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 | 1.1B | 929.0M | 763.0M | 710.0M | 691.0M | 692.0M | 556.0M | 500.0M | 454.0M | 448.0M | 443.0M | 420.0M | 365.0M | 323.0M |
| Revenue Growth % | 15.7% | 21.8% | 7.5% | 2.7% | -0.1% | 24.5% | 11.2% | 10.1% | 1.3% | 1.1% | 5.5% | 15.1% | 13.0% | -- |
| Total Revenue | 1.1B | 929.0M | 763.0M | 710.0M | 691.0M | 692.0M | 556.0M | 500.0M | 454.0M | 448.0M | 443.0M | 420.0M | 365.0M | 323.0M |
| Cost Of Revenue | 854.0M | 701.0M | 547.0M | 510.0M | 515.0M | 460.0M | 358.0M | 312.0M | 284.0M | 274.0M | 275.0M | 266.0M | 228.0M | 204.0M |
| Gross Profit | 221.0M | 228.0M | 216.0M | 200.0M | 176.0M | 232.0M | 198.0M | 188.0M | 170.0M | 174.0M | 168.0M | 154.0M | 137.0M | 119.0M |
| Gross Margin % | 20.6% | 24.5% | 28.3% | 28.2% | 25.5% | 33.5% | 35.6% | 37.6% | 37.4% | 38.8% | 37.9% | 36.7% | 37.5% | 36.8% |
| Total Operating Cost | 1.0B | 895.0M | 699.0M | 676.0M | 651.0M | 644.0M | 517.0M | 444.0M | 400.0M | 395.0M | 400.0M | 380.0M | 327.0M | 296.0M |
| Selling Expenses | 52.9M | 47.5M | 38.9M | 34.9M | 31.2M | 71.2M | 57.4M | 49.7M | 38.2M | 37.7M | 48.2M | 42.9M | 38.0M | 30.0M |
| Admin Expenses | 70.7M | 77.0M | 57.5M | 67.8M | 53.7M | 53.6M | 53.8M | 44.1M | 67.3M | 68.3M | 69.1M | 63.1M | 53.3M | 55.0M |
| Rd Expenses | 51.7M | 52.3M | 43.2M | 43.2M | 40.2M | 39.2M | 31.4M | 19.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -15.3M | -4.4M | -847,400 | 4.7M | 4.2M | -4.1M | -99,500 | 2.4M | -2.8M | -2.7M | -1.9M | -985,300 | 1.9M | 2.9M |
| Operating Income | 40.0M | 27.2M | 46.6M | 82.4M | 76.2M | 53.8M | 49.0M | 64.6M | 57.9M | 52.8M | 43.1M | 40.6M | 37.1M | 26.8M |
| Operating Margin % | 3.7% | 2.9% | 6.1% | 11.6% | 11.0% | 7.8% | 8.8% | 12.9% | 12.7% | 11.8% | 9.7% | 9.7% | 10.2% | 8.3% |
| Non Operating Income | 473,200 | 516,200 | 384,400 | 501,200 | 413,200 | 2.6M | 1.9M | 3.6M | 10.6M | 3.9M | 7.6M | 5.9M | 3.9M | 2.9M |
| Non Operating Expenses | 107,300 | 339,200 | 149,100 | 203,900 | 271,700 | 101,000 | 130,200 | 18,800 | 90,000 | 14,100 | 60,000 | -- | 110,000 | 10,000 |
| Investment Income | 85,000 | -15.4M | -15.2M | 25.8M | -- | -- | -- | 838,500 | 4.2M | -- | -- | -- | -- | -39,400 |
| Fair Value Change Income | -- | -678,400 | -10.0M | 13.1M | 4.2M | -- | -- | -- | -- | -- | -- | -- | -- | 6,100 |
| Asset Disposal Income | 5,500 | 426,300 | 70,100 | 255,800 | 59,300 | 63,000 | -6,000 | 53,000 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 14.2M | 9.7M | 1.3M | 2.1M | 1.3M | -- | 11.7M | 10.2M | 9.8M | 12.8M | 7.9M | 6.7M | 4.1M | 2.7M |
