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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 493.0M | 455.0M | 394.0M | 397.0M | 370.0M | 379.0M | 341.0M | 316.0M | 283.0M |
| Revenue Growth % | 8.4% | 15.5% | -0.8% | 7.3% | -2.4% | 11.1% | 7.9% | 11.7% | -- |
| Total Revenue | 493.0M | 455.0M | 394.0M | 397.0M | 370.0M | 379.0M | 341.0M | 316.0M | 283.0M |
| Cost Of Revenue | 454.0M | 370.0M | 310.0M | 305.0M | 256.0M | 272.0M | 249.0M | 227.0M | 213.0M |
| Gross Profit | 39.0M | 85.0M | 84.0M | 92.0M | 114.0M | 107.0M | 92.0M | 89.0M | 70.0M |
| Gross Margin % | 7.9% | 18.7% | 21.3% | 23.2% | 30.8% | 28.2% | 27.0% | 28.2% | 24.7% |
| Total Operating Cost | 565.0M | 437.0M | 343.0M | 334.0M | 286.0M | 306.0M | 277.0M | 258.0M | 235.0M |
| Selling Expenses | 3.8M | 4.2M | 2.4M | 2.4M | 2.5M | 9.5M | 9.0M | 8.5M | 7.1M |
| Admin Expenses | 43.6M | 36.0M | 12.5M | 10.7M | 10.3M | 7.9M | 6.5M | 7.4M | 3.6M |
| Rd Expenses | 18.9M | 19.8M | 14.7M | 16.6M | 14.4M | 13.2M | 11.3M | 10.6M | 8.9M |
| Finance Expenses | 22.1M | 1.4M | -2.7M | -3.6M | 325,100 | 1.4M | -1.0M | 2.0M | 683,700 |
| Operating Income | -67.7M | 22.4M | 60.9M | 78.8M | 92.9M | 79.8M | 67.8M | 60.0M | 48.3M |
| Operating Margin % | -13.7% | 4.9% | 15.5% | 19.8% | 25.1% | 21.1% | 19.9% | 19.0% | 17.1% |
| Non Operating Income | 14,200 | 5,400 | 1.00 | 9,200 | 11,200 | 47,700 | 80,000 | 117,400 | 259,700 |
| Non Operating Expenses | 1.4M | 496,300 | 5.1M | 115,700 | 268,700 | 461,800 | 13,300 | 500.00 | 2,600 |
| Investment Income | 51,800 | 799,100 | 3.8M | 7.0M | 634,500 | -64,400 | -- | -- | -- |
| Asset Disposal Income | -20,600 | -186,600 | 1.8M | -- | -- | -26,000 | -- | -194,800 | -- |
| Asset Impairment Loss | 14.2M | 482,000 | 68,300 | 72,000 | 62,600 | 26,100 | 424,000 | 874,600 | -22,600 |
| Other Income | 5.0M | 4.6M | 3.6M | 9.5M | 8.1M | 6.8M | 4.4M | 2.1M | -- |
| Income Before Tax | -69.1M | 21.9M | 55.8M | 78.7M | 92.6M | 79.4M | 67.9M | 60.1M | 48.5M |
| Income Tax | -474,400 | 2.1M | 6.2M | 9.5M | 12.5M | 10.6M | 9.2M | 8.6M | 7.0M |
| Net Income | -68.6M | 19.7M | 49.6M | 69.2M | 80.1M | 68.8M | 58.7M | 51.5M | 41.5M |
| Net Margin % | -13.9% | 4.3% | 12.6% | 17.4% | 21.6% | 18.2% | 17.2% | 16.3% | 14.7% |
| Net Income Attributable | -64.5M | 21.5M | 49.6M | 69.2M | 80.1M | 68.8M | 58.7M | 51.5M | 41.5M |
| Minority Interest | -4.1M | -1.7M | -30,400 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.68 | 0.22 | 0.52 | 0.72 | 1.00 | 0.96 | 0.82 | 0.72 | -- |
