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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.6B | 1.4B | 1.4B | 1.5B | 1.6B | 1.8B | 1.7B | 1.4B |
| Revenue Growth % | -15.2% | 14.6% | 3.6% | -7.2% | -6.5% | -9.5% | 3.9% | 17.4% | -- |
| Total Revenue | 1.4B | 1.6B | 1.4B | 1.4B | 1.5B | 1.6B | 1.8B | 1.7B | 1.4B |
| Cost Of Revenue | 1.1B | 1.3B | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | 1.1B |
| Gross Profit | 258.0M | 318.0M | 279.0M | 307.0M | 342.0M | 408.0M | 446.0M | 435.0M | 341.0M |
| Gross Margin % | 18.6% | 19.4% | 19.5% | 22.3% | 23.0% | 25.7% | 25.4% | 25.7% | 23.7% |
| Total Operating Cost | 1.4B | 1.6B | 1.4B | 1.3B | 1.4B | 1.5B | 1.6B | 1.5B | 1.3B |
| Selling Expenses | 28.7M | 27.7M | 23.5M | 25.2M | 30.6M | 73.2M | 71.9M | 66.3M | 50.5M |
| Admin Expenses | 113.0M | 111.0M | 109.0M | 104.0M | 102.0M | 101.0M | 123.0M | 89.6M | 75.8M |
| Rd Expenses | 85.2M | 80.6M | 83.4M | 65.0M | 55.0M | 70.3M | 63.3M | 49.4M | 41.8M |
| Finance Expenses | 12.7M | -476,400 | -5.5M | -2.4M | 9.2M | 13.9M | 14.8M | 13.7M | 12.0M |
| Operating Income | -40.3M | 61.3M | 34.5M | 106.0M | 127.0M | 134.0M | 147.0M | 199.0M | 143.0M |
| Operating Margin % | -2.9% | 3.7% | 2.4% | 7.7% | 8.5% | 8.4% | 8.4% | 11.8% | 9.9% |
| Non Operating Income | 862,600 | 3.1M | 2.3M | 407,700 | 10.1M | 605,800 | 27.1M | 3.7M | 3.2M |
| Non Operating Expenses | 2.3M | 6.8M | 1.0M | 1.4M | 2.3M | 1.9M | 1.2M | 1.2M | 1.3M |
| Investment Income | 2.3M | 1.1M | 2.8M | 5.0M | -- | 19,700 | 540,800 | 196,400 | -- |
| Fair Value Change Income | -- | -46,000 | 46,000 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -179,600 | 1.2M | -137,700 | -307,800 | 30,900 | 34,400 | -40,100 | -23,400 | -54,700 |
| Asset Impairment Loss | 51.6M | 24.9M | 32.3M | 16.4M | 14.2M | 10.9M | 16.3M | 7.9M | 11.3M |
| Other Income | 13.0M | 12.7M | 10.3M | 11.6M | 9.2M | 9.7M | 3.7M | 2.3M | -- |
| Income Before Tax | -41.7M | 57.6M | 35.8M | 105.0M | 135.0M | 133.0M | 173.0M | 201.0M | 145.0M |
| Income Tax | -9.7M | 2.8M | -9.3M | 9.6M | 18.6M | 16.5M | 34.0M | 36.2M | 20.5M |
| Net Income | -32.0M | 54.8M | 45.0M | 95.1M | 117.0M | 117.0M | 139.0M | 165.0M | 124.0M |
| Net Margin % | -2.3% | 3.3% | 3.2% | 6.9% | 7.9% | 7.4% | 7.9% | 9.8% | 8.6% |
| Net Income Attributable | -32.0M | 54.8M | 45.0M | 95.8M | 118.0M | 114.0M | 139.0M | 165.0M | 125.0M |
| Minority Interest | -- | -- | -- | -731,400 | -1.2M | 2.3M | 91,600 | 309,900 | -207,000 |
| Eps Basic | -0.08 | 0.13 | 0.11 | 0.23 | 0.35 | 0.34 | 0.41 | -- | -- |
