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 | 742.0M | 556.0M | 424.0M | 324.0M | 260.0M | 224.0M | 172.0M | 131.0M | 72.2M | 127.0M | 144.0M | 136.0M | 126.0M | 98.7M |
| Revenue Growth % | 33.5% | 31.1% | 30.9% | 24.6% | 16.1% | 30.2% | 31.3% | 81.6% | -43.2% | -11.8% | 5.9% | 7.9% | 27.7% | -- |
| Total Revenue | 742.0M | 556.0M | 424.0M | 324.0M | 260.0M | 224.0M | 172.0M | 131.0M | 72.2M | 127.0M | 144.0M | 136.0M | 126.0M | 98.7M |
| Cost Of Revenue | 517.0M | 371.0M | 263.0M | 184.0M | 147.0M | 129.0M | 93.6M | 94.9M | 37.0M | 63.8M | 72.9M | 73.2M | 62.8M | 49.0M |
| Gross Profit | 225.0M | 185.0M | 161.0M | 140.0M | 113.0M | 95.0M | 78.4M | 36.1M | 35.1M | 63.2M | 71.1M | 62.8M | 63.2M | 49.7M |
| Gross Margin % | 30.3% | 33.3% | 38.0% | 43.2% | 43.5% | 42.4% | 45.6% | 27.5% | 48.7% | 49.7% | 49.4% | 46.2% | 50.2% | 50.4% |
| Total Operating Cost | 736.0M | 557.0M | 418.0M | 296.0M | 245.0M | 219.0M | 164.0M | 168.0M | 82.5M | 99.8M | 99.9M | 95.5M | 87.3M | 66.8M |
| Selling Expenses | 53.8M | 42.0M | 31.1M | 20.0M | 14.0M | 12.5M | 9.9M | 6.1M | 4.8M | 3.2M | 2.2M | 1.7M | 1.5M | 824,700 |
| Admin Expenses | 70.6M | 67.0M | 57.6M | 51.2M | 42.0M | 45.1M | 34.2M | 30.9M | 29.2M | 26.6M | 22.0M | 18.7M | 16.8M | 12.3M |
| Rd Expenses | 62.6M | 55.0M | 43.7M | 27.6M | 26.4M | 18.3M | 13.5M | 10.4M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 1.1M | -424,200 | -862,600 | -318,900 | 1.3M | 175,400 | 217,400 | -715,600 | -913,200 | -2.8M | -1.0M | -1.2M | -679,000 | -1.4M |
| Operating Income | 18.6M | 17.6M | 19.5M | 47.0M | 27.4M | 12.3M | 14.9M | -34.9M | -7.3M | 27.4M | 44.0M | 40.9M | 38.3M | 31.9M |
| Operating Margin % | 2.5% | 3.2% | 4.6% | 14.5% | 10.5% | 5.5% | 8.6% | -26.6% | -10.1% | 21.6% | 30.5% | 30.1% | 30.4% | 32.3% |
| Non Operating Income | 44,800 | 30,900 | 5.2M | 268,500 | 380,500 | 743,100 | 523,500 | 1.7M | 8.2M | 2.7M | 751,700 | 579,100 | 754,900 | 450,000 |
| Non Operating Expenses | 212,000 | 40,200 | 142,600 | 216,900 | 16,800 | 436,500 | 24,500 | 92,200 | 300.00 | 426,300 | -- | 41,400 | 6,400 | 611,100 |
| Investment Income | 2.0M | 2.2M | 2.0M | 2.4M | 3.0M | 2.5M | 4.3M | 1.2M | 3.1M | 618,200 | -- | -- | -- | -- |
| Fair Value Change Income | 1.1M | 589,900 | 1.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -213,700 | 900.00 | -- | -- | -- | -100.00 | -12,100 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.3M | 7.0M | 10.5M | 4.9M | 6.4M | 2.0M | 10.9M | 24.4M | 11.3M | 8.4M | 3.2M | 2.2M | 2.0M | 646,400 |
| Other Income | 9.3M | 16.2M | 10.4M | 16.6M | 8.7M | 4.8M | 2.6M | 862,300 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 18.4M | 17.6M | 24.6M | 47.1M | 27.8M | 12.6M | 15.4M | -33.3M | 921,000 | 29.7M | 44.7M | 41.5M | 39.0M | 31.7M |
