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 | 1.3B | 1.7B | 1.5B | 1.1B | 1.1B | 1.1B | 819.0M | 606.0M | 431.0M | 414.0M | 384.0M | 420.0M | 377.0M | 336.0M |
| Revenue Growth % | -22.2% | 19.2% | 37.1% | -7.7% | 6.0% | 32.4% | 35.1% | 40.6% | 4.1% | 7.8% | -8.6% | 11.4% | 12.2% | -- |
| Total Revenue | 1.3B | 1.7B | 1.5B | 1.1B | 1.1B | 1.1B | 819.0M | 606.0M | 431.0M | 414.0M | 384.0M | 420.0M | 377.0M | 336.0M |
| Cost Of Revenue | 1.1B | 1.4B | 1.2B | 786.0M | 881.0M | 841.0M | 635.0M | 463.0M | 312.0M | 308.0M | 286.0M | 316.0M | 280.0M | 262.0M |
| Gross Profit | 204.0M | 307.0M | 286.0M | 275.0M | 268.0M | 243.0M | 184.0M | 143.0M | 119.0M | 106.0M | 98.0M | 104.0M | 97.0M | 74.0M |
| Gross Margin % | 15.1% | 17.7% | 19.7% | 25.9% | 23.3% | 22.4% | 22.5% | 23.6% | 27.6% | 25.6% | 25.5% | 24.8% | 25.7% | 22.0% |
| Total Operating Cost | 1.4B | 1.7B | 1.4B | 985.0M | 1.1B | 1.0B | 769.0M | 570.0M | 396.0M | 380.0M | 350.0M | 370.0M | 329.0M | 294.0M |
| Selling Expenses | 38.9M | 40.5M | 37.8M | 36.2M | 31.2M | 32.4M | 26.5M | 24.0M | 21.5M | 22.1M | 20.3M | 17.4M | 17.7M | 15.4M |
| Admin Expenses | 80.6M | 73.4M | 77.0M | 77.7M | 67.5M | 54.3M | 51.6M | 41.9M | 44.4M | 38.4M | 35.7M | 33.3M | 25.0M | 21.0M |
| Rd Expenses | 71.5M | 87.8M | 78.7M | 73.8M | 77.7M | 72.3M | 37.5M | 26.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 13.1M | 12.5M | 5.8M | 365,600 | 2.3M | 4.7M | 5.1M | -2.0M | 1.5M | 1.6M | 857,300 | -677,800 | -1.9M | -727,000 |
| Operating Income | -84.9M | 40.4M | 58.7M | 79.5M | 99.0M | 79.4M | 53.0M | 38.4M | 35.3M | 33.9M | 35.6M | 52.1M | 48.3M | 41.9M |
| Operating Margin % | -6.3% | 2.3% | 4.0% | 7.5% | 8.6% | 7.3% | 6.5% | 6.3% | 8.2% | 8.2% | 9.3% | 12.4% | 12.8% | 12.5% |
| Non Operating Income | 600.00 | 399,800 | 1.00 | 18.00 | 64,000 | 84,200 | 1.00 | 153,800 | 2.0M | 5.0M | 3.4M | 4.3M | 2.5M | 3.4M |
| Non Operating Expenses | 110,200 | 104,200 | 153,600 | 117,000 | 9,700 | -- | 34,800 | -- | 2,100 | 148,500 | 40,900 | 8,100 | 15,300 | 282,300 |
| Investment Income | 49,100 | -- | 48,700 | 31,000 | -370,700 | 2.6M | 1.1M | 0.00 | -- | -- | 809,600 | 2.2M | -- | -- |
| Fair Value Change Income | -- | -- | -- | 4,900 | 571,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 11.5M | -- | -100.00 | -19,700 | 11,700 | -16,900 | 31,200 | -30,200 | -4,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 92.8M | 23.3M | 9.1M | 738,800 | -302,800 | -- | 8.7M | 12.6M | 14.4M | 8.1M | 5.4M | 3.2M | 4.9M | -6.5M |
| Other Income | 3.0M | 2.3M | 6.6M | 3.6M | 6.3M | 5.2M | 1.7M | 2.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -85.0M | 40.7M | 58.5M | 79.4M | 99.1M | 79.5M | 53.0M | 38.6M | 37.3M | 38.8M | 38.9M | 56.4M | 50.8M | 45.0M |
