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 | 6.1B | 6.8B | 6.7B | 6.3B | 6.0B | 5.6B | 4.8B | 4.1B | 3.3B | 2.6B | 2.1B | 1.8B | 1.5B | 1.2B |
| Revenue Growth % | -9.9% | 1.1% | 5.5% | 6.2% | 5.7% | 16.8% | 18.5% | 23.4% | 29.0% | 24.5% | 17.1% | 15.1% | 27.8% | -- |
| Total Revenue | 6.1B | 6.8B | 6.7B | 6.3B | 6.0B | 5.6B | 4.8B | 4.1B | 3.3B | 2.6B | 2.1B | 1.8B | 1.5B | 1.2B |
| Cost Of Revenue | 4.7B | 5.2B | 5.1B | 4.7B | 4.2B | 3.4B | 2.9B | 2.5B | 2.1B | 1.7B | 1.4B | 1.1B | 978.0M | 803.0M |
| Gross Profit | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B | 2.2B | 1.9B | 1.5B | 1.2B | 894.0M | 684.0M | 612.0M | 550.0M | 393.0M |
| Gross Margin % | 23.4% | 22.8% | 24.0% | 26.3% | 30.0% | 39.6% | 39.7% | 37.7% | 36.1% | 34.9% | 33.2% | 34.8% | 36.0% | 32.9% |
| Total Operating Cost | 5.4B | 6.0B | 5.9B | 5.4B | 4.9B | 4.8B | 4.1B | 3.4B | 2.8B | 2.1B | 1.7B | 1.4B | 1.2B | 1.0B |
| Selling Expenses | 482.0M | 549.0M | 543.0M | 552.0M | 524.0M | 1.2B | 999.0M | 757.0M | 549.0M | 360.0M | 260.0M | 213.0M | 200.0M | 151.0M |
| Admin Expenses | 136.0M | 138.0M | 131.0M | 111.0M | 100.0M | 102.0M | 88.8M | 77.0M | 67.6M | 65.6M | 56.8M | 52.1M | 47.8M | 32.7M |
| Rd Expenses | 23.0M | 33.7M | 31.6M | 20.6M | 11.3M | 8.8M | 5.7M | 5.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 32.5M | 25.6M | 11.5M | -10.7M | 22.1M | 3.5M | -10.4M | -4.3M | -4.6M | 2.6M | -1.3M | 535,000 | 4.0M | 4.6M |
| Operating Income | 693.0M | 733.0M | 812.0M | 970.0M | 1.1B | 863.0M | 824.0M | 652.0M | 537.0M | 439.0M | 347.0M | 328.0M | 282.0M | 194.0M |
| Operating Margin % | 11.4% | 10.8% | 12.1% | 15.3% | 18.9% | 15.3% | 17.0% | 16.0% | 16.2% | 17.1% | 16.9% | 18.7% | 18.5% | 16.2% |
| Non Operating Income | 20.7M | 18.9M | 17.0M | 17.7M | 16.1M | 13.8M | 10.0M | 9.2M | 25.8M | 11.2M | 6.2M | 7.5M | 8.0M | 3.3M |
| Non Operating Expenses | 13.3M | 10.0M | 13.4M | 4.6M | 5.1M | 3.1M | 9.7M | 3.4M | 3.2M | 2.6M | 1.4M | 1.0M | 1.8M | 1.8M |
| Investment Income | 15.5M | 4.6M | -25.8M | 3.0M | 17.3M | 23.8M | 30.5M | -2.1M | 996,200 | -- | -- | -- | -- | -- |
| Fair Value Change Income | 317,100 | 2.4M | 8.3M | 17.3M | 16.7M | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2.7M | 167,200 | 2.3M | -223,000 | -231,900 | -417,500 | -4.0M | -159,100 | -2.8M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- | -- | 10.4M | 4.9M | 3.2M | 2.5M | 1.1M | 221,100 | 553,000 | 828,700 |
| Other Income | 13.1M | 13.5M | 25.0M | 30.0M | 36.4M | 14.5M | 36.7M | 10.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 700.0M | 742.0M | 816.0M | 983.0M | 1.1B | 874.0M | 824.0M | 658.0M | 560.0M | 447.0M | 352.0M | 334.0M | 288.0M | 196.0M |
