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 | 837.0M | 842.0M | 740.0M | 732.0M | 629.0M | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | 1.2B | 1.1B |
| Revenue Growth % | -0.6% | 13.8% | 1.1% | 16.4% | -39.8% | -6.5% | 1.1% | 1.4% | -12.0% | -6.6% | 0.5% | 5.9% | 12.0% | -- |
| Total Revenue | 837.0M | 842.0M | 740.0M | 732.0M | 629.0M | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | 1.2B | 1.1B |
| Cost Of Revenue | 727.0M | 725.0M | 633.0M | 629.0M | 603.0M | 819.0M | 852.0M | 856.0M | 849.0M | 954.0M | 1.0B | 1.0B | 927.0M | 835.0M |
| Gross Profit | 110.0M | 117.0M | 107.0M | 103.0M | 26.0M | 225.0M | 265.0M | 249.0M | 241.0M | 284.0M | 283.0M | 317.0M | 318.0M | 277.0M |
| Gross Margin % | 13.1% | 13.9% | 14.5% | 14.1% | 4.1% | 21.6% | 23.7% | 22.5% | 22.1% | 22.9% | 21.3% | 24.0% | 25.5% | 24.9% |
| Total Operating Cost | 1.0B | 960.0M | 862.0M | 838.0M | 774.0M | 1.0B | 1.1B | 1.1B | 1.0B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B |
| Selling Expenses | 11.7M | 11.3M | 11.6M | 8.9M | 7.2M | 8.5M | 9.9M | 9.1M | 8.5M | 9.3M | 8.7M | 6.6M | 7.0M | 5.2M |
| Admin Expenses | 150.0M | 179.0M | 181.0M | 181.0M | 155.0M | 191.0M | 199.0M | 168.0M | 167.0M | 188.0M | 183.0M | 181.0M | 182.0M | 162.0M |
| Rd Expenses | 1.4M | 1.0M | 1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 15.3M | 17.3M | 9.7M | 2.2M | -578,200 | -8.3M | -3.3M | -1.1M | -2.3M | -49,000 | 811,700 | 20.4M | 20.8M | 14.5M |
| Operating Income | -90.1M | -67.2M | 43.1M | -61.4M | -75.0M | 76.7M | 88.4M | 74.9M | 68.9M | 78.2M | 89.5M | 73.8M | 73.4M | 54.9M |
| Operating Margin % | -10.8% | -8.0% | 5.8% | -8.4% | -11.9% | 7.4% | 7.9% | 6.8% | 6.3% | 6.3% | 6.7% | 5.6% | 5.9% | 4.9% |
| Non Operating Income | 3.7M | 4.3M | 6.9M | 5.2M | 3.1M | 8.3M | 3.7M | 5.5M | 22.5M | 22.7M | 18.1M | 21.3M | 21.5M | 15.7M |
| Non Operating Expenses | 5.7M | 1.7M | 1.8M | 2.3M | 7.2M | 9.3M | 10.8M | 3.1M | 7.5M | 5.8M | 12.6M | 6.6M | 8.8M | 3.1M |
| Investment Income | -1.4M | -1.6M | -1.2M | -159,200 | 11.1M | 5.2M | 12.3M | 9.2M | 9.3M | 1.3M | 2.4M | -1.2M | 3.3M | 1.7M |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -3,200 |
| Asset Disposal Income | 7.8M | 6.9M | 105.0M | 996,700 | 2.3M | 22.4M | 10.0M | 342,900 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.1M | 2.1M | 3.0M | 405,700 | -- | -- | 1.5M | 18.7M | -1.8M | 2.1M | -3.7M | 2.9M | -1.7M | 6.7M |
| Other Income | 72.7M | 46.1M | 61.0M | 43.5M | 56.9M | 32.9M | 21.8M | 22.9M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -92.1M | -64.6M | 48.1M | -58.5M | -79.1M | 75.7M | 81.3M | 77.2M | 83.8M | 95.0M | 95.0M | 88.5M | 86.2M | 67.5M |
