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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Jan 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4B | 3.7B | 1.7B | 2.0B | 1.6B | 679.0M | 558.0M | 278.0M | 152.0M | 11.8M | 131.0M | 101.0M |
| Revenue Growth % | 21.4% | 114.6% | -16.7% | 28.0% | 135.3% | 21.7% | 100.7% | 82.9% | 1187.0% | -91.0% | 29.7% | -- |
| Total Revenue | 4.4B | 3.7B | 1.7B | 2.0B | 1.6B | 679.0M | 558.0M | 278.0M | 152.0M | 11.8M | 131.0M | 101.0M |
| Cost Of Revenue | 3.7B | 3.0B | 1.5B | 1.2B | 932.0M | 531.0M | 379.0M | 185.0M | 105.0M | 7.3M | 86.4M | 68.1M |
| Gross Profit | 724.0M | 665.0M | 249.0M | 813.0M | 666.0M | 148.0M | 179.0M | 93.0M | 47.0M | 4.5M | 44.6M | 32.9M |
| Gross Margin % | 16.3% | 18.2% | 14.6% | 39.7% | 41.7% | 21.8% | 32.1% | 33.5% | 30.9% | 38.0% | 34.1% | 32.5% |
| Total Operating Cost | 4.0B | 3.1B | 1.5B | 1.3B | 1.0B | 611.0M | 441.0M | 235.0M | 151.0M | 10.4M | 129.0M | 85.5M |
| Selling Expenses | 81.6M | 63.5M | 28.1M | 29.9M | 16.3M | 8.3M | 4.4M | -- | -- | -- | -- | 1.2M |
| Admin Expenses | 68.0M | 54.5M | 42.7M | 34.9M | 30.2M | 17.1M | 13.6M | 8.0M | 9.2M | 647,000 | 6.1M | 4.0M |
| Rd Expenses | 29,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 87.8M | 28.2M | -2.9M | 38.2M | 53.9M | 52.0M | 42.5M | 41.1M | 37.4M | 2.4M | 37.6M | 11.3M |
| Operating Income | 483.0M | 552.0M | 188.0M | 707.0M | 579.0M | 81.6M | 151.0M | 43.2M | 1.1M | 1.4M | 14.8M | 15.0M |
| Operating Margin % | 10.9% | 15.1% | 11.0% | 34.6% | 36.2% | 12.0% | 27.1% | 15.6% | 0.7% | 11.8% | 11.3% | 14.9% |
| Non Operating Income | 1.7M | 10.7M | 262,900 | 360,000 | 673,300 | 6.1M | 2.7M | 11.8M | 330,000 | -- | 306,800 | -- |
| Non Operating Expenses | 6.1M | 239,400 | 5.3M | 1.9M | 283,300 | 44,200 | 25,800 | 3,000 | -- | -- | 80,000 | 105,000 |
| Investment Income | 1.5M | 3.2M | 3.0M | 3.7M | 2.0M | 540,200 | 543,500 | -- | -- | -- | 12.6M | -- |
| Fair Value Change Income | 1.8M | 1.1M | 9.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2.5M | 31.7M | -200.00 | -7,900 | -- | -8,500 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- | -- | -- | 51,300 | 14,600 | -- | -903,300 | 903,300 |
| Other Income | 358,900 | 372,900 | 3.3M | 364,000 | 15.8M | 13.0M | 33.9M | -- | -- | -- | -- | -- |
| Income Before Tax | 478.0M | 562.0M | 183.0M | 705.0M | 579.0M | 87.7M | 154.0M | 55.0M | 1.4M | 1.4M | 15.0M | 14.9M |
| Income Tax | 13.4M | 13.0M | -2.1M | 33.7M | 61.8M | 21.6M | 51.4M | 13.8M | 363,500 | 350,100 | 1.4M | 2.2M |
| Net Income | 465.0M | 549.0M | 185.0M | 671.0M | 517.0M | 66.0M | 103.0M | 41.2M | 1.0M | 1.0M | 13.7M | 12.8M |
| Net Margin % | 10.5% | 15.0% | 10.9% | 32.8% | 32.4% | 9.7% | 18.5% | 14.8% | 0.7% | 8.9% | 10.4% | 12.6% |
| Net Income Attributable | 465.0M | 549.0M | 185.0M | 671.0M | 517.0M | 66.0M | 103.0M | 41.2M | 1.0M | 1.0M | 13.7M | 12.8M |
| Eps Basic | 0.51 | 0.60 | 0.21 | 1.22 | 1.41 | 0.20 | 0.31 | 0.19 | 0.01 | 0.01 | 0.03 | 0.06 |
