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 | 1.6B | 2.4B | 3.7B | 5.5B | 3.5B | 711.0M | 526.0M | 459.0M | 412.0M | 392.0M | 395.0M | 376.0M | 331.0M |
| Revenue Growth % | -7.1% | -30.8% | -35.8% | -33.7% | 58.2% | 391.0% | 35.2% | 14.6% | 11.4% | 5.1% | -0.8% | 5.1% | 13.6% | -- |
| Total Revenue | 1.5B | 1.6B | 2.4B | 3.7B | 5.5B | 3.5B | 711.0M | 526.0M | 459.0M | 412.0M | 392.0M | 395.0M | 376.0M | 331.0M |
| Cost Of Revenue | 1.2B | 1.2B | 1.8B | 2.8B | 3.5B | 2.0B | 620.0M | 427.0M | 351.0M | 310.0M | 293.0M | 297.0M | 283.0M | 251.0M |
| Gross Profit | 303.0M | 427.0M | 552.0M | 825.0M | 2.0B | 1.5B | 91.0M | 99.0M | 108.0M | 102.0M | 99.0M | 98.0M | 93.0M | 80.0M |
| Gross Margin % | 20.1% | 26.3% | 23.5% | 22.5% | 36.9% | 44.0% | 12.8% | 18.8% | 23.5% | 24.8% | 25.3% | 24.8% | 24.7% | 24.2% |
| Total Operating Cost | 1.8B | 1.7B | 2.6B | 5.3B | 5.3B | 3.3B | 719.0M | 509.0M | 415.0M | 372.0M | 348.0M | 346.0M | 330.0M | 291.0M |
| Selling Expenses | 153.0M | 261.0M | 495.0M | 862.0M | 1.4B | 1.2B | 22.3M | 20.8M | 19.4M | 20.5M | 19.9M | 18.9M | 18.7M | 16.6M |
| Admin Expenses | 106.0M | 139.0M | 199.0M | 190.0M | 146.0M | 130.0M | 42.9M | 28.7M | 39.5M | 34.8M | 26.4M | 21.4M | 21.1M | 19.1M |
| Rd Expenses | 26.8M | 23.4M | 46.2M | 108.0M | 92.8M | 57.4M | 7.7M | 9.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 19.2M | 44.0M | -20.5M | 123.0M | 118.0M | 17.4M | 15.2M | 13.2M | -1.3M | 2.8M | 5.0M | 5.4M | 3.3M | 2.0M |
| Operating Income | -281.0M | -49.1M | -252.0M | -1.6B | 274.0M | 173.0M | 5.1M | 18.4M | 45.0M | 40.8M | 43.2M | 49.7M | 46.1M | 39.9M |
| Operating Margin % | -18.6% | -3.0% | -10.7% | -43.1% | 5.0% | 5.0% | 0.7% | 3.5% | 9.8% | 9.9% | 11.0% | 12.6% | 12.2% | 12.1% |
| Non Operating Income | 5.5M | 1.0M | 815,000 | 790,200 | 890,000 | 1.3M | 50,100 | 491,400 | 4.8M | 2.3M | 4.5M | 964,800 | 4.6M | 2.0M |
| Non Operating Expenses | 126.0M | 31.3M | 8.1M | 8.7M | 5.0M | 6.2M | 402,600 | 821,800 | 932,800 | 680,700 | 523,500 | 256,100 | 345,300 | 678,000 |
| Investment Income | 10.5M | -2.0M | -2.2M | 45.4M | 1.7M | 6.5M | 8.0M | -855,100 | 1.4M | 791,700 | -- | -- | -- | -- |
| Fair Value Change Income | 852,000 | -3.9M | -- | -997,000 | 12.2M | 25,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 320,900 | 3.1M | 863,500 | -123,300 | 234,900 | 70,000 | 608,200 | -547,700 | -88,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 290.0M | 5.4M | 71.7M | 1.1B | 28.4M | 7.9M | 7.5M | 5.8M | 1.5M | 1.7M | 873,300 | 701,900 | 838,700 | 767,300 |
| Other Income | 6.4M | 5.3M | 9.7M | 19.0M | 10.8M | 16.4M | 4.8M | 3.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -401.0M | -79.4M | -259.0M | -1.6B | 270.0M | 168.0M | 4.8M | 18.1M | 48.8M | 42.4M | 47.1M | 50.4M | 50.4M | 41.2M |
