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 | 1.4B | 1.4B | 1.8B | 1.7B | 1.4B | 551.0M | 445.0M | 358.0M | 346.0M | 592.0M | 441.0M | 384.0M |
| Revenue Growth % | 3.0% | -22.4% | 5.1% | 17.9% | 159.9% | 23.8% | 24.3% | 3.5% | -41.6% | 34.2% | 14.8% | -- |
| Total Revenue | 1.4B | 1.4B | 1.8B | 1.7B | 1.4B | 551.0M | 445.0M | 358.0M | 346.0M | 592.0M | 441.0M | 384.0M |
| Cost Of Revenue | 1.3B | 1.2B | 1.6B | 1.5B | 1.2B | 435.0M | 359.0M | 260.0M | 225.0M | 414.0M | 335.0M | 287.0M |
| Gross Profit | 129.0M | 213.0M | 207.0M | 187.0M | 183.0M | 116.0M | 86.0M | 98.0M | 121.0M | 178.0M | 106.0M | 97.0M |
| Gross Margin % | 9.1% | 15.5% | 11.7% | 11.1% | 12.8% | 21.1% | 19.3% | 27.4% | 35.0% | 30.1% | 24.0% | 25.3% |
| Total Operating Cost | 1.4B | 1.3B | 1.7B | 1.6B | 1.4B | 532.0M | 435.0M | 360.0M | 307.0M | 518.0M | 410.0M | 344.0M |
| Selling Expenses | 31.7M | 31.4M | 24.6M | 24.0M | 22.9M | 32.1M | 24.5M | 27.1M | 25.2M | 33.5M | 26.4M | 21.5M |
| Admin Expenses | 55.2M | 56.2M | 46.4M | 42.7M | 48.4M | 26.7M | 25.9M | 31.8M | 46.1M | 44.7M | 32.6M | 25.8M |
| Rd Expenses | 42.6M | 36.1M | 38.5M | 33.8M | 35.9M | 31.4M | 22.8M | 26.2M | -- | -- | -- | -- |
| Finance Expenses | 4.8M | 11.2M | 12.1M | 8.7M | 148,900 | 3.9M | 1.6M | 3.0M | 7.2M | 14.9M | 13.6M | 6.4M |
| Operating Income | -2.0M | 65.4M | 78.1M | 74.4M | 69.2M | 24.2M | 13.9M | 4.6M | 38.3M | 74.0M | 31.4M | 40.0M |
| Operating Margin % | -0.1% | 4.7% | 4.4% | 4.4% | 4.8% | 4.4% | 3.1% | 1.3% | 11.1% | 12.5% | 7.1% | 10.4% |
| Non Operating Income | 168,400 | 59,800 | 36,200 | 55,800 | 264,800 | 67,600 | 6,500 | 294,700 | 5.6M | 3.1M | 1.9M | 122,800 |
| Non Operating Expenses | 312,100 | 551,800 | 421,300 | 113,900 | 1.5M | 432,000 | 271,800 | 27,700 | 166,900 | 387,300 | 825,400 | 1.3M |
| Investment Income | 3.2M | -3.0M | -592,500 | 1.7M | 6.3M | 2.7M | 1.8M | -16,600 | -- | -- | -- | -- |
| Fair Value Change Income | 210,900 | 341,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -652,000 | 920,700 | -136,800 | -30,200 | -75,500 | 79,000 | -40,800 | -132,300 | -126,800 | -- | -- | -- |
| Asset Impairment Loss | 958,900 | 2.1M | 5.8M | 467,700 | 4.1M | 716,300 | -605,100 | 9.8M | 1.0M | 8.3M | 686,900 | 2.2M |
| Other Income | 7.1M | 2.9M | 1.6M | 6.9M | 2.8M | 1.6M | 2.0M | 7.6M | -- | -- | -- | -- |
| Income Before Tax | -2.2M | 64.9M | 77.7M | 74.4M | 68.0M | 23.8M | 13.7M | 4.8M | 43.7M | 76.8M | 32.5M | 38.9M |
| Income Tax | -10.2M | 7.5M | 13.5M | 7.0M | 11.5M | 1.1M | 2.8M | 328,000 | 6.3M | 11.3M | 5.9M | 9.3M |
| Net Income | 8.0M | 57.4M | 64.3M | 67.3M | 56.5M | 22.7M | 10.9M | 4.5M | 37.4M | 65.4M | 26.6M | 29.6M |
| Net Margin % | 0.6% | 4.2% | 3.6% | 4.0% | 3.9% | 4.1% | 2.4% | 1.3% | 10.8% | 11.1% | 6.0% | 7.7% |
| Net Income Attributable | 8.0M | 57.4M | 64.3M | 67.4M | 56.5M | 22.7M | 11.0M | 4.5M | 37.4M | 65.4M | 26.6M | 29.6M |
| Minority Interest | -- | -- | -10,200 | -41,300 | -5,300 | -2,200 | -115,900 | -- | -- | -- | -- | -- |
| Eps Basic | 0.09 | 0.79 | 0.93 | 0.97 | 0.82 | 0.33 | 0.16 | 0.07 | 0.63 | 1.18 | 0.48 | 0.54 |
| Eps Diluted | 0.09 | 0.79 | 0.93 | 0.97 | 0.82 | 0.33 | 0.16 | 0.07 | 0.63 | 1.18 | -- | -- |
