Below are the financial statements of GCC, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 1,366,679b | 1,363,917b | 1,168,319b |
| Cost of sales | -848,951b | -862,205b | -803,844b |
| Gross profit | 517,728b | 501,712b | 364,475b |
| General, administrative and selling expenses | -118,307b | -119,405b | -96,131b |
| Operating income before other expenses | 399,421b | 382,307b | 268,344b |
| Other expenses, net | 11,139b | 6,639b | 50,622b |
| Operating income | 388,282b | 375,668b | 217,722b |
| Financial expenses | -24,207b | -28,109b | -38,611b |
| Financial income - interest income | 65,227b | 57,967b | 22,124b |
| Exchange (loss) gain, net | 6,720b | -4,529b | -1,780b |
| Share of profit of associates and joint venture | 3,849b | 3,300b | 3,284b |
| Profit before income taxes | 439,871b | 404,297b | 202,739b |
| Income taxes | -114,017b | -108,832b | -62,478b |
| Net income for the year | 325,854b | 295,465b | 140,261b |
| Consolidated net income for the year attributable to | — | — | — |
| Equity holders of the parent | 325,851b | 295,462b | 140,258b |
| Non-controlling interests | 3b | 3b | 3b |
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