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 | 816.0M | 713.0M | 641.0M | 756.0M | 714.0M | 871.0M | 861.0M | 642.0M | 585.0M | 540.0M | 481.0M | 531.0M |
| Revenue Growth % | 14.4% | 11.2% | -15.2% | 5.9% | -18.0% | 1.2% | 34.1% | 9.7% | 8.3% | 12.3% | -9.4% | -- |
| Total Revenue | 816.0M | 713.0M | 641.0M | 756.0M | 714.0M | 871.0M | 861.0M | 642.0M | 585.0M | 540.0M | 481.0M | 531.0M |
| Cost Of Revenue | 702.0M | 605.0M | 520.0M | 607.0M | 562.0M | 639.0M | 633.0M | 470.0M | 442.0M | 416.0M | 372.0M | 436.0M |
| Gross Profit | 114.0M | 108.0M | 121.0M | 149.0M | 152.0M | 232.0M | 228.0M | 172.0M | 143.0M | 124.0M | 109.0M | 95.0M |
| Gross Margin % | 14.0% | 15.1% | 18.9% | 19.7% | 21.3% | 26.6% | 26.5% | 26.8% | 24.4% | 23.0% | 22.7% | 17.9% |
| Total Operating Cost | 839.0M | 730.0M | 618.0M | 712.0M | 657.0M | 779.0M | 765.0M | 587.0M | 534.0M | 498.0M | 443.0M | 491.0M |
| Selling Expenses | 11.4M | 9.6M | 9.0M | 8.3M | 7.1M | 44.9M | 41.4M | 31.3M | 25.4M | 21.9M | 19.4M | 22.0M |
| Admin Expenses | 53.2M | 45.2M | 40.1M | 42.5M | 33.1M | 35.1M | 32.7M | 40.9M | 23.1M | 22.1M | 33.3M | 17.2M |
| Rd Expenses | 33.7M | 31.9M | 33.5M | 37.6M | 34.5M | 39.5M | 38.7M | 26.7M | 22.9M | 21.7M | -- | -- |
| Finance Expenses | 18.9M | 18.1M | 10.9M | 11.1M | 15.7M | 15.2M | 13.2M | 15.9M | 13.9M | 14.1M | 16.0M | 15.5M |
| Operating Income | -8.5M | -11.4M | 31.6M | 55.4M | 69.7M | 97.9M | 102.0M | 65.0M | 50.4M | 41.7M | 38.0M | 40.6M |
| Operating Margin % | -1.0% | -1.6% | 4.9% | 7.3% | 9.8% | 11.2% | 11.8% | 10.1% | 8.6% | 7.7% | 7.9% | 7.6% |
| Non Operating Income | 1.4M | 87,400 | 53,200 | 10,100 | 3.8M | 23,100 | 113,500 | 16,400 | 8.1M | 5.2M | 3.1M | 1.3M |
| Non Operating Expenses | 47,300 | 168,300 | 64,200 | 9,800 | 403,100 | 131,800 | 130,300 | 678,900 | 225,300 | 74,200 | 19,300 | 19,100 |
| Investment Income | -- | 260,100 | -- | 1.2M | -- | -- | 112,000 | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | -285,100 | 285,100 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 581,400 | 2,300 | -818,300 | -132,700 | 27,700 | -54,400 | 31,600 | -242,700 | -48,200 | -645,600 | -- | -- |
| Asset Impairment Loss | 8.7M | 11.2M | -- | -- | -- | -- | 1.3M | -1.3M | 3.2M | -49,000 | 1.6M | -651,500 |
| Other Income | 13.6M | 5.1M | 9.4M | 10.4M | 11.8M | 5.8M | 5.8M | 9.9M | -- | -- | -- | -- |
| Income Before Tax | -7.2M | -11.5M | 31.6M | 55.4M | 73.1M | 97.8M | 102.0M | 64.4M | 58.3M | 46.8M | 41.1M | 41.8M |
| Income Tax | -4.3M | -4.1M | 326,300 | 4.0M | 7.8M | 11.8M | 13.2M | 7.1M | 7.9M | 6.0M | 5.8M | 9.4M |
| Net Income | -2.8M | -7.4M | 31.3M | 51.4M | 65.3M | 86.0M | 88.8M | 57.3M | 50.3M | 40.8M | 35.3M | 32.4M |
| Net Margin % | -0.3% | -1.0% | 4.9% | 6.8% | 9.1% | 9.9% | 10.3% | 8.9% | 8.6% | 7.6% | 7.3% | 6.1% |
| Net Income Attributable | -3.8M | -7.1M | 31.3M | 51.4M | 65.3M | 86.0M | 88.8M | 57.3M | 50.3M | 40.8M | 35.3M | 32.4M |
| Minority Interest | 935,700 | -333,600 | -48,000 | -2,800 | -- | -- | -- | -- | -- | -3.00 | -2.00 | 0.00 |
| Eps Basic | -0.01 | -0.02 | 0.09 | 0.15 | 0.23 | 0.33 | 0.36 | 0.26 | 0.26 | 0.23 | 0.23 | 0.22 |
| Eps Diluted | -0.01 | -0.02 | 0.09 | 0.15 | 0.23 | 0.33 | 0.36 | 0.26 | 0.26 | 0.23 | 0.23 | 0.22 |
