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 | 2.0B | 2.2B | 2.3B | 3.1B | 3.6B | 2.4B | 1.6B | 1.4B | 1.2B | 1.2B | 1.2B | 1.1B | 1.0B | 828.0M |
| Revenue Growth % | -6.3% | -4.1% | -26.5% | -14.4% | 47.4% | 47.8% | 16.0% | 17.8% | -1.6% | 4.5% | 2.7% | 13.1% | 21.9% | -- |
| Total Revenue | 2.0B | 2.2B | 2.3B | 3.1B | 3.6B | 2.4B | 1.6B | 1.4B | 1.2B | 1.2B | 1.2B | 1.1B | 1.0B | 828.0M |
| Cost Of Revenue | 1.1B | 1.1B | 1.2B | 1.6B | 2.0B | 1.1B | 606.0M | 472.0M | 354.0M | 384.0M | 356.0M | 360.0M | 333.0M | 295.0M |
| Gross Profit | 954.0M | 1.1B | 1.1B | 1.4B | 1.6B | 1.3B | 1.0B | 949.0M | 852.0M | 841.0M | 816.0M | 781.0M | 676.0M | 533.0M |
| Gross Margin % | 46.9% | 50.4% | 47.1% | 47.1% | 43.3% | 53.0% | 63.3% | 66.8% | 70.6% | 68.7% | 69.6% | 68.4% | 67.0% | 64.4% |
| Total Operating Cost | 2.2B | 2.2B | 2.7B | 3.0B | 3.3B | 2.1B | 1.4B | 1.2B | 953.0M | 989.0M | 926.0M | 873.0M | 730.0M | 590.0M |
| Selling Expenses | 701.0M | 755.0M | 718.0M | 906.0M | 850.0M | 631.0M | 524.0M | 446.0M | 347.0M | 327.0M | 300.0M | 284.0M | 196.0M | 130.0M |
| Admin Expenses | 214.0M | 222.0M | 224.0M | 249.0M | 225.0M | 161.0M | 147.0M | 119.0M | 166.0M | 169.0M | 170.0M | 161.0M | 142.0M | 121.0M |
| Rd Expenses | 43.8M | 56.8M | 70.3M | 70.8M | 70.9M | 80.5M | 74.6M | 69.7M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 6.6M | -4.1M | -20.5M | -7.7M | 27.6M | 98,700 | -621,500 | -3.1M | 5.1M | 5.2M | 1.1M | 606,700 | 33,500 | 136,200 |
| Operating Income | -98.7M | 33.7M | -393.0M | 91.7M | 324.0M | 381.0M | 320.0M | 316.0M | 262.0M | 250.0M | 256.0M | 275.0M | 286.0M | 239.0M |
| Operating Margin % | -4.9% | 1.6% | -17.4% | 3.0% | 9.0% | 15.6% | 19.4% | 22.2% | 21.7% | 20.4% | 21.8% | 24.1% | 28.3% | 28.9% |
| Non Operating Income | 3.2M | 2.9M | 2.0M | 3.6M | 3.5M | 683,500 | 443,400 | 405,000 | 9.4M | 34.8M | 9.2M | 14.7M | 13.1M | 9.2M |
| Non Operating Expenses | 3.0M | 1.6M | 1.3M | 1.5M | 701,500 | 391,500 | 358,700 | 116,000 | 811,400 | 1.3M | 4.1M | 2.0M | 976,800 | 2.6M |
| Investment Income | -7.7M | 7.9M | 34.7M | 24.9M | 12.2M | 43.5M | 79.6M | 42.7M | 8.5M | 14.0M | 9.8M | 6.5M | 6.4M | 1.1M |
| Fair Value Change Income | 7.7M | 6.6M | -5.0M | -49.7M | -10.5M | 138,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 160,000 | 37.6M | 759,700 | 629,700 | 246,600 | -167,400 | -132,900 | 242,000 | 48,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 107.0M | 98.9M | 483.0M | 100.0M | 75.9M | 58.8M | 60.1M | 44.8M | 60.5M | 87.1M | 84.4M | 51.1M | 45.2M | 32.5M |
