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 | 1.3B | 2.7B | 3.2B | 1.9B | 1.2B | 1.1B | 1.0B | 883.0M | 506.0M | 512.0M | 587.0M | 597.0M | 629.0M | 620.0M |
| Revenue Growth % | -52.2% | -17.0% | 67.6% | 55.8% | 14.4% | 3.5% | 17.7% | 74.5% | -1.2% | -12.8% | -1.7% | -5.1% | 1.5% | -- |
| Total Revenue | 1.3B | 2.7B | 3.2B | 1.9B | 1.2B | 1.1B | 1.0B | 883.0M | 506.0M | 512.0M | 587.0M | 597.0M | 629.0M | 620.0M |
| Cost Of Revenue | 1.3B | 2.5B | 3.0B | 1.6B | 1.1B | 898.0M | 894.0M | 765.0M | 397.0M | 422.0M | 499.0M | 518.0M | 533.0M | 530.0M |
| Gross Profit | -62.0M | 141.0M | 173.0M | 282.0M | 168.0M | 177.0M | 145.0M | 118.0M | 109.0M | 90.0M | 88.0M | 79.0M | 96.0M | 90.0M |
| Gross Margin % | -4.9% | 5.3% | 5.4% | 14.7% | 13.7% | 16.5% | 14.0% | 13.4% | 21.5% | 17.6% | 15.0% | 13.2% | 15.3% | 14.5% |
| Total Operating Cost | 1.7B | 2.8B | 3.3B | 1.8B | 1.2B | 1.0B | 1.0B | 865.0M | 459.0M | 467.0M | 547.0M | 561.0M | 573.0M | 566.0M |
| Selling Expenses | 15.5M | 12.5M | 13.0M | 9.2M | 9.9M | 30.1M | 23.6M | 18.1M | 11.8M | 9.9M | 8.4M | 7.6M | 8.0M | 6.3M |
| Admin Expenses | 122.0M | 90.0M | 104.0M | 90.7M | 55.0M | 44.0M | 36.4M | 34.6M | 33.7M | 22.5M | 23.9M | 25.3M | 21.4M | 18.1M |
| Rd Expenses | 58.5M | 42.4M | 91.9M | 56.5M | 42.7M | 28.8M | 25.9M | 16.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 82.2M | 69.3M | 56.1M | 40.3M | 27.0M | 22.7M | 25.9M | 23.7M | 11.2M | 13.4M | 11.0M | 7.3M | 8.0M | 8.1M |
| Operating Income | -396.0M | -36.0M | -83.3M | 105.0M | 41.3M | 75.1M | 55.2M | 43.1M | 47.3M | 44.4M | 40.4M | 31.3M | 55.7M | 54.2M |
| Operating Margin % | -31.1% | -1.4% | -2.6% | 5.5% | 3.4% | 7.0% | 5.3% | 4.9% | 9.3% | 8.7% | 6.9% | 5.2% | 8.9% | 8.7% |
| Non Operating Income | 1.3M | 1.3M | 1.0M | 851,400 | 2.0M | 525,100 | 970,500 | 15.0M | 4.9M | 1.4M | 1.4M | 6.2M | 844,200 | 1.2M |
| Non Operating Expenses | 855,300 | 137,000 | 3.4M | 1.9M | 4.1M | 7.1M | 411,000 | 105,600 | 757,600 | 584,800 | 659,200 | 559,000 | 741,500 | 651,600 |
| Investment Income | -4.6M | -- | -- | -- | -- | 30,600 | 3.5M | -- | -- | -- | -- | -4.9M | -- | 3,293 |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -80,200 | -- |
| Asset Disposal Income | 14,200 | 80,100 | 12,900 | -600.00 | -18,300 | 5.1M | -1.8M | 43,700 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 58.0M | 3.1M | 14.3M | -- | -- | -- | 1.4M | -536,700 | 1.5M | -3.5M | 2.5M | 925,800 | 49,500 | 91,400 |
| Other Income | 18.9M | 52.3M | 41.4M | 30.4M | 15.6M | 24.8M | 30.3M | 26.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -396.0M | -34.8M | -85.7M | 104.0M | 39.2M | 68.4M | 55.7M | 58.0M | 51.5M | 45.2M | 41.1M | 36.9M | 55.8M | 54.7M |
