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 | 3.3B | 2.9B | 2.9B | 3.5B | 2.8B | 2.7B | 1.9B | 1.8B | 1.4B | 1.1B | 1.1B | 1.0B | 833.0M | 727.0M |
| Revenue Growth % | 12.1% | 0.5% | -17.7% | 26.4% | 4.4% | 36.9% | 10.7% | 30.3% | 19.6% | 7.2% | 5.2% | 20.3% | 14.6% | -- |
| Total Revenue | 3.3B | 2.9B | 2.9B | 3.5B | 2.8B | 2.7B | 1.9B | 1.8B | 1.4B | 1.1B | 1.1B | 1.0B | 833.0M | 727.0M |
| Cost Of Revenue | 3.0B | 2.6B | 2.4B | 2.9B | 2.2B | 2.1B | 1.6B | 1.5B | 1.1B | 901.0M | 835.0M | 785.0M | 635.0M | 582.0M |
| Gross Profit | 259.0M | 284.0M | 470.0M | 659.0M | 581.0M | 537.0M | 366.0M | 309.0M | 228.0M | 229.0M | 219.0M | 217.0M | 198.0M | 145.0M |
| Gross Margin % | 7.9% | 9.7% | 16.2% | 18.7% | 20.9% | 20.1% | 18.8% | 17.6% | 16.9% | 20.3% | 20.8% | 21.7% | 23.8% | 19.9% |
| Total Operating Cost | 3.5B | 3.5B | 2.8B | 3.3B | 2.5B | 2.5B | 1.8B | 1.7B | 1.3B | 1.1B | 991.0M | 924.0M | 757.0M | 674.0M |
| Selling Expenses | 78.6M | 70.6M | 56.9M | 62.3M | 43.1M | 61.0M | 40.1M | 45.7M | 37.8M | 31.1M | 32.2M | 28.0M | 23.6M | 16.8M |
| Admin Expenses | 129.0M | 119.0M | 100.0M | 93.6M | 89.0M | 99.7M | 90.2M | 66.6M | 116.0M | 108.0M | 94.3M | 85.8M | 70.0M | 58.8M |
| Rd Expenses | 142.0M | 133.0M | 131.0M | 143.0M | 120.0M | 108.0M | 94.0M | 82.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 44.0M | 30.5M | 24.0M | 46.3M | 43.2M | 34.5M | 26.2M | 24.7M | 14.6M | 17.8M | 14.9M | 13.3M | 10.7M | 12.0M |
| Operating Income | -200.0M | -587.0M | 94.7M | 271.0M | 285.0M | 227.0M | 135.0M | 70.1M | 44.0M | 51.2M | 62.5M | 77.3M | 76.3M | 52.4M |
| Operating Margin % | -6.1% | -20.2% | 3.3% | 7.7% | 10.2% | 8.5% | 6.9% | 4.0% | 3.3% | 4.5% | 5.9% | 7.7% | 9.2% | 7.2% |
| Non Operating Income | 1.9M | 759,400 | 1.3M | 6.8M | 399,400 | 4.3M | 113,300 | 1.5M | 12.8M | 19.9M | 14.7M | 4.0M | 9.3M | 7.6M |
| Non Operating Expenses | 8.0M | 3.4M | 1.5M | 934,000 | 1.3M | 391,100 | 558,200 | 904,700 | 448,300 | 295,700 | 1.9M | 715,900 | 1.4M | 967,500 |
| Investment Income | 22.4M | 7.2M | -779,000 | 15.4M | 5.9M | -984,800 | 3.5M | 240,100 | 237,300 | 280,500 | -- | -- | -- | 12,200 |
| Fair Value Change Income | -5.8M | 5.4M | -- | -- | 568,500 | -- | -- | -- | -- | -- | -- | -- | -- | -5,700 |
| Asset Disposal Income | -674,300 | -1.7M | -343,900 | -206,400 | -2.6M | -2.7M | -968,200 | -3.3M | -1.1M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 107.0M | 538.0M | 66.6M | 52.5M | 10.1M | 9.8M | -13.6M | 17.0M | 4.0M | 12.0M | 8.8M | 5.9M | 12.7M | 2.1M |
| Other Income | 49.0M | 35.9M | 32.6M | 23.9M | 28.9M | 22.0M | 13.8M | 12.8M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -206.0M | -590.0M | 94.5M | 277.0M | 284.0M | 231.0M | 134.0M | 70.8M | 56.4M | 70.9M | 75.3M | 80.6M | 84.2M | 59.0M |
