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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 633.0M | 851.0M | 413.0M | 475.0M | 610.0M | 552.0M | 499.0M | 440.0M | 398.0M | 311.0M | 296.0M | 311.0M |
| Revenue Growth % | -25.6% | 106.1% | -13.1% | -22.1% | 10.5% | 10.6% | 13.4% | 10.6% | 28.0% | 5.1% | -4.8% | -- |
| Total Revenue | 633.0M | 851.0M | 413.0M | 475.0M | 610.0M | 552.0M | 499.0M | 440.0M | 398.0M | 311.0M | 296.0M | 311.0M |
| Cost Of Revenue | 371.0M | 455.0M | 249.0M | 254.0M | 301.0M | 255.0M | 249.0M | 204.0M | 171.0M | 136.0M | 120.0M | 115.0M |
| Gross Profit | 262.0M | 396.0M | 164.0M | 221.0M | 309.0M | 297.0M | 250.0M | 236.0M | 227.0M | 175.0M | 176.0M | 196.0M |
| Gross Margin % | 41.4% | 46.5% | 39.7% | 46.5% | 50.7% | 53.8% | 50.1% | 53.6% | 57.0% | 56.3% | 59.5% | 63.0% |
| Total Operating Cost | 650.0M | 737.0M | 496.0M | 483.0M | 547.0M | 495.0M | 462.0M | 371.0M | 313.0M | 259.0M | 229.0M | 218.0M |
| Selling Expenses | 30.4M | 33.8M | 27.1M | 27.5M | 26.8M | 26.8M | 39.4M | 30.1M | 30.6M | 24.7M | 22.8M | 25.2M |
| Admin Expenses | 141.0M | 140.0M | 126.0M | 124.0M | 112.0M | 128.0M | 110.0M | 77.6M | 95.7M | 79.9M | 68.2M | 64.4M |
| Rd Expenses | 82.2M | 66.7M | 69.5M | 70.2M | 83.7M | 69.5M | 58.0M | 39.3M | -- | -- | -- | -- |
| Finance Expenses | 6.5M | 2.9M | 2.0M | 3.4M | 5.4M | 2.1M | -599,800 | 3.7M | 6.0M | 8.6M | 8.5M | 6.2M |
| Operating Income | 5.7M | 125.0M | -62.1M | 4.7M | 105.0M | 83.0M | 57.6M | 103.0M | 83.9M | 52.0M | 67.6M | 93.0M |
| Operating Margin % | 0.9% | 14.7% | -15.0% | 1.0% | 17.2% | 15.0% | 11.5% | 23.4% | 21.1% | 16.7% | 22.8% | 29.9% |
| Non Operating Income | 300,800 | 81,300 | 3,500 | 29,200 | 31,400 | 28,000 | 3.6M | 481,300 | 21.8M | 32.7M | 7.2M | 9.2M |
| Non Operating Expenses | 752,200 | 524,000 | 519,100 | 375,600 | 1.8M | 513,600 | 215,400 | 659,200 | 226,200 | 83,600 | 63,100 | 489,800 |
| Investment Income | 0.00 | 0.00 | 62,500 | -1.2M | -756,200 | 2.6M | 5.3M | 406,100 | -262,600 | -163,900 | -- | -- |
| Fair Value Change Income | 4,500 | -6,700 | -- | -1,400 | -- | -416,400 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 4.9M | -213,600 | 481,800 | -44,000 | 23,000 | -69,100 | -4,100 | -139,900 | -- | -- | -- | -- |
| Asset Impairment Loss | 4.0M | 16.1M | 4.4M | 3.2M | 4.7M | 1.0M | 1.8M | 11.2M | 4.9M | 7.9M | 5.6M | 3.5M |
| Other Income | 17.9M | 12.2M | 21.3M | 13.8M | 42.6M | 23.1M | 14.6M | 33.8M | -- | -- | -- | -- |
| Income Before Tax | 5.3M | 125.0M | -62.6M | 4.3M | 103.0M | 82.5M | 61.0M | 103.0M | 106.0M | 84.7M | 74.7M | 102.0M |
| Income Tax | -7.4M | 11.4M | -16.8M | -6.1M | 7.5M | 9.4M | 5.5M | 12.8M | 14.4M | 13.2M | 14.8M | 16.8M |
| Net Income | 12.7M | 113.0M | -45.8M | 10.4M | 95.5M | 73.1M | 55.4M | 89.8M | 91.2M | 71.5M | 59.9M | 84.9M |
| Net Margin % | 2.0% | 13.3% | -11.1% | 2.2% | 15.7% | 13.3% | 11.1% | 20.4% | 22.9% | 23.0% | 20.2% | 27.3% |
| Net Income Attributable | 13.8M | 113.0M | -45.8M | 10.4M | 95.5M | 73.1M | 55.4M | 89.8M | 91.2M | 53.7M | 44.1M | 67.0M |
| Minority Interest | -1.1M | 5,400 | -- | -- | -- | -- | -- | -- | -- | 17.8M | 15.8M | 17.8M |
| Eps Basic | 0.05 | 0.44 | -0.18 | 0.04 | 0.38 | 0.29 | 0.22 | 0.46 | 0.73 | -- | -- | -- |
