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 | 2.5B | 2.5B | 2.1B | 2.6B | 2.7B | 2.3B | 2.4B | 2.0B | 1.6B | 1.6B | 1.8B | 1.7B | 1.1B | 973.0M |
| Revenue Growth % | -3.1% | 21.8% | -19.1% | -3.0% | 16.2% | -4.1% | 17.2% | 24.3% | 0.6% | -11.7% | 8.0% | 50.5% | 16.6% | -- |
| Total Revenue | 2.5B | 2.5B | 2.1B | 2.6B | 2.7B | 2.3B | 2.4B | 2.0B | 1.6B | 1.6B | 1.8B | 1.7B | 1.1B | 973.0M |
| Cost Of Revenue | 2.2B | 2.2B | 2.0B | 2.4B | 2.3B | 1.9B | 2.0B | 1.7B | 1.4B | 1.4B | 1.5B | 1.4B | 941.0M | 803.0M |
| Gross Profit | 260.0M | 330.0M | 47.0M | 151.0M | 314.0M | 368.0M | 402.0M | 355.0M | 272.0M | 265.0M | 312.0M | 286.0M | 194.0M | 170.0M |
| Gross Margin % | 10.6% | 13.0% | 2.3% | 5.9% | 11.8% | 16.1% | 16.9% | 17.4% | 16.6% | 16.3% | 16.9% | 16.7% | 17.1% | 17.5% |
| Total Operating Cost | 2.4B | 2.7B | 2.5B | 3.0B | 2.7B | 2.3B | 2.3B | 2.0B | 1.6B | 1.6B | 1.7B | 1.6B | 1.1B | 895.0M |
| Selling Expenses | 12.9M | 14.2M | 12.7M | 16.2M | 14.3M | 19.7M | 20.2M | 18.8M | 22.1M | 22.5M | 20.4M | 15.3M | 10.1M | 6.7M |
| Admin Expenses | 111.0M | 117.0M | 96.2M | 115.0M | 121.0M | 112.0M | 106.0M | 89.6M | 87.6M | 69.8M | 61.3M | 49.7M | 42.5M | 38.7M |
| Rd Expenses | 99.0M | 106.0M | 101.0M | 117.0M | 92.2M | 72.3M | 85.4M | 79.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 56.8M | 61.5M | 44.2M | 31.2M | 32.1M | 35.7M | 33.9M | 22.2M | 4.8M | 1.3M | 10.3M | 7.9M | 8.5M | 6.5M |
| Operating Income | 16.1M | -137.0M | -383.0M | -414.0M | 5.8M | 45.6M | 85.6M | 70.2M | 61.3M | 69.0M | 123.0M | 125.0M | 82.6M | 77.9M |
| Operating Margin % | 0.7% | -5.4% | -18.4% | -16.1% | 0.2% | 2.0% | 3.6% | 3.4% | 3.7% | 4.2% | 6.7% | 7.3% | 7.3% | 8.0% |
| Non Operating Income | 851,500 | 6.00 | 128,900 | 150,300 | 3,600 | 612,200 | 153,900 | 39,500 | 974,500 | 1.7M | 2.4M | 2.9M | 3.1M | 2.1M |
| Non Operating Expenses | 5.6M | 2.1M | 6.2M | 1.5M | 514,000 | 507,800 | 1.7M | 1.4M | 581,100 | 3.7M | 316,500 | 745,000 | 170,600 | 57,800 |
| Investment Income | -7.7M | -28.5M | -13.2M | -14.3M | 75.6M | 11.5M | 3.5M | 7.2M | 4.8M | 5.2M | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | 1.9M | -1.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.5M | 243,700 | -604,000 | 117,700 | 59,200 | -222,900 | 23,500 | 170,500 | -90,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -79.2M | 94.5M | 99.0M | 108.0M | 9.0M | -- | 70.9M | 76.2M | 82.1M | 55.4M | 40.1M | 32.5M | 12.0M | 6.0M |
| Other Income | 4.9M | 2.7M | 3.3M | 20.3M | 3.4M | 3.3M | 4.2M | 956,600 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 11.3M | -139.0M | -389.0M | -415.0M | 5.3M | 45.7M | 84.1M | 68.8M | 61.7M | 67.0M | 125.0M | 127.0M | 85.5M | 79.9M |
