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 | 985.0M | 1.2B | 911.0M | 906.0M | 787.0M | 690.0M | 520.0M | 690.0M | 612.0M | 460.0M | 363.0M | 311.0M | 275.0M | 251.0M |
| Revenue Growth % | -16.9% | 30.1% | 0.6% | 15.1% | 14.1% | 32.7% | -24.6% | 12.7% | 33.0% | 26.7% | 16.7% | 13.1% | 9.6% | -- |
| Total Revenue | 985.0M | 1.2B | 911.0M | 906.0M | 787.0M | 690.0M | 520.0M | 690.0M | 612.0M | 460.0M | 363.0M | 311.0M | 275.0M | 251.0M |
| Cost Of Revenue | 619.0M | 775.0M | 502.0M | 518.0M | 401.0M | 353.0M | 215.0M | 368.0M | 335.0M | 215.0M | 170.0M | 147.0M | 134.0M | 131.0M |
| Gross Profit | 366.0M | 410.0M | 409.0M | 388.0M | 386.0M | 337.0M | 305.0M | 322.0M | 277.0M | 245.0M | 193.0M | 164.0M | 141.0M | 120.0M |
| Gross Margin % | 37.2% | 34.6% | 44.9% | 42.8% | 49.0% | 48.8% | 58.7% | 46.7% | 45.3% | 53.3% | 53.2% | 52.7% | 51.3% | 47.8% |
| Total Operating Cost | 940.0M | 1.2B | 878.0M | 843.0M | 662.0M | 587.0M | 451.0M | 574.0M | 503.0M | 346.0M | 267.0M | 225.0M | 198.0M | 175.0M |
| Selling Expenses | 79.5M | 90.0M | 82.6M | 86.3M | 64.8M | 54.6M | 57.1M | 50.0M | 36.5M | 30.8M | 21.4M | 14.6M | 9.7M | 8.2M |
| Admin Expenses | 114.0M | 133.0M | 115.0M | 132.0M | 105.0M | 101.0M | 93.0M | 85.5M | 106.0M | 81.1M | 57.0M | 48.6M | 44.6M | 31.0M |
| Rd Expenses | 66.7M | 98.4M | 95.9M | 91.8M | 89.5M | 80.1M | 71.4M | 55.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 1.2M | 4.6M | 6.6M | 2.9M | -1.7M | -884,200 | -13.0M | -11.9M | -9.8M | -2.6M | -611,000 | 673,600 | 287,300 | -2.3M |
| Operating Income | 74.4M | 121.0M | 53.4M | 98.7M | 172.0M | 142.0M | 107.0M | 157.0M | 112.0M | 122.0M | 96.6M | 86.1M | 76.8M | 75.9M |
| Operating Margin % | 7.5% | 10.2% | 5.9% | 10.9% | 21.9% | 20.6% | 20.6% | 22.8% | 18.3% | 26.5% | 26.6% | 27.7% | 27.9% | 30.2% |
| Non Operating Income | 435,600 | 587,100 | 6.7M | 221,700 | 799,000 | 448,900 | 7.7M | 817,000 | 41.9M | 23.6M | 26.8M | 20.8M | 19.7M | 9.2M |
| Non Operating Expenses | 1.5M | 1.1M | 4.8M | 1.1M | 1.1M | 31,700 | 108,600 | 90,900 | 16,900 | 6,800 | 1,000 | 3,400 | 52,900 | -- |
| Investment Income | -572,800 | -906,800 | -4.2M | 1.9M | 15.8M | 13.4M | 10.7M | 3.3M | 3.1M | 8.0M | -- | -- | -- | -- |
| Fair Value Change Income | 72,300 | 155,400 | 23,500 | 7,800 | 1.2M | 1.2M | -6,300 | -16,800 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2,400 | 68.7M | 177,100 | -85,300 | -54,000 | -254,400 | 2,000 | -94,100 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 45.7M | 31.9M | 34.0M | 2.6M | 6.4M | -36,200 | 19.9M | 18.4M | 26.1M | 16.5M | 10.5M | 8.8M | 5.0M | 4.0M |
