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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.4B | 2.3B | 2.7B | 3.0B | 2.2B | 2.0B | 2.5B | 2.2B | 1.2B |
| Revenue Growth % | 1.5% | -13.8% | -8.7% | 35.1% | 7.0% | -17.4% | 14.9% | 84.3% | -- |
| Total Revenue | 2.4B | 2.3B | 2.7B | 3.0B | 2.2B | 2.0B | 2.5B | 2.2B | 1.2B |
| Cost Of Revenue | 2.0B | 2.0B | 2.4B | 2.5B | 1.8B | 1.7B | 2.0B | 1.7B | 950.0M |
| Gross Profit | 329.0M | 283.0M | 252.0M | 424.0M | 366.0M | 344.0M | 448.0M | 443.0M | 219.0M |
| Gross Margin % | 13.9% | 12.2% | 9.3% | 14.3% | 16.7% | 16.8% | 18.1% | 20.6% | 18.7% |
| Total Operating Cost | 2.2B | 2.2B | 2.7B | 2.8B | 2.0B | 1.9B | 2.3B | 2.0B | 1.1B |
| Selling Expenses | 29.1M | 30.5M | 28.6M | 27.6M | 22.1M | 63.5M | 69.3M | 65.5M | 40.7M |
| Admin Expenses | 70.9M | 63.1M | 67.9M | 66.5M | 52.4M | 50.1M | 56.6M | 104.0M | 34.9M |
| Rd Expenses | 82.1M | 82.7M | 99.4M | 103.0M | 77.1M | 75.7M | 88.2M | 62.4M | 32.5M |
| Finance Expenses | 252,100 | -9.6M | -4.7M | 2.2M | 11.7M | 21.2M | 32.1M | 33.9M | 26.5M |
| Operating Income | 182.0M | 167.0M | 147.0M | 294.0M | 253.0M | 193.0M | 287.0M | 227.0M | 69.3M |
| Operating Margin % | 7.7% | 7.2% | 5.4% | 9.9% | 11.6% | 9.4% | 11.6% | 10.5% | 5.9% |
| Non Operating Income | 10.3M | 501,200 | 1.2M | 8.2M | 1.1M | 2.7M | 25.4M | 4.3M | 3.3M |
| Non Operating Expenses | 1.5M | 2.6M | 2.0M | 19.3M | 2.9M | 3.7M | 4.9M | 2.0M | 2.3M |
| Investment Income | 1.7M | 2.0M | 5.1M | 4.3M | -- | 1,628 | 1.9M | -855,500 | 160,100 |
| Fair Value Change Income | 803,600 | -- | -- | 8.1M | -- | -- | -- | -- | -- |
| Asset Disposal Income | -4.6M | 138,600 | 6.7M | -390,900 | -351,200 | 348,800 | -332,900 | -1.1M | -39,900 |
| Asset Impairment Loss | 2.6M | 3.6M | 7.3M | 6.7M | 704,000 | 541,900 | -2.8M | 7.6M | 7.7M |
| Other Income | 69.8M | 81.1M | 106.0M | 98.5M | 84.4M | 86.3M | 114.0M | 87.2M | -- |
| Income Before Tax | 191.0M | 165.0M | 147.0M | 283.0M | 252.0M | 192.0M | 308.0M | 229.0M | 70.3M |
| Income Tax | -1.9M | 7.1M | 6.0M | 381,100 | 31.2M | 22.5M | 38.7M | 40.2M | 12.1M |
| Net Income | 193.0M | 158.0M | 141.0M | 282.0M | 220.0M | 170.0M | 269.0M | 189.0M | 58.3M |
| Net Margin % | 8.2% | 6.8% | 5.2% | 9.5% | 10.1% | 8.3% | 10.9% | 8.8% | 5.0% |
| Net Income Attributable | 193.0M | 157.0M | 141.0M | 282.0M | 220.0M | 170.0M | 269.0M | 188.0M | 58.3M |
| Minority Interest | -509,900 | 456,100 | 35,500 | 128,100 | -- | -- | -- | 805,500 | -- |
| Eps Basic | 0.47 | 0.38 | 0.34 | 0.95 | 1.47 | 1.13 | 1.79 | 1.26 | -- |
