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 | 3.0B | 2.9B | 2.5B | 2.7B | 2.4B | 2.6B | 2.4B | 2.1B | 2.0B | 1.9B | 1.7B | 1.5B | 1.3B | 1.3B |
| Revenue Growth % | 0.9% | 19.3% | -10.2% | 15.2% | -8.2% | 9.8% | 10.3% | 4.2% | 8.5% | 14.1% | 11.7% | 10.1% | 6.2% | -- |
| Total Revenue | 3.0B | 2.9B | 2.5B | 2.7B | 2.4B | 2.6B | 2.4B | 2.1B | 2.0B | 1.9B | 1.7B | 1.5B | 1.3B | 1.3B |
| Cost Of Revenue | 949.0M | 945.0M | 841.0M | 919.0M | 842.0M | 884.0M | 760.0M | 685.0M | 648.0M | 591.0M | 471.0M | 442.0M | 389.0M | 416.0M |
| Gross Profit | 2.0B | 2.0B | 1.6B | 1.8B | 1.5B | 1.7B | 1.6B | 1.5B | 1.4B | 1.3B | 1.2B | 1.0B | 956.0M | 851.0M |
| Gross Margin % | 67.9% | 67.7% | 65.7% | 66.4% | 64.5% | 65.8% | 67.7% | 67.9% | 68.4% | 68.7% | 71.5% | 70.2% | 71.1% | 67.2% |
| Total Operating Cost | 2.8B | 2.6B | 2.2B | 2.3B | 2.1B | 2.3B | 2.1B | 1.8B | 1.8B | 1.7B | 1.5B | 1.3B | 1.2B | 1.2B |
| Selling Expenses | 1.5B | 1.3B | 1.0B | 1.1B | 927.0M | 1.1B | 953.0M | 802.0M | 872.0M | 834.0M | 749.0M | 648.0M | 591.0M | 531.0M |
| Admin Expenses | 194.0M | 185.0M | 186.0M | 189.0M | 210.0M | 235.0M | 299.0M | 259.0M | 236.0M | 184.0M | 184.0M | 174.0M | 157.0M | 162.0M |
| Rd Expenses | 74.1M | 69.6M | 56.4M | 36.4M | 24.1M | 20.2M | 16.8M | 16.4M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -1.4M | -12.0M | -9.3M | -11.8M | -12.8M | -10.1M | -8.7M | -6.1M | -1.8M | 18.3M | 37.8M | 40.1M | 43.8M | 44.5M |
| Operating Income | 171.0M | 311.0M | 238.0M | 437.0M | 314.0M | 275.0M | 273.0M | 326.0M | 250.0M | 213.0M | 178.0M | 141.0M | 129.0M | 126.0M |
| Operating Margin % | 5.8% | 10.6% | 9.7% | 16.0% | 13.2% | 10.6% | 11.6% | 15.3% | 12.2% | 11.3% | 10.8% | 9.5% | 9.6% | 9.9% |
| Non Operating Income | 2.3M | 1.7M | 2.0M | 2.0M | 2.9M | 2.3M | 1.5M | 5.9M | 16.0M | 9.9M | 3.6M | 5.5M | 6.9M | 3.1M |
| Non Operating Expenses | 523,900 | 403,900 | 802,800 | 2.5M | 5.2M | 495,100 | 566,600 | 3.8M | 3.1M | 111,800 | 251,900 | 534,400 | 1.1M | 2.0M |
| Investment Income | -- | -- | -612,100 | -2.7M | 32,700 | -- | 6.5M | 379,800 | -- | -- | -- | -- | -- | 42.9M |
| Fair Value Change Income | -- | -- | -9,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 499,700 | 1.2M | -694,000 | 53,000 | -490,200 | 155,200 | -1.8M | 805,500 | 259,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 93.2M | 75.4M | 89.9M | 54.5M | 57.7M | 66.7M | 49.9M | 20.9M | 13.9M | 19.4M | 10.4M | 14.1M | 9.2M | 8.6M |
| Other Income | 16.8M | 13.6M | 20.2M | 9.6M | 17.4M | 13.4M | 17.9M | 5.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 172.0M | 312.0M | 239.0M | 436.0M | 311.0M | 277.0M | 274.0M | 329.0M | 263.0M | 223.0M | 181.0M | 146.0M | 135.0M | 127.0M |
