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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 437.0M | 501.0M | 435.0M | 626.0M | 429.0M | 459.0M | 583.0M | 549.0M | 527.0M | 557.0M | 674.0M | 600.0M | 538.0M | 565.0M | 418.0M | 319.0M | 278.0M | 197.0M |
| Revenue Growth % | -12.8% | 15.2% | -30.5% | 45.9% | -6.5% | -21.3% | 6.2% | 4.2% | -5.4% | -17.4% | 12.3% | 11.5% | -4.8% | 35.2% | 31.0% | 14.7% | 41.1% | -- |
| Total Revenue | 437.0M | 501.0M | 435.0M | 626.0M | 429.0M | 459.0M | 583.0M | 549.0M | 527.0M | 557.0M | 674.0M | 600.0M | 538.0M | 565.0M | 418.0M | 319.0M | 278.0M | 197.0M |
| Cost Of Revenue | 378.0M | 424.0M | 388.0M | 541.0M | 345.0M | 362.0M | 519.0M | 452.0M | 417.0M | 457.0M | 533.0M | 481.0M | 433.0M | 438.0M | 323.0M | 230.0M | 212.0M | 153.0M |
| Gross Profit | 59.0M | 77.0M | 47.0M | 85.0M | 84.0M | 97.0M | 64.0M | 97.0M | 110.0M | 100.0M | 141.0M | 119.0M | 105.0M | 127.0M | 95.0M | 89.0M | 66.0M | 44.0M |
| Gross Margin % | 13.5% | 15.4% | 10.8% | 13.6% | 19.6% | 21.1% | 11.0% | 17.7% | 20.9% | 18.0% | 20.9% | 19.8% | 19.5% | 22.5% | 22.7% | 27.9% | 23.7% | 22.3% |
| Total Operating Cost | 489.0M | 525.0M | 462.0M | 641.0M | 457.0M | 481.0M | 645.0M | 557.0M | 526.0M | 554.0M | 613.0M | 553.0M | 482.0M | 485.0M | 364.0M | 270.0M | 247.0M | 176.0M |
| Selling Expenses | 37.9M | 39.4M | 28.2M | 31.1M | 34.8M | 41.4M | 57.0M | 38.4M | 43.5M | 34.4M | 34.8M | 33.4M | 27.3M | 24.1M | 15.8M | 13.3M | 9.9M | 6.4M |
| Admin Expenses | 35.2M | 33.6M | 29.9M | 29.4M | 31.0M | 30.7M | 28.4M | 24.3M | 62.1M | 71.5M | 55.5M | 44.1M | 37.1M | 32.6M | 24.6M | 22.6M | 17.8M | 13.4M |
| Rd Expenses | 28.1M | 32.9M | 23.7M | 27.2M | 21.8M | 31.1M | 32.0M | 21.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -774,200 | -9.0M | -13.6M | 7.5M | 9.3M | 2.3M | -15.0M | 13.4M | -9.0M | -14.6M | -15.1M | -8.4M | -17.6M | -13.3M | -291,000 | 1.6M | 3.7M | 2.2M |
| Operating Income | -16.9M | 4.2M | 3.7M | 10.9M | 11.1M | 9.6M | -46.8M | 3.2M | 4.6M | 5.1M | 61.0M | 47.0M | 56.4M | 79.6M | 53.6M | 48.3M | 30.5M | 21.4M |
| Operating Margin % | -3.9% | 0.8% | 0.9% | 1.7% | 2.6% | 2.1% | -8.0% | 0.6% | 0.9% | 0.9% | 9.0% | 7.8% | 10.5% | 14.1% | 12.8% | 15.1% | 11.0% | 10.9% |
| Non Operating Income | 1.00 | 69,000 | 5,400 | 30.00 | 11,800 | 74,000 | 60,300 | 132,700 | 2.2M | 3.5M | 10.5M | 24.0M | 9.1M | 7.8M | 9.6M | 723,300 | 3.4M | 2.0M |
| Non Operating Expenses | 1.2M | 188,300 | 360,500 | 266,200 | 500,600 | -- | 236,100 | 210,000 | 300,000 | 523,000 | 293,400 | 367,200 | 332,600 | 58,000 | 72,700 | 98,300 | 353,000 | 129,100 |
