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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 801.0M | 879.0M | 1.4B | 1.3B | 1.2B | 1.4B | 1.2B | 973.0M | 877.0M | 489.0M | 387.0M | 276.0M | 218.0M | 180.0M | 120.0M | 71.7M |
| Revenue Growth % | 42.9% | -8.9% | -39.3% | 7.7% | 14.2% | -14.0% | 9.9% | 28.2% | 10.9% | 79.3% | 26.4% | 40.2% | 26.6% | 21.1% | 50.0% | 67.4% | -- |
| Total Revenue | 1.1B | 801.0M | 879.0M | 1.4B | 1.3B | 1.2B | 1.4B | 1.2B | 973.0M | 877.0M | 489.0M | 387.0M | 276.0M | 218.0M | 180.0M | 120.0M | 71.7M |
| Cost Of Revenue | 987.0M | 691.0M | 726.0M | 1.2B | 1.2B | 885.0M | 1.0B | 910.0M | 739.0M | 648.0M | 334.0M | 261.0M | 169.0M | 126.0M | 105.0M | 62.4M | 36.3M |
| Gross Profit | 158.0M | 110.0M | 153.0M | 254.0M | 183.0M | 294.0M | 347.0M | 337.0M | 234.0M | 229.0M | 155.0M | 126.0M | 107.0M | 92.0M | 75.0M | 57.6M | 35.4M |
| Gross Margin % | 13.8% | 13.7% | 17.4% | 17.5% | 13.6% | 24.9% | 25.3% | 27.0% | 24.0% | 26.1% | 31.7% | 32.6% | 38.8% | 42.2% | 41.7% | 48.0% | 49.4% |
| Total Operating Cost | 1.2B | 1.0B | 1.0B | 1.4B | 1.6B | 1.2B | 1.4B | 1.2B | 984.0M | 845.0M | 460.0M | 368.0M | 244.0M | 182.0M | 144.0M | 93.4M | 54.3M |
| Selling Expenses | 65.6M | 73.2M | 77.1M | 79.6M | 89.6M | 93.5M | 90.0M | 74.0M | 57.3M | 57.0M | 48.3M | 45.9M | 33.3M | 27.2M | 18.0M | 13.2M | 7.7M |
| Admin Expenses | 57.4M | 68.4M | 103.0M | 80.4M | 83.9M | 81.8M | 77.3M | 74.5M | 105.0M | 94.6M | 50.0M | 39.1M | 31.0M | 17.5M | 12.8M | 11.0M | 7.7M |
| Rd Expenses | 43.1M | 52.4M | 55.6M | 58.3M | 61.5M | 63.6M | 72.0M | 48.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 15.7M | 19.5M | 21.3M | 34.1M | 39.4M | 50.2M | 34.8M | 22.9M | 6.8M | 8.4M | 1.2M | -234,000 | -3.1M | 1.1M | 2.5M | 1.4M | 647,900 |
| Operating Income | -94.3M | -265.0M | -54.7M | 22.3M | -223.0M | -8.6M | 37.7M | 91.2M | -12.7M | 28.4M | 27.1M | 17.7M | 31.4M | 35.8M | 36.1M | 26.9M | 17.4M |
| Operating Margin % | -8.2% | -33.1% | -6.2% | 1.5% | -16.6% | -0.7% | 2.8% | 7.3% | -1.3% | 3.2% | 5.5% | 4.6% | 11.4% | 16.4% | 20.0% | 22.4% | 24.2% |
| Non Operating Income | 412,600 | 770,800 | 260,000 | 2.1M | 950,000 | 7.3M | 75,000 | 1.9M | 66.8M | 4.4M | 5.7M | 3.2M | 9.5M | 6.9M | 701,200 | -- | 115,700 |
| Non Operating Expenses | 1.7M | 3.0M | 1.9M | 5.1M | 859,700 | 3.6M | 205,400 | 171,000 | 866,600 | 467,300 | 142,600 | 106,500 | 25,700 | 1,600 | 200.00 | 26,600 | 204,300 |
| Investment Income | 5.4M | -60.4M | 90.1M | 6.2M | 9.2M | 21.1M | 4.9M | 2.9M | -1.9M | -3.4M | -1.7M | -582,700 | -228,200 | -- | -- | -- | -- |