| Income Tax | 6.9M | -9.7M | -43.4M | -44.4M | -18.3M | 4.6M | 16.0M | 5.9M | 9.4M | 11.8M | 29.4M | 30.2M | 21.0M | 22.2M |
| Net Income | 4.4M | -130.0M | -345.0M | -371.0M | 23.6M | 41.1M | 68.1M | 63.0M | 52.3M | 55.1M | 95.2M | 96.9M | 64.5M | 57.7M |
| Net Margin % | 0.2% | -5.1% | -16.5% | -14.4% | 0.9% | 1.8% | 2.9% | 3.1% | 3.2% | 3.4% | 5.2% | 5.7% | 5.7% | 5.9% |
| Net Income Attributable | 8.6M | -128.0M | -343.0M | -372.0M | 19.1M | 37.3M | 58.4M | 57.6M | 48.4M | 55.1M | 95.2M | 96.9M | 64.5M | 57.7M |
| Minority Interest | -4.2M | -1.2M | -2.4M | 1.6M | 4.5M | 3.9M | 9.8M | 5.4M | 3.9M | -- | -- | -- | -- | -- |
| Eps Basic | 0.01 | -0.22 | -0.56 | -0.61 | 0.03 | 0.07 | 0.11 | 0.13 | 0.16 | 0.47 | 1.06 | 1.08 | 0.72 | 0.64 |
| Eps Diluted | 0.01 | -0.22 | -0.56 | -0.61 | 0.03 | 0.07 | 0.11 | 0.13 | 0.16 | 0.47 | 1.06 | -- | 0.72 | 0.64 |
| 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 | 358.0M | 461.0M | 359.0M | 290.0M | 694.0M | 294.0M | 459.0M | 358.0M | 219.0M | 193.0M | 254.0M | 259.0M | 246.0M | 196.0M |
| Trading Financial Assets | -- | -- | -- | 20.0M | 20.0M | 51.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 844.0M | 868.0M | 842.0M | 983.0M | 1.1B | 2.2B | 2.1B | 1.8B | 1.7B | 1.6B | 1.4B | 924.0M | 643.0M | 511.0M |
| Notes Receivable | 9.6M | 104.0M | 26.3M | 57.4M | 52.0M | 56.3M | 15.1M | 47.0M | 67.6M | 33.0M | 18.6M | 8.1M | 5.3M | 6.3M |
| Notes And Accounts Receivable | 853.0M | 972.0M | 868.0M | 1.0B | 1.2B | 2.3B | 2.1B | 1.9B | 1.8B | 1.6B | 1.4B | 933.0M | 648.0M | 517.0M |
| Prepayments | 5.5M | 19.8M | 9.9M | 17.1M | 13.0M | 12.3M | 12.6M | 13.3M | 13.3M | 4.0M | 13.0M | 14.4M | 5.7M | 9.1M |
| Inventory | 6.8M | 8.7M | 19.9M | 10.0M | 13.3M | 36.6M | 39.0M | 34.2M | 27.9M | 19.6M | 32.3M | 31.8M | 24.8M | 18.4M |
| Total Current Assets | 3.1B | 3.5B | 3.3B | 3.4B | 3.9B | 2.8B | 2.8B | 2.5B | 2.2B | 2.1B | 1.7B | 1.3B | 956.0M | 766.0M |
| Long Term Equity Investment | 40.0M | 84.8M | 143.0M | 164.0M | 175.0M | 94.7M | 175.0M | 206.0M | 188.0M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 540.0M | 528.0M | 377.0M | 407.0M | 439.0M | 499.0M | 110.0M | 116.0M | 94.4M | 98.2M | 105.0M | 110.0M | 115.0M |
| Fixed Assets Total | 504.0M | 540.0M | 528.0M | 377.0M | 407.0M | 439.0M | 499.0M | 110.0M | 116.0M | 94.4M | 98.2M | 105.0M | 110.0M | 115.0M |
| Construction In Progress | -- | -- | -- | 162.0M | 65.4M | 283,200 | -- | 263.0M | 120.0M | 12.3M | 2.2M | 1.3M | 500,000 | 222,900 |
| Construction In Progress Total | -- | -- | -- | 162.0M | 65.4M | 283,200 | -- | 263.0M | 120.0M | 12.3M | 2.2M | 1.3M | 500,000 | 222,900 |
