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 | 1.5B | 2.0B | 2.1B | 2.7B | 4.2B | 3.9B | 3.0B | 264.0M | 233.0M | 314.0M | 304.0M | 263.0M | 276.0M | 223.0M |
| Revenue Growth % | -27.3% | -6.8% | -20.8% | -35.4% | 6.4% | 30.1% | 1048.1% | 13.3% | -25.8% | 3.3% | 15.6% | -4.7% | 23.8% | -- |
| Total Revenue | 1.5B | 2.0B | 2.1B | 2.7B | 4.2B | 3.9B | 3.0B | 264.0M | 233.0M | 314.0M | 304.0M | 263.0M | 276.0M | 223.0M |
| Cost Of Revenue | 1.2B | 1.6B | 1.7B | 2.1B | 3.0B | 2.5B | 1.8B | 180.0M | 161.0M | 215.0M | 210.0M | 182.0M | 192.0M | 153.0M |
| Gross Profit | 250.0M | 356.0M | 418.0M | 618.0M | 1.2B | 1.5B | 1.2B | 84.0M | 72.0M | 99.0M | 94.0M | 81.0M | 84.0M | 70.0M |
| Gross Margin % | 17.2% | 17.8% | 19.5% | 22.8% | 29.3% | 37.3% | 39.2% | 31.8% | 30.9% | 31.5% | 30.9% | 30.8% | 30.4% | 31.4% |
| Total Operating Cost | 1.5B | 3.7B | 3.1B | 2.5B | 3.5B | 3.3B | 2.5B | 231.0M | 207.0M | 263.0M | 261.0M | 228.0M | 238.0M | 193.0M |
| Selling Expenses | 57.7M | 75.9M | 85.4M | 104.0M | 126.0M | 186.0M | 107.0M | 13.3M | 13.6M | 13.7M | 12.3M | 12.1M | 14.5M | 7.0M |
| Admin Expenses | 105.0M | 105.0M | 116.0M | 130.0M | 130.0M | 313.0M | 303.0M | 23.0M | 25.2M | 25.0M | 22.9M | 20.2M | 20.0M | 23.1M |
| Rd Expenses | 32.3M | 74.3M | 75.5M | 100.0M | 149.0M | 146.0M | 113.0M | 11.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 4.1M | 6.8M | 25.9M | 39.8M | 76.8M | 87.5M | 14.8M | -1.3M | 222,200 | 2.6M | 8.4M | 6.6M | 7.1M | 6.6M |
| Operating Income | -147.0M | -1.6B | -972.0M | 230.0M | 660.0M | 676.0M | 517.0M | 33.4M | 25.9M | 50.9M | 42.8M | 35.0M | 38.5M | 30.5M |
| Operating Margin % | -10.1% | -81.0% | -45.3% | 8.5% | 15.7% | 17.1% | 17.1% | 12.6% | 11.1% | 16.2% | 14.1% | 13.3% | 14.0% | 13.7% |
| Non Operating Income | 76,400 | 15,000 | 1,000 | 297,500 | 22,100 | 11,000 | 933,300 | 693,000 | 2.7M | 2.9M | 4.0M | 3.1M | 2.2M | 3.0M |
| Non Operating Expenses | 4.9M | 7.2M | 2.4M | 2,800 | 2.9M | 1.9M | 3.4M | 1.4M | -- | 39,600 | 30,000 | 17,000 | 52,000 | 207,400 |
| Investment Income | 2.2M | 17.0M | 11.8M | 7.1M | -3.2M | 7.3M | 2.1M | 467,100 | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -90.1M | 7.7M | 11.8M | 159,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -4.0M | 48,400 | 377,400 | -158,300 | -122,000 | -1,100 | -- | -- | -31,400 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 49.5M | 704.0M | 1.1B | 20.5M | -75,900 | -- | 113.0M | 442,700 | 3.8M | 4.7M | 5.4M | 5.4M | 2.6M | 2.0M |
| Other Income | 6.6M | 13.7M | 5.1M | 7.8M | 6.5M | 3.6M | 59,000 | 9,000 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -152.0M | -1.6B | -975.0M | 230.0M | 657.0M | 674.0M | 514.0M | 32.7M | 28.6M | 53.8M | 46.8M | 38.1M | 40.7M | 33.2M |