| Investment Income | 16.4M | 19.9M | 24.2M | 22.5M | 33.0M | 24.5M | 13.5M | 9.0M | 3.4M | 2.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 9.7M | -35,400 | -89,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 401,200 | -718,000 | 282,900 | 2,300 | -3,100 | -101,500 | -1.0M | -39,500 | -167,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.6M | 2.5M | -131,100 | -568,000 | 8.0M | 3.5M | 18.6M | 1.7M | 7.6M | 3.9M | 1.9M | 1.3M | 788,900 | 1.3M | 525,600 | 1.5M | 2.7M | 236,600 |
| Other Income | 8.3M | 8.7M | 6.6M | 3.4M | 6.0M | 6.6M | 2.2M | 1.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -18.2M | 4.1M | 3.4M | 10.6M | 10.6M | 9.6M | -47.0M | 3.1M | 6.5M | 8.1M | 71.2M | 70.6M | 65.1M | 87.3M | 63.1M | 48.9M | 33.6M | 23.3M |
| Income Tax | 1.1M | 25,100 | -566,900 | 394,300 | -876,300 | 667,100 | -2.0M | -1.2M | 295,900 | 4.5M | 9.0M | 7.8M | 8.9M | 13.0M | 9.0M | 6.4M | 3.6M | 3.4M |
| Net Income | -19.3M | 4.1M | 3.9M | 10.2M | 11.5M | 9.0M | -45.0M | 4.4M | 6.2M | 3.6M | 62.2M | 62.8M | 56.2M | 74.3M | 54.1M | 42.5M | 30.0M | 20.0M |
| Net Margin % | -4.4% | 0.8% | 0.9% | 1.6% | 2.7% | 2.0% | -7.7% | 0.8% | 1.2% | 0.7% | 9.2% | 10.5% | 10.4% | 13.1% | 13.0% | 13.3% | 10.8% | 10.1% |
| Net Income Attributable | -19.3M | 4.1M | 3.9M | 10.2M | 11.5M | 9.2M | -44.8M | 4.4M | 6.2M | 7.7M | 62.1M | 58.5M | 52.5M | 74.3M | 54.1M | 42.5M | 30.0M | 20.0M |
| Minority Interest | -500.00 | -500.00 | -500.00 | -600.00 | -18,000 | -276,100 | -176,700 | -88,700 | -22,600 | -4.1M | 117,600 | 4.4M | 3.7M | -- | -- | -- | -- | -- |
| Eps Basic | -0.06 | 0.01 | 0.01 | 0.03 | 0.04 | 0.03 | -0.15 | 0.01 | 0.02 | 0.03 | 0.21 | 0.19 | 0.35 | 0.49 | 0.44 | 0.70 | 0.54 | 0.37 |
| Eps Diluted | -0.06 | 0.01 | 0.01 | 0.03 | 0.04 | 0.03 | -0.15 | 0.01 | 0.02 | 0.03 | 0.21 | 0.19 | 0.35 | 0.49 | 0.44 | 0.70 | 0.54 | 0.37 |
| 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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 129.0M | 224.0M | 230.0M | 192.0M | 95.4M | 102.0M | 104.0M | 229.0M | 241.0M | 206.0M | 567.0M | 582.0M | 608.0M | 653.0M | 710.0M | 45.4M | 30.4M | 14.0M |
| Accounts Receivable | 73.9M | 82.4M | 121.0M | 75.7M | 61.9M | 58.1M | 83.4M | 167.0M | 194.0M | 261.0M | 167.0M | 106.0M | 102.0M | 102.0M | 36.3M | 28.7M | 15.7M | 17.1M |
| Notes Receivable | 8.8M | 10.0M | 110,100 | -- | -- | -- | 1.6M | 3.5M | 14.5M | 14.0M | 33.3M | 14.9M | 8.3M | 1.1M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 82.7M | 92.5M | 121.0M | 75.7M | 61.9M | 58.1M | 84.9M | 171.0M | 209.0M | 275.0M | 201.0M | 121.0M | 110.0M | 104.0M | 36.3M | 28.7M | 15.7M | 17.1M |