| Income Tax | 57.2M | -5.3M | 951,700 | -61.1M | 42.4M | 18.7M | 1.3M | 3.0M | 7.0M | 6.4M | 6.7M | 7.5M | 8.2M | 10.4M |
| Net Income | -458.0M | -74.1M | -260.0M | -1.5B | 227.0M | 149.0M | 3.5M | 15.1M | 41.8M | 36.0M | 40.5M | 42.8M | 42.2M | 30.8M |
| Net Margin % | -30.3% | -4.6% | -11.1% | -41.6% | 4.1% | 4.3% | 0.5% | 2.9% | 9.1% | 8.7% | 10.3% | 10.8% | 11.2% | 9.3% |
| Net Income Attributable | -460.0M | -76.1M | -260.0M | -1.5B | 212.0M | 149.0M | 2.0M | 15.1M | 41.8M | 36.0M | 40.5M | 42.8M | 42.2M | 30.8M |
| Minority Interest | 1.9M | 2.0M | -15,300 | 123,100 | 15.6M | 605,600 | 1.4M | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.98 | -0.19 | -0.74 | -4.31 | 0.60 | 0.48 | 0.01 | 0.07 | 0.20 | 0.50 | 0.65 | 0.69 | 0.68 | 0.53 |
| Eps Diluted | -0.98 | -0.19 | -0.72 | -4.31 | 0.60 | 0.48 | 0.01 | 0.07 | 0.20 | 0.49 | 0.65 | 0.69 | 0.68 | 0.53 |
| 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 | 197.0M | 204.0M | 290.0M | 299.0M | 291.0M | 296.0M | 239.0M | 79.8M | 40.6M | 108.0M | 59.1M | 52.5M | 51.6M | 40.8M |
| Trading Financial Assets | -- | -- | -- | 2.0M | 14.9M | 88.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 310.0M | 271.0M | 301.0M | 395.0M | 756.0M | 487.0M | 306.0M | 138.0M | 102.0M | 117.0M | 96.7M | 81.3M | 71.6M | 53.4M |
| Notes Receivable | 15.4M | 12.5M | 45.3M | 21.4M | -- | -- | 26.2M | 4.2M | 9.2M | 9.7M | 5.2M | 9.3M | 450,000 | 300,000 |
| Notes And Accounts Receivable | 326.0M | 283.0M | 347.0M | 417.0M | 756.0M | 487.0M | 332.0M | 142.0M | 111.0M | 127.0M | 102.0M | 90.6M | 72.1M | 53.7M |
| Prepayments | 14.7M | 26.6M | 25.1M | 73.0M | 39.1M | 20.7M | 27.9M | 8.6M | 1.1M | 3.8M | 833,400 | 5.7M | 629,100 | 6.8M |
| Inventory | 205.0M | 261.0M | 352.0M | 475.0M | 928.0M | 617.0M | 464.0M | 141.0M | 101.0M | 80.9M | 72.6M | 48.1M | 46.0M | 49.0M |
| Total Current Assets | 863.0M | 962.0M | 1.1B | 1.4B | 2.2B | 1.7B | 1.2B | 426.0M | 325.0M | 324.0M | 242.0M | 202.0M | 174.0M | 154.0M |
| Long Term Equity Investment | 3.3M | 28.6M | 30.6M | 32.1M | 3.0M | 6.3M | 17.5M | 17.5M | 2.1M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 406.0M | 458.0M | 475.0M | 480.0M | 481.0M | 426.0M | 428.0M | 344.0M | 248.0M | 213.0M | 131.0M | 102.0M | 68.6M |
| Fixed Assets Total | 349.0M | 406.0M | 458.0M | 475.0M | 480.0M | 481.0M | 426.0M | 428.0M | 344.0M | 248.0M | 213.0M | 131.0M | 102.0M | 68.6M |
| Construction In Progress | -- | 6.5M | 2.7M | 5.1M | 10.9M | 7.2M | 38.0M | 66.9M | 90.5M | 37.9M | 7.6M | 47.0M | 24.1M | 8.0M |
| Construction In Progress Total | 10.3M | 8.4M | 5.5M | 9.4M | 13.1M | 9.0M | 39.8M | 67.3M | 91.0M | 38.4M | 8.0M | 47.4M | 24.7M | 8.0M |
