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 | 1.1B | 1.1B | 1.2B | 1.1B | 845.0M | 927.0M | 1.2B | 741.0M | 378.0M | 262.0M | 240.0M | 194.0M | 165.0M | 134.0M |
| Revenue Growth % | -5.2% | -2.0% | 8.6% | 27.1% | -8.8% | -25.4% | 67.6% | 96.0% | 44.3% | 9.2% | 23.7% | 17.6% | 23.1% | -- |
| Total Revenue | 1.1B | 1.1B | 1.2B | 1.1B | 845.0M | 927.0M | 1.2B | 741.0M | 378.0M | 262.0M | 240.0M | 194.0M | 165.0M | 134.0M |
| Cost Of Revenue | 876.0M | 852.0M | 882.0M | 835.0M | 656.0M | 667.0M | 795.0M | 464.0M | 237.0M | 151.0M | 140.0M | 103.0M | 90.5M | 85.5M |
| Gross Profit | 208.0M | 291.0M | 284.0M | 239.0M | 189.0M | 260.0M | 447.0M | 277.0M | 141.0M | 111.0M | 100.0M | 91.0M | 74.5M | 48.5M |
| Gross Margin % | 19.2% | 25.5% | 24.4% | 22.3% | 22.4% | 28.0% | 36.0% | 37.4% | 37.3% | 42.4% | 41.7% | 46.9% | 45.2% | 36.2% |
| Total Operating Cost | 1.5B | 1.2B | 1.2B | 1.1B | 1.0B | 2.6B | 1.1B | 605.0M | 312.0M | 207.0M | 190.0M | 149.0M | 129.0M | 119.0M |
| Selling Expenses | 176.0M | 129.0M | 111.0M | 66.2M | 78.9M | 105.0M | 79.6M | 40.5M | 22.2M | 17.0M | 13.5M | 9.6M | 7.2M | 6.5M |
| Admin Expenses | 91.9M | 84.0M | 72.4M | 86.5M | 134.0M | 104.0M | 82.9M | 50.2M | 45.9M | 35.2M | 32.8M | 30.4M | 26.4M | 23.2M |
| Rd Expenses | 68.5M | 75.2M | 58.1M | 65.4M | 68.8M | 78.0M | 58.3M | 33.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 12.1M | 13.8M | 7.7M | 2.5M | 19.3M | 17.3M | 14.8M | 989,300 | -1.9M | -18,900 | -226,000 | 743,300 | 3.0M | 1.7M |
| Operating Income | -363.0M | 20.2M | 41.3M | 16.5M | 23.5M | -1.2B | 229.0M | 150.0M | 66.3M | 55.2M | 49.5M | 45.5M | 36.8M | 15.1M |
| Operating Margin % | -33.5% | 1.8% | 3.5% | 1.5% | 2.8% | -130.5% | 18.4% | 20.2% | 17.5% | 21.1% | 20.6% | 23.5% | 22.3% | 11.3% |
| Non Operating Income | 2.3M | 222,100 | 1.6M | 2.9M | 367,800 | 3.3M | 2.9M | 266,300 | 4.9M | 3.9M | 3.2M | 2.4M | 3.8M | 2.8M |
| Non Operating Expenses | 5.6M | 2.3M | 3.2M | 492,000 | 714,100 | 2.0M | 1.0M | 205,300 | 29,700 | 19,100 | 131,600 | 303,300 | 1.0M | 13,900 |
| Investment Income | -125,300 | 219,000 | -533,300 | -924,400 | 144.0M | 1.2M | 3.1M | 45,600 | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | 22.8M | -- | -- | -- | 380.0M | 80.7M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -152,500 | -193,900 | -78,200 | -2.1M | 34,100 | -303,100 | -121,600 | -485,300 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 174.0M | 1.9M | 5.6M | -8.5M | 14.0M | 1.6B | 91.5M | 8.1M | 5.2M | 943,200 | 2.8M | 2.5M | 396,000 | 1.3M |
| Other Income | 27.1M | 35.8M | 28.8M | 36.0M | 40.5M | 41.5M | 34.1M | 14.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -366.0M | 18.1M | 39.7M | 18.9M | 23.1M | -1.2B | 231.0M | 150.0M | 71.2M | 59.1M | 52.6M | 47.6M | 39.6M | 18.0M |
