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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.2B | 1.2B | 1.5B | 1.2B | 1.1B | 877.0M | 777.0M | 582.0M | 462.0M | 302.0M | 272.0M |
| Revenue Growth % | 1.9% | 7.0% | -24.9% | 32.0% | 5.0% | 27.4% | 12.9% | 33.5% | 26.0% | 53.0% | 11.0% | -- |
| Total Revenue | 1.3B | 1.2B | 1.2B | 1.5B | 1.2B | 1.1B | 877.0M | 777.0M | 582.0M | 462.0M | 302.0M | 272.0M |
| Cost Of Revenue | 1.1B | 1.1B | 1.0B | 1.3B | 928.0M | 850.0M | 676.0M | 567.0M | 410.0M | 327.0M | 229.0M | 202.0M |
| Gross Profit | 197.0M | 185.0M | 127.0M | 290.0M | 245.0M | 267.0M | 201.0M | 210.0M | 172.0M | 135.0M | 73.0M | 70.0M |
| Gross Margin % | 15.6% | 14.9% | 10.9% | 18.7% | 20.9% | 23.9% | 22.9% | 27.0% | 29.6% | 29.2% | 24.2% | 25.7% |
| Total Operating Cost | 1.3B | 1.2B | 1.2B | 1.4B | 1.1B | 996.0M | 773.0M | 651.0M | 474.0M | 390.0M | 274.0M | 240.0M |
| Selling Expenses | 10.3M | 11.5M | 12.5M | 19.5M | 13.8M | 30.6M | 23.4M | 21.3M | 16.3M | 12.2M | 9.4M | 7.9M |
| Admin Expenses | 67.9M | 55.3M | 51.7M | 54.8M | 40.9M | 41.8M | 23.7M | 18.9M | 37.8M | 43.0M | 22.7M | 21.8M |
| Rd Expenses | 41.5M | 46.3M | 45.9M | 68.2M | 51.3M | 50.2M | 39.1M | 30.8M | -- | -- | -- | -- |
| Finance Expenses | 64.7M | 32.9M | 26.6M | 18.5M | 10.2M | 2.4M | -386,600 | 3.8M | 2.0M | 1.3M | 2.7M | 4.1M |
| Operating Income | 2.8M | 93.8M | -55.5M | 125.0M | 124.0M | 144.0M | 119.0M | 129.0M | 106.0M | 72.3M | 33.1M | 32.7M |
| Operating Margin % | 0.2% | 7.5% | -4.8% | 8.1% | 10.6% | 12.9% | 13.6% | 16.6% | 18.2% | 15.7% | 11.0% | 12.0% |
| Non Operating Income | 588,100 | 392,900 | 840,400 | 413,400 | 512,200 | 3.1M | 3.1M | 1.7M | 5.4M | 1.9M | 1.7M | 1.5M |
| Non Operating Expenses | 4.1M | 997,400 | 1.8M | 1.1M | 2.0M | 1.6M | 694,100 | 724,600 | 2.9M | 1.4M | 828,700 | 793,000 |
| Investment Income | 4.3M | 296,400 | 4.3M | 4.2M | 5.8M | 6.1M | 11.8M | -- | 132,000 | 157,900 | 5.0M | 376,200 |
| Fair Value Change Income | 6.5M | 913,100 | -- | 19.4M | -998,600 | 9.6M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -385,400 | 68.7M | -836,000 | -3.0M | -3.6M | -995,300 | -42,100 | -29,500 | -2.3M | -- | -- | -- |
| Asset Impairment Loss | 13.9M | 9.6M | 51.7M | 22.4M | 1.0M | 11.1M | 5.9M | 5.1M | 4.3M | 4.8M | 9.5M | 2.2M |
| Other Income | 11.1M | 8.9M | 4.9M | 4.4M | 5.8M | 8.4M | 2.8M | 2.4M | -- | -- | -- | -- |
| Income Before Tax | -717,700 | 93.2M | -56.4M | 124.0M | 122.0M | 145.0M | 121.0M | 129.0M | 108.0M | 72.8M | 34.0M | 33.3M |
| Income Tax | -4.6M | 18.2M | 2.9M | 15.1M | 12.1M | 21.1M | 15.7M | 17.5M | 15.6M | 14.6M | 6.1M | 5.6M |
| Net Income | 3.9M | 75.1M | -59.4M | 109.0M | 110.0M | 124.0M | 106.0M | 112.0M | 92.5M | 58.2M | 27.9M | 27.8M |
| Net Margin % | 0.3% | 6.0% | -5.1% | 7.0% | 9.4% | 11.1% | 12.1% | 14.4% | 15.9% | 12.6% | 9.2% | 10.2% |
| Net Income Attributable | 11.1M | 83.9M | -40.5M | 101.0M | 101.0M | 112.0M | 105.0M | 112.0M | 92.5M | 58.7M | 27.1M | 28.3M |
| Minority Interest | -7.2M | -8.8M | -18.9M | 8.4M | 8.4M | 12.3M | 1.1M | -- | -- | -514,300 | 775,800 | -554,800 |
| Eps Basic | 0.07 | 0.50 | -0.24 | 0.59 | 0.60 | 0.66 | 0.62 | 1.12 | 1.23 | 1.00 | -- | -- |
