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 | 259.0M | 188.0M | 375.0M | 533.0M | 198.0M | 452.0M | 537.0M | 469.0M | 332.0M | 117.0M | 128.0M | 218.0M | 279.0M | 299.0M | 256.0M | 219.0M | 127.0M |
| Revenue Growth % | 37.8% | -49.9% | -29.6% | 169.2% | -56.2% | -15.8% | 14.5% | 41.3% | 183.8% | -8.6% | -41.3% | -21.9% | -6.7% | 16.8% | 16.9% | 72.4% | -- |
| Total Revenue | 259.0M | 188.0M | 375.0M | 533.0M | 198.0M | 452.0M | 537.0M | 469.0M | 332.0M | 117.0M | 128.0M | 218.0M | 279.0M | 299.0M | 256.0M | 219.0M | 127.0M |
| Cost Of Revenue | 231.0M | 161.0M | 342.0M | 432.0M | 202.0M | 284.0M | 343.0M | 302.0M | 202.0M | 103.0M | 81.0M | 124.0M | 155.0M | 177.0M | 144.0M | 144.0M | 93.9M |
| Gross Profit | 28.0M | 27.0M | 33.0M | 101.0M | -4.0M | 168.0M | 194.0M | 167.0M | 130.0M | 14.0M | 47.0M | 94.0M | 124.0M | 122.0M | 112.0M | 75.0M | 33.1M |
| Gross Margin % | 10.8% | 14.4% | 8.8% | 18.9% | -2.0% | 37.2% | 36.1% | 35.6% | 39.2% | 12.0% | 36.7% | 43.1% | 44.4% | 40.8% | 43.8% | 34.2% | 26.0% |
| Total Operating Cost | 394.0M | 318.0M | 542.0M | 512.0M | 829.0M | 429.0M | 498.0M | 485.0M | 318.0M | 192.0M | 154.0M | 189.0M | 227.0M | 234.0M | 198.0M | 193.0M | 122.0M |
| Selling Expenses | 14.7M | 18.9M | 31.0M | 20.3M | 46.3M | 42.0M | 35.9M | 36.3M | 24.3M | 25.1M | 25.3M | 24.4M | 30.0M | 28.2M | 31.7M | 30.8M | 17.2M |
| Admin Expenses | 55.6M | 58.1M | 73.7M | 48.8M | 120.0M | 67.8M | 78.2M | 62.7M | 57.5M | 50.0M | 39.4M | 28.4M | 21.8M | 17.4M | 13.5M | 10.8M | 8.9M |
| Rd Expenses | 7.6M | 10.7M | 3.1M | 5.0M | 25.9M | 10.9M | 19.1M | 16.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 3.0M | 3.4M | 10.2M | 12.2M | 15.0M | 13.9M | 22.5M | 36.1M | 6.8M | 730,400 | 4.2M | 2.6M | 7.7M | 8.3M | 3.7M | 2.3M | 221,300 |
| Operating Income | -135.0M | -129.0M | -168.0M | 25.6M | -600.0M | 25.0M | 52.3M | -13.1M | 39.1M | -75.1M | -25.9M | 29.1M | 52.2M | 65.5M | 56.9M | 26.1M | 5.5M |
| Operating Margin % | -52.1% | -68.6% | -44.8% | 4.8% | -303.0% | 5.5% | 9.7% | -2.8% | 11.8% | -64.2% | -20.2% | 13.3% | 18.7% | 21.9% | 22.2% | 11.9% | 4.3% |
| Non Operating Income | 323,000 | 415,700 | 15.1M | 1.0M | 621,100 | 514,600 | 253,000 | 1.5M | 5.4M | 6.1M | 5.4M | 881,800 | 2.5M | 6.2M | 623,300 | 2.1M | 167,400 |
| Non Operating Expenses | 710,600 | 4.0M | 59,600 | 477,500 | 1.2M | 69,100 | 231,700 | 625,700 | 826,300 | 50,800 | 40,500 | 32,400 | 170,800 | 49,200 | 202,100 | 32,700 | 40,700 |