| Intangible Assets | 637.0M | 698.0M | 756.0M | 552.0M | 305.0M | 102.0M | 48.8M | 49.1M | 50.4M | 42.8M | 44.1M | 45.1M | 45.8M | 32.5M |
| Long Term Deferred Expenses | 214,100 | 581,000 | 948,000 | 1.3M | 2.5M | 2.5M | 2.2M | 3.9M | 5.4M | 3.4M | 4.5M | 4.6M | 5.1M | 5.8M |
| Total Non Current Assets | 1.5B | 1.7B | 1.9B | 1.8B | 1.4B | 1.2B | 1.2B | 1.0B | 696.0M | 214.0M | 171.0M | 181.0M | 178.0M | 166.0M |
| Total Assets | 4.5B | 5.2B | 5.2B | 5.2B | 5.3B | 4.0B | 4.0B | 3.6B | 2.9B | 2.3B | 1.9B | 1.5B | 1.1B | 932.0M |
| Short Term Borrowings | 751.0M | 1.1B | 1.5B | 796.0M | 760.0M | 448.0M | 550.0M | 395.0M | 210.0M | -- | 175.0M | 133.0M | 133.0M | 110.0M |
| Accounts Payable | 1.8B | 1.9B | 1.8B | 1.9B | 1.9B | 1.6B | 1.6B | 1.5B | 1.3B | 1.1B | 1.0B | 732.0M | 581.0M | 503.0M |
| Advance Receipts | 1.3M | 1.3M | 1.5M | 2.3M | 2.4M | 25.7M | 15.8M | 20.0M | 22.5M | 905,100 | 4.7M | 29.4M | 18.8M | 19.7M |
| Contract Liabilities | 130.0M | 69.6M | 95.6M | 70.8M | 57.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.0B | 3.7B | 3.7B | 3.2B | 3.2B | 2.7B | 2.6B | 2.2B | 1.9B | 1.3B | 1.4B | 1.1B | 848.0M | 710.0M |
| Long Term Borrowings | 677.0M | 735.0M | 603.0M | 666.0M | 378.0M | 50.5M | 194.0M | 244.0M | 10.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 720.0M | 781.0M | 668.0M | 719.0M | 456.0M | 147.0M | 264.0M | 301.0M | 11.1M | -- | -- | -- | -- | -- |
| Total Liabilities | 3.8B | 4.5B | 4.3B | 3.9B | 3.6B | 2.8B | 2.9B | 2.5B | 1.9B | 1.3B | 1.4B | 1.1B | 848.0M | 710.0M |
| Paid In Capital | 596.0M | 596.0M | 596.0M | 610.0M | 610.0M | 548.0M | 426.0M | 330.0M | 185.0M | 124.0M | 90.0M | 90.0M | 90.0M | 90.0M |
| Capital Reserve | 240.0M | 240.0M | 240.0M | 279.0M | 273.0M | 85.1M | 239.0M | 362.0M | 529.0M | 607.0M | 76.2M | 76.2M | 76.2M | 76.2M |
| Surplus Reserve | 63.3M | 63.3M | 63.3M | 63.3M | 63.3M | 45.8M | 41.9M | 38.6M | 34.9M | 31.3M | 27.0M | 20.2M | 12.5M | 6.4M |
| Retained Earnings | -156.0M | -164.0M | -35.7M | 307.0M | 686.0M | 466.0M | 428.0M | 382.0M | 347.0M | 318.0M | 285.0M | 197.0M | 108.0M | 49.4M |
| Minority Equity | 36.1M | 40.3M | 41.6M | 44.0M | 33.6M | 29.1M | 25.3M | 18.2M | 7.9M | -- | -- | -- | -- | -- |
| Equity Attributable | 743.0M | 735.0M | 863.0M | 1.2B | 1.6B | 1.1B | 1.1B | 1.1B | 1.0B | 991.0M | 479.0M | 383.0M | 287.0M | 222.0M |
| Total Equity | 779.0M | 775.0M | 905.0M | 1.3B | 1.6B | 1.2B | 1.1B | 1.1B | 1.0B | 991.0M | 479.0M | 383.0M | 287.0M | 222.0M |
| 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 | 2.9B | 2.3B | 1.9B | 2.4B | 2.2B | 2.1B | 2.1B | 1.7B | 1.4B | 1.1B | 1.2B | 1.3B | 868.0M | 872.0M |
