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 | 1.9B | 2.0B | 1.6B | 1.7B | 1.4B | 1.2B | 1.0B | 939.0M | 890.0M | 837.0M | 981.0M | 1.0B | 891.0M |
| Revenue Growth % | -3.6% | 26.3% | -4.2% | 17.2% | 16.4% | 16.1% | 11.0% | 5.5% | 6.3% | -14.7% | -2.1% | 12.5% | -- |
| Total Revenue | 1.9B | 2.0B | 1.6B | 1.7B | 1.4B | 1.2B | 1.0B | 939.0M | 890.0M | 837.0M | 981.0M | 1.0B | 891.0M |
| Cost Of Revenue | 1.6B | 1.6B | 1.4B | 1.4B | 1.1B | 996.0M | 806.0M | 688.0M | 638.0M | 572.0M | 702.0M | 743.0M | 639.0M |
| Gross Profit | 337.0M | 361.0M | 221.0M | 250.0M | 284.0M | 214.0M | 236.0M | 251.0M | 252.0M | 265.0M | 279.0M | 259.0M | 252.0M |
| Gross Margin % | 17.5% | 18.1% | 14.0% | 15.1% | 20.2% | 17.7% | 22.6% | 26.7% | 28.3% | 31.7% | 28.4% | 25.8% | 28.3% |
| Total Operating Cost | 1.9B | 2.0B | 1.7B | 1.8B | 1.4B | 1.2B | 995.0M | 868.0M | 835.0M | 783.0M | 902.0M | 916.0M | 790.0M |
| Selling Expenses | 137.0M | 140.0M | 140.0M | 150.0M | 86.8M | 76.1M | 59.7M | 55.8M | 68.0M | 78.6M | 57.9M | 55.0M | 68.5M |
| Admin Expenses | 153.0M | 152.0M | 166.0M | 194.0M | 121.0M | 87.8M | 78.1M | 82.4M | 88.0M | 96.5M | 97.7M | 87.9M | 56.7M |
| Rd Expenses | 16.8M | 19.6M | 21.5M | 20.5M | 17.6M | 18.0M | 21.4M | 7.7M | -- | -- | -- | -- | -- |
| Finance Expenses | 20.1M | 19.1M | 23.4M | 21.7M | 20.1M | 15.5M | 12.2M | 16.7M | 23.2M | 29.4M | 34.7M | 20.2M | 17.3M |
| Operating Income | -7.6M | 22.5M | -142.0M | -154.0M | 26.2M | 6.0M | 50.5M | 76.1M | 55.0M | 53.6M | 78.9M | 86.5M | 100.0M |
| Operating Margin % | -0.4% | 1.1% | -9.0% | -9.3% | 1.9% | 0.5% | 4.8% | 8.1% | 6.2% | 6.4% | 8.0% | 8.6% | 11.2% |
| Non Operating Income | 5.5M | 4.5M | 979,000 | 1.2M | 646,100 | 1.0M | 4.3M | 5.9M | 3.8M | 6.6M | 6.8M | 5.6M | 438,500 |
| Non Operating Expenses | 6.6M | 6.7M | 2.1M | 2.7M | 4.3M | 2.5M | 1.5M | 1.2M | 730,400 | 668,400 | 2.5M | 2.7M | 999,600 |
| Investment Income | -821,600 | -933,600 | -2.5M | -427,800 | 405,200 | -14,000 | 78,100 | 309,600 | -174,200 | -55,600 | -301,200 | -- | -- |
| Fair Value Change Income | -- | -- | 13,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -561,500 | -466,500 | -137,000 | 150,100 | 14,400 | 27,500 | -536,100 | 1.0M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.3M | 837,200 | 3.2M | 5.5M | 3.4M | 485,500 | 3.6M | 2.9M | 3.1M | -1.1M | 2.0M | 1.6M | 584,400 |
| Other Income | 10.5M | 21.3M | 12.9M | 6.9M | 4.4M | 3.7M | 3.8M | 4.0M | -- | -- | -- | -- | -- |
| Income Before Tax | -8.7M | 20.3M | -143.0M | -155.0M | 22.5M | 4.5M | 53.3M | 80.7M | 58.0M | 59.5M | 83.2M | 89.4M | 99.7M |
