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 | 285.0M | 186.0M | 237.0M | 378.0M | 293.0M | 405.0M | 447.0M | 421.0M | 420.0M | 465.0M | 475.0M | 457.0M | 446.0M | 435.0M |
| Revenue Growth % | 53.2% | -21.5% | -37.3% | 29.0% | -27.7% | -9.4% | 6.2% | 0.2% | -9.7% | -2.1% | 3.9% | 2.5% | 2.5% | -- |
| Total Revenue | 285.0M | 186.0M | 237.0M | 378.0M | 293.0M | 405.0M | 447.0M | 421.0M | 420.0M | 465.0M | 475.0M | 457.0M | 446.0M | 435.0M |
| Cost Of Revenue | 264.0M | 178.0M | 224.0M | 307.0M | 228.0M | 282.0M | 323.0M | 298.0M | 293.0M | 338.0M | 351.0M | 337.0M | 335.0M | 324.0M |
| Gross Profit | 21.0M | 8.0M | 13.0M | 71.0M | 65.0M | 123.0M | 124.0M | 123.0M | 127.0M | 127.0M | 124.0M | 120.0M | 111.0M | 111.0M |
| Gross Margin % | 7.4% | 4.3% | 5.5% | 18.8% | 22.2% | 30.4% | 27.7% | 29.2% | 30.2% | 27.3% | 26.1% | 26.3% | 24.9% | 25.5% |
| Total Operating Cost | 333.0M | 244.0M | 282.0M | 390.0M | 314.0M | 362.0M | 393.0M | 374.0M | 360.0M | 413.0M | 423.0M | 414.0M | 403.0M | 374.0M |
| Selling Expenses | 12.1M | 11.4M | 6.2M | 15.3M | 16.1M | 22.2M | 22.6M | 22.3M | 21.8M | 22.4M | 25.0M | 20.7M | 20.5M | 14.6M |
| Admin Expenses | 31.6M | 31.0M | 31.3M | 33.7M | 36.3M | 25.4M | 22.8M | 18.8M | 53.5M | 49.3M | 41.1M | 42.7M | 38.6M | 23.7M |
| Rd Expenses | 11.3M | 9.8M | 13.0M | 17.2M | 9.9M | 27.8M | 23.8M | 16.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -2.6M | -2.3M | -7.0M | 6.1M | 15.6M | -4.4M | -8.1M | 7.6M | -16.2M | -7.1M | 2.4M | 7.1M | 3.0M | 6.9M |
| Operating Income | -22.6M | -35.3M | -23.4M | 33.9M | -3.1M | 53.5M | 61.6M | 51.4M | 60.6M | 53.9M | 54.7M | 45.1M | 43.1M | 60.4M |
| Operating Margin % | -7.9% | -19.0% | -9.9% | 9.0% | -1.0% | 13.2% | 13.8% | 12.2% | 14.4% | 11.6% | 11.5% | 9.9% | 9.7% | 13.9% |
| Non Operating Income | 769,500 | 16,500 | 103,600 | 1.0M | 1,400 | 100.00 | 80,300 | 1,900 | 9.0M | 11.5M | 4.2M | 11.5M | 10.7M | 4.6M |
| Non Operating Expenses | 2.1M | 1.1M | 1.3M | 1.7M | 648,100 | 4.9M | 13.0M | 2.0M | 400,400 | 1.7M | 140,000 | 498,700 | 331,000 | 919,000 |
| Investment Income | 15.3M | 12.3M | 12.4M | 30.7M | 2.1M | 4.8M | 853,600 | -216,100 | -- | 1.6M | 1.5M | -- | 56,700 | -450,300 |
| Fair Value Change Income | -1.4M | 2.3M | 2.0M | 4.9M | 3.7M | -- | -- | -- | -- | -- | 1.5M | 2.0M | -- | -- |
| Asset Disposal Income | 11,300 | 19,800 | -47,900 | 101,500 | -- | -- | 56,400 | 52,200 | 23,200 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 7.7M | 10.7M | 9.7M | 2.1M | 2.4M | 2.1M | 1.7M | 2.7M | 1.3M | 5.9M | -780,500 | 1.7M | 537,600 | -144,400 |
