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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 652.0M | 667.0M | 857.0M | 725.0M | 603.0M | 553.0M | 489.0M | 380.0M | 452.0M | 347.0M | 291.0M | 221.0M |
| Revenue Growth % | -2.2% | -22.2% | 18.2% | 20.2% | 9.0% | 13.1% | 28.7% | -15.9% | 30.3% | 19.2% | 31.7% | -- |
| Total Revenue | 652.0M | 667.0M | 857.0M | 725.0M | 603.0M | 553.0M | 489.0M | 380.0M | 452.0M | 347.0M | 291.0M | 221.0M |
| Cost Of Revenue | 205.0M | 326.0M | 481.0M | 465.0M | 386.0M | 371.0M | 333.0M | 109.0M | 132.0M | 107.0M | 102.0M | 90.8M |
| Gross Profit | 447.0M | 341.0M | 376.0M | 260.0M | 217.0M | 182.0M | 156.0M | 271.0M | 320.0M | 240.0M | 189.0M | 130.2M |
| Gross Margin % | 68.6% | 51.1% | 43.9% | 35.9% | 36.0% | 32.9% | 31.9% | 71.3% | 70.8% | 69.2% | 64.9% | 58.9% |
| Total Operating Cost | 624.0M | 659.0M | 826.0M | 700.0M | 581.0M | 533.0M | 491.0M | 338.0M | 405.0M | 302.0M | 261.0M | 207.0M |
| Selling Expenses | 341.0M | 247.0M | 271.0M | 173.0M | 143.0M | 111.0M | 99.0M | 182.0M | 215.0M | 156.0M | 123.0M | 82.6M |
| Admin Expenses | 49.4M | 51.0M | 47.2M | 45.9M | 35.4M | 36.5M | 33.0M | 32.3M | 40.2M | 31.9M | 28.6M | 32.7M |
| Rd Expenses | 15.5M | 13.7M | 13.4M | 11.4M | 6.8M | 5.0M | 16.4M | 3.6M | -- | -- | -- | -- |
| Finance Expenses | -1.2M | -1.5M | -1.6M | -1.1M | 663,400 | 2.2M | 839,800 | -217,100 | 4.9M | 1.1M | 1.5M | -217,200 |
| Operating Income | 61.5M | 23.5M | 55.7M | 48.6M | 43.1M | 47.7M | 26.9M | 65.1M | 47.2M | 45.5M | 30.0M | 14.2M |
| Operating Margin % | 9.4% | 3.5% | 6.5% | 6.7% | 7.2% | 8.6% | 5.5% | 17.1% | 10.4% | 13.1% | 10.3% | 6.4% |
| Non Operating Income | 911,900 | 1.2M | 1.8M | 3.1M | 5.8M | 1.9M | 2.6M | 3.2M | 16.5M | 11.7M | 12.6M | 13.1M |
| Non Operating Expenses | 2.0M | 1.1M | 824,800 | 1.7M | 1.6M | 1.9M | 513,500 | 400,700 | 486,800 | 1.1M | 51,000 | 1.1M |
| Investment Income | 3.5M | 2.3M | 1.5M | 906,900 | 546,600 | 1.1M | 3.3M | 2.7M | 36,600 | 849,900 | 405,000 | 29,400 |
| Asset Disposal Income | -44,900 | 30,700 | -- | 30,400 | -121,600 | -- | 652,000 | 98,100 | -700.00 | -- | -- | -- |
| Asset Impairment Loss | 291,100 | 19.8M | 141,600 | -- | 123,200 | 900.00 | 1.3M | 4.1M | 5.1M | 2.2M | 1.3M | -1.7M |
| Other Income | 29.8M | 13.4M | 23.3M | 22.5M | 21.5M | 25.9M | 25.0M | 19.8M | -- | -- | -- | -- |
| Income Before Tax | 60.4M | 23.6M | 56.7M | 50.0M | 47.3M | 47.7M | 29.0M | 67.9M | 63.2M | 56.1M | 42.5M | 26.2M |
| Income Tax | 12.9M | 7.9M | 10.6M | 6.5M | 6.3M | 10.4M | 3.7M | 7.4M | 7.8M | 6.1M | 8.7M | 4.4M |
| Net Income | 47.5M | 15.7M | 46.1M | 43.5M | 41.1M | 37.3M | 25.3M | 60.5M | 55.4M | 50.0M | 33.9M | 21.8M |
| Net Margin % | 7.3% | 2.4% | 5.4% | 6.0% | 6.8% | 6.8% | 5.2% | 15.9% | 12.2% | 14.4% | 11.6% | 9.9% |
| Net Income Attributable | 45.9M | 15.4M | 44.1M | 42.5M | 41.1M | 37.3M | 25.3M | 60.5M | 55.4M | 50.0M | 32.4M | 19.7M |
| Minority Interest | 1.5M | 339,200 | 2.0M | 996,800 | -- | -- | -- | -- | -- | -- | 1.5M | 2.1M |
| Eps Basic | 0.25 | 0.08 | 0.23 | 0.22 | 0.22 | 0.20 | 0.13 | 0.32 | 0.38 | 0.37 | 0.24 | -- |
