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 | 1.0B | 1.2B | 1.5B | 1.4B | 1.4B | 1.3B | 1.0B | 1.0B | 969.0M |
| Revenue Growth % | -16.2% | -19.2% | 5.2% | 4.4% | 5.3% | 23.8% | 2.7% | 4.5% | -- |
| Total Revenue | 1.0B | 1.2B | 1.5B | 1.4B | 1.4B | 1.3B | 1.0B | 1.0B | 969.0M |
| Cost Of Revenue | 813.0M | 979.0M | 1.2B | 1.1B | 1.0B | 958.0M | 818.0M | 803.0M | 758.0M |
| Gross Profit | 195.0M | 224.0M | 321.0M | 312.0M | 308.0M | 329.0M | 222.0M | 210.0M | 211.0M |
| Gross Margin % | 19.3% | 18.6% | 21.6% | 22.0% | 22.7% | 25.6% | 21.3% | 20.7% | 21.8% |
| Total Operating Cost | 968.0M | 1.1B | 1.3B | 1.3B | 1.2B | 1.1B | 950.0M | 940.0M | 929.0M |
| Selling Expenses | 35.9M | 40.6M | 33.7M | 30.5M | 25.5M | 53.1M | 46.6M | 56.5M | 47.3M |
| Admin Expenses | 34.8M | 39.2M | 42.6M | 47.1M | 47.9M | 50.9M | 44.5M | 42.5M | 80.3M |
| Rd Expenses | 52.1M | 59.6M | 61.3M | 57.5M | 53.6M | 48.2M | 40.3M | 48.2M | -- |
| Finance Expenses | 2.3M | 676,200 | -121,100 | 10.0M | 9.6M | 2.6M | 407,400 | 1.9M | 3.6M |
| Operating Income | 51.4M | 67.6M | 170.0M | 166.0M | 191.0M | 167.0M | 90.3M | 74.6M | 40.1M |
| Operating Margin % | 5.1% | 5.6% | 11.4% | 11.7% | 14.1% | 13.0% | 8.7% | 7.4% | 4.1% |
| Non Operating Income | 585,400 | 648,100 | 172,100 | 713,000 | 2.5M | 1.5M | 209,200 | 34,000 | 992,200 |
| Non Operating Expenses | 392,900 | -- | 99,700 | 15,800 | 238,400 | 27,300 | 500,400 | 22,400 | 3.1M |
| Investment Income | -- | -- | -- | -- | -- | -- | -- | -- | 264,600 |
| Asset Disposal Income | 223,700 | -118,400 | 98,800 | 51,700 | 32,300 | -- | -46,500 | -- | -46,600 |
| Asset Impairment Loss | 2.8M | 378,200 | -124,000 | 420,300 | 320,400 | 1.2M | -11.1M | -22.6M | 30.4M |
| Other Income | 11.2M | 10.5M | 8.8M | 12.3M | 2.3M | 1.1M | 877,500 | 920,100 | -- |
| Income Before Tax | 51.6M | 68.2M | 170.0M | 166.0M | 193.0M | 168.0M | 90.0M | 74.6M | 38.0M |
| Income Tax | 1.3M | 6.8M | 22.6M | 20.2M | 28.9M | 23.8M | 13.2M | 11.4M | 7.3M |
| Net Income | 50.4M | 61.4M | 147.0M | 146.0M | 164.0M | 145.0M | 76.9M | 63.2M | 30.7M |
| Net Margin % | 5.0% | 5.1% | 9.9% | 10.3% | 12.1% | 11.3% | 7.4% | 6.2% | 3.2% |
| Net Income Attributable | 45.1M | 55.1M | 142.0M | 141.0M | 159.0M | 140.0M | 75.0M | 61.8M | 30.1M |
| Minority Interest | 5.2M | 6.2M | 5.3M | 4.9M | 5.6M | 4.9M | 1.9M | 1.5M | 579,300 |
| Eps Basic | 0.12 | 0.15 | 0.38 | 0.47 | 0.56 | 0.49 | 0.27 | 0.22 | 0.30 |
