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 | 226.0M | 260.0M | 191.0M | 344.0M | 364.0M | 492.0M | 803.0M | 504.0M | 213.0M | 109.0M | 123.0M | 153.0M | 178.0M | 146.0M |
| Revenue Growth % | -13.1% | 36.1% | -44.5% | -5.5% | -26.0% | -38.7% | 59.3% | 136.6% | 95.4% | -11.4% | -19.6% | -14.0% | 21.9% | -- |
| Total Revenue | 226.0M | 260.0M | 191.0M | 344.0M | 364.0M | 492.0M | 803.0M | 504.0M | 213.0M | 109.0M | 123.0M | 153.0M | 178.0M | 146.0M |
| Cost Of Revenue | 139.0M | 174.0M | 151.0M | 205.0M | 218.0M | 290.0M | 490.0M | 292.0M | 125.0M | 52.8M | 56.4M | 78.1M | 81.1M | 66.1M |
| Gross Profit | 87.0M | 86.0M | 40.0M | 139.0M | 146.0M | 202.0M | 313.0M | 212.0M | 88.0M | 56.2M | 66.6M | 74.9M | 96.9M | 79.9M |
| Gross Margin % | 38.5% | 33.1% | 20.9% | 40.4% | 40.1% | 41.1% | 39.0% | 42.1% | 41.3% | 51.6% | 54.2% | 48.9% | 54.5% | 54.7% |
| Total Operating Cost | 366.0M | 280.0M | 275.0M | 321.0M | 322.0M | 717.0M | 982.0M | 453.0M | 189.0M | 86.7M | 95.3M | 119.0M | 128.0M | 99.3M |
| Selling Expenses | 21.5M | 19.2M | 20.9M | 16.5M | 19.4M | 26.1M | 27.3M | 24.8M | 13.6M | 9.2M | 9.2M | 9.5M | 9.5M | 7.3M |
| Admin Expenses | 60.4M | 51.3M | 54.5M | 80.4M | 53.1M | 41.9M | 52.4M | 79.6M | 42.6M | 25.7M | 27.0M | 28.1M | 34.8M | 23.2M |
| Rd Expenses | 22.4M | 28.8M | 18.7M | 14.2M | 14.1M | 34.1M | 48.3M | 26.2M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 4.4M | -5.4M | 1.1M | 3.7M | 7.3M | 12.6M | 15.9M | 12.4M | 369,500 | -1.4M | 66,400 | -295,500 | 177,400 | 1.8M |
| Operating Income | -152.0M | -14.5M | -81.6M | 32.2M | 46.1M | -316.0M | -56.2M | 54.2M | 26.5M | 24.8M | 29.4M | 35.0M | 51.9M | 47.0M |
| Operating Margin % | -67.3% | -5.6% | -42.7% | 9.3% | 12.7% | -64.2% | -7.0% | 10.8% | 12.5% | 22.7% | 23.9% | 22.9% | 29.1% | 32.2% |
| Non Operating Income | 979,200 | 3.3M | 2.8M | 3.4M | 8.2M | 11.8M | 7.2M | 6.2M | 4.4M | 1.3M | 875,500 | 2.2M | 422,100 | 1.9M |
| Non Operating Expenses | 526,700 | 272,300 | 1.0M | 624,300 | 1.4M | 4.0M | 662,100 | 866,900 | 982,200 | 198,400 | 157,800 | 330,200 | 590,300 | 788,300 |
| Investment Income | -19.9M | -2.7M | -- | 114,700 | -- | -- | 2,927 | 393,500 | 2.9M | 3.0M | 1.7M | 517,000 | 1.9M | 748,900 |
| Fair Value Change Income | -- | -- | -- | -- | -242,500 | -106.0M | 112.0M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 3.7M | 344,700 | -28,800 | 225,800 | 62,900 | -1.7M | -57,800 | -329,500 | 252,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 101.0M | 10.5M | 24.0M | 3.4M | 5.0M | 105.0M | 341.0M | 13.8M | 5.8M | -622,500 | 1.3M | 1.6M | 906,900 | -249,200 |
