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 | 355.0M | 306.0M | 442.0M | 537.0M | 658.0M | 717.0M | 720.0M | 543.0M | 494.0M | 409.0M | 371.0M | 355.0M | 363.0M | 324.0M |
| Revenue Growth % | 16.0% | -30.8% | -17.7% | -18.4% | -8.2% | -0.4% | 32.6% | 9.9% | 20.8% | 10.2% | 4.5% | -2.2% | 12.0% | -- |
| Total Revenue | 355.0M | 306.0M | 442.0M | 537.0M | 658.0M | 717.0M | 720.0M | 543.0M | 494.0M | 409.0M | 371.0M | 355.0M | 363.0M | 324.0M |
| Cost Of Revenue | 356.0M | 311.0M | 416.0M | 484.0M | 543.0M | 588.0M | 579.0M | 457.0M | 399.0M | 319.0M | 284.0M | 267.0M | 273.0M | 253.0M |
| Gross Profit | -1.0M | -5.0M | 26.0M | 53.0M | 115.0M | 129.0M | 141.0M | 86.0M | 95.0M | 90.0M | 87.0M | 88.0M | 90.0M | 71.0M |
| Gross Margin % | -0.3% | -1.6% | 5.9% | 9.9% | 17.5% | 18.0% | 19.6% | 15.8% | 19.2% | 22.0% | 23.5% | 24.8% | 24.8% | 21.9% |
| Total Operating Cost | 584.0M | 567.0M | 562.0M | 936.0M | 671.0M | 699.0M | 664.0M | 508.0M | 437.0M | 355.0M | 320.0M | 305.0M | 308.0M | 281.0M |
| Selling Expenses | 3.5M | 6.1M | 8.9M | 9.8M | 10.7M | 9.6M | 9.5M | 5.7M | 6.4M | 4.3M | 3.0M | 2.5M | 2.1M | 1.7M |
| Admin Expenses | 65.7M | 57.6M | 61.8M | 64.1M | 64.9M | 49.4M | 44.1M | 29.0M | 26.9M | 22.5M | 22.9M | 24.3M | 22.6M | 18.2M |
| Rd Expenses | 1.8M | 522,200 | 4.4M | 5.6M | 11.1M | 12.9M | 5.9M | 885,400 | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 16.9M | 14.1M | 11.6M | 16.1M | 13.6M | 11.5M | 2.4M | 825,400 | 1.7M | 1.7M | 2.0M | 601,900 | 374,900 | -78,400 |
| Operating Income | -147.0M | -244.0M | -116.0M | -391.0M | -7.2M | 18.4M | 59.0M | 35.9M | 57.2M | 54.1M | 51.2M | 49.4M | 54.2M | 42.6M |
| Operating Margin % | -41.4% | -79.7% | -26.2% | -72.8% | -1.1% | 2.6% | 8.2% | 6.6% | 11.6% | 13.2% | 13.8% | 13.9% | 14.9% | 13.1% |
| Non Operating Income | 0.00 | 20,100 | 1.00 | 10.1M | 2.0M | 5,100 | 40,100 | 48,400 | 486,500 | 1.0M | 379,300 | 1.0M | 172,500 | 132,900 |
| Non Operating Expenses | 148.0M | 35.5M | 11.2M | 2.7M | 1.4M | 229,800 | 1.2M | 1.9M | 49,100 | 5,700 | 147,500 | 382,600 | 120,100 | 89,400 |
| Investment Income | 81.4M | 13.9M | 1.8M | -65,600 | 4.4M | -375,900 | -17,600 | 900,000 | -- | -- | -- | -19,000 | -276,400 | -- |
| Asset Disposal Income | -48,000 | 190,300 | 376,600 | 861,700 | -- | -- | -98,200 | -83,800 | -23,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 25.0M | 106.0M | 6.9M | 291.0M | 8.0M | 53,000 | 19.8M | 11.9M | 240,700 | 402,800 | 730,300 | 3.0M | 3.0M | 2.8M |
| Other Income | 288,200 | 2.1M | 1.7M | 7.6M | 2.0M | 878,900 | 3.5M | 652,900 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -295.0M | -280.0M | -127.0M | -384.0M | -6.6M | 18.2M | 57.8M | 34.7M | 57.7M | 55.1M | 51.4M | 50.1M | 54.3M | 42.6M |
