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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 279.0M | 351.0M | 430.0M | 635.0M | 587.0M | 553.0M | 526.0M | 338.0M | 172.0M | 160.0M | 141.0M | 171.0M |
| Revenue Growth % | -20.5% | -18.4% | -32.3% | 8.2% | 6.1% | 5.1% | 55.6% | 96.5% | 7.5% | 13.5% | -17.5% | -- |
| Total Revenue | 279.0M | 351.0M | 430.0M | 635.0M | 587.0M | 553.0M | 526.0M | 338.0M | 172.0M | 160.0M | 141.0M | 171.0M |
| Cost Of Revenue | 208.0M | 256.0M | 300.0M | 467.0M | 429.0M | 392.0M | 379.0M | 260.0M | 126.0M | 120.0M | 98.1M | 120.0M |
| Gross Profit | 71.0M | 95.0M | 130.0M | 168.0M | 158.0M | 161.0M | 147.0M | 78.0M | 46.0M | 40.0M | 42.9M | 51.0M |
| Gross Margin % | 25.4% | 27.1% | 30.2% | 26.5% | 26.9% | 29.1% | 27.9% | 23.1% | 26.7% | 25.0% | 30.4% | 29.8% |
| Total Operating Cost | 330.0M | 362.0M | 398.0M | 565.0M | 505.0M | 480.0M | 460.0M | 312.0M | 166.0M | 155.0M | 129.0M | 159.0M |
| Selling Expenses | 12.2M | 8.8M | 13.0M | 7.5M | 5.1M | 13.1M | 11.4M | 4.9M | 5.9M | 3.7M | 4.2M | 5.8M |
| Admin Expenses | 43.3M | 42.3M | 39.9M | 35.5M | 25.9M | 28.3M | 21.6M | 16.7M | 16.3M | 20.8M | 21.0M | 21.3M |
| Rd Expenses | 11.9M | 9.8M | 12.4M | 19.8M | 20.8M | 17.0M | 15.5M | 13.6M | 8.7M | -- | -- | -- |
| Finance Expenses | 22.5M | 21.5M | 17.1M | 24.0M | 16.0M | 20.3M | 15.5M | 11.9M | 7.3M | 4.7M | 4.7M | 5.0M |
| Operating Income | -48.0M | 5.4M | 49.7M | 85.2M | 84.7M | 82.4M | 72.7M | 31.2M | 7.3M | 4.7M | 12.1M | 12.0M |
| Operating Margin % | -17.2% | 1.5% | 11.6% | 13.4% | 14.4% | 14.9% | 13.8% | 9.2% | 4.2% | 2.9% | 8.6% | 7.0% |
| Non Operating Income | 44,400 | 1.3M | 167,900 | 3,700 | 7,000 | 27,400 | -- | 775,600 | 9.5M | 2.8M | 3.1M | 2.3M |
| Non Operating Expenses | 194,900 | 51,700 | 305,200 | 27,300 | 176,400 | 643,300 | 1.4M | 1.1M | 6.8M | 100.00 | 11,000 | 353,200 |
| Investment Income | 1.6M | 3.1M | 10.0M | 6.4M | -3.0M | 2.1M | 1.9M | 2.3M | 498,400 | -- | -- | -- |
| Fair Value Change Income | -78,900 | 133,300 | -96,800 | 205,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -17,500 | 581,800 | -- | 15,500 | -- | -- | -15,000 | 5,000 | -- | -- | -- | -- |
| Asset Impairment Loss | -279,700 | -36,000 | -1.3M | -89,400 | 774,400 | -- | 12.9M | 538,500 | -2.0M | 5.0M | 265,800 | 5.6M |
| Other Income | 1.5M | 13.5M | 8.5M | 8.6M | 5.3M | 6.9M | 5.4M | 2.5M | -- | -- | -- | -- |