| Eps Diluted | -0.08 | 0.13 | 0.11 | 0.23 | 0.35 | 0.34 | 0.41 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 791.0M | 1.1B | 274.0M | 361.0M | 225.0M | 197.0M | 195.0M | 233.0M | 100.0M |
| Trading Financial Assets | -- | 1.6M | 14.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 459.0M | 536.0M | 347.0M | 308.0M | 335.0M | 339.0M | 352.0M | 275.0M | 304.0M |
| Notes Receivable | 95.6M | 93.0M | 185.0M | 187.0M | 263.0M | 177.0M | 156.0M | 179.0M | 91.1M |
| Notes And Accounts Receivable | 555.0M | 629.0M | 532.0M | 495.0M | 598.0M | 516.0M | 508.0M | 454.0M | 395.0M |
| Prepayments | 28.3M | 20.4M | 33.3M | 37.1M | 16.5M | 28.0M | 47.7M | 20.8M | 19.5M |
| Inventory | 225.0M | 233.0M | 348.0M | 320.0M | 263.0M | 272.0M | 331.0M | 312.0M | 299.0M |
| Total Current Assets | 1.6B | 2.0B | 1.2B | 1.2B | 1.1B | 1.0B | 1.1B | 1.0B | 931.0M |
| Fixed Assets | -- | 671.0M | 624.0M | 513.0M | 553.0M | 538.0M | 511.0M | 495.0M | -- |
| Fixed Assets Total | 632.0M | 671.0M | 624.0M | 513.0M | 553.0M | 538.0M | 511.0M | 495.0M | 397.0M |
| Construction In Progress | -- | 39.2M | 61.0M | 65.0M | 15.4M | 41.5M | 55.4M | 37.0M | -- |
| Construction In Progress Total | 188.0M | 39.2M | 61.0M | 65.0M | 15.4M | 41.5M | 55.4M | 37.0M | 37.7M |
| Intangible Assets | 192.0M | 166.0M | 153.0M | 158.0M | 147.0M | 149.0M | 155.0M | 159.0M | 98.0M |
| Long Term Deferred Expenses | 93.5M | 104.0M | 70.3M | 60.0M | 56.8M | 52.3M | 34.9M | 32.8M | 24.2M |
| Total Non Current Assets | 1.2B | 1.1B | 998.0M | 872.0M | 808.0M | 824.0M | 800.0M | 776.0M | 598.0M |
| Total Assets | 2.8B | 3.0B | 2.2B | 2.1B | 1.9B | 1.8B | 1.9B | 1.8B | 1.5B |
| Short Term Borrowings | 6.6M | 100.0M | 59.0M | -- | 221.0M | 305.0M | 346.0M | 110.0M | 205.0M |
| Accounts Payable | 406.0M | 404.0M | 367.0M | 338.0M | 425.0M | 362.0M | 425.0M | 541.0M | 518.0M |
| Advance Receipts | 1.1M | 1.1M | 969,600 | 2.0M | -- | 6.0M | 26.2M | 4.0M | 2.5M |
| Contract Liabilities | 2.4M | 5.6M | 4.8M | 6.7M | 11.5M | -- | -- | -- | -- |
| Total Current Liabilities | 724.0M | 883.0M | 709.0M | 602.0M | 900.0M | 947.0M | 1.1B | 1.0B | 995.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | 57.2M | 57.2M |
| Total Non Current Liabilities | 602.0M | 566.0M | 31.1M | 39.5M | 35.6M | 31.2M | 23.0M | 90.9M | 82.8M |
| Total Liabilities | 1.3B | 1.4B | 740.0M | 642.0M | 935.0M | 978.0M | 1.1B | 1.1B | 1.1B |
| Paid In Capital | 426.0M | 426.0M | 425.0M | 420.0M | 340.0M | 340.0M | 340.0M | 240.0M | 82.9M |
| Capital Reserve | 670.0M | 663.0M | 650.0M | 623.0M | 291.0M | 291.0M | 291.0M | 38.7M | 31.8M |