| Fair Value Change Income | -7.8M | -1.2M | -- | 397,600 | -88,000 | -21,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 175,100 | -4.5M | 82,700 | -- | 893,200 | 92,000 | -112,300 | -265,300 | -196,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 23.0M | 31.3M | 36.4M | 12.3M | 86.9M | 14.3M | 45.0M | 25.3M | 68.7M | 25.4M | 16.2M | 14.6M | 9.0M | 6.1M | 3.1M | 2.8M | 567,800 |
| Other Income | 9.8M | 11.0M | 14.3M | 8.6M | 19.7M | 17.2M | 13.7M | 8.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -95.6M | -268.0M | -56.4M | 19.3M | -223.0M | -4.9M | 37.6M | 92.9M | 53.2M | 32.3M | 32.7M | 20.8M | 40.9M | 42.8M | 36.8M | 26.9M | 17.3M |
| Income Tax | -8.2M | -24.2M | -3.5M | 7.6M | -6.0M | -2.1M | 314,800 | 5.1M | 14.0M | 5.0M | 4.9M | 2.5M | 6.5M | 6.4M | 5.8M | 4.7M | 2.9M |
| Net Income | -87.5M | -243.0M | -52.9M | 11.7M | -217.0M | -2.8M | 37.3M | 87.8M | 39.2M | 27.3M | 27.8M | 18.3M | 34.3M | 36.4M | 31.0M | 22.2M | 14.4M |
| Net Margin % | -7.6% | -30.3% | -6.0% | 0.8% | -16.1% | -0.2% | 2.7% | 7.0% | 4.0% | 3.1% | 5.7% | 4.7% | 12.4% | 16.7% | 17.2% | 18.5% | 20.1% |
| Net Income Attributable | -87.1M | -216.0M | -32.5M | 30.2M | -166.0M | 3.3M | 38.3M | 90.9M | 44.4M | 14.7M | 11.1M | 7.4M | 28.2M | 36.4M | 31.0M | 22.2M | 14.4M |
| Minority Interest | -331,700 | -26.8M | -20.4M | -18.5M | -50.9M | -6.0M | -1.0M | -3.1M | -5.2M | 12.6M | 16.6M | 10.8M | 6.1M | -- | -- | -- | -- |
| Eps Basic | -0.20 | -0.49 | -0.07 | 0.07 | -0.38 | 0.01 | 0.09 | 0.21 | 0.13 | 0.03 | 0.07 | 0.05 | 0.18 | 0.54 | 0.53 | 0.39 | 0.27 |
| Eps Diluted | -0.20 | -0.49 | -0.07 | 0.07 | -0.38 | 0.01 | 0.09 | 0.21 | 0.13 | 0.03 | 0.07 | 0.05 | 0.18 | 0.54 | 0.53 | 0.39 | 0.27 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 148.0M | 167.0M | 213.0M | 222.0M | 238.0M | 207.0M | 347.0M | 291.0M | 336.0M | 117.0M | 178.0M | 115.0M | 185.0M | 299.0M | 49.1M | 34.5M | 14.1M |
| Trading Financial Assets | -- | 7.8M | 13.1M | 13.1M | 46.6M | 46.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 642.0M | 576.0M | 624.0M | 787.0M | 875.0M | 1.1B | 1.2B | 1.0B | 715.0M | 657.0M | 595.0M | 315.0M | 217.0M | 152.0M | 95.9M | 69.4M | 44.2M |
| Notes Receivable | 12.2M | 23.3M | 50.4M | 49.2M | 108.0M | 1.3M | 24.7M | 58.7M | 75.2M | 64.8M | 4.2M | 3.2M | 24.6M | 362,600 | -- | -- | -- |
| Notes And Accounts Receivable | 654.0M | 599.0M | 674.0M | 837.0M | 982.0M | 1.1B | 1.2B | 1.1B | 790.0M | 722.0M | 599.0M | 318.0M | 242.0M | 152.0M | 95.9M | 69.4M | 44.2M |
