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 | 5.9B | 7.0B | 7.0B | 5.4B | 3.6B | 2.4B | 1.7B | 1.1B | 844.0M | 809.0M | 699.0M | 551.0M | 650.0M | 448.0M |
| Revenue Growth % | -16.3% | -0.1% | 29.3% | 48.9% | 49.9% | 41.7% | 50.9% | 34.6% | 4.3% | 15.7% | 26.9% | -15.2% | 45.1% | -- |
| Total Revenue | 5.9B | 7.0B | 7.0B | 5.4B | 3.6B | 2.4B | 1.7B | 1.1B | 844.0M | 809.0M | 699.0M | 551.0M | 650.0M | 448.0M |
| Cost Of Revenue | 5.2B | 6.5B | 6.3B | 4.9B | 3.2B | 2.1B | 1.4B | 907.0M | 657.0M | 649.0M | 554.0M | 429.0M | 532.0M | 368.0M |
| Gross Profit | 635.0M | 526.0M | 672.0M | 553.0M | 407.0M | 309.0M | 276.0M | 229.0M | 187.0M | 160.0M | 145.0M | 122.0M | 118.0M | 80.0M |
| Gross Margin % | 10.8% | 7.5% | 9.6% | 10.2% | 11.2% | 12.7% | 16.1% | 20.2% | 22.2% | 19.8% | 20.7% | 22.1% | 18.2% | 17.9% |
| Total Operating Cost | 5.8B | 7.1B | 6.8B | 5.3B | 3.5B | 2.4B | 1.6B | 1.0B | 762.0M | 742.0M | 634.0M | 502.0M | 594.0M | 417.0M |
| Selling Expenses | 68.7M | 88.8M | 68.2M | 65.9M | 55.0M | 51.5M | 43.5M | 36.3M | 27.4M | 22.3M | 19.9M | 14.9M | 17.0M | 9.2M |
| Admin Expenses | 157.0M | 233.0M | 165.0M | 135.0M | 105.0M | 82.6M | 42.9M | 35.1M | 56.0M | 48.7M | 46.1M | 45.1M | 38.8M | 32.4M |
| Rd Expenses | 114.0M | 130.0M | 126.0M | 99.6M | 85.7M | 67.6M | 55.9M | 37.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 178.0M | 162.0M | 105.0M | 42.1M | 6.4M | 23.3M | 45.8M | 14.6M | 17.5M | 19.2M | 11.0M | 9.9M | 8.5M | 4.4M |
| Operating Income | 58.3M | -152.0M | 196.0M | 161.0M | 127.0M | 85.6M | 89.7M | 104.0M | 84.1M | 64.7M | 65.9M | 49.5M | 55.8M | 31.6M |
| Operating Margin % | 1.0% | -2.2% | 2.8% | 3.0% | 3.5% | 3.5% | 5.2% | 9.2% | 10.0% | 8.0% | 9.4% | 9.0% | 8.6% | 7.1% |
| Non Operating Income | 4.8M | 1.9M | 2.4M | 1.2M | 5.9M | 507,200 | 938,400 | 3.7M | 9.2M | 12.0M | 4.3M | 5.8M | 626,100 | 928,500 |
| Non Operating Expenses | 7.2M | 13.3M | 3.9M | 3.9M | 6.3M | 1.2M | 727,300 | 888,200 | 343,600 | 51,900 | 258,500 | 167,200 | 2.0M | 971,200 |
| Investment Income | -7.8M | -16.3M | 2.9M | -18.7M | -16.2M | -5.1M | 11.8M | 1.4M | 2.3M | -1.8M | 385,800 | 638,400 | 31,200 | -53,100 |
| Fair Value Change Income | 84,800 | 93,700 | 49,500 | 372,800 | 90,100 | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 14.5M | 4,000 | -340,000 | -98,700 | 420,900 | -524,200 | 15,300 | 8,500 | -2,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 7.4M | 18.4M | 464,100 | 1.2M | 1.6M | -- | 11.5M | 8.1M | 1.8M | 2.8M | 2.1M | 3.1M | -1.7M | 2.4M |
| Other Income | 14.0M | 12.3M | 14.9M | 11.7M | 17.3M | 19.4M | 6.1M | 7.8M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 56.0M | -164.0M | 194.0M | 159.0M | 127.0M | 84.8M | 89.9M | 106.0M | 93.0M | 76.7M | 70.0M | 55.2M | 54.5M | 31.6M |
