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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 711.0M | 758.0M | 991.0M | 1.5B | 1.2B | 1.0B | 1.4B | 1.3B | 600.0M | 357.0M | 311.0M | 264.0M | 251.0M | 225.0M |
| Revenue Growth % | -6.2% | -23.5% | -32.1% | 22.0% | 14.4% | -26.8% | 13.0% | 110.8% | 68.1% | 14.8% | 17.8% | 5.2% | 11.6% | -- |
| Total Revenue | 711.0M | 758.0M | 991.0M | 1.5B | 1.2B | 1.0B | 1.4B | 1.3B | 600.0M | 357.0M | 311.0M | 264.0M | 251.0M | 225.0M |
| Cost Of Revenue | 539.0M | 574.0M | 689.0M | 989.0M | 851.0M | 754.0M | 874.0M | 791.0M | 371.0M | 230.0M | 205.0M | 167.0M | 151.0M | 132.0M |
| Gross Profit | 172.0M | 184.0M | 302.0M | 471.0M | 346.0M | 292.0M | 555.0M | 474.0M | 229.0M | 127.0M | 106.0M | 97.0M | 100.0M | 93.0M |
| Gross Margin % | 24.2% | 24.3% | 30.5% | 32.3% | 28.9% | 27.9% | 38.8% | 37.5% | 38.2% | 35.6% | 34.1% | 36.7% | 39.8% | 41.3% |
| Total Operating Cost | 946.0M | 1.0B | 1.1B | 1.4B | 1.5B | 2.0B | 1.5B | 1.1B | 546.0M | 327.0M | 282.0M | 231.0M | 215.0M | 190.0M |
| Selling Expenses | 106.0M | 124.0M | 125.0M | 122.0M | 114.0M | 136.0M | 130.0M | 81.9M | 39.6M | 23.0M | 23.8M | 18.8M | 18.0M | 17.1M |
| Admin Expenses | 114.0M | 123.0M | 93.7M | 117.0M | 125.0M | 122.0M | 107.0M | 97.1M | 121.0M | 63.5M | 46.7M | 41.7M | 40.9M | 34.5M |
| Rd Expenses | 46.3M | 70.4M | 103.0M | 111.0M | 112.0M | 121.0M | 118.0M | 65.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 33.6M | 23.1M | 12.8M | 14.4M | 28.6M | 22.5M | 17.2M | 5.7M | 3.3M | 1.2M | 2.2M | 830,600 | 1.9M | 2.7M |
| Operating Income | -221.0M | -245.0M | -99.1M | 134.0M | -327.0M | -963.0M | 51.6M | 232.0M | 71.7M | 38.4M | 29.3M | 32.8M | 36.4M | 35.4M |
| Operating Margin % | -31.1% | -32.3% | -10.0% | 9.2% | -27.3% | -92.1% | 3.6% | 18.3% | 12.0% | 10.7% | 9.4% | 12.4% | 14.5% | 15.7% |
| Non Operating Income | 924,400 | 3.2M | 4.2M | 14.1M | 10.2M | 15.9M | 616,800 | 879,500 | 7.9M | 6.6M | 4.2M | 7.6M | 11.9M | 9.3M |
| Non Operating Expenses | 5.9M | 2.6M | 2.9M | 5.8M | 5.7M | 7.4M | 3.6M | 225,400 | 48,200 | 235,200 | 26,100 | 168,000 | 9,200 | 118,600 |
| Investment Income | -3.0M | -2.5M | -6.0M | -26.7M | -17.8M | 120.0M | 25.0M | 5.1M | 16.9M | 7.9M | -- | -- | -- | 52,300 |
| Fair Value Change Income | -- | -- | -- | -- | -- | -121.0M | 67.4M | 44.1M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 4,200 | 143,000 | 144,800 | 62.1M | -2.2M | 527,100 | -191,600 | 13,400 | 89,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 84.5M | 79.8M | 71.6M | 20.7M | 254.0M | 748.0M | 247.0M | 43.9M | 6.4M | 5.9M | 1.9M | 1.3M | 1.3M | 1.5M |
