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 | 588.0M | 691.0M | 816.0M | 945.0M | 704.0M | 611.0M | 469.0M | 368.0M | 307.0M | 417.0M | 522.0M | 577.0M | 659.0M | 667.0M |
| Revenue Growth % | -14.9% | -15.3% | -13.7% | 34.2% | 15.2% | 30.3% | 27.4% | 19.9% | -26.4% | -20.1% | -9.5% | -12.4% | -1.2% | -- |
| Total Revenue | 588.0M | 691.0M | 816.0M | 945.0M | 704.0M | 611.0M | 469.0M | 368.0M | 307.0M | 417.0M | 522.0M | 577.0M | 659.0M | 667.0M |
| Cost Of Revenue | 503.0M | 559.0M | 648.0M | 729.0M | 525.0M | 443.0M | 362.0M | 312.0M | 247.0M | 312.0M | 384.0M | 433.0M | 500.0M | 522.0M |
| Gross Profit | 85.0M | 132.0M | 168.0M | 216.0M | 179.0M | 168.0M | 107.0M | 56.0M | 60.0M | 105.0M | 138.0M | 144.0M | 159.0M | 145.0M |
| Gross Margin % | 14.5% | 19.1% | 20.6% | 22.9% | 25.4% | 27.5% | 22.8% | 15.2% | 19.5% | 25.2% | 26.4% | 25.0% | 24.1% | 21.7% |
| Total Operating Cost | 682.0M | 786.0M | 782.0M | 858.0M | 633.0M | 556.0M | 458.0M | 420.0M | 336.0M | 400.0M | 483.0M | 544.0M | 622.0M | 624.0M |
| Selling Expenses | 33.7M | 38.2M | 35.0M | 32.7M | 23.2M | 52.0M | 47.9M | 46.7M | 33.5M | 34.8M | 45.9M | 47.9M | 49.0M | 44.0M |
| Admin Expenses | 58.2M | 61.6M | 49.7M | 44.9M | 43.2M | 33.5M | 30.0M | 35.6M | 36.9M | 39.6M | 37.3M | 41.3M | 47.1M | 42.9M |
| Rd Expenses | 25.0M | 33.0M | 32.4M | 37.4M | 32.0M | 21.3M | 13.9M | 10.6M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -265,500 | 5.9M | 7.4M | 6.6M | 5.3M | 3.3M | 1.7M | 3.4M | 4.7M | 6.1M | 9.0M | 13.3M | 13.7M | 9.0M |
| Operating Income | -58.4M | -71.1M | 68.5M | 113.0M | 95.1M | 77.7M | 34.0M | -41.4M | -26.0M | 19.3M | 36.6M | 33.5M | 35.6M | 41.7M |
| Operating Margin % | -9.9% | -10.3% | 8.4% | 12.0% | 13.5% | 12.7% | 7.2% | -11.2% | -8.5% | 4.6% | 7.0% | 5.8% | 5.4% | 6.2% |
| Non Operating Income | 272,100 | 8.9M | 18,800 | 1.2M | 2.7M | 1.2M | 2.7M | 2.0M | 38.0M | 13.3M | 6.9M | 14.0M | 13.9M | 13.1M |
| Non Operating Expenses | 106,500 | 892,500 | 1.7M | 376,000 | 3.6M | 2.7M | 6.2M | 1.1M | 5,000 | 50,000 | 47,700 | 350,000 | 1.2M | 66,000 |
| Investment Income | 5.4M | 189,100 | 855,600 | 1.1M | 1.9M | 2.9M | 3.7M | -7.0M | 3.0M | 2.0M | -2.3M | 363,600 | -1.6M | -990,600 |
| Fair Value Change Income | -- | 819,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 46,200 | 13,900 | 242,500 | 181,900 | 111,000 | -764,300 | -- | -- | -500.00 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 54.8M | 74.4M | 560,900 | 197,700 | 748,500 | 1.8M | -3.7M | 5.8M | 8.2M | 4.3M | 2.7M | 2.7M | 5.4M | -157,000 |
| Other Income | 29.8M | 23.5M | 32.9M | 24.6M | 21.3M | 21.2M | 19.7M | 18.4M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -58.3M | -63.1M | 66.8M | 114.0M | 94.3M | 76.2M | 30.5M | -40.5M | 12.0M | 32.5M | 43.4M | 47.2M | 48.4M | 54.7M |
