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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0B | 1.1B | 1.0B | 866.0M | 660.0M | 780.0M | 697.0M | 601.0M | 457.0M | 351.0M | 376.0M | 268.0M | 160.0M |
| Revenue Growth % | -7.9% | 7.3% | 18.0% | 31.2% | -15.4% | 11.9% | 16.0% | 31.5% | 30.2% | -6.6% | 40.3% | 67.5% | -- |
| Total Revenue | 1.0B | 1.1B | 1.0B | 866.0M | 660.0M | 780.0M | 697.0M | 601.0M | 457.0M | 351.0M | 376.0M | 268.0M | 160.0M |
| Cost Of Revenue | 590.0M | 694.0M | 708.0M | 630.0M | 480.0M | 543.0M | 441.0M | 375.0M | 273.0M | 206.0M | 210.0M | 153.0M | 82.0M |
| Gross Profit | 420.0M | 403.0M | 314.0M | 236.0M | 180.0M | 237.0M | 256.0M | 226.0M | 184.0M | 145.0M | 166.0M | 115.0M | 78.0M |
| Gross Margin % | 41.6% | 36.7% | 30.7% | 27.3% | 27.3% | 30.4% | 36.7% | 37.6% | 40.3% | 41.3% | 44.1% | 42.9% | 48.8% |
| Total Operating Cost | 819.0M | 909.0M | 936.0M | 827.0M | 644.0M | 751.0M | 678.0M | 555.0M | 438.0M | 339.0M | 328.0M | 236.0M | 129.0M |
| Selling Expenses | 87.9M | 87.3M | 92.8M | 64.9M | 61.3M | 83.1M | 97.6M | 82.6M | 84.9M | 61.5M | 47.4M | 37.3M | 21.8M |
| Admin Expenses | 61.4M | 64.7M | 55.5M | 44.1M | 43.2M | 45.8M | 48.6M | 45.1M | 65.7M | 57.9M | 55.7M | 38.2M | 19.4M |
| Rd Expenses | 74.9M | 70.9M | 69.3M | 75.1M | 53.0M | 61.1M | 75.6M | 46.5M | -- | -- | -- | -- | -- |
| Finance Expenses | -7.7M | -10.5M | -2.1M | -573,700 | -56,200 | 2.9M | 13,800 | -2.0M | 5.7M | 5.2M | 6.3M | 3.1M | 141,000 |
| Operating Income | 234.0M | 226.0M | 115.0M | 60.4M | 37.7M | 59.8M | 58.5M | 84.0M | 19.6M | 11.7M | 47.6M | 32.4M | 30.6M |
| Operating Margin % | 23.2% | 20.6% | 11.3% | 7.0% | 5.7% | 7.7% | 8.4% | 14.0% | 4.3% | 3.3% | 12.7% | 12.1% | 19.1% |
| Non Operating Income | 365,200 | 134,900 | 187,500 | 67,100 | 12,800 | 14,000 | 2,700 | 1,200 | 30.8M | 25.5M | 6.7M | 152,400 | 1.2M |
| Non Operating Expenses | 244,500 | 160,200 | 977,900 | 503,400 | 155,200 | 125,400 | 324,300 | 70,600 | -- | 56,500 | 14,400 | 49,400 | -- |
| Investment Income | 7.0M | 2.7M | 579,500 | 4.9M | 4.4M | 171,900 | 1.3M | 304,300 | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -1.3M | 1.4M | 132,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 34,000 | -312,300 | 103,000 | -- | -84,400 | -- | -245,800 | 3,800 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.0M | 4.1M | 4.5M | 6.5M | 1.2M | 2.6M | 9.5M | 1.5M | 4.6M | 5.4M | 5.3M | 3.1M | 4.2M |
