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 | 3.4B | 3.5B | 3.1B | 2.7B | 2.0B |
| Revenue Growth % | -0.8% | 10.4% | 17.0% | 32.8% | -- |
| Total Revenue | 3.4B | 3.5B | 3.1B | 2.7B | 2.0B |
| Cost Of Revenue | 2.0B | 2.1B | 2.0B | 1.8B | 1.4B |
| Gross Profit | 1.4B | 1.4B | 1.2B | 921.0M | 653.0M |
| Gross Margin % | 40.7% | 39.8% | 37.9% | 34.2% | 32.2% |
| Total Operating Cost | 2.8B | 2.8B | 2.7B | 2.3B | 1.9B |
| Selling Expenses | 490.0M | 451.0M | 484.0M | 388.0M | 394.0M |
| Admin Expenses | 168.0M | 186.0M | 198.0M | 150.0M | 110.0M |
| Rd Expenses | 37.2M | 35.9M | 31.8M | 32.0M | 26.2M |
| Finance Expenses | -733,600 | -5.8M | -11.6M | -18.2M | -34.7M |
| Operating Income | 736.0M | 757.0M | 534.0M | 406.0M | 189.0M |
| Operating Margin % | 21.3% | 21.8% | 17.0% | 15.1% | 9.3% |
| Non Operating Income | 3.6M | 4.3M | 3.0M | 1.6M | 29.5M |
| Non Operating Expenses | 4.5M | 4.0M | 2.0M | 3.6M | 2.4M |
| Investment Income | 81.3M | 76.5M | 70.0M | 54.3M | 37.7M |
| Asset Disposal Income | 502,000 | -129,500 | -2.1M | -97,800 | -364,100 |
| Asset Impairment Loss | 30.7M | 386,400 | 553,000 | 781,300 | 792,600 |
| Other Income | 7.6M | 7.2M | 6.7M | 6.4M | 12.3M |
| Income Before Tax | 735.0M | 758.0M | 536.0M | 404.0M | 216.0M |
| Income Tax | 132.0M | 113.0M | 70.0M | 63.2M | 31.7M |
| Net Income | 603.0M | 645.0M | 466.0M | 341.0M | 184.0M |
| Net Margin % | 17.5% | 18.6% | 14.8% | 12.7% | 9.1% |
| Net Income Attributable | 570.0M | 625.0M | 457.0M | 342.0M | 185.0M |
| Minority Interest | 33.1M | 20.1M | 8.8M | -1.1M | -213,500 |
| Eps Basic | 0.54 | 0.59 | 0.43 | 0.32 | 0.25 |
| Eps Diluted | 0.54 | 0.59 | 0.43 | 0.32 | 0.24 |
| 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 | 354.0M | 234.0M | 467.0M | 450.0M | 1.3B |
| Trading Financial Assets | 2.7B | 2.6B | 2.6B | 2.5B | 1.6B |
| Accounts Receivable | 104.0M | 117.0M | 19.6M | 17.1M | 13.6M |
| Notes And Accounts Receivable | 104.0M | 117.0M | 19.6M | 17.1M | 13.6M |
| Prepayments | 28.9M | 13.0M | 12.9M | 23.7M | 7.6M |
| Inventory | 212.0M | 116.0M | 159.0M | 147.0M | 108.0M |
| Total Current Assets | 3.8B | 3.6B | 3.4B | 3.2B | 3.1B |
| Long Term Equity Investment | 60.8M | 307.0M | 311.0M | 398.0M | 182.0M |
| Fixed Assets | 1.2B | 1.1B | 1.0B | 727.0M | 443.0M |
| Fixed Assets Total | 1.2B | 1.1B | 1.0B | 727.0M | 443.0M |
| Construction In Progress | 462,000 | 7.6M | 29.4M | 288.0M | 268.0M |
| Construction In Progress Total | 462,000 | 7.6M | 29.4M | 288.0M | 268.0M |
| Intangible Assets | 106.0M | 68.3M | 49.7M | 45.8M | 45.0M |
| Long Term Deferred Expenses | 2.2M | 1.4M | 719,700 | -- | -- |
| Total Non Current Assets | 1.9B | 2.1B | 1.9B | 1.7B | 1.1B |
| Total Assets | 5.7B | 5.7B | 5.3B | 4.8B | 4.2B |
| Short Term Borrowings | -- | 5.0M | -- | -- | -- |
| Accounts Payable | 550.0M | 640.0M | 551.0M | 390.0M | 242.0M |
| Advance Receipts | 19.2M | 19.2M | 58.0M | -- | -- |
| Contract Liabilities | 71.0M | 50.0M | 67.8M | 160.0M | 74.0M |
| Total Current Liabilities | 939.0M | 962.0M | 866.0M | 784.0M | 409.0M |
| Total Non Current Liabilities | 17.8M | 15.9M | 5.7M | 12.9M | 17.7M |
| Total Liabilities | 956.0M | 978.0M | 872.0M | 797.0M | 426.0M |
| Paid In Capital | 1.1B | 1.1B | 1.1B | 763.0M | 754.0M |
| Capital Reserve | 1.6B | 1.6B | 1.7B | 2.0B | 1.8B |
| Surplus Reserve | 410.0M | 355.0M | 296.0M | 253.0M | 210.0M |
| Retained Earnings | 1.5B | 1.6B | 1.4B | 1.3B | 1.0B |
| Minority Equity | 228.0M | 112.0M | 74.5M | 4.7M | -213,500 |
| Equity Attributable | 4.5B | 4.6B | 4.3B | 4.0B | 3.8B |
| Total Equity | 4.8B | 4.7B | 4.4B | 4.0B | 3.8B |
| 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 | 3.9B | 3.8B | 3.3B | 3.1B | 2.3B |
| Tax Refunds Received | -- | -- | -- | 1.7M | 307,800 |
| Total Operating Cash Inflow | 3.9B | 3.8B | 3.4B | 3.1B | 2.3B |
| Cash Paid For Goods | 2.2B | 1.9B | 1.8B | 1.8B | 1.5B |
| Cash Paid To Employees | 505.0M | 461.0M | 423.0M | 348.0M | 274.0M |
| Taxes Paid | 360.0M | 322.0M | 272.0M | 177.0M | 145.0M |
| Total Operating Cash Outflow | 3.3B | 3.0B | 2.8B | 2.6B | 2.1B |
| Operating Cash Flow | 588.0M | 820.0M | 603.0M | 546.0M | 240.0M |
| Total Investing Cash Inflow | 15.8B | 9.1B | 10.4B | 6.0B | 4.8B |
| Total Investing Cash Outflow | 15.6B | 9.7B | 10.7B | 7.1B | 6.6B |
| Investing Cash Flow | 210.0M | -622.0M | -336.0M | -1.1B | -1.7B |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 596.0M | 423.0M | 242.0M | 37.7M | 158.0M |
| Debt Repayments | 35.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 40,000 | 34.1M | 8.3M | 105.0M | -- |
| Total Financing Cash Outflow | 677.0M | 469.0M | 253.0M | 161.0M | 209.0M |
| Financing Cash Flow | -677.0M | -435.0M | -245.0M | -55.7M | -209.0M |
| Net Change In Cash | 120.0M | -236.0M | 22.1M | -595.0M | -1.7B |
| Ending Cash Balance | 348.0M | 228.0M | 464.0M | 442.0M | 1.0B |
| Capex | 109.0M | 153.0M | 99.1M | 223.0M | 317.0M |