| Tax Refunds Received | 1.5M | 300.00 | 34.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 3.0B | 2.6B | 2.3B | 2.5B | 2.3B | 2.3B | 2.3B | 1.9B | 1.6B | 1.2B | 1.3B | 1.4B | 957.0M | 951.0M |
| Cash Paid For Goods | 2.4B | 2.0B | 2.0B | 2.2B | 2.0B | 1.4B | 1.4B | 1.1B | 870.0M | 910.0M | 848.0M | 888.0M | 542.0M | 601.0M |
| Cash Paid To Employees | 117.0M | 124.0M | 141.0M | 144.0M | 131.0M | 568.0M | 538.0M | 455.0M | 360.0M | 326.0M | 283.0M | 254.0M | 166.0M | 118.0M |
| Taxes Paid | 43.2M | 41.4M | 34.1M | 43.7M | 67.3M | 60.4M | 72.8M | 57.4M | 70.7M | 49.1M | 82.6M | 86.7M | 57.8M | 57.8M |
| Total Operating Cash Outflow | 2.7B | 2.2B | 2.5B | 2.7B | 2.5B | 2.2B | 2.2B | 1.8B | 1.5B | 1.4B | 1.3B | 1.4B | 882.0M | 869.0M |
| Operating Cash Flow | 352.0M | 326.0M | -231.0M | -192.0M | -202.0M | 96.5M | 83.5M | 28.9M | 47.6M | -210.0M | -27.3M | 29.1M | 75.0M | 81.9M |
| Total Investing Cash Inflow | 95.8M | 94.0M | 52.1M | 258.0M | 222.0M | 310.0M | 493.0M | 592.0M | 586.0M | 780.0M | -- | 63,500 | 109,700 | 2.9M |
| Total Investing Cash Outflow | 14.8M | 27.9M | 293.0M | 679.0M | 426.0M | 362.0M | 574.0M | 783.0M | 786.0M | 1.0B | 5.6M | 8.3M | 34.0M | 29.0M |
| Investing Cash Flow | 81.0M | 66.1M | -241.0M | -421.0M | -204.0M | -52.0M | -80.9M | -191.0M | -200.0M | -223.0M | -5.6M | -8.3M | -33.9M | -26.1M |
| Cash From Borrowings | 1.0B | 1.7B | 1.9B | 1.3B | 1.5B | 965.0M | 822.0M | 863.0M | 407.0M | 60.0M | 272.0M | 133.0M | 158.0M | 140.0M |
| Dividends And Interest Paid | 66.3M | 81.3M | 73.1M | 54.9M | 38.9M | 46.4M | 42.7M | 39.3M | 20.6M | 20.8M | 9.5M | 8.1M | 8.4M | 6.7M |
| Debt Repayments | 1.5B | 1.7B | 1.3B | 1.0B | 954.0M | 1.1B | 688.0M | 425.0M | 197.0M | 235.0M | 230.0M | 133.0M | 135.0M | 90.0M |
| Total Financing Cash Inflow | 1.4B | 1.8B | 1.9B | 1.4B | 1.8B | 1.1B | 887.0M | 971.0M | 434.0M | 663.0M | 291.0M | 156.0M | 161.0M | 142.0M |
| Total Financing Cash Outflow | 1.6B | 2.1B | 1.6B | 1.2B | 1.1B | 1.3B | 796.0M | 670.0M | 260.0M | 280.0M | 265.0M | 169.0M | 155.0M | 106.0M |
| Financing Cash Flow | -226.0M | -368.0M | 367.0M | 195.0M | 766.0M | -221.0M | 91.5M | 301.0M | 175.0M | 383.0M | 26.0M | -13.1M | 6.5M | 35.6M |
| Net Change In Cash | 206.0M | 23.5M | -105.0M | -418.0M | 360.0M | -178.0M | 95.7M | 139.0M | 22.0M | -49.7M | -6.9M | 7.7M | 47.7M | 91.5M |
| Ending Cash Balance | 332.0M | 126.0M | 102.0M | 207.0M | 625.0M | 265.0M | 443.0M | 348.0M | 209.0M | 187.0M | 237.0M | 244.0M | 236.0M | 188.0M |
| Capex | 14.8M | 27.9M | 292.0M | 319.0M | 222.0M | 93.1M | 145.0M | 144.0M | 67.4M | 28.0M | 5.6M | 8.3M | 34.0M | 29.0M |