| Other Income | 35.3M | 37.3M | 28.1M | 16.3M | 17.9M | 30.2M | 37.6M | 37.6M | -- | -- | -- | -- | -- |
| Income Before Tax | 234.0M | 226.0M | 115.0M | 60.0M | 37.5M | 59.7M | 58.2M | 83.9M | 50.4M | 37.2M | 54.3M | 32.5M | 31.9M |
| Income Tax | 35.7M | 34.8M | 15.9M | 2.4M | 3.9M | 6.5M | 5.7M | 12.0M | 6.7M | 4.9M | 6.7M | 4.5M | 4.8M |
| Net Income | 198.0M | 192.0M | 98.8M | 57.6M | 33.6M | 53.2M | 52.5M | 71.9M | 43.7M | 32.3M | 47.6M | 28.0M | 27.1M |
| Net Margin % | 19.6% | 17.5% | 9.7% | 6.6% | 5.1% | 6.8% | 7.5% | 12.0% | 9.6% | 9.2% | 12.7% | 10.4% | 16.9% |
| Net Income Attributable | 198.0M | 192.0M | 98.8M | 57.6M | 33.6M | 53.2M | 52.5M | 71.9M | 43.7M | 32.3M | 47.6M | 28.0M | 27.1M |
| Eps Basic | 0.99 | 0.96 | 0.49 | 0.29 | 0.17 | 0.27 | 0.26 | 0.78 | 0.58 | 0.44 | 0.66 | -- | -- |
| Eps Diluted | 0.99 | 0.96 | 0.49 | 0.29 | 0.17 | 0.27 | 0.26 | 0.78 | 0.58 | 0.44 | 0.66 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 530.0M | 375.0M | 279.0M | 406.0M | 319.0M | 318.0M | 270.0M | 252.0M | 89.9M | 43.8M | 60.8M | 47.2M | 24.5M |
| Trading Financial Assets | -- | -- | 91.3M | 25.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 188.0M | 184.0M | 285.0M | 266.0M | 247.0M | 356.0M | 353.0M | 262.0M | 231.0M | 207.0M | 171.0M | 107.0M | 72.4M |
| Notes Receivable | -- | -- | 21.6M | 85,500 | 590,100 | 9.7M | 41.3M | 46.8M | 22.1M | 1.3M | 5.0M | 11.0M | 6.2M |
| Notes And Accounts Receivable | 188.0M | 184.0M | 306.0M | 266.0M | 247.0M | 366.0M | 394.0M | 308.0M | 253.0M | 208.0M | 176.0M | 118.0M | 78.5M |
| Prepayments | 8.6M | 5.2M | 5.5M | 27.6M | 68.5M | 159.0M | 43.5M | 2.1M | 3.8M | 6.0M | 1.6M | 846,500 | 715,800 |
| Inventory | 72.1M | 124.0M | 161.0M | 170.0M | 77.1M | 127.0M | 127.0M | 183.0M | 109.0M | 94.0M | 87.0M | 60.7M | 34.8M |
| Total Current Assets | 807.0M | 696.0M | 852.0M | 939.0M | 745.0M | 1.0B | 844.0M | 751.0M | 462.0M | 357.0M | 330.0M | 232.0M | 146.0M |
| Fixed Assets | -- | 171.0M | 173.0M | 95.9M | 98.8M | 21.6M | 24.8M | 14.2M | 14.0M | 22.8M | 29.7M | 24.4M | 9.2M |
| Fixed Assets Total | 187.0M | 171.0M | 173.0M | 95.9M | 98.8M | 21.6M | 24.8M | 14.2M | 14.0M | 22.8M | 29.7M | 24.4M | 9.2M |
| Construction In Progress | -- | 11.6M | 5.5M | 63.7M | 48.1M | 4.6M | -- | 555,600 | -- | -- | -- | -- | -- |
| Construction In Progress Total | 9.1M | 11.6M | 5.5M | 63.7M | 48.1M | 4.6M | -- | 555,600 | -- | -- | -- | -- | -- |
