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 | 751.0M | 678.0M | 668.0M | 696.0M | 578.0M | 557.0M | 554.0M | 492.0M | 399.0M | 373.0M | 375.0M | 403.0M | 324.0M | 279.0M |
| Revenue Growth % | 10.8% | 1.5% | -4.0% | 20.4% | 3.8% | 0.5% | 12.6% | 23.3% | 7.0% | -0.5% | -6.9% | 24.4% | 16.1% | -- |
| Total Revenue | 751.0M | 678.0M | 668.0M | 696.0M | 578.0M | 557.0M | 554.0M | 492.0M | 399.0M | 373.0M | 375.0M | 403.0M | 324.0M | 279.0M |
| Cost Of Revenue | 585.0M | 536.0M | 530.0M | 571.0M | 465.0M | 443.0M | 446.0M | 373.0M | 303.0M | 297.0M | 299.0M | 316.0M | 249.0M | 215.0M |
| Gross Profit | 166.0M | 142.0M | 138.0M | 125.0M | 113.0M | 114.0M | 108.0M | 119.0M | 96.0M | 76.0M | 76.0M | 87.0M | 75.0M | 64.0M |
| Gross Margin % | 22.1% | 20.9% | 20.7% | 18.0% | 19.6% | 20.5% | 19.5% | 24.2% | 24.1% | 20.4% | 20.3% | 21.6% | 23.1% | 22.9% |
| Total Operating Cost | 712.0M | 647.0M | 642.0M | 674.0M | 565.0M | 548.0M | 545.0M | 457.0M | 360.0M | 343.0M | 350.0M | 372.0M | 284.0M | 245.0M |
| Selling Expenses | 9.0M | 9.5M | 8.4M | 9.0M | 8.0M | 16.0M | 14.9M | 10.4M | 8.3M | 8.5M | 8.7M | 7.6M | 7.0M | 5.7M |
| Admin Expenses | 53.5M | 43.6M | 43.8M | 40.3M | 38.6M | 37.1M | 36.6M | 36.3M | 39.1M | 32.5M | 32.4M | 32.9M | 25.2M | 19.2M |
| Rd Expenses | 35.7M | 33.5M | 33.9M | 26.8M | 22.6M | 26.3M | 24.5M | 19.7M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 11.1M | 10.1M | 10.4M | 14.0M | 16.5M | 15.0M | 12.1M | 8.4M | 3.6M | 3.5M | 6.9M | 12.1M | 4.8M | 3.3M |
| Operating Income | 41.7M | 36.0M | 28.0M | 25.4M | 17.8M | 12.3M | 11.2M | 36.5M | 36.5M | 31.1M | 24.4M | 30.9M | 40.7M | 34.2M |
| Operating Margin % | 5.5% | 5.3% | 4.2% | 3.6% | 3.1% | 2.2% | 2.0% | 7.4% | 9.2% | 8.3% | 6.5% | 7.7% | 12.6% | 12.3% |
| Non Operating Income | 29,400 | 20,400 | 1,500 | 430,400 | 180,800 | 14,700 | 315,600 | 1.0M | 10.0M | 898,200 | 2.7M | 4.8M | 1.1M | 841,100 |
| Non Operating Expenses | 94,000 | 1.7M | 51,900 | 539,200 | 828,800 | 826,600 | 20,200 | 59,000 | 2.3M | 464,300 | 536,600 | 509,400 | 886,000 | 1.5M |
| Investment Income | -1.2M | -1.2M | -1.5M | -406,300 | 122,500 | 1.2M | -1.6M | -- | -2.2M | -- | -- | 30,700 | -- | -- |
| Fair Value Change Income | -- | 932,900 | -- | 259,100 | -- | -- | -131,700 | -- | 6,800 | 706,000 | -712,800 | -- | -- | -- |
| Asset Disposal Income | 81,200 | -10,900 | 109,000 | 181,700 | -641,200 | 248,700 | 237,400 | -13,800 | -14,200 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.9M | 4.6M | 6.4M | 5.4M | 7.1M | 2.7M | 5.9M | 4.2M | 3.7M | -88,900 | 1.1M | 1.7M | -2.9M | 744,600 |
| Other Income | 3.7M | 5.4M | 3.5M | 3.6M | 4.7M | 2.5M | 3.2M | 1.4M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 41.6M | 34.2M | 28.0M | 25.3M | 17.2M | 11.5M | 11.5M | 37.4M | 44.2M | 31.5M | 26.5M | 35.2M | 40.9M | 33.5M |