| Income Tax | 6.1M | -1.8M | 38.7M | -20.5M | -972,800 | 5.4M | 11.0M | 9.8M | 15.1M | 14.6M | 14.4M | 13.2M | 14.0M | 11.0M |
| Net Income | -301.0M | -278.0M | -166.0M | -363.0M | -5.6M | 12.8M | 46.8M | 24.9M | 42.5M | 40.5M | 37.0M | 36.8M | 40.3M | 31.7M |
| Net Margin % | -84.8% | -90.8% | -37.6% | -67.6% | -0.9% | 1.8% | 6.5% | 4.6% | 8.6% | 9.9% | 10.0% | 10.4% | 11.1% | 9.8% |
| Net Income Attributable | -301.0M | -278.0M | -165.0M | -361.0M | -3.2M | 15.8M | 47.1M | 25.1M | 42.5M | 40.5M | 37.0M | 36.8M | 40.6M | 31.9M |
| Minority Interest | -137,300 | -162,100 | -1.2M | -2.1M | -2.4M | -3.0M | -301,900 | -192,200 | -- | -- | -- | -- | -274,500 | -234,400 |
| Eps Basic | -0.75 | -1.94 | -1.07 | -2.52 | -0.01 | 0.11 | 0.34 | 0.19 | 0.63 | 0.62 | 0.56 | 0.56 | 0.70 | 0.59 |
| Eps Diluted | -0.75 | -1.94 | -1.07 | -2.52 | -0.01 | -- | -- | -- | -- | -- | 0.56 | 0.56 | -- | -- |
| 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 | 739.0M | 55.0M | 35.5M | 148.0M | 199.0M | 290.0M | 168.0M | 151.0M | 173.0M | 61.6M | 50.4M | 39.3M | 61.7M | 47.1M |
| Accounts Receivable | 451.0M | 372.0M | 461.0M | 555.0M | 653.0M | 693.0M | 682.0M | 422.0M | 291.0M | 315.0M | 328.0M | 312.0M | 261.0M | 226.0M |
| Notes Receivable | 3.0M | 1.6M | 4.3M | 9.4M | 3.1M | -- | -- | 45,300 | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 454.0M | 374.0M | 466.0M | 564.0M | 656.0M | 693.0M | 682.0M | 422.0M | 291.0M | 315.0M | 328.0M | 312.0M | 261.0M | 226.0M |
| Prepayments | 5.4M | 28.1M | 18.2M | 24.8M | 96.1M | 18.9M | 15.9M | 10.3M | 4.8M | 2.6M | 2.0M | 1.4M | 350,000 | 638,200 |
| Inventory | 368.0M | 490.0M | 530.0M | 411.0M | 350.0M | 291.0M | 224.0M | 158.0M | 128.0M | 77.7M | 52.8M | 48.3M | 48.0M | 40.0M |
| Total Current Assets | 1.6B | 987.0M | 1.1B | 1.3B | 1.4B | 1.3B | 1.1B | 768.0M | 706.0M | 463.0M | 438.0M | 403.0M | 375.0M | 316.0M |
| Long Term Equity Investment | -- | -- | -- | -- | 235,300 | 196,100 | 579,000 | -- | -- | -- | -- | -- | 2.0M | -- |
| Fixed Assets | -- | 31.2M | 40.1M | 51.5M | 60.3M | 71.5M | 80.3M | 88.3M | 51.5M | 42.3M | 46.4M | 49.0M | 54.3M | 37.6M |
| Fixed Assets Total | 20.8M | 34.2M | 42.2M | 51.6M | 60.3M | 71.5M | 80.3M | 88.3M | 51.5M | 42.3M | 46.4M | 49.0M | 54.3M | 37.6M |
| Construction In Progress | -- | -- | -- | -- | -- | 485,400 | -- | -- | -- | 5.3M | 4.8M | 4.8M | 4.0M | 2.3M |
| Construction In Progress Total | -- | -- | -- | -- | -- | 485,400 | -- | -- | -- | 5.3M | 4.8M | 4.8M | 4.0M | 2.3M |
| Intangible Assets | 19.4M | 21.3M | 22.1M | 25.4M | 28.3M | 32.1M | 34.5M | 22.9M | 20.4M | 21.0M | 21.6M | 22.3M | 22.9M | 15.9M |
