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 | 2.6B | 2.2B | 2.1B | 1.9B | 1.4B | 1.4B | 1.7B | 1.8B | 1.5B | 1.1B | 1.0B | 996.0M | 941.0M | 785.0M |
| Revenue Growth % | 20.2% | 2.8% | 13.1% | 34.0% | -4.3% | -14.4% | -7.5% | 18.9% | 34.6% | 13.1% | 1.5% | 5.8% | 19.9% | -- |
| Total Revenue | 2.6B | 2.2B | 2.1B | 1.9B | 1.4B | 1.4B | 1.7B | 1.8B | 1.5B | 1.1B | 1.0B | 996.0M | 941.0M | 785.0M |
| Cost Of Revenue | 2.4B | 2.0B | 1.9B | 1.6B | 1.2B | 1.3B | 1.5B | 1.6B | 1.4B | 1.0B | 891.0M | 874.0M | 831.0M | 682.0M |
| Gross Profit | 237.0M | 207.0M | 221.0M | 220.0M | 152.0M | 136.0M | 169.0M | 191.0M | 164.0M | 135.0M | 120.0M | 122.0M | 110.0M | 103.0M |
| Gross Margin % | 9.1% | 9.6% | 10.5% | 11.8% | 11.0% | 9.4% | 10.0% | 10.4% | 10.7% | 11.8% | 11.9% | 12.2% | 11.7% | 13.1% |
| Total Operating Cost | 2.6B | 2.1B | 2.0B | 1.8B | 1.4B | 1.4B | 1.7B | 1.8B | 1.5B | 1.1B | 969.0M | 954.0M | 896.0M | 742.0M |
| Selling Expenses | 74.3M | 64.3M | 60.6M | 65.5M | 52.5M | 51.6M | 48.2M | 48.1M | 48.8M | 36.7M | 31.8M | 32.6M | 27.0M | 25.4M |
| Admin Expenses | 42.4M | 33.7M | 28.0M | 37.4M | 29.1M | 30.2M | 32.9M | 31.5M | 46.5M | 45.3M | 41.8M | 40.7M | 32.6M | 28.7M |
| Rd Expenses | 47.7M | 34.1M | 43.0M | 38.5M | 27.2M | 24.0M | 30.4M | 30.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 5.8M | 4.8M | 20.8M | -2.1M | -4.4M | 8.4M | 18.7M | 12.9M | -56,100 | 2.5M | 1.2M | 1.4M | 2.1M | 3.8M |
| Operating Income | 39.3M | 39.7M | 63.5M | 71.9M | 52.2M | 29.0M | 20.4M | 63.7M | 59.3M | 46.8M | 41.9M | 41.6M | 45.1M | 43.5M |
| Operating Margin % | 1.5% | 1.8% | 3.0% | 3.9% | 3.8% | 2.0% | 1.2% | 3.5% | 3.9% | 4.1% | 4.1% | 4.2% | 4.8% | 5.5% |
| Non Operating Income | 49,600 | 78,200 | 750,400 | 739,200 | 150,000 | 307,200 | 19,100 | -- | 2.0M | 3.2M | 2.9M | 4.8M | 5.6M | 2.2M |
| Non Operating Expenses | 371,900 | 98,800 | 243,800 | 877,600 | 105,400 | 35,600 | 632,800 | 50,000 | 3,900 | 116,100 | 16,400 | 23,200 | 104,300 | 67,900 |
| Investment Income | -874,900 | 29,600 | 4.2M | 1.4M | 14.4M | 19.5M | 16.8M | 2.8M | 2.1M | 616,400 | 720,200 | -- | -- | -- |
| Fair Value Change Income | -515,900 | 153,700 | 25,300 | -250,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -25,100 | 8,800 | -- | -- | -- | -- | -- | -9,900 | -48,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 25.0M | 32.5M | 9.6M | 8.6M | 7.3M | 5.9M | 35.4M | 7.9M | 10.6M | 4.2M | 3.3M | 4.7M | 3.2M | 791,100 |
| Other Income | 3.9M | 4.7M | 1.5M | 869,800 | 3.0M | 5.2M | 1.6M | 2.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 39.0M | 39.7M | 64.0M | 71.7M | 52.2M | 29.3M | 19.8M | 63.6M | 61.3M | 50.0M | 44.8M | 46.4M | 50.6M | 45.7M |
