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 | 752.0M | 666.0M | 669.0M | 983.0M | 729.0M | 753.0M | 850.0M | 834.0M | 688.0M | 676.0M | 799.0M | 755.0M | 657.0M |
| Revenue Growth % | 12.9% | -0.4% | -31.9% | 34.8% | -3.2% | -11.4% | 1.9% | 21.2% | 1.8% | -15.4% | 5.8% | 14.9% | -- |
| Total Revenue | 752.0M | 666.0M | 669.0M | 983.0M | 729.0M | 753.0M | 850.0M | 834.0M | 688.0M | 676.0M | 799.0M | 755.0M | 657.0M |
| Cost Of Revenue | 620.0M | 553.0M | 559.0M | 785.0M | 602.0M | 620.0M | 693.0M | 657.0M | 544.0M | 549.0M | 645.0M | 607.0M | 540.0M |
| Gross Profit | 132.0M | 113.0M | 110.0M | 198.0M | 127.0M | 133.0M | 157.0M | 177.0M | 144.0M | 127.0M | 154.0M | 148.0M | 117.0M |
| Gross Margin % | 17.6% | 17.0% | 16.4% | 20.1% | 17.4% | 17.7% | 18.5% | 21.2% | 20.9% | 18.8% | 19.3% | 19.6% | 17.8% |
| Total Operating Cost | 716.0M | 758.0M | 653.0M | 940.0M | 721.0M | 731.0M | 804.0M | 770.0M | 649.0M | 658.0M | 768.0M | 717.0M | 633.0M |
| Selling Expenses | 14.4M | 14.5M | 14.2M | 17.8M | 15.4M | 15.8M | 13.5M | 16.3M | 13.5M | 17.0M | 24.8M | 21.2M | 14.8M |
| Admin Expenses | 36.2M | 36.9M | 37.8M | 48.7M | 36.9M | 39.5M | 34.7M | 31.5M | 59.1M | 61.3M | 59.3M | 53.2M | 46.1M |
| Rd Expenses | 32.2M | 30.2M | 26.7M | 49.8M | 30.8M | 27.4M | 32.9M | 32.7M | -- | -- | -- | -- | -- |
| Finance Expenses | 5.8M | 9.1M | 9.4M | 23.8M | 16.2M | 17.4M | 14.6M | 19.9M | 20.2M | 23.1M | 28.2M | 26.4M | 18.5M |
| Operating Income | -2.9M | -90.6M | 23.1M | 50.7M | 16.0M | 26.0M | 51.2M | 68.0M | 38.7M | 18.3M | 30.8M | 38.6M | 24.8M |
| Operating Margin % | -0.4% | -13.6% | 3.5% | 5.2% | 2.2% | 3.5% | 6.0% | 8.2% | 5.6% | 2.7% | 3.8% | 5.1% | 3.8% |
| Non Operating Income | 159,000 | 269,200 | 2.8M | 987,200 | 4,000 | 300.00 | 116,500 | 6.0M | 7.7M | 9.2M | 5.5M | 5.0M | 2.7M |
| Non Operating Expenses | 37,100 | 357,300 | 2.8M | 7.1M | 642,900 | 219,200 | 209,000 | 2.4M | 84,500 | 152,500 | 3.1M | 6.7M | 718,700 |
| Investment Income | -44.7M | -13.4M | 2.7M | 7.5M | -1.7M | -213,700 | 1.9M | 306,100 | -- | 154,500 | -- | -- | -18,400 |
| Fair Value Change Income | -- | 484,600 | -247,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.3M | 7.4M | -349,100 | -3.6M | 4.1M | -212,600 | -20,100 | 380,300 | 81,800 | -- | -- | -- | -- |
| Asset Impairment Loss | 1.7M | 102.0M | 2.1M | 6.6M | 4.0M | 3.0M | 7.3M | 4.7M | 5.0M | 3.0M | 5.6M | 5.1M | 9.4M |
| Other Income | 7.6M | 6.7M | 5.3M | 3.9M | 5.1M | 3.7M | 4.0M | 3.3M | -- | -- | -- | -- | -- |