| Long Term Deferred Expenses | 467,600 | 748,000 | 1.9M | 3.8M | 3.4M | 3.0M | 2.3M | 2.4M | 2.7M | -- | -- | -- | -- | -- |
| Total Non Current Assets | 68.4M | 93.5M | 147.0M | 206.0M | 466.0M | 467.0M | 469.0M | 124.0M | 81.4M | 75.4M | 81.6M | 85.4M | 90.2M | 61.5M |
| Total Assets | 1.7B | 1.1B | 1.2B | 1.5B | 1.9B | 1.8B | 1.6B | 891.0M | 787.0M | 539.0M | 520.0M | 488.0M | 465.0M | 378.0M |
| Short Term Borrowings | -- | 100.0M | 156.0M | 233.0M | 232.0M | 155.0M | 118.0M | 27.0M | 27.0M | 32.0M | 34.0M | 32.0M | 15.0M | -- |
| Accounts Payable | 153.0M | 389.0M | 389.0M | 227.0M | 295.0M | 354.0M | 304.0M | 188.0M | 136.0M | 120.0M | 165.0M | 168.0M | 195.0M | 190.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 229.0M | 160.0M | 106.0M | 84.6M | 56.1M | 19.3M | 17.1M | 3.6M | 143,600 |
| Contract Liabilities | 186.0M | 273.0M | 254.0M | 257.0M | 247.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 669.0M | 940.0M | 893.0M | 935.0M | 883.0M | 842.0M | 736.0M | 353.0M | 268.0M | 238.0M | 246.0M | 241.0M | 240.0M | 214.0M |
| Long Term Borrowings | -- | -- | -- | 12.0M | 99.5M | 98.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 6.7M | 81.0M | 16.5M | 22.5M | 104.0M | 102.0M | 4.6M | 4.1M | 4.1M | 4.0M | 4.0M | 4.1M | 4.3M | 4.4M |
| Total Liabilities | 676.0M | 1.0B | 909.0M | 957.0M | 987.0M | 944.0M | 740.0M | 357.0M | 272.0M | 242.0M | 250.0M | 245.0M | 245.0M | 218.0M |
| Paid In Capital | 401.0M | 143.0M | 143.0M | 143.0M | 143.0M | 143.0M | 143.0M | 132.0M | 88.0M | 66.0M | 66.0M | 66.0M | 66.0M | 54.0M |
| Capital Reserve | 1.5B | 452.0M | 452.0M | 452.0M | 452.0M | 453.0M | 453.0M | 180.0M | 224.0M | 56.3M | 56.3M | 56.3M | 56.3M | 30.5M |
| Surplus Reserve | 34.6M | 34.6M | 34.6M | 34.6M | 34.6M | 34.9M | 34.3M | 32.7M | 29.8M | 25.6M | 21.6M | 17.9M | 14.4M | 10.3M |
| Retained Earnings | -889.0M | -588.0M | -310.0M | -145.0M | 216.0M | 221.0M | 210.0M | 170.0M | 157.0M | 135.0M | 115.0M | 95.1M | 78.2M | 62.0M |
| Minority Equity | -7.5M | -7.4M | -7.2M | -6.3M | -4.2M | -3.3M | -327,900 | -192,200 | -- | -- | -- | -- | -- | 311,800 |
| Equity Attributable | 1.0B | 66.4M | 343.0M | 508.0M | 868.0M | 873.0M | 861.0M | 534.0M | 515.0M | 297.0M | 270.0M | 244.0M | 220.0M | 159.0M |
| Total Equity | 1.0B | 59.1M | 336.0M | 502.0M | 864.0M | 870.0M | 861.0M | 534.0M | 515.0M | 297.0M | 270.0M | 244.0M | 220.0M | 160.0M |
| 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 | 95.8M | 353.0M | 511.0M | 691.0M | 716.0M | 816.0M | 548.0M | 455.0M | 563.0M | 465.0M | 363.0M | 315.0M | 328.0M | 260.0M |
