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 | 800.0M | 846.0M | 562.0M | 556.0M | 467.0M | 402.0M | 420.0M | 351.0M | 353.0M | 328.0M | 292.0M | 284.0M | 236.0M | 217.0M |
| Revenue Growth % | -5.4% | 50.5% | 1.1% | 19.1% | 16.2% | -4.3% | 19.7% | -0.6% | 7.6% | 12.3% | 2.8% | 20.3% | 8.8% | -- |
| Total Revenue | 800.0M | 846.0M | 562.0M | 556.0M | 467.0M | 402.0M | 420.0M | 351.0M | 353.0M | 328.0M | 292.0M | 284.0M | 236.0M | 217.0M |
| Cost Of Revenue | 347.0M | 393.0M | 266.0M | 276.0M | 264.0M | 208.0M | 240.0M | 201.0M | 190.0M | 185.0M | 164.0M | 166.0M | 137.0M | 121.0M |
| Gross Profit | 453.0M | 453.0M | 296.0M | 280.0M | 203.0M | 194.0M | 180.0M | 150.0M | 163.0M | 143.0M | 128.0M | 118.0M | 99.0M | 96.0M |
| Gross Margin % | 56.6% | 53.5% | 52.7% | 50.4% | 43.5% | 48.3% | 42.9% | 42.7% | 46.2% | 43.6% | 43.8% | 41.5% | 41.9% | 44.2% |
| Total Operating Cost | 900.0M | 820.0M | 598.0M | 568.0M | 535.0M | 434.0M | 421.0M | 370.0M | 313.0M | 286.0M | 255.0M | 241.0M | 199.0M | 173.0M |
| Selling Expenses | 272.0M | 248.0M | 208.0M | 173.0M | 120.0M | 119.0M | 104.0M | 94.9M | 71.5M | 70.3M | 61.4M | 52.5M | 43.7M | 35.7M |
| Admin Expenses | 90.7M | 92.2M | 82.3M | 69.2M | 53.7M | 52.1M | 46.7M | 38.7M | 40.8M | 22.9M | 19.8M | 16.4M | 13.2M | 12.9M |
| Rd Expenses | 10.3M | 10.3M | 10.9M | 10.9M | 9.7M | 10.9M | 12.3M | 12.4M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 18.9M | 19.1M | 12.0M | 9.7M | 11.0M | 6.3M | 9.2M | 9.0M | 5.5M | 4.4M | 4.2M | 3.1M | 2.1M | 1.6M |
| Operating Income | -83.6M | 30.5M | -36.0M | -11.5M | -66.0M | -30.2M | 6.6M | -14.6M | 41.3M | 41.2M | 36.9M | 43.3M | 36.6M | 44.4M |
| Operating Margin % | -10.4% | 3.6% | -6.4% | -2.1% | -14.1% | -7.5% | 1.6% | -4.1% | 11.7% | 12.6% | 12.6% | 15.2% | 15.5% | 20.4% |
| Non Operating Income | 405,600 | 2.2M | 2.7M | 145,000 | 469,100 | 137,800 | 41,300 | 1.3M | 2.6M | 622,100 | 488,600 | 560,800 | 937,200 | 492,300 |
| Non Operating Expenses | 858,500 | 1.4M | 500,100 | 1.8M | 554,800 | 403,000 | 190,000 | 124,800 | 381,200 | 428,300 | 19,800 | 50,600 | 17,400 | 8,400 |
| Investment Income | 16.4M | 92,100 | 1.5M | -144,500 | -213,000 | 810,900 | 4.6M | 365,200 | 1.4M | -- | -- | -- | -- | 176,300 |
| Fair Value Change Income | -- | 298,100 | -- | 236,800 | 5,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 250,700 | 532,700 | -5.2M | -- | -5,800 | 56,800 | -5,200 | 58,100 | 10,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 156.0M | 47.8M | 19.1M | 21.2M | 61.8M | 32.0M | 3.9M | 10.5M | 2.6M | 1.0M | 1.8M | 1.3M | 1.3M | -27,200 |
