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 | 1.7B | 1.3B | 1.2B | 1.4B | 993.0M | 851.0M | 721.0M | 592.0M | 504.0M | 454.0M | 427.0M | 387.0M |
| Revenue Growth % | 28.0% | 9.5% | -17.6% | 44.5% | 16.7% | 18.0% | 21.8% | 17.5% | 11.0% | 6.3% | 10.3% | -- |
| Total Revenue | 1.7B | 1.3B | 1.2B | 1.4B | 993.0M | 851.0M | 721.0M | 592.0M | 504.0M | 454.0M | 427.0M | 387.0M |
| Cost Of Revenue | 1.4B | 1.1B | 976.0M | 1.2B | 779.0M | 650.0M | 562.0M | 440.0M | 356.0M | 330.0M | 318.0M | 293.0M |
| Gross Profit | 302.0M | 239.0M | 207.0M | 272.0M | 214.0M | 201.0M | 159.0M | 152.0M | 148.0M | 124.0M | 109.0M | 94.0M |
| Gross Margin % | 18.2% | 18.5% | 17.5% | 19.0% | 21.6% | 23.6% | 22.1% | 25.7% | 29.4% | 27.3% | 25.5% | 24.3% |
| Total Operating Cost | 1.6B | 1.2B | 1.1B | 1.3B | 896.0M | 761.0M | 653.0M | 527.0M | 430.0M | 388.0M | 373.0M | 348.0M |
| Selling Expenses | 42.9M | 38.5M | 28.3M | 23.4M | 15.4M | 36.1M | 32.1M | 27.7M | 24.4M | 22.8M | 22.4M | 18.8M |
| Admin Expenses | 89.4M | 69.7M | 62.6M | 59.7M | 34.9M | 32.7M | 22.1M | 20.4M | 41.0M | 31.5M | 25.2M | 23.9M |
| Rd Expenses | 77.6M | 64.6M | 63.9M | 56.8M | 44.2M | 33.0M | 29.9M | 23.4M | -- | -- | -- | -- |
| Finance Expenses | 1.5M | -3.5M | -15.8M | 5.3M | 9.4M | -1.9M | -2.7M | 7.2M | 11,600 | -3.3M | 2.7M | 5.6M |
| Operating Income | 51.5M | 51.3M | 78.9M | 113.0M | 114.0M | 100.0M | 77.6M | 72.1M | 74.1M | 67.4M | 54.7M | 38.7M |
| Operating Margin % | 3.1% | 4.0% | 6.7% | 7.9% | 11.5% | 11.8% | 10.8% | 12.2% | 14.7% | 14.8% | 12.8% | 10.0% |
| Non Operating Income | 1.2M | 1.6M | 438,400 | 1.0M | 761,400 | 774,200 | 1.6M | 4.6M | 4.7M | 2.9M | 4.4M | 4.5M |
| Non Operating Expenses | 833,000 | 464,400 | 4.3M | 797,700 | 2.6M | 655,400 | 468,500 | 60,300 | 279,800 | 891,800 | 97,900 | 370,000 |
| Investment Income | -24.6M | 25.2M | 10.9M | 3.5M | 7.2M | 6.2M | 8.7M | 2.3M | -9,984 | 1.2M | 291,400 | -324,200 |
| Fair Value Change Income | 14.1M | -41.4M | 8.5M | -3.6M | 3.9M | 1.0M | -2.2M | 2.2M | -- | -- | -- | -- |
| Asset Disposal Income | -205,100 | 21,500 | 983,100 | 138,000 | -42,000 | -6,400 | 49,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 12.3M | 5.9M | 9.0M | 4.6M | 2.8M | 3.5M | 4.8M | 3.5M | 4.1M | 2.7M | 1.3M | 4.3M |
| Other Income | 10.4M | 12.2M | 5.4M | 4.2M | 5.9M | 2.9M | 3.3M | 2.4M | -- | -- | -- | -- |
| Income Before Tax | 51.8M | 52.5M | 75.0M | 113.0M | 112.0M | 100.0M | 78.7M | 76.6M | 78.5M | 69.4M | 59.0M | 42.8M |
| Income Tax | 1.5M | 6.5M | 6.6M | 10.4M | 13.9M | 12.2M | 9.1M | 11.1M | 11.0M | 9.7M | 9.6M | 6.2M |
| Net Income | 50.3M | 45.9M | 68.4M | 103.0M | 98.2M | 88.1M | 69.6M | 65.4M | 67.5M | 59.7M | 49.4M | 36.7M |
| Net Margin % | 3.0% | 3.5% | 5.8% | 7.2% | 9.9% | 10.3% | 9.6% | 11.1% | 13.4% | 13.1% | 11.6% | 9.5% |
| Net Income Attributable | 60.1M | 51.0M | 73.2M | 103.0M | 98.2M | 88.1M | 69.6M | 65.4M | 67.5M | 59.7M | 49.4M | 36.7M |
| Minority Interest | -9.8M | -5.1M | -4.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.10 | 0.08 | 0.17 | 0.49 | 0.69 | 0.62 | 0.49 | 0.91 | 1.02 | 0.90 | 0.75 | 0.56 |
