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 | 334.0M | 295.0M | 317.0M | 362.0M | 328.0M | 298.0M | 202.0M | 197.0M | 224.0M | 207.0M | 177.0M | 161.0M | 131.0M | 80.7M |
| Revenue Growth % | 13.2% | -6.9% | -12.4% | 10.4% | 10.1% | 47.5% | 2.5% | -12.1% | 8.2% | 16.9% | 9.9% | 22.9% | 62.2% | -- |
| Total Revenue | 334.0M | 295.0M | 317.0M | 362.0M | 328.0M | 298.0M | 202.0M | 197.0M | 224.0M | 207.0M | 177.0M | 161.0M | 131.0M | 80.7M |
| Cost Of Revenue | 247.0M | 243.0M | 205.0M | 191.0M | 158.0M | 159.0M | 118.0M | 96.9M | 88.6M | 73.4M | 62.2M | 51.7M | 39.1M | 17.1M |
| Gross Profit | 87.0M | 52.0M | 112.0M | 171.0M | 170.0M | 139.0M | 84.0M | 100.1M | 135.4M | 133.6M | 114.8M | 109.3M | 91.9M | 63.7M |
| Gross Margin % | 26.0% | 17.6% | 35.3% | 47.2% | 51.8% | 46.6% | 41.6% | 50.8% | 60.4% | 64.5% | 64.9% | 67.9% | 70.2% | 78.9% |
| Total Operating Cost | 340.0M | 410.0M | 310.0M | 309.0M | 271.0M | 278.0M | 206.0M | 160.0M | 154.0M | 129.0M | 116.0M | 97.2M | 74.4M | 59.3M |
| Selling Expenses | 13.1M | 14.5M | 15.5M | 16.7M | 13.5M | 13.8M | 14.7M | 12.9M | 13.9M | 8.7M | 9.7M | 13.8M | 10.2M | 6.4M |
| Admin Expenses | 39.5M | 38.0M | 38.1M | 36.7M | 36.0M | 33.7M | 30.4M | 20.8M | 48.4M | 47.7M | 47.3M | 35.7M | 24.5M | 32.0M |
| Rd Expenses | 38.5M | 66.9M | 45.7M | 56.6M | 58.5M | 58.9M | 48.3M | 33.4M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -5.9M | -5.9M | -6.9M | -91,100 | 1.5M | 235,600 | -16.0M | -14.3M | -3.0M | -5.1M | -5.2M | -6.4M | -1.5M | -197,400 |
| Operating Income | 6.9M | -94.1M | 35.5M | 69.8M | 80.3M | 32.6M | 715,900 | 40.4M | 67.5M | 78.6M | 60.7M | 64.1M | 57.6M | 21.4M |
| Operating Margin % | 2.1% | -31.9% | 11.2% | 19.3% | 24.5% | 10.9% | 0.4% | 20.5% | 30.1% | 38.0% | 34.3% | 39.8% | 44.0% | 26.5% |
| Non Operating Income | 252,500 | 15,800 | -- | 7,000 | 350,800 | 442,800 | -- | 3.0M | 6.4M | 5.4M | 6.9M | 5.9M | 3.1M | 1.3M |
| Non Operating Expenses | 279,900 | 606,900 | 51,900 | 91,000 | 161,500 | 70,100 | 111,900 | 580,500 | 55,000 | 180,000 | 103,000 | -- | 79,300 | -- |
| Investment Income | 6.2M | 12.1M | 10.7M | 8.9M | 6.4M | 5.3M | 368,200 | 151,300 | -2.7M | -- | -- | -- | 645,000 | -- |
| Fair Value Change Income | 5.4M | 4.9M | 4.3M | 3.8M | 4.2M | 5.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -9,300 | 118,700 | -- | 108,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 8.6M | 51.1M | 8.8M | 75,500 | 835,000 | -- | 8.9M | 9.5M | 4.7M | 3.0M | 1.4M | 1.7M | 1.2M | 421,000 |
