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 | 384.0M | 389.0M | 368.0M | 387.0M | 411.0M | 697.0M | 853.0M | 652.0M | 562.0M | 542.0M | 573.0M | 541.0M | 476.0M | 432.0M |
| Revenue Growth % | -1.3% | 5.7% | -4.9% | -5.8% | -41.0% | -18.3% | 30.8% | 16.0% | 3.7% | -5.4% | 5.9% | 13.7% | 10.2% | -- |
| Total Revenue | 384.0M | 389.0M | 368.0M | 387.0M | 411.0M | 697.0M | 853.0M | 652.0M | 562.0M | 542.0M | 573.0M | 541.0M | 476.0M | 432.0M |
| Cost Of Revenue | 368.0M | 365.0M | 340.0M | 352.0M | 388.0M | 641.0M | 698.0M | 501.0M | 442.0M | 414.0M | 443.0M | 420.0M | 370.0M | 345.0M |
| Gross Profit | 16.0M | 24.0M | 28.0M | 35.0M | 23.0M | 56.0M | 155.0M | 151.0M | 120.0M | 128.0M | 130.0M | 121.0M | 106.0M | 87.0M |
| Gross Margin % | 4.2% | 6.2% | 7.6% | 9.0% | 5.6% | 8.0% | 18.2% | 23.2% | 21.4% | 23.6% | 22.7% | 22.4% | 22.3% | 20.1% |
| Total Operating Cost | 411.0M | 368.0M | 399.0M | 370.0M | 575.0M | 993.0M | 884.0M | 607.0M | 528.0M | 500.0M | 524.0M | 494.0M | 434.0M | 395.0M |
| Selling Expenses | 4.1M | 7.9M | 11.8M | 10.2M | 15.9M | 44.5M | 56.8M | 33.3M | 26.5M | 31.5M | 30.8M | 27.4M | 20.9M | 16.9M |
| Admin Expenses | 10.1M | 13.9M | 19.5M | 26.7M | 33.2M | 47.2M | 38.8M | 27.3M | 53.4M | 46.2M | 37.0M | 38.0M | 33.4M | 23.8M |
| Rd Expenses | 18.6M | 23.9M | 19.6M | 22.0M | 34.8M | 39.4M | 52.6M | 33.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 8.1M | 9.5M | 11.0M | 10.6M | 10.1M | 7.4M | 24.1M | 6.0M | 1.9M | 6.5M | 8.9M | 6.2M | 5.4M | 7.0M |
| Operating Income | -24.1M | 25.4M | -20.8M | 15.1M | -192.0M | -284.0M | 17.5M | 47.4M | 34.1M | 42.5M | 49.0M | 46.4M | 42.2M | 36.8M |
| Operating Margin % | -6.3% | 6.5% | -5.6% | 3.9% | -46.7% | -40.7% | 2.0% | 7.3% | 6.1% | 7.8% | 8.6% | 8.6% | 8.9% | 8.5% |
| Non Operating Income | 164,500 | 325,600 | 91,600 | 88,200 | 914,400 | 22,800 | 1.4M | 148,400 | 4.9M | 3.8M | 3.8M | 2.5M | 1.4M | 1.3M |
| Non Operating Expenses | 374,700 | 2.0M | 993,300 | 420,800 | 737,400 | 5.2M | 63,400 | 97,800 | 446,100 | 303,700 | 233,000 | 221,800 | 534,500 | 256,700 |
| Investment Income | -1.8M | 3.3M | -1.2M | -4.0M | -29.3M | 8.2M | 7.2M | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -110,100 | -20,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -275,900 | 1,100 | 11.3M | 780,600 | 282,400 | 113,500 | 36.5M | -- | 100,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.6M | 3.7M | 184,000 | 10.1M | 63.5M | 10.8M | 11.2M | 4.3M | 893,800 | -78,400 | 2.7M | 891,800 | 1.6M | 416,700 |
| Other Income | 5.4M | 1.2M | 802,600 | 1.0M | 556,500 | 3.9M | 4.4M | 3.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -24.3M | 23.6M | -21.7M | 14.8M | -192.0M | -289.0M | 18.8M | 47.4M | 38.5M | 46.0M | 52.5M | 48.7M | 43.1M | 37.8M |