| Prepayments | 9.6M | 6.6M | 9.1M | 7.8M | 5.1M | 5.6M | 6.1M | 6.8M | 7.3M | 9.7M | 16.1M | 13.7M | 17.9M | 16.1M | 8.4M | 5.8M | 3.0M | 6.9M |
| Inventory | 142.0M | 162.0M | 153.0M | 182.0M | 138.0M | 124.0M | 156.0M | 159.0M | 162.0M | 132.0M | 122.0M | 131.0M | 121.0M | 113.0M | 96.2M | 56.1M | 52.4M | 66.0M |
| Total Current Assets | 820.0M | 1.0B | 678.0M | 785.0M | 947.0M | 883.0M | 869.0M | 893.0M | 892.0M | 824.0M | 929.0M | 869.0M | 869.0M | 895.0M | 856.0M | 142.0M | 105.0M | 110.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | 1.3M | 2.3M | 2.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 97.1M | 113.0M | 124.0M | 138.0M | 148.0M | 160.0M | 177.0M | 197.0M | 204.0M | 187.0M | 150.0M | 129.0M | 103.0M | 92.1M | 75.1M | 67.4M | 68.5M |
| Fixed Assets Total | 92.3M | 97.1M | 113.0M | 124.0M | 138.0M | 148.0M | 160.0M | 177.0M | 197.0M | 204.0M | 187.0M | 150.0M | 129.0M | 103.0M | 92.1M | 75.1M | 67.4M | 68.5M |
| Construction In Progress | -- | 10.0M | 9.3M | 9.6M | 9.2M | 15.7M | 11.9M | 10.0M | 9.2M | 15.9M | 41.1M | 50.2M | 45.2M | 40.5M | 15.7M | 18.6M | 9.3M | 4.2M |
| Construction In Progress Total | 9.5M | 10.0M | 9.3M | 9.6M | 9.2M | 15.7M | 11.9M | 10.0M | 9.2M | 15.9M | 41.1M | 50.2M | 45.2M | 40.5M | 15.7M | 18.6M | 9.3M | 4.2M |
| Intangible Assets | 89.2M | 30.4M | 43.1M | 44.6M | 46.3M | 47.5M | 48.6M | 50.1M | 51.5M | 59.4M | 63.8M | 68.1M | 72.5M | 74.5M | 42.7M | 43.4M | 11.3M | 10.7M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 83,500 | 286,000 | 223,400 | 588,300 | 963,100 | 1.3M |
| Total Non Current Assets | 456.0M | 311.0M | 647.0M | 639.0M | 321.0M | 304.0M | 342.0M | 389.0M | 404.0M | 443.0M | 309.0M | 280.0M | 248.0M | 219.0M | 151.0M | 138.0M | 89.4M | 84.7M |
| Total Assets | 1.3B | 1.3B | 1.3B | 1.4B | 1.3B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B | 1.1B | 1.0B | 279.0M | 194.0M | 195.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 28.0M | 48.0M | 25.0M |
| Accounts Payable | 118.0M | 86.3M | 116.0M | 124.0M | 135.0M | 102.0M | 107.0M | 112.0M | 89.0M | 106.0M | 145.0M | 116.0M | 134.0M | 123.0M | 82.8M | 57.4M | 26.4M | 60.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.7M | 4.2M | 4.5M | 6.2M | 4.7M | 2.4M | 7.8M | 9.0M | 4.0M | 2.9M | 3.5M | 2.8M | 4.5M |