| Other Income | 665,300 | 3.5M | 14.5M | 3.9M | 12.5M | 1.3M | 4.3M | 4.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 6.9M | -94.7M | 35.5M | 69.8M | 80.5M | 33.0M | 604,000 | 42.8M | 73.9M | 83.8M | 67.5M | 70.0M | 60.7M | 22.7M |
| Income Tax | -3.6M | -11.4M | -1.2M | 4.2M | 8.8M | -1.4M | -7.4M | 5.6M | 1.2M | 10.6M | 341,000 | 4.9M | 7.1M | -243,900 |
| Net Income | 10.5M | -83.3M | 36.6M | 65.6M | 71.7M | 34.4M | 8.0M | 37.2M | 72.7M | 73.3M | 67.2M | 65.1M | 53.6M | 22.9M |
| Net Margin % | 3.1% | -28.3% | 11.6% | 18.1% | 21.9% | 11.5% | 4.0% | 18.9% | 32.5% | 35.4% | 37.9% | 40.4% | 40.9% | 28.4% |
| Net Income Attributable | 10.5M | -83.3M | 36.6M | 65.6M | 71.7M | 34.4M | 8.0M | 37.2M | 72.7M | 73.3M | 67.2M | 65.1M | 53.6M | 22.4M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 543,800 |
| Eps Basic | 0.04 | -0.31 | 0.14 | 0.28 | 0.32 | 0.16 | 0.04 | 0.17 | 0.41 | 0.44 | 0.41 | 0.39 | 0.32 | -- |
| Eps Diluted | 0.04 | -0.31 | 0.14 | 0.28 | 0.32 | 0.16 | 0.04 | 0.17 | 0.41 | 0.44 | 0.41 | 0.39 | 0.32 | -- |
| 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 | 433.0M | 335.0M | 289.0M | 569.0M | 120.0M | 86.1M | 157.0M | 355.0M | 561.0M | 264.0M | 272.0M | 243.0M | 231.0M | 76.9M |
| Trading Financial Assets | 348.0M | 448.0M | 507.0M | 417.0M | 362.0M | 403.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 189.0M | 192.0M | 230.0M | 237.0M | 113.0M | 188.0M | 140.0M | 130.0M | 120.0M | 103.0M | 78.9M | 62.1M | 31.1M | 10.6M |
| Notes Receivable | 14.9M | 43.2M | 67.1M | 47.9M | 57.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 204.0M | 235.0M | 297.0M | 285.0M | 171.0M | 188.0M | 140.0M | 130.0M | 120.0M | 103.0M | 78.9M | 62.1M | 31.1M | 10.6M |
| Prepayments | 4.6M | 660,400 | 88,600 | 454,100 | 657,400 | 1.1M | 454,200 | 15,800 | 4,200 | 16,700 | 36,700 | 494,400 | 3.7M | 865,000 |
| Inventory | 25.1M | 51.9M | 64.5M | 33.6M | 26.9M | 17.4M | 15.7M | 23.1M | 17.4M | 7.3M | 9.2M | 7.7M | 7.0M | 2.7M |
| Total Current Assets | 1.0B | 1.1B | 1.2B | 1.3B | 707.0M | 699.0M | 632.0M | 698.0M | 706.0M | 378.0M | 361.0M | 314.0M | 274.0M | 91.7M |
| Long Term Equity Investment | 31.0M | 40.0M | 46.1M | 37.3M | 24.2M | 8.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 77.4M | 87.0M | 96.6M | 107.0M | 112.0M | 101.0M | 107.0M | 16.6M | 11.5M | 9.9M | 10.7M | 8.0M | 4.7M |
| Fixed Assets Total | 90.5M | 77.4M | 87.0M | 96.6M | 107.0M | 112.0M | 101.0M | 107.0M | 16.6M | 11.5M | 9.9M | 10.7M | 8.0M | 4.7M |
