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 | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.0B | 864.0M | 690.0M | 527.0M | 450.0M | 366.0M | 297.0M | 294.0M | 253.0M |
| Revenue Growth % | -0.6% | 5.0% | -1.8% | 13.2% | 13.6% | 17.6% | 25.2% | 30.9% | 17.1% | 23.0% | 23.2% | 1.0% | 16.2% | -- |
| Total Revenue | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.0B | 864.0M | 690.0M | 527.0M | 450.0M | 366.0M | 297.0M | 294.0M | 253.0M |
| Cost Of Revenue | 785.0M | 732.0M | 574.0M | 573.0M | 539.0M | 513.0M | 495.0M | 392.0M | 296.0M | 256.0M | 197.0M | 150.0M | 150.0M | 137.0M |
| Gross Profit | 554.0M | 615.0M | 709.0M | 733.0M | 615.0M | 503.0M | 369.0M | 298.0M | 231.0M | 194.0M | 169.0M | 147.0M | 144.0M | 116.0M |
| Gross Margin % | 41.4% | 45.7% | 55.3% | 56.1% | 53.3% | 49.5% | 42.7% | 43.2% | 43.8% | 43.1% | 46.2% | 49.5% | 49.0% | 45.8% |
| Total Operating Cost | 1.3B | 1.2B | 1.1B | 1.1B | 943.0M | 839.0M | 734.0M | 575.0M | 441.0M | 376.0M | 304.0M | 251.0M | 237.0M | 204.0M |
| Selling Expenses | 144.0M | 145.0M | 172.0M | 163.0M | 112.0M | 98.3M | 80.6M | 64.8M | 56.4M | 41.2M | 36.1M | 33.7M | 27.0M | 21.6M |
| Admin Expenses | 108.0M | 121.0M | 126.0M | 130.0M | 96.8M | 112.0M | 95.9M | 70.9M | 84.3M | 72.6M | 61.3M | 56.4M | 48.0M | 35.6M |
| Rd Expenses | 172.0M | 152.0M | 174.0M | 165.0M | 153.0M | 85.4M | 44.8M | 29.9M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -3.4M | -5.0M | -5.1M | -5.2M | -7.8M | -7.4M | -6.4M | -3.0M | -3.8M | -1.7M | -482,500 | 568,600 | 820,900 | 728,600 |
| Operating Income | 82.7M | 188.0M | 207.0M | 254.0M | 237.0M | 198.0M | 149.0M | 121.0M | 84.3M | 72.0M | 63.0M | 52.3M | 57.0M | 49.5M |
| Operating Margin % | 6.2% | 14.0% | 16.1% | 19.4% | 20.5% | 19.5% | 17.2% | 17.5% | 16.0% | 16.0% | 17.2% | 17.6% | 19.4% | 19.6% |
| Non Operating Income | 160,500 | 135,800 | 1.1M | 708,300 | 283,400 | 152,700 | 5.4M | 238,400 | 10.4M | 3.6M | 4.9M | 5.1M | 2.2M | 2.6M |
| Non Operating Expenses | 1.1M | 588,900 | 321,600 | 42,300 | 2.2M | 549,200 | 423,800 | 613,800 | 1.0M | 29,500 | -- | 102,400 | 1.2M | 312,300 |
| Investment Income | 8.3M | 7.9M | 9.7M | 12.7M | 4.7M | 6.6M | -- | -976,200 | -1.7M | -2.1M | 1.1M | 6.1M | -644,300 | 407,200 |
| Fair Value Change Income | -- | -- | -- | -- | 4.4M | 3.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 40,000 | 32,700 | 203,100 | 1,300 | 55,800 | 46,000 | 31,400 | 60,200 | 12,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 55.0M | 30.9M | 19.6M | 21.7M | 24.1M | 14.8M | 16.6M | 14.7M | 4.4M | 4.8M | 7.0M | 4.5M | 4.0M | 3.2M |
