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 | 1.4B | 1.4B | 1.3B | 1.1B | 1.2B | 1.4B | 1.7B | 1.3B | 181.0M | 226.0M | 609.0M | 829.0M | 479.0M | 236.0M | 184.0M | 132.0M | 101.0M |
| Revenue Growth % | -5.5% | 14.2% | 14.1% | -4.2% | -19.2% | -17.2% | 28.0% | 645.3% | -19.9% | -62.9% | -26.5% | 73.1% | 103.0% | 28.3% | 39.4% | 30.7% | -- |
| Total Revenue | 1.4B | 1.4B | 1.3B | 1.1B | 1.2B | 1.4B | 1.7B | 1.3B | 181.0M | 226.0M | 609.0M | 829.0M | 479.0M | 236.0M | 184.0M | 132.0M | 101.0M |
| Cost Of Revenue | 990.0M | 1.0B | 966.0M | 860.0M | 944.0M | 1.1B | 1.3B | 1.0B | 122.0M | 144.0M | 411.0M | 611.0M | 344.0M | 140.0M | 112.0M | 78.8M | 67.4M |
| Gross Profit | 372.0M | 393.0M | 297.0M | 247.0M | 212.0M | 368.0M | 442.0M | 322.0M | 59.0M | 82.0M | 198.0M | 218.0M | 135.0M | 96.0M | 72.0M | 53.2M | 33.6M |
| Gross Margin % | 27.3% | 27.3% | 23.5% | 22.3% | 18.3% | 25.7% | 25.6% | 23.9% | 32.6% | 36.3% | 32.5% | 26.3% | 28.2% | 40.7% | 39.1% | 40.3% | 33.3% |
| Total Operating Cost | 1.4B | 1.5B | 1.3B | 1.2B | 1.4B | 1.4B | 1.7B | 1.4B | 223.0M | 242.0M | 538.0M | 711.0M | 389.0M | 173.0M | 140.0M | 95.0M | 82.0M |
| Selling Expenses | 168.0M | 175.0M | 158.0M | 151.0M | 151.0M | 168.0M | 165.0M | 123.0M | 12.7M | 12.2M | 13.1M | 11.8M | 8.7M | 7.0M | 6.4M | 1.9M | 1.5M |
| Admin Expenses | 152.0M | 137.0M | 129.0M | 122.0M | 165.0M | 127.0M | 140.0M | 104.0M | 49.5M | 55.9M | 64.6M | 42.2M | 26.4M | 19.5M | 17.1M | 12.6M | 10.8M |
| Rd Expenses | 38.1M | 63.0M | 45.2M | 61.2M | 46.4M | 45.7M | 48.3M | 48.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 19.1M | 25.3M | 21.0M | -1.9M | 46.7M | 40.4M | 52.7M | 44.4M | 1.4M | 9.7M | 35.1M | 29.8M | 1.9M | 3.1M | 2.7M | 1.1M | 1.3M |
| Operating Income | -25.6M | -30.3M | -74.5M | -113.0M | -216.0M | 10.5M | 23.8M | 11.9M | -41.7M | -15.3M | 71.6M | 118.0M | 89.5M | 62.3M | 43.8M | 36.7M | 18.9M |
| Operating Margin % | -1.9% | -2.1% | -5.9% | -10.2% | -18.7% | 0.7% | 1.4% | 0.9% | -23.0% | -6.8% | 11.8% | 14.2% | 18.7% | 26.4% | 23.8% | 27.8% | 18.7% |
| Non Operating Income | 2.7M | 6.6M | 19.3M | 16.5M | 3.8M | 7.0M | 9.8M | 6.4M | 63.8M | 23.1M | 18.9M | 13.3M | 17.8M | 11.2M | 7.1M | 2.4M | 1.1M |
| Non Operating Expenses | 663,500 | 2.1M | 1.1M | 2.0M | 1.6M | 1.8M | 719,100 | 366,100 | 492,700 | 671,800 | 74,800 | 30,000 | 219,600 | -- | 38,200 | 23,600 | 536,500 |
| Investment Income | -211,800 | 63,300 | 113,700 | 266,600 | 181,900 | 1.4M | 1.1M | 1.6M | 49,700 | 37,000 | 24,100 | 78,900 | 49,900 | 5,934 | -- | -- | -- |
