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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.6B | 796.0M | 916.0M | 750.0M | 632.0M | 547.0M | 555.0M | 519.0M | 548.0M | 603.0M | 607.0M | 552.0M | 517.0M |
| Revenue Growth % | -22.3% | 101.6% | -13.1% | 22.1% | 18.7% | 15.5% | -1.4% | 6.9% | -5.3% | -9.1% | -0.7% | 10.0% | 6.8% | -- |
| Total Revenue | 1.2B | 1.6B | 796.0M | 916.0M | 750.0M | 632.0M | 547.0M | 555.0M | 519.0M | 548.0M | 603.0M | 607.0M | 552.0M | 517.0M |
| Cost Of Revenue | 1.3B | 1.4B | 664.0M | 739.0M | 593.0M | 515.0M | 441.0M | 447.0M | 389.0M | 405.0M | 453.0M | 456.0M | 409.0M | 384.0M |
| Gross Profit | -20.0M | 193.0M | 132.0M | 177.0M | 157.0M | 117.0M | 106.0M | 108.0M | 130.0M | 143.0M | 150.0M | 151.0M | 143.0M | 133.0M |
| Gross Margin % | -1.6% | 12.0% | 16.6% | 19.3% | 20.9% | 18.5% | 19.4% | 19.5% | 25.0% | 26.1% | 24.9% | 24.9% | 25.9% | 25.7% |
| Total Operating Cost | 1.7B | 1.6B | 946.0M | 852.0M | 692.0M | 619.0M | 538.0M | 538.0M | 484.0M | 495.0M | 551.0M | 556.0M | 505.0M | 473.0M |
| Selling Expenses | 17.8M | 15.5M | 13.4M | 14.9M | 13.9M | 19.2M | 19.6M | 21.8M | 24.0M | 22.5M | 24.5M | 25.2M | 22.1M | 19.1M |
| Admin Expenses | 109.0M | 75.5M | 53.6M | 52.6M | 47.8M | 48.7M | 41.7M | 37.4M | 63.4M | 56.1M | 60.4M | 59.0M | 55.5M | 54.6M |
| Rd Expenses | 44.1M | 37.4M | 27.7M | 29.0M | 26.3M | 21.6M | 20.0M | 19.9M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 28.9M | 12.7M | 8.3M | 5.0M | 3.6M | 6.3M | 7.0M | 5.2M | 2.4M | 7.5M | 8.0M | 10.9M | 14.6M | 11.3M |
| Operating Income | -496.0M | 60.0M | -71.5M | 68.8M | 64.6M | 17.1M | 18.0M | 21.9M | 29.4M | 53.0M | 51.6M | 51.9M | 47.0M | 43.8M |
| Operating Margin % | -39.8% | 3.7% | -9.0% | 7.5% | 8.6% | 2.7% | 3.3% | 3.9% | 5.7% | 9.7% | 8.6% | 8.5% | 8.5% | 8.5% |
| Non Operating Income | 247,500 | 266,500 | 378,000 | 324,600 | 462,000 | 307,600 | 2.0M | 5.1M | 9.0M | 7.3M | 7.0M | 8.2M | 8.6M | 3.0M |
| Non Operating Expenses | 789,600 | 171,700 | 524,500 | 613,300 | 33,600 | 72,900 | 596,400 | 66,800 | 3,300 | 1.4M | 897,300 | 1.4M | 1.7M | 181,500 |
| Investment Income | -656,500 | 4.9M | -2.0M | -- | -- | -548,800 | -- | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -2.3M | 14.1M | 71.7M | -1.1M | 97,100 | -165,600 | 165,600 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -37.9M | 39,400 | -578,000 | 14,000 | -68,000 | -517,500 | 4.7M | 1,900 | -5.3M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 231.0M | 9.9M | 164.0M | 4.2M | 1.8M | 1.3M | 2.7M | 2.4M | 1.6M | 599,400 | 1.6M | 899,900 | 699,200 | 2.1M |
| Other Income | 17.8M | 11.9M | 9.1M | 5.9M | 5.9M | 5.6M | 3.7M | 5.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -497.0M | 60.1M | -71.6M | 68.5M | 65.1M | 17.3M | 19.4M | 26.9M | 38.4M | 59.0M | 57.7M | 58.7M | 53.9M | 46.6M |