| Eps Diluted | 0.10 | 0.08 | 0.16 | 0.49 | 0.69 | 0.62 | 0.49 | 0.91 | 1.02 | 0.90 | -- | 0.56 |
| 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 | 401.0M | 354.0M | 414.0M | 454.0M | 180.0M | 194.0M | 68.9M | 93.1M | 56.7M | 90.6M | 17.5M | 23.8M |
| Trading Financial Assets | 97.3M | 127.0M | 121.0M | 101.0M | 34.9M | 109.0M | -- | 2.2M | -- | -- | -- | -- |
| Accounts Receivable | 492.0M | 335.0M | 328.0M | 334.0M | 231.0M | 145.0M | 131.0M | 93.0M | 82.8M | 66.2M | 70.3M | 78.7M |
| Notes Receivable | 7.4M | 5.8M | 3.0M | 4.9M | 2.0M | 1.4M | 7.8M | 1.9M | 1.5M | 7.1M | 10.1M | 1.0M |
| Notes And Accounts Receivable | 499.0M | 340.0M | 331.0M | 339.0M | 233.0M | 147.0M | 139.0M | 94.9M | 84.2M | 73.3M | 80.4M | 79.7M |
| Prepayments | 13.1M | 12.0M | 12.5M | 25.1M | 29.3M | 16.3M | 10.9M | 21.2M | 11.4M | 7.5M | 12.8M | 6.9M |
| Inventory | 295.0M | 227.0M | 226.0M | 295.0M | 172.0M | 137.0M | 105.0M | 106.0M | 72.1M | 65.7M | 62.0M | 62.9M |
| Total Current Assets | 1.4B | 1.2B | 1.4B | 1.3B | 687.0M | 627.0M | 548.0M | 501.0M | 234.0M | 239.0M | 173.0M | 179.0M |
| Fixed Assets | -- | 263.0M | 261.0M | 252.0M | 217.0M | 194.0M | 175.0M | 160.0M | 71.4M | 57.6M | 51.6M | 52.4M |
| Fixed Assets Total | 268.0M | 263.0M | 261.0M | 252.0M | 217.0M | 194.0M | 175.0M | 160.0M | 71.4M | 57.6M | 51.6M | 52.4M |
| Construction In Progress | -- | 274.0M | 25.1M | -- | -- | 2.0M | 10.8M | 258,800 | 1.2M | 127,100 | 3.3M | -- |
| Construction In Progress Total | 517.0M | 274.0M | 25.1M | -- | -- | 2.0M | 10.8M | 258,800 | 1.2M | 127,100 | 3.3M | -- |
| Intangible Assets | 113.0M | 87.5M | 89.0M | 9.3M | 8.3M | 7.1M | 6.6M | 7.0M | 7.1M | 7.0M | 6.9M | 7.0M |
| Long Term Deferred Expenses | 6.6M | 6.4M | 4.8M | 5.7M | 3.6M | 245,300 | 446,000 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 967.0M | 678.0M | 436.0M | 328.0M | 252.0M | 212.0M | 200.0M | 174.0M | 180.0M | 74.4M | 64.0M | 62.1M |
| Total Assets | 2.4B | 1.9B | 1.8B | 1.6B | 940.0M | 840.0M | 748.0M | 675.0M | 414.0M | 314.0M | 237.0M | 241.0M |
| Short Term Borrowings | 1.0M | 1.0M | -- | -- | -- | -- | -- | -- | -- | 10.0M | 3.0M | -- |
| Accounts Payable | 480.0M | 303.0M | 167.0M | 189.0M | 152.0M | 98.8M | 80.1M | 67.8M | 50.2M | 45.7M | 48.7M | 62.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.3M | 1.6M | 1.3M | 2.1M | 3.0M | 2.3M | 3.2M |
| Contract Liabilities | 10.3M | 4.7M | 5.8M | 5.5M | 4.6M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 900.0M | 454.0M | 296.0M | 298.0M | 212.0M | 149.0M | 118.0M | 105.0M | 89.6M | 89.2M | 75.6M | 125.0M |
| Long Term Borrowings | 170.0M | 153.0M | 185.0M | -- | -- | -- | -- | -- | 76.3M | 38.0M | -- | -- |
| Total Non Current Liabilities | 195.0M | 167.0M | 212.0M | 31.9M | 13.6M | 6.3M | 4.4M | 3.4M | 80.0M | 38.0M | -- | -- |
| Total Liabilities | 1.1B | 620.0M | 508.0M | 330.0M | 226.0M | 155.0M | 122.0M | 108.0M | 170.0M | 127.0M | 75.6M | 125.0M |
| Paid In Capital | 621.0M | 444.0M | 315.0M | 225.0M | 142.0M | 142.0M | 83.6M | 83.6M | 66.0M | 66.0M | 50.0M | 50.0M |
| Capital Reserve | 331.0M | 512.0M | 622.0M | 711.0M | 298.0M | 298.0M | 356.0M | 356.0M | 106.0M | 106.0M | -- | -- |