| Prepayments | 7.5M | 22.8M | 28.6M | 46.5M | 79.1M | 88.9M | 112.0M | 91.7M | 68.3M | 60.2M | 43.2M | 18.3M | 12.1M | 8.0M | 5.3M | 2.8M | 3.0M |
| Inventory | 280.0M | 195.0M | 352.0M | 451.0M | 494.0M | 423.0M | 364.0M | 243.0M | 221.0M | 269.0M | 220.0M | 93.3M | 41.8M | 42.7M | 27.9M | 26.8M | 18.4M |
| Total Current Assets | 1.2B | 1.1B | 1.4B | 1.8B | 1.9B | 2.0B | 2.1B | 1.8B | 1.5B | 1.2B | 1.1B | 566.0M | 491.0M | 515.0M | 186.0M | 138.0M | 83.9M |
| Long Term Equity Investment | -- | 32.6M | 31.4M | 34.6M | 21.7M | -- | -- | 8.0M | 10.3M | 12.2M | 9.8M | 11.7M | 9.8M | -- | -- | -- | -- |
| Fixed Assets | -- | 88.9M | 164.0M | 185.0M | 198.0M | 197.0M | 219.0M | 217.0M | 396.0M | 94.6M | 96.5M | 42.0M | 24.0M | 16.9M | 14.5M | 13.9M | 13.0M |
| Fixed Assets Total | 83.6M | 88.9M | 164.0M | 185.0M | 198.0M | 197.0M | 219.0M | 217.0M | 396.0M | 94.6M | 96.5M | 42.0M | 24.0M | 16.9M | 14.5M | 13.9M | 13.0M |
| Construction In Progress | -- | -- | 233,600 | 2.2M | 2.2M | 61.9M | 39.4M | 9.4M | 22.2M | 58.8M | 58.3M | -- | 7.6M | -- | -- | -- | -- |
| Construction In Progress Total | 14.1M | -- | 233,600 | 2.2M | 2.2M | 61.9M | 39.4M | 9.4M | 22.2M | 58.8M | 58.3M | -- | 7.6M | 32,700 | -- | -- | -- |
| Intangible Assets | 292.0M | 294.0M | 434.0M | 435.0M | 361.0M | 220.0M | 167.0M | 69.2M | 70.6M | 76.2M | 64.7M | 5.1M | 4.0M | 3.0M | 3.0M | 2.9M | 2.9M |
| Long Term Deferred Expenses | 537,800 | 868,700 | 1.0M | 1.1M | 4.4M | 4.4M | 2.3M | 772,800 | 747,600 | 910,600 | 920,500 | 795,200 | 331,600 | 490,800 | -- | -- | -- |
| Total Non Current Assets | 473.0M | 506.0M | 851.0M | 1.1B | 945.0M | 857.0M | 801.0M | 673.0M | 668.0M | 372.0M | 344.0M | 132.0M | 86.4M | 34.7M | 30.8M | 30.1M | 29.1M |
| Total Assets | 1.7B | 1.6B | 2.3B | 2.9B | 2.9B | 2.8B | 2.9B | 2.5B | 2.2B | 1.6B | 1.4B | 698.0M | 577.0M | 550.0M | 216.0M | 168.0M | 113.0M |
| Short Term Borrowings | 223.0M | 209.0M | 322.0M | 397.0M | 444.0M | 446.0M | 349.0M | 192.0M | 165.0M | 136.0M | 130.0M | 36.0M | 35.0M | 15.0M | 36.0M | 30.0M | 8.6M |
| Accounts Payable | 641.0M | 445.0M | 514.0M | 689.0M | 588.0M | 598.0M | 619.0M | 504.0M | 410.0M | 291.0M | 269.0M | 81.6M | 24.0M | 27.2M | 20.1M | 17.5M | 7.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 202.0M | 179.0M | 76.6M | 102.0M | 92.0M | 81.2M | 35.2M | 10.4M | 15.3M | 9.1M | 21.1M | 5.6M |
| Contract Liabilities | 109.0M | 109.0M | 105.0M | 127.0M | 191.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 1.1B | 1.3B | 1.8B | 1.7B | 1.6B | 1.7B | 1.4B | 1.2B | 689.0M | 596.0M | 184.0M | 86.3M | 93.3M | 73.3M | 77.9M | 51.7M |