| Income Tax | 69.7M | 101.0M | 79.8M | 120.0M | 78.9M | 67.1M | 78.1M | 88.6M | 64.4M | 57.5M | 48.4M | 37.3M | 34.4M | 22.3M |
| Net Income | 103.0M | 211.0M | 159.0M | 316.0M | 233.0M | 210.0M | 196.0M | 240.0M | 198.0M | 166.0M | 133.0M | 109.0M | 101.0M | 104.0M |
| Net Margin % | 3.5% | 7.2% | 6.5% | 11.6% | 9.8% | 8.1% | 8.3% | 11.2% | 9.7% | 8.8% | 8.0% | 7.4% | 7.5% | 8.2% |
| Net Income Attributable | 79.0M | 182.0M | 135.0M | 276.0M | 211.0M | 182.0M | 166.0M | 222.0M | 183.0M | 166.0M | 133.0M | 109.0M | 101.0M | 104.0M |
| Minority Interest | 23.6M | 29.2M | 24.6M | 39.7M | 21.8M | 28.3M | 30.4M | 17.6M | 14.8M | 300.00 | -- | -- | -- | -- |
| Eps Basic | 0.19 | 0.44 | 0.33 | 0.69 | 0.53 | 0.47 | 0.43 | 0.57 | 0.47 | 0.88 | 0.82 | 0.67 | 0.62 | 0.64 |
| Eps Diluted | 0.19 | 0.44 | 0.33 | 0.68 | 0.53 | 0.46 | 0.43 | 0.57 | 0.47 | 0.88 | 0.82 | 0.67 | 0.62 | 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 | 1.1B | 1.1B | 1.0B | 804.0M | 884.0M | 709.0M | 645.0M | 607.0M | 426.0M | 371.0M | 172.0M | 148.0M | 123.0M | 151.0M |
| Accounts Receivable | 189.0M | 215.0M | 163.0M | 203.0M | 212.0M | 209.0M | 192.0M | 173.0M | 168.0M | 184.0M | 184.0M | 166.0M | 181.0M | 183.0M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 500,000 | 4.6M | 1.2M | -- |
| Notes And Accounts Receivable | 189.0M | 215.0M | 163.0M | 203.0M | 212.0M | 209.0M | 192.0M | 173.0M | 168.0M | 184.0M | 184.0M | 170.0M | 183.0M | 183.0M |
| Prepayments | 14.5M | 13.5M | 16.2M | 26.1M | 27.4M | 28.1M | 20.7M | 18.1M | 13.8M | 16.9M | 15.7M | 13.2M | 9.5M | 15.7M |
| Inventory | 825.0M | 739.0M | 734.0M | 742.0M | 672.0M | 721.0M | 725.0M | 544.0M | 654.0M | 602.0M | 582.0M | 527.0M | 568.0M | 575.0M |
| Total Current Assets | 2.1B | 2.1B | 2.0B | 1.8B | 1.8B | 1.7B | 1.6B | 1.5B | 1.3B | 1.2B | 976.0M | 876.0M | 901.0M | 971.0M |
| Fixed Assets | -- | 429.0M | 456.0M | 476.0M | 503.0M | 468.0M | 479.0M | 502.0M | 526.0M | 440.0M | 434.0M | 374.0M | 297.0M | 141.0M |
| Fixed Assets Total | 396.0M | 429.0M | 456.0M | 476.0M | 503.0M | 468.0M | 479.0M | 502.0M | 526.0M | 440.0M | 434.0M | 374.0M | 297.0M | 141.0M |
| Construction In Progress | -- | 1.1M | 5.9M | 2.7M | 11.9M | 52.9M | 40.2M | 16.0M | 11.4M | 29.2M | 33.3M | 103.0M | 171.0M | 226.0M |
| Construction In Progress Total | 3.8M | 1.1M | 5.9M | 2.7M | 11.9M | 52.9M | 40.2M | 16.0M | 11.4M | 29.2M | 33.3M | 103.0M | 171.0M | 226.0M |
| Intangible Assets | 79.3M | 81.5M | 84.4M | 87.2M | 91.3M | 95.6M | 101.0M | 67.6M | 69.1M | 68.1M | 70.6M | 71.7M | 73.5M | 76.1M |