| Tax Refunds Received | -- | 601,400 | 2.1M | -- | 115,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 319.0M | 373.0M | 616.0M | 745.0M | 822.0M | 895.0M | 629.0M | 512.0M | 600.0M | 487.0M | 374.0M | 320.0M | 332.0M | 264.0M |
| Cash Paid For Goods | 73.9M | 233.0M | 403.0M | 533.0M | 695.0M | 515.0M | 473.0M | 415.0M | 409.0M | 306.0M | 236.0M | 254.0M | 250.0M | 211.0M |
| Cash Paid To Employees | 68.5M | 81.8M | 95.9M | 130.0M | 136.0M | 134.0M | 113.0M | 56.2M | 52.9M | 91.2M | 65.0M | 42.6M | 33.9M | 20.7M |
| Taxes Paid | 11.6M | 13.8M | 6.2M | 22.3M | 32.6M | 49.8M | 32.0M | 21.4M | 34.2M | 27.4M | 22.5M | 24.5M | 20.6M | 12.1M |
| Total Operating Cash Outflow | 939.0M | 403.0M | 551.0M | 750.0M | 948.0M | 813.0M | 746.0M | 580.0M | 555.0M | 454.0M | 348.0M | 338.0M | 319.0M | 256.0M |
| Operating Cash Flow | -620.0M | -29.9M | 65.4M | -4.9M | -125.0M | 81.6M | -117.0M | -67.9M | 45.9M | 33.5M | 25.7M | -18.4M | 13.0M | 8.6M |
| Total Investing Cash Inflow | 988.42 | 195,700 | 182,300 | 61.5M | 70.5M | 71,600 | 91,500 | 101.0M | 165,100 | 858,500 | 207,100 | 364,800 | 156,100 | 106,500 |
| Total Investing Cash Outflow | 1.1M | 2.6M | 552,200 | 72.4M | 69.2M | 120.0M | 33.9M | 47.7M | 108.0M | 3.4M | 4.5M | 4.3M | 31.8M | 5.4M |
| Investing Cash Flow | -1.1M | -2.4M | -369,900 | -10.9M | 1.2M | -120.0M | -33.8M | 53.6M | -108.0M | -2.6M | -4.3M | -3.9M | -31.6M | -5.3M |
| Cash From Borrowings | -- | 29.3M | 177.0M | 295.0M | 348.0M | 255.0M | 118.0M | 27.0M | 51.0M | 32.0M | 34.0M | 32.0M | 15.0M | -- |
| Dividends And Interest Paid | 5.8M | 7.5M | 11.8M | 16.5M | 14.1M | 15.3M | 9.2M | 10.0M | 18.3M | 18.2M | 15.3M | 17.1M | 17.3M | 10.1M |
| Debt Repayments | 63.7M | 91.3M | 300.0M | 340.0M | 269.0M | 120.0M | 27.0M | 27.0M | 56.0M | 34.0M | 32.0M | 15.0M | -- | -- |
| Total Financing Cash Inflow | 853.0M | 129.0M | 199.0M | 295.0M | 348.0M | 255.0M | 202.0M | 27.0M | 256.0M | 32.0M | 34.0M | 32.0M | 51.0M | 490,000 |
| Total Financing Cash Outflow | 90.9M | 122.0M | 326.0M | 362.0M | 284.0M | 135.0M | 41.2M | 37.0M | 85.2M | 52.2M | 47.3M | 32.1M | 17.7M | 10.1M |
| Financing Cash Flow | 762.0M | 6.9M | -127.0M | -67.3M | 64.7M | 120.0M | 161.0M | -10.0M | 171.0M | -20.2M | -13.3M | -90,800 | 33.3M | -9.6M |
| Net Change In Cash | 141.0M | -25.3M | -61.6M | -83.1M | -59.5M | 81.5M | 9.8M | -24.2M | 108.0M | 10.7M | 8.1M | -22.4M | 14.6M | -6.3M |
| Ending Cash Balance | 145.0M | 4.2M | 29.6M | 91.1M | 174.0M | 234.0M | 152.0M | 142.0M | 167.0M | 58.2M | 47.4M | 39.3M | 61.7M | 47.1M |
| Capex | 1.1M | 2.6M | 519,100 | 7.4M | 4.2M | 8.7M | 8.2M | 47.7M | 8.4M | 3.4M | 4.5M | 4.3M | 31.7M | 5.4M |