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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 906.0M | 940.0M | 1.1B | 1.2B | 1.2B | 1.2B | 1.0B | 1.1B | 998.0M | 876.0M | 683.0M | 573.0M | 532.0M |
| Revenue Growth % | -3.6% | -14.1% | -7.6% | 1.9% | 0.7% | 12.0% | -2.3% | 5.6% | 13.9% | 28.3% | 19.2% | 7.7% | -- |
| Total Revenue | 906.0M | 940.0M | 1.1B | 1.2B | 1.2B | 1.2B | 1.0B | 1.1B | 998.0M | 876.0M | 683.0M | 573.0M | 532.0M |
| Cost Of Revenue | 741.0M | 792.0M | 912.0M | 968.0M | 906.0M | 874.0M | 784.0M | 742.0M | 692.0M | 650.0M | 482.0M | 402.0M | 362.0M |
| Gross Profit | 165.0M | 148.0M | 182.0M | 216.0M | 256.0M | 280.0M | 246.0M | 312.0M | 306.0M | 226.0M | 201.0M | 171.0M | 170.0M |
| Gross Margin % | 18.2% | 15.7% | 16.6% | 18.2% | 22.0% | 24.3% | 23.9% | 29.6% | 30.7% | 25.8% | 29.4% | 29.8% | 32.0% |
| Total Operating Cost | 876.0M | 1.1B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 981.0M | 916.0M | 820.0M | 640.0M | 540.0M | 481.0M |
| Selling Expenses | 58.5M | 82.8M | 89.4M | 82.1M | 79.5M | 111.0M | 128.0M | 113.0M | 121.0M | 91.4M | 79.6M | 68.8M | 66.2M |
| Admin Expenses | 66.0M | 81.3M | 89.8M | 86.0M | 94.1M | 77.7M | 76.5M | 94.3M | 78.1M | 63.4M | 55.9M | 49.3M | 38.9M |
| Rd Expenses | 45.6M | 55.8M | 60.6M | 56.9M | 61.3M | 52.2M | 56.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 3.8M | 11.7M | 7.3M | 23.2M | 34.2M | 22.4M | 11.8M | 3.1M | 8.2M | 6.7M | 7.5M | 3.9M | 4.8M |
| Operating Income | 21.9M | -90.2M | -120.0M | -9.5M | 8.9M | 22.8M | -113.0M | 80.0M | 101.0M | 56.3M | 42.2M | 33.5M | 51.9M |
| Operating Margin % | 2.4% | -9.6% | -11.0% | -0.8% | 0.8% | 2.0% | -11.0% | 7.6% | 10.1% | 6.4% | 6.2% | 5.8% | 9.8% |
| Non Operating Income | 327,300 | 8.7M | 459,400 | 105,400 | 482,600 | 5.0M | 4.4M | 2.1M | 2.5M | 1.9M | 830,700 | 371,000 | 630,900 |
| Non Operating Expenses | 233,700 | 1.2M | 687,000 | 3.9M | 2.7M | 893,900 | 1.3M | 1.2M | 944,400 | 646,400 | 308,900 | 720,000 | 694,500 |
| Investment Income | -27.0M | 3.2M | 2.2M | 198,400 | 14.6M | 503,300 | 509,800 | 1.4M | -- | -- | -- | -- | 211,600 |
| Fair Value Change Income | 10,800 | 39,400 | 58,500 | 115,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -102,200 | -455,200 | 74,000 | -257,400 | -228,400 | -67,200 | -84,600 | -166,300 | 18.9M | -- | -- | -- | -- |
| Asset Impairment Loss | 4.7M | 14.4M | 13.3M | 6.7M | 6.1M | 8.5M | 80.9M | 16.9M | 7.9M | 3.5M | 10.4M | 11.2M | 5.2M |
| Other Income | 19.8M | 23.2M | 15.9M | 28.5M | 20.7M | 23.2M | 2.5M | 6.0M | -- | -- | -- | -- | -- |
