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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 797.0M | 1.2B | 1.3B | 1.1B | 1.0B | 1.1B | 1.0B | 814.0M | 1.1B | 445.0M | 416.0M | 366.0M | 366.0M |
| Revenue Growth % | -36.1% | -1.8% | 17.5% | 4.1% | -7.2% | 9.5% | 25.6% | -24.2% | 141.3% | 7.0% | 13.7% | 0.0% | -- |
| Total Revenue | 797.0M | 1.2B | 1.3B | 1.1B | 1.0B | 1.1B | 1.0B | 814.0M | 1.1B | 445.0M | 416.0M | 366.0M | 366.0M |
| Cost Of Revenue | 622.0M | 952.0M | 993.0M | 827.0M | 814.0M | 880.0M | 820.0M | 597.0M | 871.0M | 322.0M | 299.0M | 255.0M | 267.0M |
| Gross Profit | 175.0M | 295.0M | 277.0M | 254.0M | 224.0M | 239.0M | 202.0M | 217.0M | 203.0M | 123.0M | 117.0M | 111.0M | 99.0M |
| Gross Margin % | 22.0% | 23.7% | 21.8% | 23.5% | 21.6% | 21.4% | 19.8% | 26.7% | 18.9% | 27.6% | 28.1% | 30.3% | 27.0% |
| Total Operating Cost | 886.0M | 1.2B | 1.2B | 1.0B | 969.0M | 1.0B | 982.0M | 738.0M | 996.0M | 417.0M | 372.0M | 326.0M | 336.0M |
| Selling Expenses | 32.7M | 31.0M | 29.4M | 29.6M | 30.9M | 30.2M | 27.3M | 28.5M | 22.9M | 18.8M | 14.7M | 11.5M | 9.9M |
| Admin Expenses | 80.0M | 85.4M | 70.5M | 64.7M | 64.4M | 71.3M | 70.6M | 75.5M | 71.0M | 53.0M | 46.2M | 42.3M | 42.6M |
| Rd Expenses | 31.2M | 41.0M | 38.2M | 36.1M | 29.2M | 23.8M | 20.5M | 16.9M | -- | -- | -- | -- | -- |
| Finance Expenses | 1.2M | 865,500 | -27,600 | -329,000 | 586,300 | 17.9M | 18.3M | 15.6M | 14.1M | 8.8M | 3.6M | 2.2M | 6.9M |
| Operating Income | -66.0M | 64.2M | 97.9M | 97.9M | 93.4M | 87.1M | 50.2M | 81.2M | 76.7M | 28.1M | 43.5M | 44.7M | 30.5M |
| Operating Margin % | -8.3% | 5.2% | 7.7% | 9.1% | 9.0% | 7.8% | 4.9% | 10.0% | 7.1% | 6.3% | 10.5% | 12.2% | 8.3% |
| Non Operating Income | 2.1M | 1.1M | 980,100 | 2.00 | 13,700 | 17,600 | 44,500 | 9,200 | 4.4M | 5.9M | 796,200 | 1.1M | 220,100 |
| Non Operating Expenses | 2.5M | 614,700 | 209,700 | 410,000 | 1.3M | 15,600 | 473,200 | 1.3M | 800.00 | 147,900 | 34,900 | 35,800 | 114,400 |
| Investment Income | 5.9M | 8.4M | 19.6M | 15.8M | 15.9M | 11.0M | 8.6M | 3.6M | -1.3M | 27,400 | -1.3M | 5.2M | 46,400 |
| Fair Value Change Income | 4.1M | 5.2M | 6.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 28,600 | -- | -- | 307,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 27.4M | 51.9M | 38.8M | 26.3M | 21.8M | -- | 21.1M | 1.6M | 11.3M | 5.8M | -975,300 | 5.5M | 45,700 |
| Other Income | 13.1M | 14.3M | 13.2M | 15.9M | 8.4M | 2.9M | 1.6M | 1.7M | -- | -- | -- | -- | -- |
| Income Before Tax | -66.5M | 64.7M | 98.7M | 97.5M | 92.2M | 87.1M | 49.8M | 80.0M | 81.0M | 33.8M | 44.3M | 45.7M | 30.6M |