| Income Tax | -- | -372.72 | -- | 414.13 | -122,000 | 2.7M | -1.9M | 5.1M | 3.2M | 4.9M | 6.4M | 5.6M | 5.0M | 4.5M |
| Net Income | -24.3M | 23.6M | -21.7M | 14.8M | -192.0M | -292.0M | 20.6M | 42.3M | 35.3M | 41.1M | 46.2M | 43.1M | 38.0M | 33.3M |
| Net Margin % | -6.3% | 6.1% | -5.9% | 3.8% | -46.7% | -41.9% | 2.4% | 6.5% | 6.3% | 7.6% | 8.1% | 8.0% | 8.0% | 7.7% |
| Net Income Attributable | -24.3M | 23.6M | -21.7M | 14.8M | -189.0M | -293.0M | 21.2M | 42.3M | 35.3M | 41.1M | 46.2M | 43.1M | 38.0M | 33.3M |
| Minority Interest | -- | -- | -- | -50,000 | -2.5M | 864,600 | -559,900 | -5,800 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.19 | 0.19 | -0.17 | 0.12 | -1.50 | -2.31 | 0.17 | 0.33 | 0.53 | 0.70 | 0.92 | 0.86 | 0.76 | 0.67 |
| Eps Diluted | -0.19 | 0.19 | -0.17 | 0.12 | -1.50 | -2.31 | 0.17 | 0.33 | 0.53 | 0.70 | 0.92 | 0.86 | 0.76 | 0.67 |
| 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 | 8.4M | 4.4M | 16.8M | 23.2M | 995,600 | 113.0M | 337.0M | 112.0M | 137.0M | 153.0M | 49.1M | 62.1M | 30.2M | 55.2M |
| Accounts Receivable | 126.0M | 114.0M | 95.6M | 123.0M | 106.0M | 153.0M | 167.0M | 244.0M | 147.0M | 169.0M | 134.0M | 137.0M | 123.0M | 93.5M |
| Notes Receivable | 1.3M | 1.4M | 1.1M | 2.7M | 2.9M | 692,600 | 60.6M | 105.0M | 75.0M | 51.2M | 72.3M | 42.7M | 27.2M | 32.2M |
| Notes And Accounts Receivable | 127.0M | 115.0M | 96.7M | 126.0M | 109.0M | 154.0M | 227.0M | 348.0M | 222.0M | 220.0M | 206.0M | 180.0M | 151.0M | 126.0M |
| Prepayments | 4.8M | 1.4M | 4.4M | 924,500 | 3.9M | 5.7M | 341,000 | 2.2M | 77,600 | 553,000 | 4.3M | 2.5M | 901,300 | 665,800 |
| Inventory | 26.4M | 20.0M | 24.1M | 19.7M | 29.0M | 82.2M | 115.0M | 118.0M | 57.5M | 48.4M | 30.3M | 27.3M | 20.7M | 14.5M |
| Total Current Assets | 184.0M | 182.0M | 166.0M | 214.0M | 180.0M | 459.0M | 812.0M | 592.0M | 420.0M | 427.0M | 294.0M | 273.0M | 202.0M | 197.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | 87.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 135.0M | 135.0M | 161.0M | 188.0M | 224.0M | 251.0M | 66.9M | 69.9M | 69.3M | 61.5M | 37.3M | 37.2M | 30.5M |
| Fixed Assets Total | 121.0M | 135.0M | 135.0M | 161.0M | 188.0M | 224.0M | 251.0M | 66.9M | 69.9M | 69.3M | 61.5M | 37.3M | 37.2M | 30.5M |
| Construction In Progress | -- | 97,800 | 5.6M | 4.2M | 1.9M | 5.7M | 8.1M | 168.0M | 76.2M | 41.0M | 6.2M | 10.5M | 40,000 | 3.4M |
| Construction In Progress Total | 410,900 | 97,800 | 5.6M | 4.2M | 1.9M | 5.7M | 8.1M | 168.0M | 76.2M | 41.0M | 6.2M | 10.5M | 40,000 | 3.4M |
