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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 376.0M | 269.0M | 253.0M | 223.0M | 169.0M | 178.0M | 177.0M | 170.0M | 154.0M | 157.0M | 173.0M | 206.0M | 172.0M | 180.0M |
| Revenue Growth % | 39.8% | 6.3% | 13.5% | 32.0% | -5.1% | 0.6% | 4.1% | 10.4% | -1.9% | -9.2% | -16.0% | 19.8% | -4.4% | -- |
| Total Revenue | 376.0M | 269.0M | 253.0M | 223.0M | 169.0M | 178.0M | 177.0M | 170.0M | 154.0M | 157.0M | 173.0M | 206.0M | 172.0M | 180.0M |
| Cost Of Revenue | 251.0M | 182.0M | 159.0M | 146.0M | 99.9M | 105.0M | 107.0M | 96.1M | 91.7M | 89.9M | 96.5M | 114.0M | 90.6M | 104.0M |
| Gross Profit | 125.0M | 87.0M | 94.0M | 77.0M | 69.1M | 73.0M | 70.0M | 73.9M | 62.3M | 67.1M | 76.5M | 92.0M | 81.4M | 76.0M |
| Gross Margin % | 33.2% | 32.3% | 37.2% | 34.5% | 40.9% | 41.0% | 39.5% | 43.5% | 40.4% | 42.8% | 44.2% | 44.7% | 47.4% | 42.2% |
| Total Operating Cost | 339.0M | 263.0M | 224.0M | 196.0M | 151.0M | 159.0M | 156.0M | 144.0M | 132.0M | 126.0M | 137.0M | 158.0M | 127.0M | 142.0M |
| Selling Expenses | 13.9M | 9.3M | 6.4M | 6.0M | 7.4M | 8.5M | 9.7M | 10.0M | 8.4M | 11.1M | 11.9M | 15.1M | 10.4M | 10.3M |
| Admin Expenses | 45.8M | 40.0M | 32.1M | 26.3M | 29.7M | 31.1M | 26.3M | 24.5M | 28.1M | 25.4M | 26.9M | 25.8M | 23.4M | 22.8M |
| Rd Expenses | 21.6M | 19.5M | 20.0M | 10.0M | 7.9M | 10.5M | 8.2M | 7.6M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -1.7M | 829,700 | -361,300 | 969,800 | 2.6M | 311,200 | -1.0M | 976,300 | 375,800 | -1.6M | -1.0M | 840,300 | 335,700 | 1.5M |
| Operating Income | 40.5M | 17.0M | 33.3M | 29.2M | 21.6M | 25.0M | 24.1M | 29.0M | 24.0M | 34.4M | 36.6M | 48.2M | 44.9M | 37.9M |
| Operating Margin % | 10.8% | 6.3% | 13.1% | 13.1% | 12.8% | 14.0% | 13.6% | 17.1% | 15.6% | 21.9% | 21.2% | 23.4% | 26.1% | 21.0% |
| Non Operating Income | 173,600 | 687,700 | 25,500 | 25,500 | 26,100 | 10,200 | 182,600 | 273,300 | 2.3M | 2.0M | 3.8M | 1.1M | 130,000 | 2.6M |
| Non Operating Expenses | 369,400 | 399,000 | 142,100 | 660,500 | 7.1M | 22,200 | 62,000 | 445,500 | 1.6M | 1.7M | 36,900 | 466,900 | 17,500 | 234,900 |
| Investment Income | -263,200 | 7.6M | -884,100 | 595,100 | 716,600 | -- | 296,100 | 1.5M | 2.1M | 3.2M | -- | -- | -- | -- |
| Fair Value Change Income | 571,800 | -131,900 | -2.0M | -453,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 12,300 | -- | 5.0M | -14,300 | -- | 23,000 | -188,500 | -223,300 | 176,400 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.9M | 4.4M | 2.5M | 1.4M | 220,500 | 397,800 | 2.5M | 557,600 | 435,900 | -379,400 | 187,400 | 601,200 | 350,100 | 679,600 |