| Intangible Assets | 38.2M | 61.6M | 83.2M | 104.0M | 110.0M | 125.0M | 108.0M | 47.5M | 47.2M | 46.2M | 39.7M | 43.1M | 43.8M | 42.0M |
| Long Term Deferred Expenses | 3.6M | 10.7M | 15.6M | 21.5M | 27.1M | 23.3M | 10.6M | -- | -- | 42,300 | 115,600 | 249,300 | 427,800 | 445,600 |
| Total Non Current Assets | 565.0M | 1.0B | 1.2B | 1.2B | 1.8B | 1.7B | 1.7B | 602.0M | 509.0M | 352.0M | 274.0M | 224.0M | 173.0M | 121.0M |
| Total Assets | 1.4B | 2.0B | 2.3B | 2.7B | 4.0B | 3.4B | 2.9B | 1.0B | 834.0M | 676.0M | 516.0M | 426.0M | 347.0M | 274.0M |
| Short Term Borrowings | 220.0M | 234.0M | 242.0M | 387.0M | 399.0M | 284.0M | 288.0M | 216.0M | 100.0M | 50.0M | 101.0M | 73.5M | 77.0M | 37.0M |
| Accounts Payable | 314.0M | 404.0M | 484.0M | 563.0M | 553.0M | 515.0M | 257.0M | 85.8M | 68.4M | 57.7M | 48.5M | 31.6M | 49.4M | 40.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 12.6M | 12.4M | 9.5M | 9.9M | 6.7M | 3.9M | 2.9M | 3.1M | 3.7M |
| Contract Liabilities | 23.0M | 20.2M | 19.1M | 60.8M | 24.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 1.2B | 1.9B | 1.4B | 1.3B | 1.4B | 2.3B | 419.0M | 283.0M | 200.0M | 221.0M | 157.0M | 138.0M | 93.8M |
| Long Term Borrowings | 59.6M | 79.5M | 117.0M | 294.0M | 369.0M | 60.4M | 58.5M | 95.3M | 37.5M | -- | 35.0M | 30.0M | -- | -- |
| Total Non Current Liabilities | 249.0M | 211.0M | 259.0M | 745.0M | 763.0M | 152.0M | 125.0M | 101.0M | 42.2M | 2.7M | 35.9M | 30.7M | 700,000 | -- |
| Total Liabilities | 1.3B | 1.4B | 2.1B | 2.2B | 2.0B | 1.6B | 2.4B | 520.0M | 325.0M | 202.0M | 257.0M | 187.0M | 139.0M | 93.8M |
| Paid In Capital | 462.0M | 471.0M | 369.0M | 353.0M | 353.0M | 353.0M | 207.0M | 208.0M | 210.0M | 84.2M | 62.0M | 62.0M | 62.0M | 62.0M |
| Capital Reserve | 1.5B | 1.6B | 1.2B | 1.1B | 1.1B | 1.1B | 103.0M | 112.0M | 126.0M | 254.0M | 71.3M | 71.3M | 71.3M | 71.3M |
| Surplus Reserve | 26.9M | 26.9M | 26.9M | 26.9M | 26.9M | 26.9M | 26.9M | 26.9M | 25.8M | 21.7M | 17.8M | 13.4M | 9.1M | 4.8M |
| Retained Earnings | -1.8B | -1.4B | -1.3B | -1.0B | 507.0M | 325.0M | 174.0M | 172.0M | 169.0M | 140.0M | 108.0M | 91.5M | 65.4M | 42.6M |
| Minority Equity | 18.5M | 20.5M | 17.8M | 19.7M | 22.7M | 7.3M | 10.6M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 130.0M | 565.0M | 154.0M | 464.0M | 2.0B | 1.8B | 511.0M | 509.0M | 508.0M | 473.0M | 259.0M | 238.0M | 208.0M | 181.0M |
| Total Equity | 148.0M | 586.0M | 172.0M | 484.0M | 2.0B | 1.8B | 521.0M | 509.0M | 508.0M | 473.0M | 259.0M | 238.0M | 208.0M | 181.0M |
| 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 | 1.4B | 1.4B | 2.4B | 3.4B | 4.0B | 2.7B | 631.0M | 575.0M | 519.0M | 410.0M | 400.0M | 389.0M | 379.0M | 328.0M |
