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 | 807.0M | 1.0B | 1.0B | 1.2B | 848.0M | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 957.0M | 695.0M | 497.0M |
| Revenue Growth % | -22.6% | 4.2% | -16.6% | 41.4% | -23.9% | 6.0% | -10.4% | 1.6% | -13.0% | 3.3% | 34.3% | 37.7% | 39.8% | -- |
| Total Revenue | 807.0M | 1.0B | 1.0B | 1.2B | 848.0M | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 957.0M | 695.0M | 497.0M |
| Cost Of Revenue | 592.0M | 674.0M | 573.0M | 582.0M | 470.0M | 540.0M | 536.0M | 543.0M | 547.0M | 567.0M | 524.0M | 372.0M | 262.0M | 173.0M |
| Gross Profit | 215.0M | 368.0M | 427.0M | 617.0M | 378.0M | 574.0M | 515.0M | 630.0M | 608.0M | 760.0M | 761.0M | 585.0M | 433.0M | 324.0M |
| Gross Margin % | 26.6% | 35.3% | 42.7% | 51.5% | 44.6% | 51.5% | 49.0% | 53.7% | 52.6% | 57.3% | 59.2% | 61.1% | 62.3% | 65.2% |
| Total Operating Cost | 1.5B | 1.4B | 1.1B | 1.0B | 817.0M | 922.0M | 870.0M | 865.0M | 833.0M | 885.0M | 864.0M | 628.0M | 439.0M | 310.0M |
| Selling Expenses | 37.3M | 64.1M | 55.3M | 58.8M | 48.3M | 57.0M | 49.1M | 39.7M | 38.9M | 46.9M | 67.4M | 73.3M | 42.1M | 38.7M |
| Admin Expenses | 312.0M | 296.0M | 266.0M | 264.0M | 209.0M | 227.0M | 212.0M | 228.0M | 231.0M | 225.0M | 224.0M | 155.0M | 112.0M | 83.7M |
| Rd Expenses | 2.8M | 12.5M | 20.5M | 31.9M | 15.8M | 29.4M | 16.1M | 13.9M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 85.1M | 99.1M | 94.1M | 62.8M | 52.6M | 42.0M | 24.9M | 13.5M | -149,100 | 2.5M | 6.4M | -3.2M | -399,100 | -1.1M |
| Operating Income | -650.0M | -328.0M | -39.8M | 181.0M | 105.0M | 260.0M | 255.0M | 330.0M | 329.0M | 441.0M | 421.0M | 329.0M | 258.0M | 187.0M |
| Operating Margin % | -80.5% | -31.5% | -4.0% | 15.1% | 12.4% | 23.3% | 24.3% | 28.1% | 28.5% | 33.2% | 32.8% | 34.4% | 37.1% | 37.6% |
| Non Operating Income | 304,500 | 466,000 | 651,200 | 23.1M | 95.2M | 92.4M | 75.0M | 10.1M | 11.0M | 14.1M | 12.6M | 7.3M | 6.8M | 11.4M |
| Non Operating Expenses | 329.0M | 1.6M | 2.8M | 8.6M | 2.8M | 6.2M | 6.3M | 4.5M | 1.2M | 7.4M | 4.4M | 3.5M | 5.5M | 5.1M |
| Investment Income | -15.8M | -13.1M | 1.5M | -2.8M | 6.3M | 41.2M | 31.4M | 20.5M | 7.3M | -423,800 | 1.2M | 590,000 | 2.1M | 200,400 |
| Fair Value Change Income | -- | -- | -- | 825,000 | -825,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -220,500 | 3.7M | -682,800 | -11.3M | 7.5M | -102,800 | 40.7M | 924,800 | -535,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 316.0M | 167.0M | 29.6M | 5.9M | 10.4M | 16.2M | 18.2M | 15.4M | 3,100 | 1,600 | -32,500 | 21,000 | 12,500 | 1,100 |