| 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 | 578.0M | 561.0M | 421.0M | 513.0M | 539.0M | 332.0M | 253.0M | 111.0M | 61.1M | 10.9M | 66.9M | 33.0M |
| Trading Financial Assets | -- | -- | -- | -- | 120.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 182.0M | 149.0M | 147.0M | 160.0M | 153.0M | 133.0M | 119.0M | 93.5M | -- | -- | 59.9M | 36.0M |
| Notes Receivable | -- | -- | -- | 620,000 | -- | 9.4M | 11.6M | 10.5M | -- | -- | 27.7M | 70.8M |
| Notes And Accounts Receivable | 182.0M | 149.0M | 147.0M | 160.0M | 153.0M | 143.0M | 131.0M | 104.0M | 152.0M | 111.0M | 87.7M | 107.0M |
| Prepayments | 64.4M | 63.1M | 83.3M | 100.0M | 72.6M | 56.2M | 49.7M | 43.7M | 47.8M | 64.6M | 87.4M | 53.9M |
| Inventory | 367.0M | 352.0M | 379.0M | 337.0M | 264.0M | 209.0M | 211.0M | 190.0M | 119.0M | 157.0M | 159.0M | 123.0M |
| Total Current Assets | 1.2B | 1.1B | 1.0B | 1.1B | 1.2B | 770.0M | 657.0M | 462.0M | 388.0M | 347.0M | 408.0M | 319.0M |
| Fixed Assets | -- | 862.0M | 491.0M | 398.0M | 427.0M | 461.0M | 432.0M | 408.0M | -- | 180.0M | 188.0M | 198.0M |
| Fixed Assets Total | 793.0M | 862.0M | 491.0M | 398.0M | 427.0M | 461.0M | 432.0M | 408.0M | 168.0M | 180.0M | 188.0M | 198.0M |
| Construction In Progress | -- | 733,200 | 311.0M | 281.0M | 26.6M | 1.2M | 44.4M | 55.1M | -- | 71.9M | 14.2M | 15.6M |
| Construction In Progress Total | 37.8M | 733,200 | 311.0M | 281.0M | 26.6M | 1.2M | 44.4M | 55.1M | 152.0M | 71.9M | 14.2M | 15.6M |
| Intangible Assets | 115.0M | 105.0M | 153.0M | 112.0M | 122.0M | 26.6M | 26.0M | 20.5M | 20.7M | 20.6M | 21.1M | 6.2M |
| Long Term Deferred Expenses | 7.2M | 8.9M | 3.6M | 4.9M | 3.6M | 4.2M | 3.0M | 4.5M | 4.2M | 6.0M | 7.8M | 1.2M |
| Total Non Current Assets | 1.1B | 996.0M | 1.0B | 878.0M | 615.0M | 505.0M | 517.0M | 533.0M | 496.0M | 322.0M | 262.0M | 223.0M |
| Total Assets | 2.3B | 2.1B | 2.0B | 2.0B | 1.8B | 1.3B | 1.2B | 995.0M | 884.0M | 669.0M | 670.0M | 542.0M |
| Short Term Borrowings | 363.0M | 295.0M | 234.0M | 284.0M | 269.0M | 215.0M | 180.0M | 209.0M | 180.0M | 198.0M | 137.0M | 113.0M |
| Accounts Payable | 68.7M | 61.0M | 14.4M | 23.0M | 22.9M | 27.7M | 30.7M | 34.8M | -- | -- | 48.8M | 44.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 380,700 | 278,100 | 8.3M | 671,600 | 302,100 | 385,700 | 328,500 |
| Contract Liabilities | 97,300 | 175,500 | 150,800 | 52,200 | 70,700 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 507.0M | 427.0M | 262.0M | 377.0M | 374.0M | 294.0M | 266.0M | 314.0M | 262.0M | 256.0M | 377.0M | 248.0M |
| Long Term Borrowings | 287.0M | 264.0M | 275.0M | 138.0M | -- | 26.0M | 41.0M | 53.0M | 59.0M | -- | -- | 57.8M |
| Total Non Current Liabilities | 324.0M | 297.0M | 353.0M | 217.0M | 33.1M | 37.8M | 50.1M | 59.6M | 63.5M | 4.1M | 3.4M | 60.6M |
| Total Liabilities | 831.0M | 725.0M | 615.0M | 594.0M | 407.0M | 331.0M | 316.0M | 374.0M | 325.0M | 260.0M | 380.0M | 308.0M |
| Paid In Capital | 346.0M | 346.0M | 346.0M | 346.0M | 346.0M | 260.0M | 260.0M | 221.0M | 221.0M | 192.0M | 160.0M | 151.0M |
| Capital Reserve | 553.0M | 561.0M | 561.0M | 561.0M | 561.0M | 289.0M | 289.0M | 178.0M | 173.0M | 105.0M | 57.3M | 46.7M |