| Other Income | 11.5M | 8.4M | 7.1M | 10.0M | 12.4M | 6.1M | 6.2M | 4.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -23.9M | -36.4M | -24.6M | 33.2M | -3.7M | 48.7M | 48.6M | 49.4M | 69.2M | 63.6M | 58.7M | 56.2M | 53.4M | 64.1M |
| Income Tax | 585,200 | 992,600 | 1.5M | 950,500 | 1.2M | 4.6M | 5.8M | 7.6M | 9.3M | 9.0M | 8.6M | 8.2M | 8.8M | 10.8M |
| Net Income | -24.5M | -37.4M | -26.1M | 32.2M | -4.9M | 44.1M | 42.8M | 41.8M | 59.9M | 54.7M | 50.1M | 48.0M | 44.7M | 53.3M |
| Net Margin % | -8.6% | -20.1% | -11.0% | 8.5% | -1.7% | 10.9% | 9.6% | 9.9% | 14.3% | 11.8% | 10.6% | 10.5% | 10.0% | 12.2% |
| Net Income Attributable | -23.5M | -37.4M | -26.1M | 32.2M | -4.9M | 43.6M | 42.8M | 41.8M | 59.8M | 54.7M | 49.8M | 47.6M | 44.3M | 52.9M |
| Minority Interest | -1.0M | -- | -- | -- | -2,500 | 534,600 | -11,300 | 45,900 | 40,800 | -- | 311,700 | 340,000 | 340,000 | 340,000 |
| Eps Basic | -0.07 | -0.12 | -0.08 | 0.10 | -0.02 | 0.16 | 0.16 | 0.16 | 0.22 | 0.24 | 0.50 | 0.48 | 0.44 | 0.60 |
| Eps Diluted | -0.07 | -0.12 | -0.08 | 0.10 | -0.02 | 0.16 | 0.16 | 0.16 | 0.22 | 0.24 | 0.50 | 0.48 | 0.44 | 0.60 |
| 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 | 23.3M | 3.1M | 43.9M | 42.3M | 98.2M | 163.0M | 108.0M | 165.0M | 283.0M | 282.0M | 79.8M | 53.8M | 45.3M | 40.0M |
| Trading Financial Assets | 388.0M | 492.0M | 463.0M | 470.0M | 334.0M | -- | -- | -- | -- | -- | -- | 2.0M | -- | -- |
| Accounts Receivable | 115.0M | 73.3M | 76.5M | 84.6M | 87.8M | 108.0M | 86.4M | 136.0M | 127.0M | 138.0M | 54.6M | 79.3M | 60.8M | 58.2M |
| Notes And Accounts Receivable | 115.0M | 73.3M | 76.5M | 84.6M | 87.8M | 108.0M | 86.4M | 136.0M | 127.0M | 138.0M | 54.6M | 79.3M | 60.8M | 58.2M |
| Prepayments | 17.2M | 1.6M | 576,300 | 6.9M | 2.8M | 3.7M | 16.1M | 6.0M | 9.5M | 5.4M | 6.1M | 6.4M | 12.3M | 28.3M |
| Inventory | 144.0M | 116.0M | 125.0M | 132.0M | 136.0M | 125.0M | 119.0M | 92.2M | 102.0M | 107.0M | 106.0M | 79.0M | 83.0M | 82.8M |
| Total Current Assets | 695.0M | 692.0M | 713.0M | 739.0M | 666.0M | 412.0M | 340.0M | 436.0M | 532.0M | 537.0M | 255.0M | 232.0M | 208.0M | 213.0M |
| Long Term Equity Investment | 2.0M | 2.0M | 1.2M | 3.6M | 58.2M | 68.7M | 66.6M | 65.8M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 255.0M | 283.0M | 300.0M | 308.0M | 319.0M | 193.0M | 82.5M | 92.2M | 95.7M | 106.0M | 110.0M | 118.0M | 80.9M |
| Fixed Assets Total | 233.0M | 255.0M | 283.0M | 300.0M | 308.0M | 319.0M | 193.0M | 82.5M | 92.2M | 95.7M | 106.0M | 110.0M | 118.0M | 80.9M |
| Construction In Progress | -- | -- | -- | 2.9M | 26.8M | 808,900 | 116.0M | 108.0M | 20.6M | 4.1M | 400,000 | -- | -- | 627,400 |
