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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 333.0M | 260.0M | 243.0M | 293.0M | 260.0M | 343.0M | 361.0M | 301.0M | 289.0M | 258.0M | 235.0M |
| Revenue Growth % | 28.1% | 7.0% | -17.1% | 12.7% | -24.2% | -5.0% | 19.9% | 4.2% | 12.0% | 9.8% | -- |
| Total Revenue | 333.0M | 260.0M | 243.0M | 293.0M | 260.0M | 343.0M | 361.0M | 301.0M | 289.0M | 258.0M | 235.0M |
| Cost Of Revenue | 281.0M | 221.0M | 222.0M | 225.0M | 167.0M | 215.0M | 244.0M | 201.0M | 185.0M | 179.0M | 161.0M |
| Gross Profit | 52.0M | 39.0M | 21.0M | 68.0M | 93.0M | 128.0M | 117.0M | 100.0M | 104.0M | 79.0M | 74.0M |
| Gross Margin % | 15.6% | 15.0% | 8.6% | 23.2% | 35.8% | 37.3% | 32.4% | 33.2% | 36.0% | 30.6% | 31.5% |
| Total Operating Cost | 373.0M | 299.0M | 277.0M | 292.0M | 225.0M | 273.0M | 302.0M | 252.0M | 235.0M | 221.0M | 203.0M |
| Selling Expenses | 10.7M | 9.0M | 9.3M | 7.6M | 5.1M | 11.0M | 10.1M | 9.1M | 9.9M | 8.8M | 8.1M |
| Admin Expenses | 48.8M | 41.2M | 39.4M | 39.8M | 31.4M | 30.5M | 29.1M | 24.7M | 25.6M | 27.4M | 21.9M |
| Rd Expenses | 13.4M | 12.8M | 12.7M | 14.5M | 11.1M | 12.9M | 13.9M | 10.7M | 9.1M | -- | -- |
| Finance Expenses | 591,800 | 1.9M | -13.0M | 1.8M | 7.6M | -1.4M | -918,900 | 3.6M | -258,200 | 1.4M | 3.2M |
| Operating Income | -28.1M | -27.7M | -30.3M | 8.2M | 40.2M | 71.3M | 59.2M | 48.9M | 66.4M | 32.4M | 34.7M |
| Operating Margin % | -8.5% | -10.7% | -12.5% | 2.8% | 15.4% | 20.8% | 16.4% | 16.2% | 23.0% | 12.5% | 14.8% |
| Non Operating Income | 99,600 | 32,100 | 3.6M | 2.9M | 252,900 | 4.6M | 2.1M | 1.5M | 1.8M | 1.4M | 1.6M |
| Non Operating Expenses | 34,200 | 336,800 | 830,400 | 553,200 | 1.1M | 272,000 | 114,700 | 26,100 | 70,700 | 56,200 | 47,000 |
| Investment Income | -- | -44,400 | 23,400 | -- | -- | -- | -- | -- | 11.5M | -4.5M | 2.8M |
| Fair Value Change Income | 2.0M | 8.8M | 2.1M | 4.3M | 3.7M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 6.7M | 100,200 | -- | -8,300 | 2,800 | -30,000 | -- | -- | 420,200 | -- | -- |
| Asset Impairment Loss | 13.3M | 8.3M | 5.2M | 1.2M | 970,000 | 1.1M | 2.6M | 310,600 | 1.7M | 1.9M | 5.8M |
| Other Income | 3.2M | 2.6M | 1.9M | 3.1M | 1.8M | 1.4M | 509,500 | 213,300 | 14,900 | -- | -- |
| Income Before Tax | -28.1M | -28.0M | -27.5M | 10.5M | 39.3M | 75.7M | 61.2M | 50.3M | 68.1M | 33.7M | 36.3M |
| Income Tax | -5.4M | -4.2M | -5.0M | -119,500 | 4.8M | 10.1M | 7.7M | 7.5M | 14.9M | 9.3M | 9.4M |
| Net Income | -22.6M | -23.9M | -22.5M | 10.6M | 34.5M | 65.6M | 53.5M | 42.9M | 53.2M | 24.4M | 26.9M |
| Net Margin % | -6.8% | -9.2% | -9.3% | 3.6% | 13.3% | 19.1% | 14.8% | 14.2% | 18.4% | 9.5% | 11.4% |
| Net Income Attributable | -22.6M | -23.9M | -22.5M | 10.6M | 34.5M | 65.6M | 53.5M | 42.9M | 52.7M | 22.6M | 24.7M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | 465,000 | 1.8M | 2.1M |
| Eps Basic | -0.15 | -0.16 | -0.15 | 0.07 | 0.27 | 0.88 | 0.71 | 0.57 | 0.70 | -- | -- |