| Income Before Tax | 22.0M | -82.7M | -120.0M | -13.3M | 6.7M | 26.9M | -110.0M | 80.9M | 102.0M | 57.5M | 42.8M | 33.2M | 51.8M |
| Income Tax | 8.8M | -718,200 | -16.0M | -9.8M | -3.1M | -1.2M | -10.7M | 14.0M | 18.2M | 10.0M | 9.5M | 6.5M | 12.6M |
| Net Income | 13.2M | -81.9M | -104.0M | -3.5M | 9.8M | 28.1M | -99.5M | 66.9M | 84.0M | 47.5M | 33.2M | 26.6M | 39.2M |
| Net Margin % | 1.5% | -8.7% | -9.5% | -0.3% | 0.8% | 2.4% | -9.7% | 6.4% | 8.4% | 5.4% | 4.9% | 4.6% | 7.4% |
| Net Income Attributable | 14.6M | -84.2M | -95.5M | 8.4M | 31.8M | 23.7M | -104.0M | 66.9M | 84.0M | 47.5M | 33.2M | 26.6M | 39.2M |
| Minority Interest | -1.4M | 2.3M | -8.6M | -11.9M | -22.0M | 4.4M | 4.2M | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.09 | -0.52 | -0.59 | 0.06 | 0.23 | 0.17 | -0.75 | 0.55 | 0.82 | 0.47 | 0.35 | -- | -- |
| Eps Diluted | 0.09 | -0.52 | -0.59 | 0.06 | 0.23 | 0.17 | -0.75 | 0.55 | 0.82 | 0.47 | 0.35 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 418.0M | 280.0M | 284.0M | 368.0M | 253.0M | 267.0M | 222.0M | 215.0M | 220.0M | 115.0M | 95.0M | 70.5M | 60.6M |
| Trading Financial Assets | 30.1M | 100.0M | 90.1M | 70.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 413.0M | 467.0M | 501.0M | 656.0M | 572.0M | 683.0M | 839.0M | 659.0M | 496.0M | 479.0M | 409.0M | 311.0M | 269.0M |
| Notes Receivable | 6.7M | 16.1M | 15.5M | 30.0M | 10.8M | 15.5M | 13.6M | 19.6M | 4.5M | 4.4M | 2.6M | 6.7M | 7.5M |
| Notes And Accounts Receivable | 419.0M | 483.0M | 516.0M | 686.0M | 582.0M | 699.0M | 852.0M | 679.0M | 501.0M | 483.0M | 412.0M | 318.0M | 276.0M |
| Prepayments | 1.2M | 3.4M | 6.1M | 16.3M | 13.4M | 28.1M | 26.3M | 29.5M | 7.1M | 6.4M | 1.8M | 3.3M | 22.2M |
| Inventory | 74.9M | 110.0M | 131.0M | 148.0M | 132.0M | 204.0M | 138.0M | 146.0M | 250.0M | 275.0M | 257.0M | 199.0M | 196.0M |
| Total Current Assets | 990.0M | 1.0B | 1.1B | 1.4B | 1.2B | 1.3B | 1.3B | 1.2B | 1.0B | 889.0M | 774.0M | 598.0M | 560.0M |
| Long Term Equity Investment | -- | -- | -- | 1.8M | 2.2M | 1.2M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 393.0M | 431.0M | 499.0M | 542.0M | 481.0M | 299.0M | 163.0M | 164.0M | 118.0M | 61.0M | 55.1M | 53.6M |
| Fixed Assets Total | 357.0M | 393.0M | 431.0M | 499.0M | 542.0M | 481.0M | 299.0M | 163.0M | 164.0M | 118.0M | 61.0M | 55.1M | 53.6M |
| Construction In Progress | -- | -- | -- | -- | -- | 82.6M | 75.1M | 1.5M | 874,500 | 54.8M | 97.9M | 61.9M | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- | 82.6M | 75.1M | 1.5M | 874,500 | 54.8M | 97.9M | 61.9M | -- |