| Other Income | 24.1M | 38.0M | 15.6M | 18.2M | 17.1M | 10.8M | 18.5M | 6.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 81.8M | 188.0M | 208.0M | 254.0M | 235.0M | 198.0M | 154.0M | 120.0M | 93.8M | 75.6M | 67.9M | 57.3M | 58.0M | 51.8M |
| Income Tax | -2.7M | 10.6M | 12.6M | 21.3M | 19.4M | 16.5M | 21.1M | 14.6M | 9.4M | 12.4M | 8.8M | 3.7M | 9.8M | 9.3M |
| Net Income | 84.5M | 177.0M | 195.0M | 233.0M | 215.0M | 181.0M | 132.0M | 106.0M | 84.3M | 63.2M | 59.1M | 53.5M | 48.1M | 42.6M |
| Net Margin % | 6.3% | 13.1% | 15.2% | 17.8% | 18.6% | 17.8% | 15.3% | 15.4% | 16.0% | 14.0% | 16.1% | 18.0% | 16.4% | 16.8% |
| Net Income Attributable | 73.3M | 166.0M | 184.0M | 219.0M | 187.0M | 161.0M | 119.0M | 90.8M | 77.3M | 57.2M | 55.8M | 54.1M | 45.0M | 43.2M |
| Minority Interest | 11.2M | 11.0M | 11.2M | 14.5M | 28.6M | 19.8M | 13.8M | 15.0M | 7.1M | 6.0M | 3.3M | -563,700 | 3.2M | -608,300 |
| Eps Basic | 0.18 | 0.41 | 0.45 | 0.54 | 0.59 | 0.51 | 0.53 | 0.57 | 0.48 | 0.95 | 0.93 | 0.90 | 0.75 | 0.72 |
| Eps Diluted | 0.18 | 0.41 | 0.45 | 0.54 | 0.59 | 0.51 | 0.53 | 0.57 | 0.48 | 0.95 | 0.93 | 0.90 | 0.75 | 0.72 |
| 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 | 675.0M | 688.0M | 665.0M | 700.0M | 730.0M | 803.0M | 761.0M | 581.0M | 532.0M | 468.0M | 262.0M | 229.0M | 178.0M | 144.0M |
| Trading Financial Assets | -- | -- | -- | -- | 304.0M | 253.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 498.0M | 596.0M | 521.0M | 417.0M | 337.0M | 273.0M | 186.0M | 139.0M | 87.8M | 65.5M | 51.2M | 56.2M | 62.5M | 59.4M |
| Notes Receivable | 713,300 | 622,000 | 2.6M | 3.5M | 1.1M | 1.6M | 2.9M | -- | 2.2M | -- | -- | 1.2M | -- | -- |
| Notes And Accounts Receivable | 499.0M | 597.0M | 524.0M | 421.0M | 338.0M | 275.0M | 189.0M | 139.0M | 90.0M | 65.5M | 51.2M | 57.4M | 62.5M | 59.4M |
| Prepayments | 26.6M | 22.0M | 14.4M | 14.6M | 10.1M | 7.9M | 12.3M | 5.8M | 7.6M | 9.4M | 8.4M | 8.0M | 4.0M | 3.5M |
| Inventory | 250.0M | 325.0M | 272.0M | 246.0M | 262.0M | 287.0M | 316.0M | 338.0M | 300.0M | 253.0M | 227.0M | 188.0M | 171.0M | 109.0M |
| Total Current Assets | 2.0B | 2.1B | 2.0B | 2.0B | 1.8B | 1.7B | 1.6B | 1.1B | 982.0M | 833.0M | 580.0M | 503.0M | 431.0M | 341.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | 4.1M | 5.8M | 7.8M | 6.7M | 7.6M | 8.2M |
| Fixed Assets | -- | 119.0M | 122.0M | 134.0M | 117.0M | 93.4M | 94.6M | 73.8M | 61.8M | 45.1M | 41.4M | 38.8M | 37.3M | 42.1M |
| Fixed Assets Total | 110.0M | 119.0M | 122.0M | 134.0M | 117.0M | 93.4M | 94.6M | 73.8M | 61.8M | 45.1M | 41.4M | 38.8M | 37.3M | 42.1M |
| Construction In Progress | -- | -- | -- | 80,000 | -- | -- | -- | 5.9M | 342,600 | -- | 110,900 | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | 80,000 | -- | -- | -- | 5.9M | 342,600 | -- | 110,900 | -- | -- | -- |