| Eps Diluted | -0.15 | -0.16 | -0.15 | 0.07 | 0.27 | 0.88 | 0.71 | 0.57 | 0.70 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 85.9M | 72.4M | 94.9M | 185.0M | 135.0M | 110.0M | 70.4M | 68.9M | 50.4M | 32.3M | 36.2M |
| Trading Financial Assets | 52.3M | 159.0M | 116.0M | 72.4M | 202.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 88.8M | 85.9M | 66.5M | 74.7M | 70.3M | 72.6M | 61.3M | 43.0M | 50.8M | 29.8M | 21.6M |
| Notes Receivable | -- | -- | 3.2M | 1.9M | -- | -- | -- | 200,000 | -- | 749,700 | -- |
| Notes And Accounts Receivable | 88.8M | 85.9M | 69.7M | 76.6M | 70.3M | 72.6M | 61.3M | 43.2M | 50.8M | 30.5M | 21.6M |
| Prepayments | 2.1M | 3.8M | 3.9M | 3.5M | 2.1M | 1.3M | 425,300 | 755,600 | 70,600 | 456,300 | 558,400 |
| Inventory | 67.4M | 67.0M | 65.8M | 80.1M | 55.6M | 47.8M | 63.0M | 47.9M | 38.0M | 31.7M | 26.2M |
| Total Current Assets | 298.0M | 394.0M | 353.0M | 421.0M | 473.0M | 233.0M | 196.0M | 162.0M | 140.0M | 276.0M | 254.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 13.9M |
| Fixed Assets | -- | 241.0M | 262.0M | 276.0M | 162.0M | 128.0M | 133.0M | 136.0M | -- | 129.0M | 57.9M |
| Fixed Assets Total | 346.0M | 241.0M | 262.0M | 276.0M | 162.0M | 128.0M | 133.0M | 136.0M | 123.0M | 129.0M | 57.9M |
| Construction In Progress | -- | 142.0M | 113.0M | 10.4M | 55.3M | 27.1M | -- | -- | -- | -- | 38.1M |
| Construction In Progress Total | 493,400 | 142.0M | 113.0M | 10.4M | 55.3M | 27.1M | -- | -- | -- | -- | 38.1M |
| Intangible Assets | 29.2M | 31.1M | 33.1M | 33.5M | 13.1M | 13.9M | 12.6M | 13.2M | 13.0M | 12.7M | 13.0M |
| Long Term Deferred Expenses | 23.5M | 27.8M | 26.7M | 27.7M | 17.0M | 12.5M | 15.5M | 15.5M | 15.6M | 12.7M | 7.8M |
| Total Non Current Assets | 435.0M | 459.0M | 446.0M | 356.0M | 268.0M | 185.0M | 163.0M | 166.0M | 153.0M | 159.0M | 151.0M |
| Total Assets | 732.0M | 852.0M | 799.0M | 777.0M | 741.0M | 418.0M | 359.0M | 327.0M | 293.0M | 435.0M | 405.0M |
| Short Term Borrowings | 40.0M | 139.0M | 90.1M | 44.1M | -- | 6.0M | 6.0M | 26.0M | 29.0M | 210.0M | 192.0M |
| Accounts Payable | 38.2M | 38.6M | 30.5M | 22.7M | 24.7M | 18.7M | 21.1M | 26.6M | 23.0M | 23.3M | 14.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.8M | 7.0M | 4.9M | 4.2M | 6.3M | 7.1M |
| Contract Liabilities | 8.5M | 7.2M | 5.6M | 4.4M | 3.0M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 124.0M | 209.0M | 147.0M | 91.5M | 41.5M | 45.3M | 52.0M | 75.1M | 83.9M | 270.0M | 242.0M |
| Long Term Borrowings | -- | 10.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 9.9M | 21.8M | 7.3M | 2.5M | 2.3M | 2.4M | 2.4M | 1.7M | 1.7M | 335,300 | -- |
| Total Liabilities | 134.0M | 231.0M | 154.0M | 94.1M | 43.8M | 47.8M | 54.3M | 76.8M | 85.6M | 271.0M | 242.0M |
| Paid In Capital | 150.0M | 150.0M | 150.0M | 150.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 38.8M | 38.8M |
| Capital Reserve | 324.0M | 324.0M | 324.0M | 324.0M | 374.0M | 106.0M | 106.0M | 106.0M | 106.0M | -- | 8.7M |