| Income Tax | -12.2M | -9.6M | -4.7M | 3.6M | 2.9M | 297,500 | 4.1M | -6.5M | -1.1M | 4.0M | 6.7M | 6.3M | 5.7M | 5.3M |
| Net Income | 30.7M | 27.2M | 29.3M | 43.5M | 24.9M | 12.3M | 11.3M | -26.8M | 2.0M | 25.7M | 38.0M | 35.2M | 33.3M | 26.4M |
| Net Margin % | 4.1% | 4.9% | 6.9% | 13.4% | 9.6% | 5.5% | 6.6% | -20.4% | 2.8% | 20.2% | 26.4% | 25.9% | 26.4% | 26.8% |
| Net Income Attributable | 28.8M | 24.3M | 27.7M | 38.9M | 17.0M | 6.6M | 7.4M | -24.5M | 2.1M | 25.7M | 38.0M | 35.2M | 33.3M | 26.4M |
| Minority Interest | 1.9M | 2.9M | 1.6M | 4.6M | 7.9M | 5.7M | 3.9M | -2.3M | -62,400 | -- | -- | -- | -- | -- |
| Eps Basic | 0.08 | 0.07 | 0.08 | 0.11 | 0.08 | 0.03 | 0.04 | -0.18 | 0.02 | 0.20 | 0.38 | 0.70 | 0.67 | 0.53 |
| Eps Diluted | 0.08 | 0.07 | 0.08 | 0.11 | 0.07 | 0.03 | 0.04 | -0.18 | 0.02 | 0.20 | 0.38 | 0.70 | 0.67 | 0.53 |
| 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 | 270.0M | 397.0M | 307.0M | 385.0M | 146.0M | 57.4M | 55.2M | 133.0M | 105.0M | 133.0M | 118.0M | 138.0M | 97.6M | 70.2M |
| Trading Financial Assets | 23.7M | 7.4M | 45.7M | 20.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 170.0M | 114.0M | 91.5M | 71.7M | 42.6M | 78.1M | 64.8M | 56.3M | 59.9M | 63.8M | 57.1M | 49.9M | 43.6M | 25.6M |
| Notes Receivable | 12.5M | 1.5M | 3.3M | 671,600 | -- | 2.4M | 300,000 | 808,800 | -- | 1.1M | 1.2M | 3.8M | 360,000 | -- |
| Notes And Accounts Receivable | 182.0M | 116.0M | 94.8M | 72.4M | 42.6M | 80.5M | 65.1M | 57.1M | 59.9M | 65.0M | 58.3M | 53.7M | 44.0M | 25.6M |
| Prepayments | 23.4M | 24.7M | 22.7M | 24.0M | 36.5M | 25.2M | 17.2M | 17.2M | 17.9M | 7.7M | 6.2M | 6.6M | 4.3M | 8.2M |
| Inventory | 189.0M | 199.0M | 168.0M | 148.0M | 93.2M | 91.5M | 84.4M | 70.2M | 73.1M | 47.8M | 36.0M | 23.7M | 19.9M | 17.6M |
| Total Current Assets | 780.0M | 815.0M | 701.0M | 700.0M | 375.0M | 286.0M | 282.0M | 321.0M | 320.0M | 409.0M | 219.0M | 223.0M | 166.0M | 122.0M |
| Long Term Equity Investment | 7.1M | 4.3M | 3.7M | 1.3M | 7.1M | 4.9M | 5.8M | 1.1M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 209.0M | 204.0M | 208.0M | 183.0M | 188.0M | 198.0M | 121.0M | 71.4M | 64.8M | 61.5M | 57.9M | 59.5M | 3.4M |
| Fixed Assets Total | 231.0M | 209.0M | 204.0M | 208.0M | 183.0M | 188.0M | 198.0M | 121.0M | 71.4M | 64.8M | 61.5M | 57.9M | 59.5M | 3.4M |
| Construction In Progress | -- | 121.0M | 92.4M | 11.4M | 3.2M | 16.6M | 2.4M | 69.0M | 71.7M | 4.0M | 1.1M | 4.2M | -- | 48.7M |
| Construction In Progress Total | -- | 121.0M | 92.4M | 11.4M | 3.2M | 16.6M | 2.4M | 69.0M | 71.7M | 4.0M | 1.1M | 4.2M | -- | 48.7M |