| Eps Diluted | 0.25 | 0.08 | 0.23 | 0.22 | 0.22 | 0.20 | 0.13 | 0.32 | 0.38 | 0.37 | 0.24 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 427.0M | 386.0M | 321.0M | 183.0M | 205.0M | 160.0M | 239.0M | 262.0M | 281.0M | 38.1M | 39.1M | 26.5M |
| Trading Financial Assets | -- | -- | -- | -- | -- | 30.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 39.5M | 29.2M | 163.0M | 36.6M | 57.9M | 68.4M | 82.6M | 81.2M | 78.8M | 50.6M | 24.7M | 4.5M |
| Notes Receivable | 12.9M | 9.1M | 7.3M | 7.6M | 25.4M | 4.5M | 1.7M | 5.1M | 13.7M | 2.2M | 6.9M | 2.5M |
| Notes And Accounts Receivable | 52.4M | 38.3M | 170.0M | 44.2M | 83.3M | 72.9M | 84.3M | 86.3M | 92.5M | 52.7M | 31.6M | 7.0M |
| Prepayments | 1.9M | 976,600 | 6.2M | 4.5M | 5.3M | 3.7M | 7.3M | 10.7M | 21.3M | 46.8M | 43.3M | 7.1M |
| Inventory | 41.1M | 59.0M | 45.6M | 33.6M | 20.7M | 29.6M | 28.7M | 34.2M | 36.7M | 46.5M | 30.2M | 27.7M |
| Total Current Assets | 528.0M | 490.0M | 575.0M | 362.0M | 450.0M | 401.0M | 464.0M | 480.0M | 452.0M | 208.0M | 160.0M | 78.1M |
| Long Term Equity Investment | -- | 42.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 349.0M | 365.0M | 377.0M | 359.0M | 205.0M | 192.0M | 171.0M | 138.0M | 135.0M | 24.3M | 26.2M |
| Fixed Assets Total | 345.0M | 349.0M | 365.0M | 377.0M | 359.0M | 205.0M | 192.0M | 171.0M | 138.0M | 135.0M | 24.3M | 26.2M |
| Construction In Progress | -- | -- | -- | 2.4M | 36.7M | 163.0M | 6.8M | 6.5M | 2.0M | 436,600 | 21.1M | 29,100 |
| Construction In Progress Total | -- | -- | -- | 2.4M | 36.7M | 163.0M | 6.8M | 6.5M | 2.0M | 436,600 | 21.1M | 29,100 |
| Intangible Assets | 20.7M | 25.9M | 31.1M | 37.2M | 41.5M | 32.4M | 29.1M | 24.2M | 25.3M | 26.0M | 10.9M | 8.0M |
| Long Term Deferred Expenses | -- | -- | 1.8M | 3.6M | -- | -- | -- | 112,400 | 272,800 | 570,700 | 520,700 | 278,000 |
| Total Non Current Assets | 399.0M | 438.0M | 443.0M | 462.0M | 458.0M | 435.0M | 294.0M | 254.0M | 194.0M | 189.0M | 109.0M | 75.0M |
| Total Assets | 926.0M | 928.0M | 1.0B | 824.0M | 908.0M | 835.0M | 758.0M | 733.0M | 646.0M | 398.0M | 268.0M | 153.0M |
| Short Term Borrowings | 22.8M | 11.0M | 50.1M | -- | 40.0M | 70.0M | 40.0M | -- | 10.0M | 10.0M | 10.0M | -- |
| Accounts Payable | 104.0M | 106.0M | 127.0M | 15.7M | 16.8M | 5.4M | 11.2M | 8.1M | 14.3M | 19.3M | 5.4M | 3.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 5.3M | 7.7M | 48.1M | 21.2M | 31.7M | 46.5M | 20.8M |
| Contract Liabilities | 3.2M | 3.5M | 4.2M | 9.2M | 47.4M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 175.0M | 171.0M | 262.0M | 99.3M | 218.0M | 180.0M | 138.0M | 126.0M | 88.9M | 107.0M | 89.0M | 81.4M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 40.0M | -- | -- |
| Total Non Current Liabilities | 5.8M | 6.6M | 6.3M | 5.0M | 2.7M | 2.9M | 1.9M | 2.6M | 2.0M | 42.0M | 250,000 | -- |
| Total Liabilities | 181.0M | 178.0M | 268.0M | 104.0M | 221.0M | 183.0M | 140.0M | 129.0M | 90.9M | 149.0M | 89.3M | 81.4M |
| Paid In Capital | 191.0M | 191.0M | 191.0M | 191.0M | 192.0M | 193.0M | 190.0M | 190.0M | 190.0M | 142.0M | 135.0M | 50.0M |
| Capital Reserve | 233.0M | 233.0M | 233.0M | 234.0M | 236.0M | 241.0M | 224.0M | 224.0M | 224.0M | 19.7M | 7.9M | -- |