| Income Tax | 5.7M | 5.1M | 9.1M | 14.2M | 17.1M | 28.6M | 20.9M | 24.9M | 20.3M | 25.5M | 28.7M | 30.0M | 27.1M | 18.9M |
| Net Income | -97.7M | -69.7M | 39.1M | -72.7M | -96.2M | 47.2M | 60.4M | 52.3M | 63.5M | 69.6M | 66.3M | 58.5M | 59.1M | 48.6M |
| Net Margin % | -11.7% | -8.3% | 5.3% | -9.9% | -15.3% | 4.5% | 5.4% | 4.7% | 5.8% | 5.6% | 5.0% | 4.4% | 4.7% | 4.4% |
| Net Income Attributable | -97.7M | -69.0M | 39.4M | -71.8M | -98.0M | 49.1M | 58.9M | 50.7M | 62.8M | 68.9M | 65.8M | 58.5M | 60.1M | 49.2M |
| Minority Interest | -42,700 | -732,200 | -301,900 | -896,300 | 1.9M | -2.0M | 1.5M | 1.5M | 689,800 | 686,100 | 509,200 | -74,300 | -1.0M | -568,500 |
| Eps Basic | -0.31 | -0.22 | 0.12 | -0.23 | -0.31 | 0.16 | 0.19 | 0.16 | 0.23 | 0.29 | 0.28 | 0.25 | 0.25 | 0.21 |
| Eps Diluted | -0.31 | -0.22 | 0.12 | -0.23 | -0.31 | 0.16 | 0.19 | 0.16 | 0.23 | 0.29 | 0.28 | 0.25 | 0.25 | 0.21 |
| 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 | 237.0M | 333.0M | 182.0M | 244.0M | 352.0M | 411.0M | 467.0M | 379.0M | 504.0M | 324.0M | 259.0M | 143.0M | 183.0M | 181.0M |
| Trading Financial Assets | -- | -- | -- | 15.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 250,800 |
| Accounts Receivable | 206.0M | 187.0M | 176.0M | 90.1M | 69.8M | 66.2M | 59.6M | 53.3M | 50.4M | 34.7M | 31.5M | 32.5M | 36.4M | 27.8M |
| Notes Receivable | -- | -- | -- | 98,600 | 1.2M | 1.7M | 1.9M | 4.0M | -- | 781,100 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 206.0M | 187.0M | 176.0M | 90.2M | 71.0M | 68.0M | 61.5M | 57.4M | 50.4M | 35.5M | 31.5M | 32.5M | 36.4M | 27.8M |
| Prepayments | 76.3M | 158.0M | 178.0M | 68.7M | 6.9M | 24.2M | 18.0M | 12.1M | 49.2M | 19.0M | 16.0M | 113.0M | 129.0M | 60.5M |
| Inventory | 60.7M | 46.1M | 2.2M | 23.3M | 22.9M | 17.7M | 28.2M | 17.4M | 10.7M | 9.7M | 11.8M | 13.8M | 12.2M | 18.3M |
| Total Current Assets | 893.0M | 883.0M | 634.0M | 496.0M | 506.0M | 612.0M | 685.0M | 665.0M | 704.0M | 480.0M | 402.0M | 470.0M | 508.0M | 490.0M |
| Long Term Equity Investment | 2.8M | 3.9M | 5.1M | 6.9M | 7.0M | 35.5M | 27.6M | 25.5M | 21.6M | 14.0M | 13.0M | 10.9M | 12.4M | 18.4M |
| Fixed Assets | -- | 881.0M | 931.0M | -- | 847.0M | 814.0M | 675.0M | 623.0M | 462.0M | 443.0M | 517.0M | 623.0M | 681.0M | 580.0M |
| Fixed Assets Total | 900.0M | 881.0M | 931.0M | 1.0B | 847.0M | 816.0M | 675.0M | 623.0M | 462.0M | 443.0M | 517.0M | 623.0M | 681.0M | 580.0M |
| Construction In Progress | -- | 508.0M | 145.0M | 72.1M | 78.9M | 78.5M | 190.0M | 182.0M | 235.0M | 164.0M | 83.8M | 102.0M | 49.9M | 201.0M |
| Construction In Progress Total | 634.0M | 508.0M | 145.0M | 72.1M | 78.9M | 78.5M | 190.0M | 182.0M | 235.0M | 164.0M | 83.8M | 102.0M | 49.9M | 201.0M |