| Eps Diluted | 0.07 | 0.50 | -0.24 | 0.59 | 0.60 | 0.66 | 0.62 | 1.12 | 1.23 | 1.00 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 185.0M | 322.0M | 333.0M | 393.0M | 239.0M | 245.0M | 213.0M | 230.0M | 44.9M | 99.1M | 21.7M | 18.4M |
| Trading Financial Assets | 7.4M | 913,100 | -- | 129.0M | 9.6M | 140.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 348.0M | 370.0M | 295.0M | 377.0M | 345.0M | 277.0M | 236.0M | 155.0M | 118.0M | 103.0M | 64.0M | 49.6M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 59.1M | 23.8M | 10.7M | 11.0M | 3.6M | 4.9M |
| Notes And Accounts Receivable | 348.0M | 370.0M | 295.0M | 377.0M | 345.0M | 277.0M | 296.0M | 179.0M | 129.0M | 114.0M | 67.6M | 54.5M |
| Prepayments | 25.7M | 15.6M | 14.8M | 37.6M | 95.6M | 12.1M | 14.8M | 42.6M | 19.5M | 1.1M | 3.7M | 5.1M |
| Inventory | 293.0M | 266.0M | 278.0M | 394.0M | 258.0M | 183.0M | 146.0M | 137.0M | 103.0M | 61.8M | 54.5M | 47.8M |
| Total Current Assets | 1.0B | 1.1B | 1.0B | 1.4B | 1.0B | 934.0M | 916.0M | 803.0M | 299.0M | 278.0M | 175.0M | 153.0M |
| Long Term Equity Investment | 8.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.6B | -- | 537.0M | 463.0M | 328.0M | 273.0M | 152.0M | 130.0M | 109.0M | 84.4M | 61.5M |
| Fixed Assets Total | 1.8B | 1.6B | 658.0M | 537.0M | 463.0M | 328.0M | 273.0M | 152.0M | 130.0M | 109.0M | 84.4M | 61.5M |
| Construction In Progress | -- | 190.0M | -- | 149.0M | 74.1M | 89.3M | 26.5M | 661,300 | 774,400 | -- | 2.9M | 6.4M |
| Construction In Progress Total | 340.0M | 190.0M | 209.0M | 149.0M | 74.1M | 89.3M | 26.5M | 661,300 | 774,400 | -- | 2.9M | 6.4M |
| Intangible Assets | 260.0M | 267.0M | 135.0M | 139.0M | 130.0M | 116.0M | 60.8M | 15.3M | 13.6M | 13.9M | 14.1M | 13.3M |
| Long Term Deferred Expenses | 1.9M | 4.1M | 8.1M | 10.9M | 10.0M | 8.9M | 3.3M | 8.5M | 11.8M | 1.5M | 294,300 | 441,500 |
| Total Non Current Assets | 2.6B | 2.2B | 1.2B | 1.0B | 755.0M | 618.0M | 450.0M | 183.0M | 161.0M | 128.0M | 107.0M | 87.2M |
| Total Assets | 3.7B | 3.4B | 2.2B | 2.5B | 1.8B | 1.6B | 1.4B | 986.0M | 459.0M | 406.0M | 282.0M | 241.0M |
| Short Term Borrowings | 320.0M | 447.0M | 424.0M | 538.0M | 282.0M | 119.0M | 104.0M | 500,000 | 38.5M | 75.5M | 48.5M | 46.5M |
| Accounts Payable | 508.0M | 277.0M | 140.0M | 151.0M | 165.0M | 141.0M | 87.9M | 50.3M | 51.9M | 41.8M | 25.1M | 16.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.6M | 2.7M | 2.9M | 3.3M | 2.3M | 5.0M | 3.8M |
| Contract Liabilities | 2.7M | 2.8M | 2.2M | 2.4M | 3.6M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 849.0M | 628.0M | 858.0M | 594.0M | 377.0M | 295.0M | 79.7M | 115.0M | 154.0M | 103.0M | 91.1M |
| Long Term Borrowings | 912.0M | 562.0M | -- | -- | 44.5M | 43.4M | 12.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.4B | 1.3B | 446.0M | 415.0M | 69.6M | 86.1M | 73.7M | 5.4M | 3.6M | 3.3M | 1.7M | 411,800 |
| Total Liabilities | 2.4B | 2.2B | 1.1B | 1.3B | 663.0M | 463.0M | 368.0M | 85.1M | 119.0M | 158.0M | 105.0M | 91.5M |
| Paid In Capital | 169.0M | 169.0M | 169.0M | 169.0M | 169.0M | 169.0M | 130.0M | 100.0M | 75.0M | 75.0M | 24.9M | 24.9M |
| Capital Reserve | 531.0M | 494.0M | 505.0M | 505.0M | 505.0M | 523.0M | 562.0M | 592.0M | 154.0M | 154.0M | 13.5M | 13.5M |