| Income Tax | 3.8M | 7.6M | -18.8M | -15.4M | 1.6M | -513,400 | 8.1M | 20.7M | 15.9M | 16.9M | 22.4M | 23.3M | 27.4M |
| Net Income | -12.6M | 12.7M | -124.0M | -140.0M | 21.0M | 5.0M | 45.2M | 60.0M | 42.1M | 42.6M | 60.8M | 66.1M | 72.4M |
| Net Margin % | -0.7% | 0.6% | -7.8% | -8.5% | 1.5% | 0.4% | 4.3% | 6.4% | 4.7% | 5.1% | 6.2% | 6.6% | 8.1% |
| Net Income Attributable | -16.6M | 7.5M | -120.0M | -138.0M | 23.1M | 6.0M | 45.5M | 60.4M | 42.1M | 42.6M | 60.8M | 66.1M | 72.4M |
| Minority Interest | 4.0M | 5.2M | -4.2M | -2.0M | -2.1M | -930,900 | -271,100 | -354,500 | 4,600 | -5,200 | -200.00 | -- | -- |
| Eps Basic | -0.07 | 0.03 | -0.50 | -0.59 | 0.14 | 0.04 | 0.27 | 0.39 | 0.47 | 0.47 | 0.68 | 0.73 | 0.80 |
| Eps Diluted | -0.07 | 0.03 | -0.50 | -0.59 | 0.14 | 0.04 | 0.27 | 0.39 | 0.47 | 0.47 | 0.68 | 0.73 | 0.80 |
| 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 | 210.0M | 209.0M | 383.0M | 259.0M | 291.0M | 216.0M | 190.0M | 142.0M | 161.0M | 182.0M | 172.0M | 145.0M | 102.0M |
| Trading Financial Assets | -- | -- | 3.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 259.0M | 206.0M | 134.0M | 166.0M | 164.0M | 167.0M | 164.0M | 100.0M | 47.2M | 45.9M | 50.2M | 33.8M | 18.8M |
| Notes Receivable | -- | -- | -- | -- | -- | 100,000 | 920,000 | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 259.0M | 206.0M | 134.0M | 166.0M | 164.0M | 167.0M | 165.0M | 100.0M | 47.2M | 45.9M | 50.2M | 33.8M | 18.8M |
| Prepayments | 6.1M | 10.0M | 10.7M | 15.4M | 19.6M | 9.4M | 8.2M | 5.3M | 7.5M | 9.9M | 5.8M | 9.3M | 6.4M |
| Inventory | 139.0M | 146.0M | 201.0M | 168.0M | 202.0M | 158.0M | 150.0M | 114.0M | 98.2M | 80.3M | 111.0M | 93.7M | 67.3M |
| Total Current Assets | 678.0M | 614.0M | 754.0M | 637.0M | 691.0M | 560.0M | 523.0M | 386.0M | 324.0M | 330.0M | 359.0M | 301.0M | 198.0M |
| Long Term Equity Investment | 47.9M | 20.2M | 901,900 | 2.0M | 1.1M | 710,800 | 811,600 | 906,600 | 954,900 | 1.1M | 1.2M | 1.5M | -- |
| Fixed Assets | -- | 589.0M | 639.0M | 618.0M | 572.0M | 454.0M | 451.0M | 466.0M | 469.0M | 503.0M | 526.0M | 447.0M | 315.0M |
| Fixed Assets Total | 535.0M | 589.0M | 639.0M | 618.0M | 572.0M | 454.0M | 451.0M | 466.0M | 469.0M | 503.0M | 526.0M | 447.0M | 315.0M |
| Construction In Progress | -- | 33.7M | 41.2M | 53.8M | 54.8M | 106.0M | 75.0M | 49.2M | 69.2M | 71.2M | 79.1M | 89.5M | 90.1M |
| Construction In Progress Total | 32.0M | 33.7M | 41.2M | 53.8M | 54.8M | 106.0M | 75.0M | 49.2M | 69.2M | 71.2M | 79.1M | 90.0M | 92.8M |