| Income Tax | -25.9M | -700,800 | -6.6M | -9.6M | -32.7M | -5.6M | 32.9M | 21.4M | 10.6M | 7.8M | 8.0M | 6.8M | 5.5M | 2.9M |
| Net Income | -340.0M | 18.8M | 46.3M | 28.5M | 55.8M | -1.2B | 198.0M | 129.0M | 60.6M | 51.3M | 44.5M | 40.8M | 34.0M | 15.1M |
| Net Margin % | -31.4% | 1.6% | 4.0% | 2.7% | 6.6% | -129.9% | 15.9% | 17.4% | 16.0% | 19.6% | 18.6% | 21.0% | 20.6% | 11.3% |
| Net Income Attributable | -333.0M | 25.5M | 48.5M | 31.6M | 56.2M | -1.2B | 196.0M | 126.0M | 56.4M | 50.0M | 45.3M | 40.9M | 34.1M | 15.3M |
| Minority Interest | -7.5M | -6.7M | -2.3M | -3.1M | -383,000 | 1.4M | 2.1M | 3.1M | 4.3M | 1.2M | -767,100 | -165,900 | -56,200 | -181,300 |
| Eps Basic | -0.40 | 0.03 | 0.06 | 0.04 | 0.06 | -1.36 | 0.22 | 0.29 | 0.34 | 0.38 | 0.70 | 0.66 | 0.63 | 0.29 |
| Eps Diluted | -0.40 | 0.03 | 0.06 | 0.04 | 0.06 | -1.36 | 0.22 | 0.29 | 0.34 | 0.38 | 0.70 | 0.66 | 0.63 | 0.29 |
| 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 | 253.0M | 387.0M | 262.0M | 287.0M | 542.0M | 388.0M | 609.0M | 502.0M | 270.0M | 128.0M | 76.3M | 83.4M | 42.5M | 25.5M |
| Trading Financial Assets | -- | 22.8M | -- | -- | -- | 15.0M | 80.7M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 710.0M | 855.0M | 771.0M | 681.0M | 468.0M | 691.0M | 824.0M | 630.0M | 218.0M | 151.0M | 138.0M | 91.4M | 68.7M | 75.3M |
| Notes Receivable | 61.0M | 83.4M | 154.0M | 2.6M | 1.1M | 6.4M | 119.0M | 20.9M | 13.1M | 14.0M | 4.0M | 97,900 | 23.2M | -- |
| Notes And Accounts Receivable | 771.0M | 938.0M | 925.0M | 684.0M | 469.0M | 698.0M | 943.0M | 651.0M | 231.0M | 165.0M | 142.0M | 91.5M | 91.9M | 75.3M |
| Prepayments | 52.9M | 342.0M | 41.6M | 32.0M | 16.1M | 21.5M | 19.5M | 15.8M | 9.7M | 7.1M | 3.6M | 6.0M | 5.1M | 5.7M |
| Inventory | 291.0M | 261.0M | 235.0M | 195.0M | 151.0M | 239.0M | 144.0M | 118.0M | 59.7M | 46.2M | 58.3M | 48.3M | 41.3M | 37.7M |
| Total Current Assets | 1.7B | 2.3B | 1.8B | 2.0B | 1.9B | 1.5B | 1.9B | 1.4B | 579.0M | 355.0M | 287.0M | 231.0M | 185.0M | 148.0M |
| Long Term Equity Investment | 250.0M | 212.0M | 400.0M | 148.0M | 17.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 379.0M | 408.0M | 434.0M | 470.0M | 1.0B | 857.0M | 325.0M | 106.0M | 110.0M | 90.0M | 65.8M | 68.5M | 47.4M |
| Fixed Assets Total | 399.0M | 379.0M | 408.0M | 434.0M | 470.0M | 1.0B | 857.0M | 325.0M | 106.0M | 110.0M | 90.0M | 65.8M | 68.5M | 47.4M |
| Construction In Progress | -- | 82.1M | 21.7M | 17.2M | 47.5M | 199.0M | 266.0M | 36.6M | 63.3M | -- | 19.4M | 17.7M | -- | 2.1M |
| Construction In Progress Total | 24.0M | 82.1M | 21.7M | 17.2M | 47.5M | 199.0M | 266.0M | 36.6M | 63.3M | -- | 19.4M | 17.7M | -- | 2.1M |