| Income Tax | -20.0M | 76.3M | 6.8M | 21.2M | 79.4M | 80.7M | 63.6M | 5.0M | 3.8M | 9.8M | 3.9M | 5.1M | 6.2M | 4.6M |
| Net Income | -132.0M | -1.7B | -982.0M | 209.0M | 577.0M | 593.0M | 451.0M | 27.6M | 24.8M | 44.0M | 42.8M | 33.0M | 34.5M | 28.6M |
| Net Margin % | -9.1% | -85.1% | -45.7% | 7.7% | 13.8% | 15.0% | 14.9% | 10.5% | 10.6% | 14.0% | 14.1% | 12.6% | 12.5% | 12.8% |
| Net Income Attributable | -120.0M | -1.7B | -981.0M | 209.0M | 577.0M | 593.0M | 451.0M | 27.6M | 24.8M | 44.0M | 42.8M | 33.0M | 34.5M | 28.6M |
| Minority Interest | -12.2M | -8.0M | -119,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.24 | -3.41 | -1.97 | 0.42 | 1.17 | 1.22 | 0.97 | 0.16 | 0.23 | 0.52 | 0.65 | 0.50 | 0.52 | 0.43 |
| Eps Diluted | -0.24 | -3.41 | -1.97 | 0.42 | 1.17 | 1.21 | 0.96 | 0.16 | 0.23 | 0.52 | 0.65 | -- | -- | -- |
| 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 | 351.0M | 473.0M | 663.0M | 479.0M | 747.0M | 791.0M | 839.0M | 188.0M | 165.0M | 137.0M | 74.8M | 95.9M | 47.1M | 31.2M |
| Trading Financial Assets | 9.1M | 600,000 | 490.0M | 681.0M | 330.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 836.0M | 1.1B | 1.5B | 1.6B | 1.9B | 1.1B | 1.5B | 254.0M | 248.0M | 251.0M | 239.0M | 178.0M | 134.0M | 94.5M |
| Notes Receivable | 32.5M | 43.5M | 878.0M | 1.7B | 2.1B | 2.3B | 1.5B | 53.2M | 35.1M | 58.0M | 48.9M | 24.9M | 26.6M | 37.2M |
| Notes And Accounts Receivable | 869.0M | 1.2B | 2.4B | 3.2B | 3.9B | 3.4B | 2.9B | 308.0M | 283.0M | 309.0M | 288.0M | 203.0M | 161.0M | 132.0M |
| Prepayments | 33.9M | 44.4M | 24.7M | 6.2M | 13.5M | 7.7M | 30.9M | 964,900 | 575,400 | 559,900 | 684,100 | 1.4M | 713,000 | 156,100 |
| Inventory | 475.0M | 556.0M | 726.0M | 901.0M | 807.0M | 1.4B | 1.0B | 24.6M | 11.0M | 17.0M | 24.5M | 34.2M | 30.7M | 31.4M |
| Total Current Assets | 1.9B | 2.4B | 4.4B | 5.4B | 5.9B | 5.6B | 5.0B | 525.0M | 463.0M | 468.0M | 393.0M | 340.0M | 242.0M | 199.0M |
| Long Term Equity Investment | 33.9M | 33.7M | 34.1M | 22.8M | 23.4M | 19.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 422.0M | 451.0M | 434.0M | 456.0M | 483.0M | 180.0M | 145.0M | 75.5M | 44.5M | 47.7M | 51.7M | 41.9M | 33.7M |
| Fixed Assets Total | 478.0M | 422.0M | 451.0M | 434.0M | 456.0M | 483.0M | 180.0M | 145.0M | 75.5M | 44.5M | 47.7M | 51.7M | 41.9M | 33.7M |
| Construction In Progress | -- | -- | -- | -- | -- | 7.7M | 28.5M | -- | 23.4M | 39.8M | -- | 3,500 | 11.1M | 5.2M |
