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 |
|---|---|---|---|---|---|
| Revenue | 907.0M | 721.0M | 838.0M | 807.0M | 560.0M |
| Revenue Growth % | 25.8% | -14.0% | 3.8% | 44.1% | -- |
| Total Revenue | 907.0M | 721.0M | 838.0M | 807.0M | 560.0M |
| Cost Of Revenue | 758.0M | 582.0M | 706.0M | 707.0M | 460.0M |
| Gross Profit | 149.0M | 139.0M | 132.0M | 100.0M | 100.0M |
| Gross Margin % | 16.4% | 19.3% | 15.8% | 12.4% | 17.9% |
| Total Operating Cost | 879.0M | 691.0M | 786.0M | 796.0M | 536.0M |
| Selling Expenses | 66.7M | 52.0M | 38.4M | 36.8M | 27.6M |
| Admin Expenses | 31.7M | 37.1M | 27.2M | 18.3M | 16.0M |
| Rd Expenses | 25.6M | 22.7M | 27.4M | 22.6M | 18.0M |
| Finance Expenses | -8.2M | -4.3M | -13.0M | 8.7M | 13.1M |
| Operating Income | 20.0M | 30.9M | 60.3M | 19.5M | 42.4M |
| Operating Margin % | 2.2% | 4.3% | 7.2% | 2.4% | 7.6% |
| Non Operating Income | 1.4M | 1.6M | 258,200 | 1.3M | 28,500 |
| Non Operating Expenses | 3.2M | 585,400 | 1.1M | 623,100 | 471,300 |
| Investment Income | -11.0M | 4.1M | 2.7M | 3.8M | 1.7M |
| Fair Value Change Income | -- | -8.1M | 2.8M | -- | -- |
| Asset Disposal Income | 3,500 | 101,400 | 334,600 | -300.00 | -1,800 |
| Asset Impairment Loss | -285,300 | -584,400 | -2.1M | -91,900 | 207,200 |
| Other Income | 2.8M | 5.0M | 3.0M | 5.4M | 16.1M |
| Income Before Tax | 18.1M | 31.9M | 59.4M | 20.1M | 42.0M |
| Income Tax | 9.0M | 5.6M | 9.2M | -632,200 | 3.0M |
| Net Income | 9.1M | 26.3M | 50.2M | 20.8M | 39.0M |
| Net Margin % | 1.0% | 3.7% | 6.0% | 2.6% | 7.0% |
| Net Income Attributable | 9.1M | 26.4M | 50.2M | 20.8M | 39.0M |
| Minority Interest | -10,000 | -55,500 | -- | -- | -- |
| Eps Basic | 0.03 | 0.08 | 0.17 | 0.08 | 0.18 |
| Eps Diluted | 0.03 | 0.08 | 0.17 | 0.08 | 0.18 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 56.3M | 157.0M | 373.0M | 173.0M | 56.5M |
| Trading Financial Assets | -- | -- | 2.8M | -- | -- |
| Accounts Receivable | 177.0M | 112.0M | 125.0M | 165.0M | 106.0M |
| Notes And Accounts Receivable | 177.0M | 112.0M | 125.0M | 165.0M | 106.0M |
| Prepayments | 30.9M | 14.0M | 12.7M | 25.0M | 20.4M |
| Inventory | 6.5M | 5.4M | 5.0M | 8.3M | 7.4M |
| Total Current Assets | 334.0M | 331.0M | 558.0M | 421.0M | 233.0M |
| Fixed Assets | -- | 289.0M | 254.0M | 16.3M | 15.9M |
| Fixed Assets Total | 301.0M | 289.0M | 254.0M | 16.3M | 15.9M |
| Construction In Progress | -- | 101.0M | 87.0M | 193.0M | 120.0M |
| Construction In Progress Total | 157.0M | 101.0M | 87.0M | 193.0M | 120.0M |
| Intangible Assets | 175.0M | 181.0M | 188.0M | 194.0M | 13.4M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 640.0M | 584.0M | 537.0M | 415.0M | 251.0M |
| Total Assets | 974.0M | 915.0M | 1.1B | 836.0M | 483.0M |
| Short Term Borrowings | 30.0M | -- | 154.0M | 70.1M | 60.1M |
| Accounts Payable | 105.0M | 63.5M | 65.4M | 50.6M | 51.0M |
| Advance Receipts | 634,200 | 285,000 | -- | -- | -- |
| Contract Liabilities | 13.1M | 12.5M | 10.7M | 19.3M | 18.0M |
| Total Current Liabilities | 162.0M | 90.7M | 260.0M | 153.0M | 137.0M |
| Total Non Current Liabilities | 5.6M | 5.8M | 6.9M | 6.9M | 6.0M |
| Total Liabilities | 168.0M | 96.5M | 267.0M | 160.0M | 143.0M |
| Paid In Capital | 312.0M | 312.0M | 312.0M | 287.0M | 221.0M |
| Capital Reserve | 382.0M | 382.0M | 382.0M | 286.0M | 22.1M |
| Surplus Reserve | 44.4M | 42.6M | 39.5M | 34.1M | 32.9M |
| Retained Earnings | 75.9M | 90.3M | 104.0M | 73.8M | 68.9M |
| Minority Equity | 1.3M | 1.3M | -- | -- | -- |
| Equity Attributable | 804.0M | 817.0M | 828.0M | 676.0M | 340.0M |
| Total Equity | 806.0M | 818.0M | 828.0M | 676.0M | 340.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 837.0M | 740.0M | 876.0M | 742.0M | 541.0M |
| Tax Refunds Received | 65.1M | 67.7M | 109.0M | 86.4M | 70.7M |
| Total Operating Cash Inflow | 924.0M | 835.0M | 995.0M | 839.0M | 628.0M |
| Cash Paid For Goods | 817.0M | 588.0M | 677.0M | 801.0M | 522.0M |
| Cash Paid To Employees | 55.4M | 47.4M | 42.8M | 38.6M | 32.4M |
| Taxes Paid | 9.7M | 10.4M | 5.0M | 3.9M | 5.2M |
| Total Operating Cash Outflow | 945.0M | 802.0M | 767.0M | 884.0M | 589.0M |
| Operating Cash Flow | -21.1M | 33.7M | 228.0M | -45.3M | 39.0M |
| Total Investing Cash Inflow | 143.0M | 413.0M | 368.0M | 454.0M | 254.0M |
| Total Investing Cash Outflow | 233.0M | 476.0M | 598.0M | 613.0M | 389.0M |
| Investing Cash Flow | -90.5M | -62.1M | -230.0M | -159.0M | -135.0M |
| Cash From Borrowings | 104.0M | 49.0M | 239.0M | 137.0M | 60.0M |
| Dividends And Interest Paid | 22.7M | 39.5M | 17.8M | 17.7M | 40.4M |
| Debt Repayments | 74.0M | 203.0M | 155.0M | 127.0M | -- |
| Total Financing Cash Inflow | 104.0M | 50.4M | 370.0M | 470.0M | 61.4M |
| Total Financing Cash Outflow | 96.7M | 244.0M | 176.0M | 148.0M | 40.4M |
| Financing Cash Flow | 7.3M | -194.0M | 194.0M | 322.0M | 21.0M |
| Net Change In Cash | -97.9M | -218.0M | 200.0M | 116.0M | -81.7M |
| Ending Cash Balance | 56.3M | 154.0M | 373.0M | 173.0M | 56.5M |
| Capex | 74.2M | 64.6M | 233.0M | 163.0M | 149.0M |