| Other Income | -207,100 | 3.1M | 3.2M | 1.1M | 2.2M | 565,700 | 2.3M | 3.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -84.0M | 31.4M | -33.9M | -13.2M | -66.1M | -30.4M | 6.5M | -13.4M | 43.5M | 41.4M | 37.4M | 43.8M | 37.5M | 44.9M |
| Income Tax | 1.2M | 8.6M | 4.5M | 12.1M | 1.6M | -1.8M | 1.7M | -185,300 | 8.1M | 10.6M | 9.5M | 11.2M | 9.7M | 11.2M |
| Net Income | -85.2M | 22.7M | -38.4M | -25.2M | -67.7M | -28.7M | 4.7M | -13.2M | 35.4M | 30.8M | 27.9M | 32.6M | 27.8M | 33.7M |
| Net Margin % | -10.7% | 2.7% | -6.8% | -4.5% | -14.5% | -7.1% | 1.1% | -3.8% | 10.0% | 9.4% | 9.5% | 11.5% | 11.8% | 15.5% |
| Net Income Attributable | -21.5M | 36.5M | -32.9M | -26.2M | -65.5M | -29.7M | 5.0M | -12.9M | 35.4M | 30.8M | 27.9M | 32.6M | 27.8M | 33.7M |
| Minority Interest | -63.7M | -13.8M | -5.4M | 940,600 | -2.2M | 1.1M | -308,100 | -291,300 | 12,800 | -- | -- | -- | -- | -200.00 |
| Eps Basic | -0.14 | 0.23 | -0.21 | -0.18 | -0.45 | -0.20 | 0.04 | -0.13 | 0.52 | 0.62 | 0.56 | 0.65 | 0.56 | 0.67 |
| Eps Diluted | -0.14 | 0.23 | -0.21 | -0.18 | -0.45 | -0.20 | 0.04 | -0.13 | 0.52 | 0.62 | 0.56 | 0.65 | 0.56 | 0.67 |
| 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 | 75.3M | 115.0M | 133.0M | 95.4M | 146.0M | 257.0M | 245.0M | 399.0M | 156.0M | 203.0M | 65.4M | 59.4M | 72.5M | 38.4M |
| Trading Financial Assets | -- | 15.7M | 8.2M | 120.0M | 9.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 32.8M | 34.5M | 24.1M | 28.8M | 37.3M | 19.0M | 26.9M | 25.3M | 54.5M | 31.1M | 13.7M | 4.2M | 1.9M | 1.5M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.1M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 32.8M | 34.5M | 24.1M | 28.8M | 37.3M | 19.0M | 26.9M | 25.3M | 54.5M | 32.3M | 13.7M | 4.2M | 1.9M | 1.5M |
| Prepayments | 51.4M | 52.6M | 41.8M | 29.2M | 20.4M | 27.6M | 28.5M | 23.9M | 15.9M | 17.3M | 12.9M | 11.5M | 9.9M | 7.1M |
| Inventory | 479.0M | 397.0M | 343.0M | 246.0M | 241.0M | 230.0M | 181.0M | 187.0M | 155.0M | 148.0M | 132.0M | 132.0M | 115.0M | 105.0M |
| Total Current Assets | 674.0M | 657.0M | 585.0M | 554.0M | 492.0M | 562.0M | 678.0M | 668.0M | 465.0M | 410.0M | 233.0M | 213.0M | 204.0M | 157.0M |
| Long Term Equity Investment | 51.4M | 5.4M | 5.5M | 6.8M | 7.0M | 11.2M | 49.7M | 13.9M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 230.0M | 247.0M | 254.0M | 225.0M | 205.0M | 120.0M | 11.2M | 11.7M | 12.1M | 12.2M | 12.4M | 946,800 | 1.2M |
| Fixed Assets Total | 112.0M | 230.0M | 247.0M | 254.0M | 225.0M | 205.0M | 120.0M | 11.2M | 11.7M | 12.1M | 12.2M | 12.4M | 946,800 | 1.2M |
| Construction In Progress | -- | -- | 805,800 | 842,600 | 2.1M | 4.2M | -- | 115.0M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | 805,800 | 842,600 | 2.1M | 4.2M | -- | 115.0M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 47.6M | 55.2M | 63.1M | 71.6M | 2.9M | 3.9M | 2.4M | 1.4M | 671,500 | 350,700 | 385,000 | 375,900 | 240,100 | 75,700 |
