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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.2B | 5.1B | 5.2B | 4.1B | 2.6B | 1.5B | 1.6B | 1.6B | 1.2B | 1.2B | 976.0M | 952.0M | 775.0M |
| Revenue Growth % | 22.5% | -2.5% | 27.2% | 58.0% | 69.2% | -5.1% | 4.0% | 27.9% | 4.3% | 19.6% | 2.5% | 22.8% | -- |
| Total Revenue | 6.2B | 5.1B | 5.2B | 4.1B | 2.6B | 1.5B | 1.6B | 1.6B | 1.2B | 1.2B | 976.0M | 952.0M | 775.0M |
| Cost Of Revenue | 5.5B | 4.4B | 4.3B | 3.4B | 2.0B | 1.2B | 1.2B | 1.1B | 854.0M | 795.0M | 729.0M | 723.0M | 620.0M |
| Gross Profit | 791.0M | 728.0M | 966.0M | 761.0M | 614.0M | 368.0M | 446.0M | 415.0M | 363.0M | 372.0M | 247.0M | 229.0M | 155.0M |
| Gross Margin % | 12.7% | 14.3% | 18.5% | 18.5% | 23.6% | 23.9% | 27.5% | 26.7% | 29.8% | 31.9% | 25.3% | 24.1% | 20.0% |
| Total Operating Cost | 6.1B | 5.0B | 4.9B | 4.0B | 2.5B | 1.5B | 1.5B | 1.4B | 1.1B | 992.0M | 894.0M | 863.0M | 744.0M |
| Selling Expenses | 32.4M | 33.9M | 74.8M | 52.3M | 39.0M | 67.7M | 61.9M | 69.1M | 56.1M | 53.6M | 45.1M | 39.7M | 29.2M |
| Admin Expenses | 285.0M | 309.0M | 281.0M | 286.0M | 242.0M | 89.4M | 83.5M | 55.8M | 103.0M | 97.7M | 75.5M | 71.7M | 69.0M |
| Rd Expenses | 143.0M | 145.0M | 160.0M | 120.0M | 83.5M | 62.5M | 71.6M | 65.0M | -- | -- | -- | -- | -- |
| Finance Expenses | 101.0M | 87.5M | 70.1M | 81.3M | 69.0M | 37.4M | 39.1M | 20.5M | 19.0M | 25.3M | 31.3M | 20.8M | 19.5M |
| Operating Income | 151.0M | 94.5M | 314.0M | 113.0M | 133.0M | 77.4M | 141.0M | 180.0M | 167.0M | 176.0M | 89.2M | 88.4M | 30.8M |
| Operating Margin % | 2.4% | 1.9% | 6.0% | 2.7% | 5.1% | 5.0% | 8.7% | 11.6% | 13.7% | 15.1% | 9.1% | 9.3% | 4.0% |
| Non Operating Income | 2.5M | 882,800 | 976,500 | 1.2M | 444,400 | 521,300 | 227,200 | 136,300 | 19.2M | 3.9M | 4.7M | 1.1M | 4.7M |
| Non Operating Expenses | 6.7M | 15.0M | 51.4M | 8.6M | 12.4M | 956,600 | 1.0M | 2.8M | 925,300 | 945,000 | 574,500 | 661,700 | 598,300 |
| Investment Income | -5.3M | -1.2M | -- | -- | 6.7M | 4.1M | -- | -- | 364,300 | 1.6M | 6.4M | 81,400 | -- |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -1.2M | 1.2M | -- | -- |
| Asset Disposal Income | -535,400 | -784,900 | -1.0M | -3.3M | -2.9M | -99,200 | 438,600 | -5,500 | 50,200 | 949,000 | -- | -- | -- |
| Asset Impairment Loss | 82.7M | 63.3M | 56.9M | 86.4M | 45.4M | 29.2M | 39.4M | 23.0M | 10.7M | 12.0M | 5.8M | 3.5M | 4.3M |
| Other Income | 47.9M | 38.4M | 24.5M | 26.1M | 15.8M | 10.0M | 8.0M | 14.7M | -- | -- | -- | -- | -- |
