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 |
|---|---|---|---|---|---|
| Revenue | 8.0B | 8.0B | 8.3B | 9.9B | 8.2B |
| Revenue Growth % | -0.2% | -2.8% | -16.9% | 21.3% | -- |
| Total Revenue | 8.0B | 8.0B | 8.3B | 9.9B | 8.2B |
| Cost Of Revenue | 7.0B | 7.0B | 7.2B | 7.4B | 6.1B |
| Gross Profit | 1.0B | 1.0B | 1.1B | 2.5B | 2.1B |
| Gross Margin % | 12.7% | 13.0% | 12.7% | 25.3% | 25.1% |
| Total Operating Cost | 7.7B | 7.8B | 8.1B | 8.4B | 7.1B |
| Selling Expenses | 47.0M | 37.1M | 41.2M | 40.5M | 40.3M |
| Admin Expenses | 282.0M | 289.0M | 311.0M | 332.0M | 324.0M |
| Rd Expenses | 392.0M | 439.0M | 459.0M | 537.0M | 353.0M |
| Finance Expenses | -94.2M | -52.7M | 5.9M | -1.9M | 95.9M |
| Operating Income | 499.0M | 419.0M | 386.0M | 1.6B | 1.2B |
| Operating Margin % | 6.2% | 5.2% | 4.7% | 16.0% | 14.5% |
| Non Operating Income | 4.7M | 8.9M | 3.2M | 8.6M | 5.6M |
| Non Operating Expenses | 12.3M | 5.3M | 14.7M | 79.4M | 71.5M |
| Investment Income | 30.1M | 28.8M | 20.1M | 8.1M | 35.9M |
| Fair Value Change Income | -- | -- | 4.4M | 12.8M | 3.2M |
| Asset Disposal Income | 36.3M | 6.6M | 65.3M | 12.6M | -2.8M |
| Asset Impairment Loss | 2.7M | -3.2M | 1.9M | 2.1M | 73.0M |
| Other Income | 95.0M | 104.0M | 107.0M | 39.2M | 51.0M |
| Income Before Tax | 491.0M | 422.0M | 375.0M | 1.5B | 1.1B |
| Income Tax | 56.8M | 66.0M | 39.1M | 155.0M | 130.0M |
| Net Income | 434.0M | 356.0M | 335.0M | 1.4B | 995.0M |
| Net Margin % | 5.4% | 4.4% | 4.1% | 13.7% | 12.1% |
| Net Income Attributable | 434.0M | 370.0M | 342.0M | 1.4B | 999.0M |
| Minority Interest | 411,400 | -13.5M | -6.2M | -9.4M | -4.1M |
| Eps Basic | 0.21 | 0.17 | 0.16 | 0.68 | 0.52 |
| Eps Diluted | 0.21 | 0.17 | 0.16 | 0.68 | 0.52 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 543.0M | 319.0M | 1.7B | 3.1B | 1.9B |
| Trading Financial Assets | -- | -- | 31.6M | 26.4M | 29.7M |
| Accounts Receivable | 570.0M | 609.0M | 408.0M | 570.0M | 378.0M |
| Notes Receivable | 631.0M | 709.0M | 814.0M | 814.0M | 1.3B |
| Notes And Accounts Receivable | 1.2B | 1.3B | 1.2B | 1.4B | 1.6B |
| Prepayments | 156.0M | 248.0M | 233.0M | 216.0M | 299.0M |
| Inventory | 938.0M | 1.0B | 898.0M | 888.0M | 977.0M |
| Total Current Assets | 4.9B | 5.1B | 4.8B | 5.9B | 5.1B |
| Long Term Equity Investment | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Fixed Assets | 5.8B | 5.8B | 4.9B | 4.3B | 3.9B |
| Fixed Assets Total | 5.8B | 5.8B | 4.9B | 4.3B | 3.9B |
| Construction In Progress | 1.1B | 578.0M | 809.0M | 1.1B | 1.2B |