| Income Tax | -17.5M | -6.2M | -2.3M | 9.2M | 8.7M | 11.7M | 5.1M | 10.9M | 12.6M | 5.4M | 7.1M | 6.9M | 5.3M |
| Net Income | -49.0M | 70.9M | 101.0M | 88.3M | 83.5M | 75.4M | 44.7M | 69.1M | 68.4M | 28.4M | 37.2M | 38.9M | 25.3M |
| Net Margin % | -6.1% | 5.7% | 8.0% | 8.2% | 8.0% | 6.7% | 4.4% | 8.5% | 6.4% | 6.4% | 8.9% | 10.6% | 6.9% |
| Net Income Attributable | -53.4M | 68.3M | 97.8M | 88.9M | 83.3M | 78.1M | 46.6M | 68.8M | 69.1M | 29.7M | 38.2M | 39.0M | 25.4M |
| Minority Interest | 4.4M | 2.6M | 3.2M | -671,200 | 204,300 | -2.7M | -1.9M | 307,000 | -646,100 | -1.3M | -952,100 | -108,400 | -68,300 |
| Eps Basic | -0.34 | 0.46 | 0.69 | 0.67 | 0.78 | 0.74 | 0.49 | 0.72 | 0.72 | 0.31 | 0.40 | 0.41 | -- |
| Eps Diluted | -0.34 | 0.46 | 0.69 | 0.67 | 0.78 | 0.74 | 0.49 | 0.72 | 0.72 | 0.31 | 0.40 | -- | -- |
| 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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 344.0M | 391.0M | 307.0M | 335.0M | 261.0M | 293.0M | 468.0M | 326.0M | 264.0M | 190.0M | 68.2M | 116.0M | 108.0M |
| Trading Financial Assets | 7.5M | 5.2M | 6.0M | 95.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 971.0M | 865.0M | 689.0M | 458.0M | 475.0M | 879.0M | 564.0M | 591.0M | 446.0M | 194.0M | 195.0M | 110.0M | 48.8M |
| Notes Receivable | 1.2M | 594,000 | 10.2M | 7.8M | 6.4M | 13.4M | 102.0M | 104.0M | 11.3M | -- | -- | -- | 664,600 |
| Notes And Accounts Receivable | 972.0M | 866.0M | 699.0M | 465.0M | 482.0M | 893.0M | 666.0M | 694.0M | 458.0M | 194.0M | 195.0M | 110.0M | 49.4M |
| Prepayments | 5.9M | 9.1M | 20.5M | 66.6M | 44.3M | 34.5M | 43.0M | 35.0M | 23.3M | 10.9M | 3.8M | 1.8M | 24.9M |
| Inventory | 14.7M | 9.8M | 11.3M | 10.2M | 8.9M | 640.0M | 671.0M | 434.0M | 551.0M | 457.0M | 306.0M | 138.0M | 62.5M |
| Total Current Assets | 2.7B | 2.9B | 2.6B | 2.3B | 1.8B | 2.0B | 1.9B | 1.6B | 1.3B | 874.0M | 594.0M | 403.0M | 286.0M |
| Long Term Equity Investment | 81.9M | 87.7M | 90.8M | 72.4M | 53.8M | 32.4M | 34.4M | 28.4M | 23.7M | 18.4M | 12.2M | 13.7M | -- |
| Fixed Assets | -- | 188.0M | 203.0M | 112.0M | 130.0M | 72.4M | 67.4M | 50.3M | 55.5M | 59.3M | 50.1M | 54.8M | 59.0M |
| Fixed Assets Total | 161.0M | 188.0M | 203.0M | 112.0M | 130.0M | 72.4M | 67.4M | 50.3M | 55.5M | 59.3M | 50.1M | 54.8M | 59.0M |
| Construction In Progress | -- | -- | 10.0M | -- | -- | 33.9M | 14.1M | 6.8M | -- | 3.0M | 1.5M | -- | -- |
| Construction In Progress Total | 2.3M | -- | 10.0M | -- | -- | 33.9M | 14.1M | 6.8M | -- | 3.0M | 1.5M | -- | -- |
