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 | 1.7B | 1.7B | 1.5B | 1.6B | 955.0M | 1.0B | 906.0M | 825.0M | 628.0M | 569.0M | 609.0M |
| Revenue Growth % | 0.5% | 9.3% | -2.6% | 62.6% | -4.7% | 10.6% | 9.8% | 31.4% | 10.4% | -6.6% | -- |
| Total Revenue | 1.7B | 1.7B | 1.5B | 1.6B | 955.0M | 1.0B | 906.0M | 825.0M | 628.0M | 569.0M | 609.0M |
| Cost Of Revenue | 1.5B | 1.5B | 1.4B | 1.2B | 763.0M | 770.0M | 694.0M | 597.0M | 503.0M | 497.0M | 516.0M |
| Gross Profit | 128.0M | 152.0M | 126.0M | 368.0M | 192.0M | 232.0M | 212.0M | 228.0M | 125.0M | 72.0M | 93.0M |
| Gross Margin % | 7.7% | 9.2% | 8.3% | 23.7% | 20.1% | 23.2% | 23.4% | 27.6% | 19.9% | 12.7% | 15.3% |
| Total Operating Cost | 1.7B | 1.6B | 1.5B | 1.3B | 853.0M | 898.0M | 816.0M | 730.0M | 604.0M | 591.0M | 615.0M |
| Selling Expenses | 8.2M | 8.1M | 5.8M | 5.1M | 4.2M | 26.4M | 25.2M | 22.8M | 18.3M | 17.9M | 17.8M |
| Admin Expenses | 60.1M | 51.5M | 47.8M | 61.6M | 46.0M | 53.6M | 51.7M | 64.3M | 40.4M | 51.1M | 50.2M |
| Rd Expenses | 50.8M | 50.3M | 43.2M | 44.0M | 27.7M | 29.5M | 26.7M | 24.6M | 18.8M | -- | -- |
| Finance Expenses | 16.1M | 5.4M | 2.6M | 1.1M | 4.8M | 6.6M | 9.5M | 12.7M | 15.8M | 19.3M | 26.2M |
| Operating Income | 851,000 | 46.6M | 14.9M | 251.0M | 106.0M | 117.0M | 93.7M | 107.0M | 23.8M | -21.7M | -5.4M |
| Operating Margin % | 0.1% | 2.8% | 1.0% | 16.2% | 11.1% | 11.7% | 10.3% | 13.0% | 3.8% | -3.8% | -0.9% |
| Non Operating Income | 66,500 | 150,200 | 15,100 | 48,000 | 1.00 | 79,300 | 35,100 | 504,500 | 2.1M | 2.3M | 5.8M |
| Non Operating Expenses | 3.4M | 4.1M | 8.8M | 14.6M | 1.9M | 3.8M | 3.7M | 2.8M | 4.7M | 1.2M | 1.3M |
| Investment Income | -766,400 | 558,400 | -380,900 | 45,400 | -- | -- | -- | 7.7M | -740,900 | -410,200 | 549,700 |
| Fair Value Change Income | -152,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 2.6M | -- | -- | -- | 7.1M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 303,500 | -- | 10.6M | 413,200 | -- | 542,900 | 1.2M | 1.7M | 997,900 | 480,600 | 692,700 |
| Other Income | 17.2M | 12.4M | 3.6M | 5.2M | 4.8M | 5.8M | 3.0M | 4.1M | -- | -- | -- |
| Income Before Tax | -2.5M | 42.7M | 6.2M | 237.0M | 104.0M | 114.0M | 90.0M | 105.0M | 21.2M | -20.7M | -883,500 |
| Income Tax | -6.9M | 1.4M | -8.2M | 39.5M | 15.2M | 15.5M | 8.1M | 17.6M | 6.5M | -395,600 | -1.0M |
| Net Income | 4.4M | 41.3M | 14.4M | 197.0M | 89.1M | 98.1M | 81.9M | 87.0M | 14.6M | -20.3M | 146,600 |
| Net Margin % | 0.3% | 2.5% | 0.9% | 12.7% | 9.3% | 9.8% | 9.0% | 10.5% | 2.3% | -3.6% | 0.0% |
| Net Income Attributable | 4.4M | 41.0M | 14.2M | 197.0M | 89.1M | 98.1M | 81.9M | 87.1M | 14.6M | -13.3M | 7.4M |
| Minority Interest | -14,100 | 234,500 | 191,700 | -- | -- | -46.00 | -5,100 | -67,300 | -4,800 | -7.0M | -7.3M |
| Eps Basic | 0.01 | 0.10 | 0.04 | 0.49 | 0.27 | 0.33 | 0.27 | 0.29 | 0.05 | -0.04 | 0.02 |
| Eps Diluted | 0.01 | 0.10 | 0.04 | 0.49 | 0.27 | 0.33 | 0.27 | 0.29 | 0.05 | -0.04 | 0.02 |