| Intangible Assets | 23.4M | 24.0M | 24.6M | 30.3M | 31.1M | 31.9M | 32.8M | 61.3M | 46.8M | 47.9M | 53.7M | 25.9M | 20.0M | 14.7M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | 2.3M | 2.4M | 3.7M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 145.0M | 159.0M | 168.0M | 198.0M | 223.0M | 355.0M | 300.0M | 776.0M | 198.0M | 164.0M | 127.0M | 79.4M | 59.8M | 50.2M |
| Total Assets | 329.0M | 341.0M | 334.0M | 411.0M | 403.0M | 814.0M | 1.1B | 1.4B | 618.0M | 591.0M | 421.0M | 352.0M | 262.0M | 247.0M |
| Short Term Borrowings | 220.0M | 215.0M | 155.0M | 140.0M | 200.0M | 349.0M | 370.0M | 163.0M | 40.0M | 56.0M | 117.0M | 91.0M | 48.0M | 80.0M |
| Accounts Payable | 22.6M | 17.8M | 18.2M | 21.7M | 31.3M | 37.5M | 54.7M | 106.0M | 47.4M | 27.6M | 35.2M | 30.3M | 30.3M | 27.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 703,200 | 282,000 | 11.4M | 1.1M | 873,100 | 265,600 | 606,500 | 139,100 | 1.1M |
| Contract Liabilities | 485,800 | 47,700 | 77,500 | 100,800 | 1.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 260.0M | 249.0M | 265.0M | 267.0M | 245.0M | 407.0M | 506.0M | 357.0M | 104.0M | 101.0M | 178.0M | 148.0M | 97.2M | 120.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 17.6M | 84.6M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 767,700 | -- | -- | 61.1M | 93.8M | 121.0M | 17.6M | 449.0M | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 261.0M | 249.0M | 265.0M | 328.0M | 339.0M | 528.0M | 524.0M | 806.0M | 104.0M | 101.0M | 178.0M | 148.0M | 97.2M | 120.0M |
| Paid In Capital | 127.0M | 127.0M | 127.0M | 129.0M | 127.0M | 127.0M | 127.0M | 66.7M | 66.7M | 66.7M | 50.0M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 189.0M | 189.0M | 189.0M | 190.0M | 180.0M | 180.0M | 180.0M | 240.0M | 240.0M | 240.0M | 43.8M | 43.8M | 43.8M | 43.8M |
| Surplus Reserve | 43.0M | 43.0M | 43.0M | 43.0M | 43.0M | 43.0M | 43.0M | 38.8M | 35.5M | 30.2M | 24.1M | 17.2M | 10.7M | 5.0M |
| Retained Earnings | -291.0M | -266.0M | -290.0M | -268.0M | -283.0M | -93.8M | 209.0M | 202.0M | 173.0M | 153.0M | 125.0M | 93.4M | 60.6M | 28.3M |
| Minority Equity | -- | -- | -- | -- | -2.4M | 29.7M | 28.8M | 14.7M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 67.9M | 92.3M | 68.6M | 83.1M | 66.7M | 256.0M | 558.0M | 547.0M | 515.0M | 490.0M | 243.0M | 204.0M | 165.0M | 127.0M |
| Total Equity | 67.9M | 92.3M | 68.6M | 83.1M | 64.3M | 286.0M | 587.0M | 562.0M | 515.0M | 490.0M | 243.0M | 204.0M | 165.0M | 127.0M |
| 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 | 337.0M | 244.0M | 303.0M | 175.0M | 323.0M | 423.0M | 468.0M | 324.0M | 271.0M | 241.0M | 315.0M | 289.0M | 260.0M | 242.0M |
