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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 890.0M | 956.0M | 1.1B | 1.0B | 740.0M | 814.0M | 658.0M | 628.0M | 666.0M | 626.0M | 598.0M | 494.0M |
| Revenue Growth % | -6.9% | -9.0% | 2.8% | 38.0% | -9.1% | 23.7% | 4.8% | -5.7% | 6.4% | 4.7% | 21.1% | -- |
| Total Revenue | 890.0M | 956.0M | 1.1B | 1.0B | 740.0M | 814.0M | 658.0M | 628.0M | 666.0M | 626.0M | 598.0M | 494.0M |
| Cost Of Revenue | 750.0M | 776.0M | 850.0M | 779.0M | 553.0M | 560.0M | 445.0M | 435.0M | 441.0M | 430.0M | 412.0M | 368.0M |
| Gross Profit | 140.0M | 180.0M | 200.0M | 242.0M | 187.0M | 254.0M | 213.0M | 193.0M | 225.0M | 196.0M | 186.0M | 126.0M |
| Gross Margin % | 15.7% | 18.8% | 19.0% | 23.7% | 25.3% | 31.2% | 32.4% | 30.7% | 33.8% | 31.3% | 31.1% | 25.5% |
| Total Operating Cost | 1.0B | 971.0M | 1.0B | 972.0M | 793.0M | 816.0M | 609.0M | 576.0M | 578.0M | 549.0M | 523.0M | 457.0M |
| Selling Expenses | 137.0M | 77.9M | 53.9M | 60.7M | 52.7M | 81.6M | 84.0M | 71.6M | 53.1M | 38.1M | 33.8M | 24.1M |
| Admin Expenses | 79.7M | 83.6M | 78.9M | 101.0M | 68.8M | 77.4M | 48.7M | 54.3M | 62.9M | 53.5M | 48.1M | 34.2M |
| Rd Expenses | 8.5M | 8.2M | 8.3M | 9.2M | 9.1M | 9.5M | 4.4M | 915,700 | -- | -- | -- | -- |
| Finance Expenses | 23.8M | 13.1M | 12.3M | 12.6M | 23.9M | 22.2M | 21.2M | 11.1M | 17.8M | 25.1M | 28.0M | 26.4M |
| Operating Income | -182.0M | -82.0M | 68.4M | 62.3M | 15.0M | 43.8M | 64.7M | 70.8M | 72.7M | 69.2M | 65.3M | 32.0M |
| Operating Margin % | -20.4% | -8.6% | 6.5% | 6.1% | 2.0% | 5.4% | 9.8% | 11.3% | 10.9% | 11.0% | 10.9% | 6.5% |
| Non Operating Income | 86,000 | 497,800 | 1.2M | 3.6M | 9.0M | 24.8M | 3.1M | 548,100 | 17.3M | 16.8M | 8.7M | 10.7M |
| Non Operating Expenses | 1.6M | 3.2M | 1.4M | 10.8M | 11.7M | 3.7M | 2.5M | 286,600 | 790,700 | 288,300 | 216,700 | 4.4M |
| Investment Income | -- | -- | -787,900 | -3.3M | -12.9M | -8.8M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -68.7M | -76.9M | 19.9M | 9.9M | 74.3M | 47.3M | 175,000 | 8.0M | -15.0M | -7.7M | -9.8M | -4.8M |
| Asset Disposal Income | 648,800 | -- | -22,700 | -574,800 | 313,100 | -2,100 | 2.6M | -276,100 | -158,600 | -- | -- | -- |
| Asset Impairment Loss | -- | -- | -- | 590,900 | 75.8M | 58.0M | 436,400 | -799,600 | -270,700 | -586,700 | -1.6M | 3.7M |
| Other Income | 8.8M | 10.6M | 14.4M | 7.1M | 6.5M | 7.4M | 13.4M | 10.8M | -- | -- | -- | -- |
| Income Before Tax | -183.0M | -84.7M | 68.2M | 55.1M | 12.4M | 65.0M | 65.2M | 71.1M | 89.1M | 85.7M | 73.7M | 38.2M |
| Income Tax | -16.4M | -3.2M | 7.3M | 1.6M | 1.9M | 13.7M | 1.7M | 2.7M | 13.2M | 12.4M | 8.3M | 3.6M |
| Net Income | -167.0M | -81.5M | 60.9M | 53.5M | 10.5M | 51.3M | 63.5M | 68.4M | 75.9M | 73.2M | 65.4M | 34.6M |
| Net Margin % | -18.8% | -8.5% | 5.8% | 5.2% | 1.4% | 6.3% | 9.7% | 10.9% | 11.4% | 11.7% | 10.9% | 7.0% |
| Net Income Attributable | -166.0M | -81.5M | 60.9M | 53.5M | 10.5M | 51.3M | 63.5M | 68.4M | 75.9M | 73.2M | 65.4M | 34.6M |
| Minority Interest | -640,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.86 | -0.42 | 0.28 | 0.23 | 0.05 | 0.27 | 0.34 | 0.46 | 0.54 | 0.65 | 0.62 | 0.33 |