| Income Before Tax | 146.0M | 80.3M | 264.0M | 106.0M | 121.0M | 76.9M | 141.0M | 177.0M | 185.0M | 179.0M | 93.3M | 88.9M | 34.9M |
| Income Tax | 31.3M | 29.9M | 26.2M | 8.7M | 30.8M | 5.9M | 15.3M | 21.9M | 30.2M | 28.6M | 14.4M | 13.6M | 5.3M |
| Net Income | 115.0M | 50.4M | 238.0M | 97.2M | 89.9M | 71.0M | 125.0M | 155.0M | 155.0M | 151.0M | 78.8M | 75.4M | 29.6M |
| Net Margin % | 1.8% | 1.0% | 4.6% | 2.4% | 3.5% | 4.6% | 7.7% | 10.0% | 12.7% | 12.9% | 8.1% | 7.9% | 3.8% |
| Net Income Attributable | 115.0M | 50.4M | 238.0M | 97.2M | 83.8M | 71.0M | 125.0M | 155.0M | 155.0M | 151.0M | 78.8M | 67.8M | 30.7M |
| Minority Interest | -- | -- | -- | -- | 6.1M | -- | -- | -- | -- | -- | -- | 7.6M | -1.1M |
| Eps Basic | 0.41 | 0.19 | 0.92 | 0.38 | 0.36 | 0.32 | 0.62 | 0.94 | 0.94 | 0.96 | 0.55 | 0.50 | 0.22 |
| Eps Diluted | 0.41 | 0.19 | 0.90 | 0.38 | 0.36 | 0.32 | 0.62 | 0.94 | 0.94 | 0.96 | 0.55 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 653.0M | 474.0M | 459.0M | 589.0M | 720.0M | 753.0M | 274.0M | 163.0M | 88.1M | 107.0M | 68.4M | 46.0M | 15.7M |
| Trading Financial Assets | 100.0M | 3.5M | 6.0M | -- | -- | 400.0M | -- | -- | -- | -- | 1.2M | -- | -- |
| Accounts Receivable | 1.2B | 1.1B | 1.3B | 1.0B | 787.0M | 360.0M | 350.0M | 361.0M | 311.0M | 293.0M | 288.0M | 287.0M | 226.0M |
| Notes Receivable | 95.9M | 39.2M | 20.9M | 7.8M | -- | -- | -- | 5.4M | -- | 6.8M | 15.8M | 4.2M | 7.0M |
| Notes And Accounts Receivable | 1.3B | 1.1B | 1.3B | 1.0B | 787.0M | 360.0M | 350.0M | 366.0M | 311.0M | 300.0M | 304.0M | 291.0M | 233.0M |
| Prepayments | 18.2M | 24.6M | 27.5M | 16.5M | 9.2M | 5.6M | 4.7M | 5.8M | 3.9M | 3.5M | 4.1M | 4.4M | 3.5M |
| Inventory | 711.0M | 681.0M | 723.0M | 514.0M | 409.0M | 204.0M | 179.0M | 162.0M | 147.0M | 90.5M | 87.5M | 68.7M | 77.7M |
| Total Current Assets | 3.1B | 2.6B | 2.8B | 2.3B | 2.1B | 1.9B | 954.0M | 805.0M | 615.0M | 506.0M | 481.0M | 413.0M | 353.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.5M | -- |
| Fixed Assets | -- | 2.8B | 2.6B | 2.0B | 2.2B | 1.4B | 1.3B | 1.1B | 885.0M | 558.0M | 561.0M | 586.0M | 493.0M |
| Fixed Assets Total | 3.2B | 2.8B | 2.6B | 2.0B | 2.2B | 1.4B | 1.3B | 1.1B | 885.0M | 558.0M | 561.0M | 586.0M | 493.0M |
| Construction In Progress | -- | 1.1B | 811.0M | 648.0M | 477.0M | 403.0M | 332.0M | 267.0M | 299.0M | 71.2M | 28.5M | 21.6M | 112.0M |
| Construction In Progress Total | 1.1B | 1.1B | 811.0M | 648.0M | 477.0M | 403.0M | 332.0M | 267.0M | 299.0M | 71.2M | 28.5M | 21.6M | 112.0M |