| Other Income | 3.3M | 3.1M | 2.0M | 2.4M | 3.1M | 5.6M | 3.2M | 2.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 40.3M | 17.3M | 33.1M | 28.5M | 14.5M | 25.0M | 24.2M | 28.9M | 24.8M | 34.6M | 40.4M | 48.8M | 45.1M | 40.3M |
| Income Tax | 3.6M | -750,800 | 2.8M | 4.4M | 3.7M | 3.4M | 3.6M | 6.1M | 3.3M | 4.9M | 5.6M | 7.2M | 6.6M | 8.3M |
| Net Income | 36.7M | 18.1M | 30.3M | 24.1M | 10.8M | 21.6M | 20.6M | 22.8M | 21.4M | 29.7M | 34.8M | 41.6M | 38.5M | 32.0M |
| Net Margin % | 9.8% | 6.7% | 12.0% | 10.8% | 6.4% | 12.1% | 11.7% | 13.4% | 13.9% | 18.9% | 20.1% | 20.2% | 22.4% | 17.8% |
| Net Income Attributable | 36.7M | 18.1M | 30.4M | 24.1M | 10.8M | 21.6M | 20.6M | 22.8M | 21.4M | 29.7M | 34.8M | 41.6M | 38.5M | 32.0M |
| Minority Interest | -- | -50,400 | -60,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.20 | 0.10 | 0.17 | 0.13 | 0.16 | 0.32 | 0.31 | 0.34 | 0.32 | 0.45 | 0.64 | 0.83 | 0.77 | 0.64 |
| Eps Diluted | 0.20 | 0.10 | 0.17 | 0.13 | 0.16 | 0.32 | 0.31 | 0.34 | 0.32 | 0.45 | 0.64 | 0.83 | 0.77 | 0.64 |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 87.8M | 83.3M | 77.8M | 109.0M | 135.0M | 88.3M | 95.0M | 69.7M | 84.5M | 96.4M | 108.0M | 51.6M | 48.3M | 34.4M |
| Trading Financial Assets | 5.1M | 30.7M | 1.7M | 3.0M | -- | 25.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 145.0M | 124.0M | 109.0M | 57.5M | 53.7M | 45.3M | 43.1M | 36.1M | 32.5M | 30.5M | 37.4M | 46.1M | 37.6M | 45.7M |
| Notes Receivable | 3.8M | 4.8M | 3.6M | 3.6M | -- | -- | 26.2M | 17.0M | 12.6M | 7.2M | 12.9M | 11.2M | 5.5M | 8.0M |
| Notes And Accounts Receivable | 149.0M | 129.0M | 112.0M | 61.1M | 53.7M | 45.3M | 69.3M | 53.2M | 45.1M | 37.7M | 50.3M | 57.3M | 43.1M | 53.7M |
| Prepayments | 699,000 | 782,600 | 1.2M | 1.1M | 3.9M | 1.2M | 986,200 | 3.0M | 2.5M | 1.5M | 1.3M | 6.0M | 19.0M | 17.6M |
| Inventory | 99.3M | 55.7M | 60.2M | 56.7M | 40.7M | 33.5M | 39.2M | 41.3M | 29.7M | 38.0M | 33.6M | 29.2M | 26.9M | 21.5M |
| Total Current Assets | 397.0M | 349.0M | 279.0M | 305.0M | 252.0M | 223.0M | 246.0M | 203.0M | 175.0M | 234.0M | 287.0M | 146.0M | 138.0M | 128.0M |
| Long Term Equity Investment | 3.0M | 1.9M | 82.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 189.0M | 189.0M | -- | 193.0M | 201.0M | 163.0M | 179.0M | 227.0M | 230.0M | 39.7M | 35.8M | 33.2M | 31.0M |
| Fixed Assets Total | 188.0M | 189.0M | 189.0M | 189.0M | 193.0M | 201.0M | 163.0M | 179.0M | 227.0M | 230.0M | 39.7M | 35.8M | 33.2M | 31.0M |
| Construction In Progress | -- | 6.3M | 6.4M | -- | 3.8M | 2.7M | 1.4M | 2.5M | 3.1M | 18.1M | 131.0M | 49.8M | 1.2M | 805,300 |
| Construction In Progress Total | 5.3M | 6.3M | 6.4M | 4.8M | 3.8M | 2.7M | 1.4M | 2.5M | 3.1M | 18.1M | 131.0M | 49.8M | 1.2M | 805,300 |
