Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 460.0M | 473.0M | 463.0M | 428.0M | 380.0M |
| Revenue Growth % | -2.7% | 2.2% | 8.2% | 12.6% | -- |
| Total Revenue | 460.0M | 473.0M | 463.0M | 428.0M | 380.0M |
| Cost Of Revenue | 323.0M | 353.0M | 327.0M | 311.0M | 258.0M |
| Gross Profit | 137.0M | 120.0M | 136.0M | 117.0M | 122.0M |
| Gross Margin % | 29.8% | 25.4% | 29.4% | 27.3% | 32.1% |
| Total Operating Cost | 393.0M | 421.0M | 398.0M | 379.0M | 327.0M |
| Selling Expenses | 24.7M | 26.7M | 30.4M | 26.2M | 30.8M |
| Admin Expenses | 36.7M | 32.9M | 32.1M | 28.1M | 28.5M |
| Rd Expenses | 12.6M | 14.0M | 15.8M | 15.0M | 13.4M |
| Finance Expenses | -12.0M | -11.9M | -11.5M | -5.9M | -6.8M |
| Operating Income | 74.4M | 58.9M | 72.0M | 60.9M | 62.0M |
| Operating Margin % | 16.2% | 12.5% | 15.5% | 14.2% | 16.3% |
| Non Operating Income | 110,300 | 49,500 | 68,900 | 149,900 | 46,900 |
| Non Operating Expenses | 33,000 | 4,700 | 76,000 | 154,500 | 187,500 |
| Investment Income | -182,100 | -240,200 | -28,200 | 290,800 | 84,500 |
| Fair Value Change Income | -- | -- | 47,200 | 4.3M | 3.0M |
| Asset Disposal Income | 4,600 | 117,700 | -86,700 | -704,700 | -286,600 |
| Asset Impairment Loss | 2.1M | 534,300 | -- | 151,000 | -- |
| Other Income | 6.9M | 6.9M | 7.5M | 7.3M | 6.6M |
| Income Before Tax | 74.4M | 58.9M | 72.0M | 60.9M | 61.9M |
| Income Tax | 9.3M | 9.4M | 6.8M | -99,400 | 6.3M |
| Net Income | 65.1M | 49.6M | 65.1M | 61.0M | 55.6M |
| Net Margin % | 14.2% | 10.5% | 14.1% | 14.2% | 14.6% |
| Net Income Attributable | 65.0M | 49.3M | 64.9M | 60.9M | 56.9M |
| Minority Interest | 126,600 | 314,900 | 268,600 | 122,100 | -1.3M |
| Eps Basic | 0.22 | 0.16 | 0.22 | 0.20 | 0.19 |
| Eps Diluted | 0.22 | 0.16 | 0.22 | 0.20 | 0.19 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 155.0M | 342.0M | 244.0M | 321.0M | 344.0M |
| Trading Financial Assets | -- | -- | -- | 49.6M | 65.1M |
| Accounts Receivable | 127.0M | 110.0M | 94.2M | 88.3M | 81.0M |
| Notes Receivable | -- | 3.3M | -- | -- | -- |
| Notes And Accounts Receivable | 127.0M | 114.0M | 94.2M | 88.3M | 81.0M |
| Prepayments | 207,900 | 161,100 | 51,200 | 115,800 | 88,500 |
| Inventory | 75.8M | 100.0M | 123.0M | 99.6M | 90.7M |
| Total Current Assets | 400.0M | 590.0M | 504.0M | 618.0M | 640.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | 284.0M | 324.0M | 341.0M | 380.0M | 373.0M |
| Fixed Assets Total | 285.0M | 324.0M | 341.0M | 380.0M | 373.0M |
| Construction In Progress | 4.2M | 912,600 | 8.9M | 4.5M | 14.8M |
| Construction In Progress Total | 4.2M | 912,600 | 8.9M | 4.5M | 14.8M |
| Intangible Assets | 17.1M | 18.0M | 18.8M | 19.7M | 16.5M |
| Long Term Deferred Expenses | 1.4M | 910,400 | 261,100 | 484,200 | 429,900 |
| Total Non Current Assets | 708.0M | 497.0M | 599.0M | 419.0M | 414.0M |
| Total Assets | 1.1B | 1.1B | 1.1B | 1.0B | 1.1B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 48.0M | 59.7M | 44.4M | 47.1M | 65.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 817,800 | 918,300 | 1.8M | 1.2M | 1.2M |
| Total Current Liabilities | 131.0M | 151.0M | 157.0M | 147.0M | 146.0M |
| Long Term Borrowings | -- | -- | 9.9M | -- | 71.6M |
| Total Non Current Liabilities | 15.2M | 18.1M | 44.7M | 36.4M | 97.9M |
| Total Liabilities | 146.0M | 169.0M | 202.0M | 183.0M | 244.0M |
| Paid In Capital | 299.0M | 299.0M | 299.0M | 299.0M | 214.0M |
| Capital Reserve | 85.1M | 85.1M | 85.1M | 85.1M | 171.0M |
| Surplus Reserve | 75.1M | 68.8M | 64.0M | 57.6M | 51.6M |
| Retained Earnings | 500.0M | 463.0M | 452.0M | 411.0M | 373.0M |
| Minority Equity | 1.4M | 1.3M | 636,400 | 452,100 | 280,900 |
| Equity Attributable | 960.0M | 916.0M | 900.0M | 854.0M | 810.0M |
| Total Equity | 962.0M | 918.0M | 901.0M | 854.0M | 810.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 441.0M | 446.0M | 456.0M | 373.0M | 338.0M |
| Tax Refunds Received | 1.4M | 4.1M | 4.8M | -- | -- |
| Total Operating Cash Inflow | 451.0M | 460.0M | 473.0M | 392.0M | 356.0M |
| Cash Paid For Goods | 222.0M | 235.0M | 228.0M | 189.0M | 157.0M |
| Cash Paid To Employees | 74.8M | 77.0M | 72.4M | 60.7M | 67.5M |
| Taxes Paid | 39.7M | 38.0M | 34.7M | 23.9M | 16.3M |
| Total Operating Cash Outflow | 366.0M | 397.0M | 373.0M | 309.0M | 270.0M |
| Operating Cash Flow | 84.9M | 63.5M | 99.9M | 83.0M | 86.1M |
| Total Investing Cash Inflow | 253.0M | 42.2M | 60.0M | 545.0M | 152.0M |
| Total Investing Cash Outflow | 321.0M | 177.0M | 268.0M | 559.0M | 183.0M |
| Investing Cash Flow | -68.8M | -135.0M | -208.0M | -13.7M | -31.4M |
| Cash From Borrowings | -- | -- | 11.5M | -- | 63.9M |
| Dividends And Interest Paid | 29.3M | 25.7M | 18.0M | 19.9M | 10.9M |
| Debt Repayments | -- | 11.5M | -- | 74.7M | 5.1M |
| Total Financing Cash Inflow | -- | 350,500 | 11.5M | -- | 64.3M |
| Total Financing Cash Outflow | 30.0M | 37.8M | 18.6M | 95.1M | 16.5M |
| Financing Cash Flow | -30.0M | -37.5M | -7.1M | -95.1M | 47.8M |
| Net Change In Cash | -14.2M | -109.0M | -116.0M | -25.3M | 102.0M |
| Ending Cash Balance | 80.0M | 94.2M | 203.0M | 319.0M | 344.0M |
| Capex | 3.9M | 13.6M | 6.6M | 34.1M | 75.8M |