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 | 6.3B | 4.7B | 4.3B | 5.5B | 5.6B | 3.0B | 3.1B | 2.6B | 1.7B | 1.9B | 1.4B | 1.4B | 938.0M | 765.0M |
| Revenue Growth % | 32.7% | 9.3% | -21.2% | -1.8% | 86.5% | -4.7% | 21.9% | 49.1% | -6.8% | 30.4% | 2.3% | 48.5% | 22.6% | -- |
| Total Revenue | 6.3B | 4.7B | 4.3B | 5.5B | 5.6B | 3.0B | 3.1B | 2.6B | 1.7B | 1.9B | 1.4B | 1.4B | 938.0M | 765.0M |
| Cost Of Revenue | 6.1B | 4.5B | 4.1B | 5.3B | 5.3B | 2.7B | 2.9B | 2.3B | 1.6B | 1.7B | 1.3B | 1.2B | 822.0M | 650.0M |
| Gross Profit | 234.0M | 269.0M | 197.0M | 241.0M | 312.0M | 324.0M | 265.0M | 277.0M | 143.0M | 136.0M | 144.0M | 148.0M | 116.0M | 115.0M |
| Gross Margin % | 3.7% | 5.7% | 4.5% | 4.4% | 5.6% | 10.8% | 8.4% | 10.7% | 8.3% | 7.3% | 10.1% | 10.6% | 12.4% | 15.0% |
| Total Operating Cost | 6.3B | 4.7B | 4.5B | 5.7B | 5.6B | 3.2B | 3.1B | 2.5B | 1.7B | 1.8B | 1.4B | 1.3B | 889.0M | 708.0M |
| Selling Expenses | 111.0M | 120.0M | 164.0M | 155.0M | 102.0M | 86.4M | 93.0M | 60.4M | 35.3M | 33.4M | 30.3M | 25.7M | 25.3M | 20.0M |
| Admin Expenses | 82.2M | 81.3M | 81.0M | 98.8M | 55.6M | 66.1M | 83.8M | 97.5M | 52.5M | 44.6M | 36.7M | 32.6M | 27.6M | 29.8M |
| Rd Expenses | 9.9M | 7.6M | 653,600 | 8.8M | 8.6M | 9.0M | 10.3M | 554,400 | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 8.4M | 10.5M | 10.4M | 12.2M | 9.6M | 6.6M | 3.5M | -1.8M | -3.2M | -1.9M | -803,400 | -900,100 | -460,000 | -227,600 |
| Operating Income | -9.4M | 64.0M | -98.6M | -190.0M | 77.8M | -199.0M | 68.8M | 92.7M | 41.8M | 26.6M | 60.3M | 69.2M | 49.3M | 56.8M |
| Operating Margin % | -0.1% | 1.4% | -2.3% | -3.5% | 1.4% | -6.6% | 2.2% | 3.6% | 2.4% | 1.4% | 4.2% | 5.0% | 5.3% | 7.4% |
| Non Operating Income | 647,100 | 384,600 | 789,700 | 465,600 | 64.2M | 15.3M | 2.9M | 93,700 | 2.4M | 8.2M | 11.2M | 18.0M | 11.0M | 836,100 |
| Non Operating Expenses | 4.1M | 1.1M | 250,700 | 2.7M | 456,000 | 354,300 | 1.1M | 1.1M | 10,000 | 6,700 | 15,700 | -- | 33.00 | 11,400 |
| Investment Income | 683,200 | -100,600 | -2.7M | 1.7M | 1.9M | 2.1M | 5.1M | 2.8M | 1.0M | 632,200 | -- | -- | -258,100 | -- |
| Asset Disposal Income | 296,600 | 234,100 | -551,200 | -96,900 | 3,700 | -46,000 | 57,000 | -87,400 | -704,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -- | -- | 49.3M | 198.0M | 46.1M | 318.0M | 10.4M | 24.7M | 8.1M | 26.2M | 6.5M | 7.4M | 3.6M | -2.9M |