| Income Tax | 178.0M | 168.0M | 176.0M | 219.0M | 255.0M | 190.0M | 182.0M | 145.0M | 124.0M | 100.0M | 78.9M | 79.9M | 73.3M | 49.7M |
| Net Income | 522.0M | 574.0M | 640.0M | 763.0M | 883.0M | 683.0M | 642.0M | 513.0M | 436.0M | 347.0M | 273.0M | 255.0M | 215.0M | 146.0M |
| Net Margin % | 8.6% | 8.5% | 9.6% | 12.0% | 14.8% | 12.1% | 13.3% | 12.6% | 13.2% | 13.5% | 13.3% | 14.5% | 14.1% | 12.2% |
| Net Income Attributable | 522.0M | 574.0M | 640.0M | 763.0M | 883.0M | 683.0M | 642.0M | 513.0M | 436.0M | 347.0M | 273.0M | 255.0M | 215.0M | 146.0M |
| Eps Basic | 0.33 | 0.36 | 0.40 | 0.57 | 0.95 | 1.04 | 0.97 | 1.14 | 0.97 | 0.86 | 0.67 | 0.63 | 0.53 | 0.97 |
| Eps Diluted | 0.33 | 0.36 | 0.39 | 0.57 | 0.95 | 1.04 | 0.97 | 1.14 | 0.97 | 0.86 | 0.67 | 0.63 | 0.53 | 0.97 |
| 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 | 193.0M | 174.0M | 279.0M | 339.0M | 715.0M | 1.1B | 1.4B | 1.4B | 453.0M | 741.0M | 111.0M | 173.0M | 138.0M | 91.7M |
| Trading Financial Assets | 50.2M | 30.0M | 301.0M | 551.0M | 972.0M | 277.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 379.0M | 473.0M | 502.0M | 507.0M | 492.0M | 493.0M | 429.0M | 332.0M | 280.0M | 233.0M | 192.0M | 146.0M | 132.0M | 115.0M |
| Notes Receivable | 2.0M | -- | -- | 5.3M | -- | -- | -- | -- | -- | -- | 80,000 | -- | -- | 450,000 |
| Notes And Accounts Receivable | 381.0M | 473.0M | 502.0M | 512.0M | 492.0M | 493.0M | 429.0M | 332.0M | 280.0M | 233.0M | 192.0M | 146.0M | 132.0M | 116.0M |
| Prepayments | 19.6M | 28.1M | 30.8M | 24.6M | 25.6M | 23.0M | 21.8M | 33.8M | 19.9M | 11.6M | 8.8M | 7.3M | 7.8M | 15.1M |
| Inventory | 136.0M | 169.0M | 202.0M | 173.0M | 138.0M | 131.0M | 110.0M | 98.0M | 83.5M | 64.6M | 55.5M | 51.4M | 46.7M | 52.5M |
| Total Current Assets | 1.0B | 962.0M | 1.5B | 1.7B | 2.4B | 2.6B | 2.0B | 1.9B | 943.0M | 1.1B | 379.0M | 383.0M | 329.0M | 280.0M |
| Fixed Assets | -- | 3.7B | 2.8B | 2.2B | 1.8B | 1.5B | 1.3B | 1.1B | 984.0M | 769.0M | 483.0M | 453.0M | 437.0M | 327.0M |
| Fixed Assets Total | 4.6B | 3.7B | 2.8B | 2.2B | 1.8B | 1.5B | 1.3B | 1.1B | 984.0M | 769.0M | 483.0M | 453.0M | 437.0M | 327.0M |
| Construction In Progress | -- | 763.0M | 1.1B | 1.2B | 611.0M | 274.0M | 140.0M | 160.0M | 83.8M | 73.8M | 186.0M | 33.9M | 1.8M | 38.0M |
| Construction In Progress Total | 332.0M | 763.0M | 1.1B | 1.2B | 611.0M | 274.0M | 140.0M | 160.0M | 83.8M | 73.8M | 186.0M | 33.9M | 1.8M | 38.0M |
