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 | 441.0M | 405.0M | 258.0M | 281.0M | 200.0M | 440.0M | 375.0M | 282.0M | 241.0M | 220.0M | 209.0M | 155.0M | 133.0M | 124.0M |
| Revenue Growth % | 8.9% | 57.0% | -8.2% | 40.5% | -54.5% | 17.3% | 33.0% | 17.0% | 9.5% | 5.3% | 34.8% | 16.5% | 7.3% | -- |
| Total Revenue | 441.0M | 405.0M | 258.0M | 281.0M | 200.0M | 440.0M | 375.0M | 282.0M | 241.0M | 220.0M | 209.0M | 155.0M | 133.0M | 124.0M |
| Cost Of Revenue | 339.0M | 316.0M | 212.0M | 195.0M | 163.0M | 313.0M | 267.0M | 182.0M | 161.0M | 143.0M | 136.0M | 94.7M | 76.9M | 82.0M |
| Gross Profit | 102.0M | 89.0M | 46.0M | 86.0M | 37.0M | 127.0M | 108.0M | 100.0M | 80.0M | 77.0M | 73.0M | 60.3M | 56.1M | 42.0M |
| Gross Margin % | 23.1% | 22.0% | 17.8% | 30.6% | 18.5% | 28.9% | 28.8% | 35.5% | 33.2% | 35.0% | 34.9% | 38.9% | 42.2% | 33.9% |
| Total Operating Cost | 467.0M | 570.0M | 326.0M | 266.0M | 251.0M | 409.0M | 335.0M | 238.0M | 203.0M | 190.0M | 176.0M | 122.0M | 100.0M | 114.0M |
| Selling Expenses | 11.6M | 11.7M | 10.0M | 7.9M | 8.2M | 11.2M | 11.2M | 9.9M | 8.1M | 7.2M | 5.4M | 3.5M | 2.0M | 1.3M |
| Admin Expenses | 67.1M | 59.1M | 70.0M | 38.3M | 25.2M | 35.8M | 30.8M | 25.2M | 32.7M | 32.8M | 27.2M | 17.5M | 13.0M | 22.6M |
| Rd Expenses | 8.3M | 13.0M | 13.2M | 14.4M | 14.6M | 19.1M | 15.5M | 14.5M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 376,800 | 7.9M | 4.0M | 3.5M | -1.0M | 6.1M | 563,700 | -28,600 | 130,300 | 812,900 | 213,100 | 628,100 | 1.9M | 2.0M |
| Operating Income | -10.0M | -164.0M | -61.5M | 21.6M | -41.2M | 49.1M | 50.6M | 53.9M | 38.9M | 30.1M | 32.9M | 32.8M | 32.8M | 10.0M |
| Operating Margin % | -2.3% | -40.5% | -23.8% | 7.7% | -20.6% | 11.2% | 13.5% | 19.1% | 16.1% | 13.7% | 15.8% | 21.2% | 24.6% | 8.1% |
| Non Operating Income | 831,300 | 364,900 | 7,400 | 6,800 | 6,000 | 130,800 | 462,200 | 2.0M | 4.5M | 1.3M | 3.8M | 2.4M | 1.9M | 1.0M |
| Non Operating Expenses | 1.9M | 619,600 | 4.5M | 318,700 | 693,200 | 363,500 | 146,400 | 321,100 | 232,600 | 429,300 | 230,600 | 965,400 | 366,200 | 20,400 |
| Investment Income | -6.8M | -4.0M | 4.7M | 1.4M | 148,100 | -21,400 | 4.0M | 2.4M | 1.2M | 276,800 | 495,700 | 0.00 | 25,400 | -- |
| Fair Value Change Income | 18.9M | 288,300 | 385,100 | 3.4M | -- | 13.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.6M | 2.0M | 43,500 | 26,700 | 1.8M | -216,600 | 634,700 | 711,900 | 131,400 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 38.0M | 159.0M | 8.9M | 2.7M | 24.0M | 10.2M | 7.2M | 4.6M | 364,900 | 1.3M | 2.3M | 1.1M | 1.0M | 432,200 |