| Eps Diluted | 0.12 | 0.15 | 0.38 | 0.47 | 0.56 | 0.49 | 0.27 | 0.22 | 0.30 |
| 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 | 607.0M | 605.0M | 760.0M | 887.0M | 307.0M | 220.0M | 198.0M | 36.0M | 52.3M |
| Accounts Receivable | 1.2B | 1.4B | 1.3B | 881.0M | 602.0M | 681.0M | 822.0M | 815.0M | 796.0M |
| Notes Receivable | 61.0M | 30.2M | 51.8M | 102.0M | 96.0M | 108.0M | 90.6M | 96.4M | 48.3M |
| Notes And Accounts Receivable | 1.3B | 1.5B | 1.4B | 984.0M | 698.0M | 790.0M | 913.0M | 911.0M | 844.0M |
| Prepayments | 5.1M | 13.2M | 6.4M | 9.3M | 5.9M | 12.6M | 9.2M | 9.7M | 3.5M |
| Inventory | 339.0M | 329.0M | 326.0M | 506.0M | 553.0M | 552.0M | 350.0M | 276.0M | 165.0M |
| Total Current Assets | 2.3B | 2.5B | 2.5B | 2.4B | 1.6B | 1.6B | 1.5B | 1.4B | 1.2B |
| Fixed Assets | -- | 317.0M | 272.0M | 109.0M | 99.2M | 99.3M | 106.0M | 102.0M | 107.0M |
| Fixed Assets Total | 485.0M | 317.0M | 272.0M | 109.0M | 99.2M | 99.3M | 106.0M | 102.0M | 107.0M |
| Construction In Progress | -- | 25.5M | 28.1M | 167.0M | 129.0M | 67.9M | 27.7M | 1.1M | -- |
| Construction In Progress Total | 437,000 | 25.5M | 28.1M | 167.0M | 129.0M | 67.9M | 27.7M | 1.1M | -- |
| Intangible Assets | 75.7M | 78.6M | 78.4M | 80.8M | 78.6M | 76.9M | 79.0M | 81.1M | 77.6M |
| Long Term Deferred Expenses | 3.3M | 5.3M | 6.5M | 3.5M | 2.0M | 2.9M | 4.0M | 8.0M | 8.8M |
| Total Non Current Assets | 729.0M | 760.0M | 676.0M | 632.0M | 547.0M | 264.0M | 235.0M | 208.0M | 210.0M |
| Total Assets | 3.1B | 3.2B | 3.2B | 3.1B | 2.1B | 1.9B | 1.7B | 1.6B | 1.4B |
| Short Term Borrowings | 210.0M | 210.0M | 145.0M | 50.0M | 100.0M | 125.0M | -- | -- | -- |
| Accounts Payable | 946.0M | 1.1B | 1.1B | 809.0M | 748.0M | 772.0M | 823.0M | 760.0M | 680.0M |
| Advance Receipts | -- | 202,100 | -- | -- | -- | 30.8M | 9.2M | 61.2M | 38.7M |
| Contract Liabilities | 13.9M | 836,100 | 5.2M | 39.5M | 6.2M | -- | -- | -- | -- |
| Total Current Liabilities | 1.4B | 1.6B | 1.6B | 1.5B | 1.2B | 1.2B | 1.3B | 1.2B | 956.0M |
| Long Term Borrowings | -- | -- | -- | 68.0M | 208.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 16.5M | 19.0M | 21.4M | 94.0M | 230.0M | 10.6M | 26.0M | 33.5M | 26.3M |
| Total Liabilities | 1.4B | 1.6B | 1.6B | 1.6B | 1.4B | 1.3B | 1.3B | 1.2B | 982.0M |
| Paid In Capital | 376.0M | 376.0M | 376.0M | 376.0M | 282.0M | 282.0M | 282.0M | 282.0M | 100.0M |
| Capital Reserve | 622.0M | 622.0M | 622.0M | 622.0M | 80.5M | 80.5M | 61.1M | 20.2M | 16.7M |
