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 | 930.0M | 909.0M | 873.0M | 945.0M | 1.7B | 3.4B | 692.0M | 629.0M | 636.0M | 512.0M | 317.0M | 306.0M | 281.0M | 257.0M |
| Revenue Growth % | 2.3% | 4.1% | -7.6% | -43.2% | -50.4% | 384.2% | 10.0% | -1.1% | 24.2% | 61.5% | 3.6% | 8.9% | 9.3% | -- |
| Total Revenue | 930.0M | 909.0M | 873.0M | 945.0M | 1.7B | 3.4B | 692.0M | 629.0M | 636.0M | 512.0M | 317.0M | 306.0M | 281.0M | 257.0M |
| Cost Of Revenue | 659.0M | 603.0M | 453.0M | 490.0M | 645.0M | 1.8B | 452.0M | 386.0M | 388.0M | 309.0M | 190.0M | 168.0M | 149.0M | 138.0M |
| Gross Profit | 271.0M | 306.0M | 420.0M | 455.0M | 1.0B | 1.5B | 240.0M | 243.0M | 248.0M | 203.0M | 127.0M | 138.0M | 132.0M | 119.0M |
| Gross Margin % | 29.1% | 33.7% | 48.1% | 48.1% | 61.2% | 45.8% | 34.7% | 38.6% | 39.0% | 39.6% | 40.1% | 45.1% | 47.0% | 46.3% |
| Total Operating Cost | 1.4B | 1.4B | 985.0M | 976.0M | 1.1B | 2.4B | 724.0M | 614.0M | 587.0M | 468.0M | 312.0M | 275.0M | 235.0M | 215.0M |
| Selling Expenses | 222.0M | 191.0M | 159.0M | 145.0M | 172.0M | 190.0M | 103.0M | 88.7M | 81.8M | 70.6M | 52.3M | 42.6M | 36.8M | 34.1M |
| Admin Expenses | 99.6M | 91.0M | 83.1M | 87.6M | 112.0M | 122.0M | 57.8M | 42.2M | 91.4M | 65.4M | 53.4M | 46.5M | 38.9M | 33.1M |
| Rd Expenses | 300.0M | 336.0M | 248.0M | 235.0M | 154.0M | 146.0M | 85.7M | 76.5M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 5.6M | -2.5M | -5.9M | -3.9M | -1.6M | 6.3M | 4.9M | -2.1M | 4.6M | 7.4M | 7.0M | 6.6M | 3.0M | 2.8M |
| Operating Income | -386.0M | -395.0M | -49.8M | 27.3M | 690.0M | 1.0B | -2.1M | 38.2M | 48.8M | 43.9M | 7.6M | 49.6M | 45.7M | 42.0M |
| Operating Margin % | -41.5% | -43.5% | -5.7% | 2.9% | 41.5% | 30.1% | -0.3% | 6.1% | 7.7% | 8.6% | 2.4% | 16.2% | 16.3% | 16.3% |
| Non Operating Income | 514,300 | 1.6M | 361,600 | 792,400 | 177,000 | 1.2M | 156,000 | 1.2M | 33.2M | 30.4M | 10.9M | 19.9M | 10.7M | 7.5M |
| Non Operating Expenses | 2.8M | 5.0M | 3.9M | 4.2M | 325,400 | 330,100 | 210,700 | 273,400 | 382,900 | 200,000 | 1.6M | 119,100 | 731,300 | 274,900 |
| Investment Income | 22.9M | 22.3M | 14.6M | 17.2M | 11.4M | 2.8M | -2.3M | 691,800 | -- | -- | 2.7M | 18.7M | 86,400 | 86,400 |
| Asset Disposal Income | 447,800 | 67,400 | -33,000 | 185,500 | 77,300 | 5,900 | -85,000 | 7,300 | 13,400 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 58.9M | 73.7M | -- | 3.4M | 12.6M | 35.6M | 13.2M | 17.8M | 15.7M | 9.7M | 6.0M | 6.8M | 4.2M | 2.9M |
| Other Income | 30.0M | 35.6M | 48.0M | 40.6M | 153.0M | 45.8M | 32.1M | 23.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -389.0M | -399.0M | -53.3M | 23.8M | 690.0M | 1.0B | -2.1M | 39.1M | 81.7M | 74.1M | 17.0M | 69.4M | 55.7M | 49.2M |