| Other Income | 17.6M | 21.4M | 33.0M | 21.4M | 30.5M | 23.0M | 32.3M | 14.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -226.0M | -245.0M | -97.7M | 143.0M | -322.0M | -954.0M | 48.6M | 233.0M | 79.6M | 44.8M | 33.5M | 40.2M | 48.2M | 44.6M |
| Income Tax | 31.6M | -9.2M | 4.3M | 15.2M | -11.7M | -30.1M | 29.7M | 32.7M | 6.8M | 5.4M | 4.3M | 5.5M | 6.5M | 6.5M |
| Net Income | -257.0M | -236.0M | -102.0M | 127.0M | -310.0M | -924.0M | 18.9M | 200.0M | 72.8M | 39.3M | 29.1M | 34.6M | 41.7M | 38.1M |
| Net Margin % | -36.1% | -31.1% | -10.3% | 8.7% | -25.9% | -88.3% | 1.3% | 15.8% | 12.1% | 11.0% | 9.4% | 13.1% | 16.6% | 16.9% |
| Net Income Attributable | -223.0M | -221.0M | -101.0M | 130.0M | -313.0M | -925.0M | 16.9M | 198.0M | 72.8M | 39.3M | 29.1M | 34.6M | 41.7M | 38.1M |
| Minority Interest | -33.9M | -15.0M | -722,700 | -2.5M | 2.6M | 410,800 | 2.0M | 2.4M | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.61 | -0.60 | -0.27 | 0.36 | -0.83 | -2.42 | 0.05 | 1.05 | 0.45 | 0.26 | 0.26 | 0.77 | 0.93 | 0.85 |
| Eps Diluted | -0.61 | -0.60 | -0.27 | 0.36 | -0.83 | -2.42 | 0.05 | 1.04 | 0.44 | 0.26 | 0.26 | 0.77 | 0.93 | 0.85 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 78.3M | 177.0M | 154.0M | 118.0M | 165.0M | 182.0M | 335.0M | 228.0M | 133.0M | 135.0M | 172.0M | 47.4M | 55.8M | 42.2M |
| Trading Financial Assets | -- | -- | -- | -- | -- | -- | 121.0M | 54.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 354.0M | 479.0M | 565.0M | 728.0M | 686.0M | 756.0M | 856.0M | 729.0M | 340.0M | 242.0M | 173.0M | 132.0M | 100.0M | 86.7M |
| Notes Receivable | 44.3M | 88.8M | 72.4M | 111.0M | 109.0M | 133.0M | 95.2M | 87.3M | 42.9M | 15.8M | 3.4M | 8.5M | 8.6M | 4.6M |
| Notes And Accounts Receivable | 398.0M | 568.0M | 637.0M | 839.0M | 796.0M | 889.0M | 951.0M | 816.0M | 383.0M | 257.0M | 176.0M | 140.0M | 109.0M | 91.4M |
| Prepayments | 34.1M | 64.0M | 14.7M | 16.2M | 49.9M | 25.0M | 13.8M | 27.9M | 6.8M | 16.6M | 3.6M | 5.0M | 3.3M | 6.6M |
| Inventory | 489.0M | 426.0M | 332.0M | 312.0M | 309.0M | 417.0M | 425.0M | 383.0M | 204.0M | 76.3M | 65.6M | 59.7M | 35.1M | 22.0M |
| Total Current Assets | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.6B | 1.9B | 1.5B | 731.0M | 486.0M | 417.0M | 253.0M | 203.0M | 162.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | 143.0M | 126.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 315.0M | 275.0M | 277.0M | 276.0M | 308.0M | 153.0M | 157.0M | 134.0M | 73.9M | 64.5M | 62.4M | 66.0M | 65.5M |
| Fixed Assets Total | 230.0M | 315.0M | 275.0M | 277.0M | 276.0M | 308.0M | 153.0M | 157.0M | 134.0M | 73.9M | 64.5M | 62.4M | 66.0M | 65.5M |
| Construction In Progress | -- | 140.0M | 128.0M | 202.0M | 195.0M | 83.5M | 178.0M | 15.7M | 264,000 | 32.1M | 29,700 | -- | -- | -- |