| Contract Liabilities | 1.4M | 2.5M | 3.6M | 2.3M | 2.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 212.0M | 254.0M | 231.0M | 308.0M | 238.0M | 212.0M | 242.0M | 236.0M | 253.0M | 206.0M | 184.0M | 149.0M | 163.0M | 143.0M | 96.2M | 97.8M | 80.6M | 126.0M |
| Total Non Current Liabilities | 7.0M | 1.1M | 1.6M | 7.5M | 10.0M | 2.4M | 3.0M | 8.8M | 8.2M | 12.8M | 5.4M | 6.0M | 5.2M | 10.3M | 14.8M | 11.8M | -- | -- |
| Total Liabilities | 219.0M | 255.0M | 233.0M | 316.0M | 248.0M | 214.0M | 245.0M | 245.0M | 261.0M | 219.0M | 190.0M | 155.0M | 168.0M | 154.0M | 111.0M | 110.0M | 80.6M | 126.0M |
| Paid In Capital | 304.0M | 304.0M | 304.0M | 304.0M | 304.0M | 304.0M | 304.0M | 305.0M | 306.0M | 307.0M | 307.0M | 152.0M | 152.0M | 152.0M | 84.2M | 63.1M | 60.0M | 38.0M |
| Capital Reserve | 473.0M | 473.0M | 473.0M | 473.0M | 473.0M | 473.0M | 473.0M | 475.0M | 477.0M | 478.0M | 493.0M | 637.0M | 637.0M | 637.0M | 704.0M | 53.1M | 42.3M | 2.1M |
| Surplus Reserve | 57.2M | 56.8M | 56.1M | 53.3M | 44.2M | 42.5M | 41.5M | 41.5M | 41.3M | 40.0M | 38.5M | 31.4M | 26.5M | 21.5M | 15.5M | 10.2M | 6.0M | 3.1M |
| Retained Earnings | 254.0M | 272.0M | 272.0M | 261.0M | 172.0M | 165.0M | 157.0M | 205.0M | 205.0M | 206.0M | 208.0M | 161.0M | 122.0M | 150.0M | 92.2M | 43.4M | 5.1M | 25.1M |
| Minority Equity | -1.9M | -1.9M | -1.9M | -1.9M | -1.9M | -1.9M | -1.6M | -1.4M | -1.3M | -1.3M | 9.4M | 13.2M | 12.2M | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | 975.0M | 968.0M | 1.0B | 1.0B | 1.0B | 1.0B | 980.0M | 937.0M | 960.0M | 896.0M | 170.0M | 113.0M | 68.2M |
| Total Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | 973.0M | 966.0M | 1.0B | 1.0B | 1.0B | 1.0B | 993.0M | 949.0M | 960.0M | 896.0M | 170.0M | 113.0M | 68.2M |
| 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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 430.0M | 568.0M | 436.0M | 701.0M | 438.0M | 621.0M | 715.0M | 533.0M | 546.0M | 472.0M | 604.0M | 592.0M | 569.0M | 547.0M | 456.0M | 343.0M | 314.0M | 221.0M |
| Tax Refunds Received | 28.9M | 44.6M | 35.8M | 49.1M | 27.9M | 39.6M | 82.8M | 65.1M | 47.8M | 60.4M | 52.0M | 42.5M | 42.5M | 35.3M | 22.9M | 10.1M | 4.3M | 7.0M |
| Total Operating Cash Inflow | 495.0M | 634.0M | 508.0M | 756.0M | 479.0M | 677.0M | 804.0M | 601.0M | 598.0M | 546.0M | 674.0M | 657.0M | 621.0M | 597.0M | 493.0M | 367.0M | 328.0M | 233.0M |
| Cash Paid For Goods | 363.0M | 407.0M | 421.0M | 599.0M | 312.0M | 462.0M | 515.0M | 368.0M | 309.0M | 374.0M | 452.0M | 472.0M | 428.0M | 440.0M | 353.0M | 212.0M | 244.0M | 181.0M |
