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 | 675.0M | 761.0M | 938.0M | 1.6B | 1.3B | 1.2B | 932.0M | 631.0M | 437.0M | 449.0M | 543.0M | 530.0M | 401.0M | 420.0M |
| Revenue Growth % | -11.3% | -18.9% | -39.6% | 16.1% | 15.5% | 24.2% | 47.7% | 44.4% | -2.7% | -17.3% | 2.5% | 32.2% | -4.5% | -- |
| Total Revenue | 675.0M | 761.0M | 938.0M | 1.6B | 1.3B | 1.2B | 932.0M | 631.0M | 437.0M | 449.0M | 543.0M | 530.0M | 401.0M | 420.0M |
| Cost Of Revenue | 478.0M | 511.0M | 677.0M | 1.2B | 965.0M | 770.0M | 678.0M | 462.0M | 295.0M | 287.0M | 379.0M | 387.0M | 282.0M | 303.0M |
| Gross Profit | 197.0M | 250.0M | 261.0M | 394.0M | 372.0M | 388.0M | 254.0M | 169.0M | 142.0M | 162.0M | 164.0M | 143.0M | 119.0M | 117.0M |
| Gross Margin % | 29.2% | 32.9% | 27.8% | 25.4% | 27.8% | 33.5% | 27.3% | 26.8% | 32.5% | 36.1% | 30.2% | 27.0% | 29.7% | 27.9% |
| Total Operating Cost | 630.0M | 672.0M | 858.0M | 1.5B | 1.2B | 1.0B | 851.0M | 543.0M | 363.0M | 356.0M | 453.0M | 465.0M | 351.0M | 366.0M |
| Selling Expenses | 49.3M | 65.4M | 79.9M | 106.0M | 90.4M | 117.0M | 68.3M | 42.6M | 33.6M | 36.0M | 36.8M | 36.9M | 34.2M | 32.3M |
| Admin Expenses | 49.0M | 52.9M | 62.6M | 93.2M | 89.8M | 83.7M | 82.0M | 42.7M | 31.5M | 27.2M | 26.8M | 27.6M | 22.6M | 19.8M |
| Rd Expenses | 36.1M | 41.4M | 38.3M | 55.2M | 42.8M | 35.8M | 16.3M | 1.5M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -1.8M | -1.4M | 1.0M | 9.2M | -2.1M | -12.1M | -11.0M | -16.2M | -2.5M | 2.8M | 7.4M | 8.5M | 7.5M | 5.4M |
| Operating Income | 59.8M | 97.0M | 90.7M | 101.0M | 137.0M | 155.0M | 89.4M | 89.2M | 74.1M | 92.7M | 90.0M | 65.0M | 50.4M | 54.2M |
| Operating Margin % | 8.9% | 12.7% | 9.7% | 6.5% | 10.2% | 13.4% | 9.6% | 14.1% | 17.0% | 20.7% | 16.6% | 12.3% | 12.6% | 12.9% |
| Non Operating Income | 1.3M | 5.0M | 18.0M | 32.0M | 29.2M | 2.9M | 1.3M | 9.4M | 6.0M | 4.9M | 6.3M | 4.8M | 2.4M | 1.6M |
| Non Operating Expenses | 359,800 | 3.4M | 4.2M | 3.6M | 1.7M | 1.3M | 1.6M | 3.0M | 1.3M | 548,100 | 1.7M | 946,900 | 555,600 | 389,900 |
| Investment Income | 8.4M | 1.9M | -- | -- | -- | -- | 6.6M | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 898,000 | -85,600 | 7.4M | 4.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 138,400 | 620,000 | 305,500 | -49,400 | 60,800 | -581,600 | 329,800 | -89,100 | -122,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.6M | -- | -- | -- | -- | -- | 12.4M | 6.2M | 2.0M | 710,000 | 423,400 | 2.4M | 2.3M | 3.0M |