| Income Tax | -22.7M | -29.6M | -39.3M | 917,200 | -1.3M | 3.6M | -539,700 | 5.7M | 8.0M | 6.4M | 4.9M | 4.8M | 7.9M | 5.7M |
| Net Income | -373.0M | -5.2M | -46.4M | 103.0M | 40.5M | 64.9M | 56.2M | 52.3M | 43.4M | 38.9M | 36.2M | 32.1M | 47.9M | 49.0M |
| Net Margin % | -29.3% | -0.2% | -1.4% | 5.4% | 3.3% | 6.0% | 5.4% | 5.9% | 8.6% | 7.6% | 6.2% | 5.4% | 7.6% | 7.9% |
| Net Income Attributable | -367.0M | -7.5M | -46.9M | 102.0M | 37.2M | 62.2M | 53.7M | 51.0M | 42.9M | 38.9M | 36.2M | 32.1M | 47.9M | 49.0M |
| Minority Interest | -6.5M | 2.3M | 534,400 | 1.3M | 3.3M | 2.7M | 2.5M | 1.3M | 557,800 | -- | -- | -- | -- | -- |
| Eps Basic | -4.76 | -0.10 | -0.63 | 1.39 | 0.51 | 0.85 | 0.73 | 0.70 | 0.64 | 0.71 | 0.66 | 0.58 | 0.87 | 0.89 |
| Eps Diluted | -4.76 | -0.10 | -0.63 | 1.37 | 0.51 | 0.85 | 0.73 | 0.70 | 0.64 | 0.71 | 0.66 | 0.58 | 0.87 | 0.89 |
| 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 | 329.0M | 161.0M | 229.0M | 337.0M | 297.0M | 215.0M | 252.0M | 328.0M | 114.0M | 92.5M | 75.0M | 93.6M | 133.0M | 106.0M |
| Trading Financial Assets | 1.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 33.7M | 103.0M | 127.0M | 33.4M | 38.1M | 36.7M | 43.9M | 40.7M | 45.0M | 15.1M | 48.7M | 21.7M | 20.1M | 17.5M |
| Notes Receivable | -- | -- | -- | -- | 74.3M | 44.3M | 86.7M | 87.1M | 59.5M | 64.8M | 64.1M | 52.8M | 32.0M | 42.9M |
| Notes And Accounts Receivable | 33.7M | 103.0M | 127.0M | 33.4M | 112.0M | 81.0M | 131.0M | 128.0M | 105.0M | 79.9M | 113.0M | 74.5M | 52.0M | 60.4M |
| Prepayments | 13.3M | 22.1M | 84.4M | 101.0M | 125.0M | 47.0M | 89.6M | 84.2M | 45.6M | 65.5M | 31.6M | 54.1M | 27.3M | 24.2M |
| Inventory | 665.0M | 499.0M | 646.0M | 519.0M | 378.0M | 303.0M | 256.0M | 158.0M | 159.0M | 127.0M | 139.0M | 117.0M | 111.0M | 87.2M |
| Total Current Assets | 1.5B | 1.0B | 1.3B | 1.1B | 954.0M | 687.0M | 757.0M | 714.0M | 431.0M | 372.0M | 361.0M | 339.0M | 323.0M | 279.0M |
| Fixed Assets | -- | 1.0B | 985.0M | 522.0M | 542.0M | 362.0M | 292.0M | 292.0M | 262.0M | 170.0M | 105.0M | 82.8M | 73.9M | 66.8M |
| Fixed Assets Total | 2.8B | 1.0B | 985.0M | 522.0M | 542.0M | 362.0M | 292.0M | 292.0M | 262.0M | 170.0M | 105.0M | 82.8M | 73.9M | 66.8M |
| Construction In Progress | -- | 843.0M | -- | 567.0M | 232.0M | 279.0M | 187.0M | 106.0M | 79.8M | 156.0M | 173.0M | 61.6M | 7.7M | 4.4M |
| Construction In Progress Total | 1.3B | 843.0M | 442.0M | 569.0M | 232.0M | 279.0M | 187.0M | 106.0M | 79.8M | 156.0M | 173.0M | 61.6M | 7.7M | 4.4M |
| Intangible Assets | 213.0M | 220.0M | 115.0M | 112.0M | 118.0M | 123.0M | 115.0M | 128.0M | 48.6M | 49.9M | 51.3M | 49.0M | 30.9M | 31.7M |
