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 | 3.1B | 3.3B | 2.7B | 2.9B | 2.2B | 1.8B | 1.3B | 1.0B | 841.0M | 857.0M | 824.0M | 802.0M | 595.0M | 543.0M |
| Revenue Growth % | -5.6% | 19.9% | -7.0% | 31.6% | 24.1% | 37.9% | 28.3% | 20.1% | -1.9% | 4.0% | 2.7% | 34.8% | 9.6% | -- |
| Total Revenue | 3.1B | 3.3B | 2.7B | 2.9B | 2.2B | 1.8B | 1.3B | 1.0B | 841.0M | 857.0M | 824.0M | 802.0M | 595.0M | 543.0M |
| Cost Of Revenue | 2.9B | 3.0B | 2.5B | 2.7B | 2.1B | 1.6B | 1.2B | 899.0M | 726.0M | 740.0M | 708.0M | 684.0M | 504.0M | 466.0M |
| Gross Profit | 159.0M | 222.0M | 209.0M | 170.0M | 144.0M | 185.0M | 134.0M | 111.0M | 115.0M | 117.0M | 116.0M | 118.0M | 91.0M | 77.0M |
| Gross Margin % | 5.2% | 6.8% | 7.7% | 5.8% | 6.5% | 10.4% | 10.3% | 11.0% | 13.7% | 13.7% | 14.1% | 14.7% | 15.3% | 14.2% |
| Total Operating Cost | 3.2B | 3.2B | 2.7B | 3.0B | 2.2B | 1.7B | 1.3B | 990.0M | 807.0M | 811.0M | 773.0M | 751.0M | 555.0M | 513.0M |
| Selling Expenses | 58.9M | 62.4M | 65.0M | 79.0M | 44.7M | 58.5M | 47.1M | 45.4M | 42.7M | 37.2M | 34.0M | 35.9M | 26.7M | 26.3M |
| Admin Expenses | 83.7M | 85.8M | 77.2M | 72.5M | 41.5M | 38.0M | 34.0M | 28.2M | 25.9M | 19.0M | 20.6M | 20.4M | 15.4M | 15.8M |
| Rd Expenses | 18.0M | 16.7M | 13.2M | 15.1M | 11.3M | 12.0M | 7.4M | 7.4M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 21.7M | 25.2M | 27.9M | 30.1M | 10.7M | 10.2M | 5.9M | 6.2M | 6.8M | 11.0M | 8.1M | 5.8M | 5.2M | 5.0M |
| Operating Income | -102.0M | 52.3M | 27.2M | -35.3M | 33.6M | 56.9M | 32.1M | 24.5M | 33.9M | 46.5M | 50.9M | 50.7M | 40.8M | 27.7M |
| Operating Margin % | -3.3% | 1.6% | 1.0% | -1.2% | 1.5% | 3.2% | 2.5% | 2.4% | 4.0% | 5.4% | 6.2% | 6.3% | 6.9% | 5.1% |
| Non Operating Income | 245,800 | 205,600 | 338,900 | 238,100 | 60,200 | 846,500 | 6.1M | 286,700 | 690,700 | 5.0M | 1.4M | 2.5M | 808,300 | 336,300 |
| Non Operating Expenses | 1.3M | 11.6M | 277,300 | 50,600 | 3.1M | 754,200 | 724,500 | 71,600 | 122,800 | 131,900 | 498,200 | 67,300 | 114,500 | 61,500 |
| Investment Income | 1.7M | 26.2M | 4.6M | 1.9M | 3.0M | 3.1M | 2.7M | 3.4M | 48,800 | -- | -- | -178,800 | -240,700 | -1.6M |
| Fair Value Change Income | 3.5M | 1.1M | 893,600 | -- | -- | 40,200 | -- | -- | -- | -- | -- | 130,000 | 405,100 | -164,500 |
| Asset Disposal Income | -5.4M | -752,900 | 547,800 | 924,400 | -- | -53,500 | -- | 199,500 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 58.5M | 7.5M | 2.2M | 10.1M | 632,900 | 2.1M | 7.3M | 1.5M | 3.0M | 551,700 | 876,700 | 3.3M | 1.2M | -1.1M |
| Other Income | 3.9M | 5.6M | 5.7M | 3.4M | 1.8M | 203,800 | 25,700 | 558,700 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -103.0M | 41.0M | 27.2M | -35.2M | 30.5M | 56.9M | 37.5M | 24.8M | 34.5M | 51.3M | 51.8M | 53.1M | 41.5M | 28.0M |
