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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 683.0M | 1.0B | 1.1B | 917.0M | 619.0M | 354.0M | 369.0M | 505.0M | 467.0M | 391.0M | 267.0M | 267.0M | 301.0M |
| Revenue Growth % | -34.9% | -5.3% | 20.8% | 48.1% | 74.9% | -4.1% | -26.9% | 8.1% | 19.4% | 46.4% | 0.0% | -11.3% | -- |
| Total Revenue | 683.0M | 1.0B | 1.1B | 917.0M | 619.0M | 354.0M | 369.0M | 505.0M | 467.0M | 391.0M | 267.0M | 267.0M | 301.0M |
| Cost Of Revenue | 541.0M | 871.0M | 879.0M | 731.0M | 484.0M | 211.0M | 221.0M | 271.0M | 255.0M | 205.0M | 132.0M | 137.0M | 161.0M |
| Gross Profit | 142.0M | 178.0M | 229.0M | 186.0M | 135.0M | 143.0M | 148.0M | 234.0M | 212.0M | 186.0M | 135.0M | 130.0M | 140.0M |
| Gross Margin % | 20.8% | 17.0% | 20.7% | 20.3% | 21.8% | 40.4% | 40.1% | 46.3% | 45.4% | 47.6% | 50.6% | 48.7% | 46.5% |
| Total Operating Cost | 711.0M | 1.1B | 1.0B | 897.0M | 639.0M | 332.0M | 343.0M | 406.0M | 387.0M | 327.0M | 251.0M | 248.0M | 290.0M |
| Selling Expenses | 91.0M | 93.2M | 79.7M | 69.5M | 78.0M | 66.9M | 77.9M | 76.4M | 92.7M | 99.2M | 81.2M | 86.4M | 93.1M |
| Admin Expenses | 50.7M | 44.2M | 54.0M | 44.8M | 37.7M | 22.3M | 25.8M | 32.8M | 37.0M | 21.3M | 35.5M | 21.3M | 23.1M |
| Rd Expenses | 5.5M | 4.5M | 11.2M | 24.2M | 23.4M | 25.6M | 14.7M | 18.8M | -- | -- | -- | -- | -- |
| Finance Expenses | 3.9M | 6.9M | 5.0M | 2.0M | -1.7M | -1.7M | -178,000 | -931,100 | -308,900 | -130,900 | -86,300 | 10,200 | 44,700 |
| Operating Income | -29.9M | -74.1M | 64.8M | 20.1M | -18.3M | 14.7M | 31.1M | 101.0M | 82.1M | 64.6M | 17.3M | 18.8M | 11.2M |
| Operating Margin % | -4.4% | -7.1% | 5.8% | 2.2% | -3.0% | 4.2% | 8.4% | 20.0% | 17.6% | 16.5% | 6.5% | 7.0% | 3.7% |
| Non Operating Income | 20,600 | 60,000 | 58,900 | 200.00 | 84,000 | -- | 200.00 | -- | 1.3M | 2.9M | 208,700 | 2.6M | 1.5M |
| Non Operating Expenses | 978,400 | 728,200 | 1.4M | 641,100 | 1.5M | 400.00 | 70,300 | 37,500 | 62,900 | 3,000 | 72,300 | 367,100 | 130,000 |
| Investment Income | -3.8M | -5.1M | -6.5M | -8.7M | -7.7M | -8.6M | -893,500 | 2.3M | 1.9M | 1.1M | 1.3M | -182,700 | -101,800 |
| Fair Value Change Income | 49,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2,500 | 389,900 | 93,300 | -106,100 | 15,000 | -26,300 | 78,300 | 49.00 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.2M | 76.6M | 1.6M | 12.3M | 8.3M | -- | 1.1M | 5.8M | 709,500 | -532,500 | 843,900 | 366,000 | 1.0M |
