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 | 2.4B | 2.5B | 3.1B | 2.2B | 1.9B | 1.6B | 1.6B | 1.1B | 866.0M | 804.0M | 823.0M | 691.0M | 555.0M | 494.0M |
| Revenue Growth % | -1.7% | -21.3% | 41.9% | 16.2% | 20.4% | -3.7% | 46.2% | 29.2% | 7.7% | -2.3% | 19.1% | 24.5% | 12.3% | -- |
| Total Revenue | 2.4B | 2.5B | 3.1B | 2.2B | 1.9B | 1.6B | 1.6B | 1.1B | 866.0M | 804.0M | 823.0M | 691.0M | 555.0M | 494.0M |
| Cost Of Revenue | 2.1B | 2.2B | 2.3B | 1.7B | 1.4B | 1.0B | 1.0B | 767.0M | 601.0M | 552.0M | 553.0M | 497.0M | 412.0M | 360.0M |
| Gross Profit | 296.0M | 286.0M | 850.0M | 502.0M | 528.0M | 555.0M | 598.0M | 352.0M | 265.0M | 252.0M | 270.0M | 194.0M | 143.0M | 134.0M |
| Gross Margin % | 12.2% | 11.6% | 27.2% | 22.8% | 27.8% | 35.2% | 36.6% | 31.5% | 30.6% | 31.3% | 32.8% | 28.1% | 25.8% | 27.1% |
| Total Operating Cost | 2.5B | 2.6B | 2.7B | 2.0B | 1.7B | 1.3B | 1.4B | 995.0M | 754.0M | 683.0M | 677.0M | 605.0M | 497.0M | 432.0M |
| Selling Expenses | 79.8M | 66.9M | 52.9M | 35.8M | 35.0M | 49.2M | 48.5M | 32.6M | 25.5M | 25.4M | 27.7M | 23.7M | 20.3M | 17.1M |
| Admin Expenses | 145.0M | 215.0M | 219.0M | 169.0M | 166.0M | 167.0M | 164.0M | 120.0M | 131.0M | 112.0M | 94.7M | 80.4M | 58.3M | 49.1M |
| Rd Expenses | 106.0M | 115.0M | 144.0M | 98.1M | 96.0M | 82.4M | 87.3M | 55.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -7.0M | -7.1M | -54.0M | 7.4M | 21.4M | -5.5M | -8.0M | 9.4M | -10.4M | -8.3M | -501,600 | 2.5M | 2.1M | 5.0M |
| Operating Income | -41.7M | -129.0M | 416.0M | 205.0M | 228.0M | 242.0M | 294.0M | 133.0M | 113.0M | 122.0M | 147.0M | 86.1M | 58.3M | 62.7M |
| Operating Margin % | -1.7% | -5.2% | 13.3% | 9.3% | 12.0% | 15.4% | 18.0% | 11.9% | 13.0% | 15.2% | 17.9% | 12.5% | 10.5% | 12.7% |
| Non Operating Income | 561,600 | 752,100 | 316,900 | 979,300 | 410,500 | 174,600 | 701,500 | 1.7M | 3.9M | 1.5M | 932,400 | 301,100 | 324,700 | 743,600 |
| Non Operating Expenses | 1.7M | 2.8M | 3.1M | 4.7M | 14.0M | 3.0M | 723,200 | 546,400 | 914,900 | 5.0M | 710,200 | 447,100 | 626,800 | 1.1M |
| Investment Income | 677,400 | -6.7M | -51.6M | 18.4M | 8.4M | -7.9M | 9.0M | 8.6M | 1.3M | 2.3M | 1.4M | 174,000 | 103,700 | 803,100 |
| Fair Value Change Income | -376,500 | 898,200 | -9.7M | 8.6M | 10.3M | -3.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -198,900 | 500.00 | 1.1M | 1.0M | -9,400 | -474,900 | -526,500 | -378,000 | -158,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 8.6M | 20.8M | 6.8M | 4.1M | 3.7M | 9.5M | 21.7M | 6.6M | 3.7M | 1.1M | 1.9M | 426,700 | 2.4M | 717,800 |