| Income Tax | 2.6M | 1.4M | -191,300 | 3.7M | 3.8M | 1.6M | 1.5M | 6.0M | 6.3M | 5.2M | 4.4M | 6.1M | 6.6M | 2.4M |
| Net Income | 39.0M | 32.8M | 28.2M | 21.6M | 13.4M | 9.9M | 10.0M | 31.4M | 37.9M | 26.3M | 22.1M | 29.1M | 34.3M | 31.1M |
| Net Margin % | 5.2% | 4.8% | 4.2% | 3.1% | 2.3% | 1.8% | 1.8% | 6.4% | 9.5% | 7.1% | 5.9% | 7.2% | 10.6% | 11.1% |
| Net Income Attributable | 38.0M | 33.9M | 28.0M | 22.1M | 14.5M | 9.8M | 10.1M | 31.5M | 37.5M | 26.6M | 22.0M | 28.9M | 32.5M | 29.5M |
| Minority Interest | 1.0M | -1.1M | 205,300 | -458,900 | -1.1M | 96,100 | -149,800 | -57,300 | 344,300 | -252,500 | 110,600 | 204,400 | 1.8M | 1.6M |
| Eps Basic | 0.17 | 0.15 | 0.13 | 0.10 | 0.07 | 0.04 | 0.05 | 0.15 | 0.39 | 0.37 | 0.31 | 0.41 | 0.46 | -- |
| Eps Diluted | 0.17 | 0.15 | 0.13 | 0.10 | 0.07 | 0.04 | 0.05 | 0.15 | 0.39 | 0.37 | 0.31 | 0.41 | 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 | 47.3M | 104.0M | 79.6M | 89.0M | 87.9M | 58.3M | 32.9M | 119.0M | 37.4M | 24.6M | 27.5M | 34.3M | 26.4M | 20.2M |
| Trading Financial Assets | -- | 932,900 | -- | 259,100 | 4.0M | 12.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 326.0M | 249.0M | 269.0M | 239.0M | 218.0M | 186.0M | 186.0M | 144.0M | 97.9M | 82.3M | 80.8M | 90.6M | 66.4M | 64.1M |
| Notes Receivable | 10.4M | 25.1M | 21.0M | 25.2M | 20.7M | 3.8M | 9.4M | 1.8M | 285,100 | 260,500 | -- | -- | -- | 400,000 |
| Notes And Accounts Receivable | 337.0M | 274.0M | 290.0M | 264.0M | 239.0M | 190.0M | 195.0M | 146.0M | 98.1M | 82.6M | 80.8M | 90.6M | 66.4M | 64.5M |
| Prepayments | 15.1M | 13.5M | 11.2M | 8.1M | 6.6M | 6.9M | 2.3M | 4.4M | 1.0M | 6.1M | 7.2M | 5.2M | 5.4M | 3.0M |
| Inventory | 225.0M | 196.0M | 215.0M | 209.0M | 186.0M | 177.0M | 166.0M | 132.0M | 89.6M | 73.7M | 74.8M | 62.1M | 49.0M | 43.2M |
| Total Current Assets | 658.0M | 625.0M | 621.0M | 593.0M | 547.0M | 485.0M | 469.0M | 412.0M | 249.0M | 192.0M | 201.0M | 203.0M | 166.0M | 148.0M |
| Long Term Equity Investment | 1.1M | 935,400 | 1.1M | 993,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 324.0M | 343.0M | 349.0M | 382.0M | 306.0M | 249.0M | 220.0M | 187.0M | 183.0M | 87.5M | 96.1M | 81.2M | 73.3M |
| Fixed Assets Total | 303.0M | 324.0M | 343.0M | 349.0M | 382.0M | 306.0M | 249.0M | 220.0M | 187.0M | 183.0M | 87.5M | 96.1M | 81.2M | 73.3M |
| Construction In Progress | -- | 2.4M | -- | 2.6M | -- | 91.4M | 119.0M | 20.2M | 7.6M | -- | 69.9M | 35.2M | -- | -- |
| Construction In Progress Total | 21.2M | 2.4M | -- | 2.6M | -- | 91.4M | 119.0M | 20.2M | 7.6M | -- | 69.9M | 35.2M | -- | -- |
