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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51.5B | 32.3B | 9.3B | 549.0M | 435.0M | 450.0M | 451.0M | 343.0M | 247.0M | 220.0M | 157.0M | 131.0M | 74.2M |
| Revenue Growth % | 59.2% | 247.8% | 1592.9% | 26.2% | -3.3% | -0.2% | 31.5% | 38.9% | 12.3% | 40.1% | 19.8% | 76.6% | -- |
| Total Revenue | 51.5B | 32.3B | 9.3B | 549.0M | 435.0M | 450.0M | 451.0M | 343.0M | 247.0M | 220.0M | 157.0M | 131.0M | 74.2M |
| Cost Of Revenue | 45.1B | 28.9B | 8.4B | 462.0M | 390.0M | 325.0M | 319.0M | 273.0M | 205.0M | 158.0M | 104.0M | 78.7M | 46.1M |
| Gross Profit | 6.4B | 3.5B | 864.0M | 87.0M | 45.0M | 125.0M | 132.0M | 70.0M | 42.0M | 62.0M | 53.0M | 52.3M | 28.1M |
| Gross Margin % | 12.4% | 10.8% | 9.3% | 15.8% | 10.3% | 27.8% | 29.3% | 20.4% | 17.0% | 28.2% | 33.8% | 40.0% | 37.8% |
| Total Operating Cost | 48.3B | 31.4B | 9.4B | 522.0M | 426.0M | 358.0M | 360.0M | 310.0M | 237.0M | 185.0M | 126.0M | 101.0M | 60.2M |
| Selling Expenses | 1.5B | 1.4B | 434.0M | 19.7M | 2.4M | 2.3M | 3.0M | 2.3M | 1.4M | 1.7M | 4.5M | 5.4M | 1.7M |
| Admin Expenses | 1.5B | 981.0M | 445.0M | 32.2M | 23.6M | 20.3M | 21.0M | 20.8M | 16.1M | 12.3M | 9.0M | 6.2M | 4.5M |
| Rd Expenses | 35.9M | 4.0M | 3.3M | 2.0M | 2.0M | 429,200 | 171,200 | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 37.9M | 39.2M | 29.4M | 2.7M | 4.0M | 7.3M | 13.6M | 12.2M | 10.0M | 11.7M | 7.8M | 10.4M | 7.8M |
| Operating Income | 3.3B | 1.0B | -76.4M | 42.2M | 29.6M | 96.6M | 93.5M | 34.8M | 16.5M | 35.7M | 32.1M | 30.7M | 14.0M |
| Operating Margin % | 6.3% | 3.2% | -0.8% | 7.7% | 6.8% | 21.5% | 20.7% | 10.2% | 6.7% | 16.2% | 20.5% | 23.4% | 18.9% |
| Non Operating Income | 38.5M | 13.2M | 2.1M | 101,400 | 38,300 | 5,400 | 44,000 | 127,700 | 407,500 | 3.6M | 3.4M | 4.6M | 905,500 |
| Non Operating Expenses | 23.5M | 21.7M | 10.4M | 673,200 | 562,500 | 498,400 | 1.3M | 234,600 | 442,200 | 300,800 | 2.4M | 15,300 | 4,200 |
| Investment Income | 1.5M | 842.06 | 62,600 | 1.5M | 1.8M | -- | -- | -- | 4.8M | 725,500 | 731,900 | 62,900 | -- |
| Fair Value Change Income | -- | -- | -- | 198,900 | 29,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -867,500 | -8.3M | -3.3M | -1.7M | -494,700 | -98,300 | -145,600 | -11,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 11.2M | 11.9M | 6.5M | -- | 1.1M | -- | 543,500 | 78,500 | 1.4M | -3,600 | 21,200 | -300.00 | -5,700 |
| Other Income | 141.0M | 106.0M | 7.4M | 15.1M | 19.6M | 4.5M | 2.8M | 2.5M | 1.5M | -- | -- | -- | -- |