| Intangible Assets | 296.0M | 267.0M | 167.0M | 144.0M | 119.0M | 120.0M | 121.0M | 48.1M | 38.7M | 32.6M | 34.0M | 34.5M | 15.5M | 14.7M |
| Long Term Deferred Expenses | 3.9M | 8.1M | 12.3M | 5.2M | 3.7M | 3.1M | 4.7M | 4.0M | 2.5M | 670,300 | 632,900 | 672,800 | 128,000 | 257,500 |
| Total Non Current Assets | 651.0M | 611.0M | 532.0M | 473.0M | 402.0M | 366.0M | 346.0M | 179.0M | 139.0M | 111.0M | 109.0M | 107.0M | 85.9M | 85.6M |
| Total Assets | 2.7B | 2.7B | 2.5B | 2.4B | 2.2B | 2.0B | 2.0B | 1.3B | 1.1B | 944.0M | 690.0M | 610.0M | 517.0M | 427.0M |
| Short Term Borrowings | -- | 1.7M | -- | -- | -- | -- | -- | -- | -- | -- | 15.0M | 15.0M | 15.0M | 35.0M |
| Accounts Payable | 195.0M | 180.0M | 145.0M | 117.0M | 105.0M | 95.9M | 68.0M | 86.2M | 33.8M | 38.0M | 32.8M | 30.8M | 49.1M | 38.8M |
| Advance Receipts | 151,200 | 270,600 | 4,300 | 4,100 | -- | 504.0M | 512.0M | 463.0M | 417.0M | 357.0M | 305.0M | 247.0M | 169.0M | 126.0M |
| Contract Liabilities | 507.0M | 526.0M | 471.0M | 547.0M | 546.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 837.0M | 874.0M | 791.0M | 820.0M | 795.0M | 747.0M | 716.0M | 620.0M | 506.0M | 448.0M | 389.0M | 327.0M | 272.0M | 230.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 75.0M | 75.0M | 75.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 47.5M | 61.9M | 60.1M | 63.5M | 57.0M | 49.8M | 126.0M | 100.0M | 95.0M | 21.3M | 17.1M | 19.2M | 20.9M | 11.7M |
| Total Liabilities | 884.0M | 936.0M | 851.0M | 884.0M | 852.0M | 796.0M | 842.0M | 720.0M | 601.0M | 469.0M | 407.0M | 346.0M | 293.0M | 242.0M |
| Paid In Capital | 408.0M | 408.0M | 408.0M | 314.0M | 314.0M | 224.0M | 173.0M | 160.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 314.0M | 314.0M | 314.0M | 408.0M | 407.0M | 494.0M | 545.0M | 122.0M | 202.0M | 202.0M | 33.0M | 33.0M | 33.0M | 33.0M |
| Surplus Reserve | 129.0M | 127.0M | 117.0M | 102.0M | 81.1M | 67.3M | 54.4M | 45.4M | 37.6M | 30.2M | 25.3M | 19.9M | 14.6M | 9.8M |
| Retained Earnings | 820.0M | 798.0M | 704.0M | 598.0M | 447.0M | 353.0M | 247.0M | 181.0M | 138.0M | 108.0M | 115.0M | 105.0M | 76.2M | 46.1M |
| Minority Equity | 137.0M | 126.0M | 140.0M | 129.0M | 121.0M | 111.0M | 95.0M | 69.9M | 61.8M | 55.3M | 49.4M | 46.1M | 40.3M | 36.2M |
| Equity Attributable | 1.7B | 1.6B | 1.5B | 1.4B | 1.2B | 1.1B | 1.0B | 508.0M | 457.0M | 420.0M | 234.0M | 218.0M | 184.0M | 149.0M |
| Total Equity | 1.8B | 1.8B | 1.7B | 1.6B | 1.4B | 1.2B | 1.1B | 578.0M | 519.0M | 475.0M | 283.0M | 264.0M | 224.0M | 185.0M |
| 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 | 1.5B | 1.4B | 1.1B | 1.3B | 1.1B | 974.0M | 923.0M | 742.0M | 609.0M | 529.0M | 461.0M | 405.0M | 347.0M | 286.0M |