| Income Tax | -68.8M | 8.6M | 7.8M | 11.0M | 11.2M | 2.9M | 2.5M | 2.9M | 7.2M | 13.2M | 13.0M | 13.9M | 6.9M | 6.0M |
| Net Income | -428.0M | 51.4M | -79.4M | 57.5M | 53.8M | 14.4M | 16.9M | 24.0M | 31.1M | 45.8M | 44.8M | 44.8M | 47.1M | 40.7M |
| Net Margin % | -34.3% | 3.2% | -10.0% | 6.3% | 7.2% | 2.3% | 3.1% | 4.3% | 6.0% | 8.4% | 7.4% | 7.4% | 8.5% | 7.9% |
| Net Income Attributable | -189.0M | 31.8M | -79.5M | 57.0M | 53.8M | 14.4M | 16.9M | 24.0M | 31.1M | 45.8M | 44.8M | 44.8M | 47.1M | 40.7M |
| Minority Interest | -239.0M | 19.6M | 71,900 | 556,300 | 69,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.66 | 0.11 | -0.28 | 0.22 | 0.24 | 0.07 | 0.08 | 0.11 | 0.15 | 0.28 | 0.27 | 0.27 | 0.28 | 0.26 |
| Eps Diluted | -0.66 | 0.11 | -0.28 | 0.22 | 0.24 | 0.07 | 0.08 | 0.11 | 0.15 | 0.28 | 0.27 | 0.27 | 0.28 | 0.26 |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 181.0M | 343.0M | 150.0M | 116.0M | 120.0M | 157.0M | 143.0M | 172.0M | 155.0M | 90.8M | 91.4M | 81.5M | 98.4M | 167.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- | -- | 165,600 | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 252.0M | 250.0M | 201.0M | 183.0M | 139.0M | 95.6M | 114.0M | 122.0M | 104.0M | 110.0M | 111.0M | 94.3M | 86.9M | 78.2M |
| Notes Receivable | 42.2M | 46.9M | 7.0M | 211,800 | 8.0M | -- | 16.1M | 17.8M | 20.3M | 23.0M | 26.2M | 19.3M | 21.4M | 1.1M |
| Notes And Accounts Receivable | 294.0M | 297.0M | 208.0M | 184.0M | 147.0M | 95.6M | 130.0M | 140.0M | 124.0M | 133.0M | 137.0M | 114.0M | 108.0M | 79.3M |
| Prepayments | 36.6M | 35.1M | 21.5M | 34.5M | 25.8M | 4.6M | 35.0M | 32.3M | 20.8M | 18.8M | 17.1M | 19.2M | 10.8M | 8.4M |
| Inventory | 211.0M | 206.0M | 191.0M | 189.0M | 154.0M | 160.0M | 236.0M | 162.0M | 164.0M | 156.0M | 163.0M | 157.0M | 150.0M | 143.0M |
| Total Current Assets | 876.0M | 1.0B | 679.0M | 633.0M | 517.0M | 449.0M | 548.0M | 511.0M | 467.0M | 401.0M | 410.0M | 373.0M | 369.0M | 416.0M |
| Long Term Equity Investment | 34.2M | 16.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 610.0M | 341.0M | 328.0M | 329.0M | 368.0M | 386.0M | 413.0M | 359.0M | 237.0M | 202.0M | 209.0M | 201.0M | 177.0M |
| Fixed Assets Total | 1.3B | 610.0M | 341.0M | 328.0M | 329.0M | 368.0M | 386.0M | 413.0M | 359.0M | 237.0M | 202.0M | 209.0M | 201.0M | 177.0M |
| Construction In Progress | -- | 469.0M | -- | 4.2M | -- | -- | -- | 2.3M | 6.0M | 92.4M | 74.6M | 24.2M | 2.7M | -- |
| Construction In Progress Total | 50.9M | 469.0M | -- | 4.2M | -- | -- | -- | 2.3M | 6.0M | 92.4M | 74.6M | 24.2M | 2.7M | -- |