| Surplus Reserve | 46.4M | 42.7M | 38.2M | 25.2M | 21.9M | 12.9M | 12.3M | 46.7M | 33.4M |
| Retained Earnings | 370.0M | 422.0M | 386.0M | 383.0M | 326.0M | 218.0M | 104.0M | 356.0M | 304.0M |
| Minority Equity | -- | -- | -- | 788,300 | 1.6M | 2.8M | 502,900 | 408,400 | 85,800 |
| Equity Attributable | 1.5B | 1.6B | 1.5B | 1.5B | 980.0M | 862.0M | 747.0M | 681.0M | 452.0M |
| Total Equity | 1.5B | 1.6B | 1.5B | 1.5B | 981.0M | 864.0M | 748.0M | 681.0M | 452.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.6B | 1.7B | 1.5B | 1.5B | 1.5B | 1.7B | 1.7B | 1.4B | 1.1B |
| Tax Refunds Received | 2.1M | 11.9M | 3.9M | 1.5M | -- | 856,400 | 1.8M | 58,900 | 38,000 |
| Total Operating Cash Inflow | 1.6B | 1.8B | 1.5B | 1.5B | 1.5B | 1.7B | 1.7B | 1.4B | 1.1B |
| Cash Paid For Goods | 1.1B | 1.0B | 1.0B | 1.0B | 940.0M | 1.1B | 1.2B | 758.0M | 673.0M |
| Cash Paid To Employees | 198.0M | 192.0M | 218.0M | 214.0M | 198.0M | 211.0M | 216.0M | 172.0M | 144.0M |
| Taxes Paid | 62.1M | 68.5M | 59.1M | 70.6M | 82.0M | 105.0M | 120.0M | 107.0M | 60.9M |
| Total Operating Cash Outflow | 1.5B | 1.4B | 1.4B | 1.4B | 1.3B | 1.5B | 1.7B | 1.2B | 980.0M |
| Operating Cash Flow | 147.0M | 375.0M | 129.0M | 145.0M | 235.0M | 152.0M | 60.7M | 228.0M | 158.0M |
| Total Investing Cash Inflow | 614.0M | 408.0M | 983.0M | 716.0M | 237,400 | 957,300 | 346.0M | 432.0M | 128.0M |
| Total Investing Cash Outflow | 823.0M | 659.0M | 1.2B | 871.0M | 105.0M | 82.6M | 480.0M | 523.0M | 264.0M |
| Investing Cash Flow | -210.0M | -251.0M | -233.0M | -155.0M | -105.0M | -81.7M | -134.0M | -90.8M | -136.0M |
| Cash From Borrowings | 143.0M | 101.0M | 135.0M | 30.1M | 281.0M | 404.0M | 474.0M | 172.0M | 323.0M |
| Dividends And Interest Paid | 20.5M | 14.6M | 30.7M | 37.0M | 11.5M | 16.1M | 204.0M | 81.2M | 14.6M |
| Debt Repayments | 236.0M | 59.4M | 76.0M | 251.0M | 364.0M | 446.0M | 296.0M | 266.0M | 299.0M |
| Total Financing Cash Inflow | 145.0M | 678.0M | 158.0M | 467.0M | 281.0M | 404.0M | 555.0M | 452.0M | 435.0M |
| Total Financing Cash Outflow | 316.0M | 85.8M | 113.0M | 312.0M | 378.0M | 478.0M | 527.0M | 438.0M | 424.0M |
| Financing Cash Flow | -171.0M | 592.0M | 44.7M | 154.0M | -97.1M | -73.6M | 28.3M | 14.0M | 10.8M |
| Net Change In Cash | -234.0M | 716.0M | -58.9M | 144.0M | 33.5M | -2.9M | -44.6M | 151.0M | 32.8M |
| Ending Cash Balance | 752.0M | 986.0M | 270.0M | 329.0M | 185.0M | 152.0M | 155.0M | 199.0M | 48.2M |
| Capex | 267.0M | 223.0M | 222.0M | 161.0M | 105.0M | 82.6M | 81.5M | 201.0M | 158.0M |