| Tax Refunds Received | 2.9M | 2.5M | 2.9M | 1.8M | 1.9M | 1.5M | 1.6M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.6B | 1.5B | 1.2B | 1.3B | 1.1B | 991.0M | 981.0M | 764.0M | 625.0M | 541.0M | 467.0M | 416.0M | 368.0M | 298.0M |
| Cash Paid For Goods | 345.0M | 371.0M | 304.0M | 313.0M | 246.0M | 253.0M | 323.0M | 219.0M | 240.0M | 197.0M | 171.0M | 166.0M | 168.0M | 140.0M |
| Cash Paid To Employees | 656.0M | 663.0M | 646.0M | 547.0M | 458.0M | 393.0M | 274.0M | 255.0M | 200.0M | 144.0M | 125.0M | 97.2M | 78.8M | 51.4M |
| Taxes Paid | 83.2M | 82.9M | 76.9M | 108.0M | 80.7M | 68.1M | 61.4M | 58.9M | 38.2M | 33.9M | 22.0M | 23.5M | 22.5M | 13.6M |
| Total Operating Cash Outflow | 1.3B | 1.3B | 1.1B | 1.1B | 898.0M | 820.0M | 760.0M | 625.0M | 547.0M | 446.0M | 379.0M | 343.0M | 312.0M | 240.0M |
| Operating Cash Flow | 295.0M | 188.0M | 37.6M | 202.0M | 208.0M | 171.0M | 221.0M | 139.0M | 78.6M | 94.9M | 89.0M | 72.5M | 55.8M | 58.0M |
| Total Investing Cash Inflow | 394.0M | 431.0M | 510.0M | 646.0M | 387.0M | 417.0M | 62,900 | 13.2M | 23,500 | 73,800 | 1,840 | 6.2M | 8.5M | 5.7M |
| Total Investing Cash Outflow | 662.0M | 494.0M | 538.0M | 823.0M | 604.0M | 434.0M | 430.0M | 52.1M | 50.4M | 12.2M | 12.5M | 12.8M | 3.7M | 39.2M |
| Investing Cash Flow | -268.0M | -63.6M | -28.0M | -177.0M | -217.0M | -17.5M | -430.0M | -39.0M | -50.3M | -12.1M | -12.5M | -6.6M | 4.8M | -33.5M |
| Cash From Borrowings | -- | 1.7M | -- | -- | -- | -- | -- | -- | 75.0M | -- | 15.0M | 15.0M | 15.0M | 42.4M |
| Dividends And Interest Paid | 50.0M | 40.8M | 62.8M | 57.8M | 52.2M | 47.4M | 50.3M | 47.9M | 41.2M | 60.8M | 40.9M | 20.6M | 11.1M | 34.0M |
| Debt Repayments | -- | -- | -- | -- | -- | 75.0M | -- | -- | -- | 15.0M | 15.0M | 15.0M | 35.0M | 15.0M |
| Total Financing Cash Inflow | 1.2M | 1.7M | -- | 9.6M | 500,000 | -- | 441.0M | -- | 75.4M | 200.0M | 15.0M | 21.3M | 16.0M | 67.9M |
| Total Financing Cash Outflow | 62.7M | 82.0M | 74.1M | 71.1M | 58.2M | 122.0M | 51.7M | 47.9M | 46.2M | 75.8M | 55.9M | 35.6M | 46.1M | 49.0M |
| Financing Cash Flow | -61.5M | -80.3M | -74.1M | -61.5M | -57.7M | -122.0M | 389.0M | -47.9M | 29.2M | 124.0M | -40.9M | -14.3M | -30.2M | 18.9M |
| Net Change In Cash | -33.7M | 44.5M | -64.5M | -36.2M | -67.4M | 30.8M | 180.0M | 52.3M | 57.4M | 207.0M | 35.6M | 51.6M | 30.4M | 43.4M |
| Ending Cash Balance | 631.0M | 665.0M | 620.0M | 685.0M | 721.0M | 788.0M | 757.0M | 577.0M | 525.0M | 467.0M | 261.0M | 225.0M | 174.0M | 143.0M |
| Capex | 119.0M | 154.0M | 95.8M | 89.8M | 50.9M | 44.9M | 84.5M | 52.1M | 40.4M | 12.2M | 11.0M | 12.8M | 3.7M | 39.2M |