| Construction In Progress Total | 1.2M | -- | -- | 2.9M | 26.8M | 808,900 | 116.0M | 108.0M | 20.6M | 4.1M | 400,000 | -- | -- | 627,400 |
| Intangible Assets | 89.9M | 91.7M | 93.4M | 89.3M | 307.0M | 73.0M | 74.6M | 76.2M | 128.0M | 79.9M | 82.0M | 73.6M | 74.6M | 9.4M |
| Long Term Deferred Expenses | 2.2M | 6.9M | 12.3M | 15.8M | 26.0M | 21.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 352.0M | 365.0M | 401.0M | 425.0M | 748.0M | 497.0M | 496.0M | 354.0M | 253.0M | 191.0M | 195.0M | 188.0M | 196.0M | 91.8M |
| Total Assets | 1.0B | 1.1B | 1.1B | 1.2B | 1.4B | 909.0M | 836.0M | 790.0M | 785.0M | 728.0M | 451.0M | 419.0M | 404.0M | 304.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | -- | 10.0M | 40.0M | 80.0M | 32.2M |
| Accounts Payable | 9.5M | 4.7M | 6.9M | 8.7M | 16.1M | 22.3M | 16.2M | 12.0M | 16.9M | 19.3M | 18.7M | 8.5M | 8.2M | 16.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 9.9M | 11.4M | 2.6M | 15.7M | 8.7M | 12.1M | 11.3M | 11.0M | 44,100 |
| Contract Liabilities | 9.3M | 7.4M | 5.6M | 9.2M | 7.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 35.4M | 24.4M | 24.2M | 31.9M | 254.0M | 50.9M | 45.5M | 34.6M | 55.9M | 47.9M | 52.4M | 68.6M | 105.0M | 59.2M |
| Long Term Borrowings | -- | -- | -- | -- | 45.0M | 45.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 39.3M | 37.5M | 44.5M | 47.8M | 101.0M | 109.0M | 69.1M | 62.7M | 60.2M | 56.1M | 36.8M | 20.7M | 17.3M | 6.9M |
| Total Liabilities | 74.8M | 61.9M | 68.7M | 79.6M | 356.0M | 160.0M | 115.0M | 97.2M | 116.0M | 104.0M | 89.2M | 89.2M | 122.0M | 66.2M |
| Paid In Capital | 320.0M | 320.0M | 320.0M | 320.0M | 320.0M | 267.0M | 267.0M | 267.0M | 267.0M | 133.0M | 100.0M | 100.0M | 100.0M | 100.0M |
| Capital Reserve | 414.0M | 414.0M | 414.0M | 414.0M | 414.0M | 140.0M | 140.0M | 140.0M | 140.0M | 273.0M | 89.1M | 94.9M | 94.9M | 94.9M |
| Surplus Reserve | 39.6M | 39.6M | 39.6M | 39.6M | 38.6M | 36.9M | 33.4M | 29.7M | 26.4M | 21.3M | 16.5M | 11.9M | 7.9M | 4.2M |
| Retained Earnings | 198.0M | 221.0M | 272.0M | 310.0M | 285.0M | 305.0M | 279.0M | 253.0M | 233.0M | 196.0M | 156.0M | 121.0M | 77.0M | 36.3M |
| Minority Equity | 957,600 | -- | -- | -- | -- | 9,500 | 3.1M | 3.1M | 3.0M | -- | -- | 2.9M | 2.9M | 2.9M |
| Equity Attributable | 972.0M | 995.0M | 1.0B | 1.1B | 1.1B | 749.0M | 719.0M | 689.0M | 666.0M | 624.0M | 361.0M | 327.0M | 280.0M | 235.0M |
| Total Equity | 973.0M | 995.0M | 1.0B | 1.1B | 1.1B | 749.0M | 722.0M | 692.0M | 669.0M | 624.0M | 361.0M | 330.0M | 283.0M | 238.0M |
| 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 | 265.0M | 196.0M | 256.0M | 395.0M | 313.0M | 385.0M | 520.0M | 390.0M | 451.0M | 385.0M | 509.0M | 440.0M | 460.0M | 430.0M |
