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 | 2.2B | 2.7B | 2.8B | 3.9B | 4.5B | 1.8B | 1.4B | 1.0B | 981.0M | 1.1B | 1.1B | 979.0M | 749.0M | 548.0M |
| Revenue Growth % | -18.9% | -2.4% | -28.3% | -12.9% | 150.6% | 29.0% | 37.4% | 3.2% | -12.5% | -1.6% | 16.3% | 30.7% | 36.7% | -- |
| Total Revenue | 2.2B | 2.7B | 2.8B | 3.9B | 4.5B | 1.8B | 1.4B | 1.0B | 981.0M | 1.1B | 1.1B | 979.0M | 749.0M | 548.0M |
| Cost Of Revenue | 1.8B | 2.3B | 2.4B | 3.5B | 4.2B | 1.5B | 1.2B | 825.0M | 788.0M | 924.0M | 945.0M | 813.0M | 611.0M | 438.0M |
| Gross Profit | 398.0M | 484.0M | 431.0M | 401.0M | 342.0M | 266.0M | 220.0M | 187.0M | 193.0M | 197.0M | 194.0M | 166.0M | 138.0M | 110.0M |
| Gross Margin % | 17.9% | 17.7% | 15.4% | 10.2% | 7.6% | 14.8% | 15.8% | 18.5% | 19.7% | 17.6% | 17.0% | 17.0% | 18.4% | 20.1% |
| Total Operating Cost | 2.2B | 2.6B | 2.7B | 3.8B | 4.4B | 1.7B | 1.3B | 961.0M | 915.0M | 1.1B | 1.1B | 921.0M | 696.0M | 510.0M |
| Selling Expenses | 94.6M | 83.4M | 69.9M | 62.9M | 52.3M | 51.2M | 43.7M | 42.5M | 35.1M | 34.0M | 28.6M | 27.9M | 22.2M | 15.4M |
| Admin Expenses | 113.0M | 105.0M | 95.5M | 89.8M | 77.7M | 58.4M | 52.4M | 46.9M | 76.1M | 82.1M | 82.3M | 66.9M | 53.6M | 41.5M |
| Rd Expenses | 88.1M | 89.3M | 84.0M | 85.7M | 64.8M | 56.5M | 43.0M | 31.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 13.9M | 6.5M | 24.3M | 34.8M | 29.4M | 18.2M | 14.7M | 8.0M | 10.2M | 11.2M | 12.9M | 8.4M | 5.4M | 4.2M |
| Operating Income | 31.5M | 173.0M | 119.0M | 175.0M | 171.0M | 82.6M | 61.0M | 50.7M | 65.8M | 67.5M | 64.9M | 58.4M | 53.2M | 38.4M |
| Operating Margin % | 1.4% | 6.3% | 4.2% | 4.5% | 3.8% | 4.6% | 4.4% | 5.0% | 6.7% | 6.0% | 5.7% | 6.0% | 7.1% | 7.0% |
| Non Operating Income | 330,100 | 419,100 | 2.7M | 562,500 | 292,700 | 93,100 | 383,300 | 279,000 | 4.0M | 4.5M | 770,000 | 1.4M | 1.1M | 1.4M |
| Non Operating Expenses | 383,000 | 226,300 | 46,200 | 929,000 | 204,200 | 23,500 | 391,800 | 45,000 | 2,700 | 6,400 | 247,300 | 10,100 | 39,500 | 99,200 |
| Investment Income | -9.3M | 8.7M | -26.3M | 62.0M | 60.5M | 5.8M | -2.2M | -1.7M | -- | 17,400 | -- | -21,500 | 7,388 | 4,626 |
| Asset Disposal Income | -- | -- | -- | -- | -- | -- | -400.00 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 33.8M | 4.6M | 810,700 | 174,200 | -- | -- | 2.6M | 4.4M | 2.7M | -131,200 | 1.7M | 526,900 | -4.0M | 1.0M |
| Other Income | 8.0M | 5.3M | 2.8M | 1.4M | 2.3M | 1.7M | 1.5M | 1.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 31.5M | 174.0M | 122.0M | 175.0M | 171.0M | 82.7M | 61.0M | 50.9M | 69.8M | 72.0M | 65.4M | 59.8M | 54.2M | 39.7M |
| Income Tax | -7.0M | 15.7M | 15.2M | 18.8M | 32.7M | 11.8M | 9.8M | 8.0M | 10.3M | 11.1M | 11.4M | 10.0M | 8.8M | 6.8M |
| Net Income | 38.5M | 158.0M | 107.0M | 156.0M | 138.0M | 70.9M | 51.2M | 42.9M | 59.5M | 61.0M | 54.0M | 49.8M | 45.3M | 32.9M |