| Construction In Progress Total | 6.8M | 140.0M | 128.0M | 202.0M | 195.0M | 83.5M | 178.0M | 15.7M | 264,000 | 32.1M | 29,700 | -- | -- | -- |
| Intangible Assets | 26.8M | 43.5M | 51.6M | 58.8M | 70.9M | 77.8M | 89.6M | 91.8M | 34.2M | 11.9M | 12.1M | 12.3M | 12.5M | 12.5M |
| Long Term Deferred Expenses | 11.4M | 22.9M | 9.6M | 11.0M | 19.3M | 14.6M | 9.6M | 9.0M | 4.6M | 2.6M | 1.1M | 1.8M | 2.4M | 3.8M |
| Total Non Current Assets | 301.0M | 624.0M | 547.0M | 691.0M | 765.0M | 846.0M | 1.3B | 1.3B | 818.0M | 296.0M | 79.4M | 78.6M | 83.8M | 84.8M |
| Total Assets | 1.5B | 2.0B | 1.8B | 2.1B | 2.2B | 2.4B | 3.2B | 2.9B | 1.5B | 783.0M | 496.0M | 331.0M | 287.0M | 247.0M |
| Short Term Borrowings | 244.0M | 349.0M | 249.0M | 181.0M | 291.0M | 265.0M | 281.0M | 187.0M | 44.9M | 64.3M | 22.8M | 11.5M | 13.7M | -- |
| Accounts Payable | 272.0M | 362.0M | 336.0M | 591.0M | 524.0M | 434.0M | 359.0M | 253.0M | 165.0M | 67.9M | 53.5M | 46.6M | 31.0M | 39.0M |
| Advance Receipts | 92.1M | -- | 735,100 | 735,100 | 174.0M | 91.4M | 32.0M | 36.5M | 25.7M | 2.9M | 651,900 | 939,800 | 878,600 | 430,800 |
| Contract Liabilities | 326.0M | 248.0M | 121.0M | 126.0M | 102.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 1.3B | 1.0B | 1.3B | 1.5B | 1.3B | 1.1B | 766.0M | 387.0M | 354.0M | 109.0M | 85.3M | 62.6M | 53.4M |
| Long Term Borrowings | 48.9M | 85.4M | 57.6M | 24.0M | 27.0M | 114.0M | 84.0M | 26.3M | -- | -- | -- | 12.4M | 21.6M | 30.8M |
| Total Non Current Liabilities | 82.3M | 234.0M | 123.0M | 60.2M | 95.0M | 192.0M | 115.0M | 55.7M | 12.2M | 1.5M | 4.5M | 20.7M | 36.3M | 47.2M |
| Total Liabilities | 1.3B | 1.5B | 1.1B | 1.3B | 1.6B | 1.5B | 1.2B | 821.0M | 399.0M | 355.0M | 114.0M | 106.0M | 98.9M | 101.0M |
| Paid In Capital | 367.0M | 367.0M | 368.0M | 369.0M | 374.0M | 381.0M | 196.0M | 197.0M | 181.0M | 160.0M | 60.0M | 45.0M | 45.0M | 45.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.4B | 1.4B | 756.0M | 169.0M | 143.0M | 25.2M | 25.2M | 25.2M |
| Surplus Reserve | 33.8M | 33.8M | 33.8M | 33.8M | 33.8M | 33.8M | 33.8M | 33.8M | 20.7M | 17.9M | 14.9M | 12.6M | 9.2M | 5.5M |
| Retained Earnings | -1.3B | -1.1B | -861.0M | -759.0M | -889.0M | -577.0M | 429.0M | 432.0M | 261.0M | 197.0M | 165.0M | 142.0M | 109.0M | 70.8M |
| Minority Equity | -1.5M | 5.3M | 8.2M | 3.4M | 13.4M | 10.7M | 10.0M | 8.0M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 217.0M | 439.0M | 660.0M | 742.0M | 616.0M | 939.0M | 2.0B | 2.0B | 1.1B | 427.0M | 382.0M | 225.0M | 188.0M | 147.0M |
| Total Equity | 215.0M | 445.0M | 668.0M | 745.0M | 629.0M | 950.0M | 2.0B | 2.0B | 1.1B | 427.0M | 382.0M | 225.0M | 188.0M | 147.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 750.0M | 758.0M | 952.0M | 1.1B | 1.2B | 976.0M | 1.2B | 1.2B | 595.0M | 240.0M | 254.0M | 222.0M | 242.0M | 205.0M |