| Other Income | 18.6M | 32.4M | 11.3M | 10.6M | 57.7M | 11.4M | 22.0M | 26.2M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -98.4M | 35.1M | -392.0M | 93.8M | 327.0M | 382.0M | 320.0M | 316.0M | 271.0M | 283.0M | 261.0M | 287.0M | 298.0M | 245.0M |
| Income Tax | 33.8M | 5.2M | -5.3M | 20.0M | 87.3M | 54.1M | 39.3M | 43.2M | 34.5M | 39.4M | 31.9M | 35.4M | 49.9M | 33.1M |
| Net Income | -132.0M | 29.8M | -387.0M | 73.7M | 240.0M | 328.0M | 281.0M | 273.0M | 236.0M | 244.0M | 229.0M | 252.0M | 248.0M | 212.0M |
| Net Margin % | -6.5% | 1.4% | -17.1% | 2.4% | 6.7% | 13.5% | 17.0% | 19.2% | 19.6% | 19.9% | 19.5% | 22.1% | 24.6% | 25.6% |
| Net Income Attributable | -124.0M | 46.8M | -355.0M | 69.7M | 198.0M | 303.0M | 281.0M | 273.0M | 236.0M | 244.0M | 229.0M | 252.0M | 248.0M | 212.0M |
| Minority Interest | -8.3M | -16.9M | -32.2M | 4.0M | 42.3M | 25.0M | -144,200 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.32 | 0.12 | -0.92 | 0.18 | 0.50 | 0.76 | 0.70 | 0.71 | 1.10 | 1.14 | 1.07 | 1.18 | 1.17 | 1.01 |
| Eps Diluted | -0.32 | 0.12 | -0.92 | 0.18 | 0.50 | 0.76 | 0.70 | 0.71 | 1.10 | -- | -- | -- | -- | -- |
| 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 | 270.0M | 383.0M | 430.0M | 632.0M | 841.0M | 560.0M | 454.0M | 347.0M | 110.0M | 44.2M | 106.0M | 183.0M | 79.7M | 185.0M |
| Trading Financial Assets | 294.0M | 129.0M | 196.0M | 80.0M | 332.0M | 96.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 126.0M | 193.0M | 227.0M | 296.0M | 319.0M | 193.0M | 136.0M | 104.0M | 93.0M | 114.0M | 138.0M | 94.2M | 108.0M | 56.0M |
| Notes Receivable | -- | -- | -- | -- | -- | 863,200 | -- | -- | -- | -- | -- | 32.6M | 200,000 | 17.5M |
| Notes And Accounts Receivable | 126.0M | 193.0M | 227.0M | 296.0M | 319.0M | 194.0M | 136.0M | 104.0M | 93.0M | 114.0M | 138.0M | 127.0M | 108.0M | 73.5M |
| Prepayments | 64.4M | 16.1M | 21.6M | 80.6M | 29.1M | 55.9M | 44.4M | 14.8M | 8.6M | 9.9M | 20.9M | 18.6M | 56.5M | 11.3M |
| Inventory | 741.0M | 619.0M | 769.0M | 915.0M | 1.3B | 1.1B | 791.0M | 474.0M | 381.0M | 404.0M | 359.0M | 285.0M | 255.0M | 241.0M |
| Total Current Assets | 1.6B | 1.5B | 1.9B | 2.3B | 3.0B | 2.3B | 2.3B | 2.2B | 905.0M | 754.0M | 689.0M | 760.0M | 641.0M | 519.0M |
| Long Term Equity Investment | 71.2M | 82.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 16.0M | 16.0M |
| Fixed Assets | -- | 428.0M | 459.0M | 482.0M | 511.0M | 516.0M | 525.0M | 548.0M | 544.0M | 483.0M | 203.0M | 221.0M | 191.0M | 199.0M |
| Fixed Assets Total | 404.0M | 428.0M | 459.0M | 482.0M | 511.0M | 516.0M | 525.0M | 548.0M | 544.0M | 483.0M | 203.0M | 221.0M | 191.0M | 199.0M |
| Construction In Progress | -- | -- | -- | -- | -- | 23.9M | 26.1M | 28.2M | 45.6M | 96.2M | 340.0M | 112.0M | 14.9M | 586,900 |