| Other Income | 952,800 | 18.7M | 23.2M | 34.9M | 33.2M | 20.6M | 16.6M | 5.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -12.9M | 63.3M | -98.1M | -192.0M | 142.0M | -184.0M | 70.5M | 91.7M | 44.2M | 34.8M | 71.5M | 87.2M | 60.3M | 57.7M |
| Income Tax | 5.2M | 15.3M | 1.9M | 15.6M | 39.5M | 27.3M | 9.4M | 16.2M | 13.2M | 9.1M | 20.5M | 23.2M | 16.0M | 17.4M |
| Net Income | -18.1M | 48.0M | -99.9M | -207.0M | 102.0M | -211.0M | 61.1M | 75.5M | 31.0M | 25.7M | 51.0M | 64.0M | 44.3M | 40.2M |
| Net Margin % | -0.3% | 1.0% | -2.3% | -3.8% | 1.8% | -7.0% | 1.9% | 2.9% | 1.8% | 1.4% | 3.6% | 4.6% | 4.7% | 5.3% |
| Net Income Attributable | -18.1M | 48.0M | -99.9M | -207.0M | 102.0M | -211.0M | 56.6M | 66.7M | 33.0M | 27.2M | 50.2M | 63.5M | 44.3M | 40.2M |
| Minority Interest | -- | -- | -22,900 | -53,100 | -44,300 | -- | 4.5M | 8.8M | -2.1M | -1.4M | 752,700 | 501,400 | -- | -- |
| Eps Basic | -0.07 | 0.18 | -0.37 | -0.77 | 0.38 | -0.78 | 0.21 | 0.25 | 0.12 | 0.11 | 0.50 | 0.63 | 0.44 | 0.40 |
| Eps Diluted | -0.07 | 0.18 | -0.37 | -0.77 | 0.38 | -0.78 | 0.21 | 0.25 | 0.12 | 0.11 | 0.50 | 0.63 | 0.44 | 0.40 |
| 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 | 252.0M | 323.0M | 313.0M | 211.0M | 218.0M | 339.0M | 193.0M | 201.0M | 361.0M | 233.0M | 201.0M | 131.0M | 119.0M | 93.3M |
| Accounts Receivable | 769.0M | 540.0M | 701.0M | 1.0B | 1.2B | 626.0M | 524.0M | 728.0M | 166.0M | 288.0M | 143.0M | 106.0M | 84.3M | 63.4M |
| Notes Receivable | 1.7M | 12.9M | 1.1M | 14.3M | -- | -- | 19.3M | 67.9M | 33.2M | 57.5M | 4.4M | 5.7M | -- | 700,000 |
| Notes And Accounts Receivable | 770.0M | 553.0M | 702.0M | 1.1B | 1.2B | 626.0M | 543.0M | 796.0M | 199.0M | 346.0M | 147.0M | 112.0M | 84.3M | 64.1M |
| Prepayments | 189.0M | 149.0M | 202.0M | 236.0M | 217.0M | 216.0M | 307.0M | 240.0M | 214.0M | 230.0M | 174.0M | 176.0M | 162.0M | 105.0M |
| Inventory | -- | -- | 13,500 | -- | 15,200 | -- | -- | 44,700 | 735,100 | -- | -- | -- | -- | -- |
| Total Current Assets | 1.3B | 1.1B | 1.3B | 1.5B | 1.8B | 1.2B | 1.1B | 1.4B | 812.0M | 836.0M | 565.0M | 434.0M | 376.0M | 264.0M |
| Long Term Equity Investment | 15.2M | 14.4M | 14.5M | 38.2M | 41.8M | 42.6M | 40.6M | 53.1M | 54.6M | 35.5M | -- | -- | -- | -- |
| Fixed Assets | -- | 5.3M | 5.8M | 7.5M | 6.1M | 4.3M | 5.1M | 5.3M | 4.2M | 4.2M | 3.9M | 4.8M | 3.4M | 3.0M |
| Fixed Assets Total | 3.9M | 5.3M | 5.8M | 7.5M | 6.1M | 4.3M | 5.1M | 5.3M | 4.2M | 4.2M | 3.9M | 4.8M | 3.4M | 3.0M |
| Intangible Assets | 3.6M | 4.7M | 5.9M | 4.5M | 5.1M | 5.9M | 6.8M | 7.5M | 1.5M | 543,900 | 335,400 | 324,500 | -- | -- |
