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 | 277.0M | 1.7B | 944.0M | 322.0M | 502.0M | 537.0M | 389.0M | 331.0M | 282.0M | 309.0M | 299.0M | 278.0M | 249.0M | 202.0M |
| Revenue Growth % | -83.3% | 75.2% | 193.2% | -35.9% | -6.5% | 38.0% | 17.5% | 17.4% | -8.7% | 3.3% | 7.6% | 11.6% | 23.3% | -- |
| Total Revenue | 277.0M | 1.7B | 944.0M | 322.0M | 502.0M | 537.0M | 389.0M | 331.0M | 282.0M | 309.0M | 299.0M | 278.0M | 249.0M | 202.0M |
| Cost Of Revenue | 434.0M | 1.4B | 761.0M | 222.0M | 343.0M | 356.0M | 262.0M | 215.0M | 175.0M | 192.0M | 197.0M | 186.0M | 168.0M | 137.0M |
| Gross Profit | -157.0M | 288.0M | 183.0M | 100.0M | 159.0M | 181.0M | 127.0M | 116.0M | 107.0M | 117.0M | 102.0M | 92.0M | 81.0M | 65.0M |
| Gross Margin % | -56.7% | 17.4% | 19.4% | 31.1% | 31.7% | 33.7% | 32.6% | 35.0% | 37.9% | 37.9% | 34.1% | 33.1% | 32.5% | 32.2% |
| Total Operating Cost | 1.8B | 1.7B | 1.2B | 485.0M | 455.0M | 455.0M | 346.0M | 271.0M | 221.0M | 234.0M | 230.0M | 217.0M | 195.0M | 156.0M |
| Selling Expenses | 13.6M | 21.8M | 53.9M | 43.8M | 34.3M | 41.6M | 23.9M | 23.0M | 20.2M | 19.2M | 11.1M | 10.2M | 9.0M | 6.8M |
| Admin Expenses | 140.0M | 114.0M | 95.9M | 37.9M | 33.3M | 30.5M | 39.8M | 18.7M | 24.3M | 22.7M | 18.9M | 18.5M | 16.3M | 11.2M |
| Rd Expenses | 37.5M | 65.1M | 32.6M | 17.5M | 18.5M | 18.4M | 17.4M | 11.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 52.5M | 40.8M | 12.4M | 2.5M | 7.4M | 2.4M | -1.8M | -818,000 | -1.0M | -1.5M | -164,700 | 1.2M | 752,200 | 519,000 |
| Operating Income | -1.5B | 31.3M | -208.0M | -160.0M | 49.9M | 89.3M | 49.3M | 68.3M | 64.7M | 75.3M | 68.5M | 60.7M | 54.2M | 45.6M |
| Operating Margin % | -539.0% | 1.9% | -22.0% | -49.7% | 9.9% | 16.6% | 12.7% | 20.6% | 22.9% | 24.4% | 22.9% | 21.8% | 21.8% | 22.6% |
| Non Operating Income | 243.0M | 545,800 | 141,700 | 20.8M | 641,100 | 26,400 | 191,200 | 4.3M | 4.6M | 1.9M | 579,900 | 1.3M | 748,800 | 5,300 |
| Non Operating Expenses | 4.9M | 2.1M | 5.6M | 1.2M | 2.5M | 870,400 | 380,700 | 386,500 | 1.2M | -- | 45,900 | 19,400 | 11,100 | -- |
| Investment Income | -- | 9.8M | -373,100 | 712,300 | -- | -- | 1.5M | 8.0M | 4.3M | -- | -- | -- | -- | -- |
| Asset Disposal Income | -22,000 | 1.5M | 294,300 | 165,600 | 300.00 | 40,900 | -100,000 | 2,300 | -1,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.1B | 17.3M | 176.0M | 152.0M | 15.9M | -47,400 | -199,400 | 433,100 | 290,200 | -853,900 | 1.0M | 188,400 | 80,400 | -47,400 |
| Other Income | 10.5M | 17.9M | 898,500 | 2.1M | 3.2M | 7.1M | 4.1M | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -1.3B | 29.7M | -213.0M | -140.0M | 48.1M | 88.5M | 49.1M | 72.2M | 68.2M | 77.3M | 69.0M | 62.0M | 55.0M | 45.6M |