| Investment Income | 236,500 | 363,500 | -852,700 | 1.9M | 28.5M | -- | 11.1M | -5.4M | 25.6M | -- | -- | -- | -- | -- | -359,800 | -- | -- |
| Asset Disposal Income | -102,800 | 1,900 | -193,100 | -242,500 | 68,700 | 27,900 | -51,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 53.5M | 29.8M | 44.8M | 4.9M | 355.0M | 1.9M | -5.4M | 25.7M | 23.6M | 12.9M | 3.9M | 9.9M | 12.6M | 2.1M | 5.4M | 4.2M | 1.2M |
| Other Income | 294,000 | 608,400 | 281,200 | 3.3M | 2.8M | 2.2M | 2.6M | 8.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -136.0M | -133.0M | -153.0M | 26.1M | -600.0M | 25.4M | 52.3M | -12.2M | 43.7M | -69.0M | -20.5M | 29.9M | 54.5M | 71.6M | 57.4M | 28.1M | 5.6M |
| Income Tax | -10.6M | -5.9M | -12.1M | 1.3M | -7.2M | 10.0M | 15.8M | 5.7M | 5.3M | -2.5M | -12,900 | 5.2M | 9.6M | 11.2M | 9.7M | 4.7M | 1.2M |
| Net Income | -125.0M | -127.0M | -141.0M | 24.9M | -593.0M | 15.4M | 36.6M | -17.9M | 38.4M | -66.6M | -20.5M | 24.7M | 45.0M | 60.4M | 47.6M | 23.4M | 4.3M |
| Net Margin % | -48.3% | -67.6% | -37.6% | 4.7% | -299.5% | 3.4% | 6.8% | -3.8% | 11.6% | -56.9% | -16.0% | 11.3% | 16.1% | 20.2% | 18.6% | 10.7% | 3.4% |
| Net Income Attributable | -125.0M | -127.0M | -140.0M | 25.8M | -592.0M | 15.8M | 34.6M | -32.8M | 24.7M | -65.3M | -20.1M | 24.7M | 45.0M | 60.4M | 47.6M | 23.4M | 4.3M |
| Minority Interest | -400.00 | -506,900 | -510,000 | -924,000 | -665,900 | -407,900 | 2.0M | 14.9M | 13.7M | -1.2M | -369,100 | -34,900 | -- | -- | 6,200 | 7,300 | -5,100 |
| Eps Basic | -0.19 | -0.20 | -0.22 | 0.05 | -1.21 | 0.03 | 0.07 | -0.10 | 0.07 | -0.27 | -0.08 | 0.10 | 0.33 | 0.80 | 0.68 | 0.37 | 0.07 |
| Eps Diluted | -0.19 | -0.19 | -0.22 | 0.05 | -1.21 | 0.03 | 0.07 | -0.10 | 0.07 | -0.27 | -0.08 | 0.10 | 0.33 | 0.80 | 0.68 | 0.37 | 0.07 |
| 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 | 58.7M | 21.8M | 40.0M | 125.0M | 14.6M | 19.5M | 38.6M | 37.3M | 188.0M | 3.8M | 10.9M | 144.0M | 208.0M | 41.2M | 73.4M | 71.4M | 3.2M |
| Accounts Receivable | 113.0M | 165.0M | 300.0M | 332.0M | 162.0M | 247.0M | 232.0M | 212.0M | 206.0M | 128.0M | 164.0M | 253.0M | 206.0M | 145.0M | 111.0M | 98.4M | 52.5M |
| Notes Receivable | 377,500 | 3.0M | -- | 741,900 | 5.3M | 807,800 | 4.3M | 665,200 | 10.0M | -- | 15.5M | 2.2M | 12.3M | 5.0M | 8.7M | -- | -- |
| Notes And Accounts Receivable | 113.0M | 168.0M | 300.0M | 333.0M | 167.0M | 248.0M | 236.0M | 213.0M | 216.0M | 128.0M | 180.0M | 255.0M | 218.0M | 150.0M | 120.0M | 98.4M | 52.5M |