| Eps Diluted | -0.86 | -0.42 | 0.28 | 0.23 | 0.05 | 0.27 | 0.34 | 0.46 | 0.54 | 0.65 | 0.62 | 0.33 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 244.0M | 236.0M | 256.0M | 404.0M | 847.0M | 414.0M | 403.0M | 748.0M | 277.0M | 268.0M | 242.0M | 139.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- | 20.4M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 52.4M | 44.1M | 65.5M | 39.0M | 41.6M | 29.6M | 36.5M | 24.4M | 14.0M | 28.5M | 21.8M | 33.6M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 200,000 | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 52.4M | 44.1M | 65.5M | 39.0M | 41.6M | 29.6M | 36.7M | 24.4M | 14.0M | 28.5M | 21.8M | 33.6M |
| Prepayments | 8.9M | 8.8M | 5.2M | 2.8M | 8.0M | 16.2M | 13.4M | 6.1M | 8.6M | 17.0M | 17.1M | 22.5M |
| Inventory | 223.0M | 211.0M | 224.0M | 176.0M | 114.0M | 94.8M | 88.9M | 71.1M | 75.1M | 86.4M | 109.0M | 121.0M |
| Total Current Assets | 548.0M | 510.0M | 561.0M | 633.0M | 1.0B | 610.0M | 558.0M | 872.0M | 384.0M | 469.0M | 396.0M | 326.0M |
| Fixed Assets | -- | 1.3B | 1.4B | 1.5B | 1.2B | 1.2B | -- | 626.0M | 650.0M | 616.0M | 588.0M | 535.0M |
| Fixed Assets Total | 1.2B | 1.3B | 1.4B | 1.5B | 1.2B | 1.2B | 939.0M | 626.0M | 650.0M | 616.0M | 588.0M | 535.0M |
| Construction In Progress | -- | 3.9M | -- | 2.0M | 152.0M | 59.2M | 37.7M | 40.5M | 33.0M | 34.6M | 29.4M | 35.4M |
| Construction In Progress Total | 2.1M | 3.9M | -- | 2.0M | 152.0M | 59.2M | 37.7M | 40.5M | 33.0M | 34.6M | 29.4M | 35.4M |
| Intangible Assets | 88.2M | 91.1M | 94.3M | 97.8M | 97.2M | 90.6M | 74.7M | 20.6M | 19.0M | 18.9M | 15.0M | 14.2M |
| Long Term Deferred Expenses | 2.6M | 2.9M | 2.9M | 3.5M | 4.2M | 7.1M | 8.1M | 1.6M | 1.6M | 2.8M | 1.0M | 2.0M |
| Total Non Current Assets | 1.9B | 2.0B | 2.1B | 2.2B | 2.0B | 1.9B | 1.5B | 932.0M | 958.0M | 872.0M | 805.0M | 735.0M |
| Total Assets | 2.4B | 2.5B | 2.7B | 2.8B | 3.1B | 2.5B | 2.0B | 1.8B | 1.3B | 1.3B | 1.2B | 1.1B |
| Short Term Borrowings | 490.0M | 541.0M | 531.0M | 215.0M | 322.0M | 315.0M | 437.0M | 406.0M | 300.0M | 350.0M | 371.0M | 360.0M |
| Accounts Payable | 138.0M | 175.0M | 206.0M | 253.0M | 214.0M | 228.0M | 165.0M | 101.0M | 105.0M | 90.3M | 87.6M | 72.4M |
| Advance Receipts | -- | -- | -- | -- | -- | -- | -- | 20.6M | 20.3M | 20.7M | 28.1M | 17.5M |
| Contract Liabilities | 10.9M | 15.1M | 12.3M | 18.7M | 10.7M | 16.5M | 26.6M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 979.0M | 824.0M | 733.0M | 1.1B | 960.0M | 775.0M | 607.0M | 487.0M | 540.0M | 587.0M | 497.0M |
| Long Term Borrowings | 222.0M | 210.0M | 428.0M | 353.0M | 311.0M | 227.0M | 39.6M | 26.6M | 44.5M | 59.5M | 73.5M | 86.5M |
| Total Non Current Liabilities | 292.0M | 287.0M | 505.0M | 437.0M | 395.0M | 307.0M | 88.4M | 68.9M | 94.1M | 106.0M | 119.0M | 134.0M |
| Total Liabilities | 1.3B | 1.3B | 1.3B | 1.2B | 1.5B | 1.3B | 864.0M | 676.0M | 581.0M | 646.0M | 706.0M | 631.0M |
| Paid In Capital | 196.0M | 196.0M | 197.0M | 232.0M | 234.0M | 191.0M | 187.0M | 187.0M | 141.0M | 141.0M | 105.0M | 105.0M |
| Capital Reserve | 546.0M | 539.0M | 546.0M | 847.0M | 855.0M | 531.0M | 509.0M | 509.0M | 246.0M | 246.0M | 156.0M | 156.0M |