| Income Tax | -57.9M | 3.2M | 15.8M | -2.0M | 8.2M | 12.6M | 7.0M | 10.2M | 9.6M | 11.1M | 10.2M | 8.3M | 6.4M | 5.2M |
| Net Income | -1.2B | 26.5M | -229.0M | -138.0M | 39.9M | 75.9M | 42.1M | 62.1M | 58.6M | 66.2M | 58.8M | 53.7M | 48.5M | 40.5M |
| Net Margin % | -432.1% | 1.6% | -24.3% | -42.9% | 8.0% | 14.1% | 10.8% | 18.7% | 20.8% | 21.4% | 19.7% | 19.3% | 19.5% | 20.0% |
| Net Income Attributable | -1.1B | 28.3M | -229.0M | -138.0M | 39.9M | 75.9M | 42.1M | 62.1M | 58.6M | 66.2M | 58.8M | 53.7M | 48.5M | 40.5M |
| Minority Interest | -48.7M | -1.8M | -315,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -2.74 | 0.08 | -0.67 | -0.42 | 0.13 | 0.26 | 0.20 | 0.29 | 0.38 | 0.92 | 0.82 | 0.75 | 0.68 | 0.70 |
| Eps Diluted | -2.74 | 0.08 | -0.67 | -0.42 | 0.13 | 0.26 | 0.20 | 0.29 | 0.38 | 0.92 | 0.82 | 0.75 | 0.68 | 0.70 |
| 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 | 261.0M | 110.0M | 50.9M | 150.0M | 42.7M | 93.2M | 63.2M | 348.0M | 134.0M | 347.0M | 60.0M | 61.0M | 71.2M | 9.0M |
| Accounts Receivable | 32.0M | 347.0M | 108.0M | 89.2M | 83.5M | 114.0M | 95.8M | 12.1M | 4.3M | 3.9M | 2.0M | 1.1M | 900,100 | 1.1M |
| Notes Receivable | 106.0M | 424.0M | 449.0M | -- | 388,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 138.0M | 771.0M | 557.0M | 89.2M | 83.9M | 114.0M | 95.8M | 12.1M | 4.3M | 3.9M | 2.0M | 1.1M | 900,100 | 1.1M |
| Prepayments | 18.2M | 20.6M | 42.7M | 39.9M | 39.0M | 17.1M | 10.9M | 1.6M | 686,700 | 292,900 | 4.3M | 4.0M | 4.5M | 5.6M |
| Inventory | 168.0M | 321.0M | 417.0M | 189.0M | 194.0M | 147.0M | 134.0M | 55.3M | 46.5M | 42.6M | 42.2M | 44.3M | 45.2M | 43.6M |
| Total Current Assets | 941.0M | 1.4B | 1.1B | 497.0M | 375.0M | 383.0M | 321.0M | 422.0M | 404.0M | 394.0M | 112.0M | 116.0M | 134.0M | 74.5M |
| Long Term Equity Investment | -- | -- | -- | 40.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 716.0M | 535.0M | 333.0M | 327.0M | 319.0M | 234.0M | 236.0M | 82.0M | 78.6M | 79.5M | 79.0M | 78.0M | 49.2M |
| Fixed Assets Total | 682.0M | 716.0M | 535.0M | 333.0M | 327.0M | 319.0M | 234.0M | 236.0M | 82.0M | 78.6M | 79.5M | 79.0M | 78.0M | 49.2M |
| Construction In Progress | -- | 1.3B | 358.0M | 849,500 | -- | -- | 47.6M | 44.4M | 119.0M | 94.1M | 60.3M | 43.5M | 8.0M | 22.7M |
| Construction In Progress Total | 1.5B | 1.3B | 358.0M | 849,500 | -- | -- | 47.6M | 44.4M | 119.0M | 94.1M | 60.3M | 43.5M | 8.0M | 22.7M |
| Intangible Assets | 52.1M | 45.0M | 47.6M | 10.1M | 5.3M | 5.8M | 5.4M | 5.0M | 4.2M | 4.3M | 4.2M | 4.3M | 4.5M | 4.1M |