| Intangible Assets | 9.1M | 19.5M | 18.5M | 1.2M | 1.5M | 1.5M | 1.3M | 1.3M | 951,100 | 1.1M | 1.0M | 400,800 | 31.1M |
| Long Term Deferred Expenses | 1.7M | 694,100 | 605,100 | 3.3M | 6.6M | 7.4M | 1.4M | 1.0M | 1.1M | 1.1M | 2.0M | 972,100 | 934,800 |
| Total Non Current Assets | 339.0M | 370.0M | 385.0M | 245.0M | 229.0M | 192.0M | 130.0M | 96.1M | 85.7M | 85.5M | 68.7M | 71.2M | 91.1M |
| Total Assets | 3.1B | 3.2B | 3.0B | 2.5B | 2.1B | 2.1B | 2.1B | 1.7B | 1.4B | 959.0M | 662.0M | 474.0M | 377.0M |
| Short Term Borrowings | 3.0M | 15.6M | 36.9M | 14.1M | 80.9M | 134.0M | 308.0M | 366.0M | 328.0M | 283.0M | 119.0M | 44.0M | 42.0M |
| Accounts Payable | 1.1B | 1.2B | 1.0B | 794.0M | 896.0M | 895.0M | 802.0M | 629.0M | 662.0M | 296.0M | 211.0M | 144.0M | 115.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 198.0M | 188.0M | 157.0M | 83.7M | 93.2M | 15.5M | 32.3M | 33.8M |
| Contract Liabilities | 25.0M | 21.6M | 69.9M | 14.6M | 19.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 1.7B | 1.7B | 1.4B | 1.3B | 1.5B | 1.5B | 1.2B | 1.1B | 698.0M | 430.0M | 281.0M | 229.0M |
| Long Term Borrowings | 52.3M | 89.0M | 66.5M | -- | -- | 14.1M | -- | 58.5M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 69.8M | 123.0M | 122.0M | 44.1M | 40.8M | 51.2M | 29.9M | 81.9M | 7.1M | 6.5M | 6.1M | 3.8M | 2.4M |
| Total Liabilities | 1.7B | 1.8B | 1.8B | 1.4B | 1.3B | 1.5B | 1.5B | 1.3B | 1.1B | 705.0M | 437.0M | 285.0M | 232.0M |
| Paid In Capital | 157.0M | 157.0M | 143.0M | 143.0M | 107.0M | 107.0M | 105.0M | 96.0M | 96.0M | 96.0M | 96.0M | 96.0M | 53.4M |
| Capital Reserve | 623.0M | 622.0M | 415.0M | 415.0M | 187.0M | 187.0M | 156.0M | 48.5M | 47.9M | 47.9M | 47.9M | 47.9M | 79.1M |
| Surplus Reserve | 68.8M | 68.8M | 61.6M | 52.1M | 43.9M | 36.2M | 28.8M | 24.1M | 19.3M | 12.1M | 8.6M | 4.7M | 1.5M |
| Retained Earnings | 469.0M | 541.0M | 506.0M | 439.0M | 381.0M | 310.0M | 240.0M | 198.0M | 155.0M | 93.6M | 67.3M | 33.1M | 8.7M |
| Minority Equity | 54.3M | 49.9M | 47.3M | 7.5M | 361,400 | 157,100 | 2.9M | 4.8M | 5.5M | 5.2M | 5.9M | 6.8M | 2.9M |
| Equity Attributable | 1.3B | 1.4B | 1.1B | 1.0B | 719.0M | 641.0M | 529.0M | 366.0M | 319.0M | 250.0M | 220.0M | 182.0M | 143.0M |
| Total Equity | 1.4B | 1.4B | 1.2B | 1.1B | 719.0M | 641.0M | 532.0M | 371.0M | 324.0M | 255.0M | 226.0M | 189.0M | 146.0M |
| 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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 925.0M | 963.0M | 737.0M | 866.0M | 1.0B | 860.0M | 781.0M | 911.0M | 701.0M | 399.0M | 160.0M | 269.0M | 387.0M |
