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 | 209.0M | 309.0M | 657.0M | 749.0M | 806.0M | 828.0M | 523.0M | 184.0M | 116.0M | 108.0M | 113.0M | 133.0M | 179.0M |
| Revenue Growth % | -32.4% | -53.0% | -12.3% | -7.1% | -2.7% | 58.3% | 184.2% | 58.6% | 7.4% | -4.4% | -15.0% | -25.7% | -- |
| Total Revenue | 209.0M | 309.0M | 657.0M | 749.0M | 806.0M | 828.0M | 523.0M | 184.0M | 116.0M | 108.0M | 113.0M | 133.0M | 179.0M |
| Cost Of Revenue | 191.0M | 227.0M | 544.0M | 608.0M | 658.0M | 648.0M | 390.0M | 94.6M | 51.6M | 52.2M | 55.5M | 73.5M | 105.0M |
| Gross Profit | 18.0M | 82.0M | 113.0M | 141.0M | 148.0M | 180.0M | 133.0M | 89.4M | 64.4M | 55.8M | 57.5M | 59.5M | 74.0M |
| Gross Margin % | 8.6% | 26.5% | 17.2% | 18.8% | 18.4% | 21.7% | 25.4% | 48.6% | 55.5% | 51.7% | 50.9% | 44.8% | 41.3% |
| Total Operating Cost | 257.0M | 311.0M | 640.0M | 719.0M | 752.0M | 755.0M | 465.0M | 145.0M | 87.0M | 92.4M | 86.7M | 106.0M | 144.0M |
| Selling Expenses | 3.4M | 4.2M | 3.9M | 3.3M | 2.7M | 3.1M | 2.5M | 2.7M | 1.8M | 1.7M | 1.8M | 1.2M | 2.6M |
| Admin Expenses | 41.0M | 43.7M | 43.3M | 48.1M | 39.7M | 42.5M | 36.1M | 29.6M | 30.8M | 30.7M | 26.8M | 30.0M | 29.6M |
| Rd Expenses | 15.0M | 16.6M | 29.6M | 25.5M | 30.4M | 37.4M | 21.6M | 8.2M | -- | -- | -- | -- | -- |
| Finance Expenses | -1.8M | -2.1M | -2.1M | -564,600 | 1.3M | 23,600 | 129,400 | 1.1M | 843,000 | -1.0M | -1.6M | -1.7M | -2.1M |
| Operating Income | -38.6M | 8.6M | 26.0M | 35.9M | 58.3M | 74.6M | 59.5M | 39.2M | 29.2M | 15.7M | 26.6M | 34.7M | 35.5M |
| Operating Margin % | -18.5% | 2.8% | 4.0% | 4.8% | 7.2% | 9.0% | 11.4% | 21.3% | 25.2% | 14.6% | 23.6% | 26.1% | 19.9% |
| Non Operating Income | 5,300 | 25,400 | 10,500 | 161,000 | 79.00 | 4,000 | 3,800 | 1.5M | 132,100 | 500.00 | 743,100 | 6.7M | 75,400 |
| Non Operating Expenses | 900.00 | 96,300 | 14.5M | 129,600 | 2.1M | 196,600 | 118,000 | 95,300 | 113,800 | 159,200 | 194,900 | 944,200 | 452,300 |
| Investment Income | 6.1M | 6.0M | 5.2M | 1.6M | -60,900 | -737,500 | -- | -- | -- | -- | -- | 8.0M | -- |
| Asset Disposal Income | -124,900 | 39,900 | 49,100 | 305,000 | 240,500 | 66,900 | -- | 135,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -672,900 | 861,300 | -2.7M | 11.4M | 3.4M | -- | 12.5M | 7.0M | 1.1M | 8.4M | 3.4M | 1.8M | 558,000 |
| Other Income | 3.4M | 3.8M | 3.7M | 4.3M | 3.5M | 2.0M | 1.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -38.6M | 8.5M | 11.5M | 35.9M | 56.2M | 74.4M | 59.3M | 40.6M | 29.2M | 15.6M | 27.2M | 40.5M | 35.2M |
| Income Tax | -36,800 | -239,900 | 199,400 | 3.3M | 5.9M | 7.7M | 7.0M | 5.9M | 4.0M | 1.5M | 3.7M | 7.5M | 6.5M |
| Net Income | -38.5M | 8.8M | 11.3M | 32.7M | 50.3M | 66.7M | 52.3M | 34.7M | 25.2M | 14.1M | 23.4M | 32.9M | 28.7M |
| Net Margin % | -18.4% | 2.8% | 1.7% | 4.4% | 6.2% | 8.1% | 10.0% | 18.9% | 21.8% | 13.0% | 20.7% | 24.8% | 16.0% |
| Net Income Attributable | -37.2M | 9.3M | 11.3M | 32.7M | 50.3M | 66.7M | 52.3M | 34.7M | 25.2M | 14.1M | 23.4M | 32.9M | 28.4M |
| Minority Interest | -1.4M | -553,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 315,400 |
| Eps Basic | -0.28 | 0.07 | 0.09 | 0.25 | 0.39 | 0.52 | 0.41 | 0.30 | 0.26 | 0.29 | 0.49 | 0.69 | 0.59 |