| Long Term Borrowings | 91.7M | 112.0M | 173.0M | 153.0M | 281.0M | 67.5M | 74.0M | 145.0M | -- | -- | -- | -- | -- | -- | 20.0M | -- | -- |
| Total Non Current Liabilities | 97.1M | 126.0M | 206.0M | 276.0M | 441.0M | 244.0M | 295.0M | 186.0M | 41.0M | 9.1M | 12.2M | -- | 76,200 | -- | 20.0M | -- | -- |
| Total Liabilities | 1.4B | 1.2B | 1.5B | 2.1B | 2.1B | 1.8B | 1.9B | 1.5B | 1.3B | 698.0M | 608.0M | 184.0M | 86.3M | 93.3M | 93.3M | 77.9M | 51.7M |
| Paid In Capital | 440.0M | 440.0M | 437.0M | 437.0M | 437.0M | 437.0M | 446.0M | 446.0M | 440.0M | 176.0M | 176.0M | 157.0M | 78.4M | 78.4M | 58.8M | 58.0M | 15.8M |
| Capital Reserve | 82.5M | 82.5M | 85.1M | 64.6M | 64.6M | 64.6M | 112.0M | 111.0M | 77.5M | 390.0M | 384.0M | 218.0M | 296.0M | 296.0M | 18.3M | 17.5M | 17.6M |
| Surplus Reserve | 29.3M | 29.3M | 29.3M | 28.0M | 25.4M | 25.4M | 24.4M | 21.1M | 19.1M | 11.2M | 10.8M | 10.3M | 10.2M | 8.6M | 4.7M | 2.0M | 8.0M |
| Retained Earnings | -231.0M | -144.0M | 72.5M | 115.0M | 87.4M | 253.0M | 258.0M | 234.0M | 145.0M | 113.0M | 103.0M | 92.1M | 92.6M | 73.8M | 41.4M | 13.1M | 19.9M |
| Minority Equity | 8.4M | 8.8M | 114.0M | 126.0M | 145.0M | 194.0M | 209.0M | 208.0M | 230.0M | 190.0M | 155.0M | 38.0M | 13.7M | -- | -- | -- | -- |
| Equity Attributable | 321.0M | 408.0M | 629.0M | 650.0M | 619.0M | 785.0M | 791.0M | 753.0M | 692.0M | 693.0M | 673.0M | 477.0M | 477.0M | 457.0M | 123.0M | 90.5M | 61.3M |
| Total Equity | 330.0M | 417.0M | 744.0M | 776.0M | 764.0M | 978.0M | 1.0B | 960.0M | 922.0M | 883.0M | 828.0M | 515.0M | 491.0M | 457.0M | 123.0M | 90.5M | 61.3M |
| 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 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.2B | 842.0M | 1.0B | 1.2B | 1.3B | 1.1B | 1.3B | 992.0M | 691.0M | 645.0M | 450.0M | 357.0M | 200.0M | 188.0M | 158.0M | 122.0M | 61.4M |
| Tax Refunds Received | 4.3M | 5.5M | 5.1M | 5.3M | 6.2M | 3.7M | 3.4M | 1.2M | 1.2M | 990,500 | 3.1M | 1.0M | 2.4M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.2B | 855.0M | 1.2B | 1.2B | 1.3B | 1.2B | 1.3B | 1.0B | 715.0M | 661.0M | 472.0M | 369.0M | 217.0M | 196.0M | 170.0M | 122.0M | 61.5M |
| Cash Paid For Goods | 851.0M | 648.0M | 865.0M | 907.0M | 1.1B | 832.0M | 975.0M | 789.0M | 369.0M | 454.0M | 298.0M | 233.0M | 167.0M | 140.0M | 106.0M | 67.2M | 45.4M |
| Cash Paid To Employees | 158.0M | 156.0M | 172.0M | 161.0M | 148.0M | 151.0M | 140.0M | 126.0M | 97.1M | 86.2M | 59.0M | 55.8M | 40.2M | 17.9M | 12.1M | 8.0M | 6.0M |