| Surplus Reserve | 69.0M | 66.4M | 64.5M | 61.1M | 51.9M | 43.7M | 28.8M | 19.3M | 9.2M | 1.6M | 8.2M | 6.3M |
| Retained Earnings | 410.0M | 432.0M | 351.0M | 415.0M | 357.0M | 314.0M | 250.0M | 190.0M | 103.0M | 18.1M | 125.0M | 99.9M |
| Minority Equity | 24.1M | 25.2M | 26.0M | 44.9M | 36.5M | 39.2M | 26.9M | -- | -- | -- | 5.2M | 4.4M |
| Equity Attributable | 1.2B | 1.2B | 1.1B | 1.2B | 1.1B | 1.0B | 971.0M | 901.0M | 341.0M | 248.0M | 172.0M | 145.0M |
| Total Equity | 1.2B | 1.2B | 1.1B | 1.2B | 1.1B | 1.1B | 997.0M | 901.0M | 341.0M | 248.0M | 177.0M | 149.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 978.0M | 864.0M | 998.0M | 917.0M | 754.0M | 622.0M | 614.0M | 473.0M | 428.0M | 338.0M | 287.0M | 264.0M |
| Tax Refunds Received | 6.1M | 10.3M | 20.1M | 17.6M | 9.7M | 16.8M | 6.3M | 5.4M | 4.1M | 7.8M | 9.3M | 4.0M |
| Total Operating Cash Inflow | 1.0B | 905.0M | 1.1B | 1.0B | 804.0M | 678.0M | 645.0M | 485.0M | 441.0M | 375.0M | 421.0M | 356.0M |
| Cash Paid For Goods | 563.0M | 530.0M | 522.0M | 724.0M | 599.0M | 375.0M | 338.0M | 320.0M | 287.0M | 211.0M | 203.0M | 191.0M |
| Cash Paid To Employees | 161.0M | 157.0M | 157.0M | 188.0M | 134.0M | 130.0M | 94.0M | 85.9M | 68.4M | 46.2M | 32.6M | 29.7M |
| Taxes Paid | 37.9M | 44.4M | 37.9M | 28.3M | 24.3M | 47.6M | 20.7M | 33.8M | 36.2M | 21.8M | 19.4M | 7.6M |
| Total Operating Cash Outflow | 814.0M | 792.0M | 782.0M | 1.0B | 827.0M | 633.0M | 494.0M | 476.0M | 413.0M | 323.0M | 393.0M | 327.0M |
| Operating Cash Flow | 202.0M | 113.0M | 307.0M | -11.8M | -22.3M | 44.7M | 151.0M | 9.0M | 28.0M | 51.8M | 28.1M | 28.7M |
| Total Investing Cash Inflow | 38.5M | 172.0M | 378.0M | 159.0M | 237.0M | 268.0M | 375.0M | 82,900 | 61.2M | 77.7M | 134.0M | 40.1M |
| Total Investing Cash Outflow | 360.0M | 486.0M | 542.0M | 571.0M | 339.0M | 321.0M | 579.0M | 248.0M | 92.7M | 77.0M | 155.0M | 82.2M |
| Investing Cash Flow | -322.0M | -315.0M | -164.0M | -412.0M | -101.0M | -52.6M | -203.0M | -247.0M | -31.5M | 690,300 | -21.9M | -42.1M |
| Cash From Borrowings | 965.0M | 991.0M | 610.0M | 1.1B | 417.0M | 209.0M | 118.0M | 49.5M | 38.5M | 142.0M | 100.0M | 124.0M |
| Dividends And Interest Paid | 83.6M | 26.4M | 43.5M | 50.6M | 62.1M | 39.1M | 36.1M | 17.0M | 2.0M | 3.4M | 2.8M | 3.0M |
| Debt Repayments | 627.0M | 776.0M | 753.0M | 490.0M | 254.0M | 164.0M | 26.6M | 87.5M | 75.5M | 115.0M | 98.5M | 128.0M |
| Total Financing Cash Inflow | 1.0B | 1.0B | 610.0M | 1.1B | 447.0M | 237.0M | 118.0M | 538.0M | 38.5M | 213.0M | 103.0M | 146.0M |
| Total Financing Cash Outflow | 1.0B | 834.0M | 800.0M | 547.0M | 347.0M | 217.0M | 75.8M | 124.0M | 85.7M | 192.0M | 109.0M | 133.0M |
| Financing Cash Flow | -14.2M | 177.0M | -190.0M | 594.0M | 100.0M | 19.4M | 41.7M | 414.0M | -47.2M | 21.4M | -5.5M | 13.8M |
| Net Change In Cash | -142.0M | -20.2M | -46.4M | 167.0M | -33.8M | 10.9M | -10.1M | 175.0M | -50.1M | 75.8M | 735,400 | -556,400 |
| Ending Cash Balance | 146.0M | 287.0M | 308.0M | 354.0M | 187.0M | 221.0M | 210.0M | 220.0M | 44.9M | 95.0M | 19.2M | 18.4M |
| Capex | 305.0M | 186.0M | 237.0M | 238.0M | 175.0M | 148.0M | 142.0M | 36.5M | 32.3M | 23.7M | 31.3M | 16.9M |