| Fair Value Change Income | -- | -- | 657,200 | -3.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.8M | 2.4M | -373,900 | -425,100 | -940,000 | -391,700 | 211,300 | 754,800 | -115,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 8.7M | 18.2M | 16.8M | 30.1M | 11.3M | 6.1M | 15.4M | 14.4M | 26.5M | 17.4M | 9.9M | 10.3M | 4.3M | 1.4M | 1.6M | 663,300 | 921,100 |
| Other Income | 3.7M | 7.0M | 6.1M | 9.8M | 5.8M | 6.5M | 7.9M | 7.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -23.6M | -25.8M | -56.3M | -98.5M | -214.0M | 15.6M | 32.9M | 17.9M | 21.6M | 7.1M | 90.4M | 131.0M | 107.0M | 73.5M | 50.8M | 39.0M | 19.5M |
| Income Tax | -1.8M | -4.8M | -1.8M | -31.0M | -7.6M | -2.8M | 10.2M | 3.5M | 6.1M | -3.7M | 16.5M | 29.6M | 18.9M | 7.4M | 5.1M | 4.8M | -230,300 |
| Net Income | -21.8M | -21.0M | -54.5M | -67.5M | -206.0M | 18.5M | 22.7M | 14.4M | 15.4M | 10.8M | 73.9M | 101.0M | 88.2M | 66.0M | 45.8M | 34.2M | 19.7M |
| Net Margin % | -1.6% | -1.5% | -4.3% | -6.1% | -17.8% | 1.3% | 1.3% | 1.1% | 8.5% | 4.8% | 12.1% | 12.2% | 18.4% | 28.0% | 24.9% | 25.9% | 19.5% |
| Net Income Attributable | -21.8M | -21.0M | -54.5M | -69.1M | -184.0M | 15.4M | 16.2M | 7.2M | 15.4M | 10.9M | 73.9M | 101.0M | 88.2M | 66.0M | 45.8M | 34.2M | 19.7M |
| Minority Interest | -- | -- | -- | 1.6M | -22.2M | 3.1M | 6.6M | 7.2M | -14,900 | -24,600 | 24,700 | -93,000 | -10,800 | -- | -- | -- | -- |
| Eps Basic | -0.06 | -0.06 | -0.19 | -0.26 | -0.68 | 0.06 | 0.06 | 0.03 | 0.06 | 0.04 | 0.27 | 0.38 | 0.51 | 0.98 | 1.02 | 0.76 | 0.44 |
| Eps Diluted | -0.06 | -0.06 | -0.19 | -0.26 | -0.68 | 0.06 | 0.06 | 0.03 | 0.06 | 0.04 | 0.27 | 0.38 | 0.51 | 0.98 | 1.02 | 0.76 | 0.44 |
| 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 | 141.0M | 141.0M | 259.0M | 352.0M | 441.0M | 373.0M | 427.0M | 430.0M | 554.0M | 196.0M | 419.0M | 304.0M | 254.0M | 111.0M | 60.6M | 38.5M | 2.1M |
| Accounts Receivable | 250.0M | 266.0M | 322.0M | 222.0M | 321.0M | 428.0M | 406.0M | 480.0M | 251.0M | 280.0M | 269.0M | 195.0M | 123.0M | 69.3M | 60.0M | 42.1M | 21.5M |
| Notes Receivable | 7.1M | 3.7M | 4.5M | 10.3M | 28.0M | 25.2M | 50.6M | 50.9M | 27.7M | 22.2M | 8.5M | 52.2M | 37.5M | 57.5M | 21.3M | 13.7M | 550,000 |
| Notes And Accounts Receivable | 257.0M | 269.0M | 327.0M | 232.0M | 349.0M | 453.0M | 457.0M | 531.0M | 279.0M | 302.0M | 278.0M | 247.0M | 161.0M | 127.0M | 81.3M | 55.8M | 22.0M |