| Other Income | 4.3M | 8.4M | 3.1M | 9.2M | 4.9M | 15.6M | 10.2M | 3.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -152.0M | -11.5M | -79.7M | 34.9M | 52.8M | -308.0M | -49.6M | 59.6M | 30.0M | 25.9M | 30.1M | 36.9M | 51.7M | 48.1M |
| Income Tax | 17.8M | -10.2M | -13.8M | 3.1M | -51.6M | -4.7M | 35.1M | 10.0M | 4.9M | 3.9M | 4.4M | 6.1M | 7.6M | 6.8M |
| Net Income | -170.0M | -1.3M | -65.9M | 31.8M | 104.0M | -303.0M | -84.7M | 49.6M | 25.0M | 22.0M | 25.7M | 30.8M | 44.1M | 41.3M |
| Net Margin % | -75.2% | -0.5% | -34.5% | 9.3% | 28.6% | -61.6% | -10.6% | 9.8% | 11.8% | 20.2% | 20.9% | 20.2% | 24.7% | 28.3% |
| Net Income Attributable | -154.0M | 9.9M | -63.5M | 31.9M | 105.0M | -216.0M | -88.8M | 21.2M | 13.4M | 22.0M | 25.7M | 30.8M | 44.1M | 41.3M |
| Minority Interest | -16.2M | -11.2M | -2.5M | -83,000 | -364,400 | -87.7M | 4.0M | 28.4M | 11.7M | -- | -- | -- | -- | -- |
| Eps Basic | -0.99 | 0.07 | -0.51 | 0.26 | 0.87 | -1.59 | -0.71 | 0.17 | 0.20 | 0.37 | 0.51 | 0.62 | 0.88 | 0.88 |
| Eps Diluted | -0.99 | 0.07 | -0.51 | 0.26 | 0.87 | -1.74 | -0.71 | 0.17 | 0.20 | 0.37 | 0.51 | 0.62 | 0.88 | 0.88 |
| 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 | 72.2M | 66.1M | 413.0M | 102.0M | 134.0M | 59.1M | 116.0M | 110.0M | 45.2M | 139.0M | 79.1M | 50.9M | 59.3M | 67.1M |
| Trading Financial Assets | -- | -- | -- | 13.6M | 13.6M | 13.8M | 112.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 160.0M | 128.0M | 86.6M | 147.0M | 128.0M | 86.0M | 388.0M | 331.0M | 255.0M | 30.7M | 27.1M | 46.5M | 38.3M | 26.7M |
| Notes Receivable | 688,000 | -- | -- | -- | -- | -- | 10.1M | 13.2M | 15.2M | 2.1M | 2.2M | 3.3M | 358,400 | 580,000 |
| Notes And Accounts Receivable | 160.0M | 128.0M | 86.6M | 147.0M | 128.0M | 86.0M | 398.0M | 344.0M | 271.0M | 32.8M | 29.3M | 49.8M | 38.7M | 27.3M |
| Prepayments | 2.0M | 5.0M | 7.2M | 1.4M | 814,600 | 705,600 | 1.4M | 3.0M | 3.2M | 252,700 | 185,200 | 435,300 | 367,800 | 698,100 |
| Inventory | 205.0M | 197.0M | 143.0M | 111.0M | 152.0M | 110.0M | 388.0M | 217.0M | 119.0M | 66.6M | 65.2M | 64.7M | 79.6M | 62.7M |
| Total Current Assets | 463.0M | 434.0M | 668.0M | 383.0M | 439.0M | 386.0M | 1.0B | 689.0M | 474.0M | 275.0M | 178.0M | 172.0M | 183.0M | 159.0M |
| Long Term Equity Investment | 177.0M | 172.0M | 25.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 159.0M | 46.2M | 49.0M | 54.9M | 59.0M | 123.0M | 70.4M | 63.4M | 11.5M | 11.2M | 11.6M | 13.2M | 13.7M |
| Fixed Assets Total | 145.0M | 159.0M | 46.2M | 49.0M | 54.9M | 59.0M | 123.0M | 70.4M | 63.4M | 11.5M | 11.2M | 11.6M | 13.2M | 13.7M |
| Construction In Progress | -- | 1.8M | 60.0M | 16.4M | -- | -- | 39.0M | 70.8M | 9.1M | 34.1M | 30.1M | 19.1M | 428,700 | 775,300 |
| Construction In Progress Total | 3.3M | 1.8M | 60.0M | 16.4M | -- | -- | 39.0M | 70.8M | 9.1M | 34.1M | 30.1M | 19.1M | 428,700 | 775,300 |