| Other Income | 10.1M | 9.1M | 11.5M | 6.4M | 6.3M | 5.2M | 6.3M | 950,600 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -42.9M | -131.0M | 413.0M | 202.0M | 215.0M | 239.0M | 294.0M | 134.0M | 116.0M | 119.0M | 147.0M | 85.9M | 58.0M | 62.4M |
| Income Tax | -17.3M | -30.0M | 31.8M | 24.4M | 38.6M | 34.5M | 42.6M | 23.7M | 17.8M | 20.1M | 28.3M | 15.9M | 12.2M | 11.4M |
| Net Income | -25.6M | -101.0M | 381.0M | 177.0M | 176.0M | 205.0M | 251.0M | 110.0M | 98.2M | 98.7M | 119.0M | 70.0M | 45.8M | 50.9M |
| Net Margin % | -1.1% | -4.1% | 12.2% | 8.0% | 9.3% | 13.0% | 15.3% | 9.8% | 11.3% | 12.3% | 14.5% | 10.1% | 8.3% | 10.3% |
| Net Income Attributable | -25.9M | -104.0M | 381.0M | 177.0M | 176.0M | 205.0M | 251.0M | 110.0M | 98.2M | 98.7M | 119.0M | 70.0M | 45.8M | 50.9M |
| Minority Interest | 277,500 | 2.7M | -192,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.06 | -0.24 | 0.88 | 0.57 | 0.80 | 1.30 | 2.24 | 1.06 | 1.64 | 1.65 | 1.98 | 1.17 | 0.76 | 0.85 |
| Eps Diluted | -0.06 | -0.24 | 0.88 | 0.57 | 1.12 | 1.30 | 2.24 | 1.06 | 1.64 | 1.65 | 1.98 | 1.17 | 0.76 | 0.85 |
| 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 | 676.0M | 649.0M | 780.0M | 587.0M | 506.0M | 517.0M | 306.0M | 427.0M | 113.0M | 103.0M | 166.0M | 80.3M | 70.7M | 85.0M |
| Trading Financial Assets | 9.6M | 1.7M | 151,900 | 8.8M | 80.4M | 55.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 450.0M | 357.0M | 479.0M | 366.0M | 208.0M | 287.0M | 330.0M | 192.0M | 169.0M | 96.5M | 80.8M | 80.1M | 74.3M | 29.3M |
| Notes Receivable | 42.1M | 17.8M | 3.5M | 5.5M | -- | 1.1M | 36.8M | 69.6M | 80.6M | 6.4M | 2.4M | 4.1M | 4.3M | 4.8M |
| Notes And Accounts Receivable | 492.0M | 375.0M | 482.0M | 371.0M | 208.0M | 288.0M | 366.0M | 262.0M | 249.0M | 103.0M | 83.2M | 84.2M | 78.5M | 34.1M |
| Prepayments | 46.2M | 33.2M | 52.0M | 61.3M | 53.2M | 14.7M | 63.8M | 59.0M | 30.4M | 15.2M | 18.4M | 17.9M | 13.4M | 8.2M |
| Inventory | 794.0M | 637.0M | 640.0M | 510.0M | 396.0M | 434.0M | 371.0M | 311.0M | 241.0M | 238.0M | 211.0M | 184.0M | 200.0M | 201.0M |
| Total Current Assets | 2.2B | 1.9B | 2.0B | 1.7B | 1.4B | 1.4B | 1.2B | 1.1B | 652.0M | 488.0M | 508.0M | 379.0M | 375.0M | 343.0M |
| Fixed Assets | -- | 1.2B | 986.0M | 747.0M | 537.0M | 337.0M | 189.0M | 179.0M | 198.0M | 167.0M | 157.0M | 120.0M | 90.7M | 102.0M |
| Fixed Assets Total | 1.3B | 1.2B | 986.0M | 747.0M | 537.0M | 337.0M | 189.0M | 179.0M | 198.0M | 167.0M | 157.0M | 120.0M | 90.7M | 102.0M |
| Construction In Progress | -- | 7.6M | 136.0M | 115.0M | 239.0M | 357.0M | 130.0M | 14.4M | 6.2M | 45.7M | 11.2M | 25.3M | 27.8M | 1.4M |