| Income Tax | 2.6M | -3.5M | 4.3M | 11.4M | 7.8M | 2.3M | 68,000 | 44.6M | 1.8M | 3.6M | 6.2M | 7.6M | 10.0M | 8.9M |
| Net Income | -60.8M | -59.6M | 62.5M | 103.0M | 86.5M | 73.9M | 30.5M | -85.1M | 10.2M | 28.9M | 37.2M | 39.6M | 38.3M | 45.7M |
| Net Margin % | -10.3% | -8.6% | 7.7% | 10.9% | 12.3% | 12.1% | 6.5% | -23.1% | 3.3% | 6.9% | 7.1% | 6.9% | 5.8% | 6.9% |
| Net Income Attributable | -60.8M | -59.6M | 62.5M | 95.5M | 61.0M | 66.2M | 30.5M | -85.1M | 10.2M | 28.9M | 37.2M | 42.7M | 45.1M | 46.6M |
| Minority Interest | -- | -- | -- | 7.2M | 25.5M | 7.7M | -- | -- | -- | -- | -- | -3.1M | -6.8M | -911,100 |
| Eps Basic | -0.57 | -0.55 | 0.58 | 1.03 | 0.69 | 0.75 | 0.35 | -0.97 | 0.12 | 0.38 | 0.56 | 0.65 | 0.68 | 0.73 |
| Eps Diluted | -0.57 | -0.55 | 0.58 | 1.03 | 0.69 | 0.75 | 0.35 | -0.97 | 0.12 | 0.38 | 0.56 | 0.65 | 0.68 | 0.73 |
| 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 | 326.0M | 361.0M | 561.0M | 424.0M | 235.0M | 178.0M | 94.6M | 49.3M | 93.9M | 142.0M | 104.0M | 60.7M | 91.6M | 111.0M |
| Trading Financial Assets | -- | 80.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 144.0M | 151.0M | 179.0M | 165.0M | 129.0M | 157.0M | 69.7M | 92.0M | 123.0M | 136.0M | 77.6M | 59.0M | 55.7M | 32.1M |
| Notes Receivable | 53.6M | 98.3M | 122.0M | 25.7M | 24.4M | 72.9M | 91.3M | 99.2M | 64.6M | 21.6M | 41.4M | 36.3M | 32.6M | 23.5M |
| Notes And Accounts Receivable | 197.0M | 249.0M | 301.0M | 191.0M | 153.0M | 230.0M | 161.0M | 191.0M | 188.0M | 158.0M | 119.0M | 95.3M | 88.4M | 55.6M |
| Prepayments | 778,600 | 3.5M | 12.3M | 6.6M | 7.6M | 4.1M | 67,700 | 477,100 | 81,500 | 973,000 | 265,000 | 683,700 | 2.2M | 69.9M |
| Inventory | 157.0M | 153.0M | 186.0M | 173.0M | 152.0M | 137.0M | 89.8M | 88.9M | 120.0M | 105.0M | 116.0M | 147.0M | 145.0M | 158.0M |
| Total Current Assets | 736.0M | 887.0M | 1.1B | 904.0M | 659.0M | 578.0M | 436.0M | 422.0M | 504.0M | 470.0M | 346.0M | 308.0M | 331.0M | 398.0M |
| Long Term Equity Investment | 67.5M | 65.3M | 66.4M | 66.4M | 65.3M | 64.5M | 63.9M | 64.9M | 77.0M | 80.3M | 80.4M | 85.6M | 43.9M | 27.5M |
| Fixed Assets | -- | 356.0M | 348.0M | 366.0M | 340.0M | 350.0M | 358.0M | 378.0M | 402.0M | 417.0M | 367.0M | 111.0M | 239.0M | 157.0M |
| Fixed Assets Total | 346.0M | 356.0M | 348.0M | 366.0M | 340.0M | 350.0M | 358.0M | 378.0M | 402.0M | 417.0M | 460.0M | 111.0M | 239.0M | 157.0M |
| Construction In Progress | -- | 2.0M | 22.1M | 9.3M | 29.6M | 4.3M | -- | 5.8M | 72,100 | 8.0M | 3.1M | 218.0M | 181.0M | 209.0M |
| Construction In Progress Total | -- | 2.0M | 22.1M | 9.3M | 29.6M | 4.3M | -- | 5.8M | 72,100 | 8.0M | 3.1M | 218.0M | 181.0M | 209.0M |
