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 | 579.0M | 625.0M | 1.0B | 1.1B | 1.1B | 800.0M | 631.0M | 457.0M | 375.0M | 487.0M | 444.0M | 305.0M |
| Revenue Growth % | -7.4% | -40.0% | -2.5% | -2.6% | 37.1% | 26.8% | 38.1% | 21.9% | -23.0% | 9.7% | 45.6% | -- |
| Total Revenue | 579.0M | 625.0M | 1.0B | 1.1B | 1.1B | 800.0M | 631.0M | 457.0M | 375.0M | 487.0M | 444.0M | 305.0M |
| Cost Of Revenue | 602.0M | 587.0M | 944.0M | 921.0M | 873.0M | 626.0M | 504.0M | 361.0M | 271.0M | 376.0M | 376.0M | 238.0M |
| Gross Profit | -23.0M | 38.0M | 98.0M | 148.0M | 224.0M | 174.0M | 127.0M | 96.0M | 104.0M | 111.0M | 68.0M | 67.0M |
| Gross Margin % | -4.0% | 6.1% | 9.4% | 13.8% | 20.4% | 21.8% | 20.1% | 21.0% | 27.7% | 22.8% | 15.3% | 22.0% |
| Total Operating Cost | 736.0M | 663.0M | 1.0B | 997.0M | 949.0M | 717.0M | 595.0M | 440.0M | 342.0M | 450.0M | 432.0M | 281.0M |
| Selling Expenses | 9.5M | 9.3M | 9.9M | 7.2M | 7.3M | 33.3M | 30.4M | 25.3M | 22.9M | 18.7M | 11.1M | 8.7M |
| Admin Expenses | 29.9M | 23.8M | 29.2M | 27.8M | 30.8M | 28.8M | 22.3M | 21.2M | 36.0M | 45.2M | 33.8M | 23.3M |
| Rd Expenses | 18.5M | 20.7M | 34.1M | 34.9M | 34.0M | 24.9M | 19.9M | 17.2M | -- | -- | -- | -- |
| Finance Expenses | 21.6M | 10.2M | -11.1M | 1.5M | 1.5M | 1.9M | 1.6M | 4.2M | 1.6M | 4.5M | 5.1M | 7.9M |
| Operating Income | -140.0M | -29.8M | 37.7M | 84.6M | 154.0M | 83.0M | 37.4M | 19.7M | 32.6M | 37.0M | 12.5M | 23.7M |
| Operating Margin % | -24.2% | -4.8% | 3.6% | 7.9% | 14.0% | 10.4% | 5.9% | 4.3% | 8.7% | 7.6% | 2.8% | 7.8% |
| Non Operating Income | 1,500 | 6,700 | 9,900 | 8,100 | 192,200 | 11,000 | 1.0M | 897,800 | 4.2M | 2.2M | 2.5M | 4.8M |
| Non Operating Expenses | 758,900 | 3.5M | 87,200 | 4.6M | 215,900 | 35,000 | 451,300 | -- | 87,000 | 1.6M | 453,300 | 34,600 |
| Investment Income | 5.4M | 2.5M | 1.3M | -616,000 | -- | -1.1M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 851,400 | 43,200 | 3.4M | 349,900 | -600.00 | 58,400 | 288,100 | -585,900 | -- | -- | -- |
| Asset Impairment Loss | 41.3M | 5.5M | 1.7M | 1.9M | 69,100 | 2.8M | 13.8M | 7.9M | 8.7M | 3.5M | 4.6M | 2.4M |
| Other Income | 12.3M | 5.0M | 10.3M | 9.8M | 5.5M | 1.1M | 1.4M | 2.1M | -- | -- | -- | -- |
| Income Before Tax | -141.0M | -33.3M | 37.7M | 80.0M | 154.0M | 82.9M | 38.0M | 20.6M | 36.7M | 37.6M | 14.5M | 28.5M |
| Income Tax | 13.0M | -1.1M | -2.0M | 7.6M | 19.9M | 10.1M | 5.1M | 2.6M | 4.3M | 5.0M | 2.3M | 4.2M |
| Net Income | -154.0M | -32.2M | 39.7M | 72.4M | 134.0M | 72.9M | 33.0M | 18.0M | 32.4M | 32.6M | 12.2M | 24.3M |
| Net Margin % | -26.6% | -5.2% | 3.8% | 6.8% | 12.2% | 9.1% | 5.2% | 3.9% | 8.6% | 6.7% | 2.7% | 8.0% |
| Net Income Attributable | -154.0M | -32.2M | 39.7M | 72.4M | 134.0M | 72.9M | 33.0M | 18.0M | 32.4M | 32.6M | 12.2M | 24.3M |
| Eps Basic | -1.54 | -0.32 | 0.40 | 0.85 | 1.79 | 0.97 | 0.44 | 0.24 | 0.43 | 0.44 | 0.16 | 1.29 |
| Eps Diluted | -1.54 | -0.32 | 0.40 | 0.85 | 1.79 | 0.97 | 0.44 | 0.24 | 0.43 | 0.44 | 0.16 | 1.29 |