| Intangible Assets | 73.0M | 59.4M | 59.7M | 58.9M | 63.8M | 85.2M | 87.7M | 89.5M | 56.4M | 57.3M | 60.4M | 61.8M | 17.6M | 17.3M |
| Long Term Deferred Expenses | 36.0M | 32.6M | 29.3M | 16.3M | 12.2M | 11.3M | 6.6M | 3.0M | 1.3M | 1.6M | 1.7M | 2.2M | 1.8M | 1.3M |
| Total Non Current Assets | 534.0M | 496.0M | 515.0M | 508.0M | 508.0M | 519.0M | 486.0M | 345.0M | 271.0M | 253.0M | 222.0M | 196.0M | 102.0M | 94.9M |
| Total Assets | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | 954.0M | 757.0M | 520.0M | 445.0M | 423.0M | 400.0M | 268.0M | 242.0M |
| Short Term Borrowings | 124.0M | 195.0M | 223.0M | 281.0M | 265.0M | 245.0M | 226.0M | 230.0M | 62.2M | 124.0M | 80.9M | 62.0M | 72.9M | 54.5M |
| Accounts Payable | 185.0M | 151.0M | 177.0M | 158.0M | 159.0M | 142.0M | 108.0M | 86.2M | 67.0M | 55.5M | 51.2M | 66.3M | 40.2M | 54.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 6.9M | 5.0M | 4.5M | 2.5M | 3.8M | 3.3M | 1.7M | 3.5M | 4.9M |
| Contract Liabilities | 5.1M | 6.6M | 5.3M | 10.7M | 10.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 402.0M | 537.0M | 485.0M | 542.0M | 506.0M | 444.0M | 418.0M | 375.0M | 165.0M | 205.0M | 178.0M | 151.0M | 127.0M | 137.0M |
| Long Term Borrowings | 208.0M | 29.0M | 75.1M | -- | -- | 19.2M | 8.7M | -- | -- | 28.9M | 54.8M | 80.3M | -- | -- |
| Total Non Current Liabilities | 222.0M | 43.4M | 128.0M | 51.7M | 52.0M | 68.6M | 130.0M | 2.7M | 2.0M | 30.5M | 56.2M | 81.1M | 939,800 | 192,600 |
| Total Liabilities | 624.0M | 580.0M | 613.0M | 594.0M | 558.0M | 513.0M | 548.0M | 378.0M | 167.0M | 235.0M | 234.0M | 232.0M | 127.0M | 137.0M |
| Paid In Capital | 222.0M | 222.0M | 222.0M | 222.0M | 222.0M | 220.0M | 209.0M | 209.0M | 95.0M | 71.2M | 71.2M | 71.2M | 71.2M | 18.9M |
| Capital Reserve | 126.0M | 115.0M | 115.0M | 113.0M | 109.0M | 102.0M | 12.6M | 12.6M | 124.0M | 39.4M | 39.4M | 39.4M | 39.4M | 6.2M |
| Surplus Reserve | 33.2M | 29.5M | 25.8M | 23.2M | 20.2M | 19.0M | 14.7M | 13.9M | 11.7M | 7.9M | 5.3M | 3.3M | 560,500 | 10.1M |
| Retained Earnings | 185.0M | 168.0M | 156.0M | 148.0M | 147.0M | 142.0M | 145.0M | 142.0M | 121.0M | 87.5M | 68.6M | 48.6M | 22.5M | 63.4M |
| Minority Equity | 976,000 | -243,400 | 731,400 | 526,100 | -1.5M | 1.6M | 1.5M | 1.7M | 318,300 | 4.0M | 4.5M | 5.4M | 6.7M | 6.7M |
| Equity Attributable | 566.0M | 542.0M | 522.0M | 507.0M | 498.0M | 489.0M | 405.0M | 377.0M | 353.0M | 206.0M | 185.0M | 163.0M | 134.0M | 98.6M |
| Total Equity | 567.0M | 541.0M | 523.0M | 508.0M | 496.0M | 491.0M | 406.0M | 379.0M | 353.0M | 210.0M | 189.0M | 168.0M | 140.0M | 105.0M |
| 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 | 632.0M | 561.0M | 541.0M | 657.0M | 541.0M | 559.0M | 531.0M | 451.0M | 399.0M | 396.0M | 413.0M | 402.0M | 345.0M | 278.0M |
