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 | 577.0M | 465.0M | 394.0M | 385.0M | 319.0M | 282.0M | 254.0M | 206.0M | 209.0M | 225.0M | 224.0M | 213.0M | 164.0M | 157.0M |
| Revenue Growth % | 24.1% | 18.0% | 2.3% | 20.7% | 13.1% | 11.0% | 23.3% | -1.4% | -7.1% | 0.4% | 5.2% | 29.9% | 4.5% | -- |
| Total Revenue | 577.0M | 465.0M | 394.0M | 385.0M | 319.0M | 282.0M | 254.0M | 206.0M | 209.0M | 225.0M | 224.0M | 213.0M | 164.0M | 157.0M |
| Cost Of Revenue | 266.0M | 192.0M | 161.0M | 163.0M | 148.0M | 112.0M | 112.0M | 92.5M | 90.7M | 104.0M | 96.0M | 92.7M | 68.4M | 65.6M |
| Gross Profit | 311.0M | 273.0M | 233.0M | 222.0M | 171.0M | 170.0M | 142.0M | 113.5M | 118.3M | 121.0M | 128.0M | 120.3M | 95.6M | 91.4M |
| Gross Margin % | 53.9% | 58.7% | 59.1% | 57.7% | 53.6% | 60.3% | 55.9% | 55.1% | 56.6% | 53.8% | 57.1% | 56.5% | 58.3% | 58.2% |
| Total Operating Cost | 446.0M | 446.0M | 314.0M | 309.0M | 274.0M | 256.0M | 236.0M | 199.0M | 185.0M | 194.0M | 181.0M | 176.0M | 135.0M | 133.0M |
| Selling Expenses | 69.3M | 69.2M | 73.1M | 67.9M | 60.3M | 78.7M | 64.7M | 55.3M | 50.2M | 46.5M | 44.3M | 45.6M | 31.9M | 29.5M |
| Admin Expenses | 36.3M | 33.4M | 28.1M | 29.0M | 29.6M | 23.5M | 21.2M | 16.7M | 37.9M | 35.9M | 33.5M | 30.5M | 26.8M | 25.5M |
| Rd Expenses | 65.1M | 52.6M | 44.6M | 41.8M | 32.1M | 33.7M | 29.4M | 26.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -1.1M | -497,500 | -1.1M | -254,000 | 253,800 | -380,200 | -728,300 | 33,700 | 249,000 | 1.4M | 1.7M | 2.5M | 4.7M | 7.4M |
| Operating Income | 160.0M | 55.9M | 110.0M | 104.0M | 83.8M | 51.5M | 38.7M | 26.8M | 25.2M | 30.8M | 42.1M | 37.5M | 30.2M | 30.5M |
| Operating Margin % | 27.7% | 12.0% | 27.9% | 27.0% | 26.3% | 18.2% | 15.2% | 13.0% | 12.1% | 13.7% | 18.8% | 17.6% | 18.4% | 19.4% |
| Non Operating Income | 264,500 | 76,700 | 147,900 | 300,700 | 90,700 | 164,300 | 118,200 | 174,300 | 14.3M | 17.5M | 13.1M | 15.9M | 12.9M | 7.4M |
| Non Operating Expenses | 972,800 | 148,300 | 120,400 | 670,100 | 309,600 | 236,000 | 284,800 | 280,800 | 75,200 | 840,300 | 99,700 | 183,000 | 321,700 | 232,700 |
| Investment Income | 7.5M | 12.4M | 10.6M | 9.4M | 8.0M | 7.5M | 6.1M | 4.7M | 1.6M | -- | -- | -- | 1.0M | 6.7M |
| Fair Value Change Income | 427,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 72,400 | -137,500 | -1,100 | 49,300 | -6,200 | -36,800 | 66,000 | 57,400 | -38,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 232,400 | 254,300 | 76,400 | -483,400 | 329,600 | -- | 5.3M | 3.3M | 2.7M | 3.4M | 3.1M | 2.0M | 1.2M | 3.4M |