| Intangible Assets | 14.6M | 15.2M | 12.7M | 13.5M | 13.4M | 14.2M | 15.2M | 2.5M | 248,700 | 176,600 | 302,300 | 415,800 | 289,500 |
| Long Term Deferred Expenses | 16.6M | 19.7M | 18.4M | 15.3M | 14.6M | 1.3M | 2.9M | 2.1M | 731,600 | 2.7M | 3.3M | 4.0M | 2.9M |
| Total Non Current Assets | 654.0M | 516.0M | 239.0M | 208.0M | 185.0M | 135.0M | 48.7M | 24.0M | 21.0M | 30.2M | 37.2M | 31.2M | 14.9M |
| Total Assets | 1.5B | 1.2B | 1.1B | 1.1B | 930.0M | 1.1B | 893.0M | 775.0M | 483.0M | 388.0M | 367.0M | 263.0M | 161.0M |
| Short Term Borrowings | -- | -- | 30.3M | -- | 10.0M | 40.0M | 50.0M | 30.0M | 65.0M | 85.1M | 60.2M | 61.3M | 7.0M |
| Accounts Payable | 192.0M | 237.0M | 192.0M | 312.0M | 143.0M | 160.0M | 174.0M | 184.0M | 121.0M | 72.6M | 99.4M | 66.4M | 50.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 53.1M | 21.5M | 25.6M | 18.7M | 12.1M | 18.4M | 8.2M | 61,000 |
| Contract Liabilities | 15.1M | 33.4M | 42.5M | 49.8M | 45.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 414.0M | 324.0M | 362.0M | 500.0M | 304.0M | 538.0M | 361.0M | 284.0M | 244.0M | 187.0M | 204.0M | 148.0M | 78.9M |
| Long Term Borrowings | -- | -- | -- | -- | 30.0M | 35.4M | -- | -- | -- | -- | -- | 3.0M | -- |
| Total Non Current Liabilities | 6.1M | 4.7M | 6.9M | 3.8M | 30.9M | 37.3M | 3.3M | 5.4M | 7.6M | 5.2M | 6.2M | 5.7M | 800,000 |
| Total Liabilities | 420.0M | 329.0M | 369.0M | 503.0M | 335.0M | 575.0M | 364.0M | 289.0M | 251.0M | 192.0M | 211.0M | 153.0M | 79.7M |
| Paid In Capital | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M | 200.0M | 100.0M | 75.0M | 75.0M | 72.0M | 50.0M | 50.0M |
| Capital Reserve | 114.0M | 114.0M | 114.0M | 114.0M | 114.0M | 114.0M | 114.0M | 214.0M | 56.6M | 56.6M | 53.1M | -- | -- |
| Surplus Reserve | 95.7M | 73.9M | 52.5M | 40.7M | 34.3M | 30.6M | 25.1M | 19.6M | 12.4M | 8.0M | 4.8M | 6.7M | 3.9M |
| Retained Earnings | 632.0M | 496.0M | 355.0M | 288.0M | 247.0M | 227.0M | 190.0M | 153.0M | 88.0M | 56.2M | 27.1M | 52.6M | 27.4M |
| Equity Attributable | 1.0B | 884.0M | 722.0M | 643.0M | 595.0M | 572.0M | 529.0M | 486.0M | 232.0M | 196.0M | 157.0M | 109.0M | 81.3M |
| Total Equity | 1.0B | 884.0M | 722.0M | 643.0M | 595.0M | 572.0M | 529.0M | 486.0M | 232.0M | 196.0M | 157.0M | 109.0M | 81.3M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.0B | 1.2B | 971.0M | 857.0M | 713.0M | 793.0M | 547.0M | 448.0M | 409.0M | 324.0M | 323.0M | 230.0M | 121.0M |
| Tax Refunds Received | 27.0M | 29.1M | 23.9M | 21.6M | 13.8M | 23.9M | 32.0M | 33.7M | 22.6M | 22.8M | 5.6M | -- | 1.2M |