| Long Term Deferred Expenses | 25.4M | 34.7M | 22.0M | 11.8M | 11.1M | 6.9M | 5.0M | 4.8M | 3.4M | 4.1M | 5.5M | 4.6M | 1.8M | 2.4M |
| Total Non Current Assets | 438.0M | 448.0M | 486.0M | 457.0M | 308.0M | 268.0M | 193.0M | 153.0M | 18.3M | 18.4M | 19.5M | 18.5M | 3.9M | 3.9M |
| Total Assets | 1.1B | 1.1B | 1.1B | 1.0B | 800.0M | 830.0M | 871.0M | 822.0M | 483.0M | 428.0M | 252.0M | 231.0M | 208.0M | 161.0M |
| Short Term Borrowings | 163.0M | 179.0M | 148.0M | 84.1M | 117.0M | 101.0M | 119.0M | 66.4M | 5.0M | 2.0M | 7.0M | 6.9M | 2.2M | 2.1M |
| Accounts Payable | 27.9M | 22.6M | 14.8M | 27.3M | 34.0M | 21.9M | 23.8M | 21.5M | 14.0M | 32.0M | 17.3M | 12.1M | 14.4M | 19.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 27.3M | 24.7M | 26.4M | 40.3M | 18.3M | 18.3M | 24.2M | 27.2M | 7.1M |
| Contract Liabilities | 37.2M | 31.7M | 40.9M | 26.6M | 26.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 349.0M | 330.0M | 296.0M | 223.0M | 229.0M | 183.0M | 190.0M | 137.0M | 90.9M | 68.1M | 54.5M | 52.5M | 58.0M | 38.8M |
| Long Term Borrowings | 1.6M | 3.1M | 455,000 | 2.0M | 17.5M | 32.5M | 42.5M | 50.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 141.0M | 68.2M | 90.6M | 71.8M | 17.8M | 32.6M | 42.5M | 50.0M | 27,400 | 55,800 | 100,400 | -- | -- | -- |
| Total Liabilities | 489.0M | 398.0M | 387.0M | 295.0M | 247.0M | 216.0M | 232.0M | 187.0M | 91.0M | 68.2M | 54.6M | 52.5M | 58.0M | 38.8M |
| Paid In Capital | 158.0M | 158.0M | 158.0M | 158.0M | 145.0M | 146.0M | 112.0M | 112.0M | 67.5M | 67.0M | 50.0M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 495.0M | 495.0M | 495.0M | 495.0M | 322.0M | 325.0M | 376.0M | 381.0M | 170.0M | 153.0M | 38.0M | 38.0M | 38.0M | 38.0M |
| Surplus Reserve | 18.2M | 18.2M | 18.2M | 18.2M | 18.2M | 18.2M | 18.2M | 18.0M | 17.9M | 14.6M | 11.3M | 8.7M | 5.5M | 1.8M |
| Retained Earnings | -3.8M | 17.7M | -18.9M | 14.4M | 41.6M | 107.0M | 139.0M | 134.0M | 151.0M | 126.0M | 98.4M | 82.2M | 56.4M | 32.2M |
| Minority Equity | -45.5M | 18.2M | 32.1M | 30.8M | 26.5M | 22.1M | -186,600 | 121,500 | 12,800 | -- | -- | -- | -- | -- |
| Equity Attributable | 667.0M | 689.0M | 652.0M | 686.0M | 527.0M | 592.0M | 639.0M | 635.0M | 392.0M | 360.0M | 198.0M | 179.0M | 150.0M | 122.0M |
| Total Equity | 622.0M | 707.0M | 684.0M | 716.0M | 553.0M | 614.0M | 639.0M | 635.0M | 392.0M | 360.0M | 198.0M | 179.0M | 150.0M | 122.0M |
| 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 | 929.0M | 935.0M | 714.0M | 692.0M | 499.0M | 510.0M | 509.0M | 442.0M | 403.0M | 375.0M | 341.0M | 338.0M | 302.0M | 254.0M |