| Intangible Assets | 41.0M | 41.4M | 25.0M | 26.1M | 27.4M | 26.1M | 26.3M | 27.1M | 27.8M | 28.6M | 29.0M | 29.8M | 30.2M | 13.2M |
| Long Term Deferred Expenses | 5.0M | 6.2M | 3.3M | 907,100 | 233,900 | 226,000 | 458,600 | 228,700 | 348,100 | -- | -- | -- | -- | 489,300 |
| Total Non Current Assets | 1.6B | 1.3B | 530.0M | 677.0M | 653.0M | 430.0M | 417.0M | 450.0M | 416.0M | 364.0M | 317.0M | 270.0M | 237.0M | 194.0M |
| Total Assets | 2.4B | 2.4B | 1.2B | 1.3B | 1.2B | 878.0M | 966.0M | 961.0M | 883.0M | 765.0M | 727.0M | 643.0M | 606.0M | 611.0M |
| Short Term Borrowings | 414.0M | 386.0M | 241.0M | 176.0M | 60.4M | 69.6M | 160.0M | 76.0M | 23.0M | 95.0M | 98.4M | 106.0M | 140.0M | 209.0M |
| Accounts Payable | 585.0M | 349.0M | 99.3M | 83.4M | 82.3M | 45.9M | 22.5M | 32.3M | 38.7M | 41.6M | 44.2M | 50.7M | 45.4M | 54.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.6M | 1.8M | 2.6M | 11.3M | 15.2M | 3.5M | 12.5M | 12.6M | 2.1M |
| Contract Liabilities | 39.8M | 42.5M | 4.4M | 5.0M | 6.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.5B | 1.3B | 473.0M | 450.0M | 333.0M | 159.0M | 260.0M | 266.0M | 175.0M | 254.0M | 252.0M | 256.0M | 287.0M | 340.0M |
| Long Term Borrowings | 330.0M | 37.4M | 35.4M | 38.4M | 70.0M | -- | -- | -- | 26.2M | 53.2M | 65.7M | 23.4M | -- | 400,500 |
| Total Non Current Liabilities | 471.0M | 110.0M | 51.4M | 48.7M | 79.0M | 9.9M | 6.9M | 7.0M | 31.9M | 60.4M | 71.8M | 28.0M | 4.4M | 3.4M |
| Total Liabilities | 2.0B | 1.4B | 525.0M | 499.0M | 412.0M | 169.0M | 267.0M | 273.0M | 207.0M | 314.0M | 323.0M | 284.0M | 292.0M | 343.0M |
| Paid In Capital | 287.0M | 287.0M | 287.0M | 287.0M | 221.0M | 221.0M | 221.0M | 221.0M | 221.0M | 166.0M | 166.0M | 166.0M | 166.0M | 166.0M |
| Capital Reserve | 126.0M | 121.0M | 125.0M | 125.0M | 191.0M | 191.0M | 191.0M | 191.0M | 191.0M | 54.5M | 54.5M | 54.5M | 54.5M | 54.5M |
| Surplus Reserve | 31.0M | 31.0M | 31.0M | 31.0M | 25.7M | 22.0M | 21.0M | 19.6M | 18.1M | 15.9M | 12.7M | 9.6M | 6.3M | 2.9M |
| Retained Earnings | 90.1M | 289.0M | 257.0M | 354.0M | 319.0M | 273.0M | 265.0M | 256.0M | 243.0M | 214.0M | 172.0M | 130.0M | 88.6M | 45.0M |
| Minority Equity | -66.9M | 172.0M | 698,100 | 626,200 | 69,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 511.0M | 734.0M | 683.0M | 810.0M | 757.0M | 709.0M | 699.0M | 688.0M | 676.0M | 451.0M | 404.0M | 359.0M | 315.0M | 267.0M |
| Total Equity | 444.0M | 906.0M | 684.0M | 811.0M | 757.0M | 709.0M | 699.0M | 688.0M | 676.0M | 451.0M | 404.0M | 359.0M | 315.0M | 267.0M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 704.0M | 941.0M | 804.0M | 763.0M | 679.0M | 564.0M | 538.0M | 516.0M | 528.0M | 645.0M | 657.0M | 691.0M | 614.0M | 562.0M |