| Intangible Assets | 91.2M | 100.0M | 117.0M | 123.0M | 123.0M | 125.0M | 120.0M | 61.8M | 61.5M | 64.7M | 65.1M | 66.1M | 5.2M |
| Long Term Deferred Expenses | 3,100 | 151,700 | 1.1M | 2.4M | 2.1M | 4.7M | 1.2M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 576.0M | 632.0M | 722.0M | 755.0M | 757.0M | 913.0M | 789.0M | 259.0M | 252.0M | 245.0M | 231.0M | 188.0M | 61.9M |
| Total Assets | 1.6B | 1.6B | 1.8B | 2.1B | 1.9B | 2.2B | 2.1B | 1.5B | 1.3B | 1.1B | 1.0B | 786.0M | 622.0M |
| Short Term Borrowings | 97.6M | 161.0M | 201.0M | 285.0M | 296.0M | 309.0M | 311.0M | -- | 108.0M | 113.0M | 118.0M | 95.0M | 49.0M |
| Accounts Payable | 264.0M | 336.0M | 284.0M | 426.0M | 425.0M | 468.0M | 586.0M | -- | 583.0M | 609.0M | 516.0M | 337.0M | 274.0M |
| Advance Receipts | 34,500 | 427,200 | 402,300 | 1.1M | -- | 18.8M | 15.6M | 13.3M | 11.6M | 5.6M | 889,500 | 1.7M | 1.6M |
| Contract Liabilities | 5.3M | 7.7M | 14.9M | 12.1M | 11.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 477.0M | 592.0M | 643.0M | 867.0M | 830.0M | 934.0M | 1.1B | 629.0M | 793.0M | 752.0M | 669.0M | 484.0M | 362.0M |
| Long Term Borrowings | 60.5M | -- | 6.1M | 95.7M | 164.0M | 271.0M | 104.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 119.0M | 80.0M | 84.0M | 186.0M | 266.0M | 385.0M | 166.0M | 3.2M | 6.9M | 6.9M | 6.9M | 6.9M | 6.9M |
| Total Liabilities | 596.0M | 672.0M | 727.0M | 1.1B | 1.1B | 1.3B | 1.2B | 633.0M | 800.0M | 758.0M | 676.0M | 491.0M | 369.0M |
| Paid In Capital | 161.0M | 161.0M | 161.0M | 161.0M | 136.0M | 136.0M | 139.0M | 139.0M | 102.0M | 102.0M | 102.0M | 77.0M | 72.5M |
| Capital Reserve | 717.0M | 717.0M | 721.0M | 717.0M | 496.0M | 508.0M | 553.0M | 514.0M | 160.0M | 160.0M | 160.0M | 87.1M | 62.5M |
| Surplus Reserve | 21.8M | 21.8M | 21.8M | 21.8M | 21.8M | 17.8M | 17.8M | 17.8M | 13.4M | 6.3M | 2.9M | 13.7M | 12.1M |
| Retained Earnings | -517,800 | -15.1M | 69.2M | 167.0M | 165.0M | 145.0M | 121.0M | 247.0M | 184.0M | 107.0M | 63.2M | 117.0M | 106.0M |
| Minority Equity | 70.5M | 74.6M | 73.7M | 12.8M | 24.2M | 112.0M | 102.0M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 899.0M | 885.0M | 973.0M | 1.1B | 820.0M | 808.0M | 784.0M | 869.0M | 460.0M | 376.0M | 328.0M | 295.0M | 253.0M |
| Total Equity | 970.0M | 959.0M | 1.0B | 1.1B | 844.0M | 919.0M | 886.0M | 869.0M | 460.0M | 376.0M | 328.0M | 295.0M | 253.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 964.0M | 1.1B | 1.4B | 1.2B | 1.4B | 1.5B | 1.2B | 1.0B | 1.1B | 902.0M | 645.0M | 593.0M | 580.0M |