| Cash Paid To Employees | 113.0M | 127.0M | 107.0M | 125.0M | 98.9M | 118.0M | 142.0M | 116.0M | 117.0M | 113.0M | 109.0M | 91.8M | 75.2M | 64.6M | 50.3M | 28.9M | 22.7M | 15.4M |
| Taxes Paid | 19.6M | 19.4M | 26.5M | 11.4M | 24.2M | 23.4M | 35.0M | 27.4M | 26.7M | 35.7M | 42.7M | 35.1M | 38.3M | 33.2M | 20.0M | 24.7M | 24.1M | 6.3M |
| Total Operating Cash Outflow | 531.0M | 597.0M | 575.0M | 765.0M | 472.0M | 634.0M | 744.0M | 544.0M | 521.0M | 576.0M | 642.0M | 638.0M | 572.0M | 572.0M | 444.0M | 286.0M | 315.0M | 218.0M |
| Operating Cash Flow | -35.5M | 36.7M | -66.8M | -8.8M | 6.4M | 42.9M | 59.8M | 57.7M | 77.5M | -29.9M | 32.6M | 18.8M | 48.1M | 24.8M | 49.2M | 80.6M | 12.8M | 14.6M |
| Total Investing Cash Inflow | 1.4B | 383.0M | 588.0M | 1.1B | 1.1B | 1.1B | 236.0M | 103.0M | 186.0M | 476.0M | 257.0M | 430.0M | 338.0M | 247.0M | 413,400 | 550,000 | 300,000 | -- |
| Total Investing Cash Outflow | 1.4B | 438.0M | 452.0M | 1.0B | 1.1B | 1.1B | 430.0M | 154.0M | 252.0M | 811.0M | 61.1M | 292.0M | 451.0M | 396.0M | 268.0M | 58.3M | 10.5M | 15.1M |
| Investing Cash Flow | -13.7M | -54.4M | 136.0M | 81.4M | -6.5M | -37.3M | -194.0M | -51.0M | -66.3M | -336.0M | 195.0M | 139.0M | -113.0M | -149.0M | -267.0M | -57.8M | -10.2M | -15.1M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 28.0M | 28.0M | 48.0M | 25.0M |
| Dividends And Interest Paid | 3.0M | 3.0M | 3.0M | 3.0M | 3.0M | -- | 3.1M | 4.6M | 6.1M | 7.7M | 7.6M | 15.2M | 75.8M | 10.1M | 1.2M | 1.6M | 2.9M | 1.8M |
| Debt Repayments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 56.0M | 48.0M | 25.0M | 30.0M |
| Total Financing Cash Inflow | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 9.5M | -- | -- | -- | 708.0M | 41.9M | 64.8M | 25.0M |
| Total Financing Cash Outflow | 25.5M | 3.2M | 3.8M | 3.8M | 3.0M | -- | 6.3M | 6.7M | 7.9M | 8.1M | 7.6M | 15.2M | 75.8M | 10.1M | 65.2M | 49.6M | 50.2M | 31.8M |
| Financing Cash Flow | -25.5M | -3.2M | -3.8M | -3.8M | -3.0M | -- | -6.3M | -6.7M | -7.9M | -8.1M | 2.0M | -15.2M | -75.8M | -10.1M | 643.0M | -7.7M | 14.6M | -6.8M |
| Net Change In Cash | -71.0M | -19.2M | 64.8M | 67.3M | -6.7M | 6.1M | -125.0M | -9.4M | 10.0M | -369.0M | 230.0M | 142.0M | -141.0M | -135.0M | 424.0M | 15.0M | 16.4M | -7.8M |
| Ending Cash Balance | 114.0M | 185.0M | 204.0M | 139.0M | 72.1M | 78.8M | 72.7M | 198.0M | 207.0M | 197.0M | 567.0M | 337.0M | 194.0M | 335.0M | 470.0M | 45.4M | 30.4M | 14.0M |
| Capex | 68.3M | 3.0M | 6.6M | 6.4M | 3.9M | 12.9M | 3.6M | 4.0M | 13.1M | 21.9M | 48.0M | 46.4M | 37.4M | 78.7M | 27.8M | 58.3M | 8.8M | 15.1M |