| Surplus Reserve | 59.7M | 53.2M | 51.5M | 40.0M | 27.4M | 13.9M | 4.9M | 39.6M | 32.3M |
| Retained Earnings | 590.0M | 562.0M | 537.0M | 442.0M | 314.0M | 238.0M | 91.4M | 22.1M | 234.0M |
| Minority Equity | 16.1M | 17.2M | 15.2M | 13.7M | 13.0M | 11.5M | 8.0M | 7.0M | 7.5M |
| Equity Attributable | 1.6B | 1.6B | 1.6B | 1.5B | 704.0M | 615.0M | 440.0M | 368.0M | 384.0M |
| Total Equity | 1.7B | 1.6B | 1.6B | 1.5B | 717.0M | 626.0M | 448.0M | 375.0M | 392.0M |
| 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 | 1.1B | 1.0B | 1.0B | 1.1B | 1.2B | 1.4B | 921.0M | 1.0B | 1.2B |
| Tax Refunds Received | -- | 61,000 | -- | 65,800 | 20,000 | 22,300 | 141,000 | 39,300 | 9,700 |
| Total Operating Cash Inflow | 1.2B | 1.1B | 1.1B | 1.2B | 1.3B | 1.5B | 1.1B | 1.1B | 1.2B |
| Cash Paid For Goods | 744.0M | 746.0M | 740.0M | 783.0M | 912.0M | 1.1B | 563.0M | 765.0M | 972.0M |
| Cash Paid To Employees | 141.0M | 155.0M | 165.0M | 158.0M | 140.0M | 138.0M | 117.0M | 110.0M | 89.1M |
| Taxes Paid | 49.8M | 93.6M | 72.1M | 85.1M | 67.4M | 51.6M | 73.5M | 72.9M | 31.9M |
| Total Operating Cash Outflow | 1.0B | 1.1B | 1.0B | 1.1B | 1.2B | 1.4B | 940.0M | 1.1B | 1.2B |
| Operating Cash Flow | 170.0M | 2.4M | 41.0M | 66.4M | 91.5M | 83.7M | 200.0M | -14.5M | 38.1M |
| Total Investing Cash Inflow | 84,400 | 142,800 | 235,600 | 665,600 | 569,200 | -- | -- | 444.00 | 2.0M |
| Total Investing Cash Outflow | 138.0M | 106.0M | 77.0M | 64.2M | 58.3M | 27.4M | 28.3M | 15.8M | 65.3M |
| Investing Cash Flow | -138.0M | -106.0M | -76.7M | -63.6M | -57.7M | -27.4M | -28.3M | -15.8M | -63.3M |
| Cash From Borrowings | 210.0M | 220.0M | 171.0M | 70.0M | 350.0M | 175.0M | -- | -- | -- |
| Dividends And Interest Paid | 19.9M | 38.0M | 48.3M | 14.3M | 140.0M | 32.6M | 15.6M | 172.0M | 22.2M |
| Debt Repayments | 210.0M | 233.0M | 212.0M | 111.0M | 156.0M | 165.0M | -- | -- | -- |
| Total Financing Cash Inflow | 215.0M | 220.0M | 171.0M | 713.0M | 350.0M | 175.0M | -- | 186.0M | 49.1M |
| Total Financing Cash Outflow | 232.0M | 272.0M | 262.0M | 134.0M | 297.0M | 197.0M | 15.6M | 172.0M | 22.2M |
| Financing Cash Flow | -17.7M | -52.5M | -91.8M | 579.0M | 53.2M | -22.3M | -15.6M | 13.5M | 26.9M |
| Net Change In Cash | 14.6M | -156.0M | -128.0M | 582.0M | 86.9M | 34.0M | 156.0M | -16.8M | 1.7M |
| Ending Cash Balance | 607.0M | 592.0M | 749.0M | 876.0M | 295.0M | 208.0M | 174.0M | 17.5M | 34.3M |
| Capex | 138.0M | 106.0M | 77.0M | 64.2M | 58.3M | 27.4M | 28.3M | 15.8M | 65.3M |