| Construction In Progress Total | 60.0M | 15.0M | 150.0M | 126.0M | 261.0M | 375.0M | 140.0M | 14.4M | 6.2M | 45.7M | 11.2M | 25.3M | 27.8M | 1.4M |
| Intangible Assets | 124.0M | 109.0M | 112.0M | 114.0M | 116.0M | 119.0M | 121.0M | 8.3M | 8.1M | 8.3M | 8.7M | 9.0M | 9.3M | 7.7M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | 90,700 | 209,600 | 641,900 | 1.1M | 770,000 |
| Total Non Current Assets | 1.6B | 1.5B | 1.3B | 1.1B | 962.0M | 892.0M | 556.0M | 243.0M | 249.0M | 256.0M | 223.0M | 181.0M | 139.0M | 115.0M |
| Total Assets | 3.8B | 3.3B | 3.4B | 2.7B | 2.3B | 2.3B | 1.7B | 1.4B | 901.0M | 744.0M | 731.0M | 559.0M | 514.0M | 457.0M |
| Short Term Borrowings | 427.0M | 307.0M | 90.0M | 30.0M | -- | 40.0M | 20.0M | -- | -- | -- | 10.0M | -- | -- | 35.0M |
| Accounts Payable | 422.0M | 296.0M | 246.0M | 229.0M | 175.0M | 205.0M | 125.0M | 77.5M | 80.5M | 67.6M | 72.6M | 68.2M | 78.6M | 79.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 87.7M | 48.6M | 94.5M | 72.2M | 13.0M | 35.7M | 30.0M | 17.5M | 19.3M |
| Contract Liabilities | 125.0M | 159.0M | 129.0M | 111.0M | 108.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.8B | 1.3B | 1.1B | 863.0M | 611.0M | 588.0M | 331.0M | 233.0M | 182.0M | 101.0M | 181.0M | 131.0M | 160.0M | 152.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 127.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 15.9M | 32.9M | 24.1M | 23.9M | 20.7M | 159.0M | 41.6M | 22.6M | 18.2M | 11.2M | 2.4M | 2.2M | -- | -- |
| Total Liabilities | 1.8B | 1.3B | 1.2B | 887.0M | 631.0M | 747.0M | 373.0M | 256.0M | 200.0M | 112.0M | 183.0M | 133.0M | 160.0M | 152.0M |
| Paid In Capital | 435.0M | 435.0M | 311.0M | 222.0M | 158.0M | 112.0M | 112.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 154.0M | 154.0M | 277.0M | 361.0M | 416.0M | 445.0M | 445.0M | 477.0M | 196.0M | 196.0M | 196.0M | 196.0M | 196.0M | 196.0M |
| Surplus Reserve | 90.6M | 89.8M | 83.9M | 67.9M | 63.1M | 56.5M | 56.5M | 40.5M | 36.9M | 29.4M | 20.2M | 11.1M | 5.0M | 1.3M |
| Retained Earnings | 1.3B | 1.3B | 1.5B | 1.2B | 1.0B | 905.0M | 700.0M | 477.0M | 370.0M | 310.0M | 240.0M | 130.0M | 66.5M | 24.3M |
| Minority Equity | 7.7M | 7.4M | 4.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.0B | 2.0B | 2.2B | 1.8B | 1.7B | 1.6B | 1.4B | 1.1B | 701.0M | 632.0M | 548.0M | 426.0M | 354.0M | 305.0M |
| Total Equity | 2.0B | 2.0B | 2.2B | 1.8B | 1.7B | 1.6B | 1.4B | 1.1B | 701.0M | 632.0M | 548.0M | 426.0M | 354.0M | 305.0M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.0B | 2.2B | 2.8B | 1.9B | 1.7B | 1.6B | 1.4B | 1.0B | 708.0M | 730.0M | 725.0M | 573.0M | 433.0M | 416.0M |
