | 43.0M | 75.0M | 39.6M | 24.9M | 10.3M | 9.8M |
| Accounts Payable | 1.5B | 1.3B | 1.1B | 734.0M | 634.0M | 457.0M | 266.0M | 108.0M | 87.1M | 56.0M | 30.3M | 28.9M | 30.9M | 8.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 86.2M | 130.0M | 78.9M | 106.0M | 174.0M | 149.0M | 78.5M | 55.2M | 29.0M |
| Contract Liabilities | 168.0M | 139.0M | 704.0M | 179.0M | 94.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.6B | 2.4B | 2.6B | 1.7B | 1.2B | 882.0M | 655.0M | 342.0M | 326.0M | 386.0M | 275.0M | 177.0M | 117.0M | 62.3M |
| Long Term Borrowings | 99.5M | -- | -- | -- | -- | -- | -- | -- | -- | 11.0M | 23.0M | 20.0M | -- | -- |
| Total Non Current Liabilities | 155.0M | 86.1M | 114.0M | 119.0M | 100.0M | 105.0M | 87.9M | 57.5M | 44.4M | 52.0M | 42.9M | 41.7M | 20.8M | 10.5M |
| Total Liabilities | 2.8B | 2.5B | 2.7B | 1.8B | 1.3B | 987.0M | 743.0M | 400.0M | 370.0M | 438.0M | 318.0M | 219.0M | 138.0M | 72.8M |
| Paid In Capital | 233.0M | 233.0M | 233.0M | 233.0M | 233.0M | 233.0M | 151.0M | 144.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 40.0M |
| Capital Reserve | 787.0M | 787.0M | 778.0M | 780.0M | 763.0M | 763.0M | 684.0M | 404.0M | 468.0M | 86.7M | 86.8M | 86.8M | 83.2M | 58.5M |
| Surplus Reserve | 31.9M | 31.9M | 23.0M | 23.0M | 23.0M | 21.6M | 16.4M | 14.3M | 12.6M | 9.8M | 6.0M | 5.7M | 3.0M | 5.0M |
| Retained Earnings | 144.0M | 466.0M | 396.0M | 389.0M | 566.0M | 501.0M | 423.0M | 308.0M | 235.0M | 158.0M | 90.4M | 61.0M | 25.0M | 34.2M |
| Minority Equity | 269.0M | 290.0M | 301.0M | 204.0M | 183.0M | 157.0M | 110.0M | 70.2M | 44.4M | 25.5M | 18.9M | 1.9M | -- | -- |
| Equity Attributable | 1.2B | 1.5B | 1.4B | 1.4B | 1.6B | 1.5B | 1.3B | 870.0M | 795.0M | 315.0M | 243.0M | 213.0M | 171.0M | 138.0M |
| Total Equity | 1.5B | 1.8B | 1.7B | 1.6B | 1.8B | 1.7B | 1.4B | 940.0M | 839.0M | 340.0M | 262.0M | 215.0M | 171.0M | 138.0M |
| 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 | 1.5B | 1.5B | 2.8B | 1.3B | 1.5B | 1.1B | 795.0M | 552.0M | 467.0M | 370.0M | 327.0M | 256.0M | 206.0M | 121.0M |
| Tax Refunds Received | 14.7M | 35.9M | 4.9M | 10.0M | 24.5M | 3.5M | 459,300 | 5.1M | 14.5M | 8.8M | 11.7M | 15.6M | 7.9M | 866,300 |
| Total Operating Cash Inflow | 1.6B | 1.6B | 2.9B | 1.4B | 1.6B | 1.2B | 893.0M | 625.0M | 521.0M | 432.0M | 364.0M | 296.0M | 237.0M | 139.0M |