| 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 | 240.0M | 213.0M | 474.0M | 380.0M | 123.0M | 109.0M | 56.9M | 55.5M | 33.7M | 17.8M | 29.1M | 31.8M |
| Trading Financial Assets | 128.0M | 202.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 315.0M | 327.0M | 484.0M | 352.0M | 280.0M | 306.0M | 274.0M | 239.0M | 253.0M | 245.0M | 254.0M | 160.0M |
| Notes Receivable | 25.8M | 22.2M | 33.0M | 52.8M | 116.0M | 74.5M | 127.0M | 85.3M | 23.9M | 22.0M | 12.3M | 6.4M |
| Notes And Accounts Receivable | 341.0M | 349.0M | 517.0M | 405.0M | 396.0M | 381.0M | 401.0M | 324.0M | 277.0M | 268.0M | 266.0M | 167.0M |
| Prepayments | 3.4M | 4.6M | 27.3M | 3.5M | 16.8M | 7.1M | 8.9M | 5.5M | 3.9M | 2.7M | 17.2M | 10.2M |
| Inventory | 157.0M | 195.0M | 192.0M | 151.0M | 173.0M | 96.6M | 90.1M | 103.0M | 96.5M | 68.3M | 74.6M | 100.0M |
| Total Current Assets | 889.0M | 996.0M | 1.3B | 1.0B | 777.0M | 636.0M | 562.0M | 491.0M | 415.0M | 360.0M | 391.0M | 312.0M |
| Long Term Equity Investment | 32.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 549.0M | 299.0M | 93.3M | 112.0M | 112.0M | 126.0M | 141.0M | 138.0M | 145.0M | 135.0M | 140.0M |
| Fixed Assets Total | 510.0M | 549.0M | 299.0M | 93.3M | 112.0M | 112.0M | 126.0M | 141.0M | 138.0M | 145.0M | 135.0M | 140.0M |
| Construction In Progress | -- | 50.8M | 215.0M | 201.0M | 16.4M | 463,600 | 336,300 | 1.2M | 7.0M | 4.2M | 80,000 | 342,400 |
| Construction In Progress Total | 58.6M | 50.8M | 215.0M | 201.0M | 16.4M | 463,600 | 336,300 | 1.2M | 7.0M | 4.2M | 80,000 | 342,400 |
| Intangible Assets | 52.3M | 53.5M | 54.8M | 56.1M | 56.7M | 14.6M | 15.1M | 15.3M | 15.7M | 16.0M | 16.6M | 17.1M |
| Long Term Deferred Expenses | 461,600 | 2.4M | 4.7M | 2.5M | 1.0M | 676,400 | 1.4M | 861,100 | -- | -- | 25,800 | 179,000 |
| Total Non Current Assets | 667.0M | 686.0M | 631.0M | 409.0M | 254.0M | 151.0M | 151.0M | 165.0M | 166.0M | 172.0M | 154.0M | 159.0M |
| Total Assets | 1.6B | 1.7B | 1.9B | 1.4B | 1.0B | 787.0M | 713.0M | 656.0M | 581.0M | 532.0M | 546.0M | 471.0M |
| Short Term Borrowings | -- | -- | -- | -- | 10.0M | 35.1M | 46.0M | 52.0M | 40.0M | 60.0M | 79.0M | 45.0M |
| Accounts Payable | 103.0M | 127.0M | 127.0M | 117.0M | 70.6M | 46.4M | 60.0M | 55.2M | 77.4M | 73.3M | 33.3M | 35.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.1M | 350,000 | 2.0M | 1.1M | 573,700 | 523,600 | 1.9M |
| Contract Liabilities | 1.4M | 580,400 | 1.1M | 4.9M | 3.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 327.0M | 333.0M | 564.0M | 460.0M | 417.0M | 307.0M | 305.0M | 255.0M | 178.0M | 161.0M | 198.0M | 145.0M |
| Total Non Current Liabilities | 344.0M | 310.0M | 289.0M | 2.0M | -- | -- | 250,000 | 500,000 | 750,000 | 1.9M | 9.9M | 900,000 |
| Total Liabilities | 671.0M | 642.0M | 853.0M | 462.0M | 417.0M | 307.0M | 306.0M | 255.0M | 179.0M | 162.0M | 208.0M | 146.0M |
| Paid In Capital | 100.0M | 100.0M | 100.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 18.8M | 18.8M |
| Capital Reserve | 518.0M | 518.0M | 518.0M | 518.0M | 262.0M | 262.0M | 262.0M | 262.0M | 262.0M | 262.0M | 116.0M | 116.0M |
