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 | 3.9B | 3.4B | 3.3B | 3.6B | 2.3B | 2.0B | 1.7B | 1.5B | 1.2B | 889.0M | 921.0M | 923.0M | 938.0M | 936.0M |
| Revenue Growth % | 15.0% | 2.3% | -9.2% | 58.5% | 12.7% | 18.2% | 13.3% | 21.0% | 40.6% | -3.5% | -0.2% | -1.6% | 0.2% | -- |
| Total Revenue | 3.9B | 3.4B | 3.3B | 3.6B | 2.3B | 2.0B | 1.7B | 1.5B | 1.2B | 889.0M | 921.0M | 923.0M | 938.0M | 936.0M |
| Cost Of Revenue | 3.5B | 3.1B | 2.9B | 3.0B | 1.9B | 1.6B | 1.4B | 1.2B | 975.0M | 728.0M | 777.0M | 756.0M | 774.0M | 780.0M |
| Gross Profit | 393.0M | 299.0M | 427.0M | 598.0M | 432.0M | 415.0M | 323.0M | 315.0M | 275.0M | 161.0M | 144.0M | 167.0M | 164.0M | 156.0M |
| Gross Margin % | 10.2% | 8.9% | 13.0% | 16.5% | 18.9% | 20.5% | 18.8% | 20.8% | 22.0% | 18.1% | 15.6% | 18.1% | 17.5% | 16.7% |
| Total Operating Cost | 4.0B | 3.6B | 3.3B | 3.4B | 2.2B | 1.9B | 1.7B | 1.4B | 1.2B | 858.0M | 913.0M | 895.0M | 896.0M | 884.0M |
| Selling Expenses | 94.6M | 87.7M | 79.5M | 77.8M | 57.3M | 89.9M | 79.7M | 69.5M | 66.7M | 46.1M | 42.5M | 40.1M | 39.2M | 29.9M |
| Admin Expenses | 112.0M | 119.0M | 113.0M | 102.0M | 88.4M | 69.0M | 60.2M | 52.2M | 98.9M | 64.1M | 75.4M | 73.7M | 66.7M | 59.7M |
| Rd Expenses | 201.0M | 197.0M | 202.0M | 146.0M | 112.0M | 117.0M | 84.7M | 59.9M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 70.6M | 55.9M | 28.0M | 59.4M | 46.4M | 35.0M | 26.6M | 28.9M | 9.1M | 6.1M | 11.2M | 16.4M | 11.6M | 15.0M |
| Operating Income | -104.0M | -158.0M | 8.0M | 263.0M | 139.0M | 106.0M | 65.4M | 104.0M | 82.5M | 31.3M | 8.5M | 27.7M | 43.2M | 52.5M |
| Operating Margin % | -2.7% | -4.7% | 0.2% | 7.3% | 6.1% | 5.2% | 3.8% | 6.9% | 6.6% | 3.5% | 0.9% | 3.0% | 4.6% | 5.6% |
| Non Operating Income | 1.2M | 2.0M | 2.5M | 759,000 | 757,900 | 446,800 | 9.7M | 2.0M | 12.4M | 15.5M | 17.1M | 13.6M | 13.6M | 8.3M |
| Non Operating Expenses | 999,900 | 1.1M | 714,300 | 2.0M | 3.3M | 922,000 | 3.5M | 698,000 | 820,400 | 1.4M | 1.6M | 2.9M | 1.2M | 6.2M |
| Investment Income | -4.6M | -8.6M | -8.7M | 6.3M | 6.8M | -946,700 | 3.2M | 691,600 | -- | -- | -- | -- | 1.1M | 523,800 |
| Fair Value Change Income | -843,300 | 596,200 | 2.0M | -344,100 | 1.4M | 472,300 | -213,600 | 324,400 | -110,800 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 74,000 | -539,300 | 13,500 | -200.00 | 15,400 | -245,500 | 18,800 | 6,900 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 59.9M | 11.1M | 8.3M | 2.4M | 7.2M | 6.4M | 18.2M | 9.9M | 10.9M | 9.5M | 3.6M | 4.8M | 2.7M | -4.0M |
| Other Income | 76.9M | 47.0M | 37.3M | 27.0M | 28.3M | 26.9M | 17.6M | 16.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -104.0M | -157.0M | 9.8M | 261.0M | 136.0M | 105.0M | 71.6M | 105.0M | 94.1M | 45.3M | 24.0M | 38.4M | 55.6M | 54.5M |