| Intangible Assets | 69.4M | 72.7M | 77.6M | 81.6M | 83.9M | 83.7M | 88.3M | 86.2M | 81.5M | 81.1M | 57.6M | 56.6M | 52.5M |
| Long Term Deferred Expenses | 3.3M | 7.3M | 4.2M | 2.9M | 3.4M | 3.9M | 3.3M | 3.9M | 3.9M | 4.8M | 5.0M | 5.2M | 1.5M |
| Total Non Current Assets | 754.0M | 806.0M | 852.0M | 814.0M | 730.0M | 664.0M | 632.0M | 630.0M | 652.0M | 693.0M | 703.0M | 618.0M | 483.0M |
| Total Assets | 1.4B | 1.4B | 1.6B | 1.5B | 1.4B | 1.2B | 1.2B | 1.0B | 976.0M | 1.0B | 1.1B | 919.0M | 681.0M |
| Short Term Borrowings | 422.0M | 446.0M | 671.0M | 452.0M | 409.0M | 272.0M | 232.0M | 85.0M | 215.0M | 231.0M | 248.0M | 270.0M | 161.0M |
| Accounts Payable | 291.0M | 248.0M | 267.0M | 204.0M | 134.0M | 113.0M | 66.2M | 60.8M | 62.7M | 78.6M | 126.0M | 131.0M | 88.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.3M | 6.4M | 6.2M | 8.5M | 7.5M | 9.7M | 10.4M | 22.5M |
| Contract Liabilities | 10.9M | 20.1M | 11.2M | 7.2M | 4.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 877.0M | 821.0M | 1.1B | 782.0M | 702.0M | 499.0M | 428.0M | 295.0M | 434.0M | 482.0M | 513.0M | 508.0M | 327.0M |
| Long Term Borrowings | 29.4M | 29.4M | -- | 22.0M | -- | 44.5M | 16.0M | 49.2M | 98.2M | 118.0M | 173.0M | 96.5M | 103.0M |
| Total Non Current Liabilities | 76.9M | 75.1M | 31.7M | 65.0M | 39.1M | 76.1M | 69.0M | 77.0M | 133.0M | 166.0M | 205.0M | 113.0M | 108.0M |
| Total Liabilities | 954.0M | 896.0M | 1.1B | 847.0M | 742.0M | 575.0M | 497.0M | 372.0M | 567.0M | 648.0M | 718.0M | 621.0M | 435.0M |
| Paid In Capital | 245.0M | 245.0M | 245.0M | 175.0M | 172.0M | 168.0M | 168.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M |
| Capital Reserve | 193.0M | 205.0M | 206.0M | 265.0M | 209.0M | 177.0M | 178.0M | 226.0M | 73.0M | 73.0M | 73.0M | 73.0M | 73.0M |
| Surplus Reserve | 27.0M | 27.0M | 27.0M | 27.0M | 27.0M | 24.2M | 24.0M | 19.4M | 14.9M | 11.4M | 8.5M | 5.3M | 2.3M |
| Retained Earnings | 4.2M | 26.1M | 18.6M | 138.0M | 292.0M | 275.0M | 289.0M | 278.0M | 231.0M | 201.0M | 173.0M | 129.0M | 80.7M |
| Minority Equity | 28.9M | 20.7M | 12.1M | 13.1M | 9.2M | 5.0M | -625,600 | -354,500 | -- | 94,600 | 99,800 | -- | -- |
| Equity Attributable | 450.0M | 503.0M | 495.0M | 591.0M | 670.0M | 645.0M | 660.0M | 644.0M | 408.0M | 375.0M | 344.0M | 298.0M | 246.0M |
| Total Equity | 479.0M | 524.0M | 508.0M | 604.0M | 680.0M | 650.0M | 659.0M | 644.0M | 408.0M | 375.0M | 344.0M | 298.0M | 246.0M |
| 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 | 2.1B | 2.2B | 1.8B | 1.8B | 1.6B | 1.4B | 1.1B | 1.0B | 1.0B | 977.0M | 1.1B | 1.1B | 1.0B |