| Intangible Assets | 60.3M | 62.4M | 66.6M | 68.2M | 70.7M | 73.1M | 33.5M | 34.3M | 35.0M | 35.8M | 36.5M | 49.5M | 71.6M | 33.5M |
| Long Term Deferred Expenses | 1.2M | 1.3M | 1.4M | 1.4M | 1.5M | 1.5M | 689,000 | 730,600 | 772,100 | 813,700 | -- | -- | -- | -- |
| Total Non Current Assets | 531.0M | 599.0M | 686.0M | 694.0M | 684.0M | 672.0M | 466.0M | 494.0M | 565.0M | 571.0M | 585.0M | 467.0M | 543.0M | 428.0M |
| Total Assets | 1.3B | 1.5B | 1.8B | 1.6B | 1.3B | 1.2B | 902.0M | 916.0M | 1.1B | 1.0B | 931.0M | 776.0M | 874.0M | 826.0M |
| Short Term Borrowings | 10.0M | 23.6M | 17.2M | 58.3M | 60.1M | 105.0M | 15.0M | 80.0M | 85.0M | 146.0M | 101.0M | 154.0M | 148.0M | 161.0M |
| Accounts Payable | 104.0M | 64.0M | 110.0M | 99.3M | 94.0M | 88.4M | 33.7M | 40.5M | 72.8M | 80.2M | 89.7M | 50.1M | 76.8M | 60.2M |
| Advance Receipts | -- | -- | 215,700 | 335,800 | 569,300 | 21.1M | 22.5M | 11.1M | 7.2M | 3.7M | 20.9M | 40.9M | 32.5M | 47.2M |
| Contract Liabilities | 24.8M | 16.2M | 28.5M | 36.1M | 41.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 284.0M | 346.0M | 450.0M | 436.0M | 356.0M | 346.0M | 162.0M | 189.0M | 239.0M | 304.0M | 303.0M | 373.0M | 358.0M | 303.0M |
| Long Term Borrowings | 30.0M | 64.5M | 151.0M | 30.1M | 66.1M | 48.0M | -- | -- | -- | -- | 2.5M | 43.0M | 147.0M | 196.0M |
| Total Non Current Liabilities | 174.0M | 233.0M | 338.0M | 236.0M | 266.0M | 259.0M | 227.0M | 244.0M | 259.0M | 166.0M | 233.0M | 44.5M | 164.0M | 198.0M |
| Total Liabilities | 457.0M | 579.0M | 788.0M | 672.0M | 622.0M | 604.0M | 390.0M | 434.0M | 499.0M | 469.0M | 536.0M | 418.0M | 522.0M | 501.0M |
| Paid In Capital | 108.0M | 108.0M | 108.0M | 108.0M | 88.0M | 88.0M | 88.0M | 88.0M | 88.0M | 88.0M | 66.0M | 66.0M | 66.0M | 66.0M |
| Capital Reserve | 417.0M | 417.0M | 417.0M | 417.0M | 237.0M | 237.0M | 237.0M | 237.0M | 237.0M | 237.0M | 110.0M | 110.0M | 110.0M | 110.0M |
| Surplus Reserve | 62.0M | 58.4M | 51.4M | 42.8M | 42.8M | 39.6M | 34.0M | 30.6M | 30.6M | 29.5M | 26.6M | 23.0M | 19.1M | 13.4M |
| Retained Earnings | 248.0M | 323.0M | 412.0M | 358.0M | 273.0M | 215.0M | 154.0M | 127.0M | 216.0M | 218.0M | 192.0M | 158.0M | 119.0M | 91.4M |
| Minority Equity | -- | -- | -- | -- | 80.1M | 67.1M | -- | -- | -- | -- | -- | -- | 36.4M | 43.2M |
| Equity Attributable | 810.0M | 906.0M | 988.0M | 925.0M | 640.0M | 579.0M | 513.0M | 482.0M | 571.0M | 572.0M | 395.0M | 358.0M | 315.0M | 281.0M |
| Total Equity | 810.0M | 906.0M | 988.0M | 925.0M | 720.0M | 646.0M | 513.0M | 482.0M | 571.0M | 572.0M | 395.0M | 358.0M | 351.0M | 325.0M |
| 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 | 630.0M | 758.0M | 961.0M | 1.0B | 722.0M | 582.0M | 599.0M | 450.0M | 333.0M | 438.0M | 564.0M | 688.0M | 743.0M | 775.0M |