| Intangible Assets | 245.0M | 252.0M | 262.0M | 231.0M | 219.0M | 234.0M | 220.0M | 247.0M | 233.0M | 236.0M | 243.0M | 213.0M | 156.0M | 174.0M |
| Long Term Deferred Expenses | 2.8M | 3.0M | 7.4M | 11.6M | 19.2M | 25.0M | 33.3M | 8.5M | 7.9M | 11.2M | 10.7M | 15.1M | 8.5M | 9.3M |
| Total Non Current Assets | 1.8B | 1.7B | 1.4B | 1.4B | 1.4B | 1.5B | 1.3B | 1.2B | 1.1B | 976.0M | 965.0M | 1.1B | 998.0M | 1.1B |
| Total Assets | 2.7B | 2.6B | 2.1B | 1.9B | 1.9B | 2.1B | 2.0B | 1.9B | 1.8B | 1.5B | 1.4B | 1.5B | 1.5B | 1.6B |
| Short Term Borrowings | -- | 6.2M | -- | -- | -- | -- | -- | -- | -- | -- | 30.0M | 170.0M | 74.7M | 50.0M |
| Accounts Payable | 361.0M | 336.0M | 121.0M | 165.0M | 216.0M | 187.0M | 167.0M | 180.0M | 147.0M | 119.0M | 98.3M | 142.0M | 151.0M | 184.0M |
| Advance Receipts | 4.1M | 4.8M | 8.8M | 7.8M | 17.9M | 28.8M | 12.6M | 7.5M | 19.9M | 11.1M | 11.1M | 11.1M | 18.2M | 4.5M |
| Contract Liabilities | 28.2M | 44.5M | 6.8M | 12.0M | 7.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 944.0M | 538.0M | 660.0M | 660.0M | 754.0M | 713.0M | 681.0M | 626.0M | 649.0M | 630.0M | 848.0M | 837.0M | 1.0B |
| Long Term Borrowings | 443.0M | 576.0M | 403.0M | 100.0M | 100.0M | 450,000 | -- | -- | -- | 20.0M | 62.0M | 81.6M | 147.0M | 152.0M |
| Total Non Current Liabilities | 583.0M | 725.0M | 548.0M | 255.0M | 242.0M | 143.0M | 122.0M | 94.3M | 88.5M | 101.0M | 104.0M | 115.0M | 181.0M | 194.0M |
| Total Liabilities | 1.9B | 1.7B | 1.1B | 915.0M | 903.0M | 897.0M | 835.0M | 775.0M | 715.0M | 750.0M | 735.0M | 963.0M | 1.0B | 1.2B |
| Paid In Capital | 316.0M | 316.0M | 316.0M | 316.0M | 316.0M | 316.0M | 316.0M | 316.0M | 316.0M | 237.0M | 237.0M | 237.0M | 237.0M | 237.0M |
| Capital Reserve | 374.0M | 374.0M | 373.0M | 373.0M | 375.0M | 385.0M | 376.0M | 376.0M | 376.0M | 167.0M | 167.0M | 167.0M | 159.0M | 155.0M |
| Surplus Reserve | 32.7M | 32.7M | 32.7M | 32.7M | 32.7M | 32.7M | 32.6M | 30.1M | 26.4M | 24.5M | 20.3M | 14.3M | 7.8M | 874,600 |
| Retained Earnings | 76.8M | 174.0M | 243.0M | 204.0M | 279.0M | 396.0M | 364.0M | 324.0M | 295.0M | 235.0M | 170.0M | 110.0M | 58.0M | 4.8M |
| Minority Equity | 4.7M | 9.0M | 16.7M | 15.8M | 10.8M | 29.4M | 10.1M | 9.0M | 7.8M | 7.5M | 6.9M | 6.4M | 6.6M | 8.6M |
| Equity Attributable | 811.0M | 909.0M | 979.0M | 940.0M | 1.0B | 1.2B | 1.1B | 1.1B | 1.0B | 699.0M | 625.0M | 554.0M | 481.0M | 408.0M |
| Total Equity | 816.0M | 918.0M | 996.0M | 956.0M | 1.0B | 1.2B | 1.1B | 1.1B | 1.1B | 706.0M | 632.0M | 561.0M | 487.0M | 417.0M |
| 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 | 942.0M | 1.0B | 697.0M | 739.0M | 625.0M | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 1.4B | 1.3B | 1.3B | 1.1B |