| Income Before Tax | -48.2M | 6.7M | 49.6M | 85.1M | 84.5M | 81.8M | 71.2M | 30.8M | 9.9M | 7.5M | 15.1M | 13.9M |
| Income Tax | -5.4M | 216,000 | 6.1M | 12.4M | 12.5M | 10.9M | 9.1M | 4.3M | 2.5M | 900,400 | 2.5M | 1.5M |
| Net Income | -42.7M | 6.4M | 43.4M | 72.8M | 72.1M | 70.8M | 62.1M | 26.6M | 7.4M | 6.6M | 12.7M | 12.4M |
| Net Margin % | -15.3% | 1.8% | 10.1% | 11.5% | 12.3% | 12.8% | 11.8% | 7.9% | 4.3% | 4.1% | 9.0% | 7.2% |
| Net Income Attributable | -41.7M | 6.5M | 43.8M | 73.3M | 72.6M | 71.0M | 62.2M | 26.6M | 7.4M | 6.6M | 12.7M | 12.4M |
| Minority Interest | -998,500 | -32,400 | -387,200 | -565,000 | -504,800 | -172,100 | -78,900 | -47,300 | -- | -- | 1,100 | -1,000 |
| Eps Basic | -0.32 | 0.05 | 0.33 | 0.56 | 1.17 | 1.15 | 1.00 | 0.47 | 0.14 | 0.14 | 0.26 | 0.25 |
| Eps Diluted | -0.32 | 0.05 | 0.33 | 0.56 | 1.17 | 1.15 | 1.00 | 0.47 | 0.14 | 0.14 | 0.26 | 0.25 |
| 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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 70.8M | 76.9M | 177.0M | 227.0M | 123.0M | 108.0M | 35.0M | 111.0M | 75.2M | 63.8M | 42.2M | 54.1M |
| Trading Financial Assets | 15.1M | 40.1M | 48.1M | 50.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 297.0M | 278.0M | 287.0M | 243.0M | 232.0M | 338.0M | 282.0M | 84.2M | 111.0M | 101.0M | 74.1M | 73.5M |
| Notes Receivable | 4.4M | 8.4M | 5.0M | 300,000 | 9.9M | 26.8M | 23.9M | 3.9M | 12.3M | 5.3M | 8.1M | 10.2M |
| Notes And Accounts Receivable | 302.0M | 287.0M | 292.0M | 243.0M | 242.0M | 365.0M | 306.0M | 88.2M | 123.0M | 106.0M | 82.1M | 83.7M |
| Prepayments | 14.9M | 6.7M | 5.1M | 11.5M | 7.8M | 11.6M | 11.7M | 12.9M | 4.5M | 2.1M | 3.0M | 3.7M |
| Inventory | 59.6M | 56.4M | 62.8M | 56.7M | 43.1M | 132.0M | 138.0M | 167.0M | 68.3M | 101.0M | 81.7M | 71.9M |
| Total Current Assets | 661.0M | 692.0M | 837.0M | 973.0M | 866.0M | 676.0M | 534.0M | 395.0M | 282.0M | 284.0M | 232.0M | 234.0M |
| Long Term Equity Investment | 67.8M | 66.9M | 65.1M | 63.6M | 78.1M | 66.8M | 30.1M | 28.2M | 3.8M | -- | -- | -- |
| Fixed Assets | -- | 139.0M | 52.5M | 60.6M | 68.4M | 62.9M | 61.2M | 66.4M | -- | 16.6M | 19.3M | 21.2M |
| Fixed Assets Total | 227.0M | 139.0M | 52.5M | 60.6M | 68.4M | 62.9M | 61.2M | 66.4M | 60.6M | 16.6M | 19.3M | 21.2M |
| Construction In Progress | -- | 78.0M | 40.2M | 22.0M | 268,900 | 15.3M | -- | -- | -- | 13.3M | 10.9M | 8.2M |
| Construction In Progress Total | -- | 78.0M | 40.2M | 22.0M | 268,900 | 15.3M | -- | -- | 10.6M | 24.0M | 22.8M | 21.7M |