| Eps Diluted | 0.51 | 0.59 | 0.21 | 1.22 | 1.41 | 0.20 | 0.31 | -- | -- | -- | -- | -- |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Jan 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 608.0M | 550.0M | 640.0M | 732.0M | 281.0M | 52.9M | 55.2M | 79.4M | 69.9M | 128.0M | 129.0M | 19.1M |
| Trading Financial Assets | 82.5M | 91.8M | 504.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 225.0M | 220.0M | 113.0M | 60.9M | 99.6M | 46.6M | 20.9M | 34.8M | 18.7M | 6.5M | 12.6M | 3.0M |
| Notes Receivable | 22.8M | -- | -- | -- | 497,500 | -- | -- | -- | -- | -- | -- | 6.3M |
| Notes And Accounts Receivable | 248.0M | 220.0M | 113.0M | 60.9M | 100.0M | 46.6M | 20.9M | 34.8M | 18.7M | 6.5M | 12.6M | 9.3M |
| Prepayments | 39.7M | 17.0M | 16.4M | 10.7M | 8.7M | 16.6M | 8.0M | 3.2M | 878,800 | 3.8M | 2.1M | 6.7M |
| Inventory | 197.0M | 102.0M | 108.0M | 27.7M | 29.9M | 22.1M | 16.2M | 5.5M | 1.6M | 1.7M | 896,500 | 46.1M |
| Total Current Assets | 1.5B | 1.2B | 1.6B | 944.0M | 503.0M | 209.0M | 170.0M | 251.0M | 175.0M | 230.0M | 237.0M | 197.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 17.6M | -- |
| Fixed Assets | 4.8B | 3.9B | 2.1B | 955.0M | 611.0M | 1.3B | -- | 701.0M | 731.0M | 758.0M | 761.0M | 429.0M |
| Fixed Assets Total | 4.8B | 3.9B | 2.1B | 955.0M | 611.0M | 1.3B | 1.1B | 701.0M | 731.0M | 758.0M | 761.0M | 429.0M |
| Construction In Progress | -- | -- | -- | -- | -- | 977,000 | -- | -- | -- | -- | -- | 6.5M |
| Construction In Progress Total | -- | -- | -- | -- | -- | 977,000 | 406,000 | -- | -- | -- | -- | 6.5M |
| Intangible Assets | 3.2M | 2.2M | 1.1M | 1.3M | 1.7M | 499,400 | 33,700 | 2,615 | 4,109 | 8,135 | 9,196 | 21,900 |
| Long Term Deferred Expenses | 2.4M | 2.8M | 2.1M | 2.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 5.3B | 4.6B | 3.0B | 1.7B | 1.6B | 1.3B | 1.1B | 701.0M | 731.0M | 758.0M | 778.0M | 436.0M |
| Total Assets | 6.8B | 5.8B | 4.5B | 2.6B | 2.1B | 1.6B | 1.3B | 952.0M | 906.0M | 989.0M | 1.0B | 633.0M |
| Short Term Borrowings | 5.8M | 14.3M | -- | -- | 10.0M | 20.0M | -- | -- | -- | -- | -- | 10.0M |
| Accounts Payable | 180.0M | 107.0M | 75.6M | 52.2M | 43.9M | 22.1M | 13.0M | 35.4M | 12.1M | 5.4M | 7.5M | 1.4M |
| Advance Receipts | 37.1M | 36.5M | 11.7M | 13.5M | 16.7M | 2.1M | 13.5M | 9.5M | -- | 305,800 | 100,000 | 102,600 |
| Contract Liabilities | 135.0M | 21.2M | 39.4M | 5.6M | 20.9M | 5.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.1B | 850.0M | 515.0M | 304.0M | 262.0M | 269.0M | 337.0M | 159.0M | -51.7M | 50.4M | 62.1M | 2.2M |
| Long Term Borrowings | 212.0M | 39.9M | -- | -- | -- | -- | -- | 161.0M | 260.0M | 285.0M | 287.0M | 304.0M |
| Total Non Current Liabilities | 1.2B | 868.0M | 381.0M | 256.0M | 554.0M | 625.0M | 370.0M | 464.0M | 671.0M | 724.0M | 741.0M | 426.0M |
| Total Liabilities | 2.3B | 1.7B | 896.0M | 560.0M | 816.0M | 893.0M | 707.0M | 624.0M | 619.0M | 775.0M | 803.0M | 428.0M |
| Paid In Capital | 928.0M | 917.0M | 615.0M | 371.0M | 371.0M | 234.0M | 234.0M | 223.0M | 223.0M | 200.0M | 200.0M | 200.0M |