| Total Operating Cash Inflow | 1.1B | 1.3B | 1.0B | 918.0M | 757.0M | 826.0M | 585.0M | 499.0M | 450.0M | 366.0M | 345.0M | 245.0M | 135.0M |
| Cash Paid For Goods | 373.0M | 583.0M | 727.0M | 465.0M | 424.0M | 447.0M | 244.0M | 215.0M | 168.0M | 208.0M | 155.0M | 145.0M | 71.6M |
| Cash Paid To Employees | 137.0M | 111.0M | 115.0M | 101.0M | 88.8M | 101.0M | 129.0M | 90.8M | 82.4M | 71.4M | 62.3M | 42.5M | 17.9M |
| Taxes Paid | 92.3M | 91.1M | 67.3M | 25.0M | 26.0M | 62.0M | 50.3M | 66.4M | 37.8M | 37.7M | 29.5M | 19.4M | 13.2M |
| Total Operating Cash Outflow | 727.0M | 904.0M | 1.0B | 722.0M | 650.0M | 699.0M | 542.0M | 473.0M | 374.0M | 394.0M | 312.0M | 257.0M | 140.0M |
| Operating Cash Flow | 350.0M | 369.0M | -13.5M | 197.0M | 107.0M | 127.0M | 42.9M | 26.0M | 75.5M | -27.6M | 32.4M | -11.1M | -5.3M |
| Total Investing Cash Inflow | 411,000 | 142.0M | 217.0M | 404.0M | 931.0M | 36.1M | 171.0M | 50.3M | 4.0M | -- | 3.6M | 2.1M | 800,500 |
| Total Investing Cash Outflow | 153.0M | 360.0M | 341.0M | 491.0M | 990.0M | 134.0M | 205.0M | 62.3M | 2.3M | 11.2M | 14.8M | 22.7M | 10.6M |
| Investing Cash Flow | -153.0M | -218.0M | -124.0M | -87.1M | -58.9M | -97.8M | -34.1M | -12.0M | 1.7M | -11.2M | -11.1M | -20.6M | -9.8M |
| Cash From Borrowings | -- | -- | 30.0M | -- | 10.0M | 83.0M | 50.0M | 60.0M | 98.1M | 111.0M | 112.0M | 117.0M | 7.0M |
| Dividends And Interest Paid | 40.0M | 30.7M | 21.1M | 11.8M | 13.1M | 12.5M | 12.3M | 2.7M | 12.0M | 5.0M | 6.0M | 2.7M | 8.2M |
| Debt Repayments | 0.00 | 30.0M | -- | 45.4M | 45.4M | 52.2M | 30.0M | 95.0M | 118.0M | 89.0M | 113.0M | 59.3M | -- |
| Total Financing Cash Inflow | 2.0M | 8.4M | 63.2M | 24.8M | 52.9M | 83.5M | 50.8M | 263.0M | 101.0M | 121.0M | 112.0M | 118.0M | 37.0M |
| Total Financing Cash Outflow | 43.7M | 64.8M | 22.7M | 57.2M | 86.2M | 71.9M | 74.4M | 107.0M | 141.0M | 94.7M | 123.0M | 62.2M | 12.7M |
| Financing Cash Flow | -41.7M | -56.4M | 40.6M | -32.4M | -33.3M | 11.6M | -23.6M | 156.0M | -39.7M | 26.0M | -10.3M | 55.6M | 24.3M |
| Net Change In Cash | 155.0M | 94.5M | -95.7M | 76.9M | 14.7M | 40.8M | -14.2M | 170.0M | 37.5M | -12.7M | 10.9M | 23.9M | 9.1M |
| Ending Cash Balance | 522.0M | 367.0M | 272.0M | 368.0M | 291.0M | 276.0M | 235.0M | 250.0M | 79.6M | 42.0M | 54.7M | 43.8M | 19.9M |
| Capex | 33.2M | 29.8M | 59.9M | 31.4M | 63.4M | 97.9M | 35.4M | 12.3M | 2.3M | 11.2M | 14.8M | 22.7M | 10.6M |