| Income Tax | -3.3M | -14.8M | -21.2M | -16.7M | 88.5M | 136.0M | -8.3M | 1.2M | 12.3M | 10.2M | 2.7M | 10.2M | 8.5M | 6.8M |
| Net Income | -385.0M | -384.0M | -32.1M | 40.5M | 602.0M | 871.0M | 6.2M | 37.9M | 69.3M | 63.9M | 14.3M | 59.2M | 47.3M | 42.4M |
| Net Margin % | -41.4% | -42.2% | -3.7% | 4.3% | 36.2% | 26.0% | 0.9% | 6.0% | 10.9% | 12.5% | 4.5% | 19.3% | 16.8% | 16.5% |
| Net Income Attributable | -386.0M | -386.0M | -29.0M | 42.6M | 603.0M | 872.0M | 6.6M | 37.9M | 69.3M | 63.9M | 14.3M | 59.2M | 47.3M | 42.4M |
| Minority Interest | 798,200 | 1.6M | -3.2M | -2.1M | -1.3M | -367,200 | -387,600 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -1.81 | -1.81 | -0.14 | 0.22 | 3.12 | 4.54 | 0.06 | 0.35 | 0.82 | 0.80 | 0.18 | 0.74 | 0.59 | 0.55 |
| Eps Diluted | -1.81 | -1.81 | -0.14 | 0.22 | 3.12 | 4.54 | 0.06 | 0.35 | 0.82 | 0.80 | 0.18 | 0.74 | 0.59 | 0.55 |
| 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 | 371.0M | 207.0M | 800.0M | 1.1B | 672.0M | 562.0M | 213.0M | 199.0M | 325.0M | 165.0M | 115.0M | 107.0M | 94.4M | 100.0M |
| Trading Financial Assets | -- | 330.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 945.0M | 1.1B | 1.0B | 971.0M | 1.2B | 1.3B | 543.0M | 470.0M | 360.0M | 283.0M | 249.0M | 239.0M | 181.0M | 129.0M |
| Notes Receivable | 42.6M | 16.7M | 13.8M | 2.8M | 2.7M | 265,000 | 338,300 | 207,100 | 3.3M | 8.5M | 2.7M | 5.6M | 2.0M | 2.4M |
| Notes And Accounts Receivable | 988.0M | 1.1B | 1.1B | 974.0M | 1.2B | 1.3B | 544.0M | 470.0M | 364.0M | 292.0M | 252.0M | 245.0M | 183.0M | 131.0M |
| Prepayments | 37.2M | 41.4M | 60.0M | 40.7M | 21.9M | 34.6M | 24.9M | 9.2M | 15.4M | 3.6M | 4.5M | 3.9M | 32.4M | 16.5M |
| Inventory | 374.0M | 398.0M | 419.0M | 336.0M | 412.0M | 697.0M | 196.0M | 134.0M | 168.0M | 138.0M | 97.2M | 65.5M | 46.3M | 69.4M |
| Total Current Assets | 1.8B | 2.1B | 2.4B | 2.6B | 2.5B | 2.7B | 1.0B | 891.0M | 970.0M | 619.0M | 488.0M | 433.0M | 362.0M | 321.0M |
| Long Term Equity Investment | 114.0M | 125.0M | 105.0M | 38.7M | 39.8M | 42.5M | 75.3M | 21.7M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 333.0M | 309.0M | 247.0M | 126.0M | 131.0M | 125.0M | 120.0M | 96.5M | 89.1M | 94.0M | 30.3M | 17.6M | 16.5M |
| Fixed Assets Total | 317.0M | 333.0M | 309.0M | 247.0M | 126.0M | 131.0M | 125.0M | 120.0M | 96.5M | 89.1M | 94.0M | 30.3M | 17.6M | 16.5M |
| Construction In Progress | -- | -- | -- | -- | 66.5M | 858,100 | -- | -- | 371,800 | -- | -- | 58.9M | 21.0M | 1.7M |
| Construction In Progress Total | -- | -- | -- | -- | 66.5M | 858,100 | -- | -- | 371,800 | -- | -- | 58.9M | 21.0M | 1.7M |