| Long Term Deferred Expenses | 1.1M | 1.9M | 1.6M | 3.8M | 3.0M | 135,300 | 544,300 | -- | 2.9M | 5.5M | 2.0M | 2.2M | 1.8M | -- |
| Total Non Current Assets | 115.0M | 116.0M | 110.0M | 171.0M | 339.0M | 374.0M | 684.0M | 687.0M | 80.6M | 66.3M | 26.8M | 25.6M | 8.3M | 4.2M |
| Total Assets | 1.4B | 1.2B | 1.4B | 1.7B | 2.1B | 1.6B | 1.8B | 2.0B | 893.0M | 902.0M | 592.0M | 460.0M | 384.0M | 268.0M |
| Short Term Borrowings | 280.0M | 152.0M | 124.0M | 135.0M | 140.0M | 80.0M | 87.7M | 25.0M | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 285.0M | 374.0M | 606.0M | 864.0M | 955.0M | 482.0M | 339.0M | 502.0M | 97.0M | 108.0M | 27.2M | 27.0M | 31.7M | 17.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 77.2M | 106.0M | 121.0M | 19.3M | 40.9M | 96.2M | 58.0M | 85.2M | 32.6M |
| Contract Liabilities | 365.0M | 261.0M | 283.0M | 216.0M | 114.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 977.0M | 1.2B | 1.4B | 1.6B | 992.0M | 876.0M | 984.0M | 294.0M | 335.0M | 269.0M | 188.0M | 180.0M | 107.0M |
| Long Term Borrowings | -- | 30.0M | 40.0M | -- | 30.0M | 87.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 11.4M | 48.3M | 49.3M | 11.4M | 30.6M | 276.0M | 320.0M | 351.0M | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 1.2B | 1.0B | 1.2B | 1.5B | 1.6B | 1.3B | 1.2B | 1.3B | 294.0M | 335.0M | 269.0M | 188.0M | 180.0M | 107.0M |
| Paid In Capital | 268.0M | 268.0M | 268.0M | 268.0M | 271.0M | 271.0M | 271.0M | 271.0M | 271.0M | 133.0M | 100.0M | 100.0M | 100.0M | 100.0M |
| Capital Reserve | 10.7M | 4.0M | 3.8M | 7.3M | 3.8M | 3.8M | 10.6M | 120.0M | 106.0M | 196.0M | 16.6M | 16.6M | 16.6M | 17.8M |
| Surplus Reserve | 16.4M | 16.4M | 16.4M | 16.4M | 16.4M | 7.6M | 3.5M | 12.2M | 9.7M | 8.3M | 8.1M | 6.3M | 3.6M | 2.2M |
| Retained Earnings | -115.0M | -96.7M | -145.0M | -44.5M | 189.0M | 95.5M | 311.0M | 306.0M | 252.0M | 220.0M | 193.0M | 145.0M | 83.8M | 41.0M |
| Minority Equity | -150,700 | -150,700 | 26,100 | -151,000 | -237,800 | -193,500 | -193,500 | 41.6M | 6.8M | 9.7M | 5.1M | 4.3M | -- | -- |
| Equity Attributable | 183.0M | 197.0M | 145.0M | 247.0M | 451.0M | 349.0M | 567.0M | 663.0M | 592.0M | 558.0M | 318.0M | 267.0M | 204.0M | 161.0M |
| Total Equity | 182.0M | 197.0M | 145.0M | 247.0M | 451.0M | 349.0M | 566.0M | 704.0M | 599.0M | 567.0M | 323.0M | 272.0M | 204.0M | 161.0M |
| 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 | 6.5B | 5.1B | 5.0B | 6.2B | 5.4B | 2.9B | 3.5B | 2.2B | 1.7B | 1.5B | 1.2B | 1.0B | 695.0M | 604.0M |