| Income Tax | 7.7M | -11.2M | 19.4M | 26.5M | 18.1M | 9.0M | 12.6M | 15.8M | 12.9M | 10.8M | 10.7M | 8.0M | 8.3M | 5.0M |
| Net Income | 48.3M | -152.0M | 175.0M | 132.0M | 109.0M | 75.9M | 77.3M | 90.5M | 80.1M | 65.9M | 59.3M | 47.2M | 46.2M | 26.6M |
| Net Margin % | 0.8% | -2.2% | 2.5% | 2.4% | 3.0% | 3.1% | 4.5% | 8.0% | 9.5% | 8.1% | 8.5% | 8.6% | 7.1% | 5.9% |
| Net Income Attributable | 26.0M | -188.0M | 130.0M | 83.9M | 68.9M | 56.9M | 76.8M | 90.9M | 80.3M | 66.0M | 59.5M | 47.3M | 41.6M | 23.7M |
| Minority Interest | 22.2M | 35.2M | 44.4M | 48.2M | 39.6M | 19.0M | 453,000 | -324,900 | -222,700 | -183,800 | -251,500 | -134,300 | 4.6M | 2.8M |
| Eps Basic | 0.05 | -0.39 | 0.30 | 0.22 | 0.20 | 0.18 | 0.26 | 0.31 | 0.36 | 0.42 | 0.37 | 0.31 | 0.34 | -- |
| Eps Diluted | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.34 | -- |
| 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 | 511.0M | 796.0M | 504.0M | 571.0M | 501.0M | 347.0M | 553.0M | 497.0M | 142.0M | 143.0M | 126.0M | 84.7M | 117.0M | 35.3M |
| Trading Financial Assets | 32.2M | 207,400 | 18.6M | 46.2M | 60.3M | 77.4M | -- | -- | -- | -- | -- | 5.0M | -- | -- |
| Accounts Receivable | 407.0M | 423.0M | 445.0M | 553.0M | 592.0M | 417.0M | 380.0M | 234.0M | 187.0M | 182.0M | 159.0M | 133.0M | 96.0M | 93.6M |
| Notes Receivable | 2.7M | 16.9M | 25.0M | 2.6M | 4.4M | -- | 45.8M | 16.9M | 39.9M | 114,200 | 410,000 | 3.6M | -- | -- |
| Notes And Accounts Receivable | 410.0M | 440.0M | 470.0M | 555.0M | 596.0M | 417.0M | 426.0M | 251.0M | 227.0M | 182.0M | 159.0M | 136.0M | 96.0M | 93.6M |
| Prepayments | 193.0M | 141.0M | 256.0M | 148.0M | 188.0M | 61.9M | 127.0M | 49.9M | 55.5M | 63.5M | 51.0M | 50.5M | 5.9M | 31.5M |
| Inventory | 3.1B | 3.0B | 2.3B | 1.2B | 634.0M | 753.0M | 425.0M | 377.0M | 179.0M | 141.0M | 116.0M | 146.0M | 166.0M | 103.0M |
| Total Current Assets | 4.4B | 4.4B | 3.6B | 2.6B | 2.0B | 1.7B | 1.6B | 1.2B | 624.0M | 542.0M | 463.0M | 426.0M | 388.0M | 280.0M |
| Long Term Equity Investment | 32.8M | 29.2M | 27.2M | 20.3M | 16.5M | 30.5M | -- | -- | -- | -- | -- | -- | 2.0M | 2.0M |
| Fixed Assets | -- | 3.1B | 2.3B | 1.5B | 773.0M | 731.0M | 417.0M | 340.0M | 207.0M | 96.5M | 84.9M | 68.2M | 50.5M | 39.7M |
| Fixed Assets Total | 3.5B | 3.1B | 2.3B | 1.5B | 773.0M | 731.0M | 417.0M | 340.0M | 207.0M | 96.5M | 84.9M | 68.2M | 50.5M | 39.7M |
| Construction In Progress | -- | 439.0M | 740.0M | 350.0M | 204.0M | 22.9M | 38.5M | 23.2M | 89.5M | 128.0M | 7.3M | 1.8M | 9.3M | 165,900 |
| Construction In Progress Total | 304.0M | 439.0M | 740.0M | 350.0M | 204.0M | 22.9M | 38.5M | 23.2M | 89.5M | 128.0M | 7.3M | 1.8M | 9.3M | 165,900 |