| Income Tax | -8.5M | 12.8M | 5.5M | -8.3M | 7.9M | 15.1M | 7.9M | 6.3M | 6.6M | 9.1M | 11.1M | 12.7M | 9.7M | 7.6M |
| Net Income | -94.6M | 28.1M | 21.7M | -26.9M | 22.6M | 41.9M | 29.6M | 18.4M | 27.9M | 42.2M | 40.7M | 40.4M | 31.8M | 20.4M |
| Net Margin % | -3.1% | 0.9% | 0.8% | -0.9% | 1.0% | 2.3% | 2.3% | 1.8% | 3.3% | 4.9% | 4.9% | 5.0% | 5.3% | 3.8% |
| Net Income Attributable | -95.5M | 26.0M | 15.3M | -26.4M | 22.3M | 39.4M | 30.4M | 18.4M | 27.9M | 42.2M | 40.7M | 40.4M | 31.8M | 20.3M |
| Minority Interest | 877,400 | 2.1M | 6.5M | -523,400 | 294,700 | 2.5M | -831,800 | -- | -- | -- | -- | -- | -- | 133,000 |
| Eps Basic | -0.53 | 0.14 | 0.08 | -0.17 | 0.15 | 0.26 | 0.20 | 0.22 | 0.60 | 1.01 | 0.97 | 0.96 | 0.76 | -- |
| Eps Diluted | -0.53 | 0.14 | 0.08 | -0.17 | 0.15 | 0.26 | 0.20 | 0.22 | 0.60 | 1.01 | 0.97 | 0.96 | 0.76 | -- |
| 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 | 298.0M | 529.0M | 340.0M | 584.0M | 79.9M | 151.0M | 89.3M | 80.6M | 138.0M | 85.1M | 82.2M | 77.0M | 54.9M | 118.0M |
| Trading Financial Assets | 3.8M | 298,400 | 20.9M | -- | -- | 24.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 489.0M | 645.0M | 730.0M | 591.0M | 447.0M | 464.0M | 262.0M | 195.0M | 166.0M | 150.0M | 165.0M | 144.0M | 113.0M | 86.7M |
| Notes Receivable | 39.8M | 52.7M | 120.0M | 52.3M | 14.5M | -- | 84.7M | 110.0M | 28.9M | 55.2M | 6.1M | 25.9M | 24.9M | 18.7M |
| Notes And Accounts Receivable | 529.0M | 698.0M | 850.0M | 643.0M | 462.0M | 464.0M | 346.0M | 305.0M | 195.0M | 205.0M | 171.0M | 170.0M | 137.0M | 105.0M |
| Prepayments | 132.0M | 97.3M | 80.4M | 205.0M | 99.9M | 15.1M | 16.0M | 13.7M | 20.3M | 10.4M | 15.0M | 4.4M | 3.8M | 6.2M |
| Inventory | 219.0M | 144.0M | 118.0M | 129.0M | 58.7M | 55.4M | 71.2M | 70.2M | 38.3M | 40.4M | 29.1M | 37.2M | 34.6M | 41.2M |
| Total Current Assets | 1.3B | 1.6B | 1.5B | 1.7B | 732.0M | 827.0M | 573.0M | 549.0M | 509.0M | 353.0M | 301.0M | 290.0M | 234.0M | 274.0M |
| Long Term Equity Investment | 55.6M | 60.1M | 85.4M | 84.8M | 52.1M | 50.0M | 18.4M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 51.3M | 66.2M | 54.7M | 14.6M | 16.6M | 12.6M | 10.5M | 9.2M | 7.0M | 1.5M | 2.0M | 2.2M | 2.0M |
| Fixed Assets Total | 450.0M | 51.3M | 66.2M | 54.7M | 14.6M | 16.6M | 12.6M | 10.5M | 9.2M | 7.0M | 1.5M | 2.0M | 2.2M | 2.0M |
| Construction In Progress | -- | 492.0M | 240.0M | 19.2M | 7.9M | -- | -- | 2.1M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 202.0M | 492.0M | 240.0M | 19.2M | 7.9M | -- | -- | 2.1M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 56.1M | 65.1M | 76.2M | 40.2M | 6.7M | 1.4M | 1.3M | 1.6M | 2.3M | 2.3M | 2.6M | 1.3M | 159,900 | 244,300 |