| Income Tax | -2.3M | 3.4M | 3.6M | 5.9M | 8.9M | 7.6M | 4.3M | 2.4M | 2.9M | 3.6M | 3.8M | 6.7M | 5.7M | 5.3M |
| Net Income | -82.7M | 37.4M | 54.9M | 73.4M | 90.2M | 72.0M | 48.7M | 36.2M | 34.4M | 35.2M | 35.1M | 49.7M | 45.0M | 39.7M |
| Net Margin % | -6.1% | 2.2% | 3.8% | 6.9% | 7.9% | 6.6% | 5.9% | 6.0% | 8.0% | 8.5% | 9.1% | 11.8% | 11.9% | 11.8% |
| Net Income Attributable | -81.5M | 36.4M | 52.1M | 63.6M | 68.3M | 55.3M | 38.4M | 36.2M | 34.4M | 35.2M | 35.1M | 49.7M | 45.3M | 39.8M |
| Minority Interest | -1.3M | 1.0M | 2.8M | 9.9M | 21.9M | 16.7M | 10.3M | -1,200 | -2,200 | -500.00 | -10,800 | -22,900 | -221,100 | -136,100 |
| Eps Basic | -0.27 | 0.12 | 0.17 | 0.21 | 0.23 | 0.18 | 0.16 | 0.23 | 0.47 | 0.52 | 0.52 | 0.74 | 0.67 | 0.69 |
| Eps Diluted | -0.27 | 0.12 | 0.17 | 0.21 | 0.23 | 0.18 | 0.16 | 0.23 | 0.47 | 0.52 | 0.52 | 0.74 | 0.67 | 0.69 |
| 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 | 513.0M | 524.0M | 337.0M | 268.0M | 276.0M | 286.0M | 411.0M | 292.0M | 315.0M | 193.0M | 176.0M | 208.0M | 217.0M | 195.0M |
| Trading Financial Assets | 5.0M | -- | -- | 1.8M | 3.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 387.0M | 542.0M | 466.0M | 316.0M | 299.0M | 361.0M | 330.0M | 323.0M | 235.0M | 191.0M | 168.0M | 119.0M | 96.5M | 49.9M |
| Notes Receivable | 8.3M | 4.2M | 2.2M | -- | -- | 533,900 | 100,000 | 3.4M | -- | 7.7M | -- | -- | -- | 1.4M |
| Notes And Accounts Receivable | 396.0M | 546.0M | 469.0M | 316.0M | 299.0M | 362.0M | 330.0M | 326.0M | 235.0M | 198.0M | 168.0M | 119.0M | 96.5M | 51.3M |
| Prepayments | 5.9M | 13.4M | 14.4M | 8.9M | 15.2M | 5.6M | 35.3M | 8.3M | 13.7M | 9.7M | 6.0M | 888,300 | 233,600 | 42.0M |
| Inventory | 166.0M | 174.0M | 141.0M | 129.0M | 111.0M | 64.5M | 116.0M | 33.2M | 42.0M | 29.3M | 52.5M | 37.5M | 58.2M | 22.1M |
| Total Current Assets | 1.1B | 1.3B | 1.0B | 757.0M | 733.0M | 731.0M | 927.0M | 673.0M | 612.0M | 438.0M | 414.0M | 370.0M | 378.0M | 318.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | 32.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 111.0M | 113.0M | 68.8M | -- | 51.9M | 39.5M | 12.9M | 13.1M | 15.0M | 17.0M | 19.0M | 19.6M | 21.1M |
| Fixed Assets Total | 108.0M | 111.0M | 113.0M | 68.8M | 51.4M | 51.9M | 39.5M | 12.9M | 13.1M | 15.0M | 17.0M | 19.0M | 19.6M | 21.1M |
| Construction In Progress | -- | -- | -- | -- | -- | 17.4M | -- | 89.6M | 92.0M | 727,500 | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | 19.1M | 17.4M | -- | 89.6M | 92.0M | 727,500 | -- | -- | -- | -- |