| Intangible Assets | 15.7M | 13.2M | 13.1M | 13.6M | 13.4M | 13.7M | 8.6M | 8.9M | 14.4M | 14.7M | 15.2M | 15.6M | 541,000 | 672,100 |
| Long Term Deferred Expenses | 2.3M | 2.2M | 1.9M | 1.4M | 1.6M | 6.9M | 2.4M | 2.8M | 2.9M | 3.3M | -- | -- | -- | -- |
| Total Non Current Assets | 226.0M | 234.0M | 307.0M | 215.0M | 218.0M | 269.0M | 238.0M | 250.0M | 259.0M | 278.0M | 193.0M | 108.0M | 42.4M | 40.6M |
| Total Assets | 623.0M | 583.0M | 585.0M | 520.0M | 470.0M | 491.0M | 484.0M | 453.0M | 433.0M | 512.0M | 480.0M | 254.0M | 180.0M | 168.0M |
| Short Term Borrowings | -- | 100,100 | 32.4M | 25.0M | 10.0M | 10.0M | 20.0M | -- | -- | -- | -- | 35.0M | -- | 10.0M |
| Accounts Payable | 53.9M | 42.8M | 33.8M | 24.9M | 25.2M | 17.0M | 15.3M | 17.1M | 13.0M | 12.2M | 21.8M | 17.6M | 13.1M | 14.6M |
| Advance Receipts | 621,900 | 1.0M | 938,500 | 1.1M | 1.1M | 2.0M | 3.5M | 2.2M | 1.0M | 794,000 | 1.2M | 823,200 | 968,400 | 810,600 |
| Contract Liabilities | 1.7M | 1.2M | 3.2M | 1.0M | 798,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 94.3M | 70.0M | 98.6M | 77.6M | 53.9M | 43.3M | 49.3M | 33.6M | 28.9M | 51.9M | 36.3M | 71.8M | 24.0M | 40.0M |
| Long Term Borrowings | 7.7M | 23.4M | 14.5M | -- | -- | -- | -- | -- | -- | 72.5M | 73.3M | -- | -- | -- |
| Total Non Current Liabilities | 8.7M | 24.4M | 15.8M | 521,300 | 427,800 | 467,700 | 717,800 | 710,100 | 522,900 | 72.5M | 73.3M | -- | -- | -- |
| Total Liabilities | 103.0M | 94.4M | 114.0M | 78.1M | 54.3M | 43.8M | 50.0M | 34.3M | 29.4M | 124.0M | 110.0M | 71.8M | 24.0M | 40.0M |
| Paid In Capital | 183.0M | 183.0M | 183.0M | 93.4M | 66.7M | 66.7M | 66.7M | 66.7M | 66.7M | 66.7M | 66.7M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 62.1M | 62.1M | 62.1M | 152.0M | 178.0M | 178.0M | 178.0M | 178.0M | 178.0M | 178.0M | 178.0M | 24.6M | 24.6M | 24.0M |
| Surplus Reserve | 22.9M | 22.9M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M | 22.3M | 20.3M | 18.7M | 15.8M | 12.4M | 8.5M | 4.9M |
| Retained Earnings | 251.0M | 219.0M | 201.0M | 175.0M | 188.0M | 182.0M | 165.0M | 151.0M | 137.0M | 124.0M | 111.0M | 96.2M | 73.5M | 49.8M |
| Minority Equity | -- | -- | 900,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 520.0M | 488.0M | 470.0M | 442.0M | 416.0M | 448.0M | 434.0M | 419.0M | 404.0M | 388.0M | 370.0M | 182.0M | 156.0M | 128.0M |
| Total Equity | 520.0M | 488.0M | 471.0M | 442.0M | 416.0M | 448.0M | 434.0M | 419.0M | 404.0M | 388.0M | 370.0M | 182.0M | 156.0M | 128.0M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 250.0M | 211.0M | 202.0M | 186.0M | 150.0M | 159.0M | 147.0M | 146.0M | 132.0M | 146.0M | 165.0M | 181.0M | 173.0M | 144.0M |
