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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 858.0M | 954.0M | 1.1B | 970.0M | 751.0M | 773.0M | 694.0M | 682.0M | 633.0M | 522.0M | 454.0M | 406.0M | 330.0M |
| Revenue Growth % | -10.1% | -12.3% | 12.2% | 29.2% | -2.8% | 11.4% | 1.8% | 7.7% | 21.3% | 15.0% | 11.8% | 23.0% | -- |
| Total Revenue | 858.0M | 954.0M | 1.1B | 970.0M | 751.0M | 773.0M | 694.0M | 682.0M | 633.0M | 522.0M | 454.0M | 406.0M | 330.0M |
| Cost Of Revenue | 228.0M | 219.0M | 247.0M | 201.0M | 165.0M | 163.0M | 146.0M | 133.0M | 115.0M | 85.7M | 81.7M | 85.8M | 78.6M |
| Gross Profit | 630.0M | 735.0M | 841.0M | 769.0M | 586.0M | 610.0M | 548.0M | 549.0M | 518.0M | 436.3M | 372.3M | 320.2M | 251.4M |
| Gross Margin % | 73.4% | 77.0% | 77.3% | 79.3% | 78.0% | 78.9% | 79.0% | 80.5% | 81.8% | 83.6% | 82.0% | 78.9% | 76.2% |
| Total Operating Cost | 819.0M | 868.0M | 972.0M | 862.0M | 671.0M | 696.0M | 632.0M | 612.0M | 572.0M | 479.0M | 420.0M | 393.0M | 305.0M |
| Selling Expenses | 372.0M | 438.0M | 532.0M | 472.0M | 366.0M | 382.0M | 347.0M | 386.0M | 365.0M | 306.0M | 259.0M | 238.0M | 180.0M |
| Admin Expenses | 142.0M | 151.0M | 142.0M | 134.0M | 109.0M | 109.0M | 86.7M | 59.1M | 64.7M | 62.9M | 57.8M | 49.1M | 32.1M |
| Rd Expenses | 40.5M | 38.1M | 21.6M | 20.4M | 13.3M | 21.1M | 31.8M | 23.1M | -- | -- | -- | -- | -- |
| Finance Expenses | 18.2M | 12.0M | 11.2M | 16.9M | 5.6M | 6.1M | 3.5M | 2.7M | 11.7M | 11.6M | 11.4M | 11.7M | 10.1M |
| Operating Income | 63.2M | 93.7M | 122.0M | 117.0M | 86.2M | 83.4M | 74.6M | 74.7M | 61.6M | 43.1M | 34.4M | 13.5M | 25.5M |
| Operating Margin % | 7.4% | 9.8% | 11.2% | 12.1% | 11.5% | 10.8% | 10.7% | 11.0% | 9.7% | 8.3% | 7.6% | 3.3% | 7.7% |
| Non Operating Income | 113,000 | 371,300 | 254,500 | 374,800 | 203,500 | 1.1M | 7.5M | -- | 2.5M | 5.0M | 2.7M | 3.4M | 5.0M |
| Non Operating Expenses | 2.6M | 1.7M | 826,900 | 840,100 | 2.6M | 1.5M | 734,400 | 97,900 | 28,100 | 365,200 | 50,400 | 421,800 | 98,400 |
| Investment Income | -- | -707,200 | -396,100 | -- | -- | 2.0M | 9.1M | 2.3M | -- | 60,000 | 60,000 | 55,000 | 55,000 |
| Fair Value Change Income | 24,300 | -17,200 | 500.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 18.9M | -- | -17,100 | -95,100 | -- | -- | 628,200 | 569,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 3.2M | 630,000 | 368,000 | 83,500 | 531,400 | 439,900 | 3.7M | -3.4M | 2.1M | 4.9M | 2.6M | 2.3M | -817,400 |
| Other Income | 6.1M | 8.8M | 7.0M | 8.8M | 6.2M | 3.6M | 2.5M | 2.2M | -- | -- | -- | -- | -- |