| Prepayments | 12.9M | 14.7M | 17.8M | 12.4M | 16.7M | 24.3M | 19.2M | 27.9M | 5.1M | 3.6M | 29.5M | 92.5M | 194.0M | 12.9M | 3.6M | 3.1M | 6.9M |
| Inventory | 307.0M | 370.0M | 400.0M | 394.0M | 372.0M | 515.0M | 512.0M | 518.0M | 78.4M | 62.8M | 93.8M | 60.0M | 72.2M | 46.5M | 39.5M | 54.6M | 39.3M |
| Total Current Assets | 897.0M | 1.1B | 1.2B | 1.2B | 1.3B | 1.4B | 1.4B | 1.6B | 982.0M | 1.3B | 1.1B | 1.1B | 946.0M | 299.0M | 187.0M | 153.0M | 87.6M |
| Long Term Equity Investment | 6.7M | 6.9M | 6.7M | 6.6M | 7.0M | 6.8M | 5.4M | 4.8M | 3.3M | 3.2M | 3.2M | 3.2M | 3.1M | 3.0M | -- | -- | -- |
| Fixed Assets | -- | 216.0M | 219.0M | 221.0M | 251.0M | 259.0M | 261.0M | 278.0M | 153.0M | 161.0M | 89.7M | 67.1M | 23.6M | 25.3M | 27.1M | 28.4M | 17.1M |
| Fixed Assets Total | 199.0M | 216.0M | 219.0M | 221.0M | 251.0M | 259.0M | 261.0M | 278.0M | 153.0M | 161.0M | 89.7M | 67.1M | 23.6M | 25.3M | 27.1M | 28.4M | 17.1M |
| Construction In Progress | -- | 247,800 | 247,800 | 426,500 | -- | -- | -- | -- | -- | 2.8M | 65.1M | 11.4M | 33.8M | 71,700 | -- | -- | 611,000 |
| Construction In Progress Total | 247,800 | 247,800 | 247,800 | 426,500 | -- | -- | -- | -- | -- | 2.8M | 65.1M | 11.4M | 33.8M | 71,700 | -- | -- | 611,000 |
| Intangible Assets | 290.0M | 298.0M | 291.0M | 295.0M | 326.0M | 316.0M | 316.0M | 319.0M | 44.5M | 45.8M | 47.3M | 46.2M | 47.2M | 48.1M | 49.2M | 5.1M | 5.3M |
| Long Term Deferred Expenses | 3.8M | 3.5M | 1.6M | 5.4M | 11.0M | 9.8M | 2.7M | 2.1M | 245,800 | 590,100 | 378,000 | 657,600 | 34,000 | -- | -- | -- | -- |
| Total Non Current Assets | 979.0M | 1.0B | 964.0M | 956.0M | 968.0M | 947.0M | 930.0M | 944.0M | 213.0M | 497.0M | 1.0B | 606.0M | 114.0M | 77.8M | 77.2M | 34.0M | 23.3M |
| Total Assets | 1.9B | 2.1B | 2.2B | 2.1B | 2.3B | 2.3B | 2.4B | 2.5B | 1.2B | 1.8B | 2.2B | 1.7B | 1.1B | 377.0M | 264.0M | 187.0M | 111.0M |
| Short Term Borrowings | 124.0M | 145.0M | 195.0M | 75.1M | 54.3M | 63.0M | 238.0M | 166.0M | 200.0M | 189.0M | 779.0M | 637.0M | 290.0M | 62.0M | 65.0M | 20.0M | 10.0M |
| Accounts Payable | 165.0M | 186.0M | 216.0M | 159.0M | 180.0M | 196.0M | 234.0M | 209.0M | 62.4M | 338.0M | 371.0M | 235.0M | 67.6M | 15.0M | 13.0M | 17.6M | 13.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 119.0M | 104.0M | 141.0M | 44.9M | 9.9M | 14.8M | 15.5M | 6.8M | 44.3M | 38.2M | 43.1M | 31.9M |
| Contract Liabilities | 147.0M | 226.0M | 241.0M | 182.0M | 136.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 675.0M | 811.0M | 940.0M | 977.0M | 744.0M | 808.0M | 1.2B | 1.4B | 510.0M | 1.1B | 1.4B | 988.0M | 429.0M | 175.0M | 128.0M | 100.0M | 58.0M |