| Other Income | 29.9M | 28.2M | 24.5M | 33.7M | 29.6M | 24.2M | 27.7M | 38.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 73.3M | 121.0M | 55.3M | 97.9M | 171.0M | 142.0M | 115.0M | 157.0M | 154.0M | 146.0M | 123.0M | 107.0M | 96.5M | 85.1M |
| Income Tax | 21.1M | 20.5M | 10.3M | 12.5M | 20.2M | 15.5M | 10.9M | 17.3M | 15.5M | 17.7M | 14.4M | 12.8M | 8.7M | 9.1M |
| Net Income | 52.1M | 100.0M | 45.0M | 85.4M | 151.0M | 127.0M | 104.0M | 140.0M | 138.0M | 128.0M | 109.0M | 94.0M | 87.8M | 76.1M |
| Net Margin % | 5.3% | 8.4% | 4.9% | 9.4% | 19.2% | 18.4% | 20.0% | 20.3% | 22.5% | 27.8% | 30.0% | 30.2% | 31.9% | 30.3% |
| Net Income Attributable | 48.8M | 96.9M | 40.9M | 95.4M | 151.0M | 130.0M | 105.0M | 137.0M | 139.0M | 128.0M | 109.0M | 94.0M | 87.8M | 76.1M |
| Minority Interest | 3.3M | 3.3M | 4.1M | -10.0M | -236,200 | -3.5M | -1.6M | 3.0M | -810,300 | -130,300 | -- | -- | -- | -- |
| Eps Basic | 0.13 | 0.22 | 0.09 | 0.21 | 0.34 | 0.29 | 0.23 | 0.26 | 0.31 | 0.63 | 1.30 | 1.12 | 1.05 | 0.91 |
| Eps Diluted | 0.13 | 0.22 | 0.09 | 0.21 | 0.34 | 0.29 | 0.23 | 0.30 | 0.31 | 0.63 | 1.30 | 1.12 | 1.05 | -- |
| 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 | 199.0M | 305.0M | 203.0M | 239.0M | 229.0M | 193.0M | 174.0M | 830.0M | 775.0M | 663.0M | 180.0M | 128.0M | 122.0M | 108.0M |
| Trading Financial Assets | 150.0M | 21.2M | 9.6M | 29.6M | 295.0M | 332.0M | -- | 8.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.1B | 1.2B | 1.1B | 944.0M | 714.0M | 578.0M | 653.0M | 648.0M | 606.0M | 376.0M | 338.0M | 364.0M | 269.0M | 186.0M |
| Notes Receivable | 34.2M | 67.1M | 32.0M | 29.2M | 34.6M | 87.4M | 68.1M | 38.1M | 22.5M | 40.2M | 16.9M | 11.9M | 2.3M | 1.7M |
| Notes And Accounts Receivable | 1.1B | 1.2B | 1.1B | 973.0M | 748.0M | 665.0M | 722.0M | 686.0M | 629.0M | 416.0M | 355.0M | 376.0M | 271.0M | 188.0M |
| Prepayments | 14.3M | 12.5M | 30.3M | 31.2M | 29.7M | 39.6M | 33.6M | 21.0M | 9.8M | 9.6M | 7.7M | 2.7M | 1.8M | 10.2M |
| Inventory | 305.0M | 311.0M | 444.0M | 337.0M | 303.0M | 267.0M | 218.0M | 182.0M | 245.0M | 265.0M | 141.0M | 24.6M | 25.7M | 18.8M |
| Total Current Assets | 2.1B | 2.1B | 2.0B | 1.8B | 1.8B | 1.7B | 1.6B | 1.8B | 1.7B | 1.4B | 697.0M | 538.0M | 425.0M | 328.0M |
| Long Term Equity Investment | 592,300 | 997,800 | 40.1M | 59.2M | 45.1M | 30.8M | 839,400 | 8.1M | 36.9M | 31.5M | -- | -- | -- | -- |
| Fixed Assets | -- | 81.5M | 130.0M | 135.0M | 130.0M | 136.0M | 143.0M | 143.0M | 130.0M | 91.0M | 63.5M | 65.5M | 67.4M | 2.1M |
| Fixed Assets Total | 78.2M | 81.5M | 130.0M | 135.0M | 130.0M | 136.0M | 143.0M | 143.0M | 130.0M | 91.0M | 63.5M | 65.5M | 67.4M | 2.1M |
| Construction In Progress | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.6M | -- | -- | -- | 48.6M |
