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 | 654.0M | 1.1B | 630.0M | 944.0M | 559.0M | 2.1B | 1.6B | 1.5B | 1.5B | 1.4B | 864.0M | 752.0M | 658.0M | 344.0M |
| Revenue Growth % | -40.5% | 74.6% | -33.3% | 68.9% | -73.6% | 33.6% | 5.0% | -1.8% | 7.0% | 66.3% | 14.9% | 14.3% | 91.3% | -- |
| Total Revenue | 654.0M | 1.1B | 630.0M | 944.0M | 559.0M | 2.1B | 1.6B | 1.5B | 1.5B | 1.4B | 864.0M | 752.0M | 658.0M | 344.0M |
| Cost Of Revenue | 634.0M | 932.0M | 728.0M | 804.0M | 604.0M | 1.2B | 933.0M | 828.0M | 879.0M | 831.0M | 438.0M | 378.0M | 370.0M | 165.0M |
| Gross Profit | 20.0M | 168.0M | -98.0M | 140.0M | -45.0M | 884.0M | 653.0M | 682.0M | 659.0M | 606.0M | 426.0M | 374.0M | 288.0M | 179.0M |
| Gross Margin % | 3.1% | 15.3% | -15.6% | 14.8% | -8.1% | 41.7% | 41.2% | 45.2% | 42.8% | 42.2% | 49.3% | 49.7% | 43.8% | 52.0% |
| Total Operating Cost | 890.0M | 1.2B | 999.0M | 1.1B | 906.0M | 2.0B | 1.6B | 1.8B | 1.5B | 1.3B | 807.0M | 644.0M | 568.0M | 270.0M |
| Selling Expenses | 5.0M | 3.6M | 17.9M | 68.6M | 96.5M | 630.0M | 466.0M | 446.0M | 384.0M | 315.0M | 219.0M | 153.0M | 104.0M | 40.2M |
| Admin Expenses | 135.0M | 135.0M | 127.0M | 130.0M | 115.0M | 134.0M | 124.0M | 112.0M | 109.0M | 96.0M | 91.2M | 76.5M | 67.9M | 39.6M |
| Finance Expenses | 35.3M | 46.5M | 51.8M | 50.3M | -2.0M | -991,100 | -4.2M | -7.6M | -3.1M | 839,700 | 4.4M | -824,900 | -6.2M | 10.2M |
| Operating Income | -194.0M | -26.5M | -339.0M | -136.0M | -318.0M | 127.0M | 76.8M | -218.0M | 82.6M | 104.0M | 62.3M | 113.0M | 97.1M | 81.2M |
| Operating Margin % | -29.7% | -2.4% | -53.8% | -14.4% | -56.9% | 6.0% | 4.8% | -14.4% | 5.4% | 7.2% | 7.2% | 15.0% | 14.8% | 23.6% |
| Non Operating Income | 9.4M | 287,700 | 1.7M | 1.4M | 1.1M | 2.4M | 2.8M | 5.6M | 40.2M | 19.3M | 27.5M | 14.7M | 7.4M | 3.2M |
| Non Operating Expenses | 2.8M | 230,200 | 217,600 | 676,700 | 19.6M | 77,300 | 332,200 | 1.3M | 291,400 | 839,700 | 1.8M | 9.8M | 322,500 | 285,100 |
| Investment Income | 2.4M | 9.5M | 356,400 | 6.4M | -1.2M | 14.3M | 8.9M | 13.7M | 3.9M | 7.0M | 5.5M | 4.1M | 6.3M | 6.5M |
| Fair Value Change Income | 59,200 | 48,000 | -67,600 | -12,100 | -110,900 | 214,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 27.3M | 6.6M | 5.1M | 56,600 | 38,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.0M | 9.4M | 32.5M | 37.9M | 71.4M | 10.4M | -6.6M | 347.0M | 51.5M | 60.4M | 31.8M | 15.1M | 3.5M | 107,700 |
| Other Income | 13.0M | 12.3M | 24.8M | 36.6M | 29.7M | 36.2M | 37.1M | 25.9M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -187.0M | -26.5M | -338.0M | -135.0M | -337.0M | 130.0M | 79.3M | -214.0M | 123.0M | 122.0M | 88.0M | 117.0M | 104.0M | 84.2M |