| Income Tax | -6.8M | -36.7M | -30.8M | 21.2M | 10.0M | 2.9M | -1.1M | 11.3M | 9.3M | 4.5M | 840,100 | 3.2M | 6.5M | 8.1M |
| Net Income | -97.3M | -120.0M | 40.6M | 240.0M | 126.0M | 103.0M | 72.7M | 93.6M | 84.8M | 40.8M | 23.2M | 35.2M | 49.1M | 46.4M |
| Net Margin % | -2.5% | -3.6% | 1.2% | 6.6% | 5.5% | 5.1% | 4.2% | 6.2% | 6.8% | 4.6% | 2.5% | 3.8% | 5.2% | 5.0% |
| Net Income Attributable | -97.4M | -121.0M | 36.1M | 238.0M | 125.0M | 102.0M | 72.7M | 93.6M | 84.8M | 40.8M | 23.2M | 35.2M | 49.1M | 46.4M |
| Minority Interest | 121,000 | 130,300 | 4.6M | 2.0M | 790,700 | 392,600 | -2,200 | -200.00 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.69 | -0.85 | 0.25 | 1.68 | 0.92 | 0.79 | 0.56 | 0.72 | 0.87 | 0.42 | 0.24 | 0.36 | 0.51 | 0.48 |
| Eps Diluted | -0.69 | -0.85 | 0.25 | 1.68 | 0.91 | 0.79 | 0.56 | 0.72 | 0.87 | 0.42 | 0.24 | 0.36 | 0.51 | 0.48 |
| 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 | 468.0M | 512.0M | 549.0M | 448.0M | 380.0M | 173.0M | 167.0M | 160.0M | 310.0M | 99.8M | 111.0M | 89.2M | 153.0M | 96.3M |
| Trading Financial Assets | -- | 718,100 | 2.6M | 619,900 | 192.0M | 472,300 | -- | 373,300 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.5B | 1.4B | 1.4B | 1.4B | 883.0M | 768.0M | 671.0M | 538.0M | 459.0M | 331.0M | 280.0M | 292.0M | 273.0M | 231.0M |
| Notes Receivable | 161.0M | 53.4M | 529,000 | 26.0M | 1.3M | 4.1M | 116.0M | 63.3M | 73.6M | 33.7M | 13.3M | 20.7M | 25.5M | 40.5M |
| Notes And Accounts Receivable | 1.7B | 1.4B | 1.4B | 1.4B | 884.0M | 773.0M | 787.0M | 602.0M | 532.0M | 364.0M | 294.0M | 313.0M | 299.0M | 271.0M |
| Prepayments | 12.1M | 9.5M | 9.8M | 15.7M | 11.2M | 8.8M | 9.4M | 7.4M | 9.7M | 5.8M | 4.9M | 18.3M | 16.4M | 8.8M |
| Inventory | 455.0M | 452.0M | 442.0M | 407.0M | 279.0M | 238.0M | 227.0M | 205.0M | 149.0M | 98.0M | 112.0M | 90.8M | 106.0M | 101.0M |
| Total Current Assets | 2.9B | 2.7B | 2.8B | 2.7B | 2.1B | 1.4B | 1.3B | 1.1B | 1.0B | 572.0M | 535.0M | 521.0M | 585.0M | 489.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.0M | 3.0M |
| Fixed Assets | -- | 2.4B | 1.9B | 1.2B | 768.0M | 640.0M | 458.0M | 301.0M | 220.0M | 191.0M | 193.0M | 186.0M | 153.0M | 149.0M |
| Fixed Assets Total | 2.6B | 2.4B | 1.9B | 1.2B | 768.0M | 640.0M | 458.0M | 301.0M | 220.0M | 191.0M | 193.0M | 186.0M | 153.0M | 149.0M |
| Construction In Progress | -- | 264.0M | 556.0M | 722.0M | 198.0M | 148.0M | 273.0M | 204.0M | 11.0M | 28.8M | 15.1M | 4.5M | 16.4M | 6.6M |
| Construction In Progress Total | 227.0M | 264.0M | 556.0M | 722.0M | 198.0M | 148.0M | 273.0M | 204.0M | 11.0M | 28.8M | 15.1M | 4.5M | 16.4M | 6.6M |