| Income Tax | 3.9M | 6.1M | 10.1M | 14.0M | 7.0M | -248,500 | 3.6M | 8.9M | 11.9M | 8.8M | 6.3M | 6.2M | 6.8M | 6.8M |
| Net Income | 35.1M | 33.6M | 53.9M | 57.7M | 45.2M | 29.5M | 16.2M | 54.7M | 49.5M | 41.2M | 38.5M | 40.2M | 43.8M | 38.9M |
| Net Margin % | 1.4% | 1.6% | 2.6% | 3.1% | 3.3% | 2.0% | 1.0% | 3.0% | 3.2% | 3.6% | 3.8% | 4.0% | 4.7% | 4.9% |
| Net Income Attributable | 36.4M | 35.6M | 54.1M | 58.2M | 45.0M | 29.3M | 15.8M | 54.4M | 49.3M | 41.2M | 38.3M | 39.9M | 43.6M | 38.6M |
| Minority Interest | -1.2M | -2.0M | -241,600 | -554,100 | 176,800 | 203,800 | 430,200 | 276,800 | 148,900 | -16,300 | 137,900 | 321,400 | 197,500 | 262,400 |
| Eps Basic | 0.07 | 0.07 | 0.11 | 0.12 | 0.09 | 0.06 | 0.05 | 0.18 | 0.16 | 0.46 | 0.43 | 0.44 | 0.48 | -- |
| Eps Diluted | 0.07 | 0.07 | 0.11 | 0.12 | 0.09 | 0.06 | 0.05 | 0.18 | 0.16 | 0.46 | 0.43 | 0.44 | 0.48 | -- |
| 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 | 286.0M | 258.0M | 216.0M | 191.0M | 277.0M | 147.0M | 200.0M | 206.0M | 171.0M | 120.0M | 116.0M | 144.0M | 94.9M | 64.2M |
| Trading Financial Assets | -- | -- | -- | -- | 250,000 | 266,100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 806.0M | 710.0M | 582.0M | 491.0M | 377.0M | 307.0M | 344.0M | 336.0M | 378.0M | 216.0M | 150.0M | 145.0M | 119.0M | 61.5M |
| Notes Receivable | 44.5M | 70.0M | 69.3M | -- | -- | -- | 114.0M | 185.0M | 68.5M | 54.9M | 38.1M | 47.9M | 64.8M | 90.7M |
| Notes And Accounts Receivable | 851.0M | 780.0M | 651.0M | 491.0M | 377.0M | 307.0M | 458.0M | 521.0M | 446.0M | 271.0M | 188.0M | 193.0M | 184.0M | 152.0M |
| Prepayments | 1.4M | 2.5M | 19.1M | 10.0M | 2.6M | 20.6M | 467,100 | 3.0M | 2.1M | 2.5M | 799,300 | 460,000 | 1.1M | 223,900 |
| Inventory | 281.0M | 306.0M | 426.0M | 258.0M | 112.0M | 114.0M | 306.0M | 257.0M | 331.0M | 132.0M | 111.0M | 85.3M | 97.3M | 89.6M |
| Total Current Assets | 1.5B | 1.4B | 1.4B | 1.1B | 918.0M | 744.0M | 998.0M | 1.0B | 983.0M | 642.0M | 435.0M | 436.0M | 386.0M | 311.0M |
| Long Term Equity Investment | 41.6M | 29.2M | 30.8M | 31.1M | 35.8M | 220.0M | 201.0M | 38.7M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 18.2M | 10.5M | 3.6M | 1.2M | 1.5M | 2.7M | 3.2M | 3.2M | 1.6M | 1.7M | 2.1M | 2.0M | 964,600 |
| Fixed Assets Total | 22.8M | 18.2M | 10.5M | 3.6M | 1.2M | 1.5M | 2.7M | 3.2M | 3.2M | 1.6M | 1.7M | 2.1M | 2.0M | 964,600 |
| Intangible Assets | 11.6M | 1.9M | 2.6M | 581,900 | 1.0M | 1.3M | 1.5M | 1.3M | 966,000 | 1.3M | 2.0M | 2.3M | 227,700 | 230,100 |