| Construction In Progress Total | -- | -- | -- | -- | -- | 23.9M | 26.1M | 28.2M | 45.6M | 96.2M | 340.0M | 112.0M | 14.9M | 586,900 |
| Intangible Assets | 58.9M | 61.8M | 67.3M | 66.7M | 71.4M | 60.7M | 65.0M | 69.9M | 73.8M | 78.3M | 81.5M | 69.1M | 35.4M | 5.2M |
| Long Term Deferred Expenses | 27.1M | 36.1M | 30.3M | 33.5M | 42.5M | 30.9M | 43.6M | 33.2M | 8.0M | 9.6M | 23.7M | 37.9M | 20.5M | 13.0M |
| Total Non Current Assets | 1.1B | 1.2B | 1.2B | 1.7B | 1.7B | 1.7B | 1.4B | 979.0M | 880.0M | 872.0M | 787.0M | 516.0M | 316.0M | 266.0M |
| Total Assets | 2.7B | 2.7B | 3.1B | 3.9B | 4.7B | 4.0B | 3.7B | 3.2B | 1.8B | 1.6B | 1.5B | 1.3B | 957.0M | 785.0M |
| Short Term Borrowings | 188.0M | 47.7M | -- | 109.0M | 769.0M | 277.0M | 19.0M | -- | 66.0M | 70.0M | -- | -- | -- | -- |
| Accounts Payable | 166.0M | 165.0M | 221.0M | 276.0M | 276.0M | 228.0M | 171.0M | 164.0M | 122.0M | 115.0M | 137.0M | 88.2M | 56.7M | 40.4M |
| Advance Receipts | 525,000 | 6.2M | -- | -- | -- | 66.6M | 66.1M | 31.0M | 34.6M | 56.5M | 68.1M | 96.8M | 56.5M | 88.4M |
| Contract Liabilities | 70.0M | 78.0M | 75.3M | 100.0M | 111.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 704.0M | 586.0M | 664.0M | 920.0M | 1.6B | 895.0M | 587.0M | 460.0M | 394.0M | 398.0M | 383.0M | 346.0M | 229.0M | 224.0M |
| Total Non Current Liabilities | 66.6M | 79.2M | 90.2M | 90.1M | 64.2M | 155.0M | 314.0M | 120.0M | 109.0M | 85.5M | 98.1M | 56.9M | 31.4M | 21.1M |
| Total Liabilities | 771.0M | 665.0M | 755.0M | 1.0B | 1.7B | 1.1B | 901.0M | 580.0M | 502.0M | 483.0M | 481.0M | 403.0M | 260.0M | 246.0M |
| Paid In Capital | 399.0M | 399.0M | 400.0M | 400.0M | 400.0M | 402.0M | 404.0M | 289.0M | 214.0M | 214.0M | 214.0M | 214.0M | 153.0M | 50.5M |
| Capital Reserve | 950.0M | 974.0M | 958.0M | 958.0M | 958.0M | 971.0M | 1.0B | 1.1B | 5.2M | 5.2M | 5.2M | 5.2M | 5.2M | 2.8M |
| Surplus Reserve | 200.0M | 200.0M | 200.0M | 200.0M | 193.0M | 185.0M | 161.0M | 131.0M | 107.0M | 107.0M | 107.0M | 107.0M | 80.2M | 52.8M |
| Retained Earnings | 392.0M | 560.0M | 667.0M | 1.2B | 1.3B | 1.3B | 1.2B | 1.1B | 956.0M | 816.0M | 668.0M | 547.0M | 459.0M | 433.0M |
| Minority Equity | 31.8M | 18.3M | 231.0M | 269.0M | 285.0M | 93.9M | 46.7M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 2.0B | 2.1B | 2.6B | 2.7B | 2.8B | 2.7B | 2.6B | 1.3B | 1.1B | 995.0M | 873.0M | 697.0M | 539.0M |
| Total Equity | 1.9B | 2.1B | 2.3B | 2.9B | 3.0B | 2.9B | 2.8B | 2.6B | 1.3B | 1.1B | 995.0M | 873.0M | 697.0M | 539.0M |
| 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 | 2.1B | 2.3B | 2.5B | 3.2B | 3.6B | 2.6B | 1.9B | 1.6B | 1.4B | 1.3B | 1.4B | 1.4B | 1.1B | 1.0B |
