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 | 2.4B | 2.6B | 2.3B | 1.9B | 1.6B |
| Revenue Growth % | -9.3% | 15.6% | 19.2% | 17.0% | -- |
| Total Revenue | 2.4B | 2.6B | 2.3B | 1.9B | 1.6B |
| Cost Of Revenue | 2.0B | 2.2B | 2.0B | 1.6B | 1.4B |
| Gross Profit | 378.0M | 448.0M | 304.0M | 266.0M | 236.0M |
| Gross Margin % | 15.9% | 17.1% | 13.4% | 14.0% | 14.5% |
| Total Operating Cost | 2.3B | 2.5B | 2.2B | 2.0B | 1.6B |
| Selling Expenses | 25.7M | 23.7M | 34.9M | 31.1M | 27.0M |
| Admin Expenses | 101.0M | 89.7M | 84.2M | 71.4M | 55.3M |
| Rd Expenses | 80.6M | 99.1M | 75.9M | 66.6M | 60.0M |
| Finance Expenses | 28.0M | 67.7M | 48.2M | 124.0M | 82.0M |
| Operating Income | 114.0M | 137.0M | 5.5M | -61.8M | 21.6M |
| Operating Margin % | 4.8% | 5.2% | 0.2% | -3.3% | 1.3% |
| Non Operating Income | 1.4M | 325,500 | 1.0M | 22,100 | 344,200 |
| Non Operating Expenses | 1.1M | 1.1M | 2.9M | 764,600 | 1.7M |
| Investment Income | 517,000 | -3.5M | -8.2M | 3.9M | -1.2M |
| Fair Value Change Income | 4.3M | 1.2M | -21.9M | 11.4M | -- |
| Asset Disposal Income | -1.3M | -696,600 | -2.9M | 19,800 | -100,100 |
| Asset Impairment Loss | 39.3M | 29.7M | 22.9M | 58.9M | 2.3M |
| Other Income | 30.0M | 29.3M | 25.7M | 25.6M | 24.8M |
| Income Before Tax | 114.0M | 136.0M | 3.7M | -62.5M | 20.3M |
| Income Tax | 10.7M | 13.5M | -14.2M | -15.8M | -559,900 |
| Net Income | 104.0M | 123.0M | 17.8M | -46.8M | 20.9M |
| Net Margin % | 4.4% | 4.7% | 0.8% | -2.5% | 1.3% |
| Net Income Attributable | 105.0M | 123.0M | 19.5M | -46.8M | 20.9M |
| Minority Interest | -1.5M | -498,500 | -1.7M | -- | -- |
| Eps Basic | 0.55 | 0.92 | 0.15 | -0.35 | 0.16 |
| Eps Diluted | 0.55 | 0.92 | 0.15 | -0.35 | 0.16 |
| 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 | 170.0M | 267.0M | 185.0M | 184.0M | 395.0M |
| Trading Financial Assets | 16.3M | -- | 143,500 | 6.6M | -- |
| Accounts Receivable | 648.0M | 660.0M | 658.0M | 549.0M | 538.0M |
| Notes Receivable | 32.0M | 48.2M | 122.0M | 134.0M | 111.0M |
| Notes And Accounts Receivable | 680.0M | 708.0M | 779.0M | 683.0M | 649.0M |
| Prepayments | 6.7M | 10.3M | 22.6M | 12.6M | 20.0M |
| Inventory | 558.0M | 612.0M | 690.0M | 626.0M | 445.0M |
| Total Current Assets | 1.5B | 1.8B | 1.8B | 1.8B | 1.9B |
| Fixed Assets | -- | 1.6B | 1.8B | 1.8B | 1.5B |
| Fixed Assets Total | 1.4B | 1.6B | 1.8B | 1.8B | 1.5B |
| Construction In Progress | -- | 3.1M | 17.0M | 130.0M | 316.0M |
| Construction In Progress Total | 22.5M | 3.1M | 17.0M | 130.0M | 316.0M |