| Tax Refunds Received | 99.7M | 137.0M | 263.0M | 74.9M | 62.4M | 67.9M | 63.4M | 31.2M | 41.7M | 33.3M | 21.1M | 14.6M | 9.7M | 18.3M |
| Total Operating Cash Inflow | 2.1B | 2.4B | 3.1B | 2.0B | 1.8B | 1.7B | 1.5B | 1.1B | 755.0M | 775.0M | 749.0M | 590.0M | 463.0M | 440.0M |
| Cash Paid For Goods | 1.7B | 1.9B | 2.2B | 1.4B | 1.1B | 869.0M | 893.0M | 690.0M | 508.0M | 590.0M | 463.0M | 401.0M | 310.0M | 328.0M |
| Cash Paid To Employees | 238.0M | 242.0M | 197.0M | 175.0M | 142.0M | 122.0M | 104.0M | 89.3M | 77.5M | 71.6M | 64.7M | 50.5M | 42.8M | 36.2M |
| Taxes Paid | 12.1M | 29.8M | 49.3M | 26.7M | 46.9M | 33.4M | 72.0M | 34.1M | 14.4M | 48.9M | 30.6M | 29.5M | 23.8M | 7.2M |
| Total Operating Cash Outflow | 2.1B | 2.4B | 2.7B | 1.8B | 1.5B | 1.3B | 1.3B | 977.0M | 675.0M | 762.0M | 610.0M | 531.0M | 415.0M | 410.0M |
| Operating Cash Flow | -45.0M | -890,400 | 364.0M | 224.0M | 361.0M | 400.0M | 157.0M | 73.1M | 80.1M | 12.6M | 139.0M | 59.7M | 48.3M | 30.6M |
| Total Investing Cash Inflow | 2.4B | 3.0B | 4.4B | 2.8B | 2.8B | 2.9B | 1.6B | 1.7B | 730.0M | 701.0M | 493.0M | 33.6M | 8.0M | 22.0M |
| Total Investing Cash Outflow | 2.6B | 3.1B | 4.6B | 2.9B | 2.9B | 3.2B | 1.9B | 1.7B | 767.0M | 742.0M | 554.0M | 83.3M | 32.8M | 26.7M |
| Investing Cash Flow | -188.0M | -173.0M | -229.0M | -109.0M | -134.0M | -363.0M | -293.0M | -51.2M | -36.7M | -41.3M | -61.3M | -49.7M | -24.8M | -4.6M |
| Cash From Borrowings | 405.0M | 362.0M | 200.0M | 30.0M | 20.0M | 210.0M | 20.0M | -- | -- | -- | 29.8M | -- | 31.0M | 107.0M |
| Dividends And Interest Paid | 10.9M | 84.4M | 59.0M | 55.9M | 39.6M | 1.4M | 12.8M | -- | 30.0M | 20.3M | 474,600 | -- | 2.3M | 23.6M |
| Debt Repayments | 285.0M | 145.0M | 140.0M | -- | 210.0M | 40.0M | -- | -- | -- | 10.0M | 19.8M | -- | 66.0M | 120.0M |
| Total Financing Cash Inflow | 413.0M | 380.0M | 205.0M | 30.0M | 33.4M | 210.0M | 20.5M | 302.0M | 2.6M | 19.6M | 29.8M | 18.6M | 31.0M | 117.0M |
| Total Financing Cash Outflow | 296.0M | 230.0M | 273.0M | 138.0M | 269.0M | 133.0M | 62.4M | 12.8M | 31.8M | 32.3M | 34.3M | 350,000 | 76.0M | 144.0M |
| Financing Cash Flow | 117.0M | 150.0M | -68.5M | -108.0M | -236.0M | 77.6M | -42.0M | 289.0M | -29.2M | -12.7M | -4.4M | 18.3M | -45.0M | -27.1M |
| Net Change In Cash | -108.0M | -30.7M | 119.0M | -1.0M | -31.1M | 120.0M | -171.0M | 301.0M | 12.4M | -43.2M | 73.2M | 28.3M | -21.5M | -1.2M |
| Ending Cash Balance | 312.0M | 420.0M | 450.0M | 331.0M | 332.0M | 363.0M | 243.0M | 414.0M | 113.0M | 100.0M | 143.0M | 70.2M | 41.9M | 63.4M |
| Capex | 187.0M | 192.0M | 298.0M | 198.0M | 129.0M | 336.0M | 328.0M | 29.8M | 23.3M | 56.0M | 53.0M | 52.4M | 24.9M | 20.9M |