Unit: USD million/year 2020 2021 2022 2023 2024
Revenue 8,935 8,583 9,394 6,446 5,703
Gross Profit 95 224 192 110 135
Operating Income -111 92 62 120 84
Net Profit -174 56 -72 -120 -20
Gross Margin 1.1% 2.6% 2.0% 1.7% 2.4%
Operating Margin -1.2% 1.1% 0.7% 1.9% 1.5%
Net Margin -1.9% 0.7% -0.8% -1.9% -0.4%
Item Revenue
2020 8,935
2021 8,583
2022 9,394
2023 6,446
2024 5,703
Item Gross Profit
2020 95
2021 224
2022 192
2023 110
2024 135
Item Operating Income
2020 -111
2021 92
2022 62
2023 120
2024 84
Item Net Profit
2020 -174
2021 56
2022 -72
2023 -120
2024 -20
Item Gross Margin
2020 1.1%
2021 2.6%
2022 2.0%
2023 1.7%
2024 2.4%
Item Operating Margin
2020 -1.2%
2021 1.1%
2022 0.7%
2023 1.9%
2024 1.5%
Item Net Margin
2020 -1.9%
2021 0.7%
2022 -0.8%
2023 -1.9%
2024 -0.4%
Unit: USD million/year 2020 2021 2022 2023 2024
Total Assets 6,032 5,980 5,510 4,319 3,822
Current Assets 4,758 4,751 4,487 3,459 3,025
Non-current assets 1,274 1,229 1,023 860 797
Total Liabilities 3,950 3,812 3,722 2,758 2,358
Current Liabilities 3,909 3,778 3,708 2,737 2,338
Non-current Liabilities 41 34 14 21 20
Shareholder Equity 2,082 2,167 1,788 1,561 1,464
Item Total Assets
2020 6,032
2021 5,980
2022 5,510
2023 4,319
2024 3,822
Item Current Assets
2020 4,758
2021 4,751
2022 4,487
2023 3,459
2024 3,025
Item Non-current assets
2020 1,274
2021 1,229
2022 1,023
2023 860
2024 797
Item Total Liabilities
2020 3,950
2021 3,812
2022 3,722
2023 2,758
2024 2,358
Item Current Liabilities
2020 3,909
2021 3,778
2022 3,708
2023 2,737
2024 2,338
Item Non-current Liabilities
2020 41
2021 34
2022 14
2023 21
2024 20
Item Shareholder Equity
2020 2,082
2021 2,167
2022 1,788
2023 1,561
2024 1,464
Unit: USD million/year 2020 2021 2022 2023 2024
Cash Flow from Operating Activities -89 281 409 103 362
Cash Flow from Investment Activities -12 -87 -127 -40 -221
Cash Flow from Financing Activities 279 -111 -214 -37 -429
Item Cash Flow from Operating Activities
2020 -89
2021 281
2022 409
2023 103
2024 362
Item Cash Flow from Investment Activities
2020 -12
2021 -87
2022 -127
2023 -40
2024 -221
Item Cash Flow from Financing Activities
2020 279
2021 -111
2022 -214
2023 -37
2024 -429
Unit: USD million/year 2023 1H 2023 2H 2024 1H 2024 2H 2025 1H
Revenue 2,677 3,769 1,896 3,807 2,061
Gross Profit 40 70 29 106 75
Operating Income 51 69 -2 86 9
Net Profit -50 -70 -32 12 6
Gross Margin 1.5% 1.9% 1.5% 2.8% 3.6%
Operating Margin 1.9% 1.8% -0.1% 2.3% 0.4%
Net Margin -1.8% -1.9% -1.7% 0.3% 0.3%
Item Revenue
2023 1H 2,677
2023 2H 3,769
2024 1H 1,896
2024 2H 3,807
2025 1H 2,061
Item Gross Profit
2023 1H 40
2023 2H 70
2024 1H 29
2024 2H 106
2025 1H 75
Item Operating Income
2023 1H 51
2023 2H 69
2024 1H -2
2024 2H 86
2025 1H 9
Item Net Profit
2023 1H -50
2023 2H -70
2024 1H -32
2024 2H 12
2025 1H 6
Item Gross Margin
2023 1H 1.5%
2023 2H 1.9%
2024 1H 1.5%
2024 2H 2.8%
2025 1H 3.6%
Item Operating Margin
2023 1H 1.9%
2023 2H 1.8%
2024 1H -0.1%
2024 2H 2.3%
2025 1H 0.4%
Item Net Margin
2023 1H -1.8%
2023 2H -1.9%
2024 1H -1.7%
2024 2H 0.3%
2025 1H 0.3%
Unit: USD million/year 2023 1H 2023 2H 2024 1H 2024 2H 2025 1H
Total Assets 4,667 4,319 4,674 3,822 4,058
Current Assets 3,765 3,459 3,840 3,025 3,291
Non-current assets 902 860 834 797 768
Total Liabilities 3,089 2,758 3,170 2,358 2,565
Current Liabilities 3,074 2,737 3,150 2,338 2,549
Non-current Liabilities 15 21 20 20 17
Shareholder Equity 1,578 1,561 1,505 1,464 1,493
Item Total Assets
2023 1H 4,667
2023 2H 4,319
2024 1H 4,674
2024 2H 3,822
2025 1H 4,058
Item Current Assets
2023 1H 3,765
2023 2H 3,459
2024 1H 3,840
2024 2H 3,025
2025 1H 3,291
Item Non-current assets
2023 1H 902
2023 2H 860
2024 1H 834
2024 2H 797
2025 1H 768
Item Total Liabilities
2023 1H 3,089
2023 2H 2,758
2024 1H 3,170
2024 2H 2,358
2025 1H 2,565
Item Current Liabilities
2023 1H 3,074
2023 2H 2,737
2024 1H 3,150
2024 2H 2,338
2025 1H 2,549
Item Non-current Liabilities
2023 1H 15
2023 2H 21
2024 1H 20
2024 2H 20
2025 1H 17
Item Shareholder Equity
2023 1H 1,578
2023 2H 1,561
2024 1H 1,505
2024 2H 1,464
2025 1H 1,493
Unit: USD million/year 2023 1H 2023 2H 2024 1H 2024 2H 2025 1H
Cash Flow from Operating Activities -629 732 -197 559 -375
Cash Flow from Investment Activities -38 -2 -50 -171 -155
Cash Flow from Financing Activities 108 -145 127 -556 -229
Item Cash Flow from Operating Activities
2023 1H -629
2023 2H 732
2024 1H -197
2024 2H 559
2025 1H -375
Item Cash Flow from Investment Activities
2023 1H -38
2023 2H -2
2024 1H -50
2024 2H -171
2025 1H -155
Item Cash Flow from Financing Activities
2023 1H 108
2023 2H -145
2024 1H 127
2024 2H -556
2025 1H -229