| Other Income | 9.5M | 14.8M | 15.2M | 19.2M | 60.8M | 26.8M | 2.2M | 177,000 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -978.0M | -329.0M | -41.9M | 195.0M | 197.0M | 347.0M | 323.0M | 335.0M | 339.0M | 448.0M | 430.0M | 333.0M | 259.0M | 193.0M |
| Income Tax | -34.3M | 45.8M | 32.6M | 66.2M | 59.4M | 92.0M | 96.8M | 113.0M | 102.0M | 132.0M | 132.0M | 68.4M | 68.3M | 46.8M |
| Net Income | -944.0M | -375.0M | -74.5M | 129.0M | 138.0M | 255.0M | 227.0M | 222.0M | 236.0M | 316.0M | 298.0M | 265.0M | 191.0M | 146.0M |
| Net Margin % | -117.0% | -36.0% | -7.4% | 10.8% | 16.3% | 22.9% | 21.6% | 18.9% | 20.4% | 23.8% | 23.2% | 27.7% | 27.5% | 29.4% |
| Net Income Attributable | -903.0M | -362.0M | -60.0M | 134.0M | 161.0M | 244.0M | 223.0M | 235.0M | 246.0M | 329.0M | 326.0M | 266.0M | 191.0M | 147.0M |
| Minority Interest | -41.5M | -13.3M | -14.5M | -4.6M | -22.9M | 10.3M | 3.3M | -12.6M | -9.5M | -13.1M | -28.3M | -1.6M | -913,300 | -870,100 |
| Eps Basic | -1.25 | -0.50 | -0.08 | 0.21 | 0.28 | 0.42 | 0.38 | 0.40 | 0.60 | 0.89 | 0.88 | 0.72 | 0.52 | 1.22 |
| Eps Diluted | -1.25 | -0.50 | -0.08 | 0.18 | 0.22 | 0.42 | 0.38 | 0.40 | 0.60 | 0.89 | 0.88 | 0.72 | 0.52 | 1.22 |
| 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 | 53.5M | 105.0M | 191.0M | 241.0M | 587.0M | 368.0M | 359.0M | 705.0M | 501.0M | 336.0M | 477.0M | 430.0M | 497.0M | 159.0M |
| Trading Financial Assets | -- | -- | -- | 10.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 17.1M | 23.4M | 23.6M | 15.1M | 13.0M | 6.8M | 84,200 | 91,800 | 131,200 | 72,100 | 41,200 | 209,000 | 10,400 | 20,700 |
| Notes And Accounts Receivable | 17.1M | 23.4M | 23.6M | 15.1M | 13.0M | 6.8M | 84,200 | 91,800 | 131,200 | 72,100 | 41,200 | 209,000 | 10,400 | 20,700 |
| Prepayments | 2.0M | 12.1M | 17.4M | 10.1M | 14.5M | 8.5M | 7.0M | 13.9M | 8.0M | 19.4M | 11.9M | 4.4M | 518,800 | 120.0M |
| Inventory | 22.9M | 58.4M | 244.0M | 27.0M | 34.0M | 794.0M | 761.0M | 20,000 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 596.0M | 730.0M | 990.0M | 491.0M | 765.0M | 1.4B | 1.4B | 978.0M | 1.0B | 386.0M | 494.0M | 440.0M | 500.0M | 420.0M |
| Long Term Equity Investment | 52.9M | 54.4M | 105.0M | 106.0M | 108.0M | 88.0M | 41.7M | 41.7M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.6B | -- | 1.7B | 1.3B | 921.0M | -- | -- | 517.0M | 530.0M | 567.0M | 234.0M | 195.0M | 148.0M |
| Fixed Assets Total | 1.5B | 1.6B | 1.6B | 1.7B | 1.3B | 921.0M | 528.0M | 579.0M | 517.0M | 530.0M | 567.0M | 234.0M | 195.0M | 148.0M |
| Construction In Progress | -- | 572.0M | -- | 666.0M | 1.1B | 580.0M | 689.0M | 38.9M | 43.9M | -- | -- | 133.0M | 16.3M | -- |
| Construction In Progress Total | 395.0M | 572.0M | 669.0M | 666.0M | 1.1B | 580.0M | 689.0M | 38.9M | 43.9M | -- | -- | 133.0M | 16.3M | -- |