| Intangible Assets | 1.1M | 1.2M | 259,200 | 927,000 | 4.0M | 6.9M | 7.0M | 2.4M | 1.4M | 2.3M | 2.0M | 373,400 | 715,700 | 57,000 |
| Long Term Deferred Expenses | 2.3M | 2.4M | 272,500 | 363,300 | 523,400 | 752,700 | 953,900 | 726,600 | 748,900 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 253.0M | 329.0M | 341.0M | 354.0M | 359.0M | 332.0M | 293.0M | 116.0M | 115.0M | 111.0M | 111.0M | 64.9M | 24.0M | 24.4M |
| Total Assets | 1.4B | 1.6B | 1.3B | 1.1B | 1.1B | 1.1B | 1.2B | 789.0M | 727.0M | 548.0M | 525.0M | 435.0M | 402.0M | 342.0M |
| Short Term Borrowings | 220.0M | 293.0M | 225.0M | 85.0M | -- | 27.2M | 207.0M | -- | 35.6M | 51.7M | 15.2M | -- | -- | -- |
| Accounts Payable | 339.0M | 333.0M | 211.0M | 140.0M | 153.0M | 126.0M | 110.0M | 104.0M | 54.6M | 53.2M | 92.5M | 79.0M | 83.2M | 37.8M |
| Advance Receipts | -- | 259,700 | 195,500 | 256,100 | 72,100 | 34.9M | 19.0M | 7.4M | 34.0M | 20.8M | 36.7M | 12.2M | 32.0M | 53.2M |
| Contract Liabilities | 107.0M | 92.9M | 67.7M | 83.7M | 94.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 805.0M | 973.0M | 663.0M | 410.0M | 367.0M | 320.0M | 483.0M | 194.0M | 163.0M | 176.0M | 180.0M | 117.0M | 127.0M | 101.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 30.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 3.8M | 676,300 | 48.7M | 99.1M | 6.5M | 63.6M | 79.2M | 671,200 | 988,100 | 1.3M | 2.8M | 1.2M | -- | -- |
| Total Liabilities | 808.0M | 973.0M | 712.0M | 509.0M | 373.0M | 384.0M | 562.0M | 194.0M | 164.0M | 177.0M | 183.0M | 119.0M | 127.0M | 101.0M |
| Paid In Capital | 299.0M | 299.0M | 300.0M | 300.0M | 300.0M | 232.0M | 155.0M | 91.2M | 90.2M | 67.6M | 67.6M | 67.6M | 67.6M | 67.6M |
| Capital Reserve | 5.2M | 5.2M | 19.8M | 13.6M | 12.0M | 79.1M | 162.0M | 225.0M | 199.0M | 64.3M | 64.3M | 64.3M | 64.3M | 64.5M |
| Surplus Reserve | 11.9M | 11.9M | 7.8M | 4.3M | 15.6M | 46.5M | 42.0M | 40.0M | 36.9M | 33.8M | 32.7M | 29.6M | 24.6M | 20.1M |
| Retained Earnings | 248.0M | 334.0M | 308.0M | 289.0M | 369.0M | 336.0M | 293.0M | 264.0M | 237.0M | 205.0M | 178.0M | 155.0M | 119.0M | 88.0M |
| Minority Equity | 6.4M | 7.7M | 7.2M | 9.8M | 40.9M | 23.9M | 20.4M | -11,800 | -10,600 | -8,300 | -7,800 | 3,000 | -14,100 | 800,600 |
| Equity Attributable | 564.0M | 650.0M | 628.0M | 592.0M | 678.0M | 656.0M | 637.0M | 595.0M | 563.0M | 371.0M | 342.0M | 317.0M | 275.0M | 240.0M |
| Total Equity | 570.0M | 657.0M | 635.0M | 602.0M | 719.0M | 680.0M | 658.0M | 595.0M | 563.0M | 371.0M | 342.0M | 317.0M | 275.0M | 241.0M |
| 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 | 1.7B | 1.8B | 1.4B | 1.1B | 1.3B | 1.2B | 847.0M | 549.0M | 421.0M | 395.0M | 387.0M | 416.0M | 341.0M | 412.0M |