| Other Income | 2.3M | 2.7M | 699,800 | 2.2M | 7.4M | 4.5M | 5.9M | 7.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -11.0M | -164.0M | -65.9M | 21.3M | -41.9M | 48.8M | 50.9M | 55.6M | 43.1M | 31.0M | 36.5M | 34.3M | 34.3M | 11.0M |
| Income Tax | 5.6M | 3.7M | -794,800 | 4.7M | -3.0M | 11.2M | 8.8M | 11.8M | 9.1M | 5.6M | 6.9M | 7.2M | 9.1M | 5.6M |
| Net Income | -16.6M | -168.0M | -65.1M | 16.6M | -38.9M | 37.6M | 42.1M | 43.8M | 34.0M | 25.4M | 29.6M | 27.1M | 25.2M | 5.5M |
| Net Margin % | -3.8% | -41.5% | -25.2% | 5.9% | -19.5% | 8.6% | 11.2% | 15.5% | 14.1% | 11.5% | 14.2% | 17.5% | 19.0% | 4.4% |
| Net Income Attributable | -38.9M | -193.0M | -77.5M | 3.2M | -51.0M | 24.5M | 38.3M | 40.7M | 32.7M | 24.7M | 28.3M | 25.1M | 23.3M | 5.2M |
| Minority Interest | 22.3M | 24.8M | 12.3M | 13.4M | 12.1M | 13.1M | 3.8M | 3.1M | 1.4M | 644,000 | 1.3M | 2.0M | 2.0M | 239,300 |
| Eps Basic | -0.24 | -1.20 | -0.50 | 0.02 | -0.41 | 0.19 | 0.30 | 0.34 | 0.69 | 0.52 | 0.60 | 0.55 | 0.55 | 0.19 |
| Eps Diluted | -0.24 | -1.20 | -0.49 | 0.02 | -0.41 | 0.19 | 0.30 | 0.34 | 0.69 | 0.52 | 0.60 | 0.55 | 0.55 | 0.19 |
| 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 | 258.0M | 180.0M | 183.0M | 257.0M | 112.0M | 124.0M | 173.0M | 77.3M | 63.6M | 29.5M | 53.6M | 37.1M | 22.6M | 4.1M |
| Trading Financial Assets | 19.2M | 78.5M | 97.4M | 189.0M | 345,100 | 20.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 104.0M | 120.0M | 86.6M | 75.9M | 98.5M | 207.0M | 180.0M | 115.0M | 74.7M | 76.8M | 70.4M | 45.7M | 36.2M | 22.3M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 600,000 | 5.9M | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 104.0M | 120.0M | 86.6M | 75.9M | 98.5M | 207.0M | 181.0M | 121.0M | 74.7M | 76.8M | 70.4M | 45.7M | 36.2M | 22.3M |
| Prepayments | 5.9M | 10.2M | 4.7M | 7.2M | 6.1M | 8.6M | 9.7M | 3.3M | 3.2M | 5.5M | 3.5M | 2.4M | 1.0M | 1.5M |
| Inventory | 38.9M | 49.5M | 61.9M | 51.2M | 47.1M | 39.0M | 36.4M | 20.8M | 16.3M | 13.3M | 7.1M | 4.3M | 3.2M | 735,700 |
| Total Current Assets | 453.0M | 466.0M | 459.0M | 611.0M | 300.0M | 437.0M | 423.0M | 356.0M | 175.0M | 140.0M | 143.0M | 94.0M | 65.6M | 46.1M |
| Long Term Equity Investment | 27.0M | 49.8M | 188.0M | 179.0M | 1.0M | 6.4M | 3.9M | 3.9M | 4.8M | 3.6M | -- | -- | -- | -- |
| Fixed Assets | -- | 104.0M | 119.0M | 118.0M | 103.0M | 60.2M | 69.2M | 67.1M | 58.3M | 65.1M | 65.1M | 63.4M | 45.7M | 48.4M |
| Fixed Assets Total | 102.0M | 104.0M | 119.0M | 118.0M | 103.0M | 60.2M | 69.2M | 67.1M | 58.3M | 65.1M | 65.1M | 63.4M | 45.7M | 48.4M |
| Construction In Progress | -- | 2.6M | 254,600 | 3.2M | 3.3M | 41.9M | 20.1M | 11.7M | -- | 136,800 | 737,100 | 231,800 | 172,300 | 493,900 |
