Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 718.0M | 697.0M | 682.0M | 624.0M | 670.0M |
| Revenue Growth % | 3.0% | 2.2% | 9.3% | -6.9% | -- |
| Total Revenue | 718.0M | 697.0M | 682.0M | 624.0M | 670.0M |
| Cost Of Revenue | 547.0M | 523.0M | 505.0M | 461.0M | 441.0M |
| Gross Profit | 171.0M | 174.0M | 177.0M | 163.0M | 229.0M |
| Gross Margin % | 23.8% | 25.0% | 26.0% | 26.1% | 34.2% |
| Total Operating Cost | 715.0M | 685.0M | 660.0M | 595.0M | 568.0M |
| Selling Expenses | 23.4M | 20.8M | 16.8M | 14.8M | 27.0M |
| Admin Expenses | 67.9M | 58.2M | 58.8M | 55.3M | 35.3M |
| Rd Expenses | 58.6M | 58.5M | 62.2M | 55.0M | 59.0M |
| Finance Expenses | 3.8M | 3.9M | 3.8M | 1.2M | -360,100 |
| Operating Income | 15.3M | 21.3M | 20.5M | 30.2M | 99.8M |
| Operating Margin % | 2.1% | 3.0% | 3.0% | 4.8% | 14.9% |
| Non Operating Income | 549,000 | 283,800 | 886,000 | 251,000 | 109,100 |
| Non Operating Expenses | 964,600 | 157,500 | 228,700 | 1.7M | 942,900 |
| Investment Income | -2.3M | 69,100 | -- | 0.00 | 498,300 |
| Fair Value Change Income | 6.7M | -3.4M | -4.7M | -2.4M | -10.6M |
| Asset Disposal Income | -531,100 | -639,400 | -473,100 | -5,000 | 34,400 |
| Asset Impairment Loss | 8.1M | 15.8M | 6.1M | 381,000 | -- |
| Other Income | 7.7M | 12.8M | 4.5M | 4.6M | 7.4M |
| Income Before Tax | 14.9M | 21.4M | 21.2M | 28.8M | 99.0M |
| Income Tax | -2.0M | 3.4M | 3.7M | 223,900 | 5.8M |
| Net Income | 16.8M | 17.9M | 17.5M | 28.6M | 93.2M |
| Net Margin % | 2.3% | 2.6% | 2.6% | 4.6% | 13.9% |
| Net Income Attributable | 20.4M | 22.6M | 18.0M | 28.8M | 93.4M |
| Minority Interest | -3.6M | -4.7M | -513,200 | -239,700 | -204,500 |
| Eps Basic | 0.06 | 0.07 | 0.06 | 0.09 | 0.29 |
| Eps Diluted | 0.06 | 0.07 | 0.06 | 0.09 | 0.29 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 147.0M | 139.0M | 105.0M | 110.0M | 128.0M |
| Trading Financial Assets | -- | 11.0M | -- | -- | -- |
| Accounts Receivable | 102.0M | 104.0M | 91.4M | 85.5M | 78.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 102.0M | 104.0M | 91.4M | 85.5M | 78.0M |
| Prepayments | 15.4M | 5.2M | 4.9M | 6.9M | 7.7M |
| Inventory | 92.2M | 111.0M | 120.0M | 119.0M | 113.0M |
| Total Current Assets | 513.0M | 484.0M | 453.0M | 420.0M | 431.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | 307.0M | 451.0M | 422.0M | 423.0M | 227.0M |
| Fixed Assets Total | 307.0M | 451.0M | 422.0M | 423.0M | 227.0M |
| Construction In Progress | 53.2M | 37.1M | 56.6M | 27.3M | 117.0M |
| Construction In Progress Total | 53.2M | 37.1M | 56.6M | 27.3M | 117.0M |
| Intangible Assets | 30.0M | 47.3M | 51.8M | 55.0M | 54.1M |
| Long Term Deferred Expenses | 4.3M | 12.8M | 6.2M | 5.5M | 3.8M |
| Total Non Current Assets | 507.0M | 631.0M | 638.0M | 595.0M | 502.0M |
| Total Assets | 1.0B | 1.1B | 1.1B | 1.0B | 933.0M |
| Short Term Borrowings | 110.0M | 131.0M | 85.5M | 40.0M | 18.0M |
| Accounts Payable | 49.5M | 73.7M | 64.3M | 69.8M | 43.9M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 643,200 | 3.5M | 3.6M | 2.8M | 6.6M |
| Total Current Liabilities | 194.0M | 239.0M | 209.0M | 167.0M | 128.0M |
| Long Term Borrowings | 15.5M | 25.0M | 59.0M | 40.0M | -- |
| Total Non Current Liabilities | 30.3M | 44.6M | 66.2M | 45.6M | 7.6M |
| Total Liabilities | 224.0M | 283.0M | 276.0M | 212.0M | 136.0M |
| Paid In Capital | 322.0M | 322.0M | 322.0M | 270.0M | 270.0M |
| Capital Reserve | 14.8M | 29.4M | 33.7M | 109.0M | 101.0M |
| Surplus Reserve | 58.7M | 57.9M | 53.1M | 51.2M | 51.2M |
| Retained Earnings | 394.0M | 387.0M | 385.0M | 396.0M | 399.0M |
| Minority Equity | 6.8M | 35.5M | 21.2M | 716,700 | -- |
| Equity Attributable | 789.0M | 797.0M | 794.0M | 802.0M | 797.0M |
| Total Equity | 796.0M | 832.0M | 816.0M | 802.0M | 797.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 472.0M | 494.0M | 496.0M | 456.0M | 566.0M |
| Tax Refunds Received | 2.3M | 1.7M | 3.4M | 15.4M | 4.9M |
| Total Operating Cash Inflow | 481.0M | 515.0M | 506.0M | 476.0M | 580.0M |
| Cash Paid For Goods | 300.0M | 246.0M | 257.0M | 293.0M | 288.0M |
| Cash Paid To Employees | 99.3M | 92.5M | 86.3M | 76.6M | 62.5M |
| Taxes Paid | 34.5M | 35.0M | 48.1M | 24.4M | 38.6M |
| Total Operating Cash Outflow | 469.0M | 406.0M | 423.0M | 417.0M | 420.0M |
| Operating Cash Flow | 11.4M | 109.0M | 83.1M | 58.1M | 159.0M |
| Total Investing Cash Inflow | 93.8M | 1.4M | 269,600 | 1.2M | 520,000 |
| Total Investing Cash Outflow | 108.0M | 78.7M | 125.0M | 105.0M | 199.0M |
| Investing Cash Flow | -14.3M | -77.3M | -125.0M | -104.0M | -198.0M |
| Cash From Borrowings | 297.0M | 191.0M | 130.0M | 80.0M | 18.0M |
| Dividends And Interest Paid | 17.4M | 20.5M | 31.1M | 34.4M | 46.0M |
| Debt Repayments | 290.0M | 181.0M | 60.0M | 18.0M | 22.0M |
| Total Financing Cash Inflow | 320.0M | 202.0M | 141.0M | 80.0M | 33.5M |
| Total Financing Cash Outflow | 308.0M | 201.0M | 105.0M | 52.9M | 69.5M |
| Financing Cash Flow | 11.6M | 1.2M | 36.1M | 27.1M | -36.0M |
| Net Change In Cash | 8.7M | 33.0M | -5.4M | -18.2M | -74.6M |
| Ending Cash Balance | 147.0M | 138.0M | 105.0M | 110.0M | 128.0M |
| Capex | 80.1M | 67.7M | 95.9M | 96.3M | 199.0M |