| Long Term Borrowings | 12.5M | 5.1M | 11.5M | 14.5M | 334.0M | 234.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 347.0M | 371.0M | 732.0M | 620.0M | 784.0M | 574.0M | 214.0M | 212.0M | 21.3M | 18.5M | 18.6M | 10.1M | 13.0M | 3.0M | 3.6M | -- | -- |
| Total Liabilities | 1.0B | 1.2B | 1.7B | 1.6B | 1.5B | 1.4B | 1.4B | 1.6B | 531.0M | 1.1B | 1.4B | 998.0M | 442.0M | 178.0M | 131.0M | 100.0M | 58.0M |
| Paid In Capital | 338.0M | 338.0M | 280.0M | 280.0M | 270.0M | 270.0M | 270.0M | 270.0M | 270.0M | 270.0M | 270.0M | 180.0M | 90.0M | 45.0M | 45.0M | 30.0M | 30.0M |
| Capital Reserve | 609.0M | 609.0M | 280.0M | 280.0M | 222.0M | 222.0M | 215.0M | 191.0M | 159.0M | 159.0M | 159.0M | 249.0M | 339.0M | 42.1M | 42.1M | -239,600 | -239,600 |
| Surplus Reserve | 40.4M | 40.4M | 40.4M | 40.4M | 40.4M | 40.4M | 40.4M | 40.4M | 40.4M | 24.0M | 21.3M | 17.8M | 16.4M | 11.2M | 4.6M | 5.7M | 2.3M |
| Retained Earnings | -164.0M | -142.0M | -121.0M | -66.7M | 2.4M | 210.0M | 201.0M | 185.0M | 192.0M | 220.0M | 306.0M | 254.0M | 172.0M | 101.0M | 41.2M | 51.6M | 20.8M |
| Minority Equity | -- | -- | -- | -- | 149.0M | 171.0M | 169.0M | 163.0M | 407,200 | -- | 420,900 | 396,100 | 489,200 | -- | -- | -- | -- |
| Equity Attributable | 853.0M | 916.0M | 495.0M | 517.0M | 600.0M | 786.0M | 776.0M | 737.0M | 663.0M | 673.0M | 756.0M | 700.0M | 617.0M | 199.0M | 133.0M | 87.1M | 52.9M |
| Total Equity | 853.0M | 916.0M | 495.0M | 517.0M | 750.0M | 957.0M | 945.0M | 899.0M | 663.0M | 673.0M | 757.0M | 701.0M | 617.0M | 199.0M | 133.0M | 87.1M | 52.9M |
| 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 | 1.5B | 1.5B | 1.3B | 1.3B | 1.3B | 1.6B | 1.8B | 1.5B | 481.0M | 316.0M | 319.0M | 133.0M | 174.0M | 221.0M | 152.0M | 95.7M | 80.5M |
| Tax Refunds Received | 29.3M | 17.8M | 29.3M | 34.1M | 26.5M | 36.3M | 50.5M | 10.6M | 6.6M | 12.0M | 3.9M | 5.4M | 9.8M | 8.4M | 6.6M | -- | -- |
| Total Operating Cash Inflow | 1.5B | 1.6B | 1.4B | 1.4B | 1.4B | 1.7B | 2.0B | 1.6B | 501.0M | 349.0M | 415.0M | 226.0M | 214.0M | 239.0M | 189.0M | 121.0M | 110.0M |
| Cash Paid For Goods | 745.0M | 918.0M | 779.0M | 752.0M | 695.0M | 955.0M | 964.0M | 863.0M | 129.0M | 186.0M | 183.0M | 304.0M | 508.0M | 140.0M | 89.3M | 65.7M | 65.7M |
| Cash Paid To Employees | 529.0M | 506.0M | 445.0M | 467.0M | 466.0M | 525.0M | 519.0M | 405.0M | 27.4M | 31.5M | 33.9M | 29.6M | 20.7M | 12.7M | 11.5M | 4.2M | 4.2M |