| 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 | 376.0M | 306.0M | 279.0M | 240.0M | 252.0M | 247.0M | 63.2M | 136.0M | 53.8M | 128.0M | 66.5M | 53.6M |
| Trading Financial Assets | 121.0M | 130.0M | -- | -- | -- | 450,000 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.0B | 833.0M | 724.0M | 509.0M | 414.0M | 233.0M | 332.0M | 207.0M | 192.0M | 267.0M | 232.0M | 280.0M |
| Notes Receivable | 273.0M | 264.0M | 367.0M | 508.0M | 136.0M | 137.0M | 119.0M | 135.0M | 86.8M | 112.0M | 65.7M | 24.4M |
| Notes And Accounts Receivable | 1.3B | 1.1B | 1.1B | 1.0B | 550.0M | 370.0M | 452.0M | 341.0M | 279.0M | 379.0M | 298.0M | 304.0M |
| Prepayments | 41.2M | 7.0M | 10.7M | 25.9M | 8.8M | 11.5M | 18.3M | 3.6M | 4.0M | 1.1M | 3.6M | 2.4M |
| Inventory | 102.0M | 97.8M | 114.0M | 95.7M | 73.0M | 56.9M | 39.3M | 48.5M | 26.7M | 33.8M | 29.7M | 26.5M |
| Total Current Assets | 2.0B | 1.8B | 1.7B | 1.4B | 949.0M | 712.0M | 612.0M | 535.0M | 366.0M | 543.0M | 402.0M | 414.0M |
| Long Term Equity Investment | -- | -- | 6.0M | 7.1M | 6.8M | 4.1M | 3.7M | 3.8M | -- | -- | -- | -- |
| Fixed Assets | -- | 59.4M | 66.3M | 68.7M | 46.8M | 36.0M | 39.3M | -- | 39.6M | 33.5M | 26.3M | 27.8M |
| Fixed Assets Total | 65.3M | 59.4M | 66.3M | 68.7M | 46.8M | 36.0M | 39.3M | 39.5M | 39.6M | 33.5M | 26.3M | 27.8M |
| Construction In Progress | -- | 112.0M | 71.0M | 23.2M | 2.2M | 2.3M | 1.4M | -- | 233,700 | -- | 5.9M | 6.5M |
| Construction In Progress Total | 325.0M | 112.0M | 71.0M | 23.2M | 2.2M | 2.3M | 1.4M | 1.6M | 233,700 | -- | 5.9M | 6.5M |
| Intangible Assets | 49.7M | 50.9M | 72.3M | 44.9M | 45.7M | 22.1M | 22.0M | 242,700 | 283,100 | 713,900 | 622,600 | -- |
| Long Term Deferred Expenses | 12.2M | 10.6M | 9.6M | 8.9M | 368,000 | 37,000 | 154,100 | 413,200 | 508,400 | 651,200 | 508,800 | 541,700 |
| Total Non Current Assets | 518.0M | 292.0M | 271.0M | 199.0M | 103.0M | 68.0M | 69.6M | 50.5M | 47.1M | 36.6M | 34.1M | 36.3M |
| Total Assets | 2.5B | 2.1B | 1.9B | 1.6B | 1.1B | 780.0M | 682.0M | 586.0M | 413.0M | 580.0M | 436.0M | 450.0M |
| Short Term Borrowings | 178.0M | 197.0M | 256.0M | 150.0M | 50.0M | 20.3M | 17.2M | 12.7M | -- | 26.0M | 64.9M | 109.0M |
| Accounts Payable | 478.0M | 309.0M | 322.0M | 326.0M | 183.0M | 131.0M | 109.0M | 72.1M | 43.2M | 140.0M | 137.0M | 80.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 203,700 | 158,600 | 576,200 | 236,100 | 205,800 | 201,400 | 862,200 |
| Contract Liabilities | 1.0M | 1.7M | 1.1M | 1.0M | 413,700 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 971.0M | 1.3B | 1.1B | 579.0M | 323.0M | 235.0M | 150.0M | 88.1M | 360.0M | 291.0M | 252.0M |
| Long Term Borrowings | 113.0M | -- | 23.6M | 13.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 133.0M | 29.4M | 51.6M | 44.4M | 193,500 | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 1.4B | 1.0B | 1.4B | 1.1B | 579.0M | 323.0M | 235.0M | 150.0M | 88.1M | 360.0M | 291.0M | 252.0M |
| Paid In Capital | 92.3M | 92.3M | 69.2M | 69.2M | 69.2M | 69.2M | 69.2M | 69.2M | 61.1M | 56.2M | 55.0M | 32.3M |
| Capital Reserve | 747.0M | 747.0M | 307.0M | 307.0M | 307.0M | 293.0M | 293.0M | 293.0M | 160.0M | 77.3M | 42.6M | 49.7M |
