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 | 5.2B | 4.4B | 3.3B | 2.6B | 1.5B | 1.2B | 888.0M | 694.0M | 479.0M | 333.0M | 334.0M | 307.0M | 274.0M | 220.0M |
| Revenue Growth % | 16.4% | 35.6% | 25.7% | 71.1% | 32.1% | 30.0% | 28.0% | 44.9% | 43.8% | -0.3% | 8.8% | 12.0% | 24.5% | -- |
| Total Revenue | 5.2B | 4.4B | 3.3B | 2.6B | 1.5B | 1.2B | 888.0M | 694.0M | 479.0M | 333.0M | 334.0M | 307.0M | 274.0M | 220.0M |
| Cost Of Revenue | 2.9B | 2.4B | 1.6B | 1.3B | 702.0M | 330.0M | 265.0M | 237.0M | 181.0M | 120.0M | 109.0M | 87.5M | 70.3M | 47.8M |
| Gross Profit | 2.2B | 2.1B | 1.6B | 1.3B | 822.0M | 824.0M | 623.0M | 457.0M | 298.0M | 213.0M | 225.0M | 219.5M | 203.7M | 172.2M |
| Gross Margin % | 43.2% | 46.5% | 50.3% | 51.6% | 53.9% | 71.4% | 70.2% | 65.9% | 62.2% | 64.0% | 67.4% | 71.5% | 74.4% | 78.3% |
| Total Operating Cost | 4.5B | 3.7B | 2.6B | 2.0B | 1.1B | 703.0M | 702.0M | 491.0M | 338.0M | 262.0M | 243.0M | 225.0M | 195.0M | 145.0M |
| Selling Expenses | 553.0M | 398.0M | 287.0M | 220.0M | 133.0M | 132.0M | 78.7M | 74.2M | 56.9M | 48.9M | 53.5M | 52.3M | 42.3M | 34.1M |
| Admin Expenses | 172.0M | 179.0M | 178.0M | 142.0M | 95.2M | 71.7M | 39.5M | 28.9M | 34.6M | 34.3M | 29.7M | 27.3M | 24.4M | 22.3M |
| Rd Expenses | 89.5M | 83.3M | 72.2M | 57.3M | 43.7M | 29.3M | 17.4M | 15.5M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 623.0M | 488.0M | 313.0M | 190.0M | 150.0M | 88.7M | 58.1M | 55.9M | 34.3M | 30.2M | 35.0M | 33.2M | 28.1M | 19.2M |
| Operating Income | 716.0M | 981.0M | 762.0M | 700.0M | 482.0M | 474.0M | 222.0M | 224.0M | 149.0M | 71.8M | 90.1M | 81.1M | 78.8M | 75.5M |
| Operating Margin % | 13.8% | 22.1% | 23.2% | 26.9% | 31.6% | 41.1% | 25.0% | 32.3% | 31.1% | 21.6% | 27.0% | 26.4% | 28.7% | 34.3% |
| Non Operating Income | 7.2M | 5.6M | 3.1M | 3.6M | 1.4M | 1.7M | 1.1M | 1.7M | 6.7M | 13.6M | 14.9M | 12.9M | 8.0M | 3.1M |
| Non Operating Expenses | 12.8M | 9.8M | 5.6M | 4.7M | 2.4M | 3.9M | 3.4M | 2.2M | 354,700 | 655,900 | 2.2M | 1.8M | 359,600 | 1.8M |
| Investment Income | 17.1M | -1.3M | 13.4M | 18.4M | 3.2M | -2.3M | 2.5M | 4.2M | 4.6M | 1.4M | -- | -- | -- | -- |
| Fair Value Change Income | -4,700 | 156.0M | 17.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 579,500 | 1.3M | 9.0M | 390,500 | 8.9M | 11.2M | 3.8M | 1.9M | 3.3M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 16.8M | 21.2M | 18.3M | -- | -- | -- | 238.0M | 75.2M | 26.6M | 24.9M | 10.6M | 14.3M | 14.4M | 8.9M |
| Other Income | 48.5M | 34.4M | 36.2M | 31.7M | 31.4M | 13.8M | 29.7M | 14.9M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 710.0M | 976.0M | 759.0M | 699.0M | 481.0M | 472.0M | 219.0M | 223.0M | 155.0M | 84.7M | 103.0M | 92.2M | 86.4M | 76.9M |
