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 | 8.1B | 8.0B | 9.6B | 8.8B | 7.5B |
| Revenue Growth % | 0.9% | -15.9% | 8.3% | 16.9% | -- |
| Total Revenue | 8.1B | 8.0B | 9.6B | 8.8B | 7.5B |
| Cost Of Revenue | 6.6B | 6.2B | 7.7B | 7.4B | 6.0B |
| Gross Profit | 1.5B | 1.8B | 1.9B | 1.4B | 1.6B |
| Gross Margin % | 18.2% | 22.7% | 19.7% | 16.2% | 20.9% |
| Total Operating Cost | 7.8B | 7.8B | 9.4B | 8.9B | 7.6B |
| Selling Expenses | 262.0M | 282.0M | 300.0M | 278.0M | 263.0M |
| Admin Expenses | 514.0M | 546.0M | 605.0M | 479.0M | 524.0M |
| Rd Expenses | 392.0M | 487.0M | 531.0M | 636.0M | 517.0M |
| Finance Expenses | 32.7M | 31.2M | 63.1M | -43.9M | 164.0M |
| Operating Income | 459.0M | 412.0M | 388.0M | 123.0M | 204.0M |
| Operating Margin % | 5.7% | 5.1% | 4.1% | 1.4% | 2.7% |
| Non Operating Income | 13.0M | 29.5M | 36.2M | 49.5M | 44.0M |
| Non Operating Expenses | 69.5M | 125.0M | 19.7M | 3.4M | 5.1M |
| Investment Income | 31.1M | 38.1M | 87.5M | 48.7M | 186.0M |
| Fair Value Change Income | 1.9M | -808,800 | -8.3M | 2.5M | -71.1M |
| Asset Disposal Income | 513,300 | 17.5M | 16.3M | 2.2M | 1.0M |
| Asset Impairment Loss | 65.3M | 17.8M | 2.1M | 53.2M | 9.7M |
| Other Income | 93.6M | 122.0M | 134.0M | 143.0M | 131.0M |
| Income Before Tax | 403.0M | 317.0M | 405.0M | 169.0M | 243.0M |
| Income Tax | 36.3M | -38.7M | 11.1M | 4.0M | 20.7M |
| Net Income | 366.0M | 355.0M | 394.0M | 165.0M | 223.0M |
| Net Margin % | 4.5% | 4.4% | 4.1% | 1.9% | 3.0% |
| Net Income Attributable | 375.0M | 375.0M | 384.0M | 146.0M | 227.0M |
| Minority Interest | -9.2M | -19.3M | 10.2M | 19.9M | -4.0M |
| Eps Basic | 0.08 | 0.08 | 0.09 | 0.03 | 0.05 |
| Eps Diluted | 0.08 | 0.08 | 0.09 | 0.03 | 0.05 |
| 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 | 2.2B | 2.1B | 1.2B | 1.6B | 2.1B |
| Trading Financial Assets | 1.9M | 21.0M | 21.8M | -- | -- |
| Accounts Receivable | 3.2B | 3.3B | 3.2B | 3.7B | 2.9B |
| Notes Receivable | 92.1M | 49.9M | 96.9M | 354.0M | 166.0M |
| Notes And Accounts Receivable | 3.3B | 3.3B | 3.3B | 4.0B | 3.0B |
| Prepayments | 831.0M | 700.0M | 366.0M | 329.0M | 258.0M |
| Inventory | 4.3B | 5.0B | 4.6B | 4.9B | 5.5B |
| Total Current Assets | 12.1B | 12.1B | 10.6B | 11.9B | 12.3B |
| Long Term Equity Investment | 796.0M | 841.0M | 877.0M | 831.0M | 748.0M |
| Fixed Assets | 3.9B | 3.7B | 3.8B | 4.0B | 4.0B |
| Fixed Assets Total | 3.9B | 3.7B | 3.8B | 4.0B | 4.0B |
| Construction In Progress | 247.0M | 207.0M | 136.0M | 230.0M | 863.0M |