| Tax Refunds Received | 21.8M | 49.7M | 95.0M | 180.0M | 171.0M | 99.1M | 10.0M | 5.6M | 2.2M | -- | 394,100 | 5.5M | 513,700 | 838,200 |
| Total Operating Cash Inflow | 1.5B | 1.5B | 2.5B | 3.7B | 4.2B | 2.8B | 661.0M | 585.0M | 534.0M | 413.0M | 401.0M | 395.0M | 385.0M | 332.0M |
| Cash Paid For Goods | 1.0B | 1.1B | 1.7B | 2.6B | 3.6B | 2.1B | 509.0M | 416.0M | 299.0M | 263.0M | 254.0M | 245.0M | 248.0M | 226.0M |
| Cash Paid To Employees | 191.0M | 203.0M | 283.0M | 380.0M | 321.0M | 266.0M | 85.9M | 81.4M | 78.7M | 60.9M | 53.0M | 45.8M | 44.9M | 49.3M |
| Taxes Paid | 39.0M | 35.8M | 40.9M | 111.0M | 117.0M | 106.0M | 26.1M | 17.1M | 33.3M | 25.9M | 17.7M | 24.7M | 30.6M | 25.7M |
| Total Operating Cash Outflow | 1.4B | 1.5B | 2.3B | 3.5B | 4.4B | 2.7B | 646.0M | 542.0M | 440.0M | 371.0M | 345.0M | 339.0M | 339.0M | 316.0M |
| Operating Cash Flow | 88.1M | -39.5M | 144.0M | 209.0M | -152.0M | 153.0M | 14.5M | 42.9M | 93.2M | 41.5M | 56.2M | 56.7M | 46.5M | 16.0M |
| Total Investing Cash Inflow | 103.0M | 66.9M | 161.0M | 538.0M | 577.0M | 466.0M | 242.0M | 30.3M | 3.9M | 3.6M | 7.8M | 653,000 | 2.8M | 76,500 |
| Total Investing Cash Outflow | 128.0M | 89.7M | 204.0M | 646.0M | 1.0B | 821.0M | 134.0M | 175.0M | 241.0M | 114.0M | 65.0M | 76.8M | 60.3M | 67.3M |
| Investing Cash Flow | -25.4M | -22.8M | -43.3M | -108.0M | -423.0M | -355.0M | 108.0M | -144.0M | -237.0M | -111.0M | -57.2M | -76.2M | -57.6M | -67.2M |
| Cash From Borrowings | 251.0M | 271.0M | 328.0M | 557.0M | 880.0M | 464.0M | 296.0M | 301.0M | 158.0M | 175.0M | 150.0M | 114.0M | 144.0M | 78.7M |
| Dividends And Interest Paid | 18.1M | 24.7M | 30.7M | 61.2M | 59.7M | 20.6M | 18.1M | 23.7M | 12.0M | 8.5M | 28.9M | 15.8M | 18.1M | 1.8M |
| Debt Repayments | 269.0M | 447.0M | 501.0M | 634.0M | 487.0M | 425.0M | 280.0M | 127.0M | 70.0M | 262.0M | 117.0M | 87.0M | 104.0M | 72.7M |
| Total Financing Cash Inflow | 358.0M | 922.0M | 462.0M | 562.0M | 1.1B | 733.0M | 342.0M | 301.0M | 163.0M | 389.0M | 150.0M | 114.0M | 144.0M | 140.0M |
| Total Financing Cash Outflow | 429.0M | 928.0M | 590.0M | 766.0M | 604.0M | 473.0M | 315.0M | 164.0M | 91.3M | 270.0M | 148.0M | 103.0M | 122.0M | 74.5M |
| Financing Cash Flow | -71.8M | -6.0M | -128.0M | -204.0M | 545.0M | 260.0M | 26.8M | 137.0M | 71.7M | 119.0M | 2.1M | 10.7M | 21.6M | 65.1M |
| Net Change In Cash | -5.2M | -64.0M | -24.5M | -83.8M | -12.2M | 58.3M | 151.0M | 35.2M | -71.4M | 51.3M | 1.1M | -8.8M | 10.5M | 13.9M |
| Ending Cash Balance | 77.5M | 82.7M | 147.0M | 171.0M | 255.0M | 267.0M | 209.0M | 57.9M | 22.7M | 94.1M | 42.7M | 41.6M | 50.4M | 39.9M |
| Capex | 38.4M | 22.4M | 40.3M | 66.9M | 151.0M | 118.0M | 87.4M | 155.0M | 191.0M | 114.0M | 65.0M | 76.3M | 60.3M | 67.3M |