| Income Before Tax | 3.3B | 1.0B | -84.7M | 41.6M | 29.1M | 96.1M | 92.2M | 34.7M | 16.5M | 39.0M | 33.1M | 35.3M | 14.9M |
| Income Tax | 843.0M | 429.0M | 61.3M | 39,600 | 5.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | 2.4B | 603.0M | -146.0M | 41.5M | 23.4M | 96.1M | 92.2M | 34.7M | 16.5M | 39.0M | 33.1M | 35.3M | 14.9M |
| Net Margin % | 4.7% | 1.9% | -1.6% | 7.6% | 5.4% | 21.4% | 20.4% | 10.1% | 6.7% | 17.7% | 21.1% | 26.9% | 20.1% |
| Net Income Attributable | 1.3B | 294.0M | -82.9M | 47.7M | 23.4M | 96.1M | 92.2M | 34.7M | 16.5M | 39.0M | 33.1M | 35.3M | 14.9M |
| Minority Interest | 1.1B | 310.0M | -63.1M | -6.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 7.30 | 1.71 | -0.54 | 0.31 | 0.17 | 0.84 | 0.80 | 0.30 | 0.14 | 0.34 | 0.30 | 0.51 | 0.22 |
| Eps Diluted | 6.78 | 1.57 | -0.54 | 0.31 | 0.17 | 0.84 | 0.80 | 0.30 | 0.14 | 0.34 | 0.30 | 0.51 | 0.22 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 4.7B | 2.4B | 1.2B | 115.0M | 216.0M | 33.5M | 27.2M | 66.8M | 53.7M | 29.2M | 114.0M | 4.7M | 41.8M |
| Trading Financial Assets | -- | -- | -- | -- | 20.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 13.1M | 18.5M | 26.9M | 14.5M | 8.2M | 2.4M | 2.5M | 8.7M | 2.3M | 726,800 | 2.5M | 294,400 | 200,000 |
| Notes Receivable | -- | -- | -- | -- | 1.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 13.1M | 18.5M | 26.9M | 14.5M | 9.6M | 2.4M | 2.5M | 8.7M | 2.3M | 726,800 | 2.5M | 294,400 | 200,000 |
| Prepayments | 1.6B | 1.1B | 248.0M | 42.9M | 405,100 | 531,700 | 593,600 | 2.4M | 1.1M | 940,200 | 105,900 | 1.2M | 2.6M |
| Inventory | 2.4B | 2.1B | 733.0M | 100.0M | 55.4M | 50.8M | 41.6M | 43.0M | 35.1M | 26.5M | 20.7M | 44.5M | 19.6M |
| Total Current Assets | 8.9B | 5.8B | 2.3B | 279.0M | 302.0M | 93.1M | 74.2M | 123.0M | 94.6M | 119.0M | 168.0M | 50.8M | 90.8M |
| Long Term Equity Investment | -- | -- | -- | 242,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | 700.0M | 794.0M | 851.0M | 432.0M | 471.0M | 503.0M | 513.0M | -- | -- | 375.0M | 223.0M | 209.0M | 91.3M |
| Fixed Assets Total | 700.0M | 794.0M | 851.0M | 432.0M | 471.0M | 503.0M | 513.0M | 561.0M | 418.0M | 375.0M | 223.0M | 209.0M | 91.3M |
| Construction In Progress | -- | -- | 145,300 | 287.0M | 29.4M | 175,000 | 9.4M | -- | -- | 4.8M | 78.7M | 6.4M | 6.0M |
| Construction In Progress Total | 406,200 | 1.1M | 1.2M | 303.0M | 35.1M | 3.4M | 10.8M | 1.6M | 37.5M | 5.0M | 78.7M | 6.4M | 6.0M |