| Long Term Deferred Expenses | 11.6M | 13.4M | 7.5M | 3.6M | 3.6M | 1.0M | 1.6M | 1.5M | 133,100 | 363,300 | 388,400 | -- | -- | -- |
| Total Non Current Assets | 4.5B | 2.5B | 1.7B | 1.4B | 1.1B | 876.0M | 686.0M | 617.0M | 570.0M | 393.0M | 346.0M | 204.0M | 115.0M | 105.0M |
| Total Assets | 6.0B | 3.5B | 3.0B | 2.5B | 2.0B | 1.6B | 1.4B | 1.3B | 1.0B | 764.0M | 707.0M | 543.0M | 438.0M | 384.0M |
| Short Term Borrowings | 1.5B | 1.3B | 1.1B | 653.0M | 655.0M | 318.0M | 313.0M | 256.0M | 300.0M | 223.0M | 177.0M | 161.0M | 86.9M | 81.7M |
| Accounts Payable | 853.0M | 216.0M | 183.0M | 97.9M | 65.2M | 67.4M | 43.5M | 13.2M | 13.4M | 7.9M | 20.3M | 24.2M | 17.0M | 9.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 5.2M | 5.7M | 3.7M | 2.5M | 2.5M | 4.4M | 2.3M | 4.1M | 14.6M |
| Contract Liabilities | 68.9M | 4.0M | 17.7M | 5.4M | 5.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.9B | 1.8B | 1.5B | 959.0M | 761.0M | 489.0M | 405.0M | 343.0M | 338.0M | 254.0M | 226.0M | 210.0M | 122.0M | 130.0M |
| Long Term Borrowings | 1.6B | 179.0M | 191.0M | 244.0M | 214.0M | 75.0M | 80.0M | 80.0M | -- | -- | -- | -- | 14.8M | -- |
| Total Non Current Liabilities | 1.8B | 322.0M | 377.0M | 567.0M | 409.0M | 260.0M | 260.0M | 246.0M | 12.9M | 102.0M | 112.0M | 207,000 | 15.0M | 197,600 |
| Total Liabilities | 4.7B | 2.2B | 1.9B | 1.5B | 1.2B | 750.0M | 665.0M | 589.0M | 351.0M | 356.0M | 338.0M | 210.0M | 137.0M | 130.0M |
| Paid In Capital | 76.8M | 77.2M | 77.4M | 73.4M | 73.4M | 73.4M | 73.4M | 73.3M | 73.3M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M |
| Capital Reserve | 434.0M | 472.0M | 480.0M | 257.0M | 255.0M | 227.0M | 243.0M | 251.0M | 242.0M | 77.3M | 77.3M | 77.3M | 77.3M | 77.3M |
| Surplus Reserve | 41.3M | 41.3M | 41.3M | 41.3M | 41.3M | 41.3M | 41.3M | 38.9M | 34.1M | 29.1M | 25.0M | 21.0M | 17.7M | 12.9M |
| Retained Earnings | 64.4M | 431.0M | 439.0M | 506.0M | 415.0M | 397.0M | 351.0M | 316.0M | 285.0M | 247.0M | 212.0M | 180.0M | 151.0M | 108.0M |
| Minority Equity | 659.0M | 335.0M | 33.6M | 33.1M | 37.3M | 34.0M | 27.8M | 22.1M | 15.4M | -- | -- | -- | -- | -- |
| Equity Attributable | 614.0M | 1.0B | 1.0B | 904.0M | 827.0M | 780.0M | 750.0M | 720.0M | 634.0M | 408.0M | 369.0M | 333.0M | 301.0M | 253.0M |
| Total Equity | 1.3B | 1.4B | 1.1B | 937.0M | 865.0M | 814.0M | 777.0M | 742.0M | 649.0M | 408.0M | 369.0M | 333.0M | 301.0M | 253.0M |
| 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 | 1.3B | 3.0B | 3.4B | 1.9B | 1.1B | 934.0M | 947.0M | 772.0M | 428.0M | 469.0M | 419.0M | 500.0M | 579.0M | 572.0M |