| Intangible Assets | 14.6M | 16.9M | 17.5M | 16.0M | 9.6M | 11.0M | 43.5M | 43.2M | 46.8M | 7.4M | 7.6M | 8.0M | 8.2M | 1.4M |
| Long Term Deferred Expenses | -- | 4.2M | 109,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 421.0M | 488.0M | 262.0M | 148.0M | 129.0M | 78.0M | 370.0M | 572.0M | 470.0M | 53.9M | 49.6M | 39.3M | 21.9M | 17.3M |
| Total Assets | 884.0M | 922.0M | 930.0M | 531.0M | 568.0M | 464.0M | 1.4B | 1.3B | 945.0M | 329.0M | 228.0M | 211.0M | 204.0M | 176.0M |
| Short Term Borrowings | 60.1M | -- | -- | 55.1M | 72.1M | 103.0M | 184.0M | 182.0M | 57.8M | -- | -- | -- | -- | -- |
| Accounts Payable | 111.0M | 84.4M | 62.4M | 47.5M | 36.0M | 57.1M | 404.0M | 183.0M | 168.0M | 8.1M | 13.5M | 9.1M | 18.0M | 8.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 15.1M | 57.2M | 36.7M | 22.7M | 13.5M | 10.0M | 4.4M | 6.2M | 10.4M |
| Contract Liabilities | 75.0M | 51.9M | 45.8M | 17.1M | 37.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 339.0M | 182.0M | 207.0M | 279.0M | 390.0M | 379.0M | 928.0M | 645.0M | 473.0M | 29.8M | 31.3M | 24.9M | 35.5M | 34.5M |
| Long Term Borrowings | 32.2M | 43.0M | 29.0M | -- | 25.0M | 70.0M | 95.0M | 167.0M | 100.0M | 44,100 | 139,500 | 105,300 | -- | -- |
| Total Non Current Liabilities | 38.0M | 71.5M | 56.9M | 6.9M | 30.2M | 74.3M | 125.0M | 174.0M | 108.0M | 2.6M | 1.6M | 1.6M | -- | -- |
| Total Liabilities | 377.0M | 254.0M | 264.0M | 286.0M | 420.0M | 454.0M | 1.1B | 819.0M | 582.0M | 32.4M | 32.8M | 26.4M | 35.5M | 34.5M |
| Paid In Capital | 156.0M | 156.0M | 160.0M | 130.0M | 130.0M | 122.0M | 125.0M | 70.5M | 66.7M | 66.7M | 50.0M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 701.0M | 702.0M | 743.0M | 317.0M | 271.0M | 162.0M | 231.0M | 301.0M | 152.0M | 152.0M | 72.4M | 72.4M | 72.4M | 72.4M |
| Surplus Reserve | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.7M | 11.6M | 9.2M | 6.0M | 1.2M |
| Retained Earnings | -329.0M | -176.0M | -186.0M | -122.0M | -154.0M | -259.0M | -43.1M | 85.5M | 68.0M | 64.8M | 61.5M | 53.2M | 40.6M | 17.8M |
| Minority Equity | -14.8M | -8.6M | 2.5M | -- | 1.1M | 1.4M | 96.5M | 95.3M | 62.6M | -- | -- | -- | -- | -- |
| Equity Attributable | 523.0M | 676.0M | 664.0M | 245.0M | 146.0M | 9.6M | 245.0M | 347.0M | 301.0M | 297.0M | 195.0M | 184.0M | 169.0M | 141.0M |
| Total Equity | 508.0M | 668.0M | 667.0M | 245.0M | 147.0M | 11.0M | 341.0M | 442.0M | 363.0M | 297.0M | 195.0M | 184.0M | 169.0M | 141.0M |
| 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 | 215.0M | 234.0M | 274.0M | 333.0M | 375.0M | 580.0M | 812.0M | 370.0M | 178.0M | 121.0M | 167.0M | 162.0M | 190.0M | 151.0M |