| Tax Refunds Received | -- | 234,300 | -- | -- | 488,800 | 5.5M | 1.8M | 2.9M | 3.3M | 457,900 | 431,800 | 780,000 | 43,000 | 281,200 |
| Total Operating Cash Inflow | 344.0M | 261.0M | 312.0M | 177.0M | 345.0M | 434.0M | 493.0M | 340.0M | 281.0M | 250.0M | 325.0M | 298.0M | 263.0M | 248.0M |
| Cash Paid For Goods | 298.0M | 214.0M | 232.0M | 157.0M | 176.0M | 318.0M | 364.0M | 214.0M | 137.0M | 159.0M | 220.0M | 193.0M | 168.0M | 164.0M |
| Cash Paid To Employees | 22.9M | 28.7M | 28.2M | 33.2M | 38.0M | 44.2M | 74.4M | 38.1M | 31.6M | 29.7M | 24.8M | 22.6M | 17.3M | 13.3M |
| Taxes Paid | 1.2M | 7.6M | 6.9M | 3.7M | 3.4M | 17.6M | 18.2M | 20.4M | 23.5M | 21.2M | 23.9M | 26.2M | 21.4M | 21.1M |
| Total Operating Cash Outflow | 345.0M | 296.0M | 347.0M | 248.0M | 301.0M | 479.0M | 544.0M | 328.0M | 237.0M | 247.0M | 312.0M | 287.0M | 248.0M | 232.0M |
| Operating Cash Flow | -1.2M | -34.6M | -35.0M | -71.3M | 44.1M | -45.0M | -50.8M | 11.4M | 43.6M | 2.5M | 13.0M | 10.6M | 15.0M | 16.1M |
| Total Investing Cash Inflow | 836,800 | 61.3M | 40.8M | 122.0M | 24.7M | 1.2B | 162.0M | 2.6M | 2.5M | 7.4M | 32,600 | 417,900 | 1.4M | 505,400 |
| Total Investing Cash Outflow | 2.9M | 7.8M | 457,100 | 50.2M | 10.8M | 1.2B | 60.7M | 287.0M | 32.6M | 44.0M | 38.4M | 13.8M | 8.0M | 4.3M |
| Investing Cash Flow | -2.0M | 53.6M | 40.3M | 72.1M | 13.8M | -55.7M | 102.0M | -284.0M | -30.1M | -36.6M | -38.3M | -13.4M | -6.6M | -3.8M |
| Cash From Borrowings | 220.0M | 215.0M | 225.0M | 270.0M | 230.0M | 388.0M | 520.0M | 439.0M | 85.0M | 151.0M | 155.0M | 117.0M | 73.0M | 80.0M |
| Dividends And Interest Paid | 8.1M | 8.3M | 6.9M | 9.0M | 10.6M | 32.5M | 32.0M | 16.1M | 12.8M | 13.5M | 14.1M | 8.1M | 4.1M | 4.7M |
| Debt Repayments | 215.0M | 155.0M | 210.0M | 330.0M | 378.0M | 495.0M | 314.0M | 205.0M | 101.0M | 212.0M | 129.0M | 74.0M | 105.0M | 65.0M |
| Total Financing Cash Inflow | 430.0M | 261.0M | 413.0M | 471.0M | 235.0M | 388.0M | 535.0M | 453.0M | 85.0M | 381.0M | 155.0M | 117.0M | 73.0M | 80.0M |
| Total Financing Cash Outflow | 423.0M | 278.0M | 419.0M | 469.0M | 389.0M | 527.0M | 346.0M | 221.0M | 115.0M | 237.0M | 143.0M | 82.1M | 109.0M | 69.8M |
| Financing Cash Flow | 6.8M | -17.2M | -6.0M | 1.5M | -154.0M | -139.0M | 189.0M | 232.0M | -29.5M | 143.0M | 12.0M | 34.9M | -36.1M | 10.1M |
| Net Change In Cash | 3.6M | 1.7M | -666,700 | 2.4M | -95.6M | -240.0M | 240.0M | -40.8M | -16.0M | 109.0M | -13.3M | 32.1M | -27.6M | 22.5M |
| Ending Cash Balance | 7.6M | 4.0M | 2.3M | 3.0M | 589,900 | 96.2M | 336.0M | 96.3M | 137.0M | 153.0M | 43.8M | 57.1M | 24.9M | 52.6M |
| Capex | 1.8M | 7.8M | 457,100 | 4.3M | 3.3M | 5.7M | 56.7M | 97.0M | 32.6M | 43.4M | 34.8M | 13.8M | 7.2M | 4.3M |