Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 1.4B | 1.2B | 1.0B | 989.0M | 1.1B |
| Revenue Growth % | 15.9% | 19.2% | 5.4% | -6.5% | -- |
| Total Revenue | 1.4B | 1.2B | 1.0B | 989.0M | 1.1B |
| Cost Of Revenue | 995.0M | 790.0M | 591.0M | 551.0M | 539.0M |
| Gross Profit | 445.0M | 452.0M | 451.0M | 438.0M | 519.0M |
| Gross Margin % | 30.9% | 36.4% | 43.3% | 44.3% | 49.1% |
| Total Operating Cost | 1.3B | 1.2B | 980.0M | 991.0M | 932.0M |
| Selling Expenses | 105.0M | 157.0M | 172.0M | 203.0M | 210.0M |
| Admin Expenses | 90.1M | 117.0M | 117.0M | 137.0M | 91.1M |
| Rd Expenses | 72.0M | 92.8M | 86.4M | 76.1M | 76.7M |
| Finance Expenses | 4.2M | -3.3M | -6.3M | -1.0M | -576,500 |
| Operating Income | 174.0M | 89.9M | 75.9M | 22.4M | 153.0M |
| Operating Margin % | 12.1% | 7.2% | 7.3% | 2.3% | 14.5% |
| Non Operating Income | 825,500 | 490,200 | 345,800 | 371,800 | 588,800 |
| Non Operating Expenses | 496,000 | 597,100 | 2.1M | 458,700 | 896,400 |
| Investment Income | -949,300 | -448,500 | 934,000 | 8.5M | 12.9M |
| Asset Disposal Income | 488,800 | 2.2M | 111,500 | -39,200 | 129,800 |
| Asset Impairment Loss | -838,300 | 675,800 | -1.1M | 5.9M | -10.9M |
| Other Income | 13.8M | 17.5M | 13.0M | 15.9M | 13.5M |
| Income Before Tax | 174.0M | 89.8M | 74.2M | 22.3M | 152.0M |
| Income Tax | 23.9M | 7.5M | 2.1M | -7.4M | 11.9M |
| Net Income | 150.0M | 82.3M | 72.1M | 29.7M | 140.0M |
| Net Margin % | 10.4% | 6.6% | 6.9% | 3.0% | 13.2% |
| Net Income Attributable | 134.0M | 74.7M | 72.1M | 29.7M | 140.0M |
| Minority Interest | 16.4M | 7.7M | -- | -- | -- |
| Eps Basic | 0.74 | 0.41 | 0.38 | 0.15 | 0.78 |
| Eps Diluted | 0.74 | 0.41 | 0.38 | 0.15 | 0.78 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 708.0M | 500.0M | 753.0M | 640.0M | 811.0M |
| Trading Financial Assets | -- | -- | -- | 70.0M | -- |
| Accounts Receivable | 638.0M | 697.0M | 565.0M | 570.0M | 584.0M |
| Notes Receivable | 1.1M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 640.0M | 697.0M | 565.0M | 570.0M | 584.0M |
| Prepayments | 29.9M | 19.5M | 4.6M | 6.8M | 4.7M |
| Inventory | 251.0M | 257.0M | 203.0M | 217.0M | 225.0M |
| Total Current Assets | 1.8B | 1.7B | 1.7B | 1.6B | 1.7B |
| Long Term Equity Investment | 813,300 | 1.3M | 2.9M | 2.9M | 3.9M |
| Fixed Assets | 699.0M | 689.0M | 483.0M | 271.0M | 273.0M |
| Fixed Assets Total | 699.0M | 689.0M | 483.0M | 271.0M | 273.0M |
| Construction In Progress | 470,100 | 11.2M | 47.8M | 201.0M | 48.1M |
| Construction In Progress Total | 470,100 | 11.2M | 47.8M | 201.0M | 48.1M |
| Intangible Assets | 86.0M | 88.6M | 36.6M | 39.9M | 42.9M |
| Long Term Deferred Expenses | 2.5M | 1.6M | 437,400 | 115,200 | -- |
| Total Non Current Assets | 877.0M | 894.0M | 642.0M | 572.0M | 394.0M |
| Total Assets | 2.7B | 2.6B | 2.3B | 2.2B | 2.1B |
| Short Term Borrowings | 90.1M | 71.2M | -- | -- | -- |
| Accounts Payable | 256.0M | 308.0M | 323.0M | 314.0M | 348.0M |
| Advance Receipts | 66,700 | 239,600 | 182,700 | 55,700 | 110,900 |
| Contract Liabilities | 23.2M | 19.8M | 16.5M | 10.2M | 13.4M |
| Total Current Liabilities | 609.0M | 630.0M | 525.0M | 501.0M | 446.0M |
| Long Term Borrowings | 127.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 148.0M | 25.0M | 25.5M | 33.6M | 45.5M |
| Total Liabilities | 757.0M | 654.0M | 551.0M | 534.0M | 491.0M |
| Paid In Capital | 193.0M | 193.0M | 193.0M | 193.0M | 193.0M |
| Capital Reserve | 645.0M | 755.0M | 738.0M | 720.0M | 709.0M |
| Surplus Reserve | 107.0M | 107.0M | 107.0M | 107.0M | 107.0M |
| Retained Earnings | 981.0M | 885.0M | 856.0M | 813.0M | 825.0M |
| Minority Equity | 217.0M | 195.0M | -- | -- | -- |
| Equity Attributable | 1.7B | 1.7B | 1.8B | 1.7B | 1.6B |
| Total Equity | 1.9B | 1.9B | 1.8B | 1.7B | 1.6B |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 1.4B | 1.2B | 1.0B | 857.0M | 928.0M |
| Tax Refunds Received | 3.9M | 1.3M | -- | 231,500 | 1.3M |
| Total Operating Cash Inflow | 1.5B | 1.3B | 1.1B | 903.0M | 966.0M |
| Cash Paid For Goods | 775.0M | 612.0M | 349.0M | 329.0M | 346.0M |
| Cash Paid To Employees | 256.0M | 250.0M | 213.0M | 212.0M | 181.0M |
| Taxes Paid | 65.1M | 88.5M | 84.3M | 75.2M | 82.5M |
| Total Operating Cash Outflow | 1.3B | 1.2B | 851.0M | 866.0M | 865.0M |
| Operating Cash Flow | 140.0M | 127.0M | 209.0M | 37.2M | 101.0M |
| Total Investing Cash Inflow | 1.3M | 21.1M | 202.0M | 1.0B | 1.5B |
| Total Investing Cash Outflow | 86.2M | 184.0M | 265.0M | 1.3B | 1.2B |
| Investing Cash Flow | -84.8M | -163.0M | -62.6M | -266.0M | 277.0M |
| Cash From Borrowings | 260.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 42.7M | 47.9M | 29.0M | 41.6M | 41.3M |
| Debt Repayments | 97.5M | 20.0M | -- | -- | -- |
| Total Financing Cash Inflow | 352.0M | 19.7M | -- | 97.3M | 32.2M |
| Total Financing Cash Outflow | 197.0M | 233.0M | 30.8M | 44.6M | 43.0M |
| Financing Cash Flow | 155.0M | -213.0M | -30.8M | 52.7M | -10.8M |
| Net Change In Cash | 210.0M | -249.0M | 116.0M | -176.0M | 367.0M |
| Ending Cash Balance | 694.0M | 485.0M | 734.0M | 618.0M | 794.0M |
| Capex | 70.4M | 74.5M | 135.0M | 188.0M | 77.4M |