| Intangible Assets | 466.0M | 453.0M | 395.0M | 316.0M | 359.0M | 98.9M | 101.0M | 71.1M | 71.5M | 40.5M | 38.8M | 39.8M | 40.3M |
| Long Term Deferred Expenses | 171.0M | 173.0M | 172.0M | 99.8M | 99.9M | 92.2M | 97.8M | 67.9M | 48.2M | 21.4M | 10.5M | 16.0M | 8.3M |
| Total Non Current Assets | 5.5B | 5.2B | 4.6B | 3.6B | 3.5B | 2.0B | 1.9B | 1.5B | 1.3B | 767.0M | 643.0M | 683.0M | 659.0M |
| Total Assets | 8.7B | 7.7B | 7.4B | 5.9B | 5.6B | 3.9B | 2.9B | 2.3B | 1.9B | 1.3B | 1.1B | 1.1B | 1.0B |
| Short Term Borrowings | 866.0M | 821.0M | 931.0M | 489.0M | 512.0M | 377.0M | 9.4M | 272.0M | 283.0M | 25.0M | 298.0M | 254.0M | 283.0M |
| Accounts Payable | 1.7B | 1.4B | 1.5B | 882.0M | 600.0M | 277.0M | 335.0M | 401.0M | 406.0M | 205.0M | 218.0M | 277.0M | 298.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 22.8M | 23.7M | 34.5M | 25.3M | 5.8M | 24.2M | 5.6M | 1.3M |
| Contract Liabilities | 71.4M | 126.0M | 96.7M | 54.1M | 48.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.4B | 3.2B | 3.2B | 1.9B | 1.8B | 806.0M | 496.0M | 788.0M | 783.0M | 302.0M | 670.0M | 563.0M | 593.0M |
| Long Term Borrowings | 789.0M | 977.0M | 788.0M | 991.0M | 906.0M | 245.0M | 343.0M | 419.0M | 144.0M | 94.0M | 24.7M | 141.0M | 103.0M |
| Total Non Current Liabilities | 1.0B | 1.3B | 1.1B | 1.3B | 1.3B | 857.0M | 345.0M | 423.0M | 145.0M | 97.2M | 25.0M | 141.0M | 103.0M |
| Total Liabilities | 4.4B | 4.5B | 4.3B | 3.2B | 3.0B | 1.7B | 841.0M | 1.2B | 929.0M | 399.0M | 695.0M | 704.0M | 696.0M |
| Paid In Capital | 314.0M | 264.0M | 264.0M | 262.0M | 259.0M | 221.0M | 220.0M | 165.0M | 165.0M | 165.0M | 150.0M | 53.0M | 53.0M |
| Capital Reserve | 3.0B | 1.9B | 1.9B | 1.8B | 1.7B | 1.2B | 1.2B | 476.0M | 476.0M | 476.0M | 197.0M | -- | -- |
| Surplus Reserve | 86.2M | 85.3M | 74.8M | 31.1M | 27.7M | 27.7M | 24.3M | 19.4M | 13.4M | 6.9M | 2.3M | 33.5M | 30.5M |
| Retained Earnings | 913.0M | 845.0M | 845.0M | 690.0M | 636.0M | 587.0M | 586.0M | 465.0M | 349.0M | 225.0M | 79.6M | 248.0M | 184.0M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 56.6M | 49.0M |
| Equity Attributable | 4.2B | 3.2B | 3.0B | 2.7B | 2.6B | 2.3B | 2.0B | 1.1B | 1.0B | 874.0M | 429.0M | 335.0M | 267.0M |
| Total Equity | 4.2B | 3.2B | 3.0B | 2.7B | 2.6B | 2.3B | 2.0B | 1.1B | 1.0B | 874.0M | 429.0M | 392.0M | 316.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.9B | 5.2B | 4.8B | 3.7B | 2.6B | 1.3B | 1.4B | 1.4B | 1.2B | 1.2B | 1.1B | 959.0M | 719.0M |