| Intangible Assets | 698.0M | 739.0M | 762.0M | 771.0M | 790.0M | 805.0M | 827.0M | 751.0M | 713.0M | 302.0M | 310.0M | 163.0M | 165.0M | 168.0M |
| Long Term Deferred Expenses | 359.0M | 511.0M | 577.0M | 573.0M | 416.0M | 475.0M | 167.0M | 189.0M | 173.0M | 182.0M | 208.0M | 57.5M | 45.5M | 794,600 |
| Total Non Current Assets | 3.4B | 4.1B | 4.3B | 4.5B | 3.9B | 3.1B | 2.6B | 2.2B | 1.6B | 1.3B | 1.2B | 949.0M | 538.0M | 328.0M |
| Total Assets | 4.0B | 4.8B | 5.3B | 4.9B | 4.7B | 4.5B | 4.0B | 3.2B | 2.6B | 1.7B | 1.7B | 1.4B | 1.0B | 748.0M |
| Short Term Borrowings | 351.0M | 414.0M | 385.0M | 313.0M | 486.0M | 596.0M | 630.0M | 186.0M | 134.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 287.0M | 259.0M | 276.0M | 348.0M | 382.0M | 218.0M | 226.0M | 16.6M | 11.7M | 11.7M | 8.5M | 9.8M | 8.0M | 16.6M |
| Advance Receipts | 51,700 | 9.3M | -- | -- | -- | 375.0M | 367.0M | 376.0M | 351.0M | 312.0M | 371.0M | 308.0M | 307.0M | 156.0M |
| Contract Liabilities | 345.0M | 431.0M | 426.0M | 447.0M | 449.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.9B | 1.8B | 1.7B | 1.5B | 1.8B | 1.7B | 1.5B | 710.0M | 593.0M | 652.0M | 660.0M | 535.0M | 428.0M | 254.0M |
| Long Term Borrowings | 198.0M | 226.0M | 341.0M | 99.0M | -- | 240.0M | 150.0M | 110.0M | -- | -- | 137.0M | 85.2M | -- | -- |
| Total Non Current Liabilities | 946.0M | 1.0B | 1.2B | 999.0M | 318.0M | 609.0M | 500.0M | 257.0M | 144.0M | 139.0M | 291.0M | 239.0M | 155.0M | 194.0M |
| Total Liabilities | 2.9B | 2.8B | 2.9B | 2.5B | 2.2B | 2.3B | 2.0B | 967.0M | 737.0M | 792.0M | 950.0M | 774.0M | 583.0M | 448.0M |
| Paid In Capital | 721.0M | 721.0M | 721.0M | 728.0M | 611.0M | 588.0M | 588.0M | 420.0M | 420.0M | 370.0M | 370.0M | 120.0M | 120.0M | 120.0M |
| Capital Reserve | 678.0M | 668.0M | 726.0M | 819.0M | 935.0M | 562.0M | 562.0M | 756.0M | 756.0M | 49.1M | 49.1M | 121.0M | 104.0M | 44.4M |
| Surplus Reserve | 286.0M | 286.0M | 286.0M | 277.0M | 255.0M | 236.0M | 203.0M | 173.0M | 139.0M | 108.0M | 68.5M | 58.1M | 29.5M | 8.8M |
| Retained Earnings | -696.0M | 207.0M | 569.0M | 637.0M | 573.0M | 548.0M | 455.0M | 390.0M | 315.0M | 226.0M | 140.0M | 210.0M | 104.0M | 78.3M |
| Minority Equity | 211.0M | 231.0M | 246.0M | 263.0M | 265.0M | 389.0M | 318.0M | 454.0M | 263.0M | 128.0M | 119.0M | 107.0M | 96.4M | 48.1M |
| Equity Attributable | 927.0M | 1.8B | 2.1B | 2.1B | 2.3B | 1.8B | 1.7B | 1.7B | 1.6B | 753.0M | 628.0M | 509.0M | 358.0M | 252.0M |
| Total Equity | 1.1B | 2.0B | 2.3B | 2.4B | 2.6B | 2.2B | 2.1B | 2.2B | 1.9B | 881.0M | 746.0M | 615.0M | 454.0M | 300.0M |
| 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 | 749.0M | 1.1B | 1.0B | 1.2B | 945.0M | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 955.0M | 845.0M | 543.0M |