| Construction In Progress Total | 247.0M | 207.0M | 136.0M | 230.0M | 863.0M |
| Intangible Assets | 1.1B | 1.0B | 986.0M | 928.0M | 967.0M |
| Long Term Deferred Expenses | 22.6M | 27.4M | 35.2M | 32.8M | 19.1M |
| Total Non Current Assets | 7.9B | 7.6B | 7.7B | 7.6B | 8.1B |
| Total Assets | 20.0B | 19.7B | 18.4B | 19.5B | 20.4B |
| Short Term Borrowings | 818.0M | -- | 900.0M | 1.4B | 3.5B |
| Accounts Payable | 3.0B | 2.9B | 3.2B | 2.6B | 2.8B |
| Advance Receipts | 2.1M | 1.6M | 1.6M | -- | -- |
| Contract Liabilities | 2.9B | 2.4B | 2.0B | 1.9B | 1.5B |
| Total Current Liabilities | 9.0B | 9.0B | 8.5B | 9.7B | 10.7B |
| Long Term Borrowings | 974.0M | 870.0M | 953.0M | 1.3B | 1.2B |
| Total Non Current Liabilities | 1.5B | 1.4B | 1.6B | 2.0B | 1.9B |
| Total Liabilities | 10.5B | 10.4B | 10.1B | 11.7B | 12.6B |
| Paid In Capital | 4.6B | 4.6B | 4.3B | 4.3B | 4.3B |
| Capital Reserve | 2.7B | 2.7B | 2.1B | 2.1B | 2.1B |
| Surplus Reserve | 1.0B | 979.0M | 949.0M | 905.0M | 861.0M |
| Retained Earnings | 1.1B | 894.0M | 673.0M | 383.0M | 353.0M |
| Minority Equity | 190.0M | 195.0M | 221.0M | 208.0M | 197.0M |
| Equity Attributable | 9.3B | 9.0B | 8.0B | 7.6B | 7.5B |
| Total Equity | 9.5B | 9.2B | 8.2B | 7.8B | 7.7B |
| 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 | 9.9B | 8.5B | 10.5B | 9.1B | 8.2B |
| Tax Refunds Received | 81.4M | 88.1M | 69.9M | 129.0M | 98.2M |
| Total Operating Cash Inflow | 10.2B | 8.8B | 10.9B | 9.5B | 8.6B |
| Cash Paid For Goods | 7.4B | 6.0B | 7.8B | 6.3B | 6.0B |
| Cash Paid To Employees | 1.4B | 1.3B | 1.2B | 1.2B | 1.1B |
| Taxes Paid | 272.0M | 268.0M | 318.0M | 490.0M | 337.0M |
| Total Operating Cash Outflow | 9.4B | 8.0B | 9.7B | 8.3B | 7.9B |
| Operating Cash Flow | 850.0M | 816.0M | 1.2B | 1.2B | 682.0M |
| Total Investing Cash Inflow | 278.0M | 586.0M | 110.0M | 57.5M | 171.0M |
| Total Investing Cash Outflow | 765.0M | 926.0M | 151.0M | 223.0M | 385.0M |
| Investing Cash Flow | -488.0M | -340.0M | -40.5M | -165.0M | -214.0M |
| Cash From Borrowings | 1.3B | 1.7B | 1.9B | 4.9B | 4.4B |
| Dividends And Interest Paid | 173.0M | 166.0M | 116.0M | 205.0M | 236.0M |
| Debt Repayments | 1.3B | 1.9B | 3.4B | 6.2B | 4.6B |
| Total Financing Cash Inflow | 1.3B | 2.5B | 1.9B | 4.9B | 4.4B |
| Total Financing Cash Outflow | 1.5B | 2.1B | 3.6B | 6.4B | 4.9B |
| Financing Cash Flow | -243.0M | 391.0M | -1.7B | -1.5B | -505.0M |
| Net Change In Cash | 130.0M | 869.0M | -529.0M | -458.0M | -40.3M |
| Ending Cash Balance | 2.1B | 2.0B | 1.1B | 1.6B | 2.1B |
| Capex | 286.0M | 233.0M | 147.0M | 133.0M | 315.0M |