| Surplus Reserve | 78.0M | 70.1M | 62.7M | 51.6M | 40.6M | 30.3M | 22.4M | 15.6M | 8.6M | 1.9M | 12.1M | 7.4M |
| Retained Earnings | 272.0M | 260.0M | 270.0M | 266.0M | 238.0M | 214.0M | 163.0M | 111.0M | 64.0M | 13.1M | 99.8M | 58.2M |
| Minority Equity | -1.3M | 9.0M | 14.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.3B | 1.3B | 1.3B | 1.3B | 714.0M | 685.0M | 626.0M | 567.0M | 244.0M | 187.0M | 162.0M | 116.0M |
| Total Equity | 1.3B | 1.3B | 1.3B | 1.3B | 714.0M | 685.0M | 626.0M | 567.0M | 244.0M | 187.0M | 162.0M | 116.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.3B | 1.0B | 1.0B | 1.2B | 785.0M | 762.0M | 619.0M | 536.0M | 464.0M | 435.0M | 390.0M | 331.0M |
| Tax Refunds Received | 65.8M | 36.6M | 53.6M | 85.0M | 48.6M | 50.6M | 55.6M | 47.9M | 30.2M | 26.3M | 23.4M | 21.5M |
| Total Operating Cash Inflow | 1.4B | 1.1B | 1.1B | 1.3B | 844.0M | 817.0M | 678.0M | 592.0M | 501.0M | 465.0M | 418.0M | 356.0M |
| Cash Paid For Goods | 830.0M | 537.0M | 571.0M | 937.0M | 574.0M | 500.0M | 419.0M | 372.0M | 279.0M | 255.0M | 272.0M | 246.0M |
| Cash Paid To Employees | 348.0M | 271.0M | 231.0M | 253.0M | 171.0M | 159.0M | 130.0M | 109.0M | 97.0M | 81.0M | 62.5M | 57.6M |
| Taxes Paid | 49.5M | 43.7M | 35.7M | 33.0M | 31.0M | 25.5M | 25.4M | 26.2M | 27.2M | 18.9M | 12.2M | 7.9M |
| Total Operating Cash Outflow | 1.3B | 908.0M | 884.0M | 1.3B | 817.0M | 740.0M | 620.0M | 546.0M | 438.0M | 386.0M | 375.0M | 334.0M |
| Operating Cash Flow | 100.0M | 175.0M | 190.0M | -14.1M | 27.6M | 76.9M | 58.2M | 46.1M | 63.5M | 78.4M | 43.0M | 22.4M |
| Total Investing Cash Inflow | 397.0M | 322.0M | 609.0M | 135.0M | 502.0M | 515.0M | 726.0M | 2.5M | 1.1M | 20.1M | 30.2M | 27.8M |
| Total Investing Cash Outflow | 524.0M | 474.0M | 979.0M | 274.0M | 470.0M | 437.0M | 802.0M | 184.0M | 113.0M | 43.3M | 41.1M | 39.5M |
| Investing Cash Flow | -127.0M | -152.0M | -370.0M | -139.0M | 31.9M | 78.4M | -75.5M | -182.0M | -112.0M | -23.2M | -10.9M | -11.8M |
| Cash From Borrowings | 220.0M | 75.6M | 200.0M | -- | -- | -- | -- | -- | 45.0M | 50.0M | 3.0M | -- |
| Dividends And Interest Paid | 48.2M | 60.8M | 59.6M | 64.0M | 63.8M | 29.3M | 10.5M | 14.6M | 15.7M | 48.1M | 5.0M | 8.5M |
| Debt Repayments | 68.5M | 103.0M | 1.5M | -- | -- | -- | -- | 82.6M | 12.4M | 3.0M | 36.0M | 2.0M |
| Total Financing Cash Inflow | 254.0M | 108.0M | 231.0M | 497.0M | 7.9M | 5.0M | 4.0M | 281.0M | 46.3M | 65.0M | 19.3M | 3.0M |
| Total Financing Cash Outflow | 203.0M | 197.0M | 92.9M | 78.1M | 77.0M | 37.6M | 11.3M | 114.0M | 30.0M | 51.1M | 44.9M | 26.2M |
| Financing Cash Flow | 51.3M | -88.5M | 138.0M | 419.0M | -69.1M | -32.6M | -7.3M | 167.0M | 16.3M | 13.9M | -25.6M | -23.2M |
| Net Change In Cash | 25.8M | -64.0M | -36.9M | 266.0M | -11.5M | 124.0M | -23.0M | 32.5M | -31.5M | 69.7M | 6.5M | -14.0M |
| Ending Cash Balance | 369.0M | 343.0M | 407.0M | 444.0M | 178.0M | 189.0M | 65.2M | 88.2M | 55.7M | 87.2M | 17.5M | 11.1M |
| Capex | 257.0M | 246.0M | 158.0M | 73.3M | 55.5M | 34.1M | 39.0M | 14.4M | 113.0M | 20.0M | 11.1M | 11.9M |