| 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 | 178.0M | 320.0M | 553.0M | 324.0M | 281.0M | 73.8M | 39.8M | 67.4M | 58.5M | 42.6M | 33.8M |
| Trading Financial Assets | -- | -- | 51.7M | 20.0M | 50.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 80.0M | 72.2M | 69.7M | 91.9M | 58.8M | 53.0M | 55.6M | 53.2M | -- | 65.9M | 71.8M |
| Notes Receivable | 232.0M | 221.0M | 218.0M | 227.0M | 20.4M | 764,800 | 106.0M | 76.3M | -- | 31.9M | 34.9M |
| Notes And Accounts Receivable | 312.0M | 293.0M | 288.0M | 319.0M | 79.3M | 53.7M | 162.0M | 130.0M | 122.0M | 97.8M | 107.0M |
| Prepayments | 21.3M | 53.2M | 66.1M | 34.2M | 25.1M | 9.0M | 15.2M | 4.4M | 31.6M | 15.5M | 15.0M |
| Inventory | 385.0M | 262.0M | 361.0M | 266.0M | 170.0M | 116.0M | 195.0M | 145.0M | 113.0M | 122.0M | 143.0M |
| Total Current Assets | 963.0M | 1.0B | 1.4B | 1.0B | 777.0M | 436.0M | 416.0M | 354.0M | 331.0M | 299.0M | 341.0M |
| Long Term Equity Investment | 3.5M | -- | -- | -- | -- | -- | -- | -- | -- | 10.1M | 10.4M |
| Fixed Assets | -- | 829.0M | 625.0M | 551.0M | 439.0M | 447.0M | 465.0M | 496.0M | -- | 535.0M | 586.0M |
| Fixed Assets Total | 1.1B | 829.0M | 625.0M | 551.0M | 439.0M | 447.0M | 465.0M | 496.0M | 499.0M | 535.0M | 586.0M |
| Construction In Progress | -- | 534.0M | 300.0M | 110.0M | 85.7M | 28.2M | 19.0M | -- | -- | 15.3M | 8.3M |
| Construction In Progress Total | 547.0M | 534.0M | 300.0M | 110.0M | 85.7M | 28.2M | 19.0M | 3.7M | 15.6M | 15.3M | 8.3M |
| Intangible Assets | 127.0M | 131.0M | 95.1M | 90.8M | 74.4M | 72.9M | 79.4M | 79.9M | 95.3M | 103.0M | 99.7M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | -- | 71,200 | 84,400 | 338,000 |
| Total Non Current Assets | 1.8B | 1.6B | 1.1B | 817.0M | 615.0M | 555.0M | 573.0M | 588.0M | 621.0M | 683.0M | 724.0M |
| Total Assets | 2.8B | 2.6B | 2.4B | 1.8B | 1.4B | 991.0M | 989.0M | 943.0M | 951.0M | 982.0M | 1.1B |
| Short Term Borrowings | 401.0M | 345.0M | 298.0M | 193.0M | 71.3M | 48.8M | 138.0M | 169.0M | 176.0M | 190.0M | 289.0M |
| Accounts Payable | 201.0M | 157.0M | 105.0M | 68.9M | 100.0M | 122.0M | 143.0M | 125.0M | -- | 73.8M | 102.0M |
| Advance Receipts | 1.4M | 919,800 | 1.4M | 370,300 | 239,300 | 18.5M | 18.9M | 11.1M | 11.0M | 8.8M | 4.4M |
| Contract Liabilities | 24.7M | 12.4M | 30.4M | 20.1M | 23.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 818.0M | 750.0M | 649.0M | 489.0M | 233.0M | 215.0M | 316.0M | 330.0M | 355.0M | 364.0M | 479.0M |
| Long Term Borrowings | 147.0M | 33.5M | 22.7M | 9.7M | -- | 28.0M | 16.9M | 14.2M | -- | 9.8M | 22.4M |
| Total Non Current Liabilities | 620.0M | 485.0M | 456.0M | 26.1M | 17.5M | 48.0M | 38.9M | 30.2M | 57.4M | 94.4M | 43.9M |
| Total Liabilities | 1.4B | 1.2B | 1.1B | 515.0M | 251.0M | 263.0M | 355.0M | 360.0M | 412.0M | 458.0M | 523.0M |
| Paid In Capital | 400.0M | 400.0M | 400.0M | 400.0M | 400.0M | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M | 300.0M |
| Capital Reserve | 383.0M | 381.0M | 381.0M | 381.0M | 381.0M | 157.0M | 157.0M | 157.0M | 157.0M | 164.0M | 164.0M |
