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 | 377.0M | 448.0M | 452.0M | 408.0M | 341.0M | 271.0M | 247.0M | 207.0M | 132.0M | 213.0M | 294.0M | 364.0M |
| Revenue Growth % | -15.8% | -0.9% | 10.8% | 19.6% | 25.8% | 9.7% | 19.3% | 56.8% | -38.0% | -27.6% | -19.2% | -- |
| Total Revenue | 377.0M | 448.0M | 452.0M | 408.0M | 341.0M | 271.0M | 247.0M | 207.0M | 132.0M | 213.0M | 294.0M | 364.0M |
| Cost Of Revenue | 290.0M | 302.0M | 285.0M | 262.0M | 201.0M | 152.0M | 149.0M | 140.0M | 83.2M | 127.0M | 159.0M | 210.0M |
| Gross Profit | 87.0M | 146.0M | 167.0M | 146.0M | 140.0M | 119.0M | 98.0M | 67.0M | 48.8M | 86.0M | 135.0M | 154.0M |
| Gross Margin % | 23.1% | 32.6% | 36.9% | 35.8% | 41.1% | 43.9% | 39.7% | 32.4% | 37.0% | 40.4% | 45.9% | 42.3% |
| Total Operating Cost | 449.0M | 393.0M | 357.0M | 322.0M | 253.0M | 200.0M | 192.0M | 177.0M | 139.0M | 182.0M | 211.0M | 284.0M |
| Selling Expenses | 16.3M | 10.7M | 11.0M | 10.3M | 8.2M | 12.1M | 11.0M | 7.9M | 8.2M | 10.5M | 15.8M | 18.6M |
| Admin Expenses | 42.3M | 40.7M | 30.8M | 27.7M | 21.5M | 19.5M | 14.9M | 16.5M | 41.6M | 40.1M | 35.0M | 52.3M |
| Rd Expenses | 38.7M | 35.5M | 25.6M | 16.7M | 15.7M | 12.9M | 9.7M | 10.3M | -- | -- | -- | -- |
| Finance Expenses | -6.1M | -7.6M | -6.3M | -416,300 | -610,500 | -619,000 | -750,800 | -2.0M | -2.4M | -7.8M | -2.4M | -1.6M |
| Operating Income | -62.1M | 70.1M | 111.0M | 96.2M | 93.1M | 76.6M | 63.1M | 39.1M | 630,500 | 35.6M | 82.8M | 80.2M |
| Operating Margin % | -16.5% | 15.6% | 24.6% | 23.6% | 27.3% | 28.3% | 25.6% | 18.9% | 0.5% | 16.7% | 28.2% | 22.0% |
| Non Operating Income | 1.9M | 157,500 | 293,300 | 191,900 | 284,200 | 1.7M | 388,600 | 454,700 | 4.6M | 2.8M | 778,800 | 2.7M |
| Non Operating Expenses | 344,300 | 165,600 | 2.3M | 406,400 | 412,000 | 340,000 | 601,000 | 858,300 | 444,600 | 269,800 | 41,900 | 3.0M |
| Investment Income | 4.7M | 11.7M | 10.2M | 5.6M | 5.5M | 6.0M | 6.8M | 6.4M | 7.2M | 3.7M | -- | -- |
| Fair Value Change Income | 3.0M | 190,200 | 593,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -19,100 | -163,100 | -12,400 | 27,100 | -248,600 | 21,500 | 39,200 | -194,300 | -111,200 | -- | -- | -- |
| Asset Impairment Loss | 49.1M | 3.2M | 372,800 | 154,500 | 337,900 | 416,800 | 5.0M | 2.3M | 6.6M | 9.7M | 1.6M | 1.9M |
| Other Income | 1.9M | 3.4M | 5.4M | 4.2M | 235,100 | 132,900 | 1.6M | 3.5M | -- | -- | -- | -- |
| Income Before Tax | -60.5M | 70.1M | 109.0M | 95.9M | 92.9M | 77.9M | 62.9M | 38.7M | 4.8M | 38.1M | 83.5M | 79.9M |
| Income Tax | -927,800 | 3.0M | 11.9M | 11.7M | 9.9M | 9.9M | 6.0M | 3.6M | 2.0M | 7.6M | 10.9M | 12.8M |
| Net Income | -59.6M | 67.1M | 97.5M | 84.3M | 83.0M | 68.0M | 56.9M | 35.2M | 2.8M | 30.5M | 72.6M | 67.1M |
| Net Margin % | -15.8% | 15.0% | 21.6% | 20.7% | 24.3% | 25.1% | 23.0% | 17.0% | 2.1% | 14.3% | 24.7% | 18.4% |
| Net Income Attributable | -48.5M | 69.4M | 97.5M | 84.3M | 83.0M | 68.0M | 57.1M | 35.4M | 8.4M | 32.1M | 72.6M | 67.1M |
| Minority Interest | -11.1M | -2.3M | -- | -- | -- | -24,900 | -211,500 | -236,400 | -5.6M | -1.7M | -- | -- |