| Eps Diluted | 0.05 | 0.44 | -0.18 | 0.04 | 0.38 | 0.29 | 0.22 | 0.46 | 0.73 | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 180.0M | 297.0M | 208.0M | 249.0M | 300.0M | 305.0M | 215.0M | 265.0M | 238.0M | 122.0M | 112.0M | 131.0M |
| Trading Financial Assets | 23,100 | 18,600 | 25,200 | 25,200 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 857.0M | 754.0M | 482.0M | 533.0M | 618.0M | 572.0M | 496.0M | 392.0M | 145.0M | 131.0M | 152.0M | 106.0M |
| Notes Receivable | 52.3M | 12.1M | 10.4M | 34.2M | 121.0M | 34.4M | 86.9M | 28.0M | 27.5M | 17.0M | 16.6M | 13.3M |
| Notes And Accounts Receivable | 909.0M | 766.0M | 492.0M | 567.0M | 739.0M | 607.0M | 583.0M | 420.0M | 173.0M | 148.0M | 168.0M | 119.0M |
| Prepayments | 31.0M | 21.5M | 10.6M | 13.2M | 11.1M | 7.7M | 14.0M | 14.0M | 4.6M | 3.7M | 4.8M | 3.4M |
| Inventory | 300.0M | 293.0M | 283.0M | 250.0M | 232.0M | 209.0M | 159.0M | 105.0M | 109.0M | 102.0M | 74.5M | 52.0M |
| Total Current Assets | 1.4B | 1.4B | 1.1B | 1.1B | 1.3B | 1.1B | 1.0B | 998.0M | 524.0M | 376.0M | 374.0M | 307.0M |
| Long Term Equity Investment | -- | -- | -- | -- | 1.2M | 2.3M | 2.0M | 2.0M | 1.6M | 1.8M | -- | -- |
| Fixed Assets | -- | 112.0M | 117.0M | 122.0M | 124.0M | 124.0M | 108.0M | 93.4M | 94.0M | 96.4M | 98.5M | 98.9M |
| Fixed Assets Total | 108.0M | 112.0M | 117.0M | 122.0M | 124.0M | 124.0M | 108.0M | 93.4M | 94.0M | 96.4M | 98.5M | 98.9M |
| Construction In Progress | -- | 509,400 | -- | -- | -- | -- | -- | 194,800 | 136,600 | -- | -- | 53,200 |
| Construction In Progress Total | 46.0M | 509,400 | -- | -- | -- | -- | -- | 194,800 | 136,600 | -- | -- | 53,200 |
| Intangible Assets | 45.9M | 9.5M | 10.4M | 11.0M | 10.8M | 11.9M | 12.3M | 12.0M | 10.0M | 9.2M | 9.4M | 9.8M |
| Long Term Deferred Expenses | 4.0M | 637,800 | 872,600 | 691,100 | 885,000 | 1.8M | 3.3M | 1.7M | -- | -- | -- | -- |
| Total Non Current Assets | 265.0M | 183.0M | 191.0M | 164.0M | 148.0M | 148.0M | 134.0M | 115.0M | 110.0M | 113.0M | 111.0M | 113.0M |
| Total Assets | 1.7B | 1.6B | 1.2B | 1.3B | 1.4B | 1.3B | 1.2B | 1.1B | 634.0M | 489.0M | 485.0M | 420.0M |
| Short Term Borrowings | 337.0M | 165.0M | 83.2M | 81.8M | 188.0M | 120.0M | -- | 200,000 | 104.0M | 125.0M | 128.0M | 112.0M |
| Accounts Payable | 168.0M | 174.0M | 87.3M | 94.7M | 118.0M | 104.0M | 126.0M | 74.0M | 57.6M | 48.1M | 59.7M | 44.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.0M | 17.5M | 11.9M | 8.4M | 8.1M | 6.4M | 7.4M |
| Contract Liabilities | 35.8M | 26.4M | 17.3M | 18.5M | 13.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 610.0M | 480.0M | 246.0M | 249.0M | 387.0M | 305.0M | 214.0M | 148.0M | 232.0M | 244.0M | 245.0M | 200.0M |
| Long Term Borrowings | 38.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 55.5M | 19.3M | 24.4M | 7.4M | 5.2M | 4.3M | 3.5M | 3.6M | 2.8M | 2.3M | 1.1M | 3.6M |
| Total Liabilities | 666.0M | 499.0M | 270.0M | 256.0M | 392.0M | 310.0M | 217.0M | 152.0M | 235.0M | 246.0M | 246.0M | 203.0M |
| Paid In Capital | 255.0M | 255.0M | 255.0M | 254.0M | 254.0M | 254.0M | 253.0M | 168.0M | 126.0M | 13.3M | 13.3M | 13.3M |
| Capital Reserve | 468.0M | 474.0M | 473.0M | 458.0M | 454.0M | 452.0M | 442.0M | 514.0M | 83.7M | -- | 61,000 | 61,000 |