| Other Income | 9.9M | 9.4M | 7.4M | 9.3M | 31.9M | 5.4M | 9.5M | 7.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 40.4M | 27.4M | 46.9M | 82.6M | 76.3M | 56.4M | 50.7M | 68.1M | 68.4M | 56.7M | 50.7M | 46.6M | 40.9M | 29.6M |
| Income Tax | 4.0M | 1.5M | 5.1M | 14.5M | 12.2M | 3.2M | 4.1M | 8.9M | 8.8M | 7.2M | 6.5M | 6.2M | 5.1M | 4.6M |
| Net Income | 36.5M | 26.0M | 41.8M | 68.1M | 64.1M | 53.2M | 46.6M | 59.3M | 59.6M | 49.5M | 44.2M | 40.4M | 35.8M | 25.0M |
| Net Margin % | 3.4% | 2.8% | 5.5% | 9.6% | 9.3% | 7.7% | 8.4% | 11.9% | 13.1% | 11.1% | 10.0% | 9.6% | 9.8% | 7.7% |
| Net Income Attributable | 45.3M | 23.3M | 34.1M | 58.3M | 58.1M | 41.9M | 43.1M | 59.3M | 59.6M | 49.5M | 44.2M | 40.4M | 35.8M | 25.1M |
| Minority Interest | -8.8M | 2.7M | 7.6M | 9.9M | 6.1M | 11.3M | 3.5M | 33.00 | -- | -- | -- | -- | -- | -111,000 |
| Eps Basic | 0.15 | 0.08 | 0.12 | 0.20 | 0.20 | 0.14 | 0.19 | 0.39 | 0.81 | 0.83 | 0.74 | 0.67 | 0.64 | -- |
| Eps Diluted | 0.15 | 0.08 | 0.12 | 0.20 | 0.20 | 0.14 | 0.19 | 0.39 | 0.81 | 0.83 | 0.74 | 0.67 | 0.64 | -- |
| 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 | 646.0M | 380.0M | 383.0M | 441.0M | 501.0M | 308.0M | 301.0M | 341.0M | 340.0M | 225.0M | 164.0M | 182.0M | 113.0M | 136.0M |
| Trading Financial Assets | -- | 19.3M | 42.6M | 121.0M | 4.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 106.0M | 144.0M | 139.0M | 125.0M | 133.0M | 131.0M | 146.0M | 154.0M | 132.0M | 127.0M | 105.0M | 85.5M | 78.1M | 43.1M |
| Notes Receivable | 80,000 | -- | 3.0M | -- | -- | -- | 1.4M | -- | 200,000 | 3.0M | -- | 5.7M | 13.2M | 2.9M |
| Notes And Accounts Receivable | 107.0M | 144.0M | 142.0M | 125.0M | 133.0M | 131.0M | 148.0M | 154.0M | 132.0M | 130.0M | 105.0M | 91.2M | 91.3M | 46.0M |
| Prepayments | 16.9M | 33.2M | 86.2M | 31.6M | 50.7M | 36.0M | 24.9M | 23.1M | 22.1M | 16.1M | 8.2M | 16.1M | 13.7M | 13.9M |
| Inventory | 1.2B | 1.2B | 879.0M | 826.0M | 592.0M | 557.0M | 505.0M | 412.0M | 359.0M | 337.0M | 391.0M | 323.0M | 247.0M | 218.0M |
| Total Current Assets | 2.1B | 1.8B | 1.5B | 1.6B | 1.3B | 1.0B | 1.0B | 931.0M | 964.0M | 710.0M | 671.0M | 618.0M | 471.0M | 421.0M |
| Fixed Assets | -- | 124.0M | 141.0M | 159.0M | 185.0M | 182.0M | 270.0M | 100.0M | 106.0M | 111.0M | 106.0M | 87.8M | 88.4M | 90.0M |
| Fixed Assets Total | 110.0M | 124.0M | 141.0M | 159.0M | 185.0M | 182.0M | 270.0M | 100.0M | 106.0M | 111.0M | 106.0M | 87.8M | 88.4M | 90.0M |
| Construction In Progress | -- | 2.4M | -- | -- | 1.0M | 30.1M | 2.0M | 1.7M | 1.7M | 693,500 | 2.9M | 16.5M | 3.3M | 835,100 |
| Construction In Progress Total | 17.5M | 2.4M | -- | -- | 1.0M | 30.1M | 2.0M | 1.7M | 1.7M | 693,500 | 2.9M | 16.5M | 3.3M | 835,100 |