| Intangible Assets | 228.0M | 231.0M | 239.0M | 216.0M | 177.0M | 172.0M | 76.0M | 68.1M | 45.4M | 46.4M | 19.7M | 17.5M | 2.4M | 2.5M |
| Long Term Deferred Expenses | 12.6M | 17.3M | 17.5M | 7.8M | 21.8M | 13.4M | 1.7M | -- | -- | -- | -- | -- | -- | 213,400 |
| Total Non Current Assets | 4.7B | 4.7B | 4.0B | 2.6B | 1.3B | 1.0B | 585.0M | 459.0M | 360.0M | 307.0M | 165.0M | 103.0M | 83.6M | 45.8M |
| Total Assets | 9.0B | 9.1B | 7.6B | 5.1B | 3.3B | 2.7B | 2.2B | 1.7B | 984.0M | 849.0M | 627.0M | 529.0M | 472.0M | 326.0M |
| Short Term Borrowings | 2.2B | 2.1B | 1.7B | 783.0M | 585.0M | 176.0M | 173.0M | 256.0M | 84.3M | 51.0M | 50.9M | 44.8M | 92.0M | 52.6M |
| Accounts Payable | 868.0M | 1.0B | 950.0M | 519.0M | 173.0M | 210.0M | 76.8M | 44.1M | 88.5M | 62.0M | 27.9M | 55.6M | 32.3M | 42.3M |
| Advance Receipts | 63,500 | 639,000 | 639,000 | 823,200 | 881,200 | 49.0M | 29.4M | 45.6M | 18.2M | 15.6M | 8.8M | 3.1M | 12.7M | 10.1M |
| Contract Liabilities | 279.0M | 182.0M | 134.0M | 40.6M | 63.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 5.2B | 4.9B | 4.0B | 2.2B | 1.7B | 1.3B | 1.0B | 816.0M | 457.0M | 436.0M | 290.0M | 226.0M | 290.0M | 205.0M |
| Long Term Borrowings | 360.0M | 600.0M | 660.0M | 464.0M | 53.0M | -- | -- | -- | 39.5M | -- | -- | -- | 2.7M | 2.7M |
| Total Non Current Liabilities | 1.0B | 1.5B | 1.2B | 666.0M | 104.0M | 43.6M | 243.0M | 17.7M | 67.8M | 22.8M | 405,700 | 1.8M | 3.1M | 3.1M |
| Total Liabilities | 6.2B | 6.4B | 5.2B | 2.9B | 1.8B | 1.3B | 1.2B | 834.0M | 525.0M | 458.0M | 291.0M | 228.0M | 293.0M | 208.0M |
| Paid In Capital | 502.0M | 457.0M | 436.0M | 436.0M | 340.0M | 341.0M | 300.0M | 297.0M | 159.0M | 159.0M | 159.0M | 159.0M | 70.0M | 58.0M |
| Capital Reserve | 1.2B | 1.2B | 893.0M | 885.0M | 433.0M | 437.0M | 208.0M | 178.0M | 24.7M | 24.7M | 24.8M | 24.8M | 43.8M | -- |
| Surplus Reserve | 104.0M | 103.0M | 103.0M | 92.2M | 84.7M | 77.8M | 71.7M | 63.8M | 56.1M | 38.0M | 22.3M | 16.2M | 10.5M | 3.1M |
| Retained Earnings | 400.0M | 396.0M | 597.0M | 494.0M | 418.0M | 356.0M | 331.0M | 281.0M | 215.0M | 167.0M | 129.0M | 92.0M | 50.4M | 36.6M |
| Minority Equity | 593.0M | 439.0M | 392.0M | 369.0M | 286.0M | 254.0M | 8.5M | 3.2M | 3.5M | 3.8M | 3.9M | 4.2M | 4.3M | 20.2M |
| Equity Attributable | 2.2B | 2.2B | 2.0B | 1.9B | 1.2B | 1.1B | 953.0M | 821.0M | 455.0M | 387.0M | 333.0M | 297.0M | 175.0M | 97.7M |
| Total Equity | 2.8B | 2.6B | 2.4B | 2.2B | 1.5B | 1.4B | 961.0M | 825.0M | 459.0M | 390.0M | 337.0M | 301.0M | 179.0M | 118.0M |
| 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 | 6.0B | 7.1B | 7.1B | 5.4B | 3.6B | 2.5B | 1.6B | 1.1B | 779.0M | 742.0M | 681.0M | 498.0M | 639.0M | 423.0M |
