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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 722.0M | 628.0M | 514.0M | 1.2B | 1.4B | 1.5B | 1.4B | 1.3B | 982.0M | 525.0M | 609.0M | 824.0M | 765.0M |
| Revenue Growth % | 15.0% | 22.2% | -58.0% | -14.1% | -4.3% | 2.9% | 14.2% | 29.0% | 87.0% | -13.8% | -26.1% | 7.7% | -- |
| Total Revenue | 722.0M | 628.0M | 514.0M | 1.2B | 1.4B | 1.5B | 1.4B | 1.3B | 982.0M | 525.0M | 609.0M | 824.0M | 765.0M |
| Cost Of Revenue | 637.0M | 548.0M | 422.0M | 941.0M | 1.1B | 1.2B | 1.2B | 1.0B | 787.0M | 402.0M | 471.0M | 635.0M | 628.0M |
| Gross Profit | 85.0M | 80.0M | 92.0M | 283.0M | 299.0M | 289.0M | 292.0M | 253.0M | 195.0M | 123.0M | 138.0M | 189.0M | 137.0M |
| Gross Margin % | 11.8% | 12.7% | 17.9% | 23.1% | 21.0% | 19.4% | 20.2% | 20.0% | 19.9% | 23.4% | 22.7% | 22.9% | 17.9% |
| Total Operating Cost | 897.0M | 812.0M | 835.0M | 1.2B | 1.3B | 1.3B | 1.3B | 1.2B | 908.0M | 506.0M | 550.0M | 744.0M | 727.0M |
| Selling Expenses | 15.2M | 19.9M | 19.9M | 19.7M | 10.4M | 12.4M | 11.1M | 9.5M | 7.4M | 7.7M | 6.1M | 5.0M | 2.9M |
| Admin Expenses | 94.9M | 99.2M | 88.5M | 78.6M | 72.3M | 66.1M | 58.3M | 65.1M | 54.3M | 78.2M | 70.3M | 67.4M | 53.4M |
| Rd Expenses | 10.5M | 22.3M | 28.4M | 33.7M | 44.0M | 48.6M | 46.8M | 42.8M | 30.3M | -- | -- | -- | -- |
| Finance Expenses | -2.6M | -7.2M | -30.7M | -24.8M | 15.6M | 14.1M | 23.0M | 13.2M | 3.2M | -3.4M | -4.9M | 7.0M | 7.8M |
| Operating Income | -173.0M | -180.0M | -309.0M | 69.9M | 124.0M | 154.0M | 128.0M | 118.0M | 73.7M | 18.9M | 58.8M | 80.1M | 38.3M |
| Operating Margin % | -24.0% | -28.7% | -60.1% | 5.7% | 8.7% | 10.3% | 8.8% | 9.3% | 7.5% | 3.6% | 9.7% | 9.7% | 5.0% |
| Non Operating Income | 147,100 | 27,200 | 4.9M | 374,000 | 1.2M | 8.1M | 428,100 | 1.7M | 3.1M | 4.6M | 3.3M | 6.6M | 4.3M |
| Non Operating Expenses | 304,100 | 2.1M | 1.9M | 1.7M | 77,300 | 328,500 | 172,600 | 2.6M | 150,200 | 56,100 | 140,600 | 20,300 | 46,700 |
| Investment Income | 424,300 | 522,200 | 2.7M | 2.3M | 1.8M | -- | -- | -22,100 | -94,400 | -103,500 | -- | 158,400 | -- |
| Fair Value Change Income | -- | -- | 258,900 | 241,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 5,400 | 2.0M | 521,400 | -1,600 | 9,000 | 59,100 | 8,000 | -4,900 | 8,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 24.9M | 8.4M | -6.5M | 16.3M | 6.6M | -- | 24.1M | 4.3M | 17.5M | 9.2M | -8.1M | 8.6M | 10.3M |
| Other Income | 1.7M | 1.9M | 7.7M | 1.2M | 2.5M | 1.2M | 1.7M | 1.9M | -- | -- | -- | -- | -- |