| Other Income | 1.4M | 8.5M | 10.1M | 8.2M | 9.5M | 1.5M | 5.4M | 186,600 | -- | -- | -- | -- | -- |
| Income Before Tax | -30.9M | -74.8M | 63.4M | 19.4M | -19.7M | 14.7M | 31.0M | 101.0M | 83.2M | 67.5M | 17.4M | 21.0M | 12.6M |
| Income Tax | 5.2M | 5.4M | 12.3M | 11.7M | 7.3M | 8.2M | 9.4M | 19.1M | 24.1M | 14.6M | 6.1M | 6.4M | 4.5M |
| Net Income | -36.0M | -80.1M | 51.1M | 7.7M | -27.0M | 6.5M | 21.5M | 81.9M | 59.2M | 53.0M | 11.3M | 14.6M | 8.1M |
| Net Margin % | -5.3% | -7.6% | 4.6% | 0.8% | -4.4% | 1.8% | 5.8% | 16.2% | 12.7% | 13.5% | 4.3% | 5.5% | 2.7% |
| Net Income Attributable | -35.1M | -78.5M | 53.5M | 9.8M | -28.8M | 10.3M | 21.1M | 75.0M | 58.7M | 53.6M | 8.1M | 12.5M | 8.3M |
| Minority Interest | -946,900 | -1.6M | -2.4M | -2.1M | 1.8M | -3.8M | 480,800 | 7.0M | 484,900 | -592,100 | 3.2M | 2.1M | -270,800 |
| Eps Basic | -0.20 | -0.49 | 0.34 | 0.06 | -0.18 | 0.07 | 0.13 | 0.48 | 0.72 | 0.99 | 0.16 | 0.28 | 0.19 |
| Eps Diluted | -0.20 | -0.49 | 0.34 | 0.06 | -0.18 | 0.07 | 0.13 | 0.48 | 0.72 | 0.99 | 0.16 | 0.28 | 0.19 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 121.0M | 61.1M | 56.1M | 70.5M | 176.0M | 131.0M | 211.0M | 259.0M | 106.0M | 74.3M | 19.9M | 55.2M | 52.0M |
| Trading Financial Assets | 40.0M | -- | -- | -- | -- | 400,000 | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 351.0M | 394.0M | 445.0M | 299.0M | 282.0M | 193.0M | 141.0M | 254.0M | 154.0M | 106.0M | 40.8M | 80.6M | 90.0M |
| Notes Receivable | 5.5M | -- | -- | -- | 30.8M | 18.2M | 17.0M | 35.2M | 11.2M | 6.6M | 5.9M | -- | 220,000 |
| Notes And Accounts Receivable | 357.0M | 394.0M | 445.0M | 299.0M | 313.0M | 212.0M | 158.0M | 289.0M | 165.0M | 112.0M | 46.7M | 80.6M | 90.2M |
| Prepayments | 490,400 | 1.7M | 1.0M | 1.5M | 2.3M | 4.6M | 118,200 | 126,600 | 3.1M | 2.4M | 88,300 | 267,600 | 46,600 |
| Inventory | 74.1M | 72.2M | 78.0M | 69.5M | 57.8M | 15.6M | 14.6M | 7.5M | 15.5M | 25.3M | 25.5M | 19.3M | -- |
| Total Current Assets | 620.0M | 571.0M | 621.0M | 496.0M | 570.0M | 406.0M | 400.0M | 576.0M | 296.0M | 221.0M | 163.0M | 163.0M | 154.0M |
| Long Term Equity Investment | 18.6M | 26.7M | 90.0M | 95.2M | 114.0M | 49.2M | 36.6M | 7.5M | 5.2M | 4.1M | 2.5M | -- | 1.1M |
| Fixed Assets | -- | 3.2M | 1.1M | 1.8M | 5.7M | 5.1M | 7.0M | 8.9M | 7.3M | 4.9M | 4.4M | 4.4M | 5.6M |
| Fixed Assets Total | 2.2M | 3.2M | 1.1M | 1.8M | 5.7M | 5.1M | 7.0M | 8.9M | 7.3M | 4.9M | 4.4M | 4.4M | 5.6M |