| Tax Refunds Received | 30.8M | 18.1M | 18.1M | 22.7M | 15.8M | 35.9M | 28.6M | -- | -- | -- | -- | -- | 61,500 | -- |
| Total Operating Cash Inflow | 6.1B | 7.2B | 7.2B | 5.5B | 3.7B | 2.6B | 1.6B | 1.1B | 811.0M | 757.0M | 689.0M | 527.0M | 689.0M | 537.0M |
| Cash Paid For Goods | 5.1B | 6.6B | 6.7B | 4.8B | 3.0B | 1.6B | 1.2B | 871.0M | 693.0M | 515.0M | 484.0M | 449.0M | 523.0M | 424.0M |
| Cash Paid To Employees | 291.0M | 296.0M | 241.0M | 202.0M | 144.0M | 94.7M | 63.9M | 41.9M | 35.6M | 33.0M | 35.6M | 25.9M | 22.0M | 17.4M |
| Taxes Paid | 47.4M | 58.9M | 53.7M | 52.3M | 41.0M | 15.5M | 22.1M | 19.3M | 19.2M | 13.0M | 13.1M | 13.9M | 9.3M | 7.2M |
| Total Operating Cash Outflow | 5.6B | 7.1B | 7.1B | 5.2B | 3.3B | 1.8B | 1.4B | 1.0B | 778.0M | 615.0M | 586.0M | 524.0M | 628.0M | 582.0M |
| Operating Cash Flow | 483.0M | 70.7M | 36.1M | 229.0M | 407.0M | 746.0M | 246.0M | 90.9M | 32.3M | 143.0M | 103.0M | 2.4M | 60.7M | -45.0M |
| Total Investing Cash Inflow | 110.0M | 290.0M | 482.0M | 698.0M | 783.0M | 378.0M | 248.0M | 109.0M | 22.6M | 6.2M | 18.2M | 16.9M | 165,000 | -- |
| Total Investing Cash Outflow | 618.0M | 982.0M | 1.6B | 1.7B | 1.1B | 652.0M | 397.0M | 224.0M | 61.6M | 156.0M | 83.7M | 48.2M | 49.8M | 12.4M |
| Investing Cash Flow | -508.0M | -692.0M | -1.1B | -985.0M | -285.0M | -274.0M | -149.0M | -115.0M | -39.0M | -149.0M | -65.5M | -31.3M | -49.6M | -12.4M |
| Cash From Borrowings | 3.5B | 3.2B | 2.2B | 1.4B | 630.0M | 96.4M | 799.0M | 590.0M | 244.0M | 191.0M | 156.0M | 157.0M | 239.0M | 81.5M |
| Dividends And Interest Paid | 182.0M | 149.0M | 118.0M | 92.4M | 27.4M | 51.3M | 40.1M | 27.6M | 24.7M | 24.8M | 27.2M | 11.8M | 17.5M | 5.1M |
| Debt Repayments | 3.9B | 2.9B | 1.2B | 1.1B | 581.0M | 665.0M | 823.0M | 503.0M | 172.0M | 192.0M | 150.0M | 208.0M | 199.0M | 43.6M |
| Total Financing Cash Inflow | 4.8B | 4.7B | 2.4B | 2.1B | 634.0M | 43.9M | 818.0M | 896.0M | 244.0M | 222.0M | 156.0M | 227.0M | 275.0M | 101.0M |
| Total Financing Cash Outflow | 5.0B | 3.9B | 1.4B | 1.2B | 614.0M | 723.0M | 882.0M | 560.0M | 217.0M | 226.0M | 178.0M | 220.0M | 217.0M | 48.7M |
| Financing Cash Flow | -248.0M | 862.0M | 1.0B | 841.0M | 19.8M | -680.0M | -64.0M | 336.0M | 26.5M | -4.4M | -22.2M | 7.2M | 57.7M | 52.3M |
| Net Change In Cash | -265.0M | 260.0M | -93.8M | 82.6M | 144.0M | -221.0M | 30.2M | 311.0M | 19.6M | -11.7M | 15.0M | -21.8M | 68.8M | -4.5M |
| Ending Cash Balance | 329.0M | 594.0M | 334.0M | 427.0M | 345.0M | 201.0M | 422.0M | 390.0M | 79.7M | 60.1M | 71.8M | 56.8M | 78.6M | 9.8M |
| Capex | 478.0M | 672.0M | 1.2B | 672.0M | 322.0M | 181.0M | 92.7M | 118.0M | 41.4M | 129.0M | 53.8M | 24.3M | 37.8M | 12.3M |