| Intangible Assets | 81.0M | 59.5M | 60.6M | 53.0M | 53.4M | 54.8M | 56.2M | 57.6M | 58.7M | 60.0M | 61.2M | 62.5M | 49.2M |
| Long Term Deferred Expenses | 24.7M | 37.5M | 51.2M | 4.9M | -- | -- | -- | 463,800 | 2.2M | 4.6M | 4.9M | -- | -- |
| Total Non Current Assets | 1.2B | 1.5B | 1.6B | 922.0M | 561.0M | 565.0M | 581.0M | 623.0M | 524.0M | 452.0M | 406.0M | 278.0M | 154.0M |
| Total Assets | 10.0B | 7.3B | 3.9B | 1.2B | 863.0M | 658.0M | 656.0M | 746.0M | 618.0M | 570.0M | 574.0M | 329.0M | 244.0M |
| Short Term Borrowings | 637.0M | 956.0M | 511.0M | 148.0M | 64.8M | 88.1M | 68.1M | 99.0M | 90.0M | 80.0M | 49.0M | 54.0M | 49.0M |
| Accounts Payable | 3.1B | 2.0B | 943.0M | 117.0M | 59.7M | 39.5M | 56.8M | 79.0M | 46.2M | 42.4M | 35.5M | 49.7M | 8.7M |
| Advance Receipts | -- | -- | -- | -- | -- | -- | 4.1M | 4.7M | 4.0M | 6.4M | 2.7M | 1.7M | 1.0M |
| Contract Liabilities | 308.0M | 312.0M | 170.0M | 8.9M | 1.2M | 4.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 6.3B | 5.1B | 2.6B | 331.0M | 181.0M | 212.0M | 207.0M | 241.0M | 171.0M | 171.0M | 119.0M | 122.0M | 71.5M |
| Long Term Borrowings | 974.0M | 237.0M | 148.0M | 111.0M | -- | 30.0M | 91.3M | 159.0M | 138.0M | 109.0M | 168.0M | 85.0M | 89.0M |
| Total Non Current Liabilities | 1.2B | 664.0M | 589.0M | 197.0M | 29.9M | 45.2M | 104.0M | 171.0M | 148.0M | 117.0M | 174.0M | 90.4M | 91.3M |
| Total Liabilities | 7.5B | 5.8B | 3.2B | 529.0M | 210.0M | 258.0M | 311.0M | 412.0M | 320.0M | 288.0M | 293.0M | 212.0M | 163.0M |
| Paid In Capital | 189.0M | 180.0M | 155.0M | 153.0M | 153.0M | 115.0M | 115.0M | 115.0M | 115.0M | 115.0M | 76.8M | 69.0M | 66.8M |
| Capital Reserve | 68.1M | 534.0M | 364.0M | 305.0M | 304.0M | 113.0M | 113.0M | 113.0M | 113.0M | 113.0M | 152.0M | 24.8M | 850,100 |
| Surplus Reserve | 54.5M | 37.9M | 33.8M | 33.8M | 26.0M | 23.4M | 18.2M | 13.0M | 10.1M | 8.6M | 5.7M | 2.4M | 1.5M |
| Retained Earnings | 1.2B | 346.0M | 92.7M | 176.0M | 170.0M | 149.0M | 98.0M | 91.6M | 59.8M | 44.8M | 47.1M | 20.7M | 12.5M |
| Minority Equity | 1.1B | 363.0M | 50.4M | 4.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.1B | 645.0M | 668.0M | 653.0M | 401.0M | 345.0M | 333.0M | 298.0M | 282.0M | 281.0M | 117.0M | 81.6M |
| Total Equity | 2.6B | 1.5B | 696.0M | 672.0M | 653.0M | 401.0M | 345.0M | 333.0M | 298.0M | 282.0M | 281.0M | 117.0M | 81.6M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 57.3B | 36.6B | 10.6B | 557.0M | 415.0M | 450.0M | 456.0M | 337.0M | 243.0M | 226.0M | 154.0M | 132.0M | 74.6M |