| Intangible Assets | 246.0M | 241.0M | 265.0M | 206.0M | 198.0M | 154.0M | 101.0M | 89.3M | 91.4M | 73.0M | 74.5M | 74.6M | 71.3M | 67.1M |
| Long Term Deferred Expenses | 12.7M | 15.4M | 17.9M | 16.4M | 16.0M | 9.6M | 4.4M | 497,400 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 3.2B | 3.1B | 2.9B | 2.4B | 1.4B | 1.0B | 901.0M | 671.0M | 371.0M | 325.0M | 320.0M | 284.0M | 259.0M | 228.0M |
| Total Assets | 6.1B | 5.8B | 5.6B | 5.1B | 3.5B | 2.4B | 2.2B | 1.8B | 1.4B | 896.0M | 855.0M | 806.0M | 844.0M | 717.0M |
| Short Term Borrowings | 955.0M | 920.0M | 873.0M | 969.0M | 655.0M | 601.0M | 524.0M | 449.0M | 224.0M | 156.0M | 131.0M | 165.0M | 145.0M | 114.0M |
| Accounts Payable | 965.0M | 672.0M | 774.0M | 671.0M | 468.0M | 358.0M | 327.0M | 277.0M | 238.0M | 189.0M | 196.0M | 177.0M | 172.0M | 171.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 11.3M | 4.0M | 2.7M | 8.8M | 13.7M | 2.0M | 1.8M | 2.6M | 3.8M |
| Contract Liabilities | 16.4M | 8.4M | 9.0M | 7.1M | 18.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.3B | 2.8B | 2.8B | 2.8B | 1.8B | 1.5B | 1.4B | 1.0B | 761.0M | 472.0M | 465.0M | 456.0M | 474.0M | 394.0M |
| Long Term Borrowings | 604.0M | 681.0M | 505.0M | 501.0M | 165.0M | 132.0M | 84.0M | 72.0M | 23.0M | 19.7M | -- | -- | 40.0M | 40.0M |
| Total Non Current Liabilities | 1.4B | 1.4B | 1.2B | 588.0M | 226.0M | 184.0M | 120.0M | 125.0M | 79.5M | 74.8M | 66.9M | 30.9M | 70.9M | 73.6M |
| Total Liabilities | 4.6B | 4.2B | 3.9B | 3.4B | 2.0B | 1.7B | 1.5B | 1.1B | 841.0M | 547.0M | 532.0M | 487.0M | 545.0M | 467.0M |
| Paid In Capital | 142.0M | 142.0M | 142.0M | 142.0M | 142.0M | 129.0M | 131.0M | 129.0M | 129.0M | 97.0M | 97.0M | 97.0M | 97.0M | 97.0M |
| Capital Reserve | 793.0M | 793.0M | 793.0M | 794.0M | 789.0M | 182.0M | 220.0M | 189.0M | 189.0M | 87.8M | 87.8M | 87.8M | 87.8M | 87.8M |
| Surplus Reserve | 67.6M | 66.4M | 65.4M | 57.5M | 42.7M | 37.1M | 32.8M | 29.6M | 25.2M | 19.3M | 16.2M | 11.9M | 7.2M | 4.3M |
| Retained Earnings | 402.0M | 500.0M | 633.0M | 676.0M | 492.0M | 395.0M | 316.0M | 270.0M | 200.0M | 145.0M | 122.0M | 123.0M | 107.0M | 60.5M |
| Minority Equity | 41.8M | 15.5M | 17.5M | 11.5M | 11.0M | 10.0M | 9.6M | 999,800 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.6B | 1.7B | 1.7B | 1.5B | 743.0M | 683.0M | 617.0M | 543.0M | 349.0M | 323.0M | 319.0M | 299.0M | 250.0M |
| Total Equity | 1.5B | 1.6B | 1.7B | 1.7B | 1.5B | 753.0M | 693.0M | 618.0M | 543.0M | 349.0M | 323.0M | 319.0M | 299.0M | 250.0M |
| 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 | 3.4B | 3.1B | 3.2B | 2.8B | 1.7B | 1.5B | 1.3B | 807.0M | 654.0M | 469.0M | 520.0M | 515.0M | 544.0M | 535.0M |