| Tax Refunds Received | -- | -- | 91,300 | -- | -- | 4.00 | -- | -- | 2.1M | 604,800 | 17,900 | 50,000 | 62,500 | 1.0M |
| Total Operating Cash Inflow | 2.3B | 2.5B | 2.8B | 3.5B | 3.7B | 2.7B | 1.9B | 1.7B | 1.4B | 1.4B | 1.4B | 1.4B | 1.2B | 1.0B |
| Cash Paid For Goods | 1.4B | 1.3B | 1.6B | 1.7B | 2.2B | 1.5B | 955.0M | 591.0M | 389.0M | 437.0M | 484.0M | 425.0M | 438.0M | 431.0M |
| Cash Paid To Employees | 432.0M | 493.0M | 504.0M | 611.0M | 522.0M | 483.0M | 445.0M | 385.0M | 326.0M | 310.0M | 272.0M | 250.0M | 202.0M | 137.0M |
| Taxes Paid | 66.0M | 122.0M | 163.0M | 238.0M | 215.0M | 294.0M | 189.0M | 175.0M | 195.0M | 211.0M | 200.0M | 183.0M | 188.0M | 147.0M |
| Total Operating Cash Outflow | 2.3B | 2.3B | 2.6B | 3.0B | 3.3B | 2.7B | 1.8B | 1.4B | 1.1B | 1.1B | 1.2B | 1.0B | 990.0M | 844.0M |
| Operating Cash Flow | -42.3M | 193.0M | 258.0M | 540.0M | 369.0M | 11.0M | 95.1M | 317.0M | 339.0M | 265.0M | 213.0M | 358.0M | 165.0M | 199.0M |
| Total Investing Cash Inflow | 424.0M | 252.0M | 153.0M | 661.0M | 900.0M | 2.1B | 2.9B | 3.6B | 1.2B | 489.0M | 396.0M | 146.0M | 6.4M | 11.3M |
| Total Investing Cash Outflow | 570.0M | 246.0M | 297.0M | 478.0M | 984.0M | 2.0B | 2.8B | 4.7B | 1.4B | 762.0M | 574.0M | 339.0M | 199.0M | 68.5M |
| Investing Cash Flow | -146.0M | 6.0M | -144.0M | 182.0M | -83.9M | 108.0M | 127.0M | -1.0B | -187.0M | -273.0M | -178.0M | -193.0M | -193.0M | -57.3M |
| Cash From Borrowings | 339.0M | 77.6M | -- | 258.0M | 1.3B | 569.0M | -- | -- | 131.0M | 435.0M | 29.9M | -- | -- | 500,000 |
| Dividends And Interest Paid | 44.8M | 196.0M | 198.0M | 162.0M | 313.0M | 142.0M | 146.0M | 132.0M | 83.6M | 122.0M | 114.0M | 61.6M | 80.8M | 39,700 |
| Debt Repayments | 199.0M | 29.9M | 230.0M | 906.0M | 836.0M | 310.0M | 15.0M | 66.0M | 135.0M | 365.0M | 29.9M | -- | -- | 15.5M |
| Total Financing Cash Inflow | 340.0M | 112.0M | 100.0M | 258.0M | 1.4B | 578.0M | 9.5M | 1.2B | 131.0M | 435.0M | 29.9M | -- | 4.0M | 3.8M |
| Total Financing Cash Outflow | 302.0M | 310.0M | 489.0M | 1.2B | 1.3B | 654.0M | 165.0M | 207.0M | 219.0M | 487.0M | 144.0M | 61.6M | 80.8M | 15.5M |
| Financing Cash Flow | 38.7M | -198.0M | -389.0M | -926.0M | 99.7M | -75.5M | -155.0M | 969.0M | -87.6M | -52.2M | -114.0M | -61.6M | -76.8M | -11.7M |
| Net Change In Cash | -154.0M | -1.5M | -265.0M | -206.0M | 380.0M | 42.9M | 67.5M | 237.0M | 65.5M | -59.9M | -79.0M | 103.0M | -105.0M | 131.0M |
| Ending Cash Balance | 210.0M | 364.0M | 366.0M | 631.0M | 837.0M | 457.0M | 415.0M | 347.0M | 110.0M | 44.1M | 104.0M | 183.0M | 79.6M | 184.0M |
| Capex | 35.1M | 68.9M | 41.9M | 42.2M | 74.3M | 63.3M | 79.0M | 63.0M | 67.3M | 173.0M | 252.0M | 221.0M | 74.1M | 52.5M |