| Tax Refunds Received | 10.4M | 5.8M | 10.3M | 4.6M | 13.6M | 3.7M | 12.9M | 14.6M | 15.5M | 9.8M | 9.4M | 13.2M | 9.2M | 12.6M |
| Total Operating Cash Inflow | 667.0M | 586.0M | 563.0M | 674.0M | 567.0M | 572.0M | 562.0M | 471.0M | 429.0M | 410.0M | 429.0M | 432.0M | 357.0M | 295.0M |
| Cash Paid For Goods | 412.0M | 283.0M | 322.0M | 435.0M | 363.0M | 376.0M | 398.0M | 324.0M | 256.0M | 266.0M | 291.0M | 284.0M | 260.0M | 219.0M |
| Cash Paid To Employees | 144.0M | 132.0M | 128.0M | 122.0M | 100.0M | 113.0M | 118.0M | 97.0M | 71.3M | 62.6M | 68.9M | 63.4M | 44.3M | 26.8M |
| Taxes Paid | 18.5M | 28.8M | 22.1M | 15.0M | 15.3M | 18.4M | 16.4M | 11.4M | 15.7M | 14.4M | 12.3M | 10.7M | 9.2M | 7.7M |
| Total Operating Cash Outflow | 617.0M | 469.0M | 496.0M | 598.0M | 504.0M | 539.0M | 555.0M | 458.0M | 386.0M | 360.0M | 397.0M | 389.0M | 330.0M | 270.0M |
| Operating Cash Flow | 49.5M | 116.0M | 67.3M | 75.6M | 63.6M | 33.0M | 6.7M | 13.3M | 43.2M | 49.6M | 31.2M | 42.8M | 26.6M | 25.1M |
| Total Investing Cash Inflow | 2.4M | 2.5M | 1.5M | 17.1M | 55.8M | 490.0M | 324.0M | 16.2M | 789,000 | 9.5M | 790,200 | 9.3M | 18.8M | 51.8M |
| Total Investing Cash Outflow | 116.0M | 50.6M | 55.2M | 74.2M | 79.5M | 508.0M | 539.0M | 99.9M | 45.9M | 45.9M | 40.5M | 103.0M | 51.5M | 63.1M |
| Investing Cash Flow | -114.0M | -48.1M | -53.6M | -57.1M | -23.7M | -17.7M | -215.0M | -83.7M | -45.1M | -36.4M | -39.7M | -94.1M | -32.6M | -11.3M |
| Cash From Borrowings | 436.0M | 369.0M | 463.0M | 392.0M | 365.0M | 290.0M | 396.0M | 590.0M | 260.0M | 224.0M | 196.0M | 236.0M | 154.0M | 96.5M |
| Dividends And Interest Paid | 30.7M | 27.7M | 29.5M | 28.2M | 21.8M | 20.4M | 16.8M | 13.8M | 7.0M | 12.9M | 10.8M | 8.1M | 12.3M | 18.3M |
| Debt Repayments | 395.0M | 382.0M | 445.0M | 377.0M | 366.0M | 259.0M | 391.0M | 422.0M | 351.0M | 226.0M | 183.0M | 167.0M | 135.0M | 84.5M |
| Total Financing Cash Inflow | 498.0M | 420.0M | 558.0M | 409.0M | 404.0M | 324.0M | 544.0M | 593.0M | 382.0M | 225.0M | 199.0M | 236.0M | 191.0M | 133.0M |
| Total Financing Cash Outflow | 469.0M | 471.0M | 585.0M | 441.0M | 414.0M | 307.0M | 426.0M | 442.0M | 370.0M | 241.0M | 199.0M | 178.0M | 178.0M | 134.0M |
| Financing Cash Flow | 28.8M | -51.0M | -26.9M | -32.2M | -10.2M | 17.4M | 117.0M | 151.0M | 12.1M | -15.3M | 240,400 | 58.0M | 13.4M | -525,900 |
| Net Change In Cash | -34.0M | 17.8M | -8.6M | -14.0M | 27.4M | 32.5M | -90.4M | 80.1M | 10.9M | -1.5M | -8.5M | 5.6M | 6.2M | 12.2M |
| Ending Cash Balance | 43.8M | 77.8M | 60.0M | 68.6M | 82.6M | 55.2M | 22.7M | 113.0M | 32.9M | 22.0M | 23.5M | 32.0M | 26.4M | 20.2M |
| Capex | 114.0M | 50.5M | 53.8M | 63.0M | 32.9M | 58.7M | 160.0M | 95.9M | 44.0M | 45.9M | 40.5M | 103.0M | 18.8M | 18.8M |