| Tax Refunds Received | 844,300 | 5.7M | 1.7M | 1.9M | 1.4M | 139,900 | -- | 733,100 | 253,200 | 1.5M | -- | 3.9M | 303,200 | 2.0M |
| Total Operating Cash Inflow | 1.7B | 2.0B | 1.4B | 1.1B | 1.3B | 1.2B | 871.0M | 572.0M | 442.0M | 411.0M | 406.0M | 444.0M | 364.0M | 504.0M |
| Cash Paid For Goods | 942.0M | 908.0M | 812.0M | 558.0M | 732.0M | 795.0M | 512.0M | 318.0M | 240.0M | 224.0M | 216.0M | 239.0M | 191.0M | 286.0M |
| Cash Paid To Employees | 553.0M | 612.0M | 520.0M | 415.0M | 293.0M | 255.0M | 195.0M | 163.0M | 128.0M | 119.0M | 108.0M | 93.3M | 72.1M | 50.6M |
| Taxes Paid | 57.1M | 32.4M | 38.3M | 36.9M | 38.1M | 34.7M | 28.7M | 17.2M | 15.5M | 16.5M | 11.3M | 14.1M | 12.7M | 17.4M |
| Total Operating Cash Outflow | 1.6B | 1.8B | 1.4B | 1.1B | 1.2B | 1.2B | 847.0M | 573.0M | 452.0M | 428.0M | 397.0M | 403.0M | 327.0M | 413.0M |
| Operating Cash Flow | 105.0M | 197.0M | -27.5M | 59.5M | 171.0M | 83.7M | 23.9M | -491,600 | -10.0M | -16.6M | 9.2M | 40.3M | 37.1M | 91.2M |
| Total Investing Cash Inflow | 33.1M | -- | 5.8M | 3.1M | 19.2M | 8.0M | 78.1M | 1,310 | 800.00 | 11,200 | 233.0M | 574.0M | 37,000 | 11,800 |
| Total Investing Cash Outflow | 76.5M | 54.1M | 3.2M | 99.8M | 83.2M | 53.5M | 147.0M | 5.2M | 6.2M | 2.5M | 280.0M | 614.0M | 2.0M | 3.8M |
| Investing Cash Flow | -43.4M | -54.1M | 2.6M | -96.7M | -64.0M | -45.5M | -69.2M | -5.2M | -6.2M | -2.5M | -46.8M | -40.2M | -2.0M | -3.8M |
| Cash From Borrowings | 401.0M | 409.0M | 331.0M | 256.0M | 133.0M | 167.0M | 152.0M | -- | 86.5M | 85.9M | 35.2M | -- | -- | -- |
| Dividends And Interest Paid | 18.2M | 19.9M | 44.8M | 51.4M | 31.2M | 26.9M | 13.2M | 6.5M | 2.2M | 8.5M | 10.6M | 8.2M | 10.1M | 30.7M |
| Debt Repayments | 474.0M | 341.0M | 192.0M | 171.0M | 208.0M | 252.0M | -- | 35.6M | 103.0M | 49.5M | 20.0M | -- | -- | 15.0M |
| Total Financing Cash Inflow | 401.0M | 409.0M | 331.0M | 256.0M | 152.0M | 167.0M | 152.0M | 24.3M | 251.0M | 85.9M | 35.2M | 40,000 | -- | 79.8M |
| Total Financing Cash Outflow | 493.0M | 370.0M | 239.0M | 224.0M | 269.0M | 309.0M | 13.2M | 42.1M | 109.0M | 57.9M | 30.6M | 8.2M | 10.1M | 45.7M |
| Financing Cash Flow | -92.0M | 39.0M | 92.8M | 31.5M | -117.0M | -142.0M | 138.0M | -17.8M | 142.0M | 28.0M | 4.6M | -8.2M | -10.1M | 34.1M |
| Net Change In Cash | -30.5M | 182.0M | 68.1M | -5.8M | -10.5M | -104.0M | 93.1M | -23.5M | 126.0M | 8.9M | -33.1M | -8.0M | 25.0M | 122.0M |
| Ending Cash Balance | 479.0M | 510.0M | 328.0M | 259.0M | 265.0M | 276.0M | 379.0M | 286.0M | 310.0M | 183.0M | 174.0M | 208.0M | -- | -- |
| Capex | 2.1M | 5.7M | 1.7M | 5.3M | 3.6M | 15.5M | 24.3M | 4.2M | 6.2M | 2.5M | 47.6M | 42.4M | 1.2M | 3.8M |