| Long Term Deferred Expenses | 12.6M | 7.0M | 19.3M | 25.3M | 4.3M | 5.2M | 6.5M | 1.5M | 279,500 | -- | 668,300 | 1.4M | 2.2M | 369,000 |
| Total Non Current Assets | 891.0M | 767.0M | 602.0M | 322.0M | 116.0M | 86.5M | 46.9M | 20.7M | 15.5M | 11.5M | 8.7M | 6.6M | 5.3M | 3.1M |
| Total Assets | 2.2B | 2.3B | 2.1B | 2.0B | 848.0M | 914.0M | 620.0M | 570.0M | 524.0M | 364.0M | 309.0M | 296.0M | 239.0M | 277.0M |
| Short Term Borrowings | 250.0M | 474.0M | 316.0M | 484.0M | 186.0M | 109.0M | 24.8M | 35.0M | 10.3M | 42.6M | 57.8M | 50.0M | 40.4M | 123.0M |
| Accounts Payable | 221.0M | 177.0M | 351.0M | 181.0M | 145.0M | 248.0M | 137.0M | 94.2M | 99.2M | 116.0M | 77.8M | 85.7M | 61.1M | 42.0M |
| Advance Receipts | -- | -- | -- | -- | 39,200 | 2.6M | 2.8M | 8.2M | 9.3M | 1.6M | 2.6M | 3.7M | 8.0M | 5.3M |
| Contract Liabilities | 116.0M | 55.3M | 37.8M | 57.3M | 18.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 855.0M | 900.0M | 895.0M | 886.0M | 372.0M | 449.0M | 186.0M | 172.0M | 135.0M | 172.0M | 148.0M | 162.0M | 144.0M | 186.0M |
| Long Term Borrowings | 353.0M | 337.0M | 160.0M | -- | -- | -- | -- | -- | -- | 2.3M | 2.8M | -- | 1.4M | 29.7M |
| Total Non Current Liabilities | 357.0M | 348.0M | 173.0M | 52.6M | -- | -- | -- | -- | -- | 2.3M | 2.8M | -- | 1.4M | 29.7M |
| Total Liabilities | 1.2B | 1.2B | 1.1B | 938.0M | 372.0M | 449.0M | 186.0M | 172.0M | 135.0M | 174.0M | 151.0M | 162.0M | 145.0M | 216.0M |
| Paid In Capital | 182.0M | 182.0M | 182.0M | 182.0M | 152.0M | 152.0M | 84.3M | 56.5M | 56.0M | 42.0M | 42.0M | 42.0M | 42.0M | 14.6M |
| Capital Reserve | 675.0M | 674.0M | 676.0M | 690.0M | 114.0M | 114.0M | 183.0M | 220.0M | 201.0M | 31.3M | 31.3M | 31.3M | 31.3M | 11.6M |
| Surplus Reserve | 16.4M | 16.4M | 15.7M | 14.5M | 14.5M | 14.1M | 11.7M | 9.7M | 9.6M | 8.3M | 5.9M | 3.8M | 1.1M | 3.5M |
| Retained Earnings | 76.7M | 179.0M | 153.0M | 144.0M | 183.0M | 176.0M | 151.0M | 129.0M | 122.0M | 108.0M | 79.1M | 57.2M | 19.5M | 32.0M |
| Minority Equity | 14.4M | 17.6M | 15.4M | 15.4M | 14.4M | 11.1M | 8.6M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 957.0M | 1.1B | 1.0B | 1.0B | 461.0M | 454.0M | 425.0M | 397.0M | 389.0M | 190.0M | 158.0M | 134.0M | 93.8M | 61.7M |
| Total Equity | 971.0M | 1.1B | 1.1B | 1.0B | 476.0M | 465.0M | 433.0M | 397.0M | 389.0M | 190.0M | 158.0M | 134.0M | 93.8M | 61.7M |
| 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 | 3.3B | 3.3B | 2.5B | 2.9B | 2.2B | 1.6B | 1.3B | 892.0M | 882.0M | 821.0M | 708.0M | 722.0M | 515.0M | 481.0M |