| Construction In Progress Total | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.6M | -- | -- | -- | 48.6M |
| Intangible Assets | 57.9M | 56.9M | 49.3M | 33.6M | 24.1M | 27.9M | 28.6M | 29.7M | 23.9M | 13.5M | 16.0M | 18.6M | 20.8M | 23.4M |
| Long Term Deferred Expenses | 3.5M | 4.6M | 813,200 | 1.5M | 2.0M | 2.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 426.0M | 479.0M | 551.0M | 564.0M | 515.0M | 301.0M | 262.0M | 260.0M | 208.0M | 151.0M | 85.9M | 89.5M | 91.8M | 75.9M |
| Total Assets | 2.5B | 2.6B | 2.6B | 2.4B | 2.3B | 2.0B | 1.9B | 2.0B | 1.9B | 1.6B | 783.0M | 628.0M | 517.0M | 404.0M |
| Short Term Borrowings | 46.8M | 64.7M | 119.0M | -- | 15.0M | 5.0M | 13.0M | -- | -- | -- | -- | 25.0M | -- | -- |
| Accounts Payable | 482.0M | 507.0M | 430.0M | 375.0M | 264.0M | 240.0M | 195.0M | 222.0M | 275.0M | 198.0M | 113.0M | 65.0M | 83.7M | 62.6M |
| Advance Receipts | 126,300 | -- | -- | -- | -- | 44.4M | 67.6M | 53.4M | 87.1M | 71.1M | 43.0M | 9.9M | 7.5M | 14.4M |
| Contract Liabilities | 84.2M | 85.2M | 160.0M | 98.0M | 68.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 848.0M | 968.0M | 1.1B | 943.0M | 670.0M | 629.0M | 660.0M | 540.0M | 504.0M | 417.0M | 255.0M | 183.0M | 154.0M | 128.0M |
| Long Term Borrowings | -- | -- | 36.0M | 48.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 25.2M | 34.4M | 48.9M | 58.7M | 5.9M | 9.1M | 9.3M | 11.1M | 6.2M | 4.0M | 3.6M | 4.2M | 4.3M | -- |
| Total Liabilities | 873.0M | 1.0B | 1.2B | 1.0B | 676.0M | 638.0M | 669.0M | 551.0M | 510.0M | 421.0M | 259.0M | 187.0M | 158.0M | 128.0M |
| Paid In Capital | 444.0M | 445.0M | 445.0M | 447.0M | 448.0M | 448.0M | 448.0M | 456.0M | 224.0M | 112.0M | 84.0M | 84.0M | 84.0M | 84.0M |
| Capital Reserve | 119.0M | 116.0M | 1.8M | 2.6M | 237.0M | 37.8M | 37.9M | 391.0M | 628.0M | 652.0M | 122.0M | 122.0M | 122.0M | 122.0M |
| Surplus Reserve | 36.1M | 20.4M | 16.1M | 11.4M | 95.2M | 85.0M | 80.5M | 73.2M | 62.5M | 48.9M | 36.1M | 25.2M | 15.8M | 7.0M |
| Retained Earnings | 1.1B | 1.1B | 962.0M | 944.0M | 883.0M | 742.0M | 637.0M | 565.0M | 465.0M | 369.0M | 282.0M | 209.0M | 137.0M | 62.8M |
| Minority Equity | 17.9M | 14.6M | 11.1M | 7.1M | 24.2M | 33.6M | 20.9M | 58.7M | 13.5M | -1.2M | -- | -- | -- | -- |
| Equity Attributable | 1.6B | 1.6B | 1.4B | 1.4B | 1.6B | 1.3B | 1.2B | 1.4B | 1.4B | 1.2B | 525.0M | 441.0M | 359.0M | 276.0M |
| Total Equity | 1.6B | 1.6B | 1.4B | 1.4B | 1.6B | 1.3B | 1.2B | 1.5B | 1.4B | 1.2B | 525.0M | 441.0M | 359.0M | 276.0M |
| 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 | 1.0B | 1.0B | 860.0M | 792.0M | 819.0M | 767.0M | 569.0M | 728.0M | 535.0M | 487.0M | 508.0M | 257.0M | 229.0M | 177.0M |