| Surplus Reserve | 37.9M | 36.9M | 36.0M | 33.4M | 30.1M | 25.9M | 21.0M | 15.9M | 11.9M | 8.4M | 5.4M | 2.9M |
| Retained Earnings | 481.0M | 489.0M | 501.0M | 475.0M | 431.0M | 370.0M | 289.0M | 205.0M | 152.0M | 105.0M | 67.0M | 34.2M |
| Minority Equity | 5.5M | 4.6M | 3.9M | 4.0M | -- | -- | -- | -- | -- | -- | -2.00 | 0.00 |
| Equity Attributable | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 944.0M | 858.0M | 621.0M | 558.0M | 409.0M | 290.0M | 234.0M |
| Total Equity | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 944.0M | 858.0M | 621.0M | 558.0M | 409.0M | 290.0M | 234.0M |
| 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 | 840.0M | 760.0M | 650.0M | 779.0M | 718.0M | 865.0M | 885.0M | 739.0M | 569.0M | 506.0M | 458.0M | 456.0M |
| Tax Refunds Received | 3.2M | 1.3M | 11.3M | 1.2M | 4.3M | 8.3M | 5.1M | 4.6M | 5.4M | 4.8M | 1.9M | 470,300 |
| Total Operating Cash Inflow | 931.0M | 811.0M | 714.0M | 896.0M | 756.0M | 910.0M | 930.0M | 759.0M | 584.0M | 579.0M | 473.0M | 551.0M |
| Cash Paid For Goods | 652.0M | 472.0M | 533.0M | 684.0M | 532.0M | 647.0M | 689.0M | 530.0M | 484.0M | 530.0M | 312.0M | 466.0M |
| Cash Paid To Employees | 74.8M | 64.2M | 60.3M | 53.8M | 43.2M | 50.6M | 51.0M | 43.6M | 30.0M | 26.5M | 25.0M | 20.8M |
| Taxes Paid | 16.6M | 20.0M | 32.3M | 27.1M | 30.0M | 30.6M | 35.1M | 33.2M | 36.6M | 28.5M | 13.0M | 11.5M |
| Total Operating Cash Outflow | 802.0M | 662.0M | 664.0M | 840.0M | 688.0M | 792.0M | 857.0M | 683.0M | 583.0M | 616.0M | 435.0M | 617.0M |
| Operating Cash Flow | 129.0M | 149.0M | 50.8M | 55.7M | 67.2M | 117.0M | 72.8M | 75.3M | 1.1M | -37.2M | 38.5M | -65.2M |
| Total Investing Cash Inflow | 1.1M | 9.3M | 8.0M | 129.0M | 305,400 | 127,200 | 31.1M | 40,000 | 10,000 | 35,200 | 2.3M | 79.7M |
| Total Investing Cash Outflow | 157.0M | 99.4M | 180.0M | 353.0M | 234.0M | 29.2M | 61.3M | 47.1M | 137.0M | 37.9M | 27.0M | 89.6M |
| Investing Cash Flow | -156.0M | -90.1M | -172.0M | -224.0M | -234.0M | -29.1M | -30.3M | -47.1M | -137.0M | -37.9M | -24.7M | -9.9M |
| Cash From Borrowings | 431.0M | 340.0M | 482.0M | 476.0M | 334.0M | 269.0M | 205.0M | 224.0M | 240.0M | 289.0M | 174.0M | 176.0M |
| Dividends And Interest Paid | 23.7M | 21.9M | 24.9M | 16.3M | 16.2M | 15.2M | 13.8M | 15.8M | 16.4M | 14.0M | 16.6M | 16.4M |
| Debt Repayments | 344.0M | 271.0M | 393.0M | 324.0M | 321.0M | 247.0M | 240.0M | 196.0M | 198.0M | 250.0M | 203.0M | 104.0M |
| Total Financing Cash Inflow | 443.0M | 344.0M | 482.0M | 480.0M | 712.0M | 269.0M | 353.0M | 299.0M | 598.0M | 368.0M | 247.0M | 256.0M |
| Total Financing Cash Outflow | 368.0M | 305.0M | 430.0M | 340.0M | 354.0M | 265.0M | 254.0M | 306.0M | 412.0M | 291.0M | 275.0M | 170.0M |
| Financing Cash Flow | 75.1M | 39.7M | 51.5M | 140.0M | 358.0M | 4.5M | 99.4M | -6.8M | 186.0M | 76.6M | -28.2M | 85.3M |
| Net Change In Cash | 48.5M | 98.9M | -69.6M | -28.6M | 191.0M | 92.7M | 142.0M | 21.0M | 50.3M | 2.0M | -14.3M | 10.3M |
| Ending Cash Balance | 557.0M | 509.0M | 410.0M | 479.0M | 508.0M | 317.0M | 224.0M | 82.1M | 61.1M | 10.9M | 8.9M | 23.3M |
| Capex | 154.0M | 99.4M | 180.0M | 317.0M | 30.2M | 29.2M | 30.5M | 47.1M | 137.0M | 35.7M | 27.0M | 1.7M |