| Other Income | 21.7M | 25.1M | 19.5M | 18.3M | 30.3M | 17.2M | 14.1M | 14.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 159.0M | 55.8M | 110.0M | 103.0M | 83.6M | 51.4M | 38.5M | 26.7M | 39.4M | 47.5M | 55.2M | 53.2M | 42.7M | 37.6M |
| Income Tax | 15.0M | 1.0M | 13.0M | 12.9M | 10.2M | 6.7M | 3.7M | 2.9M | 4.6M | 5.3M | 8.1M | 6.8M | 4.9M | 3.4M |
| Net Income | 144.0M | 54.8M | 97.3M | 90.4M | 73.4M | 44.6M | 34.8M | 23.8M | 34.8M | 42.2M | 47.0M | 46.3M | 37.9M | 34.2M |
| Net Margin % | 25.0% | 11.8% | 24.7% | 23.5% | 23.0% | 15.8% | 13.7% | 11.6% | 16.6% | 18.7% | 21.0% | 21.8% | 23.1% | 21.8% |
| Net Income Attributable | 143.0M | 53.7M | 92.2M | 86.3M | 71.1M | 44.0M | 35.1M | 23.8M | 34.8M | 42.2M | 47.0M | 46.3M | 37.9M | 34.2M |
| Minority Interest | 917,300 | 1.0M | 5.1M | 4.0M | 2.3M | 617,700 | -274,100 | -- | -- | -- | -- | -- | -- | -17,600 |
| Eps Basic | 0.71 | 0.26 | 0.45 | 0.42 | 0.35 | 0.22 | 0.18 | 0.12 | 0.40 | 0.56 | 0.63 | 0.62 | 0.51 | 0.46 |
| Eps Diluted | 0.71 | 0.26 | 0.45 | 0.42 | 0.35 | 0.22 | 0.18 | 0.12 | 0.40 | 0.56 | 0.63 | 0.62 | 0.50 | 0.46 |
| 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 | 81.7M | 135.0M | 61.3M | 43.3M | 70.3M | 46.8M | 72.1M | 61.4M | 121.0M | 37.6M | 28.3M | 16.4M | 21.0M | 16.0M |
| Trading Financial Assets | 272.0M | 192.0M | 353.0M | 308.0M | 290.0M | 230.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 198.0M | 184.0M | 181.0M | 168.0M | 121.0M | 152.0M | 149.0M | 141.0M | 157.0M | 157.0M | 143.0M | 113.0M | 87.3M | 81.5M |
| Notes Receivable | 25.7M | 22.5M | 29.9M | 25.5M | 28.3M | 20.7M | 25.0M | 15.7M | 11.8M | 7.6M | 7.9M | 7.0M | 8.2M | 6.6M |
| Notes And Accounts Receivable | 223.0M | 206.0M | 211.0M | 194.0M | 149.0M | 173.0M | 174.0M | 157.0M | 169.0M | 164.0M | 151.0M | 120.0M | 95.5M | 88.1M |
| Prepayments | 2.7M | 2.4M | 7.3M | 4.4M | 3.8M | 4.9M | 4.9M | 2.8M | 2.3M | 1.5M | 1.7M | 1.0M | 602,500 | 5.0M |
| Inventory | 202.0M | 222.0M | 178.0M | 132.0M | 100.0M | 77.8M | 65.8M | 51.2M | 34.4M | 36.9M | 31.7M | 43.0M | 38.0M | 37.8M |
| Total Current Assets | 822.0M | 795.0M | 833.0M | 719.0M | 665.0M | 547.0M | 468.0M | 414.0M | 404.0M | 249.0M | 220.0M | 185.0M | 160.0M | 162.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 61.5M |
| Fixed Assets | -- | 220.0M | 74.2M | 81.1M | 81.8M | 88.8M | 94.5M | 95.6M | 61.2M | 52.3M | 57.3M | 60.9M | 65.5M | 66.6M |
| Fixed Assets Total | 211.0M | 220.0M | 74.2M | 81.1M | 81.8M | 88.8M | 94.5M | 95.6M | 61.2M | 52.3M | 57.3M | 60.9M | 65.5M | 66.6M |
| Construction In Progress | -- | 5.1M | 123.0M | 55.3M | 635,600 | -- | -- | -- | 28.1M | 13.2M | 530,000 | -- | -- | -- |