| Income Tax | 82.2M | 136.0M | 77.1M | 99.4M | 82.3M | 75.0M | 86.8M | 64.8M | 36.2M | 14.7M | 17.4M | 16.5M | 15.1M | 13.1M |
| Net Income | 628.0M | 840.0M | 682.0M | 599.0M | 399.0M | 397.0M | 133.0M | 158.0M | 119.0M | 70.0M | 85.4M | 75.7M | 71.3M | 63.8M |
| Net Margin % | 12.1% | 18.9% | 20.8% | 23.0% | 26.2% | 34.4% | 15.0% | 22.8% | 24.8% | 21.0% | 25.6% | 24.7% | 26.0% | 29.0% |
| Net Income Attributable | 605.0M | 801.0M | 640.0M | 498.0M | 323.0M | 276.0M | -28.8M | 32.2M | 54.3M | 70.0M | 85.4M | 75.7M | 71.3M | 62.1M |
| Minority Interest | 23.4M | 39.4M | 42.3M | 101.0M | 76.0M | 121.0M | 161.0M | 126.0M | 64.5M | -- | -- | -- | -- | 1.7M |
| Eps Basic | 0.31 | 0.42 | 0.36 | 0.40 | 0.45 | 0.43 | -0.05 | 0.08 | 0.13 | 0.19 | 0.56 | 0.50 | 0.47 | 0.45 |
| Eps Diluted | 0.31 | 0.41 | 0.35 | 0.39 | 0.43 | 0.41 | -0.05 | 0.08 | 0.13 | 0.19 | 0.56 | 0.50 | 0.47 | 0.45 |
| 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 | 180.0M | 85.4M | 136.0M | 138.0M | 147.0M | 89.6M | 88.1M | 271.0M | 699.0M | 309.0M | 28.7M | 28.5M | 14.2M | 49.7M |
| Trading Financial Assets | -- | 156.0M | 17.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 4.2B | 3.5B | 2.8B | 2.1B | 1.4B | 943.0M | 576.0M | 412.0M | 365.0M | 304.0M | 265.0M | 245.0M | 231.0M | 150.0M |
| Notes Receivable | 75.5M | 62.5M | 47.9M | 59.9M | 41.4M | 14.0M | 24.2M | 16.6M | 18.1M | 14.5M | 13.9M | 11.8M | 4.2M | 6.3M |
| Notes And Accounts Receivable | 4.2B | 3.6B | 2.8B | 2.2B | 1.5B | 957.0M | 600.0M | 429.0M | 383.0M | 318.0M | 279.0M | 257.0M | 236.0M | 157.0M |
| Prepayments | 38.7M | 25.7M | 21.2M | 20.7M | 17.2M | 11.6M | 5.4M | 3.2M | 1.9M | 2.7M | 3.0M | 1.7M | 2.0M | 1.7M |
| Inventory | 23.9M | 22.4M | 23.2M | 37.2M | 18.2M | 8.4M | 5.3M | 2.7M | 2.7M | 1.6M | 1.2M | 4.5M | 850,700 | 1.1M |
| Total Current Assets | 5.7B | 4.2B | 3.3B | 2.6B | 2.0B | 1.2B | 2.0B | 2.5B | 2.2B | 778.0M | 352.0M | 313.0M | 256.0M | 214.0M |
| Long Term Equity Investment | 208.0M | 831.0M | 890.0M | 876.0M | 691.0M | 703.0M | 56.2M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 3.8B | 3.0B | 2.8B | 4.3B | 2.8B | 1.3B | 902.0M | 876.0M | 809.0M | 760.0M | 720.0M | 680.0M | 512.0M |
| Fixed Assets Total | 5.0B | 3.8B | 3.0B | 2.8B | 4.3B | 2.8B | 1.3B | 902.0M | 876.0M | 809.0M | 760.0M | 720.0M | 680.0M | 512.0M |
| Construction In Progress | -- | -- | -- | 24.7M | 10.4M | 184,400 | 9.0M | 60.8M | 56.3M | 30.6M | 1.6M | -- | -- | -- |
| Construction In Progress Total | 315.0M | 6.6M | 10.6M | 36.5M | 24.6M | 4.7M | 9.0M | 60.8M | 56.3M | 30.6M | 1.6M | -- | -- | -- |