| Surplus Reserve | 55.0M | 53.9M | 50.9M | 50.9M | 39.5M | 32.6M | 24.8M | 18.7M | 9.9M | 7.4M | 7.4M |
| Retained Earnings | 462.0M | 470.0M | 440.0M | 466.0M | 311.0M | 228.0M | 138.0M | 92.1M | 58.9M | 46.8M | 60.1M |
| Minority Equity | -- | 2.4M | 191,700 | -- | -- | -- | 522,700 | 527,900 | 1.1M | 581,600 | 6.0M |
| Equity Attributable | 1.3B | 1.4B | 1.3B | 1.3B | 1.1B | 728.0M | 634.0M | 582.0M | 538.0M | 523.0M | 536.0M |
| Total Equity | 1.3B | 1.4B | 1.3B | 1.3B | 1.1B | 728.0M | 634.0M | 582.0M | 539.0M | 524.0M | 542.0M |
| 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 | 1.3B | 1.2B | 1.2B | 1.2B | 756.0M | 692.0M | 654.0M | 590.0M | 447.0M | 399.0M | 471.0M |
| Tax Refunds Received | 37.0M | 13.4M | 27.9M | -- | -- | -- | -- | -- | 3,600 | 16,700 | -- |
| Total Operating Cash Inflow | 1.3B | 1.3B | 1.3B | 1.3B | 760.0M | 697.0M | 660.0M | 600.0M | 465.0M | 406.0M | 484.0M |
| Cash Paid For Goods | 1.1B | 927.0M | 1.1B | 869.0M | 524.0M | 371.0M | 424.0M | 302.0M | 241.0M | 200.0M | 249.0M |
| Cash Paid To Employees | 123.0M | 107.0M | 108.0M | 99.2M | 77.2M | 75.9M | 69.3M | 66.3M | 65.5M | 61.3M | 62.2M |
| Taxes Paid | 17.3M | 37.2M | 41.3M | 80.8M | 51.3M | 65.9M | 55.4M | 60.6M | 43.6M | 43.2M | 28.6M |
| Total Operating Cash Outflow | 1.3B | 1.1B | 1.3B | 1.1B | 696.0M | 559.0M | 594.0M | 469.0M | 380.0M | 334.0M | 377.0M |
| Operating Cash Flow | 19.8M | 164.0M | 1.9M | 174.0M | 64.6M | 139.0M | 66.4M | 131.0M | 85.3M | 72.7M | 107.0M |
| Total Investing Cash Inflow | 95.7M | 92.7M | 24.7M | 51.5M | 35,600 | 13.7M | -- | 49.9M | 17.2M | 1.5M | -- |
| Total Investing Cash Outflow | 344.0M | 663.0M | 358.0M | 279.0M | 168.0M | 37.6M | 34.1M | 63.3M | 30.4M | 15.9M | 30.7M |
| Investing Cash Flow | -249.0M | -570.0M | -333.0M | -227.0M | -168.0M | -23.9M | -34.1M | -13.4M | -13.3M | -14.4M | -30.7M |
| Cash From Borrowings | 571.0M | 422.0M | 365.0M | 221.0M | 90.2M | 81.3M | 275.0M | 298.0M | 240.0M | 268.0M | 670.0M |
| Dividends And Interest Paid | 28.2M | 20.8M | 50.1M | 33.6M | 2.1M | 6.8M | 38.7M | 55.3M | 9.7M | 11.1M | 24.3M |
| Debt Repayments | 388.0M | 322.0M | 234.0M | 89.7M | 105.0M | 150.0M | 293.0M | 284.0M | 249.0M | 381.0M | 741.0M |
| Total Financing Cash Inflow | 573.0M | 424.0M | 853.0M | 221.0M | 428.0M | 81.3M | 275.0M | 335.0M | 245.0M | 433.0M | 698.0M |
| Total Financing Cash Outflow | 436.0M | 343.0M | 284.0M | 134.0M | 118.0M | 163.0M | 335.0M | 408.0M | 301.0M | 490.0M | 783.0M |
| Financing Cash Flow | 137.0M | 80.9M | 569.0M | 87.1M | 310.0M | -81.4M | -60.4M | -73.0M | -56.1M | -56.2M | -85.4M |
| Net Change In Cash | -87.8M | -325.0M | 238.0M | 33.7M | 207.0M | 34.0M | -27.6M | 43.9M | 16.0M | 2.4M | -9.3M |
| Ending Cash Balance | 140.0M | 228.0M | 553.0M | 314.0M | 281.0M | 73.8M | 39.8M | 67.4M | 23.5M | 7.6M | 5.2M |
| Capex | 296.0M | 533.0M | 306.0M | 259.0M | 118.0M | 37.6M | 34.1M | 49.2M | 30.4M | 15.8M | 30.6M |