| Tax Refunds Received | -- | -- | 5.0M | 5.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 770.0M | 1.4B | 2.3B | 1.8B | 1.8B | 1.6B | 2.1B | 1.3B | 1.3B | 1.3B | 1.4B | 990.0M | 856.0M | 548.0M |
| Cash Paid For Goods | 98.5M | 137.0M | 452.0M | 198.0M | 159.0M | 146.0M | 912.0M | 109.0M | 107.0M | 106.0M | 103.0M | 84.9M | 79.6M | 54.7M |
| Cash Paid To Employees | 330.0M | 366.0M | 369.0M | 415.0M | 350.0M | 427.0M | 433.0M | 460.0M | 490.0M | 459.0M | 425.0M | 248.0M | 167.0M | 109.0M |
| Taxes Paid | 36.9M | 77.8M | 72.0M | 118.0M | 72.7M | 148.0M | 138.0M | 168.0M | 201.0M | 224.0M | 138.0M | 84.8M | 83.7M | 46.2M |
| Total Operating Cash Outflow | 576.0M | 1.2B | 2.1B | 1.4B | 1.1B | 1.1B | 2.4B | 1.0B | 1.1B | 956.0M | 852.0M | 575.0M | 448.0M | 279.0M |
| Operating Cash Flow | 193.0M | 280.0M | 156.0M | 449.0M | 651.0M | 478.0M | -254.0M | 294.0M | 244.0M | 346.0M | 522.0M | 415.0M | 408.0M | 269.0M |
| Total Investing Cash Inflow | 29.7M | 10.1M | 14.8M | 3.0M | 126.0M | 92.7M | 955.0M | 2.1B | 682.0M | 320,000 | 101.0M | 132.0M | 482.0M | 180.0M |
| Total Investing Cash Outflow | 43.7M | 109.0M | 335.0M | 485.0M | 619.0M | 516.0M | 1.3B | 2.3B | 1.5B | 262.0M | 463.0M | 590.0M | 470.0M | 403.0M |
| Investing Cash Flow | -14.0M | -99.2M | -320.0M | -482.0M | -493.0M | -423.0M | -388.0M | -237.0M | -844.0M | -261.0M | -362.0M | -457.0M | 12.9M | -224.0M |
| Cash From Borrowings | 238.0M | 455.0M | 964.0M | 458.0M | 943.0M | 769.0M | 1.2B | 352.0M | 134.0M | -- | 126.0M | 85.2M | -- | -- |
| Dividends And Interest Paid | 37.6M | 38.4M | 64.4M | 97.3M | 162.0M | 159.0M | 162.0M | 142.0M | 130.0M | 211.0M | 222.0M | 132.0M | 132.0M | 45.0M |
| Debt Repayments | 348.0M | 509.0M | 678.0M | 673.0M | 676.0M | 662.0M | 728.0M | 217.0M | 105.0M | 47.1M | 57.5M | -- | -- | -- |
| Total Financing Cash Inflow | 370.0M | 736.0M | 1.2B | 780.0M | 1.1B | 931.0M | 1.3B | 504.0M | 1.0B | 52.0M | 166.0M | 124.0M | 49.2M | 49.0M |
| Total Financing Cash Outflow | 606.0M | 992.0M | 1.1B | 1.1B | 998.0M | 976.0M | 949.0M | 361.0M | 275.0M | 278.0M | 279.0M | 149.0M | 132.0M | 45.0M |
| Financing Cash Flow | -237.0M | -255.0M | 93.9M | -312.0M | 60.3M | -45.5M | 301.0M | 143.0M | 765.0M | -226.0M | -113.0M | -25.0M | -82.8M | 4.0M |
| Net Change In Cash | -57.3M | -75.1M | -69.9M | -346.0M | 219.0M | 9.0M | -341.0M | 199.0M | 165.0M | -141.0M | 46.6M | -67.0M | 338.0M | 49.7M |
| Ending Cash Balance | 38.7M | 96.0M | 171.0M | 241.0M | 587.0M | 368.0M | 359.0M | 700.0M | 501.0M | 336.0M | 477.0M | 430.0M | 497.0M | 159.0M |
| Capex | 40.7M | 106.0M | 335.0M | 475.0M | 585.0M | 504.0M | 552.0M | 279.0M | 282.0M | 262.0M | 363.0M | 460.0M | 130.0M | 133.0M |