| Intangible Assets | 24.9M | 16.6M | 8.2M | 8.7M | 10.4M | 11.7M | 4.8M | 4.8M | 4.9M | 5.1M | 5.1M | 5.3M | 60,000 | 78,000 |
| Long Term Deferred Expenses | 8.7M | 7.5M | 12.7M | 20.4M | 30.3M | 7.2M | 6.1M | 1.4M | 1.9M | 1.4M | 2.0M | 2.9M | 3.8M | 2.5M |
| Total Non Current Assets | 17.6B | 15.0B | 11.0B | 8.0B | 5.4B | 4.0B | 4.0B | 3.1B | 2.3B | 903.0M | 777.0M | 747.0M | 693.0M | 519.0M |
| Total Assets | 23.3B | 19.2B | 14.4B | 10.6B | 7.4B | 5.2B | 6.1B | 5.7B | 4.5B | 1.7B | 1.1B | 1.1B | 949.0M | 733.0M |
| Short Term Borrowings | 1.1B | 919.0M | 919.0M | 912.0M | 1.1B | 1.0B | 1.0B | 924.0M | 485.0M | 185.0M | 150.0M | 123.0M | 219.0M | 85.4M |
| Accounts Payable | 1.1B | 1.1B | 1.0B | 877.0M | 353.0M | 394.0M | 110.0M | 86.9M | 80.9M | 75.2M | 39.9M | 43.6M | 17.9M | 16.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 22.4M | 28.1M | 1.0M | 354,300 | 687,000 | 621,900 | 1.4M | 1.3M | 501,000 |
| Contract Liabilities | 39.5M | 59.6M | 61.3M | 70.6M | 35.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 7.0B | 5.5B | 4.4B | 3.3B | 2.5B | 2.3B | 1.9B | 1.6B | 764.0M | 487.0M | 225.0M | 261.0M | 337.0M | 207.0M |
| Long Term Borrowings | 1.2B | 789.0M | 365.0M | 271.0M | -- | 100.0M | 60.0M | 111.0M | 163.0M | 120.0M | 56.0M | 9.5M | 97.0M | 76.8M |
| Total Non Current Liabilities | 10.0B | 8.0B | 5.2B | 3.2B | 1.2B | 807.0M | 139.0M | 547.0M | 361.0M | 119.0M | 280.0M | 262.0M | 112.0M | 96.5M |
| Total Liabilities | 17.0B | 13.6B | 9.7B | 6.5B | 3.7B | 3.1B | 2.1B | 2.2B | 1.1B | 606.0M | 505.0M | 522.0M | 449.0M | 304.0M |
| Paid In Capital | 2.0B | 2.0B | 1.4B | 903.0M | 903.0M | 680.0M | 485.0M | 405.0M | 405.0M | 203.0M | 152.0M | 152.0M | 152.0M | 152.0M |
| Capital Reserve | 869.0M | 828.0M | 1.3B | 1.4B | 1.7B | 662.0M | 818.0M | 346.0M | 346.0M | 549.0M | 218.0M | 218.0M | 218.0M | 218.0M |
| Surplus Reserve | 106.0M | 106.0M | 93.5M | 80.5M | 66.8M | 50.0M | 31.6M | 31.6M | 30.4M | 28.0M | 22.5M | 15.1M | 9.5M | 4.1M |
| Retained Earnings | 3.2B | 2.7B | 1.9B | 1.4B | 889.0M | 583.0M | 328.0M | 356.0M | 340.0M | 296.0M | 231.0M | 153.0M | 121.0M | 55.4M |
| Minority Equity | 161.0M | 134.0M | 104.0M | 375.0M | 390.0M | 282.0M | 2.5B | 2.4B | 2.2B | -- | -- | -- | -- | -- |
| Equity Attributable | 6.1B | 5.5B | 4.6B | 3.7B | 3.3B | 1.8B | 1.5B | 1.1B | 1.1B | 1.1B | 623.0M | 538.0M | 500.0M | 429.0M |
| Total Equity | 6.3B | 5.7B | 4.7B | 4.1B | 3.7B | 2.0B | 4.0B | 3.5B | 3.3B | 1.1B | 623.0M | 538.0M | 500.0M | 429.0M |
| 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 | 4.5B | 3.8B | 2.7B | 2.0B | 1.2B | 710.0M | 417.0M | 358.0M | 259.0M | 255.0M | 259.0M | 241.0M | 147.0M | 123.0M |