| Income Tax | 6.6M | -5.6M | 3.0M | -614,200 | -3.4M | 362,200 | 1.8M | 3.1M | 4.9M | 7.8M | 4.0M | 3.2M | 1.6M | 2.8M |
| Net Income | -194.0M | -20.8M | -341.0M | -135.0M | -333.0M | 129.0M | 77.5M | -217.0M | 118.0M | 114.0M | 83.9M | 114.0M | 103.0M | 81.4M |
| Net Margin % | -29.7% | -1.9% | -54.1% | -14.3% | -59.6% | 6.1% | 4.9% | -14.4% | 7.7% | 7.9% | 9.7% | 15.2% | 15.7% | 23.7% |
| Net Income Attributable | -192.0M | -22.0M | -335.0M | -131.0M | -326.0M | 130.0M | 77.2M | -218.0M | 112.0M | 107.0M | 82.1M | 114.0M | 103.0M | 81.6M |
| Minority Interest | -1.2M | 1.2M | -5.6M | -3.9M | -7.6M | -1.2M | 285,800 | 765,900 | 5.1M | 7.2M | 1.8M | -206,600 | -877,400 | -269,500 |
| Eps Basic | -0.52 | -0.06 | -0.90 | -0.35 | -0.87 | 0.35 | 0.21 | -0.58 | 0.35 | 0.46 | 0.35 | 0.49 | 0.44 | 0.48 |
| Eps Diluted | -0.52 | -0.06 | -0.90 | -0.35 | -0.87 | 0.35 | 0.21 | -0.58 | 0.35 | 0.46 | 0.35 | 0.49 | 0.44 | 0.48 |
| 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 | 329.0M | 440.0M | 277.0M | 401.0M | 564.0M | 447.0M | 335.0M | 714.0M | 984.0M | 346.0M | 225.0M | 133.0M | 283.0M | 491.0M |
| Trading Financial Assets | -- | -- | -- | 80.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 106.0M | 165.0M | 184.0M | 223.0M | 378.0M | 405.0M | -- | 283.0M | 331.0M | 379.0M | 334.0M | 433.0M | 249.0M | 71.2M |
| Notes Receivable | 1.1M | 1.0M | 10.1M | 5.7M | 21.1M | 10.1M | -- | 1.2M | 1.0M | 2.5M | 1.9M | -- | -- | -- |
| Notes And Accounts Receivable | 107.0M | 166.0M | 194.0M | 229.0M | 399.0M | 415.0M | 173.0M | 285.0M | 332.0M | 381.0M | 336.0M | 433.0M | 249.0M | 71.2M |
| Prepayments | 49.3M | 52.6M | 96.2M | 115.0M | 116.0M | 265.0M | 444.0M | 253.0M | 174.0M | 199.0M | 167.0M | 206.0M | 108.0M | 52.1M |
| Inventory | 247.0M | 185.0M | 299.0M | 345.0M | 462.0M | 451.0M | 317.0M | 95.8M | 158.0M | 266.0M | 381.0M | 344.0M | 217.0M | 154.0M |
| Total Current Assets | 833.0M | 965.0M | 1.0B | 1.3B | 1.7B | 1.7B | 1.4B | 1.4B | 1.7B | 1.2B | 1.2B | 1.1B | 887.0M | 801.0M |
| Long Term Equity Investment | 56.4M | 56.8M | 48.7M | 50.3M | 48.2M | 60.6M | 54.4M | 48.9M | 27.0M | 29.3M | 27.1M | 26.3M | 26.5M | 24.7M |
| Fixed Assets | -- | 214.0M | 265.0M | 297.0M | -- | -- | 356.0M | -- | 356.0M | 303.0M | 219.0M | 159.0M | 123.0M | 89.1M |
| Fixed Assets Total | 166.0M | 214.0M | 265.0M | 297.0M | 337.0M | 353.0M | 356.0M | 350.0M | 356.0M | 303.0M | 219.0M | 159.0M | 123.0M | 89.1M |
| Construction In Progress | -- | 2.8M | 8.0M | 18.6M | 7.3M | 15.9M | 55.8M | 53.1M | 52.6M | 58.4M | 48.8M | 40.8M | 40.2M | 25.2M |
| Construction In Progress Total | 1.6M | 2.8M | 8.0M | 18.6M | 7.3M | 15.9M | 55.8M | 53.1M | 52.6M | 58.4M | 48.8M | 40.8M | 40.2M | 25.2M |