| Eps Basic | -0.13 | 0.19 | 0.43 | 0.45 | 0.45 | 0.37 | 0.31 | 0.19 | 0.11 | 0.43 | 0.98 | 0.98 |
| Eps Diluted | -0.13 | 0.19 | 0.43 | 0.45 | 0.45 | 0.37 | 0.31 | 0.19 | 0.11 | 0.43 | 0.98 | 0.98 |
| 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 | 349.0M | 430.0M | 582.0M | 134.0M | 93.5M | 90.4M | 42.1M | 80.1M | 263.0M | 136.0M | 311.0M | 236.0M |
| Trading Financial Assets | 272.0M | 60.1M | 48.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 243.0M | 281.0M | 227.0M | 198.0M | 171.0M | 151.0M | 129.0M | 110.0M | 81.3M | 96.1M | 135.0M | 169.0M |
| Notes Receivable | 76.7M | 84.1M | 162.0M | 136.0M | 115.0M | 103.0M | 94.3M | 49.4M | 22.1M | 58.2M | 88.8M | 91.8M |
| Notes And Accounts Receivable | 320.0M | 365.0M | 390.0M | 334.0M | 287.0M | 254.0M | 223.0M | 160.0M | 103.0M | 154.0M | 223.0M | 260.0M |
| Prepayments | 29.9M | 30.3M | 29.3M | 15.3M | 20.3M | 9.2M | 6.1M | 7.1M | 16.3M | 6.9M | 36.1M | 6.0M |
| Inventory | 79.4M | 67.4M | 63.5M | 48.6M | 36.7M | 29.5M | 29.8M | 28.4M | 22.1M | 33.8M | 64.1M | 43.5M |
| Total Current Assets | 1.3B | 1.3B | 1.4B | 541.0M | 443.0M | 384.0M | 353.0M | 336.0M | 458.0M | 466.0M | 639.0M | 551.0M |
| Long Term Equity Investment | 8.0M | 59.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 146.0M | 156.0M | 158.0M | 149.0M | 151.0M | 80.0M | -- | 19.1M | 23.4M | 26.1M | 35.5M |
| Fixed Assets Total | 141.0M | 146.0M | 156.0M | 158.0M | 149.0M | 151.0M | 80.0M | 15.2M | 19.1M | 23.4M | 26.1M | 35.5M |
| Construction In Progress | -- | 3.3M | -- | -- | 5.2M | -- | 76.2M | -- | 69.0M | 19.3M | 3.9M | 2.8M |
| Construction In Progress Total | 660,300 | 3.3M | -- | -- | 5.2M | -- | 76.2M | 85.7M | 69.0M | 19.3M | 3.9M | 2.8M |
| Intangible Assets | 39.4M | 41.5M | 43.0M | 45.1M | 46.7M | 49.1M | 51.4M | 51.0M | 52.7M | 64.0M | 56.6M | 58.5M |
| Long Term Deferred Expenses | 2.4M | 3.7M | 5.5M | 5.9M | 1.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 290.0M | 352.0M | 231.0M | 317.0M | 310.0M | 306.0M | 313.0M | 257.0M | 245.0M | 211.0M | 91.2M | 97.5M |
| Total Assets | 1.6B | 1.7B | 1.7B | 858.0M | 752.0M | 690.0M | 665.0M | 594.0M | 703.0M | 677.0M | 730.0M | 648.0M |
| Short Term Borrowings | -- | -- | -- | -- | 8.0M | -- | -- | -- | -- | -- | 70,000 | 540,000 |
| Accounts Payable | 42.1M | 42.2M | 46.4M | 57.6M | 52.3M | 55.6M | 78.0M | 30.6M | 21.6M | 19.1M | 37.3M | 34.6M |
| Advance Receipts | 181,500 | 181,500 | 184,100 | 181,500 | 181,500 | 2.4M | 2.3M | 1.1M | 9.0M | 7.4M | 7.1M | 9.4M |
| Contract Liabilities | 3.5M | 4.7M | 6.8M | 3.8M | 4.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 69.1M | 66.5M | 111.0M | 97.8M | 77.0M | 73.1M | 97.2M | 49.3M | 66.1M | 39.8M | 97.3M | 87.9M |
| Total Non Current Liabilities | 15.4M | 8.6M | -- | -- | -- | -- | -- | -- | -- | 3.0M | 3.0M | 3.0M |
| Total Liabilities | 84.5M | 75.1M | 111.0M | 97.8M | 77.0M | 73.1M | 97.2M | 49.3M | 66.1M | 42.8M | 100.0M | 90.9M |
| Paid In Capital | 371.0M | 371.0M | 248.0M | 186.0M | 186.0M | 186.0M | 186.0M | 74.3M | 74.3M | 74.3M | 74.3M | 74.3M |
| Capital Reserve | 688.0M | 688.0M | 812.0M | 119.0M | 119.0M | 119.0M | 122.0M | 233.0M | 213.0M | 213.0M | 199.0M | 199.0M |