| Prepayments | 5.5M | 80.5M | 99.3M | 109.0M | 15.3M | 11.7M | 15.9M | 9.3M | 25.5M | 20.5M | 33.8M | 67.4M | 54.2M | 23.7M | 43.0M | 1.6M | 2.1M |
| Inventory | 44.0M | 70.6M | 74.6M | 63.1M | 27.5M | 77.4M | 116.0M | 165.0M | 159.0M | 155.0M | 148.0M | 105.0M | 62.6M | 67.8M | 55.1M | 45.1M | 35.3M |
| Total Current Assets | 263.0M | 369.0M | 538.0M | 694.0M | 300.0M | 383.0M | 456.0M | 460.0M | 624.0M | 327.0M | 391.0M | 579.0M | 554.0M | 294.0M | 302.0M | 231.0M | 99.2M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | 458,700 | -- | -- | -- | -- | -- | -- | 624,900 | 624,900 |
| Fixed Assets | -- | 2.8M | 3.2M | 2.3M | 2.5M | 27.5M | 31.7M | 285.0M | 296.0M | 288.0M | 306.0M | 78.6M | 54.0M | 29.7M | 32.4M | 16.7M | 6.2M |
| Fixed Assets Total | 1.8M | 2.8M | 3.2M | 2.3M | 2.5M | 27.5M | 31.7M | 285.0M | 296.0M | 288.0M | 306.0M | 78.6M | 54.0M | 29.7M | 32.4M | 16.7M | 6.2M |
| Construction In Progress | -- | -- | -- | -- | -- | 38.6M | 37.4M | 38.9M | 36.8M | 169.0M | 128.0M | 278.0M | 226.0M | 133.0M | 17.3M | 6.3M | 11.9M |
| Construction In Progress Total | -- | -- | -- | -- | -- | 38.6M | 38.8M | 43.1M | 40.9M | 173.0M | 137.0M | 278.0M | 226.0M | 134.0M | 22.3M | 6.3M | 11.9M |
| Intangible Assets | 18.6M | 27.9M | 28.9M | 16.9M | 19.1M | 38.2M | 23.8M | 46.5M | 48.0M | 69.4M | 59.1M | 27.6M | 28.1M | 28.8M | 29.3M | 560,000 | 664,600 |
| Long Term Deferred Expenses | 7.5M | 11.7M | 15.4M | 887,000 | 453,000 | 491,400 | 492,800 | 2.5M | 3.0M | 2.1M | 2.6M | 2.9M | 3.3M | 3.8M | 4.3M | 4.7M | 5.2M |
| Total Non Current Assets | 116.0M | 155.0M | 186.0M | 195.0M | 178.0M | 613.0M | 603.0M | 884.0M | 885.0M | 543.0M | 513.0M | 394.0M | 316.0M | 199.0M | 90.6M | 30.5M | 25.5M |
| Total Assets | 379.0M | 525.0M | 724.0M | 889.0M | 478.0M | 995.0M | 1.1B | 1.3B | 1.5B | 870.0M | 905.0M | 973.0M | 870.0M | 494.0M | 393.0M | 262.0M | 125.0M |
| Short Term Borrowings | 25.0M | 33.1M | 33.0M | 53.7M | 108.0M | 57.1M | 47.8M | 289.0M | 4.1M | -- | 30.0M | 20.0M | 20.0M | 20.0M | 5.0M | 15.8M | 5.0M |
| Accounts Payable | 27.5M | 26.4M | 74.4M | 111.0M | 79.5M | 63.4M | 63.4M | 81.7M | 62.8M | 108.0M | 95.0M | 105.0M | 90.0M | 73.8M | 67.4M | 41.0M | 28.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 18.1M | 35.4M | 24.5M | 12.6M | 4.6M | 3.8M | 8.0M | 1.9M | 30.1M | 47.3M | 72.2M | 9.0M |
| Contract Liabilities | 13.4M | 13.3M | 40.1M | 14.0M | 21.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 117.0M | 138.0M | 210.0M | 243.0M | 360.0M | 393.0M | 461.0M | 591.0M | 835.0M | 221.0M | 189.0M | 185.0M | 151.0M | 176.0M | 123.0M | 134.0M | 50.7M |