| Income Before Tax | -173.0M | -182.0M | -306.0M | 68.6M | 125.0M | 162.0M | 128.0M | 117.0M | 76.6M | 23.5M | 61.9M | 86.7M | 42.5M |
| Income Tax | 18.7M | -23.7M | -44.8M | 5.7M | 14.6M | 20.5M | 17.2M | 17.7M | 10.8M | 2.9M | 10.3M | 9.1M | 11.6M |
| Net Income | -192.0M | -158.0M | -261.0M | 62.9M | 110.0M | 141.0M | 111.0M | 99.0M | 65.8M | 20.6M | 51.6M | 77.6M | 30.9M |
| Net Margin % | -26.6% | -25.2% | -50.8% | 5.1% | 7.7% | 9.5% | 7.7% | 7.8% | 6.7% | 3.9% | 8.5% | 9.4% | 4.0% |
| Net Income Attributable | -190.0M | -157.0M | -262.0M | 61.7M | 110.0M | 142.0M | 115.0M | 100.0M | 65.8M | 20.6M | 51.6M | 77.4M | 30.9M |
| Minority Interest | -1.4M | -844,800 | 249,300 | 1.2M | 593,400 | -71,500 | -3.2M | -1.2M | -- | -- | -- | 215,200 | 3,600 |
| Eps Basic | -1.18 | -0.97 | -1.62 | 0.40 | 0.91 | 1.17 | 0.95 | 0.83 | 0.54 | 0.17 | 0.45 | 0.80 | -- |
| Eps Diluted | -1.18 | -0.97 | -1.62 | 0.40 | 0.91 | 1.17 | 0.95 | 0.83 | 0.54 | 0.17 | 0.45 | 0.80 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 352.0M | 359.0M | 229.0M | 450.0M | 375.0M | 273.0M | 400.0M | 305.0M | 71.1M | 139.0M | 98.2M | 79.4M | 95.8M |
| Trading Financial Assets | -- | -- | 131.0M | 50.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B | 1.2B | 690.0M | 448.0M | 591.0M | 136.0M | 131.0M | 200.0M | 146.0M |
| Notes Receivable | 1.9M | 790,900 | -- | 3.7M | 57.7M | 35.5M | 28.0M | 11.1M | 6.5M | 5.2M | 3.0M | 985,400 | -- |
| Notes And Accounts Receivable | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B | 1.2B | 718.0M | 459.0M | 597.0M | 141.0M | 134.0M | 201.0M | 146.0M |
| Prepayments | 4.7M | 2.9M | 1.5M | 1.8M | 14.5M | 9.1M | 2.7M | 2.6M | 7.6M | 3.5M | 5.3M | 4.6M | 9.6M |
| Inventory | 26.4M | 28.8M | 26.4M | 25.6M | 24.8M | 726.0M | 753.0M | 708.0M | 532.0M | 733.0M | 616.0M | 564.0M | 468.0M |
| Total Current Assets | 2.0B | 2.3B | 2.5B | 2.9B | 2.5B | 2.3B | 1.9B | 1.6B | 1.3B | 1.1B | 895.0M | 900.0M | 760.0M |
| Long Term Equity Investment | 6.7M | -- | -- | -- | -- | -- | -- | -- | 22,100 | 116,500 | -- | -- | -- |
| Fixed Assets | -- | 6.4M | 7.2M | 3.1M | 2.5M | 3.0M | 3.5M | 4.5M | -- | 4.8M | 5.1M | 4.4M | 4.0M |
| Fixed Assets Total | 7.8M | 6.4M | 7.2M | 3.1M | 2.5M | 3.0M | 3.5M | 4.5M | 4.1M | 4.8M | 5.1M | 4.4M | 4.0M |
| Construction In Progress | -- | 5.2M | 864,900 | 308,400 | -- | -- | 4.0M | 3.9M | -- | -- | -- | 980,200 | 2.7M |
| Construction In Progress Total | 8.7M | 5.2M | 864,900 | 308,400 | -- | -- | 4.0M | 3.9M | -- | -- | -- | 980,200 | 2.7M |