| Intangible Assets | 396.0M | 407.0M | 370.0M | 336.0M | 342.0M | 344.0M | 276.0M | 237.0M | 165.0M | 144.0M | 107.0M | 109.0M | 57.1M | 49.1M |
| Long Term Deferred Expenses | 86.0M | 90.7M | 80.6M | 68.7M | 73.2M | 55.0M | 48.4M | 60.9M | 42.1M | 29.8M | 24.4M | 12.4M | 13.4M | 9.9M |
| Total Non Current Assets | 6.1B | 6.1B | 5.2B | 4.3B | 3.3B | 2.6B | 1.9B | 1.7B | 1.4B | 1.1B | 856.0M | 662.0M | 526.0M | 455.0M |
| Total Assets | 7.1B | 7.0B | 6.6B | 6.0B | 5.7B | 5.2B | 3.9B | 3.5B | 2.4B | 2.1B | 1.2B | 1.0B | 855.0M | 735.0M |
| Short Term Borrowings | 164.0M | 53.0M | 101.0M | 200.0M | 205.0M | -- | -- | -- | -- | 50.0M | 20.0M | -- | 30.0M | 71.1M |
| Accounts Payable | 493.0M | 544.0M | 531.0M | 499.0M | 399.0M | 414.0M | 318.0M | 244.0M | 211.0M | 148.0M | 121.0M | 90.9M | 81.1M | 92.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.5M | 1.1M | 1.2M | 604,000 | 641,500 | 275,500 | 195,900 | 209,100 | 3.8M |
| Contract Liabilities | 8.5M | 6.3M | 9.3M | 8.9M | 3.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 1.3B | 1.0B | 1.0B | 849.0M | 599.0M | 488.0M | 358.0M | 296.0M | 270.0M | 197.0M | 137.0M | 146.0M | 203.0M |
| Long Term Borrowings | 565.0M | 662.0M | 300.0M | -- | -- | -- | -- | -- | -- | -- | -- | 3.9M | -- | -- |
| Total Non Current Liabilities | 595.0M | 709.0M | 556.0M | 76.1M | 2.9M | 844.0M | 1.4M | 13.1M | 13.2M | 6.1M | -- | 3.9M | -- | -- |
| Total Liabilities | 1.9B | 2.0B | 1.6B | 1.1B | 852.0M | 1.4B | 489.0M | 371.0M | 309.0M | 276.0M | 197.0M | 141.0M | 146.0M | 203.0M |
| Paid In Capital | 1.6B | 1.6B | 1.3B | 952.0M | 680.0M | 659.0M | 471.0M | 471.0M | 450.0M | 450.0M | 405.0M | 150.0M | 150.0M | 150.0M |
| Capital Reserve | 1.4B | 1.4B | 1.4B | 1.8B | 2.0B | 1.0B | 1.2B | 1.2B | 528.0M | 528.0M | 7.5M | 7.5M | 7.5M | 7.5M |
| Surplus Reserve | 564.0M | 532.0M | 478.0M | 407.0M | 340.0M | 339.0M | 271.0M | 202.0M | 145.0M | 102.0M | 76.3M | 53.7M | 31.4M | 21.3M |
| Retained Earnings | 1.6B | 1.6B | 1.8B | 1.8B | 1.8B | 1.6B | 1.5B | 1.3B | 934.0M | 789.0M | 549.0M | 693.0M | 520.0M | 353.0M |
| Equity Attributable | 5.1B | 5.1B | 5.0B | 4.9B | 4.8B | 3.7B | 3.4B | 3.2B | 2.1B | 1.9B | 1.0B | 904.0M | 709.0M | 532.0M |
| Total Equity | 5.1B | 5.1B | 5.0B | 4.9B | 4.8B | 3.7B | 3.4B | 3.2B | 2.1B | 1.9B | 1.0B | 904.0M | 709.0M | 532.0M |
| 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 | 6.9B | 7.5B | 7.4B | 7.0B | 6.6B | 6.2B | 5.4B | 4.6B | 3.8B | 2.9B | 2.3B | 2.0B | 1.7B | 1.3B |