| Long Term Deferred Expenses | 8.2M | 7.9M | 2.7M | 2.8M | 4.3M | 2.8M | 4.3M | 4.8M | 6.1M | 73,700 | 280,400 | 466,500 | 81,400 | 134,800 |
| Total Non Current Assets | 321.0M | 245.0M | 237.0M | 223.0M | 171.0M | 230.0M | 212.0M | 49.2M | 11.8M | 6.6M | 5.0M | 5.7M | 5.1M | 3.6M |
| Total Assets | 1.9B | 1.6B | 1.6B | 1.3B | 1.1B | 974.0M | 1.2B | 1.1B | 995.0M | 648.0M | 440.0M | 442.0M | 391.0M | 315.0M |
| Short Term Borrowings | 170.0M | 108.0M | 169.0M | 84.7M | 60.8M | 50.4M | 340.0M | 344.0M | 295.0M | 55.0M | 60.5M | 60.5M | 70.2M | 48.7M |
| Accounts Payable | 357.0M | 317.0M | 251.0M | 224.0M | 204.0M | 115.0M | 114.0M | 191.0M | 188.0M | 113.0M | 96.4M | 114.0M | 85.5M | 72.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.2M | 2.6M | 3.0M | 5.7M | 2.5M | 5.6M | 6.1M | 4.0M | 2.7M |
| Contract Liabilities | 4.5M | 3.6M | 7.8M | 9.9M | 6.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 743.0M | 535.0M | 553.0M | 458.0M | 325.0M | 217.0M | 471.0M | 582.0M | 512.0M | 189.0M | 181.0M | 201.0M | 170.0M | 138.0M |
| Total Non Current Liabilities | 24.8M | 28.1M | 16.3M | 17.8M | 11.0M | 9.7M | 7.8M | 5.8M | 4.7M | 3.1M | 1.7M | 1.7M | 1.7M | 1.7M |
| Total Liabilities | 768.0M | 563.0M | 569.0M | 476.0M | 336.0M | 227.0M | 478.0M | 587.0M | 517.0M | 192.0M | 183.0M | 203.0M | 172.0M | 140.0M |
| Paid In Capital | 513.0M | 505.0M | 505.0M | 487.0M | 477.0M | 477.0M | 318.0M | 300.0M | 120.0M | 120.0M | 90.0M | 90.0M | 90.0M | 78.8M |
| Capital Reserve | 267.0M | 232.0M | 235.0M | 120.0M | 84.8M | 84.8M | 244.0M | 32.6M | 213.0M | 213.0M | 72.3M | 72.3M | 72.3M | 55.5M |
| Surplus Reserve | 37.7M | 35.5M | 32.7M | 29.0M | 24.8M | 20.7M | 19.7M | 19.5M | 15.4M | 11.9M | 9.0M | 6.4M | 3.4M | 7.1M |
| Retained Earnings | 272.0M | 261.0M | 243.0M | 210.0M | 170.0M | 139.0M | 136.0M | 153.0M | 120.0M | 111.0M | 88.5M | 72.6M | 54.5M | 35.2M |
| Minority Equity | 4.9M | 5.6M | 4.4M | 7.7M | 3.7M | 3.3M | 3.2M | 2.7M | 2.2M | 2.0M | 2.1M | 2.1M | 1.8M | 1.5M |
| Equity Attributable | 1.1B | 1.1B | 1.0B | 793.0M | 750.0M | 744.0M | 728.0M | 500.0M | 476.0M | 454.0M | 255.0M | 237.0M | 217.0M | 174.0M |
| Total Equity | 1.1B | 1.1B | 1.0B | 801.0M | 753.0M | 747.0M | 731.0M | 502.0M | 478.0M | 456.0M | 257.0M | 239.0M | 219.0M | 175.0M |
| 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 | 2.5B | 2.1B | 2.2B | 1.9B | 1.4B | 1.6B | 1.8B | 1.9B | 1.4B | 1.1B | 1.1B | 1.0B | 953.0M | 772.0M |
| Tax Refunds Received | -- | -- | 301,000 | 32,400 | 138,600 | 22,700 | 15,500 | -- | -- | 1.7M | 1.6M | -- | -- | -- |