| Eps Diluted | -0.68 | 0.22 | 0.52 | 0.72 | 1.00 | 0.96 | 0.82 | 0.72 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 79.4M | 181.0M | 406.0M | 243.0M | 137.0M | 110.0M | 53.0M | 34.1M | 30.4M |
| Trading Financial Assets | -- | 5.0M | 55.0M | 180.0M | 264.0M | -- | -- | -- | -- |
| Accounts Receivable | 146.0M | 118.0M | 87.0M | 63.8M | 51.2M | 47.8M | 48.9M | 47.4M | -- |
| Notes Receivable | 7.7M | 5.4M | 6.1M | 2.4M | 4.6M | 3.4M | 1.8M | 12.4M | -- |
| Notes And Accounts Receivable | 153.0M | 123.0M | 93.1M | 66.2M | 55.7M | 51.3M | 50.7M | 59.8M | 34.2M |
| Prepayments | 9.1M | 14.2M | 34.8M | 63.8M | 45.4M | 14.5M | 16.8M | 3.1M | 8.5M |
| Inventory | 94.4M | 45.0M | 69.9M | 36.7M | 26.4M | 21.6M | 37.0M | 31.7M | 41.3M |
| Total Current Assets | 424.0M | 501.0M | 712.0M | 675.0M | 648.0M | 204.0M | 158.0M | 129.0M | 117.0M |
| Long Term Equity Investment | -- | 23.1M | 5.8M | 1.2M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 408.0M | 49.7M | 55.6M | 44.8M | 45.9M | 32.0M | 33.5M | -- |
| Fixed Assets Total | 698.0M | 408.0M | 49.8M | 55.7M | 45.0M | 45.9M | 32.0M | 33.5M | 24.3M |
| Construction In Progress | -- | 307.0M | 258.0M | 43.4M | 22.6M | 4.7M | 7.3M | 1.1M | -- |
| Construction In Progress Total | 54.1M | 307.0M | 258.0M | 43.4M | 22.6M | 4.7M | 7.3M | 1.1M | -- |
| Intangible Assets | 218.0M | 60.1M | 48.8M | 59.2M | 60.6M | 27.6M | 28.4M | 21.5M | 211,900 |
| Long Term Deferred Expenses | 8.3M | 8.6M | 9.9M | 11.6M | 5.5M | 6.1M | 6.3M | 7.3M | 5.2M |
| Total Non Current Assets | 1.2B | 967.0M | 525.0M | 266.0M | 137.0M | 117.0M | 76.3M | 68.8M | 31.7M |
| Total Assets | 1.7B | 1.5B | 1.2B | 940.0M | 785.0M | 321.0M | 234.0M | 197.0M | 149.0M |
| Short Term Borrowings | 347.0M | 91.6M | 41.0M | 74.2M | 1.2M | 53.2M | -- | 15.0M | 24.0M |
| Accounts Payable | 52.3M | 45.2M | 11.4M | 3.0M | 3.5M | 6.4M | 4.4M | 14.5M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 980,100 | 3.3M | 2.8M | 5.7M |
| Contract Liabilities | 5.6M | 7.5M | 8.0M | 10.4M | 2.3M | -- | -- | -- | -- |
| Total Current Liabilities | 475.0M | 175.0M | 77.3M | 109.0M | 22.9M | 72.9M | 20.8M | 42.7M | 71.5M |
| Long Term Borrowings | 40.2M | 63.8M | 26.5M | 19.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 315.0M | 324.0M | 269.0M | 23.8M | 3.8M | 1.9M | -- | -- | -- |
| Total Liabilities | 790.0M | 499.0M | 347.0M | 132.0M | 26.8M | 74.8M | 20.8M | 42.7M | 71.5M |
| Paid In Capital | 96.0M | 96.0M | 96.0M | 96.0M | 96.0M | 72.0M | 72.0M | 72.0M | 16.0M |
| Capital Reserve | 457.0M | 458.0M | 455.0M | 455.0M | 455.0M | 46.8M | 46.8M | 46.8M | 569,400 |