| Surplus Reserve | 63.5M | 63.5M | 63.0M | 62.0M | 59.2M | 52.3M | 47.0M | 43.6M | 43.4M | 42.1M | 38.2M | 31.4M |
| Retained Earnings | 419.0M | 488.0M | 439.0M | 391.0M | 310.0M | 259.0M | 216.0M | 196.0M | 308.0M | 301.0M | 318.0M | 252.0M |
| Minority Equity | -8.4M | -2.3M | -- | -- | -- | -- | -2.4M | -2.2M | -1.9M | 3.7M | -- | -- |
| Equity Attributable | 1.5B | 1.6B | 1.6B | 760.0M | 675.0M | 617.0M | 570.0M | 547.0M | 639.0M | 631.0M | 630.0M | 557.0M |
| Total Equity | 1.5B | 1.6B | 1.6B | 760.0M | 675.0M | 617.0M | 568.0M | 545.0M | 637.0M | 634.0M | 630.0M | 557.0M |
| 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 | 348.0M | 418.0M | 374.0M | 292.0M | 236.0M | 184.0M | 151.0M | 114.0M | 159.0M | 250.0M | 287.0M | 292.0M |
| Tax Refunds Received | 846,000 | 840,700 | 7.6M | 135,600 | 140,100 | 96,900 | 12,900 | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 368.0M | 431.0M | 395.0M | 298.0M | 238.0M | 187.0M | 156.0M | 121.0M | 168.0M | 270.0M | 295.0M | 310.0M |
| Cash Paid For Goods | 170.0M | 237.0M | 239.0M | 133.0M | 103.0M | 77.5M | 77.0M | 76.5M | 29.9M | 63.2M | 106.0M | 130.0M |
| Cash Paid To Employees | 91.4M | 70.6M | 55.2M | 57.8M | 47.4M | 46.9M | 40.4M | 37.3M | 32.7M | 35.1M | 38.6M | 43.4M |
| Taxes Paid | 17.2M | 49.1M | 32.5M | 32.5M | 37.7M | 28.0M | 26.0M | 14.0M | 15.1M | 34.9M | 36.0M | 44.8M |
| Total Operating Cash Outflow | 320.0M | 384.0M | 356.0M | 241.0M | 207.0M | 165.0M | 157.0M | 139.0M | 104.0M | 147.0M | 228.0M | 278.0M |
| Operating Cash Flow | 47.9M | 47.5M | 38.4M | 57.6M | 31.2M | 21.6M | -1.3M | -17.8M | 64.3M | 123.0M | 67.2M | 32.0M |
| Total Investing Cash Inflow | 879.0M | 511.0M | 233.0M | 238.0M | 143.0M | 187.0M | 235.0M | 207.0M | 447.0M | 304.0M | 174,500 | 862,500 |
| Total Investing Cash Outflow | 972.0M | 673.0M | 531.0M | 247.0M | 154.0M | 140.0M | 238.0M | 221.0M | 415.0M | 547.0M | 3.3M | 5.5M |
| Investing Cash Flow | -93.5M | -162.0M | -298.0M | -9.2M | -11.0M | 46.8M | -3.2M | -14.6M | 32.1M | -243.0M | -3.1M | -4.6M |
| Cash From Borrowings | -- | -- | -- | -- | 8.0M | -- | -- | -- | -- | -- | 570,000 | 540,000 |
| Dividends And Interest Paid | 20.3M | 19.8M | 49.5M | 209,600 | 25.2M | 20.1M | 33.4M | 120.0M | -- | 40.4M | 27,100 | 245,100 |
| Debt Repayments | -- | -- | -- | 8.0M | -- | -- | -- | -- | -- | 70,000 | 1.0M | 5.0M |
| Total Financing Cash Inflow | 4.9M | 34.6M | 825.0M | 3.0M | 8.0M | 4.3M | 22.4M | 36.4M | -- | 19.4M | 570,000 | 78.9M |
| Total Financing Cash Outflow | 35.3M | 43.2M | 131.0M | 32.4M | 25.2M | 20.1M | 53.1M | 134.0M | -- | 40.5M | 1.1M | 5.2M |
| Financing Cash Flow | -30.4M | -8.6M | 694.0M | -29.4M | -17.2M | -15.7M | -30.7M | -97.5M | 0.00 | -21.1M | -497,100 | 73.7M |
| Net Change In Cash | -76.1M | -123.0M | 435.0M | 19.0M | 3.1M | 52.7M | -35.2M | -130.0M | 96.5M | -141.0M | 63.6M | 101.0M |
| Ending Cash Balance | 348.0M | 424.0M | 547.0M | 112.0M | 93.5M | 90.4M | 37.7M | 72.8M | 233.0M | 136.0M | 278.0M | 214.0M |
| Capex | 6.4M | 18.2M | 15.7M | 15.0M | 16.4M | 9.3M | 20.2M | 41.1M | 55.2M | 17.0M | 3.3M | 5.5M |