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 | 621.0M | 587.0M | 781.0M | 675.0M | 588.0M | 580.0M | 552.0M | 580.0M | 469.0M |
| Revenue Growth % | 5.8% | -24.8% | 15.7% | 14.8% | 1.4% | 5.1% | -4.8% | 23.7% | -- |
| Total Revenue | 621.0M | 587.0M | 781.0M | 675.0M | 588.0M | 580.0M | 552.0M | 580.0M | 469.0M |
| Cost Of Revenue | 472.0M | 471.0M | 606.0M | 498.0M | 433.0M | 393.0M | 363.0M | 384.0M | 312.0M |
| Gross Profit | 149.0M | 116.0M | 175.0M | 177.0M | 155.0M | 187.0M | 189.0M | 196.0M | 157.0M |
| Gross Margin % | 24.0% | 19.8% | 22.4% | 26.2% | 26.4% | 32.2% | 34.2% | 33.8% | 33.5% |
| Total Operating Cost | 689.0M | 686.0M | 795.0M | 669.0M | 567.0M | 506.0M | 465.0M | 485.0M | 391.0M |
| Selling Expenses | 9.5M | 12.2M | 12.2M | 11.7M | 11.6M | 15.1M | 13.0M | 12.9M | 10.7M |
| Admin Expenses | 88.4M | 82.4M | 87.2M | 71.7M | 53.9M | 52.1M | 38.3M | 44.4M | 35.9M |
| Rd Expenses | 64.3M | 64.6M | 61.5M | 52.5M | 48.1M | 37.5M | 45.3M | 29.1M | 23.2M |
| Finance Expenses | 15.2M | 12.9M | 11.3M | 17.6M | 7.4M | -3.7M | -4.4M | -65,800 | -4.0M |
| Operating Income | 2.3M | -88.0M | 18.2M | 50.5M | 59.0M | 108.0M | 102.0M | 106.0M | 78.0M |
| Operating Margin % | 0.4% | -15.0% | 2.3% | 7.5% | 10.0% | 18.6% | 18.5% | 18.3% | 16.6% |
| Non Operating Income | 45,600 | 39,400 | -- | -- | 10,700 | 96,700 | 249,800 | 397,500 | 6.3M |
| Non Operating Expenses | 1.0M | 1.1M | 738,000 | 241,100 | 3.9M | 4.9M | 420,700 | 44,500 | 343,100 |
| Investment Income | 25.0M | 15.9M | 16.1M | 8.2M | 20.0M | 10.1M | 33,000 | -- | -- |
| Fair Value Change Income | 7.0M | -19.5M | -281,100 | 20.9M | 548,300 | -- | -- | -- | -- |
| Asset Disposal Income | 1.2M | -2.9M | 73,400 | -135,700 | -8,500 | -118,400 | 53,000 | -526,500 | 64,300 |
| Asset Impairment Loss | 19.6M | 24.0M | 10.5M | 10.8M | 4.9M | 2.9M | 6.5M | 9.8M | 7.7M |
| Other Income | 36.9M | 17.0M | 16.3M | 16.2M | 18.0M | 24.6M | 15.5M | 11.5M | -- |
| Income Before Tax | 1.3M | -89.1M | 17.5M | 50.3M | 55.1M | 103.0M | 102.0M | 107.0M | 83.9M |
| Income Tax | -6.7M | -20.3M | -8.0M | 2.7M | 4.1M | 11.2M | 10.6M | 15.5M | 12.0M |
| Net Income | 8.0M | -68.9M | 25.5M | 47.6M | 51.0M | 92.2M | 91.4M | 91.3M | 72.0M |
| Net Margin % | 1.3% | -11.7% | 3.3% | 7.1% | 8.7% | 15.9% | 16.6% | 15.7% | 15.3% |
| Net Income Attributable | 9.5M | -68.3M | 29.3M | 45.0M | 51.0M | 92.2M | 91.4M | 91.3M | 72.0M |
| Minority Interest | -1.5M | -581,200 | -3.8M | 2.6M | -700.00 | -- | -- | -- | -- |
| Eps Basic | 0.06 | -0.43 | 0.18 | 0.30 | 0.33 | 0.70 | 0.80 | 0.80 | 0.63 |
| Eps Diluted | 0.06 | -0.43 | 0.18 | 0.30 | 0.33 | 0.70 | 0.80 | 0.80 | 0.63 |