| Intangible Assets | 50.4M | 35.8M | 34.6M | 35.1M | 44.6M | 168.0M | 185.0M | 80.6M | 17.6M | 4.5M | 4.6M | 4.7M | 4.6M | 4.5M |
| Long Term Deferred Expenses | 2.5M | 5.0M | 1.9M | 1.4M | 9.5M | 9.9M | 8.8M | 19,700 | -- | 371,000 | 707,700 | -- | -- | -- |
| Total Non Current Assets | 1.7B | 1.5B | 1.7B | 1.4B | 1.3B | 2.4B | 3.5B | 1.6B | 228.0M | 117.0M | 116.0M | 89.4M | 73.9M | 54.7M |
| Total Assets | 3.3B | 3.8B | 3.5B | 3.4B | 3.2B | 3.9B | 5.4B | 3.0B | 807.0M | 472.0M | 403.0M | 321.0M | 259.0M | 203.0M |
| Short Term Borrowings | 351.0M | 303.0M | 244.0M | 176.0M | 148.0M | 236.0M | 238.0M | 185.0M | 20.0M | 13.0M | 15.0M | 10.0M | 49.0M | 31.0M |
| Accounts Payable | 274.0M | 295.0M | 233.0M | 255.0M | 140.0M | 249.0M | 240.0M | 221.0M | 83.8M | 61.8M | 66.6M | 38.9M | 23.9M | 31.7M |
| Advance Receipts | 80,800 | -- | -- | -- | -- | 2.3M | 2.6M | 3.8M | 4.0M | 27.0M | 1.9M | 7.5M | 4.2M | 5.7M |
| Contract Liabilities | 39.3M | 25.3M | 8.9M | 11.2M | 2.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 897.0M | 933.0M | 717.0M | 696.0M | 469.0M | 707.0M | 792.0M | 575.0M | 179.0M | 135.0M | 116.0M | 79.9M | 112.0M | 90.7M |
| Long Term Borrowings | 95.4M | 170.0M | 42.6M | 7.5M | 53.0M | 38.3M | 111.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 154.0M | 242.0M | 113.0M | 74.1M | 133.0M | 239.0M | 312.0M | 105.0M | 16.3M | 15.0M | 13.8M | 10.4M | 11.6M | 12.8M |
| Total Liabilities | 1.1B | 1.2B | 830.0M | 771.0M | 602.0M | 946.0M | 1.1B | 680.0M | 195.0M | 150.0M | 130.0M | 90.2M | 124.0M | 104.0M |
| Paid In Capital | 825.0M | 829.0M | 829.0M | 829.0M | 829.0M | 883.0M | 524.0M | 226.0M | 174.0M | 65.1M | 65.1M | 65.1M | 55.1M | 54.4M |
| Capital Reserve | 2.4B | 2.4B | 2.4B | 2.4B | 2.4B | 2.8B | 3.2B | 1.7B | 190.0M | 58.2M | 58.2M | 58.2M | 14.7M | 11.7M |
| Surplus Reserve | 36.3M | 36.3M | 36.3M | 36.3M | 36.3M | 36.3M | 36.3M | 29.9M | 25.1M | 20.4M | 15.7M | 11.0M | 6.9M | 3.4M |
| Retained Earnings | -914.0M | -581.0M | -607.0M | -655.0M | -686.0M | -743.0M | 494.0M | 320.0M | 210.0M | 169.0M | 128.0M | 91.6M | 58.1M | 29.5M |
| Minority Equity | 8.1M | 15.6M | 11.2M | -5.5M | -2.4M | 21.9M | 20.5M | 17.4M | 13.7M | 9.4M | 6.0M | 4.5M | 486,000 | 542,200 |
| Equity Attributable | 2.3B | 2.7B | 2.6B | 2.6B | 2.6B | 2.9B | 4.3B | 2.3B | 599.0M | 312.0M | 267.0M | 226.0M | 135.0M | 99.0M |
| Total Equity | 2.3B | 2.7B | 2.7B | 2.6B | 2.6B | 3.0B | 4.3B | 2.3B | 612.0M | 322.0M | 273.0M | 230.0M | 135.0M | 99.5M |
| 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 | 1.2B | 930.0M | 938.0M | 895.0M | 800.0M | 1.1B | 1.0B | 586.0M | 301.0M | 250.0M | 193.0M | 208.0M | 146.0M | 117.0M |