| Long Term Deferred Expenses | 4.2M | 8.1M | 20.1M | 6.7M | 4.3M | 5.2M | 10.6M | 6.2M | 9.1M | 9.6M | 5.3M | 7.2M | 7.8M | 11.7M |
| Total Non Current Assets | 716.0M | 722.0M | 737.0M | 787.0M | 785.0M | 803.0M | 808.0M | 668.0M | 695.0M | 664.0M | 645.0M | 649.0M | 637.0M | 560.0M |
| Total Assets | 2.8B | 2.9B | 2.7B | 2.6B | 2.6B | 2.5B | 2.4B | 2.2B | 2.0B | 1.9B | 1.6B | 1.5B | 1.5B | 1.5B |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 550.0M | 600.0M | 730.0M | 679.0M |
| Accounts Payable | 300.0M | 257.0M | 162.0M | 193.0M | 166.0M | 121.0M | 163.0M | 121.0M | 74.1M | 104.0M | 87.7M | 93.1M | 71.7M | 110.0M |
| Advance Receipts | 2.2M | 1.4M | 1.5M | 1.4M | 743,200 | 15.3M | 10.6M | 7.5M | 9.7M | 15.5M | 18.0M | 14.3M | 6.0M | 7.2M |
| Contract Liabilities | 19.8M | 19.0M | 21.4M | 21.5M | 23.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 677.0M | 626.0M | 477.0M | 521.0M | 479.0M | 514.0M | 491.0M | 342.0M | 273.0M | 319.0M | 854.0M | 857.0M | 954.0M | 940.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 107.0M |
| Total Non Current Liabilities | 108.0M | 82.5M | 70.7M | 94.3M | 63.5M | 69.5M | 75.2M | 47.6M | 48.8M | 50.1M | 48.6M | 50.1M | 50.1M | 158.0M |
| Total Liabilities | 784.0M | 709.0M | 548.0M | 615.0M | 542.0M | 584.0M | 566.0M | 390.0M | 322.0M | 369.0M | 903.0M | 907.0M | 1.0B | 1.1B |
| Paid In Capital | 410.0M | 410.0M | 410.0M | 410.0M | 411.0M | 412.0M | 389.0M | 389.0M | 216.0M | 216.0M | 162.0M | 162.0M | 162.0M | 162.0M |
| Capital Reserve | 787.0M | 787.0M | 782.0M | 780.0M | 772.0M | 741.0M | 629.0M | 629.0M | 802.0M | 802.0M | 195.0M | 195.0M | 195.0M | 195.0M |
| Surplus Reserve | 205.0M | 205.0M | 203.0M | 189.0M | 160.0M | 140.0M | 119.0M | 89.4M | 73.0M | 60.6M | 46.4M | 33.1M | 18.9M | 11.3M |
| Retained Earnings | 530.0M | 615.0M | 642.0M | 521.0M | 684.0M | 657.0M | 671.0M | 652.0M | 532.0M | 426.0M | 315.0M | 228.0M | 158.0M | 65.0M |
| Minority Equity | 130.0M | 123.0M | 125.0M | 101.0M | 85.8M | 71.4M | 51.9M | 50.0M | 32.3M | 10.5M | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 2.0B | 2.0B | 1.9B | 2.0B | 1.9B | 1.8B | 1.8B | 1.6B | 1.5B | 719.0M | 618.0M | 534.0M | 433.0M |
| Total Equity | 2.1B | 2.1B | 2.2B | 2.0B | 2.1B | 1.9B | 1.9B | 1.8B | 1.7B | 1.5B | 719.0M | 618.0M | 534.0M | 433.0M |
| 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 | 3.2B | 3.1B | 2.7B | 3.0B | 2.5B | 2.8B | 2.6B | 2.4B | 2.3B | 2.1B | 1.8B | 1.7B | 1.5B | 1.3B |
