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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.1B | 2.8B | 2.6B | 2.5B | 2.1B | 2.1B | 1.9B | 2.0B | 1.5B |
| Revenue Growth % | 10.4% | 8.5% | 1.9% | 23.2% | -1.9% | 10.1% | -2.6% | 33.3% | -- |
| Total Revenue | 3.1B | 2.8B | 2.6B | 2.5B | 2.1B | 2.1B | 1.9B | 2.0B | 1.5B |
| Cost Of Revenue | 2.7B | 2.4B | 2.2B | 2.2B | 1.7B | 1.7B | 1.6B | 1.7B | 1.2B |
| Gross Profit | 403.0M | 406.0M | 385.0M | 364.0M | 336.0M | 348.0M | 314.0M | 282.0M | 254.0M |
| Gross Margin % | 13.0% | 14.5% | 14.9% | 14.4% | 16.4% | 16.6% | 16.5% | 14.4% | 17.3% |
| Total Operating Cost | 3.1B | 2.8B | 2.5B | 2.4B | 2.0B | 2.0B | 1.8B | 1.9B | 1.4B |
| Selling Expenses | 111.0M | 115.0M | 95.5M | 99.3M | 93.3M | 101.0M | 101.0M | 96.4M | 87.1M |
| Admin Expenses | 58.4M | 50.0M | 38.9M | 37.7M | 25.8M | 26.6M | 26.2M | 24.4M | 22.4M |
| Rd Expenses | 105.0M | 99.1M | 84.5M | 82.6M | 68.8M | 73.8M | 56.8M | 60.9M | 52.8M |
| Finance Expenses | 79.3M | 71.6M | 59.9M | 36.5M | 30.2M | 29.6M | 28.3M | 25.9M | 22.1M |
| Operating Income | 34.1M | 75.8M | 77.8M | 87.3M | 101.0M | 97.2M | 87.8M | 54.1M | 47.6M |
| Operating Margin % | 1.1% | 2.7% | 3.0% | 3.5% | 4.9% | 4.6% | 4.6% | 2.8% | 3.2% |
| Non Operating Income | 2.6M | 3.5M | 8.0M | 1.5M | 1.2M | 12.9M | 14.0M | 31,100 | 2.4M |
| Non Operating Expenses | 727,000 | 140,700 | 1.0M | 3.9M | 229,300 | 363,000 | 163,200 | 373,200 | 389,900 |
| Investment Income | 16.4M | 28.1M | 6.1M | 2.5M | 120,000 | 80,000 | 80,000 | 199,600 | 17,000 |
| Fair Value Change Income | -111,500 | 700.00 | 149,400 | -119,800 | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.8M | 1.3M | 88,600 | 23,800 | -7,200 | -8,200 | -- | 277,600 | 13,000 |
| Asset Impairment Loss | 4.9M | 1.8M | 4.6M | 1.2M | 1.6M | 986,200 | 3.7M | 8.6M | 15.3M |
| Other Income | 17.0M | 16.7M | 1.3M | 2.0M | 1.7M | 1.1M | 2.2M | 212,800 | -- |
| Income Before Tax | 36.0M | 79.1M | 84.8M | 84.9M | 102.0M | 110.0M | 102.0M | 53.8M | 49.6M |
| Income Tax | 713,100 | 5.4M | 8.3M | 6.2M | 11.8M | 13.5M | 12.1M | 7.4M | 6.5M |
| Net Income | 35.2M | 73.7M | 76.5M | 78.8M | 90.5M | 96.2M | 89.5M | 46.4M | 43.1M |
| Net Margin % | 1.1% | 2.6% | 3.0% | 3.1% | 4.4% | 4.6% | 4.7% | 2.4% | 2.9% |
| Net Income Attributable | 38.1M | 66.4M | 76.3M | 81.7M | 91.6M | 97.3M | 88.8M | 48.6M | 44.9M |
| Minority Interest | -2.9M | 7.4M | 188,400 | -2.9M | -1.1M | -1.1M | 752,500 | -2.2M | -1.8M |