| Total Operating Cash Inflow | 58.6B | 37.3B | 11.7B | 597.0M | 452.0M | 461.0M | 464.0M | 347.0M | 249.0M | 231.0M | 161.0M | 144.0M | 110.0M |
| Cash Paid For Goods | 51.2B | 34.3B | 9.5B | 392.0M | 253.0M | 221.0M | 203.0M | 176.0M | 140.0M | 114.0M | 77.1M | 43.2M | 44.7M |
| Cash Paid To Employees | 1.2B | 870.0M | 402.0M | 104.0M | 87.1M | 73.6M | 71.0M | 60.8M | 41.6M | 28.0M | 15.7M | 11.6M | 5.6M |
| Taxes Paid | 1.6B | 643.0M | 93.1M | 9.0M | 3.5M | 3.0M | 2.9M | 2.2M | 3.5M | 201,600 | 463,800 | 635,300 | 380,600 |
| Total Operating Cash Outflow | 55.0B | 36.5B | 10.7B | 526.0M | 353.0M | 305.0M | 287.0M | 245.0M | 191.0M | 150.0M | 103.0M | 63.2M | 66.1M |
| Operating Cash Flow | 3.6B | 848.0M | 1.0B | 70.4M | 98.8M | 156.0M | 177.0M | 102.0M | 57.3M | 80.4M | 58.1M | 80.6M | 44.1M |
| Total Investing Cash Inflow | 27.3M | 20.4M | 17.6M | 22.1M | 2.1M | 197,800 | 147,200 | 43,200 | 66.9M | 30.8M | 1.3M | 26.7M | -- |
| Total Investing Cash Outflow | 77.4M | 117.0M | 224.0M | 316.0M | 61.6M | 56.1M | 39.7M | 125.0M | 115.0M | 128.0M | 169.0M | 137.0M | 65.6M |
| Investing Cash Flow | -50.1M | -96.2M | -207.0M | -294.0M | -59.4M | -55.9M | -39.6M | -125.0M | -48.3M | -96.7M | -168.0M | -110.0M | -65.6M |
| Cash From Borrowings | 2.0B | 1.1B | 598.0M | 266.0M | 90.7M | 88.0M | 106.0M | 164.0M | 171.0M | 174.0M | 209.0M | 105.0M | 55.9M |
| Dividends And Interest Paid | 275.0M | 54.5M | 15.2M | 39.2M | 5.2M | 49.0M | 94.7M | 14.3M | 10.5M | 52.5M | 11.1M | 10.7M | 7.9M |
| Debt Repayments | 1.4B | 569.0M | 196.0M | 95.5M | 175.0M | 130.0M | 188.0M | 112.0M | 138.0M | 200.0M | 114.0M | 99.0M | -- |
| Total Financing Cash Inflow | 2.1B | 1.4B | 635.0M | 276.0M | 336.0M | 88.0M | 106.0M | 164.0M | 171.0M | 177.0M | 346.0M | 105.0M | 55.9M |
| Total Financing Cash Outflow | 3.3B | 1.1B | 412.0M | 154.0M | 193.0M | 182.0M | 283.0M | 127.0M | 149.0M | 252.0M | 127.0M | 110.0M | 7.9M |
| Financing Cash Flow | -1.1B | 303.0M | 222.0M | 123.0M | 143.0M | -93.9M | -177.0M | 36.4M | 22.0M | -75.3M | 220.0M | -4.4M | 48.0M |
| Net Change In Cash | 2.4B | 1.1B | 1.0B | -101.0M | 183.0M | 6.4M | -39.6M | 13.1M | 31.0M | -91.6M | 110.0M | -34.3M | 26.5M |
| Ending Cash Balance | 4.6B | 2.2B | 1.2B | 115.0M | 216.0M | 33.5M | 27.2M | 66.8M | 53.7M | 22.7M | 114.0M | 3.9M | 38.2M |
| Capex | 77.4M | 117.0M | 219.0M | 316.0M | 41.6M | 56.1M | 39.7M | 125.0M | 115.0M | 67.5M | 139.0M | 137.0M | 39.0M |