| Tax Refunds Received | 8.3M | 1.9M | 68.1M | 11.3M | 5.7M | 9.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 6.9B | 7.6B | 7.6B | 7.1B | 6.7B | 6.3B | 5.5B | 4.7B | 3.8B | 3.0B | 2.3B | 2.1B | 1.8B | 1.3B |
| Cash Paid For Goods | 4.2B | 4.7B | 4.7B | 4.2B | 3.8B | 2.9B | 2.5B | 2.2B | 1.8B | 1.4B | 1.2B | 1.0B | 869.0M | 738.0M |
| Cash Paid To Employees | 979.0M | 1.1B | 1.0B | 1.1B | 925.0M | 983.0M | 842.0M | 749.0M | 602.0M | 481.0M | 386.0M | 315.0M | 257.0M | 196.0M |
| Taxes Paid | 606.0M | 802.0M | 614.0M | 691.0M | 703.0M | 658.0M | 641.0M | 537.0M | 443.0M | 344.0M | 279.0M | 251.0M | 228.0M | 135.0M |
| Total Operating Cash Outflow | 5.9B | 6.8B | 6.5B | 6.1B | 5.6B | 5.4B | 4.7B | 4.0B | 3.3B | 2.5B | 2.0B | 1.7B | 1.5B | 1.2B |
| Operating Cash Flow | 998.0M | 811.0M | 1.1B | 1.0B | 1.1B | 888.0M | 803.0M | 653.0M | 519.0M | 427.0M | 319.0M | 319.0M | 250.0M | 176.0M |
| Total Investing Cash Inflow | 301.0M | 411.0M | 1.2B | 2.3B | 4.4B | 2.5B | 3.3B | 496.0M | 680.0M | 578,600 | 227,600 | 492,600 | 7.7M | 557,200 |
| Total Investing Cash Outflow | 757.0M | 1.2B | 2.1B | 2.9B | 5.4B | 4.2B | 3.7B | 814.0M | 1.2B | 316.0M | 258.0M | 197.0M | 128.0M | 169.0M |
| Investing Cash Flow | -456.0M | -803.0M | -920.0M | -675.0M | -999.0M | -1.7B | -362.0M | -318.0M | -514.0M | -315.0M | -258.0M | -197.0M | -121.0M | -169.0M |
| Cash From Borrowings | 530.0M | 733.0M | 709.0M | 302.0M | 205.0M | 40.0M | -- | 90.0M | 20.0M | 90.0M | 20.0M | 54.2M | 81.0M | 74.6M |
| Dividends And Interest Paid | 515.0M | 561.0M | 582.0M | 683.0M | 658.0M | 471.0M | 377.0M | 136.0M | 250.0M | 83.3M | 139.0M | 61.4M | 41.6M | 35.7M |
| Debt Repayments | 525.0M | 270.0M | 300.0M | 297.0M | 9.8M | 40.0M | -- | 90.0M | 70.0M | 60.0M | 3.9M | 80.4M | 122.0M | 57.8M |
| Total Financing Cash Inflow | 530.0M | 733.0M | 709.0M | 302.0M | 205.0M | 1.0B | -- | 811.0M | 20.0M | 664.0M | 20.0M | 54.2M | 81.0M | 75.5M |
| Total Financing Cash Outflow | 1.1B | 856.0M | 916.0M | 1.0B | 670.0M | 568.0M | 377.0M | 228.0M | 320.0M | 153.0M | 143.0M | 142.0M | 164.0M | 93.4M |
| Financing Cash Flow | -527.0M | -123.0M | -207.0M | -715.0M | -466.0M | 456.0M | -377.0M | 583.0M | -300.0M | 512.0M | -123.0M | -87.5M | -82.7M | -18.0M |
| Net Change In Cash | 15.7M | -115.0M | -61.1M | -376.0M | -363.0M | -347.0M | 64.5M | 919.0M | -294.0M | 624.0M | -61.6M | 34.5M | 46.6M | -10.4M |
| Ending Cash Balance | 179.0M | 163.0M | 278.0M | 339.0M | 715.0M | 1.1B | 1.4B | 1.4B | 441.0M | 735.0M | 111.0M | 173.0M | 138.0M | 91.7M |
| Capex | 657.0M | 861.0M | 900.0M | 1.1B | 893.0M | 893.0M | 396.0M | 397.0M | 436.0M | 316.0M | 258.0M | 197.0M | 128.0M | 169.0M |