| Eps Diluted | 0.47 | 0.38 | 0.34 | 0.95 | 1.47 | 1.13 | 1.79 | 1.26 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 239.0M | 495.0M | 427.0M | 231.0M | 868.0M | 37.5M | 83.8M | 133.0M | 152.0M |
| Trading Financial Assets | 211.0M | -- | -- | 351.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 244.0M | 218.0M | 214.0M | 291.0M | 231.0M | 203.0M | 216.0M | 271.0M | 255.0M |
| Notes Receivable | 6.4M | 6.6M | -- | -- | -- | -- | 136.0M | 148.0M | 29.1M |
| Notes And Accounts Receivable | 251.0M | 224.0M | 214.0M | 291.0M | 231.0M | 203.0M | 352.0M | 419.0M | 284.0M |
| Prepayments | 22.3M | 24.6M | 10.7M | 15.1M | 25.4M | 7.6M | 12.3M | 14.2M | 4.9M |
| Inventory | 216.0M | 195.0M | 252.0M | 307.0M | 169.0M | 120.0M | 136.0M | 108.0M | 81.0M |
| Total Current Assets | 1.4B | 1.4B | 1.3B | 1.4B | 1.4B | 518.0M | 606.0M | 681.0M | 527.0M |
| Fixed Assets | -- | 754.0M | 825.0M | 825.0M | 697.0M | 746.0M | 757.0M | 671.0M | -- |
| Fixed Assets Total | 780.0M | 754.0M | 825.0M | 825.0M | 697.0M | 746.0M | 757.0M | 671.0M | 666.0M |
| Construction In Progress | -- | 599.0M | 194.0M | 108.0M | 94.5M | 52.6M | 6.6M | 52.3M | -- |
| Construction In Progress Total | 1.4B | 599.0M | 194.0M | 108.0M | 94.5M | 52.6M | 6.6M | 52.3M | 12.1M |
| Intangible Assets | 278.0M | 284.0M | 284.0M | 202.0M | 159.0M | 159.0M | 164.0M | 96.3M | 95.9M |
| Long Term Deferred Expenses | 15.9M | 1.2M | 1.9M | 58,700 | 833,900 | 820,000 | 900,000 | 1.0M | 1.2M |
| Total Non Current Assets | 2.6B | 1.9B | 1.5B | 1.3B | 1.0B | 988.0M | 962.0M | 847.0M | 801.0M |
| Total Assets | 4.0B | 3.2B | 2.8B | 2.7B | 2.5B | 1.5B | 1.6B | 1.5B | 1.3B |
| Short Term Borrowings | -- | -- | -- | -- | 107.0M | 266.0M | 452.0M | 540.0M | 442.0M |
| Accounts Payable | 347.0M | 195.0M | 107.0M | 144.0M | 147.0M | 112.0M | 123.0M | 179.0M | 120.0M |
| Advance Receipts | 200,900 | 214,500 | 205,300 | 348,000 | 224,400 | 13.3M | 16.9M | 8.4M | 10.2M |
| Contract Liabilities | 27.9M | 24.6M | 21.1M | 28.6M | 25.0M | -- | -- | -- | -- |
| Total Current Liabilities | 522.0M | 395.0M | 201.0M | 307.0M | 364.0M | 468.0M | 732.0M | 873.0M | 841.0M |
| Long Term Borrowings | 646.0M | 124.0M | -- | -- | -- | -- | -- | 3.0M | 29.6M |
| Total Non Current Liabilities | 685.0M | 172.0M | 53.5M | 40.7M | 38.9M | 35.9M | 24.8M | 16.8M | 39.6M |
| Total Liabilities | 1.2B | 567.0M | 255.0M | 347.0M | 403.0M | 503.0M | 756.0M | 890.0M | 880.0M |
| Paid In Capital | 414.0M | 414.0M | 296.0M | 200.0M | 200.0M | 150.0M | 150.0M | 150.0M | 141.0M |