| Income Before Tax | 60.8M | 92.4M | 121.0M | 116.0M | 83.7M | 83.0M | 81.4M | 74.6M | 64.1M | 47.7M | 37.1M | 16.5M | 30.4M |
| Income Tax | 8.4M | 11.5M | 9.8M | 16.9M | 11.2M | 12.2M | 11.0M | 8.5M | 7.0M | 5.7M | 4.0M | 1.4M | 4.0M |
| Net Income | 52.3M | 80.9M | 112.0M | 99.5M | 72.5M | 70.9M | 70.4M | 66.1M | 57.1M | 42.0M | 33.1M | 15.1M | 26.4M |
| Net Margin % | 6.1% | 8.5% | 10.3% | 10.3% | 9.7% | 9.2% | 10.1% | 9.7% | 9.0% | 8.0% | 7.3% | 3.7% | 8.0% |
| Net Income Attributable | 52.3M | 80.9M | 112.0M | 99.5M | 72.5M | 71.4M | 71.0M | 66.1M | 57.1M | 42.0M | 33.1M | 15.1M | 26.4M |
| Minority Interest | -- | -- | -- | -- | -- | -556,100 | -580,100 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.24 | 0.35 | 0.48 | 0.44 | 0.32 | 0.62 | 0.61 | 0.63 | 1.10 | 0.81 | 0.64 | 0.29 | 0.51 |
| Eps Diluted | 0.24 | 0.33 | 0.46 | 0.41 | 0.30 | 0.62 | 0.61 | 0.63 | 1.10 | 0.81 | 0.64 | 0.29 | 0.51 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 118.0M | 138.0M | 101.0M | 72.5M | 330.0M | 182.0M | 139.0M | 86.5M | 62.5M | 42.9M | 71.1M | 22.8M | 43.2M |
| Trading Financial Assets | 118,700 | 94,300 | 111,600 | 80.0M | 118.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 308.0M | 226.0M | 233.0M | 223.0M | 179.0M | 195.0M | 175.0M | 148.0M | 143.0M | 112.0M | 98.1M | 88.8M | 49.4M |
| Notes Receivable | 8.1M | 13.9M | 17.5M | 13.8M | -- | 61.3M | 57.9M | 40.4M | 23.2M | 20.9M | 25.7M | 36.8M | 24.9M |
| Notes And Accounts Receivable | 317.0M | 240.0M | 250.0M | 237.0M | 179.0M | 256.0M | 232.0M | 188.0M | 167.0M | 133.0M | 124.0M | 126.0M | 74.3M |
| Prepayments | 5.1M | 9.6M | 15.2M | 11.3M | 9.2M | 13.9M | 25.3M | 7.2M | 2.4M | 1.6M | 398,800 | 622,300 | 6.1M |
| Inventory | 145.0M | 184.0M | 183.0M | 119.0M | 86.8M | 94.0M | 82.2M | 66.5M | 43.2M | 43.8M | 33.5M | 38.1M | 57.3M |
| Total Current Assets | 617.0M | 636.0M | 611.0M | 587.0M | 813.0M | 590.0M | 628.0M | 504.0M | 282.0M | 234.0M | 245.0M | 217.0M | 208.0M |
| Fixed Assets | -- | 659.0M | 358.0M | 306.0M | 281.0M | 287.0M | 227.0M | 136.0M | 144.0M | 150.0M | 37.3M | 38.0M | 37.9M |
| Fixed Assets Total | 641.0M | 659.0M | 358.0M | 306.0M | 281.0M | 287.0M | 227.0M | 136.0M | 144.0M | 150.0M | 37.3M | 38.0M | 37.9M |
| Construction In Progress | -- | 33.7M | 228.0M | 151.0M | 99.8M | 69.6M | 23.7M | 112.0M | 16.3M | 16.0M | 87.2M | 28.0M | 1.8M |
| Construction In Progress Total | 55.8M | 33.7M | 228.0M | 151.0M | 99.8M | 69.6M | 23.7M | 112.0M | 16.3M | 16.0M | 87.2M | 28.0M | 1.8M |