| Construction In Progress Total | 9.0M | -- | -- | -- | -- | 7.7M | 28.5M | 756,300 | 24.9M | 41.3M | 2.5M | 3,500 | 11.1M | 5.2M |
| Intangible Assets | 39.1M | 40.4M | 57.4M | 60.1M | 62.3M | 69.0M | 71.3M | 50.8M | 50.9M | 28.6M | 24.9M | 25.5M | 26.0M | 3.9M |
| Long Term Deferred Expenses | 3.0M | 1.8M | 3.2M | 7.5M | 11.9M | 8.6M | 12.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 900.0M | 901.0M | 1.3B | 2.4B | 2.2B | 2.2B | 1.9B | 201.0M | 156.0M | 118.0M | 80.9M | 79.6M | 80.4M | 44.4M |
| Total Assets | 2.8B | 3.3B | 5.7B | 7.8B | 8.1B | 7.8B | 6.9B | 726.0M | 619.0M | 586.0M | 474.0M | 420.0M | 323.0M | 244.0M |
| Short Term Borrowings | 158.0M | 154.0M | 655.0M | 679.0M | 682.0M | 965.0M | 602.0M | -- | 30.0M | 30.0M | 144.0M | 144.0M | 100.0M | 23.5M |
| Accounts Payable | 723.0M | 993.0M | 1.0B | 1.3B | 1.5B | 1.1B | 1.1B | 89.1M | 49.9M | 52.1M | 58.1M | 62.8M | 50.5M | 59.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 286.0M | 396.0M | 2.4M | 29,300 | 206,000 | 1.3M | 2.3M | 6.4M | 4.7M |
| Contract Liabilities | 428.0M | 412.0M | 200.0M | 179.0M | 162.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.5B | 1.8B | 2.5B | 3.6B | 4.0B | 4.4B | 3.3B | 241.0M | 161.0M | 144.0M | 256.0M | 246.0M | 184.0M | 139.0M |
| Long Term Borrowings | -- | -- | -- | -- | 22.0M | -- | 400.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 29.7M | 35.1M | 11.6M | 14.1M | 29.9M | 4.1M | 624.0M | -- | -- | 1.3M | 4.0M | 1.3M | -- | -- |
| Total Liabilities | 1.5B | 1.8B | 2.5B | 3.6B | 4.0B | 4.4B | 4.0B | 241.0M | 161.0M | 146.0M | 260.0M | 248.0M | 184.0M | 139.0M |
| Paid In Capital | 498.0M | 498.0M | 498.0M | 498.0M | 498.0M | 499.0M | 291.0M | 111.0M | 108.0M | 88.0M | 66.0M | 66.0M | 66.0M | 66.0M |
| Capital Reserve | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | 2.0B | 247.0M | 189.0M | 179.0M | 10.5M | 10.5M | 10.5M | 10.5M |
| Surplus Reserve | 119.0M | 119.0M | 119.0M | 85.6M | 50.5M | 36.9M | 26.3M | 23.5M | 20.7M | 18.2M | 13.8M | 9.6M | 6.2M | 2.8M |
| Retained Earnings | -1.1B | -952.0M | 760.0M | 1.8B | 1.7B | 1.2B | 636.0M | 188.0M | 169.0M | 155.0M | 125.0M | 86.0M | 56.2M | 25.2M |
| Minority Equity | -5.5M | 851,700 | 2.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.3B | 1.5B | 3.2B | 4.2B | 4.0B | 3.5B | 2.9B | 485.0M | 458.0M | 440.0M | 215.0M | 172.0M | 139.0M | 104.0M |
| Total Equity | 1.3B | 1.5B | 3.2B | 4.2B | 4.0B | 3.5B | 2.9B | 485.0M | 458.0M | 440.0M | 215.0M | 172.0M | 139.0M | 104.0M |
| 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 | 1.3B | 2.3B | 2.9B | 3.5B | 3.3B | 2.8B | 1.9B | 219.0M | 245.0M | 231.0M | 182.0M | 155.0M | 150.0M | 102.0M |