| Income Tax | 30.5M | -23.8M | 11.5M | 27.0M | 36.3M | 29.5M | 9.3M | 5.5M | 3.0M | 9.9M | 6.1M | 9.5M | 11.0M | 7.7M |
| Net Income | -236.0M | -566.0M | 83.0M | 250.0M | 248.0M | 202.0M | 125.0M | 65.2M | 53.4M | 61.0M | 69.2M | 71.1M | 73.2M | 51.3M |
| Net Margin % | -7.2% | -19.4% | 2.9% | 7.1% | 8.9% | 7.6% | 6.4% | 3.7% | 4.0% | 5.4% | 6.6% | 7.1% | 8.8% | 7.1% |
| Net Income Attributable | -236.0M | -566.0M | 80.9M | 243.0M | 248.0M | 202.0M | 125.0M | 65.2M | 53.4M | 61.0M | 69.2M | 71.1M | 73.2M | 51.3M |
| Minority Interest | -294,300 | -11,500 | 2.1M | 6.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.38 | -0.95 | 0.16 | 0.48 | 0.55 | 0.46 | 0.46 | 0.39 | 0.32 | 0.49 | 0.55 | 0.57 | 0.58 | 0.42 |
| Eps Diluted | -0.38 | -0.95 | 0.16 | 0.48 | 0.55 | 0.46 | 0.46 | 0.39 | 0.32 | 0.49 | 0.55 | 0.57 | 0.58 | 0.42 |
| 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 | 814.0M | 395.0M | 484.0M | 597.0M | 503.0M | 504.0M | 308.0M | 158.0M | 97.2M | 287.0M | 100.0M | 99.2M | 97.9M | 72.7M |
| Trading Financial Assets | -- | 20.4M | -- | 10.0M | 416.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.3B | 1.1B | 1.2B | 1.2B | 865.0M | 773.0M | 505.0M | 398.0M | 301.0M | 335.0M | 229.0M | 228.0M | 209.0M | 142.0M |
| Notes Receivable | 239.0M | 81.3M | 40.7M | 98.9M | 85.1M | 28.6M | 163.0M | 205.0M | 103.0M | 45.6M | 7.4M | 72.1M | 27.1M | 29.2M |
| Notes And Accounts Receivable | 1.6B | 1.2B | 1.2B | 1.3B | 950.0M | 802.0M | 668.0M | 603.0M | 405.0M | 380.0M | 236.0M | 300.0M | 236.0M | 171.0M |
| Prepayments | 56.6M | 33.1M | 18.5M | 23.5M | 40.0M | 1.7M | 6.9M | 1.9M | 9.9M | 3.9M | 3.4M | 1.4M | 128,300 | 1.8M |
| Inventory | 541.0M | 507.0M | 489.0M | 532.0M | 374.0M | 385.0M | 344.0M | 320.0M | 250.0M | 166.0M | 151.0M | 146.0M | 109.0M | 83.1M |
| Total Current Assets | 3.6B | 3.1B | 2.4B | 2.7B | 2.6B | 1.9B | 1.4B | 1.2B | 815.0M | 882.0M | 522.0M | 567.0M | 453.0M | 336.0M |
| Long Term Equity Investment | 9.1M | 8.8M | 14.1M | 107.0M | 141.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 2.4B | -- | -- | -- | -- | 1.1B | 987.0M | 808.0M | 756.0M | 691.0M | 466.0M | 413.0M | 295.0M |
| Fixed Assets Total | 2.7B | 2.4B | 2.1B | 1.5B | 1.3B | 1.2B | 1.1B | 987.0M | 808.0M | 756.0M | 691.0M | 466.0M | 413.0M | 295.0M |
| Construction In Progress | -- | 1.2B | -- | -- | -- | -- | 89.1M | 87.7M | 165.0M | 52.0M | 57.0M | 120.0M | 37.7M | 9.8M |
| Construction In Progress Total | 1.5B | 1.2B | 795.0M | 503.0M | 276.0M | 88.6M | 89.1M | 87.7M | 165.0M | 52.0M | 57.0M | 120.0M | 37.7M | 9.8M |