| Intangible Assets | 6.3M | 15.2M | 24.7M | 34.1M | 42.1M | 38.2M | 1.4M | 2.1M | 3.1M | 4.3M | 5.2M | 6.1M | 4.0M |
| Long Term Deferred Expenses | 12.3M | 16.1M | 23.9M | 292,100 | 1.1M | 1.1M | 814,500 | 869,900 | 1.9M | 2.9M | 3.2M | 1.2M | 1.1M |
| Total Non Current Assets | 113.0M | 156.0M | 268.0M | 306.0M | 284.0M | 205.0M | 100.0M | 42.5M | 21.7M | 21.0M | 19.1M | 15.2M | 14.3M |
| Total Assets | 734.0M | 727.0M | 888.0M | 801.0M | 854.0M | 610.0M | 501.0M | 619.0M | 318.0M | 242.0M | 182.0M | 178.0M | 168.0M |
| Short Term Borrowings | 30.5M | 92.6M | 93.6M | 40.3M | -- | -- | -- | -- | 10.0M | 10.0M | -- | 6.0M | 14.2M |
| Accounts Payable | 112.0M | 169.0M | 170.0M | 129.0M | 194.0M | 95.3M | 41.7M | 87.5M | 75.5M | 41.1M | 39.3M | 46.1M | 31.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.4M | 12.0M | 1.8M | 1.7M | 9.5M | 12.9M | 3.4M | 5.3M |
| Contract Liabilities | 28.7M | 35.6M | 30.8M | 59.3M | 48.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 236.0M | 458.0M | 517.0M | 459.0M | 554.0M | 147.0M | 81.4M | 126.0M | 126.0M | 98.4M | 87.9M | 85.5M | 90.6M |
| Total Non Current Liabilities | 28.1M | 35.9M | 41.7M | 49.8M | 15.1M | 7.4M | -- | 60.00 | 500.00 | 1,700 | 4,000 | 4,700 | 2,000 |
| Total Liabilities | 265.0M | 494.0M | 558.0M | 509.0M | 569.0M | 155.0M | 81.4M | 126.0M | 126.0M | 98.4M | 87.9M | 85.5M | 90.6M |
| Paid In Capital | 180.0M | 159.0M | 159.0M | 159.0M | 162.0M | 162.0M | 162.0M | 108.0M | 54.0M | 54.0M | 54.0M | 45.0M | 45.0M |
| Capital Reserve | 314.0M | 44.4M | 44.4M | 44.4M | 90.3M | 200.0M | 200.0M | 254.0M | 21.3M | 21.3M | 21.4M | -- | 24,000 |
| Surplus Reserve | 32.8M | 32.8M | 30.5M | 28.7M | 28.7M | 28.7M | 25.8M | 22.7M | 17.3M | 8.8M | 4.3M | 2.8M | 1.7M |
| Retained Earnings | 10.5M | 47.3M | 127.0M | 75.0M | 65.2M | 65.3M | 57.9M | 94.0M | 96.3M | 57.0M | 7.9M | 42.4M | 30.5M |
| Minority Equity | -10.2M | -10.2M | -8.4M | -4.9M | -3.3M | 42.6M | 9.8M | 13.9M | 2.5M | 2.2M | 6.2M | 2.5M | 219,200 |
| Equity Attributable | 480.0M | 243.0M | 339.0M | 298.0M | 289.0M | 413.0M | 409.0M | 479.0M | 189.0M | 141.0M | 87.6M | 90.2M | 77.2M |
| Total Equity | 469.0M | 233.0M | 330.0M | 293.0M | 285.0M | 456.0M | 419.0M | 493.0M | 192.0M | 143.0M | 93.9M | 92.8M | 77.4M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 754.0M | 1.1B | 987.0M | 881.0M | 692.0M | 385.0M | 533.0M | 445.0M | 461.0M | 367.0M | 322.0M | 281.0M | 315.0M |