| Total Operating Cash Inflow | 2.5B | 2.1B | 2.2B | 1.9B | 1.5B | 1.6B | 1.8B | 1.9B | 1.4B | 1.1B | 1.1B | 1.0B | 959.0M | 775.0M |
| Cash Paid For Goods | 2.3B | 1.8B | 2.2B | 1.8B | 1.3B | 1.2B | 1.7B | 1.7B | 1.6B | 1.0B | 999.0M | 883.0M | 870.0M | 738.0M |
| Cash Paid To Employees | 71.6M | 72.4M | 68.6M | 61.9M | 45.3M | 52.7M | 54.2M | 50.7M | 50.4M | 47.6M | 44.7M | 41.1M | 34.5M | 28.8M |
| Taxes Paid | 28.7M | 16.1M | 24.9M | 16.8M | 8.6M | 8.3M | 14.6M | 12.9M | 15.8M | 14.4M | 12.3M | 14.5M | 14.6M | 11.9M |
| Total Operating Cash Outflow | 2.4B | 1.9B | 2.3B | 2.0B | 1.4B | 1.3B | 1.9B | 1.8B | 1.7B | 1.1B | 1.1B | 968.0M | 944.0M | 801.0M |
| Operating Cash Flow | 47.6M | 138.0M | -148.0M | -106.0M | 87.5M | 270.0M | -36.6M | 51.7M | -250.0M | -34.2M | -4.8M | 77.0M | 14.8M | -26.0M |
| Total Investing Cash Inflow | 47.7M | 89.6M | 8.8M | 6.0M | 200.0M | 14,900 | 8.4M | 3,122 | 331.0M | 47.8M | 20.7M | 45,100 | 1,030 | 10.2M |
| Total Investing Cash Outflow | 85.0M | 56.5M | 79.4M | 36.7M | 141.0M | 3.7M | 157.0M | 38.6M | 231.0M | 156.0M | 20.9M | 2.1M | 2.5M | 2.6M |
| Investing Cash Flow | -37.4M | 33.1M | -70.6M | -30.7M | 58.7M | -3.7M | -149.0M | -38.6M | 100.0M | -108.0M | -151,200 | -2.1M | -2.5M | 7.6M |
| Cash From Borrowings | 205.0M | 167.0M | 221.0M | 142.0M | 122.0M | 146.0M | 1.4B | 1.1B | 598.0M | 319.0M | 128.0M | 129.0M | 176.0M | 81.1M |
| Dividends And Interest Paid | 26.4M | 23.3M | 23.7M | 16.3M | 10.6M | 31.2M | 46.0M | 27.0M | 38.9M | 23.5M | 22.3M | 17.6M | 2.8M | 44.8M |
| Debt Repayments | 143.0M | 227.0M | 140.0M | 95.4M | 112.0M | 436.0M | 1.4B | 1.1B | 358.0M | 327.0M | 128.0M | 137.0M | 154.0M | 116.0M |
| Total Financing Cash Inflow | 246.0M | 180.0M | 380.0M | 181.0M | 141.0M | 179.0M | 1.7B | 1.1B | 598.0M | 503.0M | 133.0M | 129.0M | 177.0M | 176.0M |
| Total Financing Cash Outflow | 224.0M | 285.0M | 195.0M | 129.0M | 123.0M | 467.0M | 1.4B | 1.1B | 422.0M | 395.0M | 150.0M | 158.0M | 190.0M | 161.0M |
| Financing Cash Flow | 21.9M | -105.0M | 185.0M | 51.3M | 18.4M | -288.0M | 226.0M | 27.7M | 177.0M | 107.0M | -16.7M | -29.1M | -12.8M | 15.2M |
| Net Change In Cash | 32.3M | 68.7M | -22.8M | -95.0M | 150.0M | -20.3M | 40.5M | 40.6M | 26.6M | -34.8M | -21.5M | 45.7M | -929,500 | -3.0M |
| Ending Cash Balance | 242.0M | 210.0M | 141.0M | 164.0M | 259.0M | 109.0M | 129.0M | 88.9M | 48.4M | 21.8M | 56.6M | 78.1M | 32.4M | 33.3M |
| Capex | 19.6M | 22.9M | 4.0M | 12.2M | 4.9M | 689,800 | 2.8M | 2.7M | 6.5M | 4.3M | 891,400 | 2.1M | 2.5M | 2.2M |