| Tax Refunds Received | 2.6M | 13.4M | 161,400 | -- | -- | 34,400 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.4B | 2.5B | 3.3B | 4.2B | 3.4B | 2.9B | 1.9B | 257.0M | 285.0M | 234.0M | 192.0M | 163.0M | 155.0M | 111.0M |
| Cash Paid For Goods | 1.1B | 2.1B | 1.9B | 2.5B | 2.0B | 2.4B | 1.8B | 135.0M | 136.0M | 127.0M | 145.0M | 93.9M | 81.8M | 86.8M |
| Cash Paid To Employees | 133.0M | 167.0M | 585.0M | 218.0M | 227.0M | 182.0M | 121.0M | 24.1M | 24.8M | 22.7M | 19.1M | 18.6M | 17.8M | 12.4M |
| Taxes Paid | 59.8M | 85.6M | 145.0M | 195.0M | 254.0M | 295.0M | 200.0M | 23.8M | 23.7M | 29.0M | 25.9M | 23.2M | 17.5M | 22.4M |
| Total Operating Cash Outflow | 1.5B | 2.5B | 3.1B | 3.6B | 2.7B | 3.1B | 2.4B | 232.0M | 232.0M | 210.0M | 201.0M | 149.0M | 135.0M | 134.0M |
| Operating Cash Flow | -105.0M | -42.5M | 172.0M | 656.0M | 701.0M | -176.0M | -484.0M | 24.5M | 53.0M | 24.2M | -8.7M | 13.9M | 19.6M | -23.3M |
| Total Investing Cash Inflow | 177.0M | 4.1B | 5.0B | 3.9B | 1.7B | 1.0B | 1.0B | 44.5M | 4,903 | 140,000 | -- | -- | -- | 34,000 |
| Total Investing Cash Outflow | 224.0M | 3.7B | 4.8B | 4.5B | 2.2B | 1.3B | 1.5B | 71.3M | 41.7M | 45.8M | 1.3M | 2.0M | 34.1M | 6.3M |
| Investing Cash Flow | -47.3M | 442.0M | 176.0M | -610.0M | -440.0M | -218.0M | -453.0M | -26.8M | -41.7M | -45.7M | -1.3M | -2.0M | -34.1M | -6.3M |
| Cash From Borrowings | 155.0M | 450.0M | 785.0M | 926.0M | 893.0M | 1.0B | 1.0B | -- | 30.0M | 98.2M | 174.0M | 211.0M | 128.0M | 128.0M |
| Dividends And Interest Paid | 6.8M | 32.9M | 47.5M | 94.9M | 119.0M | 103.0M | 20.9M | 5.6M | 10.0M | 12.9M | 9.2M | 7.2M | 6.3M | 6.4M |
| Debt Repayments | 151.0M | 954.0M | 830.0M | 1.0B | 1.3B | 697.0M | 65.4M | 30.0M | 30.0M | 212.0M | 174.0M | 167.0M | 91.4M | 132.0M |
| Total Financing Cash Inflow | 158.0M | 459.0M | 788.0M | 926.0M | 1.2B | 1.1B | 1.5B | 64.7M | 58.6M | 299.0M | 174.0M | 211.0M | 128.0M | 130.0M |
| Total Financing Cash Outflow | 161.0M | 992.0M | 888.0M | 1.1B | 1.5B | 800.0M | 125.0M | 44.2M | 40.0M | 234.0M | 184.0M | 175.0M | 99.3M | 139.0M |
| Financing Cash Flow | -3.3M | -533.0M | -100.0M | -188.0M | -304.0M | 273.0M | 1.4B | 20.6M | 18.6M | 65.2M | -9.7M | 36.2M | 28.6M | -9.7M |
| Net Change In Cash | -156.0M | -133.0M | 248.0M | -142.0M | -42.5M | -120.0M | 437.0M | 18.3M | 29.9M | 43.8M | -19.7M | 48.1M | 14.2M | -39.3M |
| Ending Cash Balance | 256.0M | 412.0M | 545.0M | 298.0M | 440.0M | 482.0M | 603.0M | 166.0M | 147.0M | 118.0M | 73.7M | 93.5M | 45.3M | 31.2M |
| Capex | 31.5M | 52.1M | 32.4M | 18.5M | 34.6M | 206.0M | 109.0M | 27.3M | 41.7M | 45.8M | 1.3M | 2.0M | 34.1M | 6.3M |