| Intangible Assets | 21.3M | 21.9M | 22.4M | 22.5M | 23.4M | 24.1M | 24.0M | 23.9M | 24.4M | 25.1M | 24.3M | 6.2M | 6.3M | -- |
| Long Term Deferred Expenses | 20.0M | 16.2M | 12.4M | 4.8M | 3.1M | 4.1M | 1.9M | 177,900 | 166,900 | 262,200 | -- | 30,500 | 152,600 | -- |
| Total Non Current Assets | 670.0M | 614.0M | 564.0M | 438.0M | 375.0M | 347.0M | 324.0M | 253.0M | 199.0M | 111.0M | 91.5M | 71.1M | 67.2M | 52.5M |
| Total Assets | 1.5B | 1.4B | 1.3B | 1.1B | 750.0M | 633.0M | 606.0M | 575.0M | 519.0M | 520.0M | 310.0M | 294.0M | 233.0M | 175.0M |
| Short Term Borrowings | 1.6M | 29.9M | 20.2M | 25.2M | 32.0M | 15.0M | 7.7M | 10.9M | 270,300 | -- | -- | -- | -- | -- |
| Accounts Payable | 128.0M | 101.0M | 79.0M | 55.8M | 50.9M | 42.6M | 46.1M | 39.3M | 21.6M | 25.2M | 27.2M | 28.7M | 18.0M | 11.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 83.3M | 88.1M | 77.7M | 54.7M | 48.5M | 49.8M | 45.1M | 36.3M | 23.8M |
| Contract Liabilities | 193.0M | 174.0M | 160.0M | 153.0M | 130.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 398.0M | 358.0M | 300.0M | 271.0M | 246.0M | 161.0M | 165.0M | 152.0M | 83.1M | 81.3M | 86.2M | 81.6M | 60.2M | 37.2M |
| Long Term Borrowings | 39.3M | 74.6M | 54.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 51.3M | 91.3M | 76.5M | 21.0M | 18.7M | 16.1M | 17.2M | 8.3M | 5.9M | 6.2M | 5.6M | 6.5M | 2.8M | 380,000 |
| Total Liabilities | 449.0M | 449.0M | 377.0M | 292.0M | 265.0M | 177.0M | 182.0M | 160.0M | 89.0M | 87.5M | 91.8M | 88.1M | 63.0M | 37.6M |
| Paid In Capital | 382.0M | 382.0M | 368.0M | 261.0M | 227.0M | 173.0M | 134.0M | 134.0M | 133.0M | 133.0M | 50.0M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 368.0M | 362.0M | 291.0M | 383.0M | 86.3M | 125.0M | 169.0M | 174.0M | 159.0M | 159.0M | 53.5M | 53.5M | 53.5M | 53.5M |
| Surplus Reserve | 32.0M | 27.2M | 25.6M | 22.6M | 19.6M | 18.3M | 18.1M | 17.2M | 17.2M | 13.9M | 11.1M | 7.9M | 4.7M | 2.2M |
| Retained Earnings | 206.0M | 187.0M | 167.0M | 148.0M | 112.0M | 105.0M | 101.0M | 94.4M | 119.0M | 127.0M | 104.0M | 94.1M | 62.2M | 31.4M |
| Minority Equity | 28.4M | 24.3M | 33.7M | 32.4M | 40.8M | 33.4M | 11.2M | 10.1M | 1.7M | -- | -- | -- | -- | -- |
| Equity Attributable | 973.0M | 956.0M | 855.0M | 814.0M | 444.0M | 423.0M | 413.0M | 404.0M | 428.0M | 433.0M | 218.0M | 206.0M | 170.0M | 137.0M |
| Total Equity | 1.0B | 980.0M | 889.0M | 846.0M | 485.0M | 456.0M | 424.0M | 414.0M | 430.0M | 433.0M | 218.0M | 206.0M | 170.0M | 137.0M |