| Eps Diluted | -0.28 | 0.07 | 0.09 | 0.25 | 0.39 | 0.52 | 0.41 | 0.30 | 0.26 | 0.29 | 0.49 | 0.69 | 0.59 |
| 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 | 195.0M | 136.0M | 158.0M | 250.0M | 85.7M | 74.9M | 69.3M | 69.4M | 37.8M | 73.8M | 67.4M | 99.8M | 92.1M |
| Accounts Receivable | 213.0M | 174.0M | 180.0M | 223.0M | 258.0M | 332.0M | 163.0M | 96.9M | 73.6M | 63.8M | 54.9M | 21.6M | 33.1M |
| Notes Receivable | 430,600 | 135,800 | -- | 310,000 | -- | 50,000 | -- | 700,000 | -- | -- | -- | 200,000 | 950,000 |
| Notes And Accounts Receivable | 214.0M | 174.0M | 180.0M | 223.0M | 258.0M | 332.0M | 163.0M | 97.6M | 73.6M | 63.8M | 54.9M | 21.8M | 34.1M |
| Prepayments | 1.4M | 2.6M | 1.5M | 1.7M | 3.1M | 2.1M | 1.5M | 10.0M | 205,700 | 235,300 | 350,900 | 258,700 | 276,700 |
| Inventory | -- | -- | -- | -- | -- | 342.0M | 75.7M | -- | -- | -- | -- | -- | 65.1M |
| Total Current Assets | 691.0M | 785.0M | 942.0M | 1.2B | 1.0B | 761.0M | 318.0M | 184.0M | 118.0M | 166.0M | 126.0M | 124.0M | 198.0M |
| Long Term Equity Investment | 110.0M | 99.5M | 85.2M | 30.8M | 29.2M | 7.3M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 164.0M | 167.0M | 175.0M | 184.0M | 191.0M | 194.0M | 11.5M | 12.5M | 14.8M | 16.3M | 14.6M | 10.8M |
| Fixed Assets Total | 154.0M | 164.0M | 167.0M | 175.0M | 184.0M | 191.0M | 194.0M | 11.5M | 12.5M | 14.8M | 16.3M | 14.6M | 10.8M |
| Construction In Progress | -- | -- | -- | -- | -- | -- | -- | 155.0M | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- | -- | -- | 155.0M | -- | -- | -- | -- | -- |
| Intangible Assets | 920,100 | 577,200 | 735,500 | 691,200 | 782,400 | 663,900 | 473,500 | 775,500 | 850,500 | 741,100 | 889,200 | 971,800 | 321,900 |
| Long Term Deferred Expenses | 323,500 | 277,100 | -- | -- | 9.1M | 9.4M | 9.7M | 10.1M | 10.4M | 10.8M | 11.2M | 11.6M | 11.8M |
| Total Non Current Assets | 311.0M | 307.0M | 298.0M | 237.0M | 233.0M | 216.0M | 209.0M | 181.0M | 184.0M | 28.5M | 65.9M | 64.3M | 44.8M |
| Total Assets | 1.0B | 1.1B | 1.2B | 1.4B | 1.3B | 976.0M | 527.0M | 364.0M | 302.0M | 194.0M | 192.0M | 188.0M | 243.0M |
| Accounts Payable | 436.0M | 486.0M | 628.0M | 799.0M | 764.0M | 454.0M | 91.9M | 5.6M | 2.1M | 4.8M | 4.2M | 1.3M | 81.8M |
| Advance Receipts | 15,400 | -- | -- | 340,900 | 327,200 | 16.4M | 13.8M | 1.7M | 2.1M | 1.3M | 3.0M | 3.8M | 2.5M |
| Contract Liabilities | 1.0M | 3.6M | 1.4M | 1.4M | 164,800 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 498.0M | 549.0M | 701.0M | 877.0M | 827.0M | 565.0M | 169.0M | 48.6M | 32.1M | 33.8M | 35.0M | 37.6M | 108.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 90.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 3.7M | 1.7M | 611,100 | 2.8M | 1.7M | 1.8M | 1.9M | 1.9M | 92.1M | 2.1M | 2.2M | 2.3M | 2.5M |
| Total Liabilities | 501.0M | 550.0M | 702.0M | 880.0M | 829.0M | 566.0M | 171.0M | 50.5M | 124.0M | 35.9M | 37.2M | 39.9M | 110.0M |
| Paid In Capital | 132.0M | 132.0M | 132.0M | 132.0M | 128.0M | 128.0M | 128.0M | 128.0M | 48.0M | 48.0M | 48.0M | 48.0M | 48.0M |
| Capital Reserve | 133.0M | 128.0M | 128.0M | 124.0M | 66.7M | 66.7M | 66.7M | 66.7M | 37.2M | 37.2M | 37.2M | 37.2M | 37.1M |