| Tax Refunds Received | 160,000 | 1.7M | 23.7M | -- | 1.8M | 70,400 | 152,400 | 2.5M | 57,100 | 524,600 | 1.5M | 808,400 | 126,100 | -- |
| Total Operating Cash Inflow | 1.2B | 1.4B | 1.0B | 1.0B | 871.0M | 1.5B | 1.5B | 1.4B | 1.5B | 1.7B | 1.9B | 1.7B | 1.7B | 1.5B |
| Cash Paid For Goods | 645.0M | 564.0M | 484.0M | 405.0M | 315.0M | 512.0M | 516.0M | 437.0M | 431.0M | 489.0M | 609.0M | 591.0M | 668.0M | 529.0M |
| Cash Paid To Employees | 268.0M | 282.0M | 281.0M | 308.0M | 262.0M | 336.0M | 337.0M | 334.0M | 336.0M | 319.0M | 311.0M | 308.0M | 280.0M | 236.0M |
| Taxes Paid | 68.5M | 99.9M | 78.9M | 68.3M | 49.7M | 98.2M | 101.0M | 92.1M | 104.0M | 104.0M | 137.0M | 101.0M | 102.0M | 84.9M |
| Total Operating Cash Outflow | 1.3B | 1.2B | 1.1B | 1.0B | 850.0M | 1.3B | 1.3B | 1.2B | 1.3B | 1.4B | 1.6B | 1.4B | 1.5B | 1.3B |
| Operating Cash Flow | -18.4M | 143.0M | -88.4M | -18.4M | 21.2M | 153.0M | 202.0M | 213.0M | 176.0M | 234.0M | 271.0M | 273.0M | 213.0M | 195.0M |
| Total Investing Cash Inflow | 4.9M | 28.9M | 18.7M | 3.3M | 351.0M | 275.0M | 533.0M | 586.0M | 211.0M | 405,500 | 135.0M | 1.3M | 60.7M | 118.0M |
| Total Investing Cash Outflow | 260.0M | 198.0M | 221.0M | 185.0M | 516.0M | 489.0M | 630.0M | 885.0M | 426.0M | 119.0M | 117.0M | 252.0M | 342.0M | 471.0M |
| Investing Cash Flow | -255.0M | -170.0M | -203.0M | -181.0M | -166.0M | -214.0M | -96.9M | -299.0M | -215.0M | -118.0M | 17.6M | -250.0M | -281.0M | -353.0M |
| Cash From Borrowings | 311.0M | 271.0M | 350.0M | 100.0M | 100.0M | 1.8M | -- | -- | -- | -- | 80.0M | 170.0M | 190.0M | 195.0M |
| Dividends And Interest Paid | 24.3M | 20.5M | 10.9M | 5.4M | 16.6M | 20.8M | 16.1M | 19.6M | 22.1M | 13.5M | 15.4M | 23.0M | 22.1M | 10.5M |
| Debt Repayments | 88.3M | 70.0M | 102.0M | 450,000 | 900,000 | 450,000 | -- | 20.0M | 42.3M | 77.6M | 248.0M | 210.0M | 96.6M | 27.3M |
| Total Financing Cash Inflow | 336.0M | 273.0M | 359.0M | 106.0M | 102.0M | 25.4M | -- | -- | 287.0M | 40.0M | 90.0M | 170.0M | 190.0M | 199.0M |
| Total Financing Cash Outflow | 143.0M | 125.0M | 155.0M | 14.6M | 17.5M | 21.7M | 16.1M | 39.6M | 70.3M | 91.1M | 263.0M | 233.0M | 119.0M | 37.8M |
| Financing Cash Flow | 193.0M | 149.0M | 203.0M | 91.9M | 84.9M | 3.6M | -16.1M | -39.6M | 217.0M | -51.1M | -173.0M | -62.9M | 71.0M | 162.0M |
| Net Change In Cash | -80.6M | 122.0M | -87.6M | -108.0M | -59.7M | -57.5M | 89.2M | -125.0M | 178.0M | 64.7M | 116.0M | -40.1M | 2.4M | 4.1M |
| Ending Cash Balance | 196.0M | 277.0M | 155.0M | 243.0M | 351.0M | 410.0M | 466.0M | 377.0M | 502.0M | 324.0M | 259.0M | 143.0M | 183.0M | 181.0M |
| Capex | 260.0M | 189.0M | 218.0M | 167.0M | 196.0M | 264.0M | 226.0M | 205.0M | 186.0M | 118.0M | 116.0M | 250.0M | 341.0M | 465.0M |