| Surplus Reserve | 41.0M | 41.0M | 38.2M | 33.3M | 26.4M | 18.3M | 11.3M | 5.1M | 6.1M |
| Retained Earnings | 156.0M | 240.0M | 241.0M | 224.0M | 181.0M | 109.0M | 83.4M | 30.8M | 54.9M |
| Minority Equity | 78.8M | 73.0M | -354,300 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 800.0M | 896.0M | 891.0M | 808.0M | 758.0M | 246.0M | 214.0M | 155.0M | 77.6M |
| Total Equity | 879.0M | 969.0M | 890.0M | 808.0M | 758.0M | 246.0M | 214.0M | 155.0M | 77.6M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 452.0M | 417.0M | 379.0M | 384.0M | 359.0M | 377.0M | 375.0M | 315.0M | 297.0M |
| Tax Refunds Received | 5.0M | 2.8M | 11.5M | 4.8M | -- | 2.4M | 1,100 | 413,900 | 5.1M |
| Total Operating Cash Inflow | 462.0M | 429.0M | 401.0M | 405.0M | 372.0M | 389.0M | 379.0M | 318.0M | 303.0M |
| Cash Paid For Goods | 406.0M | 307.0M | 303.0M | 299.0M | 278.0M | 245.0M | 291.0M | 220.0M | 254.0M |
| Cash Paid To Employees | 68.8M | 50.0M | 32.3M | 29.5M | 24.7M | 25.2M | 22.8M | 19.9M | 17.1M |
| Taxes Paid | 13.7M | 11.9M | 6.9M | 15.8M | 22.1M | 20.1M | 13.8M | 14.2M | 12.8M |
| Total Operating Cash Outflow | 502.0M | 381.0M | 357.0M | 350.0M | 333.0M | 303.0M | 338.0M | 267.0M | 292.0M |
| Operating Cash Flow | -39.9M | 48.1M | 43.6M | 55.1M | 38.3M | 85.6M | 41.6M | 51.3M | 10.6M |
| Total Investing Cash Inflow | 243.0M | 1.0B | 913.0M | 881.0M | 154.0M | 88,000 | -- | 1.2M | 123,900 |
| Total Investing Cash Outflow | 483.0M | 1.4B | 1.0B | 1.0B | 440.0M | 40.7M | 7.7M | 43.9M | 10.3M |
| Investing Cash Flow | -239.0M | -389.0M | -119.0M | -126.0M | -286.0M | -40.6M | -7.7M | -42.7M | -10.2M |
| Cash From Borrowings | 407.0M | 174.0M | 383.0M | 113.0M | 1.1M | 53.2M | -- | 15.0M | 60.2M |
| Dividends And Interest Paid | 35.6M | 24.9M | 33.8M | 21.1M | 1.6M | 37.7M | 182,400 | 1.2M | 1.3M |
| Debt Repayments | 195.0M | 79.7M | 110.0M | 19.2M | 50.0M | -- | 15.0M | 28.4M | 41.8M |
| Total Financing Cash Inflow | 450.0M | 258.0M | 428.0M | 136.0M | 446.0M | 53.2M | -- | 51.2M | 86.5M |
| Total Financing Cash Outflow | 264.0M | 132.0M | 200.0M | 70.9M | 70.5M | 40.8M | 15.2M | 56.0M | 59.5M |
| Financing Cash Flow | 186.0M | 126.0M | 228.0M | 65.5M | 376.0M | 12.4M | -15.2M | -4.8M | 27.0M |
| Net Change In Cash | -92.3M | -215.0M | 154.0M | -7.3M | 128.0M | 57.3M | 18.9M | 3.7M | 27.5M |
| Ending Cash Balance | 76.9M | 169.0M | 384.0M | 231.0M | 238.0M | 110.0M | 53.0M | 34.1M | 30.4M |
| Capex | 350.0M | 364.0M | 286.0M | 136.0M | 22.5M | 40.7M | 7.7M | 22.3M | 10.3M |