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 |
|---|---|---|---|---|---|
| Revenue | 1.2B | 1.4B | 1.2B | 712.0M | 882.0M |
| Revenue Growth % | -11.7% | 14.9% | 65.7% | -19.3% | -- |
| Total Revenue | 1.2B | 1.4B | 1.2B | 712.0M | 882.0M |
| Cost Of Revenue | 866.0M | 995.0M | 910.0M | 511.0M | 582.0M |
| Gross Profit | 332.0M | 361.0M | 270.0M | 201.0M | 300.0M |
| Gross Margin % | 27.7% | 26.6% | 22.9% | 28.2% | 34.0% |
| Total Operating Cost | 1.3B | 1.2B | 1.1B | 659.0M | 764.0M |
| Selling Expenses | 15.4M | 13.8M | 9.6M | 9.9M | 9.8M |
| Admin Expenses | 170.0M | 137.0M | 117.0M | 110.0M | 120.0M |
| Rd Expenses | 117.0M | 81.7M | 44.9M | 37.3M | 38.4M |
| Finance Expenses | -6.0M | -7.9M | -14.3M | -20.1M | -1.2M |
| Operating Income | -102.0M | 137.0M | 121.0M | 78.9M | 134.0M |
| Operating Margin % | -8.5% | 10.1% | 10.3% | 11.1% | 15.2% |
| Non Operating Income | 526,100 | 3.2M | 22,800 | 2.0M | 2.3M |
| Non Operating Expenses | 17.0M | 5.5M | 5.5M | 3.8M | 5.9M |
| Investment Income | 3.9M | 7.0M | 7.9M | 7.4M | -- |
| Asset Disposal Income | -3.1M | -2.3M | -1.1M | -614,100 | 922,400 |
| Asset Impairment Loss | 144.0M | 8.5M | -468,100 | 6.7M | 2.4M |
| Other Income | 18.2M | 17.1M | 11.1M | 19.2M | 15.2M |
| Income Before Tax | -118.0M | 135.0M | 115.0M | 77.1M | 130.0M |
| Income Tax | -17.5M | 13.4M | 10.7M | 8.6M | 15.7M |
| Net Income | -101.0M | 121.0M | 104.0M | 68.5M | 114.0M |
| Net Margin % | -8.4% | 8.9% | 8.8% | 9.6% | 12.9% |
| Net Income Attributable | -101.0M | 121.0M | 104.0M | 68.5M | 114.0M |
| Minority Interest | -39,400 | -- | -- | -- | -- |
| Eps Basic | -0.90 | 1.07 | 0.92 | 0.60 | 1.31 |
| Eps Diluted | -0.69 | 0.97 | 0.92 | 0.60 | 1.31 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 513.0M | 711.0M | 502.0M | 556.0M | 989.0M |
| Trading Financial Assets | 50.0M | -- | 30.0M | 50.0M | -- |
| Accounts Receivable | 155.0M | 141.0M | 98.5M | 78.3M | 97.8M |
| Notes Receivable | 500,000 | -- | 214,500 | -- | 230,000 |
| Notes And Accounts Receivable | 155.0M | 141.0M | 98.7M | 78.3M | 98.0M |
| Prepayments | 4.1M | 5.6M | 7.6M | 2.9M | 1.0M |
| Inventory | 721.0M | 621.0M | 483.0M | 419.0M | 268.0M |
| Total Current Assets | 1.5B | 1.7B | 1.2B | 1.2B | 1.4B |
| Fixed Assets | -- | 1.0B | 839.0M | 717.0M | 494.0M |
| Fixed Assets Total | 1.1B | 1.0B | 839.0M | 717.0M | 494.0M |
| Construction In Progress | -- | 295.0M | 156.0M | 113.0M | 137.0M |
| Construction In Progress Total | 600.0M | 297.0M | 157.0M | 115.0M | 139.0M |
| Intangible Assets | 60.1M | 61.9M | 63.0M | 45.2M | 46.6M |
| Long Term Deferred Expenses | 11.9M | 10.4M | 4.3M | 3.9M | 1.5M |
| Total Non Current Assets | 2.0B | 1.6B | 1.3B | 1.1B | 697.0M |
| Total Assets | 3.6B | 3.3B | 2.5B | 2.3B | 2.1B |
| Short Term Borrowings | 98.9M | 120.0M | 95.0M | -- | 10.0M |
| Accounts Payable | 388.0M | 281.0M | 277.0M | 187.0M | 199.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 10.4M | 3.2M | 8.4M | 9.4M | 5.9M |
| Total Current Liabilities | 914.0M | 698.0M | 570.0M | 449.0M | 314.0M |
| Long Term Borrowings | 95.4M | -- | 15.0M | -- | -- |
| Total Non Current Liabilities | 768.0M | 630.0M | 62.3M | 43.7M | 38.0M |
| Total Liabilities | 1.7B | 1.3B | 632.0M | 493.0M | 352.0M |
| Paid In Capital | 115.0M | 114.0M | 114.0M | 114.0M | 114.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Surplus Reserve | 43.0M | 43.0M | 38.2M | 29.3M | 21.7M |
| Retained Earnings | 506.0M | 643.0M | 560.0M | 487.0M | 466.0M |
| Minority Equity | 120,600 | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 2.0B | 1.8B | 1.8B | 1.7B |
| Total Equity | 1.9B | 2.0B | 1.8B | 1.8B | 1.7B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 666.0M | 685.0M | 763.0M | 460.0M | 562.0M |
| Tax Refunds Received | 38.4M | 21.7M | 31.5M | 36.4M | 14.5M |
| Total Operating Cash Inflow | 780.0M | 745.0M | 817.0M | 540.0M | 616.0M |
| Cash Paid For Goods | 574.0M | 515.0M | 673.0M | 350.0M | 233.0M |
| Cash Paid To Employees | 227.0M | 196.0M | 155.0M | 138.0M | 126.0M |
| Taxes Paid | 35.3M | 41.1M | 19.0M | 28.7M | 56.4M |
| Total Operating Cash Outflow | 936.0M | 829.0M | 887.0M | 563.0M | 469.0M |
| Operating Cash Flow | -157.0M | -84.1M | -70.4M | -23.6M | 147.0M |
| Total Investing Cash Inflow | 1.0B | 158.0M | 199.0M | 354.0M | 10.5M |
| Total Investing Cash Outflow | 1.1B | 493.0M | 263.0M | 688.0M | 61.1M |
| Investing Cash Flow | -90.2M | -335.0M | -64.0M | -334.0M | -50.6M |
| Cash From Borrowings | 204.0M | 173.0M | 27.0M | 2.0M | 41.5M |
| Dividends And Interest Paid | 41.6M | 36.3M | 23.4M | 39.0M | 18.4M |
| Debt Repayments | 170.0M | 130.0M | 2.0M | 12.0M | 51.5M |
| Total Financing Cash Inflow | 323.0M | 906.0M | 121.0M | 7.8M | 867.0M |
| Total Financing Cash Outflow | 292.0M | 289.0M | 32.4M | 62.0M | 122.0M |
| Financing Cash Flow | 31.5M | 617.0M | 88.5M | -54.1M | 744.0M |
| Net Change In Cash | -213.0M | 199.0M | -45.6M | -412.0M | 840.0M |
| Ending Cash Balance | 488.0M | 701.0M | 502.0M | 547.0M | 959.0M |
| Capex | 212.0M | 227.0M | 87.8M | 122.0M | 61.1M |