| Intangible Assets | 109.0M | 83.5M | 86.1M | 87.5M | 79.5M | 80.5M | 49.7M | 49.1M | 51.0M | 53.9M | 57.2M | 58.6M | 60.3M |
| Long Term Deferred Expenses | 5.3M | 6.9M | 7.3M | 8.5M | 10.0M | 7.0M | 7.8M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.3B | 1.3B | 1.2B | 938.0M | 723.0M | 494.0M | 356.0M | 352.0M | 267.0M | 265.0M | 222.0M | 163.0M | 129.0M |
| Total Assets | 2.0B | 1.9B | 1.8B | 1.5B | 1.5B | 1.1B | 984.0M | 856.0M | 550.0M | 499.0M | 468.0M | 380.0M | 337.0M |
| Short Term Borrowings | 306.0M | 367.0M | 317.0M | 268.0M | 402.0M | 236.0M | 207.0M | 139.0M | 171.0M | 135.0M | 147.0M | 120.0M | 108.0M |
| Accounts Payable | 83.4M | 105.0M | 95.7M | 64.9M | 44.8M | 30.8M | 42.4M | 30.4M | 19.4M | 29.1M | 14.6M | 4.3M | 4.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.2M | 4.9M | 1.0M | 480,300 | 59,200 | 176,200 | 415,500 | 1.8M |
| Contract Liabilities | 521,200 | 1.0M | 13.9M | 15.4M | 7.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 481.0M | 555.0M | 502.0M | 444.0M | 515.0M | 333.0M | 299.0M | 205.0M | 232.0M | 191.0M | 187.0M | 168.0M | 140.0M |
| Long Term Borrowings | 221.0M | 52.1M | 20.0M | 5.0M | 14.7M | 16.2M | -- | -- | 9.7M | 54.0M | 64.6M | 28.9M | -- |
| Total Non Current Liabilities | 274.0M | 243.0M | 216.0M | 193.0M | 194.0M | 42.2M | 24.9M | 28.8M | 38.2M | 82.0M | 90.1M | 54.2M | 18.7M |
| Total Liabilities | 756.0M | 798.0M | 718.0M | 637.0M | 709.0M | 375.0M | 324.0M | 234.0M | 270.0M | 273.0M | 277.0M | 222.0M | 158.0M |
| Paid In Capital | 244.0M | 231.0M | 232.0M | 164.0M | 117.0M | 117.0M | 117.0M | 68.9M | 51.7M | 51.7M | 51.7M | 51.7M | 51.7M |
| Capital Reserve | 282.0M | 180.0M | 187.0M | 221.0M | 282.0M | 282.0M | 282.0M | 330.0M | 57.3M | 57.3M | 57.3M | 57.3M | 57.3M |
| Surplus Reserve | 102.0M | 94.0M | 84.1M | 73.4M | 63.1M | 54.4M | 49.7M | 39.4M | 33.6M | 26.3M | 20.3M | 15.9M | 13.3M |
| Retained Earnings | 563.0M | 544.0M | 496.0M | 415.0M | 340.0M | 287.0M | 226.0M | 179.0M | 131.0M | 91.1M | 61.3M | 32.5M | 56.3M |
| Minority Equity | -- | -- | -- | -- | -- | 1.3M | 1.9M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.1B | 1.1B | 888.0M | 827.0M | 707.0M | 659.0M | 622.0M | 279.0M | 226.0M | 191.0M | 157.0M | 178.0M |
| Total Equity | 1.2B | 1.1B | 1.1B | 888.0M | 827.0M | 709.0M | 661.0M | 622.0M | 279.0M | 226.0M | 191.0M | 157.0M | 178.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 836.0M | 1.0B | 1.1B | 985.0M | 798.0M | 778.0M | 704.0M | 714.0M | 655.0M | 559.0M | 479.0M | 396.0M | 337.0M |