| Long Term Borrowings | -- | -- | -- | 116,300 | 64.2M | -- | 70.0M | 100.0M | -- | -- | -- | 60.0M | 15.0M | 40.0M | 55.0M | 30.0M | -- |
| Total Non Current Liabilities | 4.3M | 7.7M | 10.5M | 10.8M | 64.6M | 646,300 | 70.7M | 101.0M | 555,900 | 2.5M | 2.7M | 60.4M | 15.6M | 40.8M | 56.1M | 31.1M | 2.0M |
| Total Liabilities | 121.0M | 146.0M | 220.0M | 254.0M | 424.0M | 394.0M | 532.0M | 691.0M | 835.0M | 223.0M | 191.0M | 246.0M | 167.0M | 217.0M | 179.0M | 165.0M | 52.7M |
| Paid In Capital | 642.0M | 642.0M | 642.0M | 642.0M | 496.0M | 496.0M | 354.0M | 338.0M | 241.0M | 241.0M | 241.0M | 161.0M | 101.0M | 75.4M | 75.4M | 31.8M | 31.8M |
| Capital Reserve | 476.0M | 473.0M | 473.0M | 473.0M | 75.7M | 73.7M | 208.0M | 243.0M | 335.0M | 335.0M | 335.0M | 399.0M | 430.0M | 73.0M | 71.1M | 4.9M | 3.8M |
| Surplus Reserve | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M | 23.0M | 17.9M | 12.2M | 7.2M | 4.8M |
| Retained Earnings | -893.0M | -768.0M | -642.0M | -502.0M | -527.0M | 65.0M | 49.3M | 14.7M | 52.3M | 27.5M | 92.9M | 133.0M | 149.0M | 109.0M | 54.7M | 51.9M | 30.9M |
| Minority Equity | -- | 400.00 | 507,200 | -211,600 | 1.7M | 2.3M | 2.8M | 32.1M | 17.9M | 16.3M | 17.5M | 7.0M | -- | -- | -- | 590,900 | 583,600 |
| Equity Attributable | 258.0M | 379.0M | 503.0M | 635.0M | 52.3M | 599.0M | 525.0M | 621.0M | 656.0M | 630.0M | 696.0M | 720.0M | 703.0M | 276.0M | 214.0M | 96.0M | 71.5M |
| Total Equity | 258.0M | 379.0M | 504.0M | 635.0M | 54.0M | 602.0M | 527.0M | 653.0M | 674.0M | 647.0M | 713.0M | 727.0M | 703.0M | 276.0M | 214.0M | 96.6M | 72.0M |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 | FY 2008Dec 31, 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 486.0M | 520.0M | 730.0M | 423.0M | 257.0M | 489.0M | 603.0M | 526.0M | 305.0M | 132.0M | 158.0M | 151.0M | 168.0M | 225.0M | 179.0M | 205.0M | 77.8M |
| Tax Refunds Received | 7,100 | 16,000 | 359,500 | 2.2M | 948,100 | 1.4M | 2.6M | 8.0M | 1.7M | 3.4M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 491.0M | 529.0M | 764.0M | 470.0M | 295.0M | 521.0M | 641.0M | 560.0M | 381.0M | 144.0M | 168.0M | 159.0M | 177.0M | 233.0M | 186.0M | 209.0M | 80.6M |
| Cash Paid For Goods | 365.0M | 439.0M | 705.0M | 627.0M | 171.0M | 272.0M | 375.0M | 270.0M | 311.0M | 61.4M | 83.9M | 88.9M | 153.0M | 174.0M | 125.0M | 128.0M | 60.3M |
| Cash Paid To Employees | 41.0M | 54.1M | 59.7M | 78.0M | 68.7M | 76.6M | 62.4M | 70.1M | 41.9M | 29.0M | 22.5M | 20.0M | 14.9M | 9.1M | 6.6M | 5.5M | 3.8M |