| Taxes Paid | 34.3M | 52.9M | 37.0M | 68.5M | 50.8M | 65.6M | 57.3M | 50.4M | 29.2M | 31.1M | 20.0M | 18.9M | 36.2M | 30.7M | 29.0M | 3.2M | 689,600 |
| Total Operating Cash Outflow | 1.4B | 1.6B | 1.4B | 1.4B | 1.3B | 1.7B | 1.7B | 1.7B | 213.0M | 306.0M | 317.0M | 505.0M | 585.0M | 196.0M | 163.0M | 91.0M | 91.0M |
| Operating Cash Flow | 94.8M | 899,900 | -37.7M | -56.5M | 54.1M | -22.9M | 278.0M | -84.0M | 289.0M | 42.8M | 98.4M | -278.0M | -371.0M | 42.7M | 26.4M | 29.9M | 18.5M |
| Total Investing Cash Inflow | 5.6M | 373,400 | 106,900 | 6.3M | 34,400 | 181,800 | 8.2M | 128.0M | 277,000 | 84,500 | 196,700 | 40,000 | -- | 0.00 | 400.00 | -- | 2.7M |
| Total Investing Cash Outflow | 12.3M | 17.1M | 21.9M | 34.2M | 4.5M | 17.4M | 21.3M | 849.0M | 129.0M | 20.3M | 51.4M | 17.2M | 29.7M | 3.5M | 45.3M | 9.4M | 4.1M |
| Investing Cash Flow | -6.7M | -16.7M | -21.8M | -27.9M | -4.5M | -17.2M | -13.1M | -722.0M | -129.0M | -20.3M | -51.3M | -17.2M | -29.7M | -3.5M | -45.3M | -9.4M | -1.4M |
| Cash From Borrowings | 231.0M | 355.0M | 733.0M | 541.0M | 471.0M | 1.0B | 675.0M | 829.0M | 750.0M | 1.1B | 1.0B | 798.0M | 290.0M | 127.0M | 65.0M | 25.0M | 14.2M |
| Dividends And Interest Paid | 9.0M | 6.0M | 11.8M | 20.5M | 25.8M | 20.2M | 13.4M | 24.8M | 29.0M | 102.0M | 49.9M | 51.7M | 20.6M | 4.3M | 1.9M | 929,500 | 604,800 |
| Debt Repayments | 270.0M | 789.0M | 760.0M | 426.0M | 431.0M | 946.0M | 839.0M | 292.0M | 498.0M | 965.0M | 897.0M | 468.0M | 62.0M | 130.0M | 20.0M | 15.0M | 32.1M |
| Total Financing Cash Inflow | 231.0M | 799.0M | 733.0M | 653.0M | 471.0M | 1.0B | 675.0M | 829.0M | 757.0M | 1.1B | 1.0B | 798.0M | 639.0M | 127.0M | 65.0M | 25.0M | 14.2M |
| Total Financing Cash Outflow | 298.0M | 818.0M | 791.0M | 645.0M | 457.0M | 967.0M | 854.0M | 318.0M | 527.0M | 1.2B | 1.2B | 521.0M | 89.8M | 134.0M | 21.9M | 15.9M | 32.7M |
| Financing Cash Flow | -66.4M | -18.7M | -57.9M | 7.7M | 13.6M | 48.1M | -180.0M | 511.0M | 230.0M | -101.0M | -170.0M | 277.0M | 549.0M | -7.3M | 43.1M | 9.1M | -18.5M |
| Net Change In Cash | 16.0M | -32.5M | -136.0M | -98.1M | 72.1M | 2.4M | 83.6M | -232.0M | 392.0M | -78.0M | -123.0M | -18.2M | 149.0M | 31.9M | 24.2M | 29.6M | -1.4M |
| Ending Cash Balance | 82.5M | 66.4M | 99.0M | 235.0M | 333.0M | 261.0M | 259.0M | 175.0M | 407.0M | 15.9M | 93.8M | 216.0M | 235.0M | 85.8M | 53.9M | 29.7M | 124,200 |
| Capex | 11.2M | 17.1M | 21.9M | 7.2M | 4.5M | 17.4M | 15.5M | 8.1M | 1.1M | 20.3M | 51.4M | 17.2M | 29.7M | 462,100 | 45.3M | 9.4M | 4.1M |