| Intangible Assets | 282.0M | 288.0M | 298.0M | 219.0M | 24.0M | 24.6M | 16.3M | 27.1M | 27.8M | 27.3M | 28.1M | 23.3M |
| Long Term Deferred Expenses | 4.3M | 5.5M | 7.4M | 3.7M | 8.9M | 6.3M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.1B | 1.1B | 987.0M | 834.0M | 520.0M | 532.0M | 417.0M | 346.0M | 235.0M | 113.0M | 114.0M | 111.0M |
| Total Assets | 1.8B | 1.8B | 1.8B | 1.8B | 1.4B | 1.2B | 951.0M | 742.0M | 518.0M | 397.0M | 346.0M | 346.0M |
| Short Term Borrowings | 83.9M | 75.1M | 103.0M | 130.0M | 112.0M | 72.0M | 69.7M | 67.0M | 46.3M | 68.7M | 53.2M | 42.0M |
| Accounts Payable | 251.0M | 292.0M | 309.0M | 346.0M | 348.0M | 334.0M | 241.0M | 160.0M | 103.0M | 64.8M | 51.7M | 55.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 16.1M | 12.7M | 7.3M | 31.3M | 12.9M | 16.1M | 39.2M |
| Contract Liabilities | 15.5M | 6.6M | 32.9M | 18.2M | 12.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 447.0M | 461.0M | 524.0M | 563.0M | 562.0M | 536.0M | 408.0M | 289.0M | 219.0M | 190.0M | 141.0M | 151.0M |
| Long Term Borrowings | 466.0M | 425.0M | 412.0M | 395.0M | 267.0M | 183.0M | 137.0M | 93.0M | 53.0M | -- | 3.0M | 6.0M |
| Total Non Current Liabilities | 511.0M | 468.0M | 450.0M | 429.0M | 299.0M | 221.0M | 164.0M | 136.0M | 84.7M | 24.6M | 26.1M | 27.9M |
| Total Liabilities | 958.0M | 929.0M | 974.0M | 991.0M | 861.0M | 757.0M | 572.0M | 425.0M | 304.0M | 214.0M | 167.0M | 179.0M |
| Paid In Capital | 132.0M | 132.0M | 132.0M | 82.6M | 61.9M | 61.9M | 61.9M | 61.9M | 51.8M | 44.5M | 44.5M | 44.5M |
| Capital Reserve | 347.0M | 347.0M | 347.0M | 396.0M | 180.0M | 180.0M | 180.0M | 180.0M | 119.0M | 102.0M | 102.0M | 102.0M |
| Surplus Reserve | 39.7M | 39.7M | 39.7M | 36.1M | 28.5M | 21.1M | 14.1M | 7.6M | 4.7M | 4.5M | 3.7M | 2.5M |
| Retained Earnings | 280.0M | 325.0M | 324.0M | 294.0M | 248.0M | 182.0M | 118.0M | 62.2M | 38.4M | 31.7M | 28.8M | 17.3M |
| Minority Equity | 11.1M | 5.8M | 7.2M | 5.1M | 6.1M | 6.6M | 5.7M | 5.7M | -- | -- | -- | 8,400 |
| Equity Attributable | 805.0M | 845.0M | 843.0M | 810.0M | 519.0M | 445.0M | 374.0M | 311.0M | 214.0M | 183.0M | 179.0M | 166.0M |
| Total Equity | 816.0M | 851.0M | 850.0M | 815.0M | 525.0M | 451.0M | 379.0M | 317.0M | 214.0M | 183.0M | 179.0M | 166.0M |
| 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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 276.0M | 369.0M | 431.0M | 419.0M | 476.0M | 520.0M | 287.0M | 228.0M | 158.0M | 124.0M | 126.0M | 190.0M |