| Construction In Progress | -- | 353.0M | 324.0M | 219.0M | 93.6M | 26.0M | 18.9M | 6.1M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 5.5M | 353.0M | 324.0M | 219.0M | 93.6M | 26.0M | 18.9M | 6.1M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 4.0M | 21.9M | 67.2M | 37.3M | 26.2M | 22.9M | 24.2M | 12.5M | 12.8M | -- | -- | -- | -- | -- |
| Long Term Deferred Expenses | 41,600 | 83,200 | 169,300 | 313,200 | 496,500 | 118,200 | 55,000 | 149,400 | 243,700 | -- | -- | -- | 137,800 | 334,800 |
| Total Non Current Assets | 603.0M | 626.0M | 691.0M | 547.0M | 380.0M | 279.0M | 270.0M | 157.0M | 136.0M | 26.6M | 12.4M | 11.5M | 8.7M | 5.3M |
| Total Assets | 1.6B | 1.7B | 1.9B | 1.9B | 1.1B | 978.0M | 902.0M | 855.0M | 842.0M | 405.0M | 374.0M | 326.0M | 283.0M | 97.0M |
| Short Term Borrowings | -- | -- | -- | 59.8M | 76.2M | 70.1M | 50.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 65.1M | 65.6M | 65.0M | 55.9M | 59.6M | 35.0M | 13.8M | 13.0M | 10.7M | 7.1M | 5.6M | 4.9M | 1.6M | -- |
| Advance Receipts | 142,600 | -- | -- | -- | -- | 2.4M | 701,200 | 1.3M | 40,000 | 13.3M | 18.8M | 916,200 | 195,000 | 5.4M |
| Contract Liabilities | 8.0M | 31.0M | 27.0M | 1.5M | 5.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 116.0M | 139.0M | 142.0M | 173.0M | 191.0M | 147.0M | 90.9M | 33.9M | 42.9M | 55.7M | 51.4M | 30.7M | 18.4M | 12.2M |
| Total Non Current Liabilities | 4.8M | 7.7M | 9.5M | 7.9M | 6.4M | 16.5M | 16.3M | 16.2M | 9.6M | 10.6M | 7.6M | 5.9M | 7.4M | 4.3M |
| Total Liabilities | 121.0M | 147.0M | 151.0M | 181.0M | 198.0M | 163.0M | 107.0M | 50.1M | 52.5M | 66.3M | 59.0M | 36.6M | 25.8M | 16.5M |
| Paid In Capital | 270.0M | 270.0M | 270.0M | 270.0M | 221.0M | 221.0M | 221.0M | 221.0M | 221.0M | 166.0M | 166.0M | 166.0M | 166.0M | 25.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 374.0M | 372.0M | 372.0M | 372.0M | 372.0M | 48.9M | 48.9M | 48.9M | 48.9M | 15.5M |
| Surplus Reserve | 54.5M | 47.5M | 47.5M | 44.2M | 39.9M | 33.3M | 30.3M | 29.7M | 25.8M | 18.7M | 11.1M | 7.7M | 3.4M | 3.4M |
| Retained Earnings | 190.0M | 214.0M | 324.0M | 318.0M | 256.0M | 203.0M | 176.0M | 182.0M | 171.0M | 105.0M | 89.2M | 66.9M | 39.2M | 36.5M |
| Equity Attributable | 1.5B | 1.6B | 1.7B | 1.7B | 889.0M | 815.0M | 794.0M | 805.0M | 790.0M | 338.0M | 315.0M | 289.0M | 257.0M | 80.5M |
| Total Equity | 1.5B | 1.6B | 1.7B | 1.7B | 889.0M | 815.0M | 794.0M | 805.0M | 790.0M | 338.0M | 315.0M | 289.0M | 257.0M | 80.5M |
| 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 | 376.0M | 393.0M | 348.0M | 259.0M | 331.0M | 257.0M | 196.0M | 195.0M | 208.0M | 190.0M | 189.0M | 140.0M | 115.0M | 79.8M |