| Intangible Assets | 29.7M | 36.3M | 38.2M | 38.7M | 34.1M | 34.1M | 30.5M | 31.1M | 27.9M | 28.0M | 27.9M | 37.3M | 26.5M | 27.2M |
| Long Term Deferred Expenses | 2.5M | 1.4M | 1.2M | 2.9M | 3.6M | 4.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 327.0M | 319.0M | 345.0M | 357.0M | 373.0M | 408.0M | 380.0M | 314.0M | 161.0M | 164.0M | 161.0M | 145.0M | 124.0M | 120.0M |
| Total Assets | 2.4B | 2.1B | 1.9B | 1.9B | 1.7B | 1.5B | 1.4B | 1.2B | 1.1B | 875.0M | 832.0M | 763.0M | 595.0M | 541.0M |
| Short Term Borrowings | 157.0M | 109.0M | 166.0M | 195.0M | 135.0M | 66.5M | -- | -- | -- | -- | -- | -- | 20.0M | 96.0M |
| Accounts Payable | 373.0M | 303.0M | 202.0M | 240.0M | 171.0M | 188.0M | 182.0M | 139.0M | 124.0M | 120.0M | 133.0M | 112.0M | 101.0M | 69.6M |
| Advance Receipts | 46.9M | 45.7M | 23.1M | 24.8M | 31.2M | 376.0M | 423.0M | 354.0M | 309.0M | 332.0M | 307.0M | 303.0M | 214.0M | 181.0M |
| Contract Liabilities | 937.0M | 743.0M | 613.0M | 547.0M | 434.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.7B | 1.4B | 1.2B | 1.2B | 960.0M | 757.0M | 725.0M | 622.0M | 523.0M | 538.0M | 544.0M | 524.0M | 394.0M | 415.0M |
| Long Term Borrowings | 58.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 71.4M | 14.9M | 25.4M | 33.5M | 22.5M | 17.5M | 20.3M | 19.2M | 23.4M | 24.9M | 25.4M | 20.6M | 22.6M | 9.9M |
| Total Liabilities | 1.8B | 1.4B | 1.2B | 1.2B | 983.0M | 774.0M | 745.0M | 641.0M | 546.0M | 562.0M | 569.0M | 544.0M | 417.0M | 424.0M |
| Paid In Capital | 296.0M | 296.0M | 296.0M | 296.0M | 296.0M | 228.0M | 152.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 20.0M |
| Capital Reserve | 90.1M | 90.1M | 90.1M | 90.1M | 90.1M | 158.0M | 234.0M | 306.0M | 306.0M | 95.5M | 95.5M | 95.5M | 95.5M | 14.3M |
| Surplus Reserve | 52.6M | 47.1M | 45.1M | 42.3M | 39.3M | 34.5M | 31.4M | 26.8M | 20.9M | 15.0M | 10.1M | 5.8M | 1.8M | 8.5M |
| Retained Earnings | 219.0M | 215.0M | 229.0M | 227.0M | 207.0M | 179.0M | 179.0M | 188.0M | 171.0M | 141.0M | 96.4M | 56.5M | 20.1M | 74.0M |
| Minority Equity | 32.4M | 73.6M | 72.3M | 65.1M | 69.2M | 80.6M | 38.2M | 1.5M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 584.0M | 607.0M | 621.0M | 617.0M | 610.0M | 596.0M | 597.0M | 602.0M | 579.0M | 312.0M | 263.0M | 218.0M | 178.0M | 117.0M |
| Total Equity | 617.0M | 681.0M | 693.0M | 682.0M | 679.0M | 677.0M | 635.0M | 604.0M | 579.0M | 312.0M | 263.0M | 218.0M | 178.0M | 117.0M |
| 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 | 1.3B | 1.1B | 837.0M | 899.0M | 871.0M | 686.0M | 692.0M | 567.0M | 456.0M | 502.0M | 471.0M | 559.0M | 392.0M | 413.0M |