| Surplus Reserve | 46.6M | 46.6M | 46.2M | 45.3M | 43.4M | 43.4M | 37.2M | 32.1M | 28.2M | 21.7M | 15.7M | 10.1M |
| Retained Earnings | 319.0M | 485.0M | 580.0M | 530.0M | 483.0M | 483.0M | 451.0M | 399.0M | 345.0M | 286.0M | 219.0M | 159.0M |
| Minority Equity | 259,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.3B | 1.4B | 1.6B | 1.6B | 1.2B | 1.2B | 1.1B | 760.0M | 694.0M | 495.0M | 430.0M |
| Total Equity | 1.1B | 1.3B | 1.4B | 1.6B | 1.6B | 1.2B | 1.2B | 1.1B | 760.0M | 694.0M | 495.0M | 430.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.0B | 1.1B | 1.1B | 1.1B | 817.0M | 897.0M | 709.0M | 725.0M | 798.0M | 723.0M | 725.0M | 591.0M |
| Tax Refunds Received | -- | -- | -- | -- | 914,100 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.1B | 1.2B | 1.2B | 1.2B | 861.0M | 938.0M | 745.0M | 741.0M | 805.0M | 735.0M | 731.0M | 600.0M |
| Cash Paid For Goods | 738.0M | 775.0M | 809.0M | 758.0M | 528.0M | 576.0M | 487.0M | 423.0M | 457.0M | 454.0M | 372.0M | 401.0M |
| Cash Paid To Employees | 101.0M | 103.0M | 99.8M | 95.2M | 67.5M | 70.1M | 56.1M | 49.4M | 48.5M | 37.8M | 32.5M | 26.8M |
| Taxes Paid | 38.6M | 42.9M | 41.8M | 35.0M | 30.6M | 61.9M | 35.0M | 43.8M | 51.4M | 48.8M | 36.3M | 20.8M |
| Total Operating Cash Outflow | 998.0M | 990.0M | 1.0B | 972.0M | 720.0M | 798.0M | 650.0M | 607.0M | 631.0M | 594.0M | 483.0M | 487.0M |
| Operating Cash Flow | 63.0M | 161.0M | 180.0M | 207.0M | 142.0M | 140.0M | 95.2M | 134.0M | 174.0M | 141.0M | 248.0M | 112.0M |
| Total Investing Cash Inflow | 45.5M | 29.9M | 20.2M | 42.0M | 62.9M | 31.2M | 36.8M | 60.9M | 136.0M | 25.4M | 27.4M | 56.7M |
| Total Investing Cash Outflow | 111.0M | 132.0M | 205.0M | 375.0M | 410.0M | 472.0M | 428.0M | 98.8M | 171.0M | 207.0M | 155.0M | 209.0M |
| Investing Cash Flow | -65.3M | -102.0M | -185.0M | -333.0M | -347.0M | -441.0M | -391.0M | -38.0M | -34.6M | -182.0M | -127.0M | -153.0M |
| Cash From Borrowings | 899.0M | 699.0M | 1.1B | 468.0M | 551.0M | 655.0M | 460.0M | 431.0M | 320.0M | 380.0M | 371.0M | 384.0M |
| Dividends And Interest Paid | 35.5M | 50.4M | 45.5M | 26.4M | 38.0M | 44.8M | 37.9M | 31.8M | 29.1M | 25.5M | 27.8M | 26.0M |
| Debt Repayments | 820.0M | 713.0M | 814.0M | 471.0M | 469.0M | 563.0M | 469.0M | 335.0M | 384.0M | 414.0M | 375.0M | 269.0M |
| Total Financing Cash Inflow | 918.0M | 707.0M | 1.1B | 760.0M | 1.5B | 945.0M | 460.0M | 752.0M | 320.0M | 532.0M | 371.0M | 384.0M |
| Total Financing Cash Outflow | 922.0M | 793.0M | 1.3B | 903.0M | 872.0M | 785.0M | 512.0M | 384.0M | 419.0M | 476.0M | 409.0M | 301.0M |
| Financing Cash Flow | -4.5M | -86.5M | -122.0M | -143.0M | 589.0M | 160.0M | -52.1M | 369.0M | -99.0M | 56.1M | -37.7M | 83.3M |
| Net Change In Cash | -6.9M | -27.2M | -109.0M | -269.0M | 383.0M | -141.0M | -348.0M | 464.0M | 41.6M | 16.2M | 83.1M | 43.0M |
| Ending Cash Balance | 220.0M | 227.0M | 254.0M | 363.0M | 632.0M | 248.0M | 389.0M | 737.0M | 273.0M | 232.0M | 215.0M | 132.0M |
| Capex | 111.0M | 132.0M | 205.0M | 375.0M | 410.0M | 460.0M | 213.0M | 73.0M | 57.6M | 85.7M | 81.4M | 87.3M |