| Intangible Assets | 110.0M | 105.0M | 107.0M | 110.0M | 105.0M |
| Long Term Deferred Expenses | 836,900 | 2.5M | 7.2M | 12.1M | 6.5M |
| Total Non Current Assets | 1.6B | 1.8B | 2.0B | 2.2B | 2.1B |
| Total Assets | 3.1B | 3.6B | 3.8B | 4.0B | 4.0B |
| Short Term Borrowings | 422.0M | 458.0M | 466.0M | 563.0M | 767.0M |
| Accounts Payable | 461.0M | 466.0M | 557.0M | 436.0M | 370.0M |
| Advance Receipts | 400,100 | 664,800 | 959,100 | -- | -- |
| Contract Liabilities | 419,100 | 260,100 | 883,000 | 778,700 | 265,700 |
| Total Current Liabilities | 1.4B | 1.6B | 1.9B | 1.7B | 1.9B |
| Long Term Borrowings | 33.0M | 200.0M | 446.0M | 632.0M | 486.0M |
| Total Non Current Liabilities | 240.0M | 572.0M | 696.0M | 1.0B | 803.0M |
| Total Liabilities | 1.7B | 2.2B | 2.5B | 2.8B | 2.7B |
| Paid In Capital | 194.0M | 133.0M | 133.0M | 133.0M | 133.0M |
| Capital Reserve | 688.0M | 715.0M | 715.0M | 715.0M | 715.0M |
| Surplus Reserve | 83.9M | 72.0M | 57.8M | 54.3M | 54.3M |
| Retained Earnings | 516.0M | 461.0M | 352.0M | 337.0M | 400.0M |
| Minority Equity | 11.8M | 4.1M | 4.6M | -- | -- |
| Equity Attributable | 1.5B | 1.4B | 1.3B | 1.2B | 1.3B |
| Total Equity | 1.5B | 1.4B | 1.3B | 1.2B | 1.3B |
| 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 | 1.8B | 2.3B | 2.2B | 2.1B | 1.7B |
| Tax Refunds Received | 72.2M | 89.8M | 85.0M | 87.8M | 78.4M |
| Total Operating Cash Inflow | 1.9B | 2.5B | 2.4B | 2.3B | 1.9B |
| Cash Paid For Goods | 871.0M | 1.5B | 1.8B | 1.4B | 1.2B |
| Cash Paid To Employees | 392.0M | 366.0M | 395.0M | 370.0M | 297.0M |
| Taxes Paid | 41.2M | 34.9M | 20.5M | 19.3M | 11.5M |
| Total Operating Cash Outflow | 1.3B | 1.9B | 2.3B | 2.0B | 1.8B |
| Operating Cash Flow | 572.0M | 542.0M | 129.0M | 298.0M | 122.0M |
| Total Investing Cash Inflow | 7.1M | 14.3M | 267.0M | 210.0M | 551,800 |
| Total Investing Cash Outflow | 29.2M | 24.4M | 105.0M | 400.0M | 441.0M |
| Investing Cash Flow | -22.1M | -10.1M | 162.0M | -190.0M | -440.0M |
| Cash From Borrowings | 750.0M | 1.0B | 761.0M | 1.1B | 1.4B |
| Dividends And Interest Paid | 89.3M | 69.8M | 85.9M | 119.0M | 78.6M |
| Debt Repayments | 1.1B | 1.3B | 835.0M | 1.3B | 854.0M |
| Total Financing Cash Inflow | 773.0M | 1.2B | 810.0M | 1.3B | 1.6B |
| Total Financing Cash Outflow | 1.4B | 1.6B | 1.1B | 1.7B | 1.1B |
| Financing Cash Flow | -660.0M | -390.0M | -294.0M | -346.0M | 528.0M |
| Net Change In Cash | -93.6M | 146.0M | 8.7M | -248.0M | 189.0M |
| Ending Cash Balance | 163.0M | 256.0M | 110.0M | 102.0M | 349.0M |
| Capex | 11.2M | 19.3M | 36.7M | 186.0M | 441.0M |