| Income Before Tax | -2.7M | -90.7M | 23.0M | 44.6M | 15.4M | 25.8M | 51.1M | 71.6M | 46.3M | 27.4M | 33.2M | 36.9M | 26.8M |
| Income Tax | 533,400 | 186,700 | -1.8M | 2.8M | 3.7M | 1.6M | 7.0M | 14.7M | 6.8M | 4.8M | 4.8M | 6.5M | 4.4M |
| Net Income | -3.3M | -90.9M | 24.8M | 41.8M | 11.7M | 24.2M | 44.1M | 56.9M | 39.5M | 22.6M | 28.4M | 30.5M | 22.4M |
| Net Margin % | -0.4% | -13.6% | 3.7% | 4.3% | 1.6% | 3.2% | 5.2% | 6.8% | 5.7% | 3.3% | 3.6% | 4.0% | 3.4% |
| Net Income Attributable | -3.3M | -90.9M | 24.8M | 41.8M | 11.7M | 24.2M | 44.1M | 56.9M | 39.5M | 22.6M | 23.1M | 23.3M | 18.0M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.3M | 7.2M | 4.3M |
| Eps Basic | -0.02 | -0.50 | 0.14 | 0.23 | 0.07 | 0.13 | 0.24 | 0.61 | 0.53 | 0.30 | 0.31 | 0.31 | 0.24 |
| Eps Diluted | -0.02 | -0.55 | 0.14 | 0.23 | 0.07 | 0.13 | 0.24 | 0.61 | 0.53 | 0.30 | 0.31 | 0.31 | 0.24 |
| 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 | 68.3M | 45.6M | 38.7M | 155.0M | 82.8M | 107.0M | 104.0M | 106.0M | 60.9M | 38.3M | 31.8M | 110.0M | 78.0M |
| Trading Financial Assets | -- | -- | 394,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 171.0M | 170.0M | 168.0M | 204.0M | 203.0M | 190.0M | 216.0M | 204.0M | 200.0M | 155.0M | 178.0M | 179.0M | 130.0M |
| Notes Receivable | 54.2M | 57.9M | 51.6M | 79.1M | 71.3M | 44.2M | 58.7M | 30.6M | 20.5M | 34.1M | 27.7M | 19.8M | 21.9M |
| Notes And Accounts Receivable | 225.0M | 228.0M | 219.0M | 283.0M | 275.0M | 234.0M | 275.0M | 234.0M | 220.0M | 189.0M | 206.0M | 199.0M | 152.0M |
| Prepayments | 498,600 | 6.8M | 1.5M | 3.4M | 3.1M | 5.8M | 5.6M | 6.3M | 5.4M | 2.0M | 2.6M | 4.7M | 19.5M |
| Inventory | 196.0M | 160.0M | 176.0M | 199.0M | 201.0M | 172.0M | 205.0M | 198.0M | 171.0M | 178.0M | 204.0M | 214.0M | 170.0M |
| Total Current Assets | 602.0M | 487.0M | 498.0M | 682.0M | 582.0M | 538.0M | 621.0M | 604.0M | 472.0M | 419.0M | 450.0M | 528.0M | 420.0M |
| Long Term Equity Investment | 148.0M | 192.0M | 303.0M | 300.0M | 97.3M | 99.0M | 59.9M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 177.0M | 240.0M | 192.0M | 214.0M | 235.0M | 252.0M | 261.0M | 239.0M | 230.0M | 229.0M | 203.0M | 113.0M |
| Fixed Assets Total | 170.0M | 177.0M | 240.0M | 192.0M | 214.0M | 235.0M | 252.0M | 261.0M | 239.0M | 230.0M | 229.0M | 203.0M | 113.0M |
| Construction In Progress | -- | 1.9M | 5.1M | 50.6M | 50.3M | 42.5M | 22.4M | 4.2M | 43.2M | 13.8M | 15.1M | 22.9M | 40.1M |
| Construction In Progress Total | 1.6M | 1.9M | 5.1M | 50.6M | 50.3M | 42.5M | 22.4M | 4.2M | 43.2M | 13.8M | 15.1M | 22.9M | 40.1M |