| Construction In Progress Total | 1.2B | 598.0M | 830.0M | 1.1B | 1.2B |
| Intangible Assets | 423.0M | 407.0M | 430.0M | 446.0M | 434.0M |
| Long Term Deferred Expenses | 320,800 | 616,900 | 913,000 | 1.2M | 138,900 |
| Total Non Current Assets | 10.8B | 10.3B | 9.3B | 7.3B | 6.9B |
| Total Assets | 15.7B | 15.4B | 14.1B | 13.3B | 12.1B |
| Short Term Borrowings | 4.9B | 3.8B | 3.1B | 2.1B | 1.9B |
| Accounts Payable | 655.0M | 646.0M | 506.0M | 696.0M | 612.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 77.6M | 96.9M | 125.0M | 103.0M | 154.0M |
| Total Current Liabilities | 6.6B | 6.3B | 5.0B | 4.8B | 4.7B |
| Long Term Borrowings | -- | 100.0M | 450.0M | 130.0M | 320.0M |
| Total Non Current Liabilities | 602.0M | 692.0M | 1.1B | 655.0M | 789.0M |
| Total Liabilities | 7.2B | 7.0B | 6.0B | 5.5B | 5.5B |
| Paid In Capital | 2.1B | 2.1B | 2.2B | 2.2B | 1.9B |
| Capital Reserve | 1.8B | 1.9B | 1.9B | 1.7B | 1.7B |
| Surplus Reserve | 538.0M | 504.0M | 476.0M | 445.0M | 289.0M |
| Retained Earnings | 3.3B | 3.2B | 3.0B | 3.0B | 2.0B |
| Minority Equity | 132.0M | 21.0M | 34.5M | 40.7M | 31.9M |
| Equity Attributable | 8.4B | 8.4B | 8.0B | 7.7B | 6.5B |
| Total Equity | 8.5B | 8.4B | 8.1B | 7.8B | 6.5B |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 8.0B | 8.5B | 8.0B | 9.1B | 8.0B |
| Tax Refunds Received | 163.0M | 47.0M | 163.0M | 174.0M | 115.0M |
| Total Operating Cash Inflow | 8.2B | 8.7B | 8.3B | 9.4B | 8.2B |
| Cash Paid For Goods | 6.9B | 7.3B | 7.0B | 5.8B | 5.5B |
| Cash Paid To Employees | 730.0M | 717.0M | 737.0M | 723.0M | 680.0M |
| Taxes Paid | 203.0M | 152.0M | 191.0M | 564.0M | 459.0M |
| Total Operating Cash Outflow | 7.9B | 8.3B | 8.1B | 7.1B | 6.7B |
| Operating Cash Flow | 335.0M | 372.0M | 155.0M | 2.3B | 1.5B |
| Total Investing Cash Inflow | 1.9B | 190.0M | 1.1B | 193.0M | 161.0M |
| Total Investing Cash Outflow | 2.4B | 788.0M | 2.6B | 1.9B | 985.0M |
| Investing Cash Flow | -551.0M | -598.0M | -1.5B | -1.7B | -824.0M |
| Cash From Borrowings | 9.3B | 6.6B | 4.3B | 2.4B | 2.0B |
| Dividends And Interest Paid | 369.0M | 180.0M | 405.0M | 264.0M | 320.0M |
| Debt Repayments | 8.5B | 6.0B | 3.1B | 2.4B | 2.5B |
| Total Financing Cash Inflow | 9.5B | 6.7B | 4.5B | 2.8B | 2.2B |
| Total Financing Cash Outflow | 9.0B | 6.3B | 3.5B | 3.1B | 3.0B |
| Financing Cash Flow | 536.0M | 327.0M | 1.0B | -377.0M | -766.0M |
| Net Change In Cash | 325.0M | 124.0M | -289.0M | 180.0M | -76.5M |
| Ending Cash Balance | 488.0M | 163.0M | 39.0M | 328.0M | 148.0M |
| Capex | 851.0M | 588.0M | 1.2B | 845.0M | 934.0M |