| Intangible Assets | 101.0M | 84.7M | 34.8M | 34.3M | 25.4M | 20.9M | 18.8M | 15.2M | 15.7M | 15.2M | 15.6M | 15.9M | 16.3M | 16.6M |
| Long Term Deferred Expenses | 887,000 | 1.6M | 2.8M | 2.1M | 2.4M | 3.7M | 4.9M | 3.5M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.1B | 1.1B | 1.0B | 758.0M | 349.0M | 278.0M | 250.0M | 226.0M | 121.0M | 111.0M | 114.0M | 111.0M | 70.7M | 52.4M |
| Total Assets | 2.9B | 3.3B | 3.4B | 3.3B | 2.8B | 3.0B | 1.3B | 1.1B | 1.1B | 730.0M | 602.0M | 544.0M | 432.0M | 373.0M |
| Short Term Borrowings | 112.0M | 45.0M | -- | -- | -- | -- | 74.9M | 89.0M | 30.0M | 43.1M | 69.9M | 70.0M | 55.0M | 30.0M |
| Accounts Payable | 412.0M | 399.0M | 350.0M | 283.0M | 257.0M | 452.0M | 237.0M | 155.0M | 155.0M | 161.0M | 107.0M | 92.0M | 62.3M | 59.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 503.0M | 35.2M | 24.6M | 65.4M | 44.7M | 30.1M | 7.0M | 4.4M | 32.6M |
| Contract Liabilities | 83.5M | 72.7M | 64.9M | 58.0M | 177.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 915.0M | 814.0M | 652.0M | 539.0M | 669.0M | 1.4B | 442.0M | 355.0M | 343.0M | 328.0M | 265.0M | 219.0M | 161.0M | 146.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 46.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 92.2M | 132.0M | 71.6M | 53.8M | 5.0M | 2.7M | 48.0M | 4.0M | 4.9M | 5.4M | 5.7M | 5.9M | 1.9M | 2.5M |
| Total Liabilities | 1.0B | 945.0M | 724.0M | 592.0M | 674.0M | 1.4B | 490.0M | 359.0M | 347.0M | 334.0M | 270.0M | 225.0M | 163.0M | 149.0M |
| Paid In Capital | 213.0M | 213.0M | 213.0M | 213.0M | 198.0M | 110.0M | 108.0M | 108.0M | 107.0M | 80.0M | 80.0M | 80.0M | 80.0M | 80.0M |
| Capital Reserve | 737.0M | 745.0M | 742.0M | 737.0M | 353.0M | 413.0M | 361.0M | 368.0M | 344.0M | 92.1M | 92.1M | 92.1M | 92.1M | 105.0M |
| Surplus Reserve | 121.0M | 121.0M | 121.0M | 121.0M | 121.0M | 121.0M | 35.1M | 34.7M | 31.2M | 23.3M | 16.6M | 14.8M | 8.9M | 4.2M |
| Retained Earnings | 592.0M | 978.0M | 1.4B | 1.4B | 1.5B | 1.1B | 268.0M | 270.0M | 262.0M | 200.0M | 143.0M | 131.0M | 77.3M | 34.8M |
| Minority Equity | 12.6M | 11.8M | 10.1M | 8.4M | 2.8M | 4.1M | 3.5M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 2.3B | 2.7B | 2.7B | 2.1B | 1.6B | 758.0M | 757.0M | 744.0M | 396.0M | 332.0M | 319.0M | 269.0M | 224.0M |
| Total Equity | 1.9B | 2.3B | 2.7B | 2.7B | 2.1B | 1.6B | 761.0M | 757.0M | 744.0M | 396.0M | 332.0M | 319.0M | 269.0M | 224.0M |
| 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 | 1.1B | 957.0M | 881.0M | 1.2B | 1.5B | 3.1B | 708.0M | 543.0M | 654.0M | 549.0M | 368.0M | 284.0M | 230.0M | 214.0M |