| Tax Refunds Received | -- | -- | 436,400 | -- | 15,100 | 600.00 | 1.2M | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 855.0M | 1.0B | 1.2B | 1.0B | 836.0M | 792.0M | 718.0M | 732.0M | 662.0M | 571.0M | 487.0M | 411.0M | 349.0M |
| Cash Paid For Goods | 118.0M | 158.0M | 179.0M | 110.0M | 67.4M | 95.5M | 75.5M | 74.8M | 57.7M | 59.9M | 39.6M | 44.3M | 60.9M |
| Cash Paid To Employees | 345.0M | 226.0M | 169.0M | 163.0M | 141.0M | 146.0M | 111.0M | 84.2M | 67.6M | 59.4M | 52.4M | 42.1M | 38.4M |
| Taxes Paid | 79.9M | 97.6M | 118.0M | 112.0M | 86.0M | 115.0M | 113.0M | 116.0M | 108.0M | 91.6M | 83.7M | 66.6M | 54.3M |
| Total Operating Cash Outflow | 767.0M | 967.0M | 1.1B | 878.0M | 660.0M | 758.0M | 670.0M | 670.0M | 601.0M | 530.0M | 450.0M | 393.0M | 313.0M |
| Operating Cash Flow | 88.1M | 77.8M | 75.8M | 124.0M | 176.0M | 33.7M | 47.6M | 62.1M | 61.3M | 40.7M | 37.3M | 17.9M | 35.3M |
| Total Investing Cash Inflow | 15.1M | 5.0M | 135.0M | 553.0M | 286.0M | 316.0M | 657.0M | 76.9M | 300.00 | 3.0M | 1.2M | 815,200 | 21.9M |
| Total Investing Cash Outflow | 61.5M | 102.0M | 214.0M | 771.0M | 613.0M | 320.0M | 684.0M | 325.0M | 13.8M | 33.7M | 39.4M | 35.7M | 61.3M |
| Investing Cash Flow | -46.4M | -96.7M | -79.2M | -218.0M | -327.0M | -3.3M | -26.8M | -248.0M | -13.8M | -30.7M | -38.2M | -34.9M | -39.4M |
| Cash From Borrowings | 680.0M | 506.0M | 347.0M | 273.0M | 568.0M | 304.0M | 207.0M | 157.0M | 182.0M | 135.0M | 188.0M | 173.0M | 108.0M |
| Dividends And Interest Paid | 35.1M | 42.5M | 34.4M | 30.3M | 26.2M | 16.1M | 21.9M | 19.7M | 19.2M | 18.9M | 15.3M | 40.2M | 7.6M |
| Debt Repayments | 577.0M | 404.0M | 278.0M | 419.0M | 237.0M | 257.0M | 139.0M | 210.0M | 189.0M | 152.0M | 120.0M | 133.0M | 94.5M |
| Total Financing Cash Inflow | 680.0M | 506.0M | 347.0M | 301.0M | 568.0M | 304.0M | 209.0M | 453.0M | 182.0M | 135.0M | 196.0M | 173.0M | 109.0M |
| Total Financing Cash Outflow | 742.0M | 450.0M | 315.0M | 465.0M | 269.0M | 292.0M | 178.0M | 243.0M | 210.0M | 173.0M | 146.0M | 177.0M | 107.0M |
| Financing Cash Flow | -61.8M | 56.5M | 31.5M | -164.0M | 299.0M | 12.0M | 31.9M | 210.0M | -28.0M | -38.3M | 49.3M | -3.4M | 1.8M |
| Net Change In Cash | -20.1M | 37.6M | 28.2M | -258.0M | 148.0M | 42.4M | 52.7M | 24.0M | 19.6M | -28.2M | 48.4M | -20.4M | -2.4M |
| Ending Cash Balance | 118.0M | 138.0M | 101.0M | 72.5M | 330.0M | 182.0M | 139.0M | 86.5M | 62.5M | 42.9M | 71.1M | 22.8M | 43.2M |
| Capex | 61.5M | 102.0M | 129.0M | 106.0M | 68.1M | 156.0M | 40.5M | 105.0M | 13.8M | 33.7M | 39.4M | 35.9M | 54.5M |