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 | 1.8B | 1.8B | 1.6B | 1.4B | 1.0B |
| Revenue Growth % | -2.5% | 16.7% | 7.2% | 44.4% | -- |
| Total Revenue | 1.8B | 1.8B | 1.6B | 1.4B | 1.0B |
| Cost Of Revenue | 1.6B | 1.6B | 1.3B | 1.1B | 911.0M |
| Gross Profit | 192.0M | 205.0M | 301.0M | 301.0M | 93.0M |
| Gross Margin % | 10.9% | 11.3% | 19.4% | 20.8% | 9.3% |
| Total Operating Cost | 1.8B | 1.9B | 1.4B | 1.3B | 1.0B |
| Selling Expenses | 35.8M | 32.7M | 36.0M | 31.6M | 23.7M |
| Admin Expenses | 89.4M | 166.0M | 56.2M | 48.6M | 29.1M |
| Rd Expenses | 21.8M | 25.0M | 24.5M | 24.9M | 21.1M |
| Finance Expenses | 43.8M | 45.3M | 34.8M | 24.7M | 24.6M |
| Operating Income | -3.7M | -69.7M | 126.0M | 162.0M | -6.7M |
| Operating Margin % | -0.2% | -3.8% | 8.1% | 11.2% | -0.7% |
| Non Operating Income | 316,900 | 141,200 | 84,000 | 135,000 | 146,900 |
| Non Operating Expenses | 3.0M | 3.4M | 5.6M | 1.7M | 2.0M |
| Investment Income | -- | -- | -- | 68,100 | 257,600 |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -119,800 | 11,700 | -128,000 | -6,100 | 598,400 |
| Asset Impairment Loss | 2.5M | 4.0M | 13.1M | 1.8M | 303,200 |
| Other Income | 7.9M | 10.1M | 2.3M | 2.9M | 5.3M |
| Income Before Tax | -6.4M | -72.9M | 121.0M | 160.0M | -8.5M |
| Income Tax | -3.7M | -20.3M | 17.5M | 29.4M | -4.2M |
| Net Income | -2.6M | -52.7M | 104.0M | 131.0M | -4.3M |
| Net Margin % | -0.1% | -2.9% | 6.7% | 9.0% | -0.4% |
| Net Income Attributable | 9.5M | -35.3M | 110.0M | 132.0M | -3.9M |
| Minority Interest | -12.2M | -17.4M | -6.1M | -835,300 | -389,100 |
| Eps Basic | 0.06 | -0.24 | 0.68 | 1.55 | -0.05 |
| Eps Diluted | 0.06 | -0.24 | 0.67 | 1.55 | -0.05 |
| 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 | 216.0M | 164.0M | 321.0M | 230.0M | 162.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 128.0M | 150.0M | 108.0M | 123.0M | 102.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 128.0M | 150.0M | 108.0M | 123.0M | 102.0M |
| Prepayments | 19.3M | 27.9M | 30.9M | 12.4M | 11.9M |
| Inventory | 310.0M | 264.0M | 341.0M | 212.0M | 153.0M |
| Total Current Assets | 745.0M | 751.0M | 917.0M | 716.0M | 559.0M |
| Fixed Assets | -- | 1.0B | 1.5B | 385.0M | 334.0M |
| Fixed Assets Total | 1.5B | 1.0B | 1.5B | 385.0M | 334.0M |
| Construction In Progress | -- | 598.0M | 132.0M | 1.2B | 1.1B |
| Construction In Progress Total | 31.3M | 598.0M | 132.0M | 1.2B | 1.1B |
| Intangible Assets | 153.0M | 157.0M | 152.0M | 156.0M | 160.0M |
| Long Term Deferred Expenses | 28.3M | 15.5M | 42.5M | 5.2M | 3.3M |
| Total Non Current Assets | 1.9B | 1.9B | 1.9B | 1.8B | 1.7B |
| Total Assets | 2.6B | 2.6B | 2.9B | 2.5B | 2.2B |
| Short Term Borrowings | 870.0M | 917.0M | 901.0M | 557.0M | 510.0M |
| Accounts Payable | 254.0M | 212.0M | 297.0M | 329.0M | 385.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 13.7M | 13.0M | 84.4M | 86.6M | 21.6M |
| Total Current Liabilities | 1.2B | 1.3B | 1.5B | 1.2B | 1.1B |
| Long Term Borrowings | 96.7M | -- | -- | 100.0M | 200.0M |
| Total Non Current Liabilities | 148.0M | 52.5M | 45.3M | 146.0M | 244.0M |
| Total Liabilities | 1.4B | 1.4B | 1.6B | 1.4B | 1.4B |
| Paid In Capital | 165.0M | 165.0M | 85.8M | 85.8M | 80.3M |
| Capital Reserve | 640.0M | 640.0M | 702.0M | 683.0M | 534.0M |
| Surplus Reserve | 49.8M | 47.5M | 43.5M | 33.7M | 26.7M |
| Retained Earnings | 348.0M | 357.0M | 409.0M | 318.0M | 193.0M |
| Minority Equity | 17.9M | 30.0M | 47.5M | 52.9M | 53.5M |
| Equity Attributable | 1.2B | 1.2B | 1.3B | 1.1B | 834.0M |
| Total Equity | 1.2B | 1.3B | 1.3B | 1.2B | 887.0M |
| 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 | 1.9B | 1.7B | 1.6B | 1.6B | 951.0M |
| Tax Refunds Received | 2.2M | 5.3M | 54.4M | 28.3M | 38.0M |
| Total Operating Cash Inflow | 1.9B | 1.7B | 1.6B | 1.6B | 1.0B |
| Cash Paid For Goods | 1.4B | 1.4B | 1.3B | 1.2B | 843.0M |
| Cash Paid To Employees | 136.0M | 138.0M | 100.0M | 73.5M | 62.7M |
| Taxes Paid | 55.3M | 65.8M | 99.1M | 56.9M | 14.7M |
| Total Operating Cash Outflow | 1.7B | 1.7B | 1.5B | 1.3B | 951.0M |
| Operating Cash Flow | 218.0M | 29.7M | 137.0M | 266.0M | 79.8M |
| Total Investing Cash Inflow | 142,500 | 57,000 | 203,100 | 28.4M | 124.0M |
| Total Investing Cash Outflow | 75.2M | 155.0M | 220.0M | 314.0M | 387.0M |
| Investing Cash Flow | -75.1M | -155.0M | -220.0M | -286.0M | -264.0M |
| Cash From Borrowings | 1.0B | 1.0B | 1.1B | 576.0M | 732.0M |
| Dividends And Interest Paid | 59.6M | 58.6M | 50.2M | 38.0M | 42.4M |
| Debt Repayments | 1.1B | 955.0M | 849.0M | 600.0M | 480.0M |
| Total Financing Cash Inflow | 1.0B | 1.0B | 1.1B | 731.0M | 732.0M |
| Total Financing Cash Outflow | 1.2B | 1.0B | 899.0M | 647.0M | 528.0M |
| Financing Cash Flow | -108.0M | 10.0M | 193.0M | 84.0M | 204.0M |
| Net Change In Cash | 35.4M | -114.0M | 109.0M | 64.2M | 19.3M |
| Ending Cash Balance | 188.0M | 153.0M | 267.0M | 158.0M | 93.6M |
| Capex | 75.2M | 155.0M | 220.0M | 286.0M | 347.0M |