| Tax Refunds Received | 26.4M | 46.0M | 125.0M | 28.8M | 28.3M | 28.8M | 54.2M | 33.0M | 63.0M | 30.4M | 22.8M | 52.7M | 57.5M |
| Total Operating Cash Inflow | 5.0B | 5.3B | 5.0B | 3.8B | 2.6B | 1.4B | 1.5B | 1.4B | 1.3B | 1.2B | 1.1B | 1.0B | 795.0M |
| Cash Paid For Goods | 3.3B | 3.3B | 3.2B | 2.3B | 1.2B | 763.0M | 855.0M | 782.0M | 616.0M | 673.0M | 653.0M | 660.0M | 507.0M |
| Cash Paid To Employees | 1.0B | 902.0M | 809.0M | 744.0M | 419.0M | 268.0M | 270.0M | 243.0M | 205.0M | 180.0M | 160.0M | 128.0M | 110.0M |
| Taxes Paid | 145.0M | 178.0M | 201.0M | 156.0M | 88.7M | 63.6M | 82.0M | 79.9M | 46.4M | 55.6M | 28.9M | 22.0M | 18.5M |
| Total Operating Cash Outflow | 4.6B | 4.5B | 4.4B | 3.4B | 1.9B | 1.2B | 1.3B | 1.2B | 956.0M | 999.0M | 943.0M | 889.0M | 702.0M |
| Operating Cash Flow | 379.0M | 779.0M | 580.0M | 415.0M | 783.0M | 235.0M | 183.0M | 228.0M | 322.0M | 197.0M | 138.0M | 124.0M | 93.1M |
| Total Investing Cash Inflow | 62.5M | 2.0M | 2.3M | 10.2M | 1.8B | 789.0M | 14.0M | 119,100 | 4.1M | 10.4M | 19.9M | 303,900 | 29.5M |
| Total Investing Cash Outflow | 872.0M | 905.0M | 975.0M | 494.0M | 2.6B | 1.6B | 545.0M | 367.0M | 598.0M | 201.0M | 111.0M | 94.7M | 230.0M |
| Investing Cash Flow | -809.0M | -903.0M | -973.0M | -484.0M | -797.0M | -787.0M | -531.0M | -367.0M | -594.0M | -190.0M | -91.2M | -94.4M | -200.0M |
| Cash From Borrowings | 1.0B | 1.9B | 1.2B | 1.2B | 1.3B | 1.2B | 164.0M | 678.0M | 403.0M | 354.0M | 569.0M | 585.0M | 496.0M |
| Dividends And Interest Paid | 156.0M | 137.0M | 115.0M | 109.0M | 88.1M | 93.8M | 31.3M | 60.2M | 34.6M | 18.7M | 21.2M | 18.2M | 18.3M |
| Debt Repayments | 1.3B | 1.7B | 861.0M | 1.1B | 537.0M | 145.0M | 463.0M | 400.0M | 115.0M | 603.0M | 578.0M | 565.0M | 384.0M |
| Total Financing Cash Inflow | 2.1B | 1.9B | 1.2B | 1.2B | 1.4B | 1.2B | 1.0B | 716.0M | 426.0M | 660.0M | 582.0M | 585.0M | 496.0M |
| Total Financing Cash Outflow | 1.4B | 1.8B | 979.0M | 1.3B | 1.4B | 298.0M | 554.0M | 465.0M | 213.0M | 631.0M | 610.0M | 583.0M | 403.0M |
| Financing Cash Flow | 629.0M | 121.0M | 254.0M | -28.5M | 43.4M | 952.0M | 459.0M | 251.0M | 213.0M | 29.4M | -27.5M | 2.0M | 93.3M |
| Net Change In Cash | 177.0M | 14.5M | -129.0M | -124.0M | 39.9M | 399.0M | 111.0M | 112.0M | -56.0M | 41.8M | 19.2M | 30.3M | -13.9M |
| Ending Cash Balance | 651.0M | 474.0M | 459.0M | 589.0M | 713.0M | 673.0M | 274.0M | 163.0M | 50.9M | 107.0M | 65.1M | 46.0M | 15.7M |
| Capex | 722.0M | 905.0M | 958.0M | 482.0M | 225.0M | 333.0M | 516.0M | 357.0M | 587.0M | 201.0M | 111.0M | 78.6M | 157.0M |