| Tax Refunds Received | 13.8M | 25.8M | 4.8M | 2.1M | -- | -- | -- | 1.2M | -- | -- | -- | -- | 4,900 | -- |
| Total Operating Cash Inflow | 3.4B | 3.4B | 2.6B | 3.1B | 2.3B | 1.6B | 1.3B | 894.0M | 883.0M | 826.0M | 709.0M | 725.0M | 516.0M | 481.0M |
| Cash Paid For Goods | 3.0B | 3.0B | 2.3B | 3.0B | 2.2B | 1.5B | 1.1B | 923.0M | 766.0M | 700.0M | 591.0M | 597.0M | 410.0M | 362.0M |
| Cash Paid To Employees | 93.7M | 89.8M | 105.0M | 88.9M | 56.3M | 47.7M | 39.7M | 37.6M | 28.9M | 27.0M | 26.8M | 23.4M | 19.3M | 13.8M |
| Taxes Paid | 40.5M | 44.4M | 21.3M | 27.6M | 37.8M | 29.9M | 28.7M | 21.6M | 33.9M | 30.4M | 36.3M | 30.5M | 26.2M | 17.7M |
| Total Operating Cash Outflow | 3.3B | 3.2B | 2.5B | 3.3B | 2.4B | 1.6B | 1.2B | 1.0B | 862.0M | 784.0M | 683.0M | 679.0M | 479.0M | 417.0M |
| Operating Cash Flow | 80.8M | 162.0M | 123.0M | -233.0M | -104.0M | 25.2M | 17.9M | -124.0M | 20.9M | 42.4M | 26.8M | 46.2M | 36.8M | 64.0M |
| Total Investing Cash Inflow | 49.6M | 96.1M | 187.0M | 11.4M | 114.0M | 152.0M | 423.0M | 472.0M | 26.2M | 22,400 | 203,800 | 29,400 | 585,900 | 550.00 |
| Total Investing Cash Outflow | 128.0M | 362.0M | 460.0M | 175.0M | 129.0M | 188.0M | 415.0M | 439.0M | 131.0M | 4.8M | 4.4M | 2.5M | 4.1M | 3.7M |
| Investing Cash Flow | -78.2M | -266.0M | -273.0M | -163.0M | -14.4M | -35.8M | 8.2M | 32.7M | -105.0M | -4.7M | -4.2M | -2.4M | -3.5M | -3.7M |
| Cash From Borrowings | 501.0M | 888.0M | 626.0M | 923.0M | 263.0M | 137.0M | 24.8M | 45.4M | 10.3M | 48.6M | 143.0M | 98.8M | 70.5M | 156.0M |
| Dividends And Interest Paid | 33.4M | 28.0M | 30.2M | 31.1M | 20.8M | 14.2M | 7.8M | 12.6M | 16.4M | 16.5M | 22.4M | 6.5M | 5.4M | 7.5M |
| Debt Repayments | 677.0M | 542.0M | 588.0M | 623.0M | 183.0M | 52.8M | 35.0M | 20.4M | 45.8M | 65.5M | 133.0M | 112.0M | 161.0M | 169.0M |
| Total Financing Cash Inflow | 525.0M | 907.0M | 627.0M | 1.5B | 271.0M | 137.0M | 34.3M | 76.3M | 225.0M | 48.6M | 144.0M | 119.0M | 125.0M | 223.0M |
| Total Financing Cash Outflow | 737.0M | 636.0M | 676.0M | 678.0M | 210.0M | 70.0M | 56.6M | 38.2M | 69.4M | 93.7M | 170.0M | 124.0M | 171.0M | 254.0M |
| Financing Cash Flow | -213.0M | 270.0M | -49.1M | 856.0M | 61.0M | 66.8M | -22.3M | 38.1M | 156.0M | -45.1M | -26.0M | -5.9M | -45.8M | -31.3M |
| Net Change In Cash | -211.0M | 168.0M | -194.0M | 457.0M | -56.9M | 54.9M | 4.5M | -54.5M | 72.4M | -6.3M | -3.7M | 37.4M | -11.6M | 28.8M |
| Ending Cash Balance | 288.0M | 499.0M | 331.0M | 526.0M | 69.0M | 126.0M | 71.0M | 66.5M | 121.0M | 48.6M | 54.8M | 58.5M | 21.0M | 32.7M |
| Capex | 87.9M | 352.0M | 210.0M | 128.0M | 34.6M | 7.9M | 10.6M | 6.8M | 5.0M | 4.8M | 4.4M | 2.3M | 3.3M | 397,400 |