| Intangible Assets | 109.0M | 96.4M | 96.8M | 94.8M | 97.7M | 36.0M | 39.8M | 29.1M | 30.5M | 30.5M | 32.2M | 31.0M | 31.7M | 3.9M |
| Long Term Deferred Expenses | 61.8M | 63.2M | 67.2M | 11.2M | 13.7M | 25.6M | 18.8M | 7.6M | 3.5M | 3.0M | 2.2M | 1.7M | -- | -- |
| Total Non Current Assets | 5.5B | 4.9B | 4.5B | 3.8B | 3.0B | 2.5B | 2.4B | 1.2B | 1.1B | 903.0M | 818.0M | 649.0M | 498.0M | 348.0M |
| Total Assets | 9.0B | 8.0B | 6.9B | 6.6B | 5.6B | 4.5B | 3.8B | 2.4B | 1.9B | 1.8B | 1.3B | 1.2B | 951.0M | 684.0M |
| Short Term Borrowings | 1.2B | 764.0M | 769.0M | 660.0M | 379.0M | 520.0M | 398.0M | 320.0M | 223.0M | 195.0M | 175.0M | 175.0M | 106.0M | 73.7M |
| Accounts Payable | 1.1B | 989.0M | 953.0M | 755.0M | 643.0M | 673.0M | 542.0M | 603.0M | 460.0M | 387.0M | 378.0M | 365.0M | 272.0M | 189.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.6M | 6.3M | 3.8M | 4.3M | 4.1M | 3.9M | 7.1M | 3.8M | 5.5M |
| Contract Liabilities | 6.3M | 6.9M | 7.4M | 3.2M | 6.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.3B | 2.3B | 2.4B | 2.5B | 1.6B | 1.7B | 1.4B | 1.3B | 906.0M | 787.0M | 733.0M | 682.0M | 530.0M | 328.0M |
| Long Term Borrowings | 1.3B | 886.0M | 592.0M | 246.0M | 289.0M | 191.0M | 49.6M | 49.8M | 49.9M | 57.4M | 42.0M | 45.0M | 1.1M | 7.7M |
| Total Non Current Liabilities | 1.5B | 1.1B | 812.0M | 464.0M | 422.0M | 319.0M | 112.0M | 107.0M | 82.8M | 109.0M | 79.0M | 75.2M | 33.6M | 42.0M |
| Total Liabilities | 4.8B | 3.4B | 3.2B | 2.9B | 2.1B | 2.0B | 1.6B | 1.4B | 988.0M | 896.0M | 812.0M | 757.0M | 563.0M | 370.0M |
| Paid In Capital | 630.0M | 638.0M | 511.0M | 511.0M | 511.0M | 315.0M | 225.0M | 167.0M | 167.0M | 167.0M | 125.0M | 125.0M | 125.0M | 125.0M |
| Capital Reserve | 3.3B | 3.4B | 2.0B | 2.0B | 2.0B | 1.4B | 1.5B | 344.0M | 343.0M | 343.0M | 84.8M | 84.8M | 84.8M | 84.8M |
| Surplus Reserve | 76.0M | 76.0M | 76.0M | 72.1M | 69.0M | 60.3M | 55.2M | 48.5M | 38.9M | 32.1M | 24.9M | 17.6M | 10.4M | 3.0M |
| Retained Earnings | 358.0M | 607.0M | 1.2B | 1.1B | 928.0M | 711.0M | 537.0M | 430.0M | 385.0M | 346.0M | 293.0M | 231.0M | 167.0M | 101.0M |
| Minority Equity | 5.0M | 5.3M | -- | 16.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 4.3B | 4.6B | 3.7B | 3.6B | 3.5B | 2.5B | 2.3B | 990.0M | 934.0M | 889.0M | 528.0M | 459.0M | 387.0M | 314.0M |
| Total Equity | 4.3B | 4.6B | 3.7B | 3.6B | 3.5B | 2.5B | 2.3B | 990.0M | 934.0M | 889.0M | 528.0M | 459.0M | 387.0M | 314.0M |
| 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 | 3.0B | 2.5B | 2.3B | 2.8B | 2.3B | 1.9B | 1.7B | 1.4B | 1.3B | 943.0M | 984.0M | 882.0M | 716.0M | 672.0M |