| Intangible Assets | 258,400 | 568,700 | 709,300 | 1.3M | 8.1M | 26.6M | 28.6M | 31.0M | 33.8M | 959,600 | 714,100 | 715,000 | 524,300 | 263,900 |
| Long Term Deferred Expenses | 73.5M | 118.0M | 157.0M | 179.0M | 164.0M | 167.0M | 174.0M | 175.0M | 204.0M | 167.0M | 126.0M | 103.0M | 83.7M | 58.6M |
| Total Non Current Assets | 1.3B | 1.6B | 1.8B | 1.8B | 627.0M | 693.0M | 719.0M | 706.0M | 701.0M | 592.0M | 455.0M | 360.0M | 298.0M | 223.0M |
| Total Assets | 2.1B | 2.5B | 2.8B | 3.1B | 2.3B | 2.4B | 2.1B | 2.1B | 2.4B | 1.8B | 1.6B | 1.5B | 1.2B | 1.0B |
| Short Term Borrowings | -- | -- | -- | -- | -- | 35.0M | -- | -- | -- | -- | 80.0M | 100.0M | -- | -- |
| Accounts Payable | 143.0M | 166.0M | 189.0M | 305.0M | 344.0M | 205.0M | 161.0M | 156.0M | 162.0M | 179.0M | 103.0M | 83.6M | 91.8M | 51.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 151.0M | 131.0M | 148.0M | 135.0M | 110.0M | 78.7M | 65.5M | 29.8M | 51.6M |
| Contract Liabilities | 181.0M | 177.0M | 204.0M | 171.0M | 173.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 582.0M | 607.0M | 648.0M | 725.0M | 779.0M | 589.0M | 422.0M | 502.0M | 501.0M | 484.0M | 420.0M | 389.0M | 198.0M | 140.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 20.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.0B | 1.2B | 1.4B | 1.3B | 75.9M | 41.7M | 11.9M | 10.4M | 9.4M | 28.9M | 3.0M | 2.9M | -- | -- |
| Total Liabilities | 1.6B | 1.8B | 2.0B | 2.0B | 855.0M | 631.0M | 434.0M | 513.0M | 510.0M | 513.0M | 423.0M | 392.0M | 198.0M | 140.0M |
| Paid In Capital | 373.0M | 373.0M | 373.0M | 373.0M | 373.0M | 373.0M | 373.0M | 373.0M | 311.0M | 233.0M | 233.0M | 233.0M | 233.0M | 233.0M |
| Capital Reserve | 860.0M | 860.0M | 860.0M | 860.0M | 860.0M | 860.0M | 860.0M | 860.0M | 922.0M | 554.0M | 554.0M | 554.0M | 554.0M | 554.0M |
| Surplus Reserve | 37.9M | 37.9M | 37.9M | 37.9M | 37.9M | 37.9M | 37.9M | 37.9M | 35.6M | 32.6M | 28.8M | 26.6M | 15.5M | 7.9M |
| Retained Earnings | -738.0M | -545.0M | -523.0M | -188.0M | 170.0M | 496.0M | 366.0M | 326.0M | 577.0M | 467.0M | 364.0M | 284.0M | 181.0M | 86.3M |
| Minority Equity | -591,100 | 6.1M | 4.9M | 10.0M | 14.2M | 22.7M | 21.7M | 18.5M | 20.7M | 17.4M | 14.7M | 5.1M | 4.7M | 3.8M |
| Equity Attributable | 532.0M | 725.0M | 747.0M | 1.1B | 1.4B | 1.8B | 1.6B | 1.6B | 1.8B | 1.3B | 1.2B | 1.1B | 983.0M | 881.0M |
| Total Equity | 532.0M | 731.0M | 752.0M | 1.1B | 1.5B | 1.8B | 1.7B | 1.6B | 1.9B | 1.3B | 1.2B | 1.1B | 987.0M | 884.0M |
| 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 | 1.2B | 1.7B | 1.0B | 1.6B | 906.0M | 2.0B | 1.8B | 1.6B | 1.7B | 1.4B | 1.0B | 625.0M | 447.0M | 327.0M |