| Tax Refunds Received | 4.0M | 9.0M | 14.3M | 14.9M | 4.5M | 2.1M | 2.2M | 655,100 | 1.5M | 1.3M | 1.3M | 2.4M | 2.7M | 8.1M |
| Total Operating Cash Inflow | 649.0M | 785.0M | 997.0M | 1.1B | 745.0M | 605.0M | 608.0M | 456.0M | 355.0M | 444.0M | 595.0M | 705.0M | 783.0M | 788.0M |
| Cash Paid For Goods | 439.0M | 556.0M | 719.0M | 715.0M | 464.0M | 370.0M | 390.0M | 344.0M | 247.0M | 317.0M | 391.0M | 495.0M | 534.0M | 546.0M |
| Cash Paid To Employees | 108.0M | 112.0M | 103.0M | 101.0M | 88.2M | 73.7M | 63.8M | 65.6M | 58.7M | 68.7M | 72.2M | 80.8M | 80.7M | 77.6M |
| Taxes Paid | 24.1M | 51.4M | 38.2M | 49.3M | 35.5M | 32.4M | 27.0M | 33.9M | 51.4M | 42.2M | 47.2M | 70.0M | 85.3M | 71.5M |
| Total Operating Cash Outflow | 604.0M | 774.0M | 901.0M | 909.0M | 624.0M | 511.0M | 503.0M | 461.0M | 375.0M | 447.0M | 526.0M | 669.0M | 722.0M | 721.0M |
| Operating Cash Flow | 44.8M | 11.0M | 96.4M | 150.0M | 121.0M | 93.3M | 104.0M | -4.7M | -20.2M | -3.6M | 68.8M | 35.9M | 60.7M | 66.8M |
| Total Investing Cash Inflow | 384.0M | 7.6M | 3.3M | 792,700 | 85.2M | 168.0M | 294.0M | 160.0M | 240.0M | 52.6M | 252.0M | 4.3M | 7.4M | 6.1M |
| Total Investing Cash Outflow | 322.0M | 109.0M | 37.0M | 36.1M | 135.0M | 322.0M | 297.0M | 181.0M | 189.0M | 152.0M | 114.0M | 48.1M | 43.9M | 288.0M |
| Investing Cash Flow | 62.7M | -101.0M | -33.7M | -35.3M | -50.1M | -154.0M | -2.7M | -21.4M | 51.1M | -99.0M | 138.0M | -43.9M | -36.5M | -282.0M |
| Cash From Borrowings | 10.0M | 22.1M | 214.0M | 87.6M | 110.0M | 182.0M | 15.0M | 90.0M | 135.0M | 205.0M | 129.0M | 227.0M | 173.0M | 386.0M |
| Dividends And Interest Paid | 16.6M | 31.0M | 10.2M | 42.2M | 6.4M | 4.2M | 2.0M | 7.4M | 16.3M | 7.5M | 14.0M | 23.1M | 35.6M | 26.2M |
| Debt Repayments | 107.0M | 99.4M | 119.0M | 94.0M | 107.0M | 62.0M | 80.0M | 95.0M | 196.0M | 203.0M | 283.0M | 228.0M | 179.0M | 171.0M |
| Total Financing Cash Inflow | 10.0M | 26.1M | 214.0M | 440.0M | 110.0M | 182.0M | 15.0M | 90.0M | 135.0M | 356.0M | 129.0M | 227.0M | 173.0M | 466.0M |
| Total Financing Cash Outflow | 151.0M | 133.0M | 131.0M | 364.0M | 113.0M | 66.2M | 82.0M | 102.0M | 216.0M | 211.0M | 299.0M | 252.0M | 214.0M | 197.0M |
| Financing Cash Flow | -141.0M | -107.0M | 82.8M | 76.5M | -3.4M | 116.0M | -67.0M | -12.4M | -81.1M | 146.0M | -170.0M | -25.3M | -41.4M | 269.0M |
| Net Change In Cash | -33.4M | -197.0M | 146.0M | 191.0M | 67.3M | 54.9M | 34.9M | -38.6M | -50.0M | 43.0M | 36.7M | -33.4M | -17.2M | 54.1M |
| Ending Cash Balance | 312.0M | 345.0M | 543.0M | 397.0M | 205.0M | 138.0M | 83.2M | 48.3M | 86.9M | 137.0M | 94.0M | 57.2M | 90.6M | 108.0M |
| Capex | 21.5M | 29.1M | 37.0M | 36.1M | 51.3M | 20.6M | 8.2M | 24.5M | 39.6M | 79.9M | 110.0M | 38.1M | 25.9M | 258.0M |