| Tax Refunds Received | 88.4M | 257.0M | 257.0M | 86.1M | 52.9M | 51.8M | 59.8M | 32.7M | 4.2M | 5.6M | 5.0M | 434,500 | 538,200 | 276,600 |
| Total Operating Cash Inflow | 1.5B | 3.3B | 3.6B | 2.0B | 1.3B | 990.0M | 1.0B | 845.0M | 440.0M | 485.0M | 442.0M | 501.0M | 581.0M | 578.0M |
| Cash Paid For Goods | 1.4B | 2.8B | 3.6B | 1.8B | 1.1B | 697.0M | 902.0M | 525.0M | 324.0M | 365.0M | 398.0M | 436.0M | 471.0M | 470.0M |
| Cash Paid To Employees | 125.0M | 100.0M | 85.5M | 62.0M | 53.8M | 47.5M | 36.9M | 28.8M | 19.5M | 18.6M | 15.5M | 11.4M | 10.2M | 8.6M |
| Taxes Paid | 36.2M | 83.4M | 154.0M | 75.3M | 36.1M | 60.0M | 82.9M | 58.5M | 22.7M | 31.5M | 13.3M | 18.3M | 37.5M | 23.8M |
| Total Operating Cash Outflow | 1.6B | 3.0B | 3.9B | 2.0B | 1.3B | 857.0M | 1.1B | 689.0M | 390.0M | 434.0M | 445.0M | 487.0M | 539.0M | 519.0M |
| Operating Cash Flow | -81.9M | 318.0M | -298.0M | 39.1M | -72.3M | 133.0M | -57.9M | 156.0M | 50.1M | 51.0M | -2.9M | 14.0M | 42.6M | 59.0M |
| Total Investing Cash Inflow | 13.3M | 6,800 | 156,800 | 36,400 | 272,500 | 10.8M | 769.0M | 199,500 | 8.3M | 128,500 | -- | 511,600 | -- | 5.7M |
| Total Investing Cash Outflow | 1.7B | 849.0M | 302.0M | 257.0M | 215.0M | 169.0M | 840.0M | 82.6M | 181.0M | 49.1M | 105.0M | 103.0M | 34.1M | 10.3M |
| Investing Cash Flow | -1.7B | -849.0M | -302.0M | -257.0M | -215.0M | -159.0M | -70.9M | -82.4M | -173.0M | -48.9M | -105.0M | -103.0M | -34.1M | -4.6M |
| Cash From Borrowings | 3.6B | 2.0B | 1.5B | 1.1B | 977.0M | 508.0M | 400.0M | 534.0M | 343.0M | 361.0M | 288.0M | 233.0M | 170.0M | 129.0M |
| Dividends And Interest Paid | 124.0M | 92.0M | 85.1M | 63.9M | 45.0M | 37.5M | 32.1M | 34.7M | 16.8M | 18.5M | 17.1M | 8.3M | 6.0M | 7.3M |
| Debt Repayments | 2.1B | 1.7B | 1.0B | 812.0M | 534.0M | 499.0M | 329.0M | 530.0M | 349.0M | 315.0M | 286.0M | 167.0M | 150.0M | 153.0M |
| Total Financing Cash Inflow | 4.6B | 2.3B | 1.6B | 1.1B | 977.0M | 526.0M | 402.0M | 709.0M | 538.0M | 361.0M | 394.0M | 233.0M | 170.0M | 143.0M |
| Total Financing Cash Outflow | 2.7B | 1.8B | 1.1B | 908.0M | 582.0M | 552.0M | 361.0M | 566.0M | 393.0M | 347.0M | 304.0M | 177.0M | 157.0M | 174.0M |
| Financing Cash Flow | 1.9B | 482.0M | 496.0M | 240.0M | 395.0M | -26.3M | 40.9M | 143.0M | 144.0M | 14.7M | 89.7M | 55.7M | 12.8M | -31.7M |
| Net Change In Cash | 118.0M | -53.4M | -113.0M | 23.1M | 110.0M | -51.3M | -90.8M | 214.0M | 22.0M | 17.4M | -18.5M | -33.7M | 21.2M | 22.6M |
| Ending Cash Balance | 271.0M | 153.0M | 206.0M | 319.0M | 296.0M | 186.0M | 237.0M | 328.0M | 114.0M | 92.5M | 75.0M | 93.6M | 127.0M | 106.0M |
| Capex | 1.7B | 849.0M | 302.0M | 257.0M | 215.0M | 169.0M | 75.1M | 46.5M | 21.4M | 49.1M | 105.0M | 62.0M | 28.6M | 10.3M |