| Tax Refunds Received | 482,100 | 1.7M | 3.1M | 3,600 | 37,000 | 1.8M | 187,500 | -- | -- | 1.0M | 1.0M | 4.1M | 326,800 | 4.5M |
| Total Operating Cash Inflow | 3.3B | 3.2B | 2.8B | 3.0B | 2.6B | 2.9B | 2.7B | 2.5B | 2.4B | 2.2B | 1.9B | 1.7B | 1.5B | 1.4B |
| Cash Paid For Goods | 913.0M | 727.0M | 788.0M | 961.0M | 664.0M | 852.0M | 858.0M | 397.0M | 587.0M | 452.0M | 418.0M | 308.0M | 360.0M | 540.0M |
| Cash Paid To Employees | 925.0M | 847.0M | 747.0M | 677.0M | 663.0M | 754.0M | 794.0M | 692.0M | 833.0M | 746.0M | 622.0M | 556.0M | 510.0M | 462.0M |
| Taxes Paid | 306.0M | 354.0M | 269.0M | 325.0M | 276.0M | 309.0M | 327.0M | 390.0M | 291.0M | 328.0M | 275.0M | 257.0M | 208.0M | 168.0M |
| Total Operating Cash Outflow | 3.1B | 2.8B | 2.5B | 2.6B | 2.2B | 2.6B | 2.6B | 2.0B | 2.2B | 2.0B | 1.7B | 1.4B | 1.4B | 1.5B |
| Operating Cash Flow | 214.0M | 416.0M | 326.0M | 424.0M | 404.0M | 265.0M | 130.0M | 482.0M | 213.0M | 225.0M | 188.0M | 264.0M | 150.0M | -122.0M |
| Total Investing Cash Inflow | 271,600 | 123,300 | 3.1M | 689,600 | 764,600 | 3.5M | 1.4B | 192.0M | 2.7M | 1.7M | 87,400 | 485,800 | 59.1M | 109.0M |
| Total Investing Cash Outflow | 27.9M | 33.7M | 63.1M | 18.7M | 52.1M | 66.6M | 1.3B | 407.0M | 104.0M | 91.9M | 43.6M | 44.0M | 119.0M | 218.0M |
| Investing Cash Flow | -27.7M | -33.5M | -60.0M | -18.0M | -51.3M | -63.1M | 53.7M | -215.0M | -101.0M | -90.2M | -43.5M | -43.5M | -60.2M | -109.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 20,000 | 230.0M | 900.0M | 690.0M | 1.3B | 1.1B |
| Dividends And Interest Paid | 181.0M | 233.0M | -- | 449.0M | 184.0M | 203.0M | 153.0M | 93.8M | 64.8M | 61.8M | 71.1M | 64.3M | 61.0M | 75.4M |
| Debt Repayments | -- | -- | -- | -- | -- | -- | -- | -- | 20,000 | 780.0M | 950.0M | 820.0M | 1.3B | 730.0M |
| Total Financing Cash Inflow | 2.6M | 520,800 | 3.2M | 14.9M | 7.5M | 114.0M | 8.0M | 7.5M | 7.0M | 914.0M | 900.0M | 690.0M | 1.3B | 1.1B |
| Total Financing Cash Outflow | 253.0M | 291.0M | 49.7M | 498.0M | 186.0M | 251.0M | 153.0M | 93.8M | 64.8M | 851.0M | 1.0B | 884.0M | 1.4B | 808.0M |
| Financing Cash Flow | -250.0M | -290.0M | -46.5M | -483.0M | -178.0M | -137.0M | -145.0M | -86.3M | -57.8M | 63.0M | -121.0M | -194.0M | -117.0M | 312.0M |
| Net Change In Cash | -70.4M | 94.6M | 222.0M | -78.8M | 174.0M | 65.1M | 38.4M | 180.0M | 54.1M | 198.0M | 23.9M | 25.3M | -28.0M | 80.6M |
| Ending Cash Balance | 1.0B | 1.1B | 1.0B | 804.0M | 882.0M | 708.0M | 643.0M | 605.0M | 424.0M | 370.0M | 172.0M | 148.0M | 123.0M | 151.0M |
| Capex | 27.9M | 33.5M | 63.0M | 18.5M | 52.0M | 60.5M | 65.1M | 46.9M | 104.0M | 91.9M | 43.6M | 44.0M | 119.0M | 218.0M |