| Tax Refunds Received | -- | -- | 59.8M | -- | -- | -- | -- | -- | -- | 190,200 | 158,000 | 113,200 | 149,500 | 67,300 |
| Total Operating Cash Inflow | 4.7B | 3.9B | 3.0B | 2.1B | 1.3B | 1.0B | 860.0M | 660.0M | 664.0M | 271.0M | 275.0M | 260.0M | 168.0M | 137.0M |
| Cash Paid For Goods | 662.0M | 719.0M | 567.0M | 440.0M | 374.0M | 175.0M | 109.0M | 97.0M | 85.2M | 79.5M | 40.2M | 17.9M | 15.7M | 15.1M |
| Cash Paid To Employees | 748.0M | 593.0M | 419.0M | 259.0M | 130.0M | 55.4M | 24.3M | 23.8M | 21.7M | 18.1M | 22.0M | 21.2M | 17.9M | 9.9M |
| Taxes Paid | 204.0M | 204.0M | 237.0M | 108.0M | 62.8M | 124.0M | 94.5M | 98.5M | 48.7M | 27.0M | 30.4M | 34.7M | 34.6M | 24.5M |
| Total Operating Cash Outflow | 1.9B | 2.0B | 1.6B | 988.0M | 721.0M | 192.0M | 481.0M | 1.8B | 2.5B | 198.0M | 157.0M | 125.0M | 116.0M | 101.0M |
| Operating Cash Flow | 2.8B | 1.9B | 1.4B | 1.1B | 538.0M | 813.0M | 379.0M | -1.1B | -1.8B | 73.4M | 119.0M | 135.0M | 52.2M | 36.4M |
| Total Investing Cash Inflow | 172.0M | 42.8M | 17.1M | 221.0M | 67.7M | 67.1M | 44.3M | 75.4M | 420.0M | 491.0M | 18.1M | 5.7M | 7.5M | 1.3M |
| Total Investing Cash Outflow | 2.2B | 594.0M | 718.0M | 824.0M | 1.6B | 673.0M | 713.0M | 392.0M | 565.0M | 709.0M | 89.3M | 108.0M | 208.0M | 198.0M |
| Investing Cash Flow | -2.0B | -551.0M | -701.0M | -603.0M | -1.6B | -606.0M | -669.0M | -317.0M | -145.0M | -218.0M | -71.2M | -103.0M | -200.0M | -197.0M |
| Cash From Borrowings | 2.4B | 2.0B | 1.6B | 1.5B | 1.5B | 1.4B | 1.3B | 2.0B | 761.0M | 325.0M | 272.0M | 168.0M | 355.0M | 213.0M |
| Dividends And Interest Paid | 141.0M | 96.8M | 193.0M | 80.8M | 77.0M | 74.1M | 86.6M | 61.1M | 50.0M | 23.8M | 28.3M | 48.5M | 34.5M | 17.3M |
| Debt Repayments | 1.7B | 1.5B | 1.6B | 1.4B | 1.6B | 1.4B | 1.7B | 963.0M | 519.0M | 182.0M | 251.0M | 358.0M | 206.0M | 222.0M |
| Total Financing Cash Inflow | 5.6B | 2.8B | 3.3B | 1.9B | 3.3B | 1.6B | 1.9B | 2.0B | 2.9B | 712.0M | 272.0M | 417.0M | 355.0M | 454.0M |
| Total Financing Cash Outflow | 6.3B | 4.3B | 4.0B | 2.4B | 2.2B | 1.8B | 1.8B | 1.0B | 570.0M | 287.0M | 319.0M | 430.0M | 248.0M | 258.0M |
| Financing Cash Flow | -727.0M | -1.4B | -698.0M | -498.0M | 1.1B | -219.0M | 102.0M | 1.0B | 2.4B | 425.0M | -47.4M | -12.9M | 107.0M | 196.0M |
| Net Change In Cash | 90.9M | -51.6M | 5.3M | 4.0M | 50.4M | -12.6M | -187.0M | -429.0M | 389.0M | 280.0M | 164,600 | 19.3M | -40.5M | 35.4M |
| Ending Cash Balance | 168.0M | 76.6M | 128.0M | 123.0M | 119.0M | 68.6M | 81.2M | 268.0M | 698.0M | 309.0M | 28.7M | 28.5M | 9.2M | 49.7M |
| Capex | 2.2B | 560.0M | 716.0M | 775.0M | 1.5B | 418.0M | 655.0M | 210.0M | 215.0M | 129.0M | 89.3M | 108.0M | 208.0M | 157.0M |