| Tax Refunds Received | 70.2M | 94.7M | 202.0M | 57.5M | 33.1M | 48.0M | 44.4M | 39.4M | 24.4M | 29.2M | 37.2M | 37.7M | 50.4M | 37.2M |
| Total Operating Cash Inflow | 3.5B | 3.3B | 3.5B | 3.0B | 1.8B | 1.6B | 1.4B | 860.0M | 725.0M | 570.0M | 597.0M | 633.0M | 651.0M | 645.0M |
| Cash Paid For Goods | 2.8B | 2.6B | 2.6B | 2.3B | 1.3B | 1.0B | 989.0M | 523.0M | 416.0M | 360.0M | 286.0M | 445.0M | 390.0M | 433.0M |
| Cash Paid To Employees | 399.0M | 365.0M | 341.0M | 289.0M | 225.0M | 211.0M | 200.0M | 145.0M | 110.0M | 82.0M | 76.1M | 64.9M | 52.2M | 46.3M |
| Taxes Paid | 64.8M | 57.8M | 61.9M | 49.5M | 34.3M | 36.4M | 31.7M | 35.5M | 29.1M | 17.3M | 19.0M | 22.0M | 16.2M | 15.6M |
| Total Operating Cash Outflow | 3.4B | 3.1B | 3.1B | 2.7B | 1.7B | 1.4B | 1.3B | 780.0M | 720.0M | 539.0M | 489.0M | 602.0M | 573.0M | 577.0M |
| Operating Cash Flow | 169.0M | 244.0M | 388.0M | 275.0M | 165.0M | 125.0M | 91.8M | 79.3M | 5.6M | 31.6M | 108.0M | 30.7M | 78.6M | 68.0M |
| Total Investing Cash Inflow | 2.3M | 5.1M | 2.8M | 615.0M | 603.0M | 31.2M | 204.0M | 271.0M | 1.1M | 348,900 | 2.9M | 2.2M | 3.2M | 1.3M |
| Total Investing Cash Outflow | 256.0M | 417.0M | 567.0M | 1.5B | 1.2B | 192.0M | 389.0M | 674.0M | 72.0M | 36.1M | 53.1M | 44.3M | 64.0M | 26.5M |
| Investing Cash Flow | -254.0M | -412.0M | -564.0M | -931.0M | -581.0M | -161.0M | -184.0M | -403.0M | -70.9M | -35.8M | -50.2M | -42.1M | -60.9M | -25.3M |
| Cash From Borrowings | 1.3B | 1.4B | 1.8B | 1.5B | 831.0M | 888.0M | 704.0M | 566.0M | 377.0M | 235.0M | 325.0M | 403.0M | 346.0M | 266.0M |
| Dividends And Interest Paid | 59.2M | 67.9M | 134.0M | 87.1M | 56.6M | 54.7M | 51.2M | 41.6M | 36.8M | 23.9M | 31.2M | 26.6M | 13.1M | 12.6M |
| Debt Repayments | 1.2B | 1.2B | 1.4B | 847.0M | 760.0M | 742.0M | 618.0M | 294.0M | 287.0M | 190.0M | 399.0M | 383.0M | 315.0M | 261.0M |
| Total Financing Cash Inflow | 1.3B | 1.4B | 1.9B | 1.6B | 1.5B | 888.0M | 730.0M | 568.0M | 559.0M | 239.0M | 365.0M | 403.0M | 346.0M | 282.0M |
| Total Financing Cash Outflow | 1.3B | 1.2B | 1.6B | 936.0M | 885.0M | 867.0M | 672.0M | 360.0M | 343.0M | 229.0M | 434.0M | 409.0M | 328.0M | 303.0M |
| Financing Cash Flow | 28.3M | 121.0M | 308.0M | 661.0M | 597.0M | 20.8M | 58.4M | 207.0M | 215.0M | 9.6M | -69.5M | -6.3M | 17.6M | -21.6M |
| Net Change In Cash | -51.1M | -44.0M | 135.0M | 3.4M | 177.0M | -15.2M | -32.8M | -118.0M | 155.0M | 8.5M | -10.7M | -21.3M | 34.8M | 19.8M |
| Ending Cash Balance | 273.0M | 324.0M | 368.0M | 233.0M | 230.0M | 52.8M | 68.0M | 98.4M | 217.0M | 61.9M | 53.4M | 64.1M | 85.5M | 50.6M |
| Capex | 248.0M | 396.0M | 555.0M | 1.1B | 402.0M | 171.0M | 214.0M | 324.0M | 72.0M | 36.1M | 53.1M | 44.3M | 64.0M | 26.5M |