| 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 | 292.0M | 222.0M | 138.0M | 275.0M | 151.0M | 204.0M | 105.0M | 188.0M | 250.0M |
| Trading Financial Assets | 105.0M | 243.0M | 424.0M | 430.0M | 594.0M | -- | -- | -- | -- |
| Accounts Receivable | 329.0M | 279.0M | 337.0M | 250.0M | 240.0M | 232.0M | 157.0M | 153.0M | 116.0M |
| Notes Receivable | 26.2M | 24.4M | 39.6M | 62.8M | 69.8M | 29.4M | 34.2M | 63.6M | 91.3M |
| Notes And Accounts Receivable | 355.0M | 303.0M | 377.0M | 313.0M | 310.0M | 262.0M | 191.0M | 217.0M | 207.0M |
| Prepayments | 4.8M | 1.8M | 7.6M | 10.3M | 19.3M | 10.2M | 1.3M | 908,000 | 3.5M |
| Inventory | 356.0M | 323.0M | 370.0M | 330.0M | 196.0M | 187.0M | 150.0M | 125.0M | 83.2M |
| Total Current Assets | 1.2B | 1.1B | 1.3B | 1.4B | 1.3B | 1.4B | 467.0M | 542.0M | 551.0M |
| Long Term Equity Investment | 233.0M | 236.0M | 227.0M | 111.0M | 4.0M | 1.6M | 1.5M | -- | -- |
| Fixed Assets | -- | 996.0M | 924.0M | 820.0M | 520.0M | 310.0M | 242.0M | -- | -- |
| Fixed Assets Total | 905.0M | 996.0M | 924.0M | 820.0M | 520.0M | 310.0M | 242.0M | 213.0M | 180.0M |
| Construction In Progress | -- | 2.8M | 59.2M | 60.3M | 241.0M | 260.0M | 167.0M | -- | -- |
| Construction In Progress Total | 12.8M | 2.8M | 59.2M | 60.3M | 241.0M | 260.0M | 167.0M | 86.1M | 35.9M |
| Intangible Assets | 33.1M | 34.5M | 35.6M | 35.7M | 36.1M | 32.5M | 32.9M | 33.7M | 33.6M |
| Long Term Deferred Expenses | 71.0M | 67.4M | 74.1M | 64.8M | 50.0M | 4.7M | 6.2M | 7.5M | 9.0M |
| Total Non Current Assets | 1.4B | 1.5B | 1.5B | 1.3B | 1.0B | 665.0M | 473.0M | 357.0M | 266.0M |
| Total Assets | 2.6B | 2.6B | 2.8B | 2.7B | 2.3B | 2.0B | 940.0M | 899.0M | 817.0M |
| Short Term Borrowings | 472.0M | 508.0M | 457.0M | 408.0M | 270.0M | -- | -- | -- | -- |
| Accounts Payable | 132.0M | 101.0M | 182.0M | 169.0M | 162.0M | 124.0M | 111.0M | 146.0M | 88.1M |
| Advance Receipts | 207,700 | 206,200 | -- | -- | -- | 7.4M | 613,600 | 7.8M | 8.8M |
| Contract Liabilities | 7.5M | 4.3M | 9.7M | 10.2M | 9.8M | -- | -- | -- | -- |
| Total Current Liabilities | 717.0M | 657.0M | 823.0M | 709.0M | 491.0M | 168.0M | 153.0M | 200.0M | 160.0M |
| Long Term Borrowings | 109.0M | 178.0M | 136.0M | 157.0M | 23.3M | 64.4M | 2.0M | -- | -- |
| Total Non Current Liabilities | 161.0M | 233.0M | 189.0M | 197.0M | 43.0M | 78.9M | 14.9M | 18.6M | 18.1M |
| Total Liabilities | 878.0M | 890.0M | 1.0B | 907.0M | 534.0M | 247.0M | 168.0M | 218.0M | 178.0M |
| Paid In Capital | 161.0M | 161.0M | 154.0M | 154.0M | 154.0M | 154.0M | 115.0M | 115.0M | 115.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 360.0M | 360.0M | 360.0M |