| Eps Basic | 0.08 | 0.14 | 0.17 | 0.18 | 0.25 | 0.27 | 0.25 | 0.14 | 0.15 |
| Eps Diluted | 0.08 | 0.14 | 0.17 | 0.18 | 0.25 | 0.27 | 0.25 | 0.14 | 0.15 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 779.0M | 835.0M | 784.0M | 642.0M | 403.0M | 382.0M | 284.0M | 229.0M | 430.0M |
| Trading Financial Assets | 59.0M | 107.0M | 88.3M | 18.5M | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.5B | 1.3B | 1.1B | 952.0M | 935.0M | 772.0M | 640.0M | 619.0M | 365.0M |
| Notes Receivable | 16.3M | 14.7M | 22.6M | 38.2M | 45.6M | 33.0M | 47.1M | 48.4M | 23.8M |
| Notes And Accounts Receivable | 1.5B | 1.3B | 1.2B | 990.0M | 981.0M | 805.0M | 687.0M | 667.0M | 389.0M |
| Prepayments | 5.1M | 12.0M | 30.3M | 19.5M | 7.4M | 7.1M | 47.0M | 13.2M | 15.1M |
| Inventory | 932.0M | 867.0M | 671.0M | 562.0M | 348.0M | 331.0M | 289.0M | 284.0M | 296.0M |
| Total Current Assets | 3.5B | 3.3B | 2.9B | 2.4B | 1.9B | 1.5B | 1.3B | 1.2B | 1.2B |
| Fixed Assets | -- | 360.0M | 224.0M | 207.0M | -- | 226.0M | 251.0M | 274.0M | -- |
| Fixed Assets Total | 522.0M | 360.0M | 224.0M | 207.0M | 229.0M | 226.0M | 251.0M | 274.0M | 279.0M |
| Construction In Progress | -- | 68.3M | 154.0M | 66.6M | 22.7M | 21.1M | -- | -- | -- |
| Construction In Progress Total | 48.7M | 68.3M | 154.0M | 66.6M | 22.7M | 21.1M | -- | -- | -- |
| Intangible Assets | 103.0M | 85.8M | 85.3M | 88.1M | 68.6M | 69.1M | 70.0M | 71.3M | 73.0M |
| Long Term Deferred Expenses | 4.4M | 7.3M | 893,100 | 944,300 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 757.0M | 595.0M | 502.0M | 432.0M | 364.0M | 344.0M | 345.0M | 371.0M | 381.0M |
| Total Assets | 4.3B | 3.9B | 3.4B | 2.9B | 2.2B | 1.9B | 1.7B | 1.6B | 1.6B |
| Short Term Borrowings | 1.1B | 1.2B | 930.0M | 788.0M | 701.0M | 542.0M | 560.0M | 515.0M | 473.0M |
| Accounts Payable | 498.0M | 318.0M | 183.0M | 397.0M | 183.0M | 173.0M | 135.0M | 164.0M | 221.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 26.0M | 34.8M | 69.4M | 87.1M |
| Contract Liabilities | 36.9M | 30.8M | 29.7M | 20.4M | 34.0M | -- | -- | -- | -- |
| Total Current Liabilities | 2.0B | 1.8B | 1.4B | 1.5B | 1.1B | 920.0M | 797.0M | 843.0M | 894.0M |
| Long Term Borrowings | 40.5M | 5.6M | -- | -- | -- | -- | -- | -- | 4.4M |
| Total Non Current Liabilities | 611.0M | 483.0M | 464.0M | 27.3M | 23.3M | 4.4M | 6.0M | 7.3M | 33.3M |
| Total Liabilities | 2.6B | 2.3B | 1.8B | 1.5B | 1.2B | 925.0M | 803.0M | 851.0M | 927.0M |
| Paid In Capital | 466.0M | 459.0M | 459.0M | 458.0M | 367.0M | 367.0M | 367.0M | 355.0M | 355.0M |