| Construction In Progress Total | 13.6M | 2.6M | 254,600 | 3.2M | 3.3M | 41.9M | 20.1M | 11.7M | -- | 136,800 | 737,100 | 231,800 | 172,300 | 493,900 |
| Intangible Assets | 178.0M | 177.0M | 16.9M | 17.1M | 18.2M | 19.0M | 19.8M | 18.5M | 18.6M | 19.2M | 19.7M | 20.2M | 20.6M | 21.1M |
| Long Term Deferred Expenses | 29.9M | 28.6M | 28.6M | 21.6M | 13.0M | 6.7M | 11.1M | 8.3M | 11.7M | 9.7M | 8.7M | 7.2M | 4.7M | 216,000 |
| Total Non Current Assets | 540.0M | 562.0M | 571.0M | 525.0M | 294.0M | 302.0M | 165.0M | 121.0M | 96.6M | 99.4M | 95.6M | 92.3M | 72.3M | 71.0M |
| Total Assets | 993.0M | 1.0B | 1.0B | 1.1B | 593.0M | 739.0M | 588.0M | 477.0M | 272.0M | 240.0M | 239.0M | 186.0M | 138.0M | 117.0M |
| Short Term Borrowings | 160.0M | 161.0M | 95.7M | 53.9M | 38.0M | 55.5M | 50.0M | -- | -- | -- | 17.0M | -- | 25.0M | 22.0M |
| Accounts Payable | 54.8M | 46.0M | 53.4M | 35.3M | 48.4M | 64.8M | 53.7M | 37.1M | 24.8M | 26.0M | 25.1M | 12.0M | 10.2M | 10.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 5.6M | 4.4M | 3.4M | 2.5M | 2.1M | 3.8M | 1.5M | 624,900 | 222,900 |
| Contract Liabilities | 17.0M | 17.8M | 22.7M | 6.5M | 10.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 303.0M | 326.0M | 239.0M | 299.0M | 158.0M | 192.0M | 129.0M | 58.8M | 40.9M | 37.9M | 58.6M | 31.1M | 46.3M | 50.8M |
| Total Non Current Liabilities | 15.6M | 9.2M | 23.4M | 20.8M | 4.5M | 31.8M | 4.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 318.0M | 335.0M | 263.0M | 320.0M | 162.0M | 224.0M | 133.0M | 58.8M | 40.9M | 37.9M | 58.6M | 31.1M | 46.3M | 50.8M |
| Paid In Capital | 164.0M | 164.0M | 160.0M | 160.0M | 126.0M | 126.0M | 126.0M | 63.2M | 47.4M | 47.4M | 47.4M | 47.4M | 42.4M | 42.4M |
| Capital Reserve | 529.0M | 529.0M | 481.0M | 463.0M | 108.0M | 113.0M | 113.0M | 176.0M | 52.6M | 52.6M | 52.6M | 52.6M | 12.6M | 9.9M |
| Surplus Reserve | 19.1M | 19.1M | 19.1M | 19.1M | 19.1M | 19.1M | 17.4M | 14.1M | 11.4M | 8.7M | 7.3M | 5.1M | 2.3M | 2.3M |
| Retained Earnings | -165.0M | -126.0M | 66.7M | 143.0M | 140.0M | 191.0M | 172.0M | 149.0M | 111.0M | 86.0M | 67.4M | 46.1M | 31.4M | 10.9M |
| Minority Equity | 150.0M | 106.0M | 93.1M | 84.6M | 76.8M | 76.0M | 26.7M | 16.1M | 8.3M | 7.2M | 5.3M | 4.0M | 2.9M | 917,900 |
| Equity Attributable | 524.0M | 586.0M | 674.0M | 731.0M | 354.0M | 440.0M | 428.0M | 402.0M | 223.0M | 195.0M | 175.0M | 151.0M | 88.6M | 65.4M |
| Total Equity | 675.0M | 692.0M | 767.0M | 816.0M | 431.0M | 516.0M | 455.0M | 419.0M | 231.0M | 202.0M | 180.0M | 155.0M | 91.5M | 66.3M |
| 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 | 470.0M | 383.0M | 275.0M | 313.0M | 343.0M | 455.0M | 341.0M | 257.0M | 260.0M | 217.0M | 191.0M | 152.0M | 120.0M | 115.0M |