| Tax Refunds Received | 1.6M | 4.3M | 3.6M | 7.8M | 8.5M | 9.6M | 11.4M | 6.4M | 2.9M | 480,700 | 594,000 | 731,900 | 394,700 | 1.1M |
| Total Operating Cash Inflow | 229.0M | 255.0M | 291.0M | 353.0M | 399.0M | 610.0M | 841.0M | 385.0M | 194.0M | 125.0M | 170.0M | 167.0M | 192.0M | 154.0M |
| Cash Paid For Goods | 84.4M | 147.0M | 148.0M | 123.0M | 244.0M | 374.0M | 447.0M | 258.0M | 121.0M | 51.7M | 46.5M | 68.7M | 89.0M | 87.4M |
| Cash Paid To Employees | 141.0M | 141.0M | 117.0M | 100.0M | 91.2M | 107.0M | 115.0M | 87.0M | 52.1M | 33.3M | 35.8M | 39.1M | 38.3M | 22.8M |
| Taxes Paid | 15.5M | 24.5M | 10.5M | 41.3M | 15.5M | 55.5M | 81.4M | 39.1M | 13.5M | 15.1M | 17.7M | 22.4M | 19.9M | 20.8M |
| Total Operating Cash Outflow | 268.0M | 347.0M | 303.0M | 283.0M | 385.0M | 584.0M | 701.0M | 427.0M | 216.0M | 113.0M | 115.0M | 144.0M | 168.0M | 146.0M |
| Operating Cash Flow | -39.6M | -92.0M | -11.8M | 70.5M | 14.3M | 25.9M | 140.0M | -41.9M | -22.6M | 11.2M | 54.8M | 22.6M | 23.5M | 8.5M |
| Total Investing Cash Inflow | 5.8M | 669,400 | 3,440 | 8.2M | 137.0M | 898,800 | 3.3M | 132.0M | 468.0M | 622.0M | 581.0M | 171.0M | 524.0M | 314.0M |
| Total Investing Cash Outflow | 31.6M | 223.0M | 75.2M | 23.5M | 9.2M | 8.2M | 42.7M | 345.0M | 681.0M | 659.0M | 593.0M | 187.0M | 532.0M | 311.0M |
| Investing Cash Flow | -25.8M | -222.0M | -75.2M | -15.3M | 128.0M | -7.3M | -39.4M | -214.0M | -213.0M | -36.7M | -11.3M | -15.8M | -8.1M | 3.0M |
| Cash From Borrowings | 68.7M | 14.0M | 104.0M | 103.0M | 123.0M | 146.0M | 225.0M | 333.0M | 174.0M | -- | 264,400 | 166,200 | -- | 906,400 |
| Dividends And Interest Paid | 2.9M | 1.5M | 4.1M | 5.1M | 12.3M | 15.8M | 22.5M | 16.3M | 10.6M | 16.4M | 14.3M | 14.3M | 15.8M | 41.2M |
| Debt Repayments | 19.5M | -- | 155.0M | 155.0M | 189.0M | 243.0M | 257.0M | 142.0M | 20.3M | 75,700 | 168,900 | 27,700 | 2.6M | -- |
| Total Financing Cash Inflow | 98.8M | 14.0M | 577.0M | 111.0M | 218.0M | 246.0M | 226.0M | 457.0M | 175.0M | 101.0M | 264,400 | 166,200 | -- | 80.9M |
| Total Financing Cash Outflow | 26.4M | 39.5M | 182.0M | 163.0M | 323.0M | 291.0M | 332.0M | 163.0M | 33.6M | 16.8M | 15.2M | 15.0M | 23.0M | 44.7M |
| Financing Cash Flow | 72.4M | -25.5M | 394.0M | -51.4M | -105.0M | -44.2M | -106.0M | 294.0M | 142.0M | 84.7M | -14.9M | -14.9M | -23.0M | 36.2M |
| Net Change In Cash | 6.7M | -340.0M | 307.0M | 3.0M | 36.9M | -26.3M | -5.6M | 38.9M | -93.5M | 59.3M | 28.4M | -8.6M | -7.8M | 47.5M |
| Ending Cash Balance | 66.4M | 59.7M | 399.0M | 91.9M | 88.8M | 51.9M | 78.2M | 83.8M | 44.9M | 138.0M | 79.1M | 50.7M | 59.3M | 67.1M |
| Capex | 6.6M | 72.8M | 50.2M | 23.5M | 2.2M | 5.0M | 42.7M | 48.4M | 29.3M | 7.4M | 13.1M | 18.2M | 10.0M | 1.3M |