| Capital Reserve | 525.0M | 478.0M | 478.0M | 478.0M | 312.0M | 312.0M | 312.0M | 285.0M | 285.0M |
| Surplus Reserve | 65.0M | 59.5M | 53.6M | 45.7M | 37.0M | 27.8M | 18.0M | 9.1M | 4.4M |
| Retained Earnings | 501.0M | 486.0M | 426.0M | 371.0M | 312.0M | 229.0M | 142.0M | 62.0M | 18.1M |
| Minority Equity | 35.1M | 34.6M | 27.1M | 27.4M | 30.3M | 31.5M | 32.5M | 31.8M | 34.0M |
| Equity Attributable | 1.7B | 1.6B | 1.6B | 1.4B | 1.0B | 937.0M | 839.0M | 711.0M | 662.0M |
| Total Equity | 1.7B | 1.7B | 1.6B | 1.4B | 1.1B | 968.0M | 872.0M | 743.0M | 696.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.0B | 2.8B | 2.5B | 2.7B | 1.9B | 2.1B | 1.9B | 1.8B | 1.6B |
| Total Operating Cash Inflow | 3.1B | 2.8B | 2.5B | 2.7B | 1.9B | 2.1B | 1.9B | 1.8B | 1.6B |
| Cash Paid For Goods | 2.7B | 2.6B | 2.7B | 2.4B | 1.8B | 1.8B | 1.7B | 1.8B | 1.3B |
| Cash Paid To Employees | 109.0M | 98.6M | 92.2M | 82.2M | 65.9M | 70.2M | 61.7M | 57.0M | 50.8M |
| Taxes Paid | 41.2M | 45.2M | 40.2M | 40.6M | 59.7M | 62.5M | 66.9M | 77.6M | 52.3M |
| Total Operating Cash Outflow | 3.0B | 2.9B | 2.9B | 2.6B | 2.0B | 2.0B | 1.9B | 2.0B | 1.6B |
| Operating Cash Flow | 88.5M | -46.7M | -339.0M | 44.4M | -91.5M | 116.0M | 28.7M | -221.0M | 57.0M |
| Total Investing Cash Inflow | 260.0M | 529.0M | 176.0M | 14.8M | 135,100 | 85,000 | 80,000 | 153.0M | 708.0M |
| Total Investing Cash Outflow | 309.0M | 632.0M | 332.0M | 133.0M | 37.5M | 25.7M | 10.7M | 88.2M | 758.0M |
| Investing Cash Flow | -48.5M | -103.0M | -155.0M | -118.0M | -37.3M | -25.7M | -10.7M | 64.6M | -50.3M |
| Cash From Borrowings | 1.3B | 1.2B | 1.1B | 797.0M | 766.0M | 712.0M | 600.0M | 557.0M | 589.0M |
| Dividends And Interest Paid | 69.9M | 46.2M | 58.2M | 48.7M | 30.3M | 29.7M | 27.9M | 33.1M | 26.1M |
| Debt Repayments | 1.3B | 986.0M | 942.0M | 709.0M | 608.0M | 696.0M | 527.0M | 575.0M | 632.0M |
| Total Financing Cash Inflow | 1.3B | 1.2B | 1.7B | 1.1B | 811.0M | 712.0M | 640.0M | 557.0M | 804.0M |
| Total Financing Cash Outflow | 1.4B | 1.1B | 1.0B | 792.0M | 659.0M | 729.0M | 557.0M | 621.0M | 786.0M |
| Financing Cash Flow | -97.8M | 160.0M | 651.0M | 302.0M | 152.0M | -17.7M | 82.9M | -64.2M | 18.7M |
| Net Change In Cash | -57.7M | 10.2M | 156.0M | 229.0M | 23.6M | 72.9M | 101.0M | -220.0M | 25.5M |
| Ending Cash Balance | 625.0M | 683.0M | 673.0M | 516.0M | 287.0M | 264.0M | 191.0M | 89.9M | 310.0M |
| Capex | 128.0M | 130.0M | 88.1M | 105.0M | 37.5M | 25.7M | 10.7M | 26.0M | 20.5M |