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 |
|---|---|---|---|---|---|
| Revenue | 412.0M | 543.0M | 782.0M | 839.0M | 998.0M |
| Revenue Growth % | -24.1% | -30.6% | -6.8% | -15.9% | -- |
| Total Revenue | 412.0M | 543.0M | 782.0M | 839.0M | 998.0M |
| Cost Of Revenue | 351.0M | 498.0M | 729.0M | 740.0M | 726.0M |
| Gross Profit | 61.0M | 45.0M | 53.0M | 99.0M | 272.0M |
| Gross Margin % | 14.8% | 8.3% | 6.8% | 11.8% | 27.3% |
| Total Operating Cost | 573.0M | 786.0M | 1.3B | 1.2B | 1.1B |
| Selling Expenses | 12.3M | 12.0M | 14.2M | 23.3M | 31.8M |
| Admin Expenses | 56.6M | 97.1M | 102.0M | 123.0M | 110.0M |
| Rd Expenses | 13.0M | 9.4M | 26.5M | 29.9M | 21.8M |
| Finance Expenses | 75.7M | 74.7M | 99.9M | 109.0M | 95.3M |
| Operating Income | -159.0M | -261.0M | -459.0M | -372.0M | 87.5M |
| Operating Margin % | -38.6% | -48.1% | -58.7% | -44.3% | 8.8% |
| Non Operating Income | 22.7M | 3.7M | 15.3M | 416,100 | 1.2M |
| Non Operating Expenses | 13.3M | 19.2M | 1.4M | 2.9M | 3.5M |
| Investment Income | 450,400 | 2.0M | 10.3M | -2.9M | -- |
| Fair Value Change Income | -- | -- | 200.00 | -- | -- |
| Asset Disposal Income | 1.6M | -20.1M | 6.1M | -3.7M | 141.0M |
| Asset Impairment Loss | 47.2M | 54.5M | 180.0M | 95.3M | 5.8M |
| Other Income | 242,800 | 336,600 | 2.6M | 6.1M | 8.8M |
| Income Before Tax | -149.0M | -276.0M | -445.0M | -375.0M | 85.2M |
| Income Tax | -- | 22.6M | -10.4M | 4.4M | 8.6M |
| Net Income | -149.0M | -299.0M | -435.0M | -379.0M | 76.6M |
| Net Margin % | -36.2% | -55.1% | -55.6% | -45.2% | 7.7% |
| Net Income Attributable | -147.0M | -292.0M | -402.0M | -372.0M | 48.7M |
| Minority Interest | -2.1M | -7.2M | -33.0M | -7.5M | 27.8M |
| Eps Basic | -0.46 | -0.91 | -1.16 | -1.16 | 0.15 |
| Eps Diluted | -0.46 | -0.91 | -1.16 | -1.16 | 0.15 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 56.3M | 64.1M | 96.5M | 87.0M | 123.0M |
| Trading Financial Assets | -- | -- | 496,600 | -- | 500,000 |
| Accounts Receivable | 95.2M | 100.0M | 137.0M | 580.0M | 567.0M |
| Notes Receivable | 22.5M | 39.0M | 48.9M | 2.3M | 2.2M |
| Notes And Accounts Receivable | 118.0M | 139.0M | 186.0M | 582.0M | 569.0M |
| Prepayments | 2.8M | 4.4M | 13.9M | 22.7M | 17.8M |
| Inventory | 153.0M | 161.0M | 261.0M | 398.0M | 360.0M |
| Total Current Assets | 343.0M | 380.0M | 667.0M | 1.2B | 1.2B |
| Fixed Assets | -- | 700.0M | -- | 1.1B | 1.1B |
| Fixed Assets Total | 594.0M | 701.0M | 834.0M | 1.1B | 1.2B |
| Construction In Progress | -- | 501.0M | -- | 524.0M | 490.0M |
| Construction In Progress Total | 468.0M | 501.0M | 457.0M | 529.0M | 496.0M |