| Tax Refunds Received | 49.1M | 853,400 | 10.1M | 3.3M | 2.3M | 2.4M | 3.0M | 2.9M | 1.4M | 2.9M | 3.4M | 2.0M | 2.8M | 1.2M |
| Total Operating Cash Inflow | 842.0M | 995.0M | 827.0M | 773.0M | 688.0M | 577.0M | 549.0M | 531.0M | 538.0M | 660.0M | 671.0M | 703.0M | 628.0M | 577.0M |
| Cash Paid For Goods | 464.0M | 562.0M | 579.0M | 569.0M | 479.0M | 286.0M | 417.0M | 295.0M | 336.0M | 413.0M | 457.0M | 499.0M | 434.0M | 386.0M |
| Cash Paid To Employees | 187.0M | 157.0M | 123.0M | 126.0M | 90.9M | 90.6M | 87.5M | 95.5M | 88.0M | 79.3M | 76.5M | 71.2M | 73.4M | 65.1M |
| Taxes Paid | 30.7M | 46.1M | 35.2M | 33.3M | 31.1M | 34.5M | 28.7M | 22.5M | 35.2M | 44.7M | 42.5M | 33.6M | 29.0M | 26.1M |
| Total Operating Cash Outflow | 760.0M | 818.0M | 773.0M | 760.0M | 637.0M | 446.0M | 570.0M | 452.0M | 504.0M | 582.0M | 624.0M | 646.0M | 577.0M | 520.0M |
| Operating Cash Flow | 81.9M | 178.0M | 53.7M | 13.5M | 51.1M | 131.0M | -20.7M | 79.2M | 34.1M | 78.2M | 47.3M | 56.2M | 51.7M | 57.3M |
| Total Investing Cash Inflow | 1.5M | 106.0M | 1.9M | 175,100 | 396,600 | 28.9M | 3.0M | 14,000 | 557,300 | 50,000 | 176,000 | 330,100 | 366,300 | 2.1M |
| Total Investing Cash Outflow | 475.0M | 564.0M | 24.9M | 61.4M | 161.0M | 44.3M | 10.6M | 56.8M | 51.1M | 51.2M | 64.7M | 48.9M | 36.7M | 91.4M |
| Investing Cash Flow | -474.0M | -459.0M | -22.9M | -61.2M | -160.0M | -15.4M | -7.6M | -56.8M | -50.6M | -51.1M | -64.5M | -48.6M | -36.3M | -89.3M |
| Cash From Borrowings | 941.0M | 621.0M | 269.0M | 222.0M | 195.0M | 167.0M | 208.0M | 132.0M | 88.0M | 208.0M | 300.0M | 253.0M | 324.0M | 301.0M |
| Dividends And Interest Paid | 40.2M | 15.4M | 27.1M | 24.9M | 7.1M | 11.0M | 15.4M | 14.3M | 6.9M | 12.6M | 12.1M | 9.9M | 14.2M | 12.7M |
| Debt Repayments | 502.0M | 457.0M | 207.0M | 155.0M | 115.0M | 258.0M | 151.0M | 71.0M | 200.0M | 221.0M | 259.0M | 261.0M | 393.0M | 275.0M |
| Total Financing Cash Inflow | 991.0M | 771.0M | 342.0M | 240.0M | 227.0M | 235.0M | 227.0M | 134.0M | 332.0M | 244.0M | 334.0M | 296.0M | 438.0M | 410.0M |
| Total Financing Cash Outflow | 579.0M | 521.0M | 325.0M | 211.0M | 140.0M | 321.0M | 200.0M | 148.0M | 262.0M | 275.0M | 313.0M | 308.0M | 451.0M | 406.0M |
| Financing Cash Flow | 412.0M | 251.0M | 16.9M | 29.3M | 86.9M | -86.5M | 26.7M | -13.5M | 70.1M | -31.2M | 20.6M | -12.3M | -13.4M | 4.0M |
| Net Change In Cash | 20.0M | -30.1M | 50.0M | -19.0M | -23.6M | 29.3M | -522,200 | 7.1M | 54.6M | -3.6M | 3.3M | -4.9M | 2.0M | -27.9M |
| Ending Cash Balance | 131.0M | 111.0M | 141.0M | 91.5M | 110.0M | 134.0M | 105.0M | 105.0M | 98.2M | 43.6M | 47.2M | 43.9M | 48.7M | 46.8M |
| Capex | 457.0M | 551.0M | 16.3M | 28.9M | 11.1M | 13.8M | 10.6M | 56.8M | 51.1M | 51.2M | 64.7M | 48.9M | 36.7M | 51.5M |