| Other Income | 4.6M | 6.0M | 3.0M | 2.5M | 1.7M | 1.7M | 2.1M | 1.4M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 60.7M | 98.6M | 104.0M | 129.0M | 165.0M | 156.0M | 89.1M | 95.6M | 78.8M | 97.0M | 94.5M | 68.9M | 52.2M | 55.4M |
| Income Tax | 12.0M | 13.1M | 14.5M | 16.7M | 22.8M | 28.1M | 20.8M | 15.0M | 12.6M | 14.4M | 13.8M | 8.9M | 7.1M | 23.1M |
| Net Income | 48.8M | 85.5M | 89.9M | 113.0M | 142.0M | 128.0M | 68.3M | 80.6M | 66.1M | 82.6M | 80.7M | 60.0M | 45.1M | 32.4M |
| Net Margin % | 7.2% | 11.2% | 9.6% | 7.3% | 10.6% | 11.1% | 7.3% | 12.8% | 15.1% | 18.4% | 14.9% | 11.3% | 11.3% | 7.7% |
| Net Income Attributable | 48.8M | 85.5M | 89.9M | 113.0M | 142.0M | 128.0M | 68.3M | 80.6M | 66.1M | 82.6M | 80.7M | 60.0M | 45.1M | 32.4M |
| Eps Basic | 0.23 | 0.41 | 0.43 | 0.55 | 0.70 | 0.63 | 0.57 | 0.67 | 0.66 | 1.38 | 1.35 | 1.00 | 0.75 | 0.54 |
| Eps Diluted | 0.20 | 0.40 | 0.43 | 0.54 | 0.70 | 0.62 | 0.57 | 0.67 | 0.66 | 1.38 | 1.35 | 1.00 | 0.75 | 0.54 |
| 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 | 297.0M | 596.0M | 305.0M | 469.0M | 135.0M | 302.0M | 268.0M | 476.0M | 211.0M | 64.9M | 60.2M | 65.1M | 56.1M | 85.3M |
| Trading Financial Assets | 363.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 615.0M | 676.0M | 796.0M | 1.1B | 865.0M | 648.0M | 476.0M | 340.0M | 231.0M | 215.0M | 235.0M | 213.0M | 178.0M | 159.0M |
| Notes Receivable | 38.1M | 24.8M | 52.2M | 98.1M | 20.8M | 11.7M | 326.0M | 220.0M | 112.0M | 86.2M | 49.0M | 37.5M | 14.7M | 6.0M |
| Notes And Accounts Receivable | 654.0M | 700.0M | 849.0M | 1.2B | 886.0M | 659.0M | 802.0M | 560.0M | 343.0M | 301.0M | 284.0M | 250.0M | 193.0M | 165.0M |
| Prepayments | 27.6M | 20.2M | 31.7M | 9.3M | 36.5M | 26.4M | 17.3M | 6.6M | 8.0M | 2.8M | 4.2M | 5.7M | 5.7M | 3.2M |
| Inventory | 53.3M | 54.6M | 65.0M | 77.3M | 70.2M | 54.0M | 49.2M | 40.4M | 28.1M | 23.6M | 32.9M | 42.4M | 34.9M | 27.9M |
| Total Current Assets | 1.6B | 1.6B | 1.6B | 2.1B | 1.7B | 1.5B | 1.2B | 1.1B | 914.0M | 396.0M | 386.0M | 365.0M | 290.0M | 283.0M |
| Fixed Assets | -- | 139.0M | 158.0M | 185.0M | 194.0M | 141.0M | 87.7M | 84.5M | 80.3M | 71.1M | 75.5M | 70.9M | 70.6M | 41.8M |
| Fixed Assets Total | 280.0M | 139.0M | 158.0M | 185.0M | 194.0M | 141.0M | 87.7M | 84.5M | 80.3M | 71.1M | 75.5M | 70.9M | 70.6M | 41.8M |
| Construction In Progress | -- | 480.0M | 119.0M | 23.4M | 1.2M | 832,000 | 22.0M | 1.9M | 586,200 | 9.3M | 3.9M | 88,000 | 32,500 | 15.6M |
| Construction In Progress Total | 561.0M | 480.0M | 119.0M | 23.4M | 1.2M | 832,000 | 22.0M | 1.9M | 650,500 | 9.3M | 4.1M | 88,000 | 32,500 | 15.6M |
| Intangible Assets | 79.0M | 81.1M | 82.8M | 80.6M | 19.4M | 19.7M | 20.2M | 20.7M | 21.5M | 20.6M | 21.2M | 22.0M | 22.8M | 23.4M |