| Intangible Assets | 825,600 | 2.3M | 3.6M | 4.9M | 303,900 | 272,300 | 388,000 | 641,000 | 879,300 | 811,100 | 587,500 | 319,100 | 218,600 |
| Long Term Deferred Expenses | 6.3M | 8.0M | 11.9M | 15.9M | 23.1M | 30.4M | 31.7M | 29.4M | 31.7M | 35.8M | 40.1M | 33.5M | 25.7M |
| Total Non Current Assets | 294.0M | 340.0M | 375.0M | 419.0M | 431.0M | 605.0M | 465.0M | 294.0M | 155.0M | 200.0M | 291.0M | 223.0M | 135.0M |
| Total Assets | 2.3B | 2.7B | 2.8B | 3.4B | 2.9B | 2.9B | 2.4B | 1.9B | 1.5B | 1.3B | 1.2B | 1.1B | 894.0M |
| Short Term Borrowings | 119.0M | 168.0M | 100.0M | 51.6M | 51.9M | 61.9M | 57.0M | 57.0M | 126.0M | 65.0M | 10.0M | 18.0M | 55.0M |
| Accounts Payable | 734.0M | 839.0M | 878.0M | 1.2B | 1.2B | 1.3B | 980.0M | 723.0M | 657.0M | 541.0M | 541.0M | 642.0M | 532.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 200,000 | 4.8M | 1.5M | 6.2M | 34.6M | 3.6M | 1.4M | 10.8M |
| Contract Liabilities | 91.6M | 82.5M | 28.7M | 7.6M | 2.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | 1.6B | 1.3B | 941.0M | 840.0M | 694.0M | 600.0M | 714.0M | 651.0M |
| Long Term Borrowings | 25.0M | 30.0M | 50.0M | 90.0M | 190.0M | 320.0M | 310.0M | 190.0M | 10.0M | 10.0M | 25.0M | 30.0M | 38.0M |
| Total Non Current Liabilities | 90.0M | 83.6M | 92.4M | 121.0M | 205.0M | 339.0M | 324.0M | 204.0M | 27.0M | 16.5M | 33.7M | 40.5M | 49.4M |
| Total Liabilities | 1.3B | 1.4B | 1.4B | 1.7B | 1.9B | 2.0B | 1.6B | 1.1B | 867.0M | 710.0M | 633.0M | 754.0M | 700.0M |
| Paid In Capital | 161.0M | 161.0M | 161.0M | 161.0M | 121.0M | 121.0M | 121.0M | 121.0M | 121.0M | 121.0M | 121.0M | 106.0M | 69.1M |
| Capital Reserve | 896.0M | 896.0M | 896.0M | 896.0M | 352.0M | 352.0M | 352.0M | 352.0M | 352.0M | 352.0M | 352.0M | 228.0M | 37.4M |
| Surplus Reserve | 64.8M | 64.8M | 64.8M | 64.8M | 62.1M | 51.2M | 36.7M | 23.8M | 13.0M | 10.1M | 7.9M | 2.3M | 8.1M |
| Retained Earnings | -87.5M | 103.0M | 260.0M | 553.0M | 510.0M | 411.0M | 284.0M | 189.0M | 99.5M | 90.9M | 72.6M | 32.6M | 78.7M |
| Minority Equity | 5.7M | 7.2M | 4.7M | 2.8M | 1.5M | 26.2M | 26.3M | 29.5M | -- | -- | -- | -- | 911,000 |
| Equity Attributable | 1.0B | 1.2B | 1.4B | 1.7B | 1.0B | 935.0M | 794.0M | 685.0M | 585.0M | 574.0M | 553.0M | 368.0M | 193.0M |
| Total Equity | 1.0B | 1.2B | 1.4B | 1.7B | 1.0B | 961.0M | 820.0M | 715.0M | 585.0M | 574.0M | 553.0M | 368.0M | 194.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 964.0M | 797.0M | 783.0M | 966.0M | 1.4B | 969.0M | 961.0M | 1.2B | 666.0M | 534.0M | 578.0M | 662.0M | 682.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- | -- | -- | -- | 149,400 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 986.0M | 805.0M | 803.0M | 989.0M | 1.5B | 1.0B | 1.1B | 1.3B | 705.0M | 537.0M | 581.0M | 668.0M | 706.0M |