| Tax Refunds Received | -- | -- | 3.4M | 3.1M | -- | -- | 4.4M | -- | -- | 906,100 | 143,500 | 903,900 | 2.8M | 95,000 |
| Total Operating Cash Inflow | 382.0M | 401.0M | 369.0M | 267.0M | 341.0M | 261.0M | 209.0M | 214.0M | 217.0M | 212.0M | 203.0M | 153.0M | 122.0M | 81.3M |
| Cash Paid For Goods | 47.6M | 60.6M | 74.1M | 59.9M | 51.1M | 27.3M | 24.0M | 44.5M | 56.3M | 42.7M | 30.1M | 12.6M | 13.3M | 2.1M |
| Cash Paid To Employees | 225.0M | 252.0M | 223.0M | 205.0M | 178.0M | 165.0M | 129.0M | 94.9M | 78.4M | 67.2M | 72.6M | 61.4M | 44.9M | 28.6M |
| Taxes Paid | 17.0M | 21.2M | 14.0M | 13.4M | 9.9M | 10.6M | 11.6M | 12.5M | 22.5M | 11.6M | 13.1M | 13.1M | 13.0M | 4.1M |
| Total Operating Cash Outflow | 312.0M | 362.0M | 339.0M | 302.0M | 263.0M | 227.0M | 191.0M | 179.0M | 182.0M | 137.0M | 142.0M | 104.0M | 89.3M | 44.8M |
| Operating Cash Flow | 70.0M | 39.6M | 29.5M | -35.4M | 78.4M | 34.7M | 18.1M | 34.4M | 34.5M | 75.2M | 61.2M | 48.9M | 32.6M | 36.5M |
| Total Investing Cash Inflow | 1.2B | 1.6B | 1.8B | 1.4B | 1.1B | 1.3B | 1.2B | 1.2B | 147.0M | -- | -- | 560,000 | 60.8M | -- |
| Total Investing Cash Outflow | 1.2B | 1.5B | 2.1B | 1.6B | 1.1B | 1.4B | 1.3B | 1.4B | 413.0M | 18.6M | 5.9M | 7.3M | 66.0M | 10.4M |
| Investing Cash Flow | 77.3M | 32.1M | -226.0M | -229.0M | -34.5M | -116.0M | -79.2M | -233.0M | -266.0M | -18.6M | -5.9M | -6.7M | -5.2M | -10.4M |
| Cash From Borrowings | -- | 15.0M | 50.0M | 85.0M | 80.0M | 70.0M | 50.0M | -- | 40.0M | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 26.7M | 27.1M | 27.7M | 4.2M | 13.3M | 9.4M | 13.4M | 30.3M | 30,500 | 53.8M | 34.5M | 31.0M | 16.7M | -- |
| Debt Repayments | -- | 15.0M | 110.0M | 100.0M | 75.0M | 50.0M | -- | -- | 40.0M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | 15.0M | 50.0M | 819.0M | 80.0M | 70.0M | 50.0M | -- | 425.0M | -- | -- | -- | 143.0M | 29.0M |
| Total Financing Cash Outflow | 52.9M | 42.7M | 138.0M | 107.0M | 90.9M | 59.4M | 13.4M | 30.3M | 47.2M | 54.4M | 35.0M | 31.5M | 16.7M | -- |
| Financing Cash Flow | -52.9M | -27.7M | -88.4M | 712.0M | -10.9M | 10.6M | 36.6M | -30.3M | 377.0M | -54.4M | -35.0M | -31.5M | 126.0M | 29.0M |
| Net Change In Cash | 94.8M | 44.2M | -284.0M | 448.0M | 32.8M | -71.1M | -24.4M | -229.0M | 146.0M | 2.2M | 20.3M | 10.7M | 154.0M | 55.1M |
| Ending Cash Balance | 422.0M | 327.0M | 283.0M | 567.0M | 119.0M | 86.1M | 157.0M | 182.0M | 410.0M | 264.0M | 262.0M | 241.0M | 231.0M | 76.9M |
| Capex | 37.9M | 31.0M | 140.0M | 173.0M | 70.2M | 42.6M | 19.6M | 37.6M | 113.0M | 18.6M | 5.9M | 7.3M | 6.0M | 3.4M |