| Surplus Reserve | 42.3M | 42.3M | 42.3M | 38.3M | 31.0M | 17.7M | 10.4M | 7.1M | 6.5M | 3.3M | 9.3M | 8.1M |
| Retained Earnings | 137.0M | 290.0M | 327.0M | 311.0M | 246.0M | 125.0M | 59.5M | 56.1M | 58.4M | 29.3M | 193.0M | 182.0M |
| Equity Attributable | 886.0M | 1.0B | 1.1B | 967.0M | 614.0M | 480.0M | 407.0M | 401.0M | 402.0M | 370.0M | 337.0M | 325.0M |
| Total Equity | 886.0M | 1.0B | 1.1B | 967.0M | 614.0M | 480.0M | 407.0M | 401.0M | 402.0M | 370.0M | 337.0M | 325.0M |
| 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 | 432.0M | 565.0M | 568.0M | 546.0M | 571.0M | 374.0M | 293.0M | 242.0M | 152.0M | 185.0M | 413.0M | 342.0M |
| Tax Refunds Received | 37.6M | 35.3M | 66.2M | 23.7M | 1.2M | 3.3M | 1.1M | 3.2M | -- | -- | -- | 1.4M |
| Total Operating Cash Inflow | 490.0M | 607.0M | 664.0M | 580.0M | 579.0M | 381.0M | 298.0M | 247.0M | 154.0M | 215.0M | 431.0M | 379.0M |
| Cash Paid For Goods | 374.0M | 440.0M | 696.0M | 329.0M | 352.0M | 234.0M | 212.0M | 170.0M | 22.2M | 64.8M | 386.0M | 291.0M |
| Cash Paid To Employees | 43.1M | 43.0M | 50.2M | 47.2M | 43.1M | 38.2M | 35.7M | 30.6M | 27.0M | 26.5M | 22.6M | 16.6M |
| Taxes Paid | 3.6M | 1.8M | 5.4M | 35.8M | 38.9M | 17.2M | 10.2M | 8.5M | 24.3M | 21.4M | 13.6M | 11.1M |
| Total Operating Cash Outflow | 448.0M | 515.0M | 798.0M | 453.0M | 475.0M | 314.0M | 279.0M | 229.0M | 122.0M | 145.0M | 463.0M | 339.0M |
| Operating Cash Flow | 41.8M | 91.7M | -134.0M | 128.0M | 103.0M | 66.8M | 19.8M | 17.9M | 32.5M | 70.1M | -32.5M | 40.4M |
| Total Investing Cash Inflow | 611.0M | 909.0M | 301.0M | 5.4M | 850,000 | 5,000 | 60,000 | 320,000 | 2.3M | 359,800 | 4.0M | -- |
| Total Investing Cash Outflow | 605.0M | 1.2B | 462.0M | 126.0M | 50.8M | 4.6M | 1.1M | 4.0M | 15.7M | 29.9M | 5.0M | 40.3M |
| Investing Cash Flow | 6.4M | -269.0M | -161.0M | -121.0M | -49.9M | -4.6M | -1.0M | -3.7M | -13.4M | -29.6M | -989,100 | -40.3M |
| Cash From Borrowings | -- | -- | -- | 10.0M | 15.0M | 95.0M | 60.0M | 52.0M | 60.0M | 55.0M | 93.0M | 45.0M |
| Dividends And Interest Paid | 2.2M | 5.4M | 20.0M | 309,300 | 1.0M | 20.4M | 13.5M | 10.5M | 5.0M | 7.1M | 8.2M | 10.3M |
| Debt Repayments | -- | -- | -- | 20.0M | 40.0M | 106.0M | 66.0M | 40.0M | 80.0M | 72.3M | 69.0M | 30.0M |
| Total Financing Cash Inflow | -- | -- | 353.0M | 471.0M | 82.9M | 183.0M | 152.0M | 104.0M | 60.0M | 63.5M | 95.8M | 45.0M |
| Total Financing Cash Outflow | 3.8M | 7.2M | 26.6M | 208.0M | 138.0M | 227.0M | 168.0M | 104.0M | 86.7M | 87.9M | 77.2M | 40.3M |
| Financing Cash Flow | -3.8M | -7.2M | 327.0M | 263.0M | -54.8M | -43.9M | -15.4M | -615,800 | -26.7M | -24.4M | 18.6M | 4.7M |
| Net Change In Cash | 46.2M | -183.0M | 33.3M | 268.0M | -862,900 | 18.6M | 3.2M | 13.3M | -7.0M | 17.0M | -15.2M | -495,900 |
| Ending Cash Balance | 209.0M | 162.0M | 346.0M | 312.0M | 45.0M | 45.9M | 27.3M | 24.1M | 10.8M | 17.8M | 846,100 | 16.1M |
| Capex | 45.5M | 66.1M | 162.0M | 126.0M | 50.8M | 4.6M | 1.1M | 4.0M | 15.7M | 29.9M | 5.0M | 40.3M |