| Tax Refunds Received | 1.5M | 1.3M | 259,700 | 220,200 | 204,900 | -- | 1.7M | -- | 1.9M | 1.9M | 387,000 | -- | 450,900 | 140,500 |
| Total Operating Cash Inflow | 266.0M | 229.0M | 217.0M | 203.0M | 165.0M | 176.0M | 163.0M | 160.0M | 148.0M | 161.0M | 173.0M | 205.0M | 178.0M | 150.0M |
| Cash Paid For Goods | 139.0M | 117.0M | 119.0M | 91.8M | 52.0M | 44.5M | 50.1M | 48.5M | 33.5M | 45.6M | 47.7M | 59.2M | 58.7M | 64.7M |
| Cash Paid To Employees | 85.9M | 72.2M | 65.4M | 63.1M | 48.7M | 50.2M | 55.5M | 54.2M | 45.2M | 54.2M | 51.1M | 55.1M | 43.8M | 44.5M |
| Taxes Paid | 18.2M | 22.9M | 14.8M | 12.0M | 14.5M | 16.5M | 19.7M | 17.7M | 17.0M | 12.7M | 12.8M | 13.3M | 17.1M | 16.3M |
| Total Operating Cash Outflow | 269.0M | 239.0M | 221.0M | 184.0M | 135.0M | 134.0M | 141.0M | 138.0M | 112.0M | 129.0M | 128.0M | 166.0M | 133.0M | 140.0M |
| Operating Cash Flow | -2.2M | -10.6M | -4.6M | 19.9M | 30.1M | 42.2M | 22.0M | 21.4M | 35.7M | 32.5M | 45.1M | 39.3M | 44.7M | 10.6M |
| Total Investing Cash Inflow | 275.0M | 150.0M | 33.9M | 129.0M | 25.8M | 35,000 | 70.3M | 252.0M | 333.0M | 283.0M | 43,800 | 8,578 | 1,330 | 16,000 |
| Total Investing Cash Outflow | 252.0M | 109.0M | 80.7M | 185.0M | 2.7M | 34.1M | 81.7M | 279.0M | 300.0M | 312.0M | 175.0M | 59.5M | 9.8M | 18.4M |
| Investing Cash Flow | 23.5M | 40.4M | -46.8M | -55.4M | 23.0M | -34.1M | -11.4M | -27.5M | 32.6M | -28.4M | -175.0M | -59.5M | -9.8M | -18.4M |
| Cash From Borrowings | 8.0M | 29.5M | 47.1M | 25.0M | 10.0M | 20.0M | 30.0M | -- | -- | -- | 93.3M | 45.0M | -- | 10.0M |
| Dividends And Interest Paid | 6.0M | 2.5M | 4.8M | 3.2M | 5.1M | 5.6M | 7.3M | 6.7M | 8.6M | 17.3M | 21.9M | 10.4M | 11.3M | 470,400 |
| Debt Repayments | 14.8M | 52.2M | 25.2M | 10.0M | 10.0M | 30.0M | 10.0M | -- | 73.3M | -- | 55.0M | 10.0M | 10.0M | -- |
| Total Financing Cash Inflow | 8.0M | 29.5M | 48.0M | 25.0M | 10.0M | 20.0M | 30.0M | -- | -- | -- | 268.0M | 45.0M | 624,000 | 10.0M |
| Total Financing Cash Outflow | 21.3M | 56.3M | 30.4M | 13.3M | 15.1M | 35.6M | 17.3M | 6.7M | 81.9M | 17.3M | 81.5M | 20.4M | 21.3M | 470,400 |
| Financing Cash Flow | -13.3M | -26.8M | 17.6M | 11.7M | -5.1M | -15.6M | 12.7M | -6.7M | -81.9M | -17.3M | 186.0M | 24.6M | -20.7M | 9.5M |
| Net Change In Cash | 8.7M | 3.2M | -32.2M | -25.1M | 44.5M | -6.7M | 25.3M | -14.8M | -11.9M | -11.6M | 56.4M | 3.2M | 14.0M | 1.9M |
| Ending Cash Balance | 87.5M | 78.8M | 75.6M | 108.0M | 133.0M | 88.3M | 95.0M | 69.7M | 84.5M | 96.4M | 108.0M | 51.6M | 48.3M | 34.4M |
| Capex | 10.3M | 10.7M | 12.1M | 6.6M | 2.7M | 9.1M | 1.7M | 9.1M | 20.3M | 61.6M | 85.3M | 59.5M | 9.8M | 18.4M |