| Tax Refunds Received | 7.7M | 11.8M | 10.6M | 7.5M | 14.1M | 24.7M | 9.1M | 6.1M | -- | -- | -- | 664,000 | -- | -- |
| Total Operating Cash Inflow | 846.0M | 952.0M | 1.0B | 1.2B | 1.2B | 1.0B | 1.3B | 1.3B | 602.0M | 247.0M | 255.0M | 228.0M | 255.0M | 215.0M |
| Cash Paid For Goods | 421.0M | 526.0M | 601.0M | 618.0M | 778.0M | 645.0M | 571.0M | 913.0M | 349.0M | 173.0M | 161.0M | 134.0M | 154.0M | 129.0M |
| Cash Paid To Employees | 237.0M | 243.0M | 252.0M | 256.0M | 243.0M | 253.0M | 261.0M | 197.0M | 95.9M | 59.4M | 47.3M | 42.7M | 38.3M | 26.6M |
| Taxes Paid | 45.7M | 61.8M | 49.6M | 61.5M | 51.6M | 57.1M | 117.0M | 102.0M | 49.4M | 23.0M | 27.9M | 25.9M | 25.8M | 23.2M |
| Total Operating Cash Outflow | 865.0M | 1.0B | 1.0B | 1.1B | 1.2B | 1.1B | 1.0B | 1.3B | 550.0M | 281.0M | 257.0M | 218.0M | 234.0M | 197.0M |
| Operating Cash Flow | -18.4M | -75.3M | 571,600 | 107.0M | 40.7M | -68.6M | 217.0M | -2.2M | 51.4M | -34.5M | -1.5M | 9.7M | 21.7M | 18.0M |
| Total Investing Cash Inflow | 108.0M | 4.1M | 2.2M | 61.9M | 166.0M | 13.9M | 53.2M | 8.3M | 6.7M | 151,700 | 79,400 | 139,200 | 206,900 | 394,800 |
| Total Investing Cash Outflow | 159.0M | 51.3M | 44.0M | 16.8M | 16.3M | 212.0M | 265.0M | 285.0M | 339.0M | 147.0M | 8.4M | 4.2M | 9.8M | 16.2M |
| Investing Cash Flow | -51.7M | -47.3M | -41.7M | 45.2M | 150.0M | -199.0M | -212.0M | -277.0M | -332.0M | -147.0M | -8.3M | -4.1M | -9.6M | -15.8M |
| Cash From Borrowings | 448.0M | 534.0M | 409.0M | 223.0M | 365.0M | 419.0M | 513.0M | 253.0M | 64.4M | 72.0M | 35.8M | 18.3M | 17.4M | -- |
| Dividends And Interest Paid | 18.9M | 17.6M | 13.7M | 9.4M | 19.0M | 91.8M | 33.9M | 21.7M | 9.4M | 5.5M | 6.1M | 2.0M | 2.3M | 2.7M |
| Debt Repayments | 463.0M | 426.0M | 281.0M | 301.0M | 470.0M | 405.0M | 362.0M | 109.0M | 83.5M | 34.9M | 34.3M | 29.5M | 12.7M | 11.2M |
| Total Financing Cash Inflow | 618.0M | 618.0M | 458.0M | 278.0M | 429.0M | 859.0M | 622.0M | 528.0M | 380.0M | 193.0M | 180.0M | 21.3M | 18.7M | 1.1M |
| Total Financing Cash Outflow | 629.0M | 483.0M | 370.0M | 502.0M | 616.0M | 664.0M | 622.0M | 179.0M | 113.0M | 47.4M | 45.6M | 36.9M | 18.8M | 16.2M |
| Financing Cash Flow | -10.8M | 135.0M | 87.8M | -224.0M | -186.0M | 195.0M | -448,000 | 349.0M | 267.0M | 146.0M | 134.0M | -15.6M | -63,900 | -15.1M |
| Net Change In Cash | -80.7M | 12.2M | 46.8M | -72.1M | 4.0M | -71.6M | 5.7M | 69.5M | -13.8M | -35.4M | 124.0M | -10.1M | 12.1M | -13.0M |
| Ending Cash Balance | 31.6M | 112.0M | 100.0M | 53.3M | 125.0M | 121.0M | 193.0M | 187.0M | 118.0M | 132.0M | 167.0M | 42.8M | 52.9M | 40.8M |
| Capex | 159.0M | 51.3M | 31.2M | 10.8M | 16.3M | 154.0M | 171.0M | 111.0M | 19.0M | 75.6M | 8.4M | 4.2M | 9.8M | 16.2M |