| Taxes Paid | 23.9M | 37.9M | 32.6M | 48.0M | 40.0M | 45.3M | 54.1M | 65.4M | 66.4M | 57.4M | 29.0M | 29.7M | 25.4M | 27.4M | 20.4M | 18.8M | 13.9M |
| Total Operating Cash Outflow | 1.1B | 976.0M | 1.1B | 1.2B | 1.3B | 1.1B | 1.3B | 1.1B | 609.0M | 675.0M | 456.0M | 370.0M | 260.0M | 216.0M | 176.0M | 112.0M | 74.9M |
| Operating Cash Flow | 103.0M | -121.0M | 39.5M | 10.1M | -16.8M | 34.7M | 24.1M | -83.7M | 106.0M | -14.2M | 15.9M | -865,200 | -43.9M | -20.5M | -5.6M | 10.1M | -13.4M |
| Total Investing Cash Inflow | 21.1M | 101.0M | 194.0M | 71.1M | 47.3M | 20.3M | 7.0M | 24.1M | 855,500 | 43,700 | 3.3M | 15,200 | 400.00 | -- | -- | -- | -- |
| Total Investing Cash Outflow | 15.7M | 5.7M | 18.3M | 65.0M | 185.0M | 144.0M | 149.0M | 225.0M | 136.0M | 71.5M | 10.4M | 58.9M | 54.4M | 2.4M | 1.9M | 2.1M | 610,100 |
| Investing Cash Flow | 5.5M | 94.9M | 175.0M | 6.1M | -138.0M | -123.0M | -142.0M | -201.0M | -135.0M | -71.4M | -7.1M | -58.9M | -54.4M | -2.4M | -1.9M | -2.1M | -610,100 |
| Cash From Borrowings | 283.0M | 338.0M | 388.0M | 400.0M | 729.0M | 531.0M | 392.0M | 365.0M | 165.0M | 151.0M | 35.0M | 38.0M | 35.0M | 15.0M | 56.0M | 32.0M | 12.6M |
| Dividends And Interest Paid | 15.3M | 22.5M | 42.2M | 36.1M | 24.6M | 41.2M | 50.0M | 24.2M | 16.1M | 12.8M | 2.6M | 18.6M | 15.8M | 3.0M | 2.1M | 18.3M | 664,800 |
| Debt Repayments | 383.0M | 324.0M | 485.0M | 388.0M | 414.0M | 442.0M | 254.0M | 189.0M | 136.0M | 146.0M | 41.0M | 37.0M | 35.0M | 36.0M | 31.7M | 10.6M | 8.0M |
| Total Financing Cash Inflow | 283.0M | 342.0M | 428.0M | 537.0M | 771.0M | 609.0M | 655.0M | 465.0M | 415.0M | 184.0M | 79.1M | 45.4M | 35.8M | 317.0M | 66.8M | 39.0M | 32.7M |
| Total Financing Cash Outflow | 401.0M | 357.0M | 594.0M | 549.0M | 625.0M | 634.0M | 503.0M | 224.0M | 205.0M | 180.0M | 50.7M | 56.0M | 52.0M | 43.3M | 43.2M | 30.0M | 8.7M |
| Financing Cash Flow | -117.0M | -14.6M | -166.0M | -11.9M | 147.0M | -24.9M | 152.0M | 240.0M | 210.0M | 3.7M | 28.3M | -10.5M | -16.2M | 274.0M | 23.6M | 9.0M | 24.0M |
| Net Change In Cash | -8.8M | -40.7M | 48.6M | 4.3M | -7.7M | -114.0M | 34.6M | -44.2M | 181.0M | -81.9M | 37.1M | -70.3M | -115.0M | 251.0M | 16.1M | 17.1M | 10.0M |
| Ending Cash Balance | 122.0M | 131.0M | 172.0M | 123.0M | 119.0M | 127.0M | 240.0M | 205.0M | 250.0M | 68.7M | 151.0M | 113.0M | 184.0M | 298.0M | 47.3M | 31.2M | 14.1M |
| Capex | 15.7M | 5.7M | 13.1M | 55.7M | 169.0M | 103.0M | 130.0M | 56.6M | 20.8M | 62.5M | 4.9M | 13.6M | 18.2M | 1.5M | 1.9M | 2.1M | 610,100 |