| Tax Refunds Received | 83.00 | 1.4M | 10.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.0B | 1.1B | 817.0M | 978.0M | 1.1B | 955.0M | 865.0M | 970.0M | 716.0M | 412.0M | 172.0M | 317.0M | 410.0M |
| Cash Paid For Goods | 764.0M | 815.0M | 695.0M | 627.0M | 773.0M | 610.0M | 485.0M | 694.0M | 462.0M | 278.0M | 195.0M | 211.0M | 177.0M |
| Cash Paid To Employees | 167.0M | 161.0M | 137.0M | 141.0M | 125.0M | 127.0M | 120.0M | 110.0M | 78.4M | 62.8M | 54.3M | 39.5M | 26.9M |
| Taxes Paid | 18.8M | 34.4M | 26.3M | 21.2M | 33.2M | 32.3M | 33.6M | 37.9M | 35.5M | 17.1M | 14.1M | 7.2M | 13.7M |
| Total Operating Cash Outflow | 1.0B | 1.1B | 938.0M | 926.0M | 1.1B | 895.0M | 770.0M | 959.0M | 657.0M | 422.0M | 291.0M | 334.0M | 267.0M |
| Operating Cash Flow | -31.0M | -74.3M | -120.0M | 52.1M | 75.0M | 59.9M | 95.5M | 11.2M | 59.7M | -10.2M | -119.0M | -16.5M | 143.0M |
| Total Investing Cash Inflow | 14.8M | 103.0M | 102.0M | 295.0M | 41.0M | 1.1B | 626.0M | 894.0M | 233.0M | 188.0M | 163.0M | 250.0M | 20.1M |
| Total Investing Cash Outflow | 11.4M | 127.0M | 81.5M | 433.0M | 75.0M | 1.1B | 648.0M | 913.0M | 252.0M | 212.0M | 162.0M | 228.0M | 58.3M |
| Investing Cash Flow | 3.3M | -24.8M | 20.5M | -139.0M | -34.0M | -27.3M | -22.4M | -18.8M | -19.3M | -24.4M | 1.0M | 21.7M | -38.2M |
| Cash From Borrowings | 40.2M | 95.6M | 114.0M | 28.1M | 157.0M | 347.0M | 371.0M | 425.0M | 393.0M | 318.0M | 139.0M | 54.0M | 58.0M |
| Dividends And Interest Paid | 21.6M | 29.2M | 23.8M | 24.9M | 4.6M | 20.6M | 18.8M | 18.2M | 15.5M | 13.1M | 4.7M | 3.2M | 7.1M |
| Debt Repayments | 20.1M | 89.9M | 24.9M | 94.8M | 225.0M | 584.0M | 411.0M | 328.0M | 348.0M | 154.0M | 64.0M | 52.0M | 156.0M |
| Total Financing Cash Inflow | 40.2M | 318.0M | 132.0M | 313.0M | 157.0M | 380.0M | 489.0M | 425.0M | 394.0M | 320.0M | 139.0M | 58.1M | 144.0M |
| Total Financing Cash Outflow | 54.6M | 132.0M | 62.5M | 140.0M | 235.0M | 604.0M | 429.0M | 348.0M | 365.0M | 169.0M | 70.3M | 55.2M | 163.0M |
| Financing Cash Flow | -14.5M | 186.0M | 69.1M | 173.0M | -77.8M | -224.0M | 59.1M | 77.0M | 28.5M | 151.0M | 68.7M | 2.9M | -19.6M |
| Net Change In Cash | -42.1M | 87.2M | -30.6M | 86.6M | -36.8M | -191.0M | 132.0M | 69.4M | 69.0M | 117.0M | -49.0M | 7.9M | 85.2M |
| Ending Cash Balance | 327.0M | 369.0M | 282.0M | 312.0M | 226.0M | 263.0M | 454.0M | 322.0M | 252.0M | 183.0M | 66.6M | 116.0M | 108.0M |
| Capex | 11.1M | 33.7M | 40.0M | 42.1M | 34.8M | 31.9M | 25.1M | 17.5M | 12.7M | 21.2M | 11.9M | 6.6M | 8.3M |