| Tax Refunds Received | 18.5M | 17.2M | 22.4M | 20.5M | 21.2M | 18.8M | 22.8M | 33.3M | 28.8M | 20.6M | 23.2M | 18.5M | 17.4M | 8.7M |
| Total Operating Cash Inflow | 1.1B | 1.1B | 901.0M | 838.0M | 881.0M | 843.0M | 605.0M | 807.0M | 601.0M | 527.0M | 547.0M | 290.0M | 254.0M | 190.0M |
| Cash Paid For Goods | 482.0M | 501.0M | 557.0M | 404.0M | 407.0M | 383.0M | 321.0M | 415.0M | 305.0M | 240.0M | 294.0M | 163.0M | 133.0M | 83.5M |
| Cash Paid To Employees | 183.0M | 192.0M | 191.0M | 218.0M | 170.0M | 122.0M | 119.0M | 104.0M | 69.4M | 54.6M | 39.4M | 31.1M | 27.9M | 15.9M |
| Taxes Paid | 112.0M | 99.6M | 90.4M | 83.7M | 81.2M | 68.1M | 76.3M | 94.1M | 66.2M | 87.3M | 58.1M | 62.7M | 39.9M | 28.4M |
| Total Operating Cash Outflow | 901.0M | 917.0M | 967.0M | 854.0M | 778.0M | 710.0M | 616.0M | 706.0M | 531.0M | 447.0M | 444.0M | 297.0M | 220.0M | 149.0M |
| Operating Cash Flow | 162.0M | 146.0M | -65.7M | -16.1M | 102.0M | 134.0M | -11.0M | 101.0M | 70.1M | 79.6M | 103.0M | -6.5M | 33.4M | 40.7M |
| Total Investing Cash Inflow | 387.0M | 374.0M | 334.0M | 1.1B | 1.8B | 1.3B | 2.2B | 2.7B | 3.4B | 1.8B | 131.0M | 50.4M | -- | 70.9M |
| Total Investing Cash Outflow | 534.0M | 345.0M | 356.0M | 1.0B | 1.9B | 1.4B | 2.2B | 3.4B | 3.3B | 1.9B | 156.0M | 53.0M | 14.6M | 128.0M |
| Investing Cash Flow | -147.0M | 29.7M | -22.2M | 70.4M | -49.6M | -105.0M | -5.8M | -626.0M | 59.9M | -109.0M | -25.0M | -2.7M | -14.6M | -56.7M |
| Cash From Borrowings | 122.0M | 208.0M | 124.0M | 60.0M | 9.0M | 2.0M | 13.5M | 1.4M | -- | -- | -- | 25.0M | -- | -- |
| Dividends And Interest Paid | 20.0M | 4.4M | 21.5M | 34.0M | 25.4M | 22.4M | 43.3M | 64.9M | 29.1M | 29.1M | 25.4M | 12.3M | 5.0M | 12.0M |
| Debt Repayments | 174.0M | 254.0M | 19.3M | 25.0M | 7.0M | 15.0M | 500,000 | 1.4M | -- | -- | 25.0M | -- | -- | -- |
| Total Financing Cash Inflow | 131.0M | 208.0M | 124.0M | 63.2M | 29.3M | 34.7M | 28.3M | 66.3M | -- | 564.0M | -- | 25.0M | -- | -- |
| Total Financing Cash Outflow | 235.0M | 271.0M | 85.2M | 104.0M | 32.4M | 59.5M | 125.0M | 68.7M | 29.1M | 35.5M | 50.4M | 12.3M | 5.0M | 12.0M |
| Financing Cash Flow | -104.0M | -63.5M | 39.2M | -40.5M | -3.1M | -24.8M | -96.6M | -2.4M | -29.1M | 529.0M | -50.4M | 12.7M | -5.0M | -12.0M |
| Net Change In Cash | -89.1M | 112.0M | -48.8M | 13.8M | 50.1M | 4.6M | -112.0M | -528.0M | 102.0M | 500.0M | 27.4M | 3.7M | 13.8M | -28.0M |
| Ending Cash Balance | 182.0M | 271.0M | 159.0M | 208.0M | 194.0M | 131.0M | 126.0M | 239.0M | 751.0M | 649.0M | 150.0M | 122.0M | 119.0M | 105.0M |
| Capex | 13.2M | 33.1M | 26.6M | 28.8M | 3.9M | 2.6M | 5.6M | 2.8M | 21.6M | 29.6M | 634,700 | 3.0M | 14.6M | 57.6M |