| Tax Refunds Received | 17.6M | 20.2M | 36.0M | 32.9M | 140.0M | 37.6M | 22.8M | 21.8M | 30.0M | 32.7M | 8.8M | 17.3M | 7.1M | 4.7M |
| Total Operating Cash Inflow | 1.1B | 1.0B | 1.0B | 1.2B | 1.8B | 3.3B | 778.0M | 591.0M | 708.0M | 604.0M | 392.0M | 325.0M | 249.0M | 237.0M |
| Cash Paid For Goods | 668.0M | 627.0M | 431.0M | 417.0M | 512.0M | 2.1B | 459.0M | 368.0M | 423.0M | 312.0M | 207.0M | 175.0M | 117.0M | 128.0M |
| Cash Paid To Employees | 450.0M | 431.0M | 417.0M | 339.0M | 289.0M | 215.0M | 136.0M | 125.0M | 101.0M | 78.1M | 67.9M | 58.3M | 44.5M | 29.9M |
| Taxes Paid | 47.2M | 47.1M | 61.7M | 84.3M | 355.0M | 226.0M | 46.7M | 48.5M | 74.6M | 49.7M | 40.1M | 34.2M | 37.7M | 21.0M |
| Total Operating Cash Outflow | 1.3B | 1.3B | 1.1B | 1.0B | 1.4B | 2.8B | 802.0M | 669.0M | 720.0M | 518.0M | 372.0M | 313.0M | 250.0M | 218.0M |
| Operating Cash Flow | -209.0M | -262.0M | -74.1M | 230.0M | 400.0M | 471.0M | -24.7M | -77.5M | -12.1M | 86.2M | 19.7M | 12.6M | -747,600 | 18.4M |
| Total Investing Cash Inflow | 600.0M | 318.0M | 1.5B | 1.8B | 1.4B | 42,400 | 241.0M | 702.0M | 51,100 | 500.00 | 2.7M | 19.4M | 87,600 | 100,400 |
| Total Investing Cash Outflow | 267.0M | 673.0M | 1.7B | 1.9B | 1.5B | 70.4M | 212.0M | 790.0M | 103.0M | 3.2M | 7.6M | 23.8M | 37.2M | 26.4M |
| Investing Cash Flow | 333.0M | -356.0M | -205.0M | -49.1M | -69.5M | -70.4M | 28.9M | -87.6M | -103.0M | -3.2M | -4.9M | -4.4M | -37.1M | -26.3M |
| Cash From Borrowings | 185.0M | 45.0M | -- | -- | 100.0M | 133.0M | 171.0M | 89.0M | 126.0M | 173.0M | 135.0M | 90.0M | 55.0M | 60.0M |
| Dividends And Interest Paid | 5.1M | 452,800 | 8.5M | 121.0M | 178.0M | 8.2M | 13.5M | 28.4M | 4.3M | 6.3M | 6.2M | 4.7M | 1.8M | 2.0M |
| Debt Repayments | 118.0M | -- | -- | 0.00 | 100.0M | 254.0M | 139.0M | 30.0M | 139.0M | 200.0M | 135.0M | 75.0M | 30.0M | 60.0M |
| Total Financing Cash Inflow | 185.0M | 45.0M | 4.9M | 402.0M | 100.0M | 178.0M | 175.0M | 112.0M | 418.0M | 173.0M | 135.0M | 95.7M | 55.0M | 148.0M |
| Total Financing Cash Outflow | 153.0M | 28.2M | 41.1M | 139.0M | 279.0M | 269.0M | 162.0M | 58.4M | 154.0M | 209.0M | 144.0M | 82.3M | 35.9M | 101.0M |
| Financing Cash Flow | 32.1M | 16.9M | -36.2M | 263.0M | -179.0M | -90.3M | 12.9M | 54.1M | 264.0M | -35.8M | -8.9M | 13.4M | 19.1M | 47.4M |
| Net Change In Cash | 156.0M | -601.0M | -316.0M | 444.0M | 152.0M | 310.0M | 17.0M | -111.0M | 149.0M | 47.3M | 5.9M | 21.6M | -18.7M | 39.5M |
| Ending Cash Balance | 348.0M | 193.0M | 793.0M | 1.1B | 665.0M | 513.0M | 203.0M | 186.0M | 297.0M | 148.0M | 101.0M | 95.3M | 73.7M | 99.4M |
| Capex | 17.3M | 23.2M | 141.0M | 60.3M | 78.4M | 21.0M | 26.4M | 39.0M | 23.0M | 3.2M | 7.6M | 23.8M | 37.2M | 26.4M |