| Surplus Reserve | 23.0M | 23.0M | 23.0M | 23.0M | 21.6M | 18.2M | 11.6M | 6.3M | 2.0M | 10.6M | 10.7M |
| Retained Earnings | 102.0M | 124.0M | 148.0M | 186.0M | 202.0M | 171.0M | 111.0M | 63.3M | 24.7M | 103.0M | 86.6M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12.7M | 17.9M |
| Equity Attributable | 599.0M | 621.0M | 645.0M | 683.0M | 697.0M | 370.0M | 304.0M | 251.0M | 208.0M | 152.0M | 145.0M |
| Total Equity | 599.0M | 621.0M | 645.0M | 683.0M | 697.0M | 370.0M | 304.0M | 251.0M | 208.0M | 165.0M | 163.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 370.0M | 266.0M | 267.0M | 306.0M | 270.0M | 346.0M | 369.0M | 330.0M | 285.0M | 260.0M | 250.0M |
| Tax Refunds Received | 1.6M | 2.1M | 12.6M | 17.0M | 10.2M | 4.5M | 3.8M | 3.4M | 2.1M | 6.2M | 4.4M |
| Total Operating Cash Inflow | 374.0M | 276.0M | 294.0M | 330.0M | 283.0M | 357.0M | 377.0M | 336.0M | 293.0M | 269.0M | 256.0M |
| Cash Paid For Goods | 194.0M | 134.0M | 128.0M | 181.0M | 125.0M | 155.0M | 212.0M | 167.0M | 140.0M | 150.0M | 134.0M |
| Cash Paid To Employees | 113.0M | 98.9M | 100.0M | 100.0M | 77.0M | 82.4M | 88.4M | 70.0M | 62.5M | 53.1M | 45.8M |
| Taxes Paid | 8.5M | 6.3M | 4.0M | 1.3M | 11.0M | 13.7M | 12.8M | 21.2M | 20.1M | 15.7M | 15.9M |
| Total Operating Cash Outflow | 332.0M | 256.0M | 249.0M | 302.0M | 225.0M | 266.0M | 327.0M | 271.0M | 238.0M | 234.0M | 209.0M |
| Operating Cash Flow | 42.7M | 20.1M | 45.0M | 28.8M | 58.3M | 90.8M | 49.6M | 65.0M | 55.0M | 35.1M | 46.8M |
| Total Investing Cash Inflow | 188.0M | 40.5M | 142.0M | 448.0M | 299.0M | 19,800 | 400.00 | -- | 199.0M | 126.0M | 120.0M |
| Total Investing Cash Outflow | 115.0M | 137.0M | 318.0M | 443.0M | 611.0M | 50.6M | 26.9M | 37.4M | 54.6M | 148.0M | 147.0M |
| Investing Cash Flow | 72.7M | -96.7M | -176.0M | 4.7M | -312.0M | -50.6M | -26.9M | -37.4M | 144.0M | -22.6M | -26.9M |
| Cash From Borrowings | 40.0M | 179.0M | 91.0M | 44.0M | 6.0M | 6.0M | 6.0M | 61.0M | 46.0M | 210.0M | 206.0M |
| Dividends And Interest Paid | 3.0M | 5.2M | 16.7M | 25.0M | 165,700 | 265,000 | 800,500 | 2.6M | 13.2M | 22.9M | 14.6M |
| Debt Repayments | 139.0M | 121.0M | 45.0M | -- | 12.0M | 6.0M | 26.0M | 64.0M | 227.0M | 206.0M | 210.0M |
| Total Financing Cash Inflow | 40.0M | 179.0M | 91.0M | 44.0M | 325.0M | 6.0M | 6.0M | 61.0M | 59.2M | 231.0M | 214.0M |
| Total Financing Cash Outflow | 143.0M | 126.0M | 62.3M | 25.4M | 41.2M | 7.2M | 26.8M | 68.2M | 242.0M | 245.0M | 234.0M |
| Financing Cash Flow | -103.0M | 53.1M | 28.7M | 18.6M | 284.0M | -1.2M | -20.8M | -7.2M | -183.0M | -14.0M | -19.3M |
| Net Change In Cash | 13.4M | -22.4M | -89.8M | 49.3M | 25.8M | 39.2M | 1.6M | 18.5M | 18.1M | 290,800 | 616,100 |
| Ending Cash Balance | 85.9M | 72.4M | 94.9M | 185.0M | 135.0M | 110.0M | 70.4M | 68.9M | 50.4M | 32.3M | 32.0M |
| Capex | 29.9M | 62.2M | 135.0M | 129.0M | 114.0M | 50.6M | 26.9M | 37.4M | 26.0M | 47.0M | 41.7M |