| Long Term Deferred Expenses | 113.0M | 21.7M | 22.4M | 7.6M | 8.6M | 2.2M | 3.6M | 1.9M | 1.9M | 1.6M | -- | -- | -- | -- |
| Total Non Current Assets | 2.7B | 3.1B | 2.1B | 570.0M | 655.0M | 657.0M | 673.0M | 295.0M | 218.0M | 180.0M | 145.0M | 128.0M | 90.7M | 76.1M |
| Total Assets | 3.6B | 4.6B | 3.2B | 1.1B | 1.0B | 1.0B | 994.0M | 717.0M | 622.0M | 575.0M | 257.0M | 244.0M | 225.0M | 151.0M |
| Short Term Borrowings | 442.0M | 254.0M | 190.0M | 5.0M | 35.8M | 45.5M | 54.7M | -- | -- | -- | 20.0M | 26.0M | 32.4M | 16.5M |
| Accounts Payable | 1.1B | 1.1B | 311.0M | 27.6M | 38.6M | 45.4M | 62.1M | 56.6M | 20.2M | 19.8M | 18.8M | 21.9M | 24.3M | 30.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 11.4M | 5.8M | 10.2M | 6.9M | 3.2M | 10.8M | 9.9M | 11.5M | 9.0M |
| Contract Liabilities | 5.7M | 56.3M | 29.5M | 7.2M | 33.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.1B | 3.1B | 2.1B | 60.3M | 145.0M | 216.0M | 313.0M | 88.0M | 32.9M | 29.1M | 59.3M | 62.8M | 71.6M | 63.7M |
| Long Term Borrowings | -- | 180.0M | 52.2M | 53.0M | 99.3M | 79.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 534.0M | 733.0M | 342.0M | 61.6M | 105.0M | 84.3M | 4.3M | 4.5M | 7.4M | 6.0M | 4.9M | 4.2M | 1.4M | -- |
| Total Liabilities | 2.6B | 3.8B | 2.5B | 122.0M | 250.0M | 300.0M | 318.0M | 92.5M | 40.2M | 35.1M | 64.2M | 66.9M | 73.0M | 63.7M |
| Paid In Capital | 434.0M | 343.0M | 343.0M | 343.0M | 296.0M | 296.0M | 213.0M | 212.0M | 211.0M | 96.0M | 72.0M | 72.0M | 72.0M | 18.0M |
| Capital Reserve | 1.7B | 413.0M | 413.0M | 413.0M | 136.0M | 136.0M | 231.0M | 218.0M | 203.0M | 318.0M | 39.9M | 39.9M | 39.9M | 3,681 |
| Surplus Reserve | 42.9M | 42.9M | 42.9M | 42.9M | 42.9M | 41.1M | 37.3M | 33.9M | 27.7M | 21.9M | 15.2M | 9.4M | 4.0M | 6.9M |
| Retained Earnings | -1.2B | -54.0M | -82.2M | 147.0M | 305.0M | 267.0M | 194.0M | 174.0M | 136.0M | 104.0M | 65.9M | 56.2M | 35.9M | 62.0M |
| Minority Equity | -50.8M | -2.1M | -315,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 998.0M | 745.0M | 716.0M | 945.0M | 780.0M | 740.0M | 676.0M | 625.0M | 581.0M | 540.0M | 193.0M | 177.0M | 152.0M | 86.9M |
| Total Equity | 947.0M | 742.0M | 716.0M | 945.0M | 780.0M | 740.0M | 676.0M | 625.0M | 581.0M | 540.0M | 193.0M | 177.0M | 152.0M | 86.9M |
| 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 | 411.0M | 848.0M | 334.0M | 357.0M | 603.0M | 578.0M | 420.0M | 366.0M | 316.0M | 332.0M | 328.0M | 305.0M | 282.0M | 232.0M |
| Tax Refunds Received | 112.0M | 2.7M | 263,100 | 422,800 | 2.4M | 925,300 | 779,000 | 1.3M | 1.7M | 456,200 | 3.1M | 5.6M | 7.9M | 1.9M |