| Intangible Assets | 15.8M | 16.6M | 25.9M | 26.1M | 26.9M | 57.8M | 58.6M | 28.2M | 28.9M | 29.6M | 30.3M | 31.0M | 31.6M |
| Long Term Deferred Expenses | -- | -- | -- | -- | 292,300 | 850,000 | 1.4M | -- | -- | -- | -- | 2.1M | -- |
| Total Non Current Assets | 371.0M | 471.0M | 618.0M | 590.0M | 412.0M | 461.0M | 421.0M | 316.0M | 327.0M | 325.0M | 306.0M | 273.0M | 204.0M |
| Total Assets | 973.0M | 958.0M | 1.1B | 1.3B | 993.0M | 998.0M | 1.0B | 919.0M | 799.0M | 744.0M | 756.0M | 801.0M | 624.0M |
| Short Term Borrowings | 182.0M | 160.0M | 254.0M | 320.0M | 239.0M | 310.0M | 374.0M | 260.0M | 294.0M | 311.0M | 311.0M | 345.0M | 279.0M |
| Accounts Payable | 39.1M | 48.4M | 48.1M | 63.1M | 62.9M | 57.6M | 58.5M | 58.6M | 53.9M | 62.7M | 72.7M | 105.0M | 46.1M |
| Advance Receipts | -- | -- | 150,000 | -- | -- | 2.8M | 1.2M | 750,200 | 1.3M | 921,100 | 1.4M | 2.0M | 3.0M |
| Contract Liabilities | 2.9M | 3.9M | 6.0M | 5.4M | 3.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 448.0M | 375.0M | 397.0M | 540.0M | 425.0M | 403.0M | 468.0M | 412.0M | 490.0M | 466.0M | 487.0M | 546.0M | 429.0M |
| Long Term Borrowings | -- | 50.0M | 50.0M | -- | -- | -- | -- | -- | -- | -- | 13.0M | 28.0M | -- |
| Total Non Current Liabilities | 9.1M | 60.7M | 107.0M | 139.0M | 16.7M | 52.3M | 54.6M | 22.1M | 35.3M | 43.9M | 57.5M | 41.5M | 11.6M |
| Total Liabilities | 457.0M | 436.0M | 503.0M | 679.0M | 442.0M | 455.0M | 522.0M | 434.0M | 525.0M | 510.0M | 544.0M | 588.0M | 441.0M |
| Paid In Capital | 180.0M | 180.0M | 180.0M | 180.0M | 180.0M | 180.0M | 180.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 130.0M | 130.0M | 130.0M | 130.0M | 130.0M | 130.0M | 130.0M | 210.0M | 81.1M | 81.1M | 81.1M | 76.2M | 76.2M |
| Surplus Reserve | 14.3M | 14.3M | 14.3M | 13.0M | 11.7M | 10.3M | 8.4M | 5.8M | 3.2M | 2.1M | 1.0M | 711,000 | 101,500 |
| Retained Earnings | 191.0M | 197.0M | 288.0M | 270.0M | 229.0M | 223.0M | 200.0M | 169.0M | 115.0M | 76.3M | 54.8M | 32.0M | 9.3M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 30.1M | 22.9M |
| Equity Attributable | 515.0M | 522.0M | 613.0M | 593.0M | 551.0M | 543.0M | 519.0M | 485.0M | 274.0M | 234.0M | 212.0M | 184.0M | 161.0M |
| Total Equity | 515.0M | 522.0M | 613.0M | 593.0M | 551.0M | 543.0M | 519.0M | 485.0M | 274.0M | 234.0M | 212.0M | 214.0M | 183.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 781.0M | 576.0M | 736.0M | 1.0B | 804.0M | 801.0M | 919.0M | 930.0M | 752.0M | 789.0M | 895.0M | 800.0M | 739.0M |