| Capital Reserve | 1.2B | 1.1B | 1.4B | 121.0M | 118.0M | 94.5M | 91.6M | 64.2M | 64.1M | -- | -- | -- |
| Surplus Reserve | 81.1M | 79.3M | 76.9M | 76.9M | 67.1M | 48.7M | 42.4M | 4.2M | 103,100 | 1.4M | 1.3M | -- |
| Retained Earnings | 2.3B | 1.9B | 1.5B | 1.4B | 792.0M | 293.0M | 234.0M | 37.0M | -13,700 | 12.6M | 11.6M | 6.4M |
| Equity Attributable | 4.5B | 4.1B | 3.6B | 2.0B | 1.3B | 661.0M | 609.0M | 328.0M | 287.0M | 214.0M | 213.0M | 205.0M |
| Total Equity | 4.5B | 4.1B | 3.6B | 2.0B | 1.3B | 661.0M | 609.0M | 328.0M | 287.0M | 214.0M | 213.0M | 205.0M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Jan 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.6B | 3.7B | 1.7B | 2.1B | 1.6B | 692.0M | 616.0M | 268.0M | 163.0M | 18.2M | 128.0M | 91.3M |
| Tax Refunds Received | 6.9M | 6.4M | 8.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 4.7B | 3.7B | 1.8B | 2.1B | 1.7B | 713.0M | 661.0M | 402.0M | 290.0M | 37.3M | 438.0M | 578.0M |
| Cash Paid For Goods | 2.8B | 2.4B | 1.3B | 1.1B | 838.0M | 487.0M | 320.0M | 169.0M | 98.6M | 12.0M | 55.1M | 84.6M |
| Cash Paid To Employees | 425.0M | 305.0M | 223.0M | 109.0M | 62.0M | 41.7M | 40.6M | 18.1M | 3.4M | 129,300 | 1.9M | 1.4M |
| Taxes Paid | 38.8M | 17.8M | 20.7M | 89.0M | 56.0M | 31.1M | 51.1M | 2.2M | 1.6M | 4,021 | 976,500 | 694,600 |
| Total Operating Cash Outflow | 3.3B | 2.7B | 1.6B | 1.3B | 994.0M | 571.0M | 424.0M | 334.0M | 267.0M | 28.4M | 225.0M | 488.0M |
| Operating Cash Flow | 1.3B | 1.0B | 200.0M | 799.0M | 691.0M | 142.0M | 237.0M | 68.0M | 23.0M | 8.9M | 213.0M | 89.6M |
| Total Investing Cash Inflow | 868.0M | 741.0M | 548.0M | 189.0M | 173.0M | 57.5M | 61.5M | 3.5M | -- | -1.4M | -- | -- |
| Total Investing Cash Outflow | 1.9B | 2.3B | 1.8B | 391.0M | 417.0M | 58.4M | 169.0M | 7,330 | 334,000 | -- | 69.6M | 204.0M |
| Investing Cash Flow | -1.1B | -1.5B | -1.3B | -202.0M | -244.0M | -862,200 | -108.0M | 3.5M | -334,000 | -1.4M | -69.6M | -204.0M |
| Cash From Borrowings | 329.0M | 124.0M | -- | -- | 18.1M | 52.1M | 24.1M | -- | -- | -- | 50.5M | 263.0M |
| Dividends And Interest Paid | 109.0M | 94.5M | 82.5M | 37.5M | 1.7M | 3.2M | 22.1M | 21.5M | 16.7M | 7.5M | 26.4M | 18.1M |
| Debt Repayments | 120.0M | 65.6M | -- | 10.0M | 61.5M | 17.9M | 69.0M | 92.7M | 138.0M | 2.1M | 57.6M | 213.0M |
| Total Financing Cash Inflow | 786.0M | 1.0B | 1.5B | -- | 218.0M | 112.0M | 24.1M | 128.0M | 73.3M | -- | 50.5M | 263.0M |
| Total Financing Cash Outflow | 958.0M | 604.0M | 275.0M | 380.0M | 436.0M | 256.0M | 182.0M | 191.0M | 155.0M | 9.6M | 84.1M | 231.0M |
| Financing Cash Flow | -173.0M | 399.0M | 1.2B | -380.0M | -218.0M | -144.0M | -158.0M | -62.1M | -81.6M | -9.6M | -33.6M | 32.0M |
| Net Change In Cash | 57.9M | -89.5M | 110.0M | 251.0M | 226.0M | -2.3M | -30.7M | 9.4M | -59.0M | -2.1M | 110.0M | -82.2M |
| Ending Cash Balance | 608.0M | 550.0M | 640.0M | 530.0M | 279.0M | 52.9M | 55.2M | 79.4M | 69.9M | 128.0M | 129.0M | 19.1M |
| Capex | 1.2B | 2.0B | 986.0M | 7.9M | 246.0M | 1.4M | 108.0M | 7,300 | 334,000 | -- | 69.6M | 204.0M |