| Total Operating Cash Inflow | 584.0M | 1.1B | 735.0M | 380.0M | 639.0M | 599.0M | 449.0M | 373.0M | 322.0M | 336.0M | 333.0M | 313.0M | 291.0M | 234.0M |
| Cash Paid For Goods | 237.0M | 425.0M | 273.0M | 277.0M | 407.0M | 407.0M | 302.0M | 221.0M | 186.0M | 205.0M | 210.0M | 204.0M | 201.0M | 160.0M |
| Cash Paid To Employees | 162.0M | 184.0M | 102.0M | 52.8M | 55.6M | 46.1M | 35.4M | 29.8M | 27.3M | 23.3M | 21.3M | 19.0M | 14.7M | 12.2M |
| Taxes Paid | 76.4M | 30.8M | 25.3M | 21.9M | 24.6M | 32.8M | 21.0M | 17.7M | 18.2M | 18.3M | 15.2M | 11.5M | 8.6M | 22.8M |
| Total Operating Cash Outflow | 588.0M | 737.0M | 569.0M | 396.0M | 565.0M | 535.0M | 421.0M | 299.0M | 262.0M | 273.0M | 261.0M | 249.0M | 233.0M | 206.0M |
| Operating Cash Flow | -4.2M | 390.0M | 166.0M | -16.0M | 74.8M | 64.1M | 27.7M | 73.4M | 60.4M | 63.5M | 71.9M | 64.6M | 58.1M | 28.5M |
| Total Investing Cash Inflow | 313.0M | 20.3M | 12.7M | 58.7M | -- | 3.8M | 212.0M | 820.0M | 490.0M | 1.2M | 802,300 | 4.3M | 1.4M | -- |
| Total Investing Cash Outflow | 1.1B | 904.0M | 653.0M | 141.0M | 148.0M | 93.8M | 545.0M | 675.0M | 743.0M | 42.4M | 23.8M | 42.3M | 16.4M | 32.4M |
| Investing Cash Flow | -766.0M | -884.0M | -640.0M | -82.6M | -148.0M | -90.0M | -333.0M | 145.0M | -253.0M | -41.1M | -23.0M | -38.0M | -15.0M | -32.4M |
| Cash From Borrowings | 456.0M | 560.0M | 263.0M | 79.8M | 97.0M | 126.0M | 46.0M | -- | -- | 20.0M | 45.0M | 51.0M | 43.9M | 33.2M |
| Dividends And Interest Paid | 71.6M | 21.7M | 10.1M | 23.2M | 7.5M | 2.8M | 19.5M | 18.0M | 20.2M | 22.1M | 43.9M | 28.7M | 10.9M | 175,000 |
| Debt Repayments | 563.0M | 260.0M | 60.1M | 175.0M | 66.7M | 67.7M | 9.2M | -- | -- | 40.0M | 51.0M | 57.4M | 37.9M | 22.5M |
| Total Financing Cash Inflow | 4.6B | 2.4B | 979.0M | 405.0M | 97.0M | 126.0M | 48.9M | 14.2M | -- | 333.0M | 45.0M | 51.0M | 70.3M | 33.2M |
| Total Financing Cash Outflow | 3.6B | 1.9B | 604.0M | 205.0M | 74.2M | 70.5M | 28.7M | 18.0M | 20.3M | 68.5M | 96.8M | 86.9M | 51.1M | 22.7M |
| Financing Cash Flow | 945.0M | 464.0M | 376.0M | 201.0M | 22.8M | 55.7M | 20.2M | -3.8M | -20.3M | 265.0M | -51.8M | -35.9M | 19.2M | 10.5M |
| Net Change In Cash | 175.0M | -30.2M | -98.7M | 102.0M | -50.5M | 30.0M | -285.0M | 214.0M | -213.0M | 288.0M | -2.6M | -10.2M | 62.3M | 6.4M |
| Ending Cash Balance | 191.0M | 15.7M | 45.9M | 145.0M | 42.7M | 93.2M | 63.2M | 348.0M | 134.0M | 347.0M | 58.5M | 61.0M | 71.2M | 9.0M |
| Capex | 543.0M | 553.0M | 382.0M | 53.3M | 50.8M | 14.6M | 93.8M | 75.0M | 47.9M | 42.4M | 23.8M | 40.9M | 16.4M | 32.4M |