| Tax Refunds Received | 153.0M | 21.3M | 78.0M | 56.1M | 24.9M | 17.7M | 4.1M | 10.2M | 4.3M | 7.8M | 20.9M | 20.1M | 13.5M | 199,100 |
| Total Operating Cash Inflow | 3.4B | 2.8B | 2.7B | 3.2B | 2.7B | 2.2B | 1.7B | 1.4B | 1.3B | 971.0M | 1.0B | 908.0M | 744.0M | 683.0M |
| Cash Paid For Goods | 2.1B | 1.8B | 1.6B | 2.1B | 1.7B | 1.3B | 1.1B | 806.0M | 869.0M | 611.0M | 581.0M | 581.0M | 380.0M | 412.0M |
| Cash Paid To Employees | 575.0M | 547.0M | 483.0M | 447.0M | 377.0M | 341.0M | 302.0M | 276.0M | 249.0M | 222.0M | 191.0M | 158.0M | 124.0M | 97.4M |
| Taxes Paid | 158.0M | 148.0M | 106.0M | 49.6M | 66.4M | 36.4M | 68.2M | 73.5M | 49.2M | 60.1M | 47.5M | 31.8M | 38.2M | 32.2M |
| Total Operating Cash Outflow | 3.2B | 2.7B | 2.5B | 2.9B | 2.6B | 2.0B | 1.5B | 1.2B | 1.2B | 951.0M | 859.0M | 808.0M | 575.0M | 563.0M |
| Operating Cash Flow | 164.0M | 31.5M | 203.0M | 273.0M | 71.1M | 236.0M | 174.0M | 176.0M | 47.9M | 19.6M | 168.0M | 100.0M | 169.0M | 120.0M |
| Total Investing Cash Inflow | 2.4B | 260.0M | 331.0M | 1.4B | 304.0M | 303.0M | 283.0M | 2.3M | 15.5M | 4.3M | 2.0M | 5.4M | 8.5M | 23.5M |
| Total Investing Cash Outflow | 3.0B | 1.9B | 1.1B | 1.7B | 1.2B | 637.0M | 419.0M | 181.0M | 223.0M | 184.0M | 172.0M | 196.0M | 141.0M | 114.0M |
| Investing Cash Flow | -587.0M | -1.6B | -779.0M | -267.0M | -851.0M | -334.0M | -136.0M | -179.0M | -207.0M | -180.0M | -170.0M | -190.0M | -132.0M | -90.7M |
| Cash From Borrowings | 1.9B | 1.4B | 1.5B | 905.0M | 779.0M | 721.0M | 568.0M | 548.0M | 368.0M | 267.0M | 229.0M | 149.0M | 118.0M | 210.0M |
| Dividends And Interest Paid | 93.2M | 82.6M | 65.1M | 66.0M | 58.6M | 55.5M | 33.2M | 26.0M | 19.0M | 12.4M | 15.6M | 11.2M | 8.9M | 10.5M |
| Debt Repayments | 1.0B | 1.2B | 893.0M | 641.0M | 715.0M | 435.0M | 527.0M | 461.0M | 355.0M | 230.0M | 220.0M | 34.4M | 110.0M | 209.0M |
| Total Financing Cash Inflow | 2.0B | 2.9B | 1.5B | 923.0M | 1.6B | 767.0M | 671.0M | 558.0M | 394.0M | 739.0M | 241.0M | 152.0M | 118.0M | 262.0M |
| Total Financing Cash Outflow | 1.3B | 1.4B | 1.0B | 855.0M | 815.0M | 501.0M | 572.0M | 502.0M | 402.0M | 413.0M | 253.0M | 58.6M | 155.0M | 231.0M |
| Financing Cash Flow | 718.0M | 1.5B | 473.0M | 67.4M | 807.0M | 265.0M | 99.1M | 56.3M | -8.1M | 326.0M | -11.5M | 93.6M | -37.3M | 30.6M |
| Net Change In Cash | 304.0M | -96.7M | -80.1M | 62.1M | 4.5M | 173.0M | 136.0M | 53.7M | -167.0M | 166.0M | -12.6M | 2.1M | -738,100 | 59.6M |
| Ending Cash Balance | 617.0M | 312.0M | 409.0M | 489.0M | 427.0M | 423.0M | 250.0M | 113.0M | 59.4M | 226.0M | 59.7M | 72.3M | 70.2M | 70.9M |
| Capex | 1.1B | 996.0M | 792.0M | 639.0M | 306.0M | 183.0M | 159.0M | 151.0M | 193.0M | 174.0M | 172.0M | 195.0M | 138.0M | 113.0M |