| Long Term Deferred Expenses | 2.2M | 2.4M | 464,600 | 518,800 | 573,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 955.0M | 798.0M | 456.0M | 340.0M | 238.0M | 180.0M | 171.0M | 126.0M | 105.0M | 107.0M | 104.0M | 96.1M | 95.8M | 82.9M |
| Total Assets | 2.6B | 2.4B | 2.0B | 2.4B | 2.0B | 1.7B | 1.4B | 1.2B | 1.0B | 503.0M | 490.0M | 461.0M | 386.0M | 366.0M |
| Short Term Borrowings | -- | -- | 20.1M | 265.0M | 60.2M | 170.0M | 80.0M | -- | -- | 9.1M | 40.7M | 66.1M | 51.8M | 53.0M |
| Accounts Payable | 66.7M | 68.0M | 32.7M | 111.0M | 63.6M | 51.9M | 31.8M | 37.3M | 23.4M | 28.4M | 39.3M | 67.4M | 39.1M | 32.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.7M | 3.5M | 2.2M | 1.7M | 747,000 | 2.1M | 130,700 | 2.2M | 1.7M |
| Contract Liabilities | 2.0M | 1.4M | 5.0M | 11.7M | 8.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 298.0M | 253.0M | 397.0M | 966.0M | 656.0M | 528.0M | 384.0M | 294.0M | 132.0M | 78.2M | 139.0M | 184.0M | 159.0M | 165.0M |
| Long Term Borrowings | 347.0M | 276.0M | 85.6M | 40.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 20.0M |
| Total Non Current Liabilities | 619.0M | 536.0M | 94.0M | 44.3M | 196,400 | 353,600 | 510,700 | 667,900 | 825,000 | 982,100 | 1.1M | 1.3M | 925,000 | 20.0M |
| Total Liabilities | 917.0M | 789.0M | 491.0M | 1.0B | 656.0M | 529.0M | 385.0M | 295.0M | 133.0M | 79.1M | 140.0M | 185.0M | 160.0M | 185.0M |
| Paid In Capital | 210.0M | 210.0M | 209.0M | 207.0M | 207.0M | 120.0M | 126.0M | 125.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 436.0M | 436.0M | 426.0M | 409.0M | 402.0M | 455.0M | 545.0M | 494.0M | 435.0M | 58.8M | 58.8M | 58.8M | 58.8M | 58.8M |
| Surplus Reserve | 83.2M | 81.1M | 74.9M | 68.9M | 60.3M | 49.9M | 41.8M | 37.1M | 30.5M | 25.6M | 19.7M | 13.9M | 9.8M | 6.2M |
| Retained Earnings | 880.0M | 865.0M | 807.0M | 744.0M | 640.0M | 536.0M | 431.0M | 391.0M | 341.0M | 280.0M | 211.0M | 143.0M | 97.1M | 55.5M |
| Equity Attributable | 1.7B | 1.7B | 1.5B | 1.4B | 1.3B | 1.2B | 1.0B | 954.0M | 886.0M | 424.0M | 350.0M | 276.0M | 226.0M | 181.0M |
| Total Equity | 1.7B | 1.7B | 1.5B | 1.4B | 1.3B | 1.2B | 1.0B | 954.0M | 886.0M | 424.0M | 350.0M | 276.0M | 226.0M | 181.0M |
| 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 | 752.0M | 935.0M | 1.3B | 1.5B | 988.0M | 862.0M | 680.0M | 363.0M | 337.0M | 330.0M | 370.0M | 355.0M | 438.0M | 430.0M |
| Tax Refunds Received | 33.9M | -- | 351,600 | 808,200 | 580,000 | 177,100 | -- | -- | 158,500 | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 797.0M | 949.0M | 1.3B | 1.5B | 997.0M | 870.0M | 699.0M | 392.0M | 344.0M | 335.0M | 376.0M | 360.0M | 442.0M | 432.0M |