| Cash Paid For Goods | 899.0M | 913.0M | 1.2B | 822.0M | 773.0M | 497.0M | 351.0M | 188.0M | 172.0M | 143.0M | 91.1M | 126.0M | 94.2M | 51.9M |
| Cash Paid To Employees | 530.0M | 590.0M | 536.0M | 495.0M | 456.0M | 423.0M | 280.0M | 194.0M | 169.0M | 138.0M | 112.0M | 75.4M | 46.4M | 30.6M |
| Taxes Paid | 135.0M | 220.0M | 198.0M | 75.0M | 84.3M | 77.1M | 70.6M | 50.5M | 49.9M | 19.5M | 32.1M | 25.6M | 18.8M | 6.7M |
| Total Operating Cash Outflow | 1.8B | 2.2B | 2.2B | 1.6B | 1.5B | 1.3B | 876.0M | 517.0M | 485.0M | 375.0M | 327.0M | 285.0M | 199.0M | 122.0M |
| Operating Cash Flow | -180.0M | -609.0M | 741.0M | -235.0M | 77.5M | -45.1M | 17.0M | 108.0M | 35.8M | 57.7M | 37.5M | 10.7M | 38.8M | 16.9M |
| Total Investing Cash Inflow | 72.2M | 61.4M | 327.0M | 559.0M | 461.0M | 10.5M | 888.0M | 1.5B | 377.0M | 10.1M | 71.8M | 23.8M | 320.00 | 4,260 |
| Total Investing Cash Outflow | 90.4M | 63.7M | 395.0M | 407.0M | 727.0M | 72.8M | 687.0M | 1.8B | 393.0M | 24.5M | 101.0M | 84.1M | 22.9M | 19.2M |
| Investing Cash Flow | -18.2M | -2.2M | -67.6M | 152.0M | -266.0M | -62.3M | 201.0M | -307.0M | -16.1M | -14.5M | -29.7M | -60.3M | -22.9M | -19.2M |
| Cash From Borrowings | 936.0M | 807.0M | 499.0M | 525.0M | 297.0M | 228.0M | 78.3M | 83.8M | 60.5M | 75.0M | 52.6M | 72.3M | 10.3M | 9.8M |
| Dividends And Interest Paid | 27.4M | 66.5M | 27.9M | 39.7M | 36.8M | 42.7M | 24.3M | 22.6M | 5.0M | 21.6M | 5.8M | 6.8M | 1.0M | 115,700 |
| Debt Repayments | 791.0M | 598.0M | 519.0M | 290.0M | 206.0M | 154.0M | 91.8M | 69.9M | 105.0M | 52.6M | 34.9M | 24.7M | 9.8M | -- |
| Total Financing Cash Inflow | 938.0M | 808.0M | 514.0M | 531.0M | 311.0M | 420.0M | 84.2M | 84.4M | 480.0M | 81.5M | 53.6M | 76.0M | 10.3M | 9.8M |
| Total Financing Cash Outflow | 827.0M | 677.0M | 560.0M | 344.0M | 248.0M | 218.0M | 140.0M | 99.2M | 120.0M | 74.2M | 40.6M | 31.6M | 10.8M | 115,700 |
| Financing Cash Flow | 111.0M | 132.0M | -45.3M | 188.0M | 63.3M | 203.0M | -55.9M | -14.9M | 360.0M | 7.4M | 13.0M | 44.5M | -533,900 | 9.7M |
| Net Change In Cash | -88.7M | -471.0M | 638.0M | 104.0M | -126.0M | 95.4M | 162.0M | -214.0M | 380.0M | 50.7M | 20.7M | -5.2M | 15.4M | 7.4M |
| Ending Cash Balance | 631.0M | 720.0M | 1.2B | 553.0M | 449.0M | 575.0M | 479.0M | 317.0M | 531.0M | 151.0M | 100.0M | 79.2M | 84.4M | 69.0M |
| Capex | 17.0M | 45.7M | 23.8M | 65.0M | 37.5M | 55.8M | 62.1M | 52.9M | 17.9M | 7.5M | 36.5M | 64.1M | 22.9M | 19.2M |