| Tax Refunds Received | -- | -- | 1.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 798.0M | 1.2B | 1.0B | 890.0M | 703.0M | 407.0M | 591.0M | 480.0M | 494.0M | 401.0M | 332.0M | 291.0M | 324.0M |
| Cash Paid For Goods | 627.0M | 915.0M | 886.0M | 814.0M | 456.0M | 200.0M | 272.0M | 293.0M | 204.0M | 215.0M | 142.0M | 131.0M | 179.0M |
| Cash Paid To Employees | 95.0M | 109.0M | 90.9M | 99.6M | 98.6M | 87.2M | 89.4M | 97.5M | 87.1M | 81.2M | 74.0M | 82.7M | 83.3M |
| Taxes Paid | 24.3M | 22.4M | 30.6M | 20.0M | 21.1M | 17.8M | 31.4M | 35.4M | 42.2M | 28.5M | 15.5M | 18.6M | 19.2M |
| Total Operating Cash Outflow | 854.0M | 1.1B | 1.0B | 968.0M | 620.0M | 367.0M | 477.0M | 510.0M | 443.0M | 400.0M | 270.0M | 266.0M | 324.0M |
| Operating Cash Flow | -55.7M | 49.4M | -14.4M | -78.4M | 82.4M | 39.8M | 114.0M | -29.8M | 51.0M | 1.3M | 62.0M | 25.1M | 2,800 |
| Total Investing Cash Inflow | 53.0M | 23.6M | 3.1M | 479,900 | 24.7M | 25.8M | 80,000 | 140,000 | 255,000 | 244.0M | 497.0M | 369,700 | 9,800 |
| Total Investing Cash Outflow | 91.3M | 12.2M | 1.8M | 20.5M | 56.4M | 146.0M | 71.8M | 21.8M | 7.1M | 186.0M | 566.0M | 14.3M | 2.7M |
| Investing Cash Flow | -38.3M | 11.4M | 1.3M | -20.0M | -31.7M | -120.0M | -71.8M | -21.7M | -6.8M | 57.7M | -69.8M | -14.0M | -2.7M |
| Cash From Borrowings | 34.5M | 137.0M | 115.0M | 50.0M | -- | -- | 50.0M | -- | 10.0M | 10.0M | -- | 6.0M | 14.2M |
| Dividends And Interest Paid | 2.9M | 4.3M | 3.4M | 225,100 | -- | 1.8M | 60.0M | 37.9M | 12.6M | 12.6M | 39.0M | 281,900 | 14.4M |
| Debt Repayments | 102.0M | 138.0M | 61.3M | 10.0M | -- | 0.00 | 50.0M | 10.0M | 10.0M | -- | 6.0M | 14.2M | -- |
| Total Financing Cash Inflow | 324.0M | 137.0M | 115.0M | 63.2M | 2.9M | 10.2M | 56.9M | 265.0M | 10.2M | 11.7M | 17.5M | 6.5M | 14.2M |
| Total Financing Cash Outflow | 166.0M | 198.0M | 116.0M | 70.5M | 7.5M | 10.8M | 150.0M | 60.3M | 22.8M | 16.3M | 45.0M | 14.5M | 14.4M |
| Financing Cash Flow | 158.0M | -60.8M | -1.6M | -7.3M | -4.6M | -602,800 | -93.2M | 204.0M | -12.5M | -4.6M | -27.5M | -8.0M | -168,300 |
| Net Change In Cash | 64.5M | 188,100 | -14.3M | -106.0M | 45.4M | -80.1M | -48.1M | 153.0M | 32.0M | 54.4M | -35.3M | 3.2M | -2.8M |
| Ending Cash Balance | 121.0M | 56.3M | 56.1M | 70.5M | 176.0M | 131.0M | 211.0M | 259.0M | 106.0M | 74.3M | 19.9M | 55.2M | 52.0M |
| Capex | 27,900 | 5.5M | 1.3M | 253,900 | 8.3M | 2.2M | 1,800 | 4.3M | 5.1M | 4.0M | 4.6M | 2.3M | 1.5M |