| Cash Paid For Goods | 426.0M | 568.0M | 884.0M | 971.0M | 711.0M | 666.0M | 556.0M | 317.0M | 137.0M | 156.0M | 211.0M | 210.0M | 317.0M | 335.0M |
| Cash Paid To Employees | 94.7M | 109.0M | 130.0M | 170.0M | 142.0M | 99.6M | 54.1M | 40.5M | 37.3M | 34.5M | 30.4M | 31.9M | 23.0M | 14.9M |
| Taxes Paid | 36.6M | 54.7M | 50.0M | 85.3M | 82.1M | 77.4M | 60.8M | 45.4M | 40.0M | 46.8M | 44.7M | 38.0M | 47.5M | 26.1M |
| Total Operating Cash Outflow | 621.0M | 791.0M | 1.2B | 1.4B | 1.1B | 935.0M | 739.0M | 445.0M | 254.0M | 271.0M | 323.0M | 317.0M | 427.0M | 416.0M |
| Operating Cash Flow | 176.0M | 158.0M | 127.0M | 110.0M | -60.0M | -65.1M | -39.7M | -53.2M | 90.2M | 63.9M | 52.5M | 43.5M | 15.5M | 16.1M |
| Total Investing Cash Inflow | 2.9B | 740.0M | 376.0M | 76.5M | 645.0M | 640.0M | 1.1B | 318.0M | 143,000 | 270,500 | 524,200 | 903,200 | 365,900 | 205,600 |
| Total Investing Cash Outflow | 3.5B | 1.1B | 473.0M | 139.0M | 640.0M | 601.0M | 1.3B | 68.6M | 328.0M | 18.6M | 21.8M | 11.9M | 17.9M | 37.9M |
| Investing Cash Flow | -524.0M | -333.0M | -97.7M | -62.0M | 5.3M | 38.8M | -131.0M | 249.0M | -328.0M | -18.3M | -21.3M | -11.0M | -17.5M | -37.7M |
| Cash From Borrowings | 95.5M | 563.0M | 103.0M | 358.0M | 126.0M | 170.0M | 80.0M | -- | 9.5M | 9.1M | 65.3M | 86.8M | 73.8M | 88.9M |
| Dividends And Interest Paid | 45.7M | 21.9M | 27.7M | 8.2M | 33.4M | 29.8M | 24.3M | 24.0M | 152,600 | 9.3M | 10.7M | 15.7M | 25.9M | 4.5M |
| Debt Repayments | 29.9M | 85.5M | 285.0M | 63.0M | 230.0M | 80.0M | -- | -- | 18.6M | 40.7M | 90.8M | 92.5M | 75.0M | 40.0M |
| Total Financing Cash Inflow | 95.5M | 576.0M | 123.0M | 390.0M | 191.0M | 233.0M | 95.2M | 102.0M | 413.0M | 19.5M | 65.3M | 87.6M | 73.8M | 90.3M |
| Total Financing Cash Outflow | 78.4M | 111.0M | 317.0M | 74.2M | 319.0M | 155.0M | 152.0M | 24.0M | 47.8M | 50.0M | 107.0M | 110.0M | 105.0M | 45.3M |
| Financing Cash Flow | 17.1M | 466.0M | -194.0M | 316.0M | -128.0M | 78.0M | -56.8M | 78.1M | 365.0M | -30.5M | -41.2M | -22.7M | -31.4M | 45.0M |
| Net Change In Cash | -331.0M | 291.0M | -164.0M | 364.0M | -183.0M | 51.6M | -228.0M | 274.0M | 127.0M | 15.2M | -9.9M | 9.8M | -33.5M | 23.4M |
| Ending Cash Balance | 265.0M | 596.0M | 305.0M | 469.0M | 105.0M | 288.0M | 236.0M | 464.0M | 190.0M | 62.7M | 47.5M | 57.4M | 47.6M | 81.2M |
| Capex | 158.0M | 338.0M | 127.0M | 119.0M | 79.1M | 46.4M | 41.4M | 21.6M | 11.1M | 18.6M | 21.8M | 11.9M | 17.9M | 37.9M |