| Tax Refunds Received | 372,100 | 233,700 | 1.6M | 5.5M | 607,400 | 3.5M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.1B | 2.2B | 1.8B | 1.9B | 1.6B | 1.4B | 1.1B | 1.0B | 1.0B | 988.0M | 1.1B | 1.1B | 1.0B |
| Cash Paid For Goods | 1.5B | 1.6B | 1.3B | 1.3B | 1.2B | 978.0M | 843.0M | 705.0M | 649.0M | 581.0M | 760.0M | 761.0M | 658.0M |
| Cash Paid To Employees | 268.0M | 269.0M | 257.0M | 262.0M | 195.0M | 162.0M | 152.0M | 136.0M | 124.0M | 121.0M | 119.0M | 106.0M | 79.9M |
| Taxes Paid | 76.3M | 81.9M | 51.0M | 68.7M | 57.2M | 47.4M | 88.5M | 100.0M | 92.2M | 94.8M | 91.6M | 96.7M | 94.5M |
| Total Operating Cash Outflow | 2.0B | 2.1B | 1.8B | 1.8B | 1.5B | 1.3B | 1.1B | 991.0M | 917.0M | 872.0M | 1.0B | 1.1B | 922.0M |
| Operating Cash Flow | 64.6M | 89.8M | 57.7M | 84.0M | 66.7M | 106.0M | -660,200 | 51.6M | 128.0M | 115.0M | 97.4M | 88.6M | 113.0M |
| Total Investing Cash Inflow | 2.4M | 7.9M | 4.4M | 7.4M | 143,600 | 35.3M | 20.3M | 135.0M | 4.3M | 19.8M | 2.1M | 14.8M | 4.7M |
| Total Investing Cash Outflow | 42.5M | 58.3M | 101.0M | 139.0M | 107.0M | 114.0M | 52.6M | 178.0M | 19.0M | 51.2M | 115.0M | 181.0M | 124.0M |
| Investing Cash Flow | -40.2M | -50.4M | -96.7M | -131.0M | -107.0M | -78.4M | -32.3M | -42.2M | -14.7M | -31.4M | -113.0M | -167.0M | -120.0M |
| Cash From Borrowings | 574.0M | 704.0M | 733.0M | 743.0M | 446.0M | 330.0M | 267.0M | 115.0M | 302.0M | 361.0M | 480.0M | 335.0M | 382.0M |
| Dividends And Interest Paid | 26.4M | 25.8M | 18.0M | 38.9M | 48.6M | 57.0M | 59.7M | 54.7M | 66.8M | 57.3M | 57.0M | 37.2M | 20.8M |
| Debt Repayments | 599.0M | 917.0M | 522.0M | 706.0M | 351.0M | 276.0M | 164.0M | 282.0M | 338.0M | 371.0M | 407.0M | 194.0M | 365.0M |
| Total Financing Cash Inflow | 706.0M | 1.0B | 852.0M | 889.0M | 598.0M | 371.0M | 307.0M | 362.0M | 302.0M | 361.0M | 480.0M | 335.0M | 432.0M |
| Total Financing Cash Outflow | 709.0M | 1.0B | 846.0M | 893.0M | 502.0M | 418.0M | 259.0M | 386.0M | 405.0M | 431.0M | 464.0M | 231.0M | 386.0M |
| Financing Cash Flow | -3.9M | 25.8M | 6.4M | -3.1M | 96.6M | -47.6M | 48.5M | -24.0M | -103.0M | -70.1M | 16.5M | 104.0M | 45.9M |
| Net Change In Cash | 20.1M | 65.1M | -32.6M | -50.2M | 56.2M | -20.3M | 15.4M | -14.7M | 10.1M | 14.4M | 1.3M | 26.2M | 39.0M |
| Ending Cash Balance | 189.0M | 169.0M | 104.0M | 137.0M | 187.0M | 131.0M | 151.0M | 136.0M | 150.0M | 140.0M | 126.0M | 125.0M | 98.5M |
| Capex | 13.3M | 27.9M | 89.9M | 126.0M | 106.0M | 78.7M | 52.6M | 27.7M | 19.0M | 51.2M | 115.0M | 180.0M | 124.0M |