| Surplus Reserve | 45.1M | 45.1M | 43.2M | 42.1M | 38.6M | 33.6M | 26.9M | 21.7M | 18.2M | 15.7M | 14.3M | 11.9M | 8.8M |
| Retained Earnings | 189.0M | 234.0M | 235.0M | 232.0M | 213.0M | 182.0M | 134.0M | 97.5M | 73.9M | 57.5M | 55.4M | 51.1M | 37.1M |
| Minority Equity | 789,000 | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.7M |
| Equity Attributable | 499.0M | 540.0M | 538.0M | 531.0M | 447.0M | 410.0M | 356.0M | 314.0M | 177.0M | 158.0M | 155.0M | 148.0M | 131.0M |
| Total Equity | 500.0M | 541.0M | 538.0M | 531.0M | 447.0M | 410.0M | 356.0M | 314.0M | 177.0M | 158.0M | 155.0M | 148.0M | 133.0M |
| 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 | 365.0M | 456.0M | 842.0M | 808.0M | 554.0M | 459.0M | 381.0M | 166.0M | 112.0M | 96.7M | 82.8M | 154.0M | 152.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- | -- | -- | -- | -- | 331,800 | -- | -- | -- |
| Total Operating Cash Inflow | 397.0M | 477.0M | 871.0M | 845.0M | 579.0M | 478.0M | 393.0M | 178.0M | 115.0M | 99.3M | 84.6M | 158.0M | 157.0M |
| Cash Paid For Goods | 173.0M | 309.0M | 693.0M | 540.0M | 306.0M | 273.0M | 222.0M | 63.1M | 22.1M | 19.8M | 18.9M | 51.4M | 55.7M |
| Cash Paid To Employees | 110.0M | 127.0M | 114.0M | 110.0M | 129.0M | 99.3M | 77.3M | 52.0M | 53.5M | 49.1M | 53.6M | 44.6M | 42.1M |
| Taxes Paid | 14.1M | 19.5M | 31.1M | 26.9M | 24.3M | 19.2M | 13.0M | 10.3M | 9.7M | 10.1M | 11.9M | 11.3M | 15.2M |
| Total Operating Cash Outflow | 325.0M | 480.0M | 894.0M | 725.0M | 527.0M | 453.0M | 353.0M | 157.0M | 101.0M | 92.0M | 96.0M | 120.0M | 132.0M |
| Operating Cash Flow | 71.8M | -2.6M | -23.1M | 120.0M | 51.8M | 24.6M | 40.4M | 21.0M | 14.0M | 7.3M | -11.5M | 38.3M | 25.0M |
| Total Investing Cash Inflow | 5.0M | 481,500 | 67,300 | 431,600 | 318,500 | 86,600 | -- | 163,500 | 25.7M | 11.0M | 599,800 | 4.6M | 188,200 |
| Total Investing Cash Outflow | 7.1M | 9.1M | 60.0M | 3.3M | 24.1M | 13.7M | 29.6M | 3.4M | 159.0M | 1.4M | 4.8M | 19.2M | 25.2M |
| Investing Cash Flow | -2.0M | -8.6M | -60.0M | -2.9M | -23.8M | -13.6M | -29.6M | -3.3M | -133.0M | 9.6M | -4.2M | -14.6M | -25.0M |
| Cash From Borrowings | -- | -- | -- | -- | 40.0M | 15.0M | 15.0M | -- | 90.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 7.9M | 7.9M | 7.9M | 10.2M | 14.9M | 13.0M | 10.4M | 9.4M | 7.9M | 10.5M | 16.8M | 15.7M | 2.7M |
| Debt Repayments | -- | -- | -- | -- | 40.0M | 15.0M | 15.0M | 90.0M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 926,800 | 2.0M | -- | 62.8M | 40.0M | 15.0M | 15.0M | 111.0M | 90.0M | -- | -- | -- | 2.3M |
| Total Financing Cash Outflow | 9.7M | 9.5M | 10.5M | 12.9M | 55.1M | 28.0M | 25.4M | 99.4M | 7.9M | 10.5M | 16.8M | 15.7M | 3.7M |
| Financing Cash Flow | -8.8M | -7.5M | -10.5M | 49.8M | -15.1M | -13.0M | -10.4M | 11.6M | 82.1M | -10.5M | -16.8M | -15.7M | -1.4M |
| Net Change In Cash | 61.0M | -18.8M | -93.5M | 167.0M | 12.9M | -2.0M | 284,100 | 29.4M | -36.9M | 6.3M | -32.4M | 8.0M | -1.3M |
| Ending Cash Balance | 193.0M | 132.0M | 151.0M | 245.0M | 77.5M | 64.6M | 66.6M | 66.3M | 36.9M | 73.8M | 67.4M | 99.8M | 91.9M |
| Capex | 2.1M | 6.0M | 524,700 | 3.3M | 2.1M | 5.7M | 29.6M | 3.4M | 159.0M | 1.4M | 4.8M | 19.2M | 25.2M |