| Tax Refunds Received | -- | 20.3M | 20.7M | 1.3M | 8.6M | -- | -- | 201,100 | 694,300 | -- | -- | -- |
| Total Operating Cash Inflow | 285.0M | 410.0M | 474.0M | 438.0M | 503.0M | 530.0M | 295.0M | 251.0M | 167.0M | 139.0M | 139.0M | 195.0M |
| Cash Paid For Goods | 216.0M | 260.0M | 311.0M | 392.0M | 446.0M | 316.0M | 297.0M | 279.0M | 110.0M | 104.0M | 99.7M | 108.0M |
| Cash Paid To Employees | 60.4M | 62.5M | 61.0M | 62.9M | 51.4M | 44.0M | 34.3M | 28.9M | 20.0M | 14.9M | 10.3M | 10.7M |
| Taxes Paid | 13.3M | 14.0M | 24.7M | 34.2M | 38.9M | 36.0M | 34.4M | 22.2M | 19.0M | 3.9M | 12.8M | 14.6M |
| Total Operating Cash Outflow | 313.0M | 359.0M | 418.0M | 505.0M | 550.0M | 431.0M | 380.0M | 340.0M | 164.0M | 149.0M | 145.0M | 161.0M |
| Operating Cash Flow | -28.2M | 51.4M | 56.7M | -66.5M | -47.4M | 98.7M | -84.8M | -88.5M | 3.0M | -10.3M | -5.5M | 34.7M |
| Total Investing Cash Inflow | 131.0M | 475.0M | 763.0M | 113.0M | 3.6M | 228,600 | 776,900 | 973,400 | 287,200 | -- | -- | 2.3M |
| Total Investing Cash Outflow | 160.0M | 585.0M | 839.0M | 263.0M | 24.2M | 73.3M | 1.4M | 24.3M | 4.1M | 4.0M | 9.5M | 17.5M |
| Investing Cash Flow | -28.3M | -110.0M | -76.4M | -150.0M | -20.6M | -73.0M | -611,200 | -23.3M | -3.8M | -4.0M | -9.5M | -15.2M |
| Cash From Borrowings | 259.0M | 174.0M | 224.0M | 447.0M | 232.0M | 182.0M | 137.0M | 178.0M | 81.1M | 78.7M | 64.2M | 72.0M |
| Dividends And Interest Paid | 23.6M | 25.9M | 34.5M | 37.3M | 21.9M | 18.1M | 14.3M | 9.9M | 6.0M | 7.0M | 3.8M | 4.0M |
| Debt Repayments | 188.0M | 187.0M | 220.0M | 309.0M | 116.0M | 125.0M | 104.0M | 75.8M | 58.2M | 66.2M | 55.0M | 84.0M |
| Total Financing Cash Inflow | 262.0M | 174.0M | 226.0M | 705.0M | 234.0M | 184.0M | 137.0M | 255.0M | 81.1M | 103.0M | 64.2M | 72.0M |
| Total Financing Cash Outflow | 212.0M | 216.0M | 259.0M | 384.0M | 141.0M | 152.0M | 122.0M | 88.1M | 65.6M | 73.2M | 58.8M | 88.0M |
| Financing Cash Flow | 50.7M | -41.8M | -32.6M | 321.0M | 93.1M | 31.2M | 14.9M | 166.0M | 15.5M | 29.7M | 5.4M | -16.0M |
| Net Change In Cash | -5.8M | -101.0M | -52.3M | 104.0M | 25.1M | 56.8M | -70.5M | 54.5M | 14.8M | 15.4M | -9.6M | 3.5M |
| Ending Cash Balance | 60.7M | 66.5M | 167.0M | 219.0M | 115.0M | 89.9M | 33.0M | 103.0M | 48.9M | 50.7M | 35.2M | 44.9M |
| Capex | 56.6M | 121.0M | 88.8M | 113.0M | 6.8M | 28.6M | 1.4M | 1.8M | 4.1M | 2.5M | 9.5M | 16.0M |