| Capital Reserve | 880.0M | 880.0M | 999.0M | 1.1B | 1.1B | 255.0M | 236.0M | 236.0M | 63.2M |
| Surplus Reserve | 65.9M | 56.9M | 44.5M | 35.4M | 25.9M | 19.5M | 11.6M | 1.6M | 48.7M |
| Retained Earnings | 1.2B | 1.1B | 1.0B | 957.0M | 754.0M | 576.0M | 414.0M | 251.0M | 194.0M |
| Minority Equity | 216.0M | 216.0M | 156.0M | 77.8M | -- | -- | -- | -- | -- |
| Equity Attributable | 2.6B | 2.5B | 2.3B | 2.3B | 2.1B | 1.0B | 812.0M | 639.0M | 447.0M |
| Total Equity | 2.8B | 2.7B | 2.5B | 2.4B | 2.1B | 1.0B | 812.0M | 639.0M | 447.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.3B | 2.3B | 2.6B | 2.6B | 2.0B | 1.8B | 2.3B | 1.7B | 577.0M |
| Tax Refunds Received | 56.7M | 66.9M | 132.0M | 98.4M | 79.5M | 81.7M | 111.0M | 85.7M | 1.5M |
| Total Operating Cash Inflow | 2.4B | 2.4B | 2.8B | 2.7B | 2.1B | 1.9B | 2.4B | 1.8B | 581.0M |
| Cash Paid For Goods | 1.9B | 1.8B | 2.0B | 2.1B | 1.5B | 1.2B | 1.6B | 1.2B | 326.0M |
| Cash Paid To Employees | 209.0M | 189.0M | 200.0M | 189.0M | 151.0M | 154.0M | 155.0M | 129.0M | 101.0M |
| Taxes Paid | 195.0M | 205.0M | 268.0M | 265.0M | 213.0M | 213.0M | 341.0M | 234.0M | 35.5M |
| Total Operating Cash Outflow | 2.3B | 2.2B | 2.5B | 2.6B | 1.8B | 1.7B | 2.1B | 1.6B | 503.0M |
| Operating Cash Flow | 83.6M | 199.0M | 233.0M | 104.0M | 236.0M | 258.0M | 284.0M | 160.0M | 77.8M |
| Total Investing Cash Inflow | 736.0M | 341.0M | 577.0M | 235.0M | 1.9M | 7.0M | 16.0M | 62.9M | 139.0M |
| Total Investing Cash Outflow | 1.6B | 620.0M | 611.0M | 870.0M | 96.7M | 69.2M | 167.0M | 153.0M | 216.0M |
| Investing Cash Flow | -817.0M | -279.0M | -33.8M | -635.0M | -94.8M | -62.2M | -151.0M | -90.0M | -77.3M |
| Cash From Borrowings | 521.0M | 124.0M | 45.0M | 57.0M | 337.0M | 532.0M | 985.0M | 1.2B | 508.0M |
| Dividends And Interest Paid | 73.6M | 44.8M | 86.0M | 70.4M | 46.3M | 66.2M | 71.8M | 77.5M | 23.6M |
| Debt Repayments | -- | -- | 45.0M | 164.0M | 492.0M | 722.0M | 1.1B | 1.2B | 443.0M |
| Total Financing Cash Inflow | 557.0M | 202.0M | 123.0M | 135.0M | 1.3B | 577.0M | 1.0B | 1.3B | 593.0M |
| Total Financing Cash Outflow | 75.6M | 45.2M | 131.0M | 237.0M | 571.0M | 808.0M | 1.2B | 1.3B | 576.0M |
| Financing Cash Flow | 481.0M | 157.0M | -8.0M | -102.0M | 684.0M | -231.0M | -164.0M | -7.9M | 16.1M |
| Net Change In Cash | -256.0M | 74.8M | 192.0M | -633.0M | 825.0M | -35.4M | -30.4M | 63.2M | 16.6M |
| Ending Cash Balance | 239.0M | 495.0M | 420.0M | 229.0M | 862.0M | 36.8M | 72.2M | 103.0M | 39.5M |
| Capex | 666.0M | 317.0M | 304.0M | 257.0M | 96.7M | 64.2M | 167.0M | 93.7M | 82.5M |