| Surplus Reserve | 51.3M | 44.9M | 42.5M | 41.7M | 34.5M | 25.5M | 19.1M | 14.7M | 6.2M | -- | 6.7M | 6.7M |
| Retained Earnings | 277.0M | 321.0M | 210.0M | 261.0M | 309.0M | 248.0M | 232.0M | 265.0M | 183.0M | 229.0M | 196.0M | 182.0M |
| Minority Equity | 3.9M | 5.0M | -- | -- | -- | -- | -- | -- | -- | -- | 22.6M | 14.8M |
| Equity Attributable | 1.0B | 1.1B | 971.0M | 1.0B | 1.1B | 979.0M | 946.0M | 962.0M | 399.0M | 242.0M | 216.0M | 202.0M |
| Total Equity | 1.0B | 1.1B | 971.0M | 1.0B | 1.1B | 979.0M | 946.0M | 962.0M | 399.0M | 242.0M | 239.0M | 217.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 596.0M | 705.0M | 490.0M | 688.0M | 525.0M | 579.0M | 409.0M | 255.0M | 429.0M | 377.0M | 295.0M | 363.0M |
| Tax Refunds Received | 13.8M | 11.5M | 18.3M | 17.1M | 33.7M | 22.0M | 10.4M | 30.7M | 19.2M | 29.9M | 5.8M | 9.1M |
| Total Operating Cash Inflow | 629.0M | 741.0M | 526.0M | 720.0M | 586.0M | 614.0M | 437.0M | 293.0M | 457.0M | 430.0M | 336.0M | 400.0M |
| Cash Paid For Goods | 404.0M | 375.0M | 271.0M | 287.0M | 306.0M | 311.0M | 261.0M | 212.0M | 173.0M | 172.0M | 143.0M | 151.0M |
| Cash Paid To Employees | 242.0M | 204.0M | 190.0M | 188.0M | 160.0M | 159.0M | 123.0M | 101.0M | 80.5M | 68.7M | 69.0M | 52.1M |
| Taxes Paid | 57.7M | 55.3M | 34.0M | 42.4M | 42.8M | 63.0M | 50.8M | 57.9M | 37.2M | 48.1M | 41.7M | 46.3M |
| Total Operating Cash Outflow | 810.0M | 710.0M | 552.0M | 586.0M | 603.0M | 618.0M | 537.0M | 437.0M | 342.0M | 355.0M | 318.0M | 296.0M |
| Operating Cash Flow | -181.0M | 30.6M | -25.7M | 134.0M | -16.3M | -4.8M | -101.0M | -144.0M | 114.0M | 75.0M | 18.6M | 104.0M |
| Total Investing Cash Inflow | 15.4M | 500,200 | 24.8M | 547,600 | 121.0M | 363.0M | 416.0M | 263,600 | 132,000 | 73,700 | 132,300 | 380,000 |
| Total Investing Cash Outflow | 90.0M | 18.6M | 34.9M | 14.4M | 135.0M | 339.0M | 292.0M | 199.0M | 7.6M | 55.8M | 6.8M | 21.0M |
| Investing Cash Flow | -74.5M | -18.1M | -10.1M | -13.8M | -15.0M | 23.7M | 124.0M | -199.0M | -7.5M | -55.7M | -6.7M | -20.6M |
| Cash From Borrowings | 384.0M | 153.0M | 83.0M | 144.0M | 188.0M | 120.0M | -- | 109.0M | 104.0M | 162.0M | 128.0M | 112.0M |
| Dividends And Interest Paid | 57.6M | 4.1M | 7.7M | 56.0M | 30.9M | 53.1M | 84.0M | 4.2M | 6.3M | 36.6M | 46.6M | 38.0M |
| Debt Repayments | 173.0M | 71.0M | 82.0M | 250.0M | 130.0M | -- | 200,000 | 213.0M | 155.0M | 135.0M | 112.0M | 74.3M |
| Total Financing Cash Inflow | 384.0M | 158.0M | 93.0M | 144.0M | 188.0M | 128.0M | 11.7M | 587.0M | 170.0M | 162.0M | 128.0M | 112.0M |
| Total Financing Cash Outflow | 242.0M | 84.4M | 98.6M | 315.0M | 162.0M | 57.1M | 84.2M | 217.0M | 161.0M | 172.0M | 158.0M | 112.0M |
| Financing Cash Flow | 141.0M | 73.7M | -5.6M | -171.0M | 26.2M | 70.8M | -72.5M | 370.0M | 8.7M | -9.6M | -30.3M | -271,100 |
| Net Change In Cash | -114.0M | 86.2M | -41.4M | -50.9M | -5.1M | 89.7M | -49.4M | 27.2M | 116.0M | 9.7M | -18.3M | 83.2M |
| Ending Cash Balance | 180.0M | 294.0M | 208.0M | 249.0M | 300.0M | 305.0M | 215.0M | 265.0M | 238.0M | 122.0M | 112.0M | 131.0M |
| Capex | 90.0M | 18.6M | 10.9M | 14.4M | 15.5M | 28.9M | 22.1M | 9.3M | 7.6M | 13.8M | 6.8M | 21.0M |