| Surplus Reserve | 57.5M | 57.5M | 52.6M | 47.8M | 40.2M | 33.0M | 31.1M | 29.3M | 28.3M | 25.9M | 24.0M | 21.1M |
| Retained Earnings | 160.0M | 173.0M | 120.0M | 77.8M | 55.7M | 61.8M | 53.4M | 44.2M | 75.2M | 59.8M | 23.5M | 95.0M |
| Minority Equity | -- | -- | -174,800 | -164,700 | -123,400 | -118,100 | -115,900 | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.1B | 555.0M | 505.0M | 473.0M | 457.0M | 447.0M | 436.0M | 325.0M | 219.0M | 145.0M | 198.0M |
| Total Equity | 1.1B | 1.1B | 555.0M | 505.0M | 472.0M | 457.0M | 447.0M | 436.0M | 325.0M | 219.0M | 145.0M | 198.0M |
| 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 | 1.3B | 1.3B | 1.5B | 1.1B | 1.1B | 525.0M | 292.0M | 347.0M | 504.0M | 604.0M | 492.0M | 322.0M |
| Tax Refunds Received | 88,100 | -- | 5.0M | -- | 38,900 | 7,900 | 16,200 | 104,900 | 58,700 | 10,500 | 20,900 | 17,400 |
| Total Operating Cash Inflow | 1.3B | 1.4B | 1.5B | 1.1B | 1.1B | 526.0M | 299.0M | 355.0M | 510.0M | 608.0M | 534.0M | 323.0M |
| Cash Paid For Goods | 1.1B | 1.5B | 1.5B | 1.0B | 875.0M | 274.0M | 209.0M | 265.0M | 396.0M | 458.0M | 330.0M | 249.0M |
| Cash Paid To Employees | 96.1M | 80.7M | 79.6M | 70.4M | 57.2M | 46.2M | 49.0M | 48.3M | 42.3M | 35.6M | 29.5M | 26.5M |
| Taxes Paid | 17.0M | 53.3M | 23.5M | 31.4M | 47.4M | 25.3M | 7.1M | 25.0M | 32.5M | 38.7M | 32.1M | 25.7M |
| Total Operating Cash Outflow | 1.3B | 1.7B | 1.7B | 1.2B | 1.1B | 414.0M | 309.0M | 389.0M | 504.0M | 593.0M | 406.0M | 331.0M |
| Operating Cash Flow | 14.3M | -299.0M | -145.0M | -103.0M | -19.0M | 112.0M | -9.3M | -33.3M | 6.9M | 14.8M | 128.0M | -7.4M |
| Total Investing Cash Inflow | 1.6B | 410.0M | 368.0M | 337.0M | 950.0M | 486.0M | 541.0M | 516.0M | 50,200 | 60,900 | 183,400 | 20,400 |
| Total Investing Cash Outflow | 1.8B | 549.0M | 422.0M | 402.0M | 988.0M | 456.0M | 599.0M | 525.0M | 19.5M | 3.8M | 2.2M | 9.3M |
| Investing Cash Flow | -201.0M | -139.0M | -54.5M | -64.7M | -38.5M | 30.2M | -58.9M | -9.1M | -19.4M | -3.8M | -2.0M | -9.3M |
| Cash From Borrowings | 305.0M | 254.0M | 266.0M | 161.0M | 60.0M | 20.2M | 17.2M | 28.8M | 10.5M | 44.5M | 82.4M | 138.0M |
| Dividends And Interest Paid | 23.1M | 2.5M | 21.0M | 38.2M | 55.6M | 13.9M | 2.4M | 36.2M | 21.6M | 9.0M | 109.0M | 14.7M |
| Debt Repayments | 39.0M | 137.0M | 10.0M | -- | 19.4M | -- | 12.7M | 16.1M | 36.5M | 83.5M | 127.0M | 103.0M |
| Total Financing Cash Inflow | 305.0M | 744.0M | 266.0M | 161.0M | 60.0M | 20.2M | 17.2M | 170.0M | 10.5M | 141.0M | 98.0M | 138.0M |
| Total Financing Cash Outflow | 72.4M | 177.0M | 39.7M | 46.3M | 75.0M | 13.9M | 15.1M | 52.3M | 58.1M | 92.5M | 236.0M | 118.0M |
| Financing Cash Flow | 233.0M | 567.0M | 226.0M | 115.0M | -15.0M | 6.3M | 2.1M | 118.0M | -47.6M | 48.4M | -138.0M | 20.3M |
| Net Change In Cash | 45.7M | 130.0M | 27.2M | -52.9M | -72.6M | 149.0M | -67.2M | 74.9M | -66.7M | 59.5M | -11.9M | 3.7M |
| Ending Cash Balance | 269.0M | 223.0M | 92.9M | 65.7M | 119.0M | 191.0M | 42.0M | 109.0M | 34.3M | 101.0M | 41.6M | 53.6M |
| Capex | 215.0M | 30.8M | 55.1M | 61.3M | 44.0M | 4.2M | 28.3M | 10.2M | 14.7M | 3.8M | 2.2M | 9.3M |