| Taxes Paid | 7.3M | 7.4M | 6.5M | 11.4M | 16.6M | 42.8M | 62.3M | 72.2M | 29.5M | 11.4M | 9.0M | 9.4M | 17.0M | 12.7M | 9.3M | 6.2M | 3.0M |
| Total Operating Cash Outflow | 437.0M | 533.0M | 816.0M | 790.0M | 346.0M | 454.0M | 565.0M | 524.0M | 432.0M | 149.0M | 168.0M | 165.0M | 228.0M | 230.0M | 173.0M | 176.0M | 82.3M |
| Operating Cash Flow | 53.3M | -3.4M | -51.8M | -320.0M | -51.3M | 67.0M | 75.6M | 35.6M | -50.8M | -5.3M | -235,500 | -6.0M | -51.5M | 2.8M | 12.4M | 33.4M | -1.7M |
| Total Investing Cash Inflow | 281,300 | 15.7M | 24.0M | 77.7M | 43.5M | 26.1M | 274.0M | 895,700 | 100.0M | -- | -- | 13,700 | -- | 265,000 | 108,200 | -- | -- |
| Total Investing Cash Outflow | 6.4M | 20.5M | 19.3M | 19.7M | 14.0M | 18.6M | 6.1M | 18.7M | 151.0M | 9.2M | 87.2M | 113.0M | 124.0M | 78.9M | 90.8M | 4.8M | 3.5M |
| Investing Cash Flow | -6.1M | -4.8M | 4.8M | 58.0M | 29.5M | 7.6M | 268.0M | -17.8M | -50.6M | -9.2M | -87.2M | -113.0M | -124.0M | -78.7M | -90.7M | -4.8M | -3.5M |
| Cash From Borrowings | 25.0M | 33.1M | 30.0M | 177.0M | 203.0M | 57.0M | 148.0M | 389.0M | 45.0M | -- | 30.0M | 120.0M | 94.7M | 60.0M | 35.0M | 45.8M | 5.0M |
| Dividends And Interest Paid | 1.1M | 1.2M | 958,800 | 11.7M | 11.0M | 8.2M | 15.8M | 34.5M | 6.2M | 5.2M | 14.2M | 9.2M | 9.0M | 5.8M | 10.8M | 1.2M | 139,900 |
| Debt Repayments | 30.0M | 33.0M | 72.1M | 274.0M | 157.0M | 77.8M | 389.0M | 4.1M | 40.9M | 30.0M | 72.0M | 63.0M | 130.0M | 10.0M | 20.8M | 5.0M | -- |
| Total Financing Cash Inflow | 25.2M | 34.3M | 37.0M | 817.0M | 314.0M | 139.0M | 861.0M | 581.0M | 371.0M | 43.0M | 41.0M | 127.0M | 485.0M | 62.2M | 113.0M | 46.9M | 5.5M |
| Total Financing Cash Outflow | 34.4M | 44.3M | 76.1M | 445.0M | 298.0M | 232.0M | 1.2B | 749.0M | 86.0M | 35.6M | 86.2M | 72.2M | 143.0M | 18.4M | 32.7M | 7.3M | 241,100 |
| Financing Cash Flow | -9.2M | -10.0M | -39.1M | 371.0M | 15.8M | -93.4M | -342.0M | -168.0M | 285.0M | 7.5M | -45.2M | 54.8M | 342.0M | 43.8M | 80.2M | 39.5M | 5.3M |
| Net Change In Cash | 37.9M | -18.2M | -86.1M | 110.0M | -6.1M | -18.8M | 1.5M | -151.0M | 183.0M | -7.1M | -133.0M | -64.6M | 167.0M | -32.1M | 2.0M | 68.2M | 6,600 |
| Ending Cash Balance | 56.7M | 18.8M | 37.0M | 123.0M | 13.3M | 19.3M | 38.1M | 36.6M | 187.0M | 3.8M | 10.9M | 144.0M | 208.0M | 41.2M | 73.4M | 71.4M | 3.2M |
| Capex | 6.4M | 5.0M | 19.1M | 13.6M | 1.5M | 16.7M | 1.1M | 18.7M | 11.0M | 9.2M | 87.2M | 113.0M | 124.0M | 78.9M | 90.1M | 4.8M | 3.5M |