| Surplus Reserve | 21.9M | 20.9M | 20.9M | 20.5M | 19.9M | 19.4M | 17.6M | 16.6M | 11.5M | 6.2M | 2.0M | 799,200 |
| Retained Earnings | 337.0M | 297.0M | 301.0M | 276.0M | 250.0M | 217.0M | 187.0M | 174.0M | 130.0M | 80.0M | 34.2M | 14.2M |
| Minority Equity | 6.6M | 5.0M | 4.7M | 2.7M | -- | -- | -- | -- | -- | -- | -- | 6.6M |
| Equity Attributable | 739.0M | 745.0M | 745.0M | 717.0M | 687.0M | 652.0M | 618.0M | 605.0M | 555.0M | 248.0M | 179.0M | 65.0M |
| Total Equity | 746.0M | 750.0M | 750.0M | 720.0M | 687.0M | 652.0M | 618.0M | 605.0M | 555.0M | 248.0M | 179.0M | 71.7M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 720.0M | 891.0M | 841.0M | 811.0M | 716.0M | 627.0M | 517.0M | 543.0M | 619.0M | 543.0M | 472.0M | 389.0M |
| Tax Refunds Received | -- | -- | -- | -- | 835,900 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 804.0M | 940.0M | 953.0M | 924.0M | 767.0M | 681.0M | 556.0M | 610.0M | 655.0M | 562.0M | 498.0M | 410.0M |
| Cash Paid For Goods | 167.0M | 334.0M | 415.0M | 466.0M | 373.0M | 366.0M | 302.0M | 153.0M | 248.0M | 335.0M | 282.0M | 203.0M |
| Cash Paid To Employees | 69.8M | 75.0M | 72.6M | 59.5M | 40.5M | 38.7M | 50.7M | 67.0M | 70.8M | 59.5M | 57.8M | 30.9M |
| Taxes Paid | 96.4M | 95.3M | 86.8M | 87.0M | 55.6M | 65.9M | 66.5M | 53.6M | 76.6M | 42.2M | 44.6M | 27.3M |
| Total Operating Cash Outflow | 692.0M | 773.0M | 885.0M | 814.0M | 665.0M | 622.0M | 542.0M | 532.0M | 598.0M | 591.0M | 495.0M | 358.0M |
| Operating Cash Flow | 112.0M | 167.0M | 68.5M | 110.0M | 102.0M | 59.2M | 13.3M | 77.3M | 57.2M | -29.7M | 2.2M | 52.2M |
| Total Investing Cash Inflow | 521.0M | 452.0M | 201.0M | 241.0M | 121.0M | 386.0M | 369.0M | 334.0M | 33.0M | 84.1M | 213.0M | 16.6M |
| Total Investing Cash Outflow | 502.0M | 495.0M | 203.0M | 295.0M | 128.0M | 585.0M | 433.0M | 405.0M | 51.5M | 122.0M | 274.0M | 62.1M |
| Investing Cash Flow | 19.0M | -43.0M | -1.7M | -53.7M | -7.8M | -199.0M | -63.5M | -70.8M | -18.5M | -38.0M | -61.3M | -45.6M |
| Cash From Borrowings | 22.8M | 11.0M | 50.0M | -- | 110.0M | 70.0M | 40.0M | -- | 10.0M | 60.0M | 10.0M | -- |
| Dividends And Interest Paid | 6.0M | 20.3M | 19.8M | 16.1M | 9.3M | 8.4M | 12.8M | 11.9M | 3.5M | 766,300 | 3.3M | 1.8M |
| Debt Repayments | 11.0M | 50.0M | -- | 40.0M | 140.0M | 40.0M | -- | 10.0M | 60.0M | 10.0M | 20.0M | -- |
| Total Financing Cash Inflow | 22.8M | 11.0M | 50.0M | -- | 110.0M | 88.1M | 40.0M | 1.1M | 276.0M | 79.1M | 100.0M | 5.0M |
| Total Financing Cash Outflow | 67.1M | 70.3M | 22.4M | 59.2M | 157.0M | 48.4M | 12.8M | 27.3M | 71.7M | 12.4M | 28.3M | 1.8M |
| Financing Cash Flow | -44.3M | -59.3M | 27.6M | -59.2M | -46.8M | 39.7M | 27.2M | -26.2M | 204.0M | 66.7M | 71.7M | 3.2M |
| Net Change In Cash | 86.5M | 64.6M | 94.3M | -3.4M | 47.0M | -100.0M | -22.9M | -19.7M | 243.0M | -980,600 | 12.6M | 9.9M |
| Ending Cash Balance | 427.0M | 341.0M | 276.0M | 182.0M | 185.0M | 138.0M | 239.0M | 262.0M | 281.0M | 38.1M | 39.1M | 26.5M |
| Capex | 12.2M | 3.2M | 3.2M | 25.2M | 38.4M | 170.0M | 67.7M | 74.6M | 18.5M | 44.2M | 45.1M | 28.6M |