| Construction In Progress Total | 5.4M | 5.1M | 123.0M | 55.3M | 635,600 | -- | -- | -- | 28.1M | 13.2M | 530,000 | -- | -- | -- |
| Intangible Assets | 30.3M | 31.1M | 32.9M | 35.3M | 8.8M | 9.9M | 11.2M | 6.0M | 6.4M | 7.3M | 7.9M | 8.5M | 6.8M | 6.9M |
| Total Non Current Assets | 421.0M | 360.0M | 237.0M | 178.0M | 96.9M | 104.0M | 138.0M | 132.0M | 123.0M | 96.6M | 85.0M | 80.5M | 77.8M | 136.0M |
| Total Assets | 1.2B | 1.2B | 1.1B | 896.0M | 762.0M | 651.0M | 606.0M | 547.0M | 527.0M | 345.0M | 305.0M | 265.0M | 238.0M | 298.0M |
| Short Term Borrowings | -- | -- | -- | -- | 5.0M | -- | -- | -- | -- | 30.0M | 30.0M | 20.0M | 19.0M | 20.0M |
| Accounts Payable | 96.6M | 78.9M | 78.7M | 67.1M | 39.5M | 34.7M | 33.6M | 20.7M | 20.9M | 23.8M | 22.0M | 27.1M | 17.6M | 23.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 56.1M | 29.6M | 15.1M | 6.3M | 12.5M | 9.4M | 20.7M | 9.0M | 8.7M |
| Contract Liabilities | 208.0M | 206.0M | 154.0M | 90.8M | 60.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 418.0M | 402.0M | 344.0M | 248.0M | 198.0M | 142.0M | 101.0M | 66.4M | 53.8M | 88.9M | 89.6M | 92.3M | 66.6M | 151.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6.5M | -- | -- | 26.0M | 26.0M |
| Total Non Current Liabilities | 2.5M | 3.3M | 4.3M | 1.7M | 1.2M | 4.3M | 31.2M | 28.8M | 25.7M | 28.4M | 16.9M | 9.9M | 31.9M | 26.0M |
| Total Liabilities | 421.0M | 405.0M | 348.0M | 249.0M | 199.0M | 146.0M | 133.0M | 95.2M | 79.5M | 117.0M | 107.0M | 102.0M | 98.5M | 177.0M |
| Paid In Capital | 206.0M | 206.0M | 206.0M | 206.0M | 206.0M | 202.0M | 202.0M | 200.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 30.0M |
| Capital Reserve | 167.0M | 167.0M | 165.0M | 159.0M | 148.0M | 123.0M | 119.0M | 110.0M | 210.0M | 50.3M | 50.3M | 50.3M | 50.3M | -- |
| Surplus Reserve | 71.9M | 57.8M | 52.3M | 43.7M | 35.5M | 28.7M | 24.4M | 20.8M | 18.4M | 15.0M | 10.7M | 6.0M | 1.4M | 11.6M |
| Retained Earnings | 405.0M | 305.0M | 293.0M | 243.0M | 196.0M | 157.0M | 137.0M | 121.0M | 119.0M | 87.9M | 61.9M | 31.6M | 12.4M | 79.6M |
| Minority Equity | 14.7M | 14.2M | 14.6M | 10.7M | 3.9M | 1.4M | 776,900 | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 807.0M | 736.0M | 707.0M | 636.0M | 559.0M | 504.0M | 473.0M | 451.0M | 448.0M | 228.0M | 198.0M | 163.0M | 139.0M | 121.0M |
| Total Equity | 821.0M | 750.0M | 722.0M | 647.0M | 563.0M | 505.0M | 474.0M | 451.0M | 448.0M | 228.0M | 198.0M | 163.0M | 139.0M | 121.0M |
| 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 | 564.0M | 509.0M | 447.0M | 370.0M | 339.0M | 310.0M | 254.0M | 224.0M | 193.0M | 211.0M | 209.0M | 232.0M | 183.0M | 156.0M |