| Cash Paid For Goods | 745.0M | 743.0M | 772.0M | 1.0B | 1.3B | 920.0M | 883.0M | 931.0M | 632.0M | 405.0M | 572.0M | 609.0M | 590.0M |
| Cash Paid To Employees | 85.1M | 85.4M | 71.9M | 66.5M | 55.3M | 61.6M | 51.4M | 44.5M | 39.5M | 36.4M | 27.5M | 17.6M | 10.9M |
| Taxes Paid | 31.7M | 16.6M | 24.3M | 37.7M | 41.2M | 41.6M | 38.1M | 31.4M | 31.2M | 18.1M | 28.7M | 22.9M | 35.0M |
| Total Operating Cash Outflow | 901.0M | 910.0M | 927.0M | 1.2B | 1.4B | 1.1B | 1.1B | 1.2B | 817.0M | 538.0M | 662.0M | 719.0M | 732.0M |
| Operating Cash Flow | 85.4M | -105.0M | -123.0M | -232.0M | 17.7M | -141.0M | 20.3M | 86.7M | -111.0M | -259,400 | -81.8M | -51.7M | -26.2M |
| Total Investing Cash Inflow | 72,900 | 193.0M | 419.0M | 153.0M | 23.0M | 34,100 | 63,500 | 4,550 | 14,100 | 6,866 | 10,800 | 2.2M | 646,600 |
| Total Investing Cash Outflow | 17.5M | 66.2M | 500.0M | 209.0M | 873,100 | 2.8M | 8.9M | 9.0M | 6.0M | 3.1M | 13.2M | 10.3M | 15.3M |
| Investing Cash Flow | -17.5M | 127.0M | -81.0M | -56.2M | 22.1M | -2.8M | -8.9M | -9.0M | -6.0M | -3.1M | -13.2M | -8.1M | -14.7M |
| Cash From Borrowings | 136.0M | 238.0M | 102.0M | 53.6M | 156.0M | 173.0M | 207.0M | 396.0M | 126.0M | 65.0M | 10.0M | 30.0M | 80.0M |
| Dividends And Interest Paid | 7.5M | 9.9M | 40.9M | 30.2M | 20.7M | 19.4M | 27.7M | 12.8M | 5.4M | 2.9M | 9.4M | 6.6M | 7.1M |
| Debt Repayments | 206.0M | 210.0M | 85.7M | 202.0M | 102.0M | 158.0M | 87.0M | 284.0M | 75.5M | 20.0M | 26.0M | 77.9M | 39.2M |
| Total Financing Cash Inflow | 136.0M | 241.0M | 103.0M | 665.0M | 182.0M | 173.0M | 207.0M | 426.0M | 126.0M | 65.0M | 149.0M | 129.0M | 153.0M |
| Total Financing Cash Outflow | 229.0M | 229.0M | 133.0M | 256.0M | 123.0M | 177.0M | 115.0M | 297.0M | 80.9M | 22.9M | 35.4M | 84.5M | 46.3M |
| Financing Cash Flow | -92.4M | 12.2M | -29.2M | 409.0M | 59.2M | -4.5M | 92.3M | 129.0M | 45.2M | 42.1M | 114.0M | 44.3M | 107.0M |
| Net Change In Cash | -24.5M | 34.0M | -233.0M | 121.0M | 99.0M | -148.0M | 104.0M | 207.0M | -72.1M | 38.7M | 18.8M | -15.5M | 66.1M |
| Ending Cash Balance | 222.0M | 246.0M | 212.0M | 446.0M | 325.0M | 226.0M | 374.0M | 270.0M | 62.9M | 135.0M | 96.3M | 77.5M | 93.0M |
| Capex | 7.2M | 6.2M | 7.9M | 3.1M | 824,800 | 2.8M | 8.9M | 9.0M | 2.5M | 2.7M | 13.2M | 10.3M | 11.8M |