| Tax Refunds Received | 4.9M | 3.7M | 8.9M | 6.7M | 2.0M | 4.1M | 5.0M | 5.2M | 5.1M | 3.4M | 9.6M | 15.5M | 8.8M |
| Total Operating Cash Inflow | 790.0M | 585.0M | 754.0M | 1.0B | 811.0M | 809.0M | 962.0M | 944.0M | 766.0M | 802.0M | 914.0M | 822.0M | 764.0M |
| Cash Paid For Goods | 588.0M | 367.0M | 479.0M | 780.0M | 630.0M | 489.0M | 727.0M | 685.0M | 488.0M | 513.0M | 624.0M | 610.0M | 592.0M |
| Cash Paid To Employees | 148.0M | 133.0M | 144.0M | 172.0M | 139.0M | 135.0M | 153.0M | 149.0M | 135.0M | 135.0M | 141.0M | 128.0M | 107.0M |
| Taxes Paid | 15.5M | 23.9M | 27.3M | 33.6M | 4.6M | 25.5M | 40.1M | 56.7M | 29.1M | 32.8M | 38.6M | 24.8M | 21.0M |
| Total Operating Cash Outflow | 763.0M | 534.0M | 671.0M | 1.0B | 802.0M | 676.0M | 949.0M | 912.0M | 672.0M | 705.0M | 835.0M | 790.0M | 737.0M |
| Operating Cash Flow | 26.7M | 51.6M | 83.5M | 32.9M | 9.7M | 134.0M | 12.8M | 31.9M | 93.7M | 97.2M | 78.8M | 32.6M | 26.6M |
| Total Investing Cash Inflow | 6.5M | 93.2M | 30.2M | 562,000 | 98.1M | 102.0M | 53.8M | 2.3M | 1.0M | 2.5M | 951,200 | 1.0M | 2.9M |
| Total Investing Cash Outflow | 13.1M | 53.2M | 39.8M | 202.0M | 106.0M | 157.0M | 157.0M | 65.4M | 31.4M | 53.2M | 98.7M | 69.7M | 94.3M |
| Investing Cash Flow | -6.6M | 40.0M | -9.5M | -201.0M | -8.1M | -55.8M | -103.0M | -63.2M | -30.4M | -50.7M | -97.7M | -68.7M | -91.4M |
| Cash From Borrowings | 302.0M | 317.0M | 656.0M | 564.0M | 249.0M | 310.0M | 404.0M | 306.0M | 298.0M | 394.0M | 418.0M | 448.0M | 319.0M |
| Dividends And Interest Paid | 10.5M | 17.8M | 15.8M | 16.1M | 17.4M | 16.2M | 22.9M | 14.1M | 19.2M | 25.5M | 27.7M | 34.0M | 20.4M |
| Debt Repayments | 333.0M | 443.0M | 780.0M | 442.0M | 320.0M | 374.0M | 291.0M | 340.0M | 328.0M | 409.0M | 457.0M | 349.0M | 314.0M |
| Total Financing Cash Inflow | 377.0M | 429.0M | 708.0M | 689.0M | 308.0M | 310.0M | 404.0M | 498.0M | 340.0M | 418.0M | 447.0M | 448.0M | 390.0M |
| Total Financing Cash Outflow | 375.0M | 512.0M | 860.0M | 459.0M | 338.0M | 391.0M | 320.0M | 405.0M | 402.0M | 453.0M | 491.0M | 382.0M | 337.0M |
| Financing Cash Flow | 1.5M | -83.7M | -152.0M | 229.0M | -29.6M | -81.0M | 84.9M | 93.2M | -61.7M | -34.9M | -43.9M | 65.3M | 52.1M |
| Net Change In Cash | 22.7M | 8.1M | -75.5M | 58.5M | -30.6M | -2.5M | -4.3M | 61.5M | 1.6M | 13.2M | -62.7M | 27.1M | -13.2M |
| Ending Cash Balance | 68.3M | 45.6M | 37.5M | 113.0M | 54.4M | 85.1M | 87.6M | 91.9M | 30.4M | 28.8M | 15.6M | 78.2M | 51.1M |
| Capex | 8.1M | 19.2M | 9.8M | 6.8M | 23.3M | 37.5M | 76.6M | 15.4M | 31.4M | 52.3M | 69.1M | 69.7M | 74.8M |