| Surplus Reserve | 51.2M | 48.7M | 48.7M | 43.3M | 40.1M | 36.5M | 27.8M | 19.9M | 12.0M |
| Retained Earnings | 329.0M | 321.0M | 406.0M | 396.0M | 370.0M | 353.0M | 269.0M | 186.0M | 152.0M |
| Minority Equity | 3.3M | 4.8M | 5.3M | 9.1M | 162,500 | -- | -- | -- | -- |
| Equity Attributable | 1.7B | 1.7B | 1.8B | 1.8B | 1.8B | 1.8B | 772.0M | 681.0M | 639.0M |
| Total Equity | 1.7B | 1.7B | 1.8B | 1.8B | 1.8B | 1.8B | 772.0M | 681.0M | 639.0M |
| 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 | 559.0M | 665.0M | 689.0M | 691.0M | 570.0M | 527.0M | 607.0M | 625.0M | 449.0M |
| Tax Refunds Received | 21.3M | 17.6M | 38.4M | 57.3M | 24.7M | 28.3M | 10.2M | 12.9M | 2.5M |
| Total Operating Cash Inflow | 624.0M | 714.0M | 775.0M | 781.0M | 624.0M | 584.0M | 630.0M | 654.0M | 464.0M |
| Cash Paid For Goods | 332.0M | 395.0M | 465.0M | 527.0M | 333.0M | 335.0M | 349.0M | 372.0M | 201.0M |
| Cash Paid To Employees | 187.0M | 191.0M | 189.0M | 177.0M | 134.0M | 150.0M | 127.0M | 124.0M | 113.0M |
| Taxes Paid | 11.6M | 22.4M | 13.5M | 11.0M | 26.9M | 43.0M | 24.4M | 39.8M | 42.5M |
| Total Operating Cash Outflow | 565.0M | 640.0M | 714.0M | 752.0M | 541.0M | 565.0M | 532.0M | 566.0M | 384.0M |
| Operating Cash Flow | 59.0M | 73.7M | 60.5M | 29.0M | 83.0M | 19.0M | 97.8M | 88.1M | 79.6M |
| Total Investing Cash Inflow | 163.0M | 188.0M | 19.5M | 187.0M | 110.0M | 9.8M | 155,900 | 582,900 | 606,400 |
| Total Investing Cash Outflow | 51.3M | 123.0M | 266.0M | 327.0M | 444.0M | 907.0M | 174.0M | 108.0M | 48.0M |
| Investing Cash Flow | 112.0M | 65.5M | -246.0M | -140.0M | -334.0M | -897.0M | -174.0M | -107.0M | -47.4M |
| Cash From Borrowings | 681.0M | 561.0M | 688.0M | 615.0M | 301.0M | 65.0M | 2.0M | -- | -- |
| Dividends And Interest Paid | 17.9M | 26.0M | 32.1M | 30.7M | 35.5M | 63,800 | 126,700 | 49.5M | 152,100 |
| Debt Repayments | 736.0M | 578.0M | 606.0M | 285.0M | 70.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 689.0M | 561.0M | 695.0M | 621.0M | 301.0M | 995.0M | 2.0M | -- | 75.0M |
| Total Financing Cash Outflow | 793.0M | 620.0M | 648.0M | 381.0M | 105.0M | 15.6M | 126,700 | 49.5M | 152,100 |
| Financing Cash Flow | -104.0M | -59.1M | 46.8M | 240.0M | 196.0M | 980.0M | 1.9M | -49.5M | 74.8M |
| Net Change In Cash | 69.5M | 81.3M | -137.0M | 128.0M | -58.6M | 103.0M | -74.1M | -70.2M | 108.0M |
| Ending Cash Balance | 287.0M | 218.0M | 137.0M | 274.0M | 145.0M | 204.0M | 101.0M | 175.0M | 246.0M |
| Capex | 32.7M | 103.0M | 149.0M | 238.0M | 345.0M | 226.0M | 173.0M | 108.0M | 48.0M |