| Tax Refunds Received | -- | -- | 3.8M | 3.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 933.0M | 945.0M | 731.0M | 705.0M | 507.0M | 517.0M | 519.0M | 450.0M | 406.0M | 375.0M | 341.0M | 339.0M | 303.0M | 255.0M |
| Cash Paid For Goods | 548.0M | 509.0M | 480.0M | 413.0M | 322.0M | 359.0M | 310.0M | 313.0M | 265.0M | 237.0M | 208.0M | 237.0M | 186.0M | 187.0M |
| Cash Paid To Employees | 159.0M | 157.0M | 131.0M | 116.0M | 96.2M | 96.8M | 86.2M | 81.9M | 63.1M | 53.2M | 46.0M | 36.8M | 30.4M | 23.3M |
| Taxes Paid | 44.8M | 55.9M | 30.7M | 39.2M | 19.1M | 24.6M | 29.3M | 32.7M | 33.6M | 32.7M | 35.4M | 31.1M | 26.0M | 20.8M |
| Total Operating Cash Outflow | 907.0M | 890.0M | 776.0M | 674.0M | 532.0M | 561.0M | 499.0M | 484.0M | 407.0M | 364.0M | 324.0M | 336.0M | 266.0M | 253.0M |
| Operating Cash Flow | 25.7M | 54.1M | -45.7M | 31.0M | -25.2M | -43.4M | 19.9M | -34.9M | -912,300 | 11.4M | 17.3M | 3.3M | 37.0M | 2.2M |
| Total Investing Cash Inflow | 27.0M | 77.0M | 624.0M | 52.0M | 623.0M | 1.1B | 265.0M | 68.6M | 189.0M | 4,386 | 18,800 | 6,524 | 7,500 | 22.7M |
| Total Investing Cash Outflow | 42.3M | 132.0M | 548.0M | 203.0M | 763.0M | 974.0M | 479.0M | 148.0M | 250.0M | 2.3M | 3.7M | 16.5M | 1.2M | 14.4M |
| Investing Cash Flow | -15.3M | -54.7M | 75.4M | -151.0M | -141.0M | 82.8M | -213.0M | -79.3M | -61.0M | -2.3M | -3.7M | -16.5M | -1.2M | 8.3M |
| Cash From Borrowings | 192.0M | 276.0M | 191.0M | 101.0M | 143.0M | 106.0M | 132.0M | 142.0M | 5.0M | 2.0M | 7.0M | 6.9M | 2.2M | 2.1M |
| Dividends And Interest Paid | 7.1M | 6.0M | 4.7M | 5.7M | 7.0M | 10.2M | 6.7M | 7.3M | 6.8M | 1.1M | 7.3M | 3.9M | 167,200 | 26,100 |
| Debt Repayments | 215.0M | 244.0M | 148.0M | 149.0M | 128.0M | 124.0M | 82.3M | 31.0M | 2.0M | 7.0M | 6.9M | 2.2M | 2.1M | -- |
| Total Financing Cash Inflow | 211.0M | 277.0M | 193.0M | 299.0M | 150.0M | 110.0M | 132.0M | 397.0M | 20.1M | 144.0M | 7.0M | 6.9M | 2.2M | 2.1M |
| Total Financing Cash Outflow | 261.0M | 292.0M | 186.0M | 185.0M | 138.0M | 137.0M | 93.5M | 38.3M | 9.0M | 15.2M | 14.7M | 6.7M | 3.9M | 726,100 |
| Financing Cash Flow | -49.6M | -15.7M | 6.5M | 114.0M | 12.0M | -27.4M | 38.9M | 359.0M | 11.2M | 129.0M | -7.6M | 127,700 | -1.7M | 1.4M |
| Net Change In Cash | -39.2M | -16.3M | 36.2M | -6.4M | -154.0M | 12.0M | -155.0M | 245.0M | -50.8M | 138.0M | 5.9M | -13.1M | 34.1M | 11.9M |
| Ending Cash Balance | 75.1M | 114.0M | 131.0M | 94.4M | 101.0M | 255.0M | 243.0M | 398.0M | 153.0M | 203.0M | 65.4M | 59.4M | 72.5M | 38.4M |
| Capex | 15.4M | 21.9M | 36.4M | 83.8M | 133.0M | 40.2M | 12.2M | 126.0M | 2.4M | 2.3M | 3.7M | 16.5M | 1.2M | 1.9M |