| Tax Refunds Received | 820,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 995,400 | -- | -- | -- |
| Total Operating Cash Inflow | 6.5B | 5.2B | 5.0B | 6.3B | 5.4B | 3.0B | 3.6B | 2.2B | 1.7B | 1.5B | 1.2B | 1.1B | 733.0M | 614.0M |
| Cash Paid For Goods | 6.5B | 4.9B | 4.6B | 5.7B | 5.2B | 2.5B | 3.2B | 1.9B | 1.4B | 1.5B | 1.0B | 882.0M | 595.0M | 501.0M |
| Cash Paid To Employees | 159.0M | 172.0M | 207.0M | 214.0M | 137.0M | 132.0M | 165.0M | 80.9M | 68.6M | 60.0M | 55.9M | 49.1M | 38.6M | 22.8M |
| Taxes Paid | 23.1M | 7.8M | 20.9M | 54.5M | 50.4M | 47.1M | 97.1M | 46.9M | 28.3M | 37.0M | 57.4M | 64.0M | 33.6M | 36.4M |
| Total Operating Cash Outflow | 6.8B | 5.1B | 4.9B | 6.1B | 5.4B | 2.7B | 3.6B | 2.1B | 1.6B | 1.7B | 1.2B | 1.0B | 719.0M | 583.0M |
| Operating Cash Flow | -292.0M | 21.1M | 122.0M | 183.0M | -23.4M | 210.0M | 10.1M | 100.0M | 123.0M | -210.0M | 71.3M | 40.3M | 13.9M | 30.5M |
| Total Investing Cash Inflow | 104,200 | 3,676 | 27,600 | 861,100 | 54.8M | 165.0M | 436.0M | 187.0M | 1.7M | 1,800 | 1,200 | -- | -- | 10.3M |
| Total Investing Cash Outflow | 1.3M | 2.3M | 1.9M | 92.3M | 127.0M | 257.0M | 438.0M | 431.0M | 23.8M | 43.1M | 718,100 | 16.0M | 3.5M | 9.3M |
| Investing Cash Flow | -1.2M | -2.3M | -1.9M | -91.4M | -72.3M | -91.4M | -2.1M | -244.0M | -22.1M | -43.1M | -716,900 | -16.0M | -3.5M | 993,700 |
| Cash From Borrowings | 619.0M | 241.0M | 244.0M | 190.0M | 150.0M | 282.0M | 148.0M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 7.9M | 7.9M | 9.7M | 9.6M | 11.9M | 8.7M | 23.7M | 25.9M | -- | -- | -- | -- | -- | -- |
| Debt Repayments | 442.0M | 224.0M | 235.0M | 254.0M | 152.0M | 138.0M | 85.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 622.0M | 241.0M | 264.0M | 205.0M | 175.0M | 408.0M | 399.0M | 15.2M | 66.3M | 222.0M | -- | -- | -- | 42.0M |
| Total Financing Cash Outflow | 464.0M | 250.0M | 283.0M | 290.0M | 197.0M | 375.0M | 399.0M | 39.3M | 962,500 | 8.8M | -- | -- | -- | -- |
| Financing Cash Flow | 158.0M | -8.8M | -19.2M | -85.4M | -21.8M | 33.3M | -386,200 | -24.0M | 65.3M | 213.0M | -- | -- | -- | 42.0M |
| Net Change In Cash | -135.0M | 10.1M | 101.0M | 6.4M | -117.0M | 151.0M | 7.6M | -167.0M | 166.0M | -40.6M | 70.6M | 24.3M | 10.4M | 73.5M |
| Ending Cash Balance | 181.0M | 316.0M | 305.0M | 205.0M | 198.0M | 316.0M | 164.0M | 157.0M | 324.0M | 158.0M | 199.0M | 128.0M | 104.0M | 93.3M |
| Capex | 1.1M | 2.3M | 1.9M | 9.3M | 7.1M | 657,600 | 2.0M | 4.2M | 1.8M | 1.5M | 718,100 | 2.4M | 3.4M | 1.7M |