| 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 | 680.0M | 543.0M | 390.0M | 316.0M | 308.0M | 199.0M | 178.0M | 149.0M | 76.6M | 117.0M | 148.0M | 141.0M | 119.0M | 91.3M |
| Tax Refunds Received | -- | 3.0M | 14.6M | -- | -- | 307,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 727.0M | 579.0M | 441.0M | 341.0M | 337.0M | 213.0M | 190.0M | 154.0M | 86.0M | 124.0M | 149.0M | 144.0M | 124.0M | 93.2M |
| Cash Paid For Goods | 293.0M | 206.0M | 140.0M | 126.0M | 99.6M | 87.3M | 71.7M | 53.4M | 58.6M | 59.9M | 71.7M | 55.7M | 45.7M | 50.0M |
| Cash Paid To Employees | 324.0M | 277.0M | 214.0M | 149.0M | 106.0M | 93.2M | 68.2M | 50.9M | 43.6M | 34.5M | 26.2M | 20.6M | 16.7M | 10.9M |
| Taxes Paid | 39.0M | 24.7M | 24.8M | 11.8M | 12.5M | 8.3M | 8.2M | 4.7M | 5.9M | 15.4M | 14.1M | 14.8M | 9.9M | 13.0M |
| Total Operating Cash Outflow | 700.0M | 543.0M | 413.0M | 311.0M | 240.0M | 213.0M | 163.0M | 128.0M | 120.0M | 122.0M | 124.0M | 101.0M | 82.1M | 83.0M |
| Operating Cash Flow | 26.8M | 36.0M | 28.1M | 30.1M | 97.1M | 85,900 | 27.1M | 26.2M | -34.2M | 1.9M | 25.7M | 43.5M | 41.4M | 10.2M |
| Total Investing Cash Inflow | 702.0M | 895.0M | 649.0M | 554.0M | 160.0M | 208.0M | 288.0M | 45.4M | 116.0M | 877,200 | -- | -- | -- | -- |
| Total Investing Cash Outflow | 769.0M | 928.0M | 811.0M | 648.0M | 189.0M | 218.0M | 384.0M | 76.9M | 106.0M | 175.0M | 22.6M | 2.9M | 14.0M | 51.4M |
| Investing Cash Flow | -66.9M | -33.1M | -162.0M | -93.5M | -29.2M | -9.6M | -96.5M | -31.5M | 10.0M | -174.0M | -22.6M | -2.9M | -14.0M | -51.4M |
| Cash From Borrowings | 8.1M | 55.8M | 75.0M | 25.1M | 52.0M | 15.0M | 7.7M | 10.9M | 270,300 | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 8.5M | 8.0M | 7.5M | 1.2M | 3.2M | 2.4M | 593,900 | 233,900 | 6.7M | -- | 25.0M | -- | -- | -- |
| Debt Repayments | 72.3M | 24.4M | 25.1M | 32.0M | 35.0M | 7.7M | 10.9M | 270,300 | 0.00 | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 12.7M | 151.0M | 87.6M | 388.0M | 61.4M | 31.7M | 8.8M | 38.6M | 2.1M | 196.0M | -- | -- | -- | 7.8M |
| Total Financing Cash Outflow | 99.7M | 64.0M | 36.2M | 86.1M | 38.5M | 20.4M | 21.7M | 504,200 | 6.7M | 7.0M | 25.0M | -- | -- | -- |
| Financing Cash Flow | -87.0M | 86.9M | 51.4M | 302.0M | 22.9M | 11.3M | -12.9M | 38.1M | -4.6M | 189.0M | -25.0M | -- | -- | 7.8M |
| Net Change In Cash | -127.0M | 90.2M | -79.6M | 238.0M | 89.0M | 2.1M | -81.7M | 32.8M | -28.9M | 16.8M | -21.9M | 40.6M | 27.4M | -33.4M |
| Ending Cash Balance | 269.0M | 395.0M | 305.0M | 385.0M | 146.0M | 57.4M | 55.2M | 137.0M | 104.0M | 133.0M | 116.0M | 138.0M | 97.6M | 70.2M |
| Capex | 29.4M | 62.2M | 118.0M | 54.0M | 31.4M | 29.0M | 38.0M | 62.5M | 78.2M | 13.9M | 22.6M | 2.9M | 14.0M | 51.4M |