| Tax Refunds Received | 3,200 | 110,800 | 836,800 | 2.1M | 2.3M | 214,800 | 160,900 | 441,900 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 521.0M | 394.0M | 287.0M | 327.0M | 367.0M | 464.0M | 352.0M | 270.0M | 268.0M | 221.0M | 197.0M | 155.0M | 124.0M | 118.0M |
| Cash Paid For Goods | 266.0M | 275.0M | 165.0M | 175.0M | 215.0M | 273.0M | 256.0M | 162.0M | 147.0M | 133.0M | 113.0M | 86.8M | 68.0M | 75.1M |
| Cash Paid To Employees | 80.9M | 74.5M | 64.2M | 50.5M | 43.6M | 53.3M | 45.8M | 39.0M | 31.2M | 32.7M | 24.8M | 15.9M | 12.9M | 7.7M |
| Taxes Paid | 7.5M | 3.5M | 5.9M | 6.6M | 12.6M | 24.2M | 21.5M | 17.6M | 13.6M | 15.3M | 13.7M | 16.1M | 12.7M | 7.4M |
| Total Operating Cash Outflow | 416.0M | 386.0M | 260.0M | 253.0M | 296.0M | 385.0M | 346.0M | 243.0M | 214.0M | 200.0M | 170.0M | 129.0M | 101.0M | 96.5M |
| Operating Cash Flow | 105.0M | 8.3M | 26.5M | 73.7M | 71.9M | 79.4M | 5.8M | 26.8M | 54.5M | 20.8M | 27.6M | 26.3M | 22.5M | 21.5M |
| Total Investing Cash Inflow | 825.0M | 710.0M | 810.0M | 238.0M | 108.0M | 22.8M | 132.0M | 7.0M | 7.5M | 1.9M | 2.2M | 490,500 | 14.6M | 2.1M |
| Total Investing Cash Outflow | 769.0M | 895.0M | 962.0M | 526.0M | 122.0M | 84.4M | 79.5M | 167.0M | 22.5M | 27.9M | 23.7M | 31.6M | 9.2M | 43.0M |
| Investing Cash Flow | 56.9M | -184.0M | -152.0M | -288.0M | -14.2M | -61.6M | 52.3M | -160.0M | -15.0M | -26.0M | -21.5M | -31.1M | 5.4M | -40.9M |
| Cash From Borrowings | 295.0M | 246.0M | 168.0M | 93.7M | 47.0M | 58.0M | 50.0M | -- | -- | 2.0M | 17.0M | -- | 25.0M | 22.0M |
| Dividends And Interest Paid | 60.4M | 14.9M | 12.1M | 6.1M | 8.7M | 6.9M | 13.8M | 400,000 | 4.9M | 5.6M | 13.2M | 659,200 | 2.2M | 5.8M |
| Debt Repayments | 295.0M | 182.0M | 127.0M | 77.8M | 64.4M | 52.6M | -- | -- | -- | 19.0M | -- | 25.0M | 22.0M | 16.0M |
| Total Financing Cash Inflow | 331.0M | 380.0M | 204.0M | 476.0M | 48.9M | 71.3M | 52.4M | 156.0M | -- | 3.2M | 24.3M | 45.0M | 26.6M | 49.0M |
| Total Financing Cash Outflow | 389.0M | 235.0M | 158.0M | 110.0M | 114.0M | 138.0M | 15.1M | 8.5M | 5.3M | 25.0M | 15.8M | 25.7M | 36.0M | 29.8M |
| Financing Cash Flow | -58.0M | 145.0M | 46.3M | 366.0M | -65.0M | -66.5M | 37.3M | 147.0M | -5.3M | -21.8M | 8.5M | 19.3M | -9.3M | 19.2M |
| Net Change In Cash | 104.0M | -29.5M | -73.6M | 145.0M | -6.5M | -49.5M | 95.6M | 13.7M | 34.2M | -27.1M | 14.5M | 14.5M | 18.5M | -214,500 |
| Ending Cash Balance | 258.0M | 154.0M | 183.0M | 257.0M | 112.0M | 118.0M | 168.0M | 72.3M | 58.6M | 24.5M | 51.6M | 37.1M | 22.6M | 4.1M |
| Capex | 42.9M | 171.0M | 33.7M | 53.3M | 24.9M | 32.4M | 34.2M | 47.4M | 19.0M | 18.7M | 23.7M | 31.6M | 9.2M | 11.6M |