| Tax Refunds Received | 17.1M | 18.3M | 16.7M | 15.3M | 11.0M | 10.1M | 11.7M | 10.8M | 11.1M | 10.9M | 11.1M | 13.0M | 11.7M | 6.5M |
| Total Operating Cash Inflow | 607.0M | 551.0M | 470.0M | 401.0M | 367.0M | 327.0M | 273.0M | 239.0M | 208.0M | 229.0M | 222.0M | 248.0M | 196.0M | 164.0M |
| Cash Paid For Goods | 159.0M | 158.0M | 152.0M | 139.0M | 115.0M | 87.9M | 92.3M | 90.7M | 73.1M | 81.8M | 90.6M | 97.5M | 74.1M | 87.8M |
| Cash Paid To Employees | 118.0M | 106.0M | 93.1M | 80.9M | 68.6M | 66.4M | 57.4M | 52.3M | 44.0M | 45.9M | 41.8M | 30.0M | 24.9M | 18.3M |
| Taxes Paid | 59.3M | 62.3M | 43.6M | 39.9M | 36.5M | 33.0M | 34.2M | 27.8M | 23.8M | 35.7M | 32.9M | 29.2M | 30.6M | 14.9M |
| Total Operating Cash Outflow | 432.0M | 412.0M | 329.0M | 318.0M | 291.0M | 250.0M | 242.0M | 215.0M | 176.0M | 201.0M | 207.0M | 196.0M | 169.0M | 158.0M |
| Operating Cash Flow | 174.0M | 139.0M | 140.0M | 82.9M | 75.9M | 76.3M | 31.4M | 24.4M | 31.5M | 27.5M | 15.3M | 52.6M | 26.6M | 5.7M |
| Total Investing Cash Inflow | 590.0M | 710.0M | 642.0M | 700.0M | 548.0M | 299.0M | 545.0M | 449.0M | 173.0M | 0.00 | 95,000 | 38,100 | 74.1M | -52,100 |
| Total Investing Cash Outflow | 742.0M | 736.0M | 716.0M | 770.0M | 616.0M | 379.0M | 562.0M | 519.0M | 274.0M | 18.4M | 8.7M | 11.6M | 16.0M | 36.1M |
| Investing Cash Flow | -152.0M | -26.8M | -74.3M | -70.8M | -68.2M | -80.7M | -17.7M | -69.9M | -101.0M | -18.4M | -8.6M | -11.6M | 58.1M | -36.2M |
| Cash From Borrowings | -- | -- | -- | -- | 5.0M | -- | -- | -- | -- | 36.5M | 30.0M | 20.0M | 19.0M | 46.0M |
| Dividends And Interest Paid | 29.6M | 37.6M | 35.2M | 30.7M | 25.3M | 20.2M | 15.0M | 19.9M | 793,100 | 13.4M | 13.7M | 24.9M | 27.9M | 5.0M |
| Debt Repayments | -- | -- | -- | 5.0M | -- | -- | -- | -- | 36.5M | 30.0M | 20.0M | 45.0M | 20.0M | 47.9M |
| Total Financing Cash Inflow | 4.5M | 7.1M | -- | 3.0M | 27.4M | -- | 10.6M | 2.5M | 196.0M | 41.5M | 38.0M | 24.0M | 24.9M | 58.7M |
| Total Financing Cash Outflow | 79.8M | 46.1M | 46.4M | 35.8M | 25.7M | 20.6M | 15.0M | 19.9M | 41.7M | 43.4M | 33.7M | 69.9M | 104.0M | 52.9M |
| Financing Cash Flow | -75.3M | -39.0M | -46.4M | -32.8M | 1.8M | -20.6M | -4.4M | -17.4M | 154.0M | -1.9M | 4.3M | -45.9M | -79.1M | 5.8M |
| Net Change In Cash | -52.8M | 73.1M | 19.6M | -20.7M | 9.5M | -24.9M | 9.7M | -63.1M | 84.7M | 7.4M | 11.0M | -5.0M | 5.6M | -24.6M |
| Ending Cash Balance | 69.3M | 122.0M | 48.9M | 29.2M | 50.0M | 40.5M | 65.4M | 55.7M | 119.0M | 34.1M | 26.8M | 15.8M | 20.8M | 15.2M |
| Capex | 9.9M | 30.0M | 40.0M | 62.3M | 16.5M | 4.4M | 13.0M | 8.4M | 28.8M | 13.7M | 2.0M | 6.3M | 10.7M | 26.1M |