| Tax Refunds Received | 26.5M | 47.3M | 18.5M | 24.0M | 23.0M | 36.9M | 15.0M | 19.9M | 6.4M | 1.2M | 5.1M | 9.0M | 4.2M | 1.7M |
| Total Operating Cash Inflow | 1.4B | 1.2B | 867.0M | 941.0M | 938.0M | 738.0M | 721.0M | 596.0M | 471.0M | 512.0M | 489.0M | 573.0M | 405.0M | 421.0M |
| Cash Paid For Goods | 856.0M | 851.0M | 676.0M | 687.0M | 544.0M | 508.0M | 461.0M | 351.0M | 290.0M | 263.0M | 324.0M | 309.0M | 239.0M | 217.0M |
| Cash Paid To Employees | 196.0M | 181.0M | 155.0M | 143.0M | 120.0M | 127.0M | 106.0M | 90.7M | 81.9M | 77.4M | 81.0M | 72.7M | 63.5M | 56.0M |
| Taxes Paid | 28.4M | 22.2M | 22.9M | 21.5M | 20.3M | 16.4M | 37.6M | 20.7M | 24.3M | 47.5M | 22.6M | 16.7M | 25.5M | 15.7M |
| Total Operating Cash Outflow | 1.1B | 1.1B | 907.0M | 909.0M | 732.0M | 727.0M | 673.0M | 510.0M | 457.0M | 438.0M | 484.0M | 483.0M | 377.0M | 336.0M |
| Operating Cash Flow | 236.0M | 84.8M | -40.4M | 31.7M | 205.0M | 10.4M | 47.9M | 86.0M | 13.9M | 73.8M | 5.0M | 90.0M | 27.9M | 84.9M |
| Total Investing Cash Inflow | 304.0M | 264.0M | 350.0M | 26.2M | 89,800 | 227,300 | 14,600 | 111.0M | 4.2M | 1.6M | 6.4M | 7.0M | 13.7M | 391,100 |
| Total Investing Cash Outflow | 340.0M | 270.0M | 311.0M | 132.0M | 36.2M | 36.0M | 53.0M | 163.0M | 118.0M | 9.9M | 23.1M | 33.0M | 15.8M | 23.0M |
| Investing Cash Flow | -36.6M | -6.6M | 38.9M | -105.0M | -36.1M | -35.8M | -53.0M | -52.5M | -114.0M | -8.4M | -16.8M | -26.0M | -2.1M | -22.6M |
| Cash From Borrowings | 297.0M | 126.0M | 183.0M | 270.0M | 247.0M | 66.4M | -- | -- | -- | -- | -- | 60.0M | 60.0M | 96.0M |
| Dividends And Interest Paid | 40.4M | 35.5M | 34.6M | 40.9M | 40.5M | 38.7M | 48.0M | 36.0M | 24.0M | -- | -- | 69,700 | 42.4M | 9.5M |
| Debt Repayments | 189.0M | 184.0M | 214.0M | 208.0M | 178.0M | -- | -- | -- | -- | -- | -- | 80.0M | 136.0M | 57.7M |
| Total Financing Cash Inflow | 297.0M | 126.0M | 183.0M | 271.0M | 247.0M | 73.9M | 12.3M | 1.5M | 264.0M | -- | -- | 60.0M | 135.0M | 96.0M |
| Total Financing Cash Outflow | 233.0M | 225.0M | 251.0M | 250.0M | 219.0M | 38.7M | 48.0M | 36.0M | 57.4M | -- | -- | 80.1M | 178.0M | 73.4M |
| Financing Cash Flow | 63.9M | -98.7M | -68.5M | 21.1M | 28.3M | 35.2M | -35.7M | -34.5M | 207.0M | -- | -- | -20.1M | -43.6M | 22.6M |
| Net Change In Cash | 255.0M | -19.1M | -63.4M | -53.7M | 190.0M | 11.5M | -40.7M | -1.0M | 107.0M | 65.5M | -11.7M | 44.0M | -17.8M | 84.9M |
| Ending Cash Balance | 585.0M | 330.0M | 349.0M | 413.0M | 466.0M | 276.0M | 265.0M | 305.0M | 306.0M | 200.0M | 134.0M | 146.0M | 102.0M | 120.0M |
| Capex | 54.2M | 9.3M | 21.7M | 23.8M | 36.2M | 36.0M | 53.0M | 163.0M | 8.2M | 9.9M | 23.1M | 33.0M | 15.8M | 11.9M |