| Tax Refunds Received | 2.8M | 7.7M | 48.6M | 2.1M | 3.4M | 399,000 | 1,800 | 218,500 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.2B | 1.8B | 1.2B | 1.8B | 1.0B | 2.1B | 1.9B | 1.7B | 1.8B | 1.5B | 1.1B | 712.0M | 490.0M | 356.0M |
| Cash Paid For Goods | 902.0M | 1.2B | 873.0M | 1.0B | 513.0M | 1.3B | 1.4B | 915.0M | 830.0M | 753.0M | 440.0M | 617.0M | 462.0M | 278.0M |
| Cash Paid To Employees | 165.0M | 166.0M | 155.0M | 168.0M | 130.0M | 166.0M | 161.0M | 155.0M | 142.0M | 113.0M | 84.3M | 65.1M | 48.5M | 30.1M |
| Taxes Paid | 46.4M | 37.0M | 36.7M | 38.6M | 20.9M | 68.6M | 77.4M | 87.6M | 74.7M | 54.8M | 85.4M | 52.3M | 21.6M | 17.7M |
| Total Operating Cash Outflow | 1.2B | 1.4B | 1.1B | 1.5B | 805.0M | 1.9B | 2.0B | 1.8B | 1.3B | 1.1B | 803.0M | 856.0M | 624.0M | 378.0M |
| Operating Cash Flow | 82.9M | 366.0M | 16.1M | 220.0M | 240.0M | 239.0M | -178.0M | -102.0M | 464.0M | 384.0M | 265.0M | -144.0M | -134.0M | -21.6M |
| Total Investing Cash Inflow | 28.2M | 84.5M | 175.0M | 176.0M | 15.3M | 10.2M | 151.0M | 1.2B | 6.3M | 5.5M | 5.8M | 18.7M | 21.2M | 20.9M |
| Total Investing Cash Outflow | 94.2M | 141.0M | 225.0M | 457.0M | 109.0M | 167.0M | 305.0M | 1.4B | 257.0M | 202.0M | 158.0M | 121.0M | 95.1M | 162.0M |
| Investing Cash Flow | -66.0M | -56.3M | -50.1M | -281.0M | -93.7M | -157.0M | -154.0M | -138.0M | -251.0M | -196.0M | -152.0M | -102.0M | -73.9M | -141.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- | 65.0M | -- | -- | -- | 20.0M | 130.0M | 100.0M | -- | 210.0M |
| Dividends And Interest Paid | -- | -- | -- | 300,000 | 1.9M | 10.2M | 39.1M | 33.7M | 3.0M | 3.2M | 5.3M | 932,400 | -- | 13.3M |
| Debt Repayments | -- | -- | -- | -- | 35.0M | 30.0M | 12.1M | -- | 20.0M | 80.0M | 150.0M | -- | -- | 306.0M |
| Total Financing Cash Inflow | -- | -- | 480,000 | 3.5M | -- | 69.9M | 4.8M | -- | 446.0M | 20.0M | 136.0M | 100.0M | 1.8M | 820.0M |
| Total Financing Cash Outflow | 127.0M | 140.0M | 91.8M | 107.0M | 36.9M | 41.2M | 51.3M | 33.7M | 23.0M | 85.6M | 158.0M | 4.1M | 1.5M | 321.0M |
| Financing Cash Flow | -127.0M | -140.0M | -91.3M | -103.0M | -36.9M | 28.7M | -46.5M | -33.7M | 423.0M | -65.6M | -21.8M | 95.9M | 280,000 | 500.0M |
| Net Change In Cash | -110.0M | 170.0M | -125.0M | -164.0M | 109.0M | 111.0M | -378.0M | -273.0M | 637.0M | 121.0M | 91.4M | -150.0M | -207.0M | 337.0M |
| Ending Cash Balance | 324.0M | 434.0M | 263.0M | 388.0M | 553.0M | 443.0M | 332.0M | 710.0M | 983.0M | 346.0M | 225.0M | 133.0M | 283.0M | 491.0M |
| Capex | 36.2M | 84.8M | 101.0M | 160.0M | 109.0M | 123.0M | 148.0M | 130.0M | 257.0M | 202.0M | 157.0M | 116.0M | 93.4M | 108.0M |