| Tax Refunds Received | 3.7M | 7.2M | 18.1M | 7.7M | 7.8M | 4.8M | 3.3M | 1.7M | -- | 674,300 | 99,300 | -- | -- | -- |
| Total Operating Cash Inflow | 1.8B | 1.2B | 1.1B | 1.0B | 895.0M | 1.2B | 1.2B | 695.0M | 324.0M | 270.0M | 205.0M | 217.0M | 152.0M | 133.0M |
| Cash Paid For Goods | 722.0M | 634.0M | 724.0M | 666.0M | 534.0M | 688.0M | 718.0M | 342.0M | 176.0M | 112.0M | 108.0M | 102.0M | 83.0M | 101.0M |
| Cash Paid To Employees | 160.0M | 144.0M | 137.0M | 128.0M | 130.0M | 138.0M | 120.0M | 57.1M | 33.0M | 25.1M | 20.1M | 11.3M | 9.6M | 6.8M |
| Taxes Paid | 49.8M | 58.6M | 43.5M | 42.4M | 34.0M | 72.8M | 77.3M | 59.6M | 35.3M | 28.3M | 24.5M | 26.9M | 17.2M | 10.1M |
| Total Operating Cash Outflow | 1.4B | 1.5B | 1.2B | 1.1B | 855.0M | 1.1B | 1.1B | 630.0M | 300.0M | 217.0M | 191.0M | 170.0M | 125.0M | 146.0M |
| Operating Cash Flow | 393.0M | -356.0M | -85.6M | -95.2M | 39.6M | 62.7M | 121.0M | 65.1M | 24.2M | 53.5M | 14.8M | 47.2M | 27.7M | -12.8M |
| Total Investing Cash Inflow | 4.8M | 331.0M | 461.0M | 212,300 | 323.0M | 504.0M | 815.0M | 94.2M | 3.0M | 3.0M | 4.8M | 132,000 | 330,000 | 5.9M |
| Total Investing Cash Outflow | 358.0M | 116.0M | 474.0M | 182.0M | 200.0M | 644.0M | 1.4B | 716.0M | 125.0M | 8.1M | 29.0M | 21.8M | 23.9M | 28.6M |
| Investing Cash Flow | -353.0M | 215.0M | -12.2M | -182.0M | 123.0M | -140.0M | -557.0M | -622.0M | -122.0M | -5.1M | -24.1M | -21.6M | -23.6M | -22.7M |
| Cash From Borrowings | 380.0M | 590.0M | 332.0M | 217.0M | 369.0M | 260.0M | 271.0M | 286.0M | 33.0M | 16.0M | 25.0M | 10.0M | 49.0M | 41.0M |
| Dividends And Interest Paid | 20.2M | 19.5M | 12.4M | 8.7M | 20.3M | 52.4M | 36.9M | 13.5M | 10.9M | 5.2M | 5.1M | 4.2M | 5.0M | 1.7M |
| Debt Repayments | 538.0M | 296.0M | 268.0M | 170.0M | 308.0M | 334.0M | 223.0M | 165.0M | 26.0M | 18.0M | 20.0M | 49.0M | 31.0M | 29.0M |
| Total Financing Cash Inflow | 380.0M | 601.0M | 344.0M | 217.0M | 421.0M | 338.0M | 1.1B | 831.0M | 281.0M | 18.2M | 27.2M | 68.0M | 52.9M | 57.0M |
| Total Financing Cash Outflow | 567.0M | 316.0M | 280.0M | 178.0M | 402.0M | 488.0M | 426.0M | 240.0M | 44.1M | 23.2M | 25.1M | 53.2M | 36.0M | 30.7M |
| Financing Cash Flow | -186.0M | 286.0M | 64.2M | 38.9M | 19.9M | -150.0M | 683.0M | 591.0M | 237.0M | -4.9M | 2.2M | 14.8M | 16.9M | 26.3M |
| Net Change In Cash | -146.0M | 144.0M | -33.6M | -238.0M | 182.0M | -227.0M | 247.0M | 34.1M | 139.0M | 43.4M | -7.2M | 40.3M | 21.0M | -9.2M |
| Ending Cash Balance | 216.0M | 362.0M | 217.0M | 251.0M | 489.0M | 306.0M | 534.0M | 287.0M | 252.0M | 113.0M | 69.7M | 76.8M | 36.5M | 15.5M |
| Capex | 260.0M | 73.5M | 98.6M | 39.1M | 109.0M | 135.0M | 362.0M | 75.4M | 125.0M | 8.1M | 29.0M | 21.4M | 23.9M | 28.6M |