| Tax Refunds Received | 3.1M | 2.9M | 27.0M | 12.4M | 25.4M | 6.2M | 7.3M | -- | 14,200 | -- | -- | 59,400 | 87,100 |
| Total Operating Cash Inflow | 996.0M | 1.2B | 1.5B | 1.3B | 1.4B | 1.6B | 1.2B | 1.0B | 1.1B | 907.0M | 647.0M | 595.0M | 588.0M |
| Cash Paid For Goods | 725.0M | 805.0M | 1.2B | 1.0B | 1.0B | 1.1B | 924.0M | 769.0M | 677.0M | 571.0M | 360.0M | 380.0M | 398.0M |
| Cash Paid To Employees | 118.0M | 149.0M | 172.0M | 159.0M | 170.0M | 166.0M | 147.0M | 142.0M | 132.0M | 121.0M | 101.0M | 78.5M | 57.4M |
| Taxes Paid | 21.4M | 31.5M | 33.3M | 28.6M | 38.7M | 53.0M | 56.8M | 93.2M | 78.7M | 61.4M | 62.5M | 45.8M | 38.7M |
| Total Operating Cash Outflow | 960.0M | 1.1B | 1.5B | 1.3B | 1.4B | 1.5B | 1.3B | 1.2B | 987.0M | 836.0M | 592.0M | 577.0M | 566.0M |
| Operating Cash Flow | 35.9M | 77.3M | 75.7M | -58.2M | 70.1M | 43.1M | -53.3M | -175.0M | 115.0M | 70.5M | 54.7M | 18.0M | 22.1M |
| Total Investing Cash Inflow | 421.0M | 301.0M | 289.0M | 171.0M | 112.0M | 162.0M | 131.0M | 202.0M | 1,200 | 32,000 | -- | 819,000 | 3.1M |
| Total Investing Cash Outflow | 359.0M | 267.0M | 322.0M | 189.0M | 50.7M | 333.0M | 562.0M | 294.0M | 38.7M | 34.0M | 39.8M | 81.3M | 31.4M |
| Investing Cash Flow | 61.3M | 34.7M | -32.7M | -18.4M | 61.1M | -171.0M | -431.0M | -92.4M | -38.7M | -33.9M | -39.8M | -80.5M | -28.3M |
| Cash From Borrowings | 233.0M | 235.0M | 201.0M | 329.0M | 510.0M | 848.0M | 650.0M | 72.0M | 133.0M | 115.0M | 118.0M | 95.0M | 55.1M |
| Dividends And Interest Paid | 5.6M | 11.0M | 17.3M | 28.5M | 70.5M | 26.0M | 35.3M | 2.5M | 8.4M | 6.9M | 12.0M | 11.5M | 26.4M |
| Debt Repayments | 241.0M | 341.0M | 354.0M | 390.0M | 571.0M | 622.0M | 211.0M | 180.0M | 138.0M | 120.0M | 95.0M | 49.0M | 64.1M |
| Total Financing Cash Inflow | 260.0M | 261.0M | 295.0M | 615.0M | 564.0M | 873.0M | 761.0M | 469.0M | 163.0M | 117.0M | 118.0M | 124.0M | 130.0M |
| Total Financing Cash Outflow | 287.0M | 380.0M | 388.0M | 452.0M | 672.0M | 706.0M | 294.0M | 224.0M | 148.0M | 128.0M | 110.0M | 60.7M | 90.7M |
| Financing Cash Flow | -26.2M | -119.0M | -93.0M | 163.0M | -108.0M | 167.0M | 467.0M | 246.0M | 15.3M | -11.8M | 8.1M | 63.4M | 39.4M |
| Net Change In Cash | 72.2M | -8.0M | -46.9M | 85.6M | 18.9M | 39.6M | -17.3M | -22.4M | 92.1M | 25.1M | 23.1M | 755,000 | 33.2M |
| Ending Cash Balance | 322.0M | 250.0M | 258.0M | 305.0M | 219.0M | 201.0M | 161.0M | 178.0M | 201.0M | 109.0M | 83.4M | 60.4M | 59.6M |
| Capex | 11.3M | 16.6M | 17.2M | 46.7M | 49.3M | 182.0M | 328.0M | 33.8M | 38.7M | 34.0M | 39.8M | 81.3M | 30.3M |