| Intangible Assets | 111.0M | 115.0M | 143.0M | 191.0M | 198.0M |
| Long Term Deferred Expenses | -- | -- | -- | 619,000 | 1.3M |
| Total Non Current Assets | 1.3B | 1.5B | 1.7B | 2.2B | 2.4B |
| Total Assets | 1.6B | 1.8B | 2.3B | 3.4B | 3.6B |
| Short Term Borrowings | 431.0M | 456.0M | 641.0M | 848.0M | 672.0M |
| Accounts Payable | 162.0M | 188.0M | 296.0M | 395.0M | 402.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 10.3M | 9.6M | 16.3M | 33.9M | 30.3M |
| Total Current Liabilities | 1.6B | 1.6B | 1.8B | 2.3B | 2.1B |
| Long Term Borrowings | -- | -- | -- | 2.9M | -- |
| Total Non Current Liabilities | 1.7M | 19.1M | 15.6M | 49.9M | 84.1M |
| Total Liabilities | 1.6B | 1.6B | 1.8B | 2.3B | 2.1B |
| Paid In Capital | 320.0M | 320.0M | 320.0M | 320.0M | 320.0M |
| Capital Reserve | 603.0M | 603.0M | 603.0M | 603.0M | 603.0M |
| Surplus Reserve | 31.9M | 31.9M | 31.9M | 31.9M | 31.9M |
| Retained Earnings | -900.0M | -753.0M | -462.0M | -59.6M | 312.0M |
| Minority Equity | -13.8M | -11.4M | -4.2M | 171.0M | 180.0M |
| Equity Attributable | 55.1M | 202.0M | 494.0M | 896.0M | 1.3B |
| Total Equity | 41.3M | 191.0M | 489.0M | 1.1B | 1.4B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 323.0M | 443.0M | 598.0M | 623.0M | 600.0M |
| Tax Refunds Received | 184,100 | 3.3M | 14.9M | 11.4M | 2.9M |
| Total Operating Cash Inflow | 351.0M | 480.0M | 680.0M | 677.0M | 665.0M |
| Cash Paid For Goods | 194.0M | 305.0M | 427.0M | 469.0M | 397.0M |
| Cash Paid To Employees | 58.8M | 64.2M | 140.0M | 163.0M | 167.0M |
| Taxes Paid | 26.0M | 27.8M | 23.0M | 44.4M | 43.2M |
| Total Operating Cash Outflow | 306.0M | 451.0M | 648.0M | 759.0M | 717.0M |
| Operating Cash Flow | 45.1M | 29.1M | 32.0M | -82.2M | -51.7M |
| Total Investing Cash Inflow | 49.6M | 83.9M | 271.0M | 64.8M | 57.1M |
| Total Investing Cash Outflow | 3.8M | 28.7M | 23.9M | 61.9M | 87.5M |
| Investing Cash Flow | 45.8M | 55.2M | 247.0M | 2.9M | -30.4M |
| Cash From Borrowings | 430.0M | 455.0M | 822.0M | 963.0M | 759.0M |
| Dividends And Interest Paid | 26.7M | 40.6M | 47.7M | 48.0M | 37.4M |
| Debt Repayments | 455.0M | 640.0M | 908.0M | 785.0M | 675.0M |
| Total Financing Cash Inflow | 622.0M | 650.0M | 1.3B | 1.3B | 1.6B |
| Total Financing Cash Outflow | 709.0M | 785.0M | 1.5B | 1.3B | 1.5B |
| Financing Cash Flow | -87.2M | -135.0M | -227.0M | 7.3M | 126.0M |
| Net Change In Cash | 3.8M | -50.7M | 51.8M | -72.1M | 43.5M |
| Ending Cash Balance | 38.3M | 34.5M | 85.2M | 33.4M | 105.0M |
| Capex | 3.8M | 28.7M | 23.4M | 61.7M | 87.0M |