| Tax Refunds Received | 13.1M | 6.7M | 13.0M | 19.3M | 24.6M | 36.5M | 34.0M | 25.7M | 23.7M | 27.1M | 25.9M | 24.8M | 18.3M | 19.9M |
| Total Operating Cash Inflow | 282.0M | 205.0M | 273.0M | 433.0M | 354.0M | 426.0M | 572.0M | 434.0M | 494.0M | 448.0M | 558.0M | 486.0M | 534.0M | 454.0M |
| Cash Paid For Goods | 269.0M | 118.0M | 155.0M | 217.0M | 172.0M | 238.0M | 314.0M | 244.0M | 261.0M | 310.0M | 367.0M | 303.0M | 327.0M | 297.0M |
| Cash Paid To Employees | 78.1M | 69.7M | 83.6M | 105.0M | 86.6M | 87.7M | 89.3M | 81.9M | 77.3M | 70.1M | 67.2M | 64.1M | 58.6M | 59.0M |
| Taxes Paid | 9.4M | 7.2M | 6.7M | 15.5M | 12.0M | 14.8M | 22.9M | 24.1M | 28.1M | 23.5M | 24.0M | 23.1M | 25.5M | 23.6M |
| Total Operating Cash Outflow | 376.0M | 214.0M | 261.0M | 362.0M | 297.0M | 377.0M | 475.0M | 379.0M | 407.0M | 440.0M | 469.0M | 429.0M | 476.0M | 401.0M |
| Operating Cash Flow | -93.3M | -9.4M | 12.0M | 70.0M | 57.0M | 48.5M | 96.3M | 54.9M | 86.7M | 8.1M | 89.2M | 57.3M | 58.1M | 53.6M |
| Total Investing Cash Inflow | 923.0M | 1.3B | 1.2B | 865.0M | 227.0M | 32.7M | 70.8M | 56.5M | 77,800 | -2,303 | -- | 15.0M | 15.1M | 21.1M |
| Total Investing Cash Outflow | 509.0M | 1.2B | 1.3B | 992.0M | 823.0M | 54.6M | 141.0M | 268.0M | 85.1M | 8.2M | 25.5M | 21.5M | 113.0M | 67.0M |
| Investing Cash Flow | 414.0M | 54.8M | -10.5M | -127.0M | -596.0M | -21.9M | -70.1M | -212.0M | -85.1M | -8.2M | -25.5M | -6.5M | -97.9M | -45.9M |
| Cash From Borrowings | -- | -- | -- | -- | 202.0M | 75.0M | -- | 40.0M | 10.0M | -- | 50.0M | 90.0M | 128.0M | 57.7M |
| Dividends And Interest Paid | -- | 12.8M | 12.8M | 10.6M | 18.9M | 14.8M | 13.3M | 19.2M | 16.4M | 10.3M | 9.2M | 3.4M | 2.3M | 3.1M |
| Debt Repayments | -- | -- | -- | -- | -- | 30.0M | -- | 50.0M | -- | 10.0M | 80.0M | 130.0M | 80.2M | 53.5M |
| Total Financing Cash Inflow | 2.0M | -- | -- | -- | 532.0M | 75.0M | -- | 40.0M | 13.0M | 227.0M | 50.0M | 90.0M | 131.0M | 125.0M |
| Total Financing Cash Outflow | 1.6M | 12.8M | 12.8M | 10.6M | 18.9M | 47.8M | 13.3M | 69.2M | 16.5M | 27.7M | 89.2M | 133.0M | 85.5M | 99.8M |
| Financing Cash Flow | 400,000 | -12.8M | -12.8M | -10.6M | 513.0M | 27.2M | -13.3M | -29.2M | -3.5M | 199.0M | -39.2M | -43.4M | 45.5M | 25.2M |
| Net Change In Cash | 322.0M | 33.5M | -10.6M | -68.7M | -30.9M | 55.1M | 13.4M | -188.0M | 210,100 | 203.0M | 25.9M | 8.6M | 5.3M | 32.2M |
| Ending Cash Balance | 409.0M | 86.4M | 52.9M | 63.5M | 132.0M | 163.0M | 108.0M | 94.6M | 283.0M | 282.0M | 79.8M | 53.8M | 45.3M | 40.0M |
| Capex | 6.4M | 5.1M | 22.3M | 51.8M | 311.0M | 54.6M | 141.0M | 103.0M | 85.1M | 8.2M | 16.8M | 6.2M | 97.9M | 32.3M |