| Net Margin % | 1.7% | 5.8% | 3.8% | 4.0% | 3.1% | 4.0% | 3.7% | 4.2% | 6.1% | 5.4% | 4.7% | 5.1% | 6.1% | 6.0% |
| Net Income Attributable | 38.5M | 158.0M | 107.0M | 156.0M | 138.0M | 70.9M | 51.2M | 42.9M | 59.5M | 61.0M | 54.0M | 49.8M | 45.3M | 32.9M |
| Minority Interest | 21.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.09 | 0.39 | 0.35 | 0.51 | 0.45 | 0.30 | 0.28 | 0.36 | 0.61 | 0.68 | 0.60 | 0.55 | 0.51 | -- |
| Eps Diluted | 0.09 | 0.39 | 0.35 | 0.51 | 0.45 | 0.30 | 0.28 | 0.36 | 0.61 | 0.68 | -- | -- | 0.51 | -- |
| 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 | 569.0M | 461.0M | 583.0M | 470.0M | 323.0M | 186.0M | 258.0M | 345.0M | 437.0M | 226.0M | 135.0M | 149.0M | 150.0M | 98.6M |
| Accounts Receivable | 440.0M | 906.0M | 788.0M | 515.0M | 611.0M | 577.0M | 466.0M | 523.0M | 443.0M | 317.0M | 258.0M | 182.0M | 122.0M | 116.0M |
| Notes Receivable | 543,800 | 428,800 | -- | -- | -- | 253,600 | 1.5M | -- | -- | 459,200 | -- | 1.9M | -- | -- |
| Notes And Accounts Receivable | 441.0M | 906.0M | 788.0M | 515.0M | 611.0M | 577.0M | 468.0M | 523.0M | 443.0M | 317.0M | 258.0M | 184.0M | 122.0M | 116.0M |
| Prepayments | 103.0M | 93.6M | 49.0M | 8.4M | 29.8M | 74.7M | 35.5M | 33.9M | 6.9M | 13.2M | 12.0M | 18.8M | 21.2M | 26.6M |
| Inventory | 970.0M | 753.0M | 760.0M | 899.0M | 806.0M | 771.0M | 335.0M | 227.0M | 164.0M | 148.0M | 329.0M | 307.0M | 186.0M | 123.0M |
| Total Current Assets | 2.3B | 2.3B | 2.2B | 2.0B | 1.8B | 1.6B | 1.1B | 1.1B | 1.1B | 712.0M | 792.0M | 666.0M | 486.0M | 375.0M |
| Long Term Equity Investment | 21.1M | 48.2M | 76.7M | 221.0M | 170.0M | 116.0M | 101.0M | 102.0M | -- | -- | -- | -- | 77,300 | 264,900 |
| Fixed Assets | -- | 96.2M | 93.4M | 96.6M | 72.8M | 72.1M | 61.7M | 6.4M | 6.0M | 6.4M | 7.2M | 5.2M | 5.5M | 5.8M |
| Fixed Assets Total | 115.0M | 96.2M | 93.4M | 96.6M | 72.8M | 72.1M | 61.7M | 6.4M | 6.0M | 6.4M | 7.2M | 5.2M | 5.5M | 5.8M |
| Intangible Assets | 34.4M | 37.2M | 49.0M | 59.1M | 57.6M | 21.1M | 9.4M | 5.1M | 1.7M | 1.6M | 2.2M | 1.3M | 960,500 | 2.6M |
| Long Term Deferred Expenses | 5.0M | 4.2M | 5.0M | 4.1M | 2.1M | 1.4M | 335,300 | 292,600 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 349.0M | 281.0M | 265.0M | 407.0M | 348.0M | 235.0M | 208.0M | 189.0M | 16.7M | 11.4M | 16.7M | 11.7M | 10.9M | 11.9M |
| Total Assets | 2.6B | 2.6B | 2.5B | 2.4B | 2.1B | 1.9B | 1.3B | 1.3B | 1.1B | 723.0M | 809.0M | 678.0M | 497.0M | 386.0M |
| Short Term Borrowings | 280.0M | 354.0M | 450.0M | 363.0M | 442.0M | 556.0M | 230.0M | 350.0M | 101.0M | 105.0M | 71.0M | 40.0M | 25.0M | 5.0M |
| Accounts Payable | 181.0M | 188.0M | 218.0M | 212.0M | 134.0M | 229.0M | 138.0M | 144.0M | 154.0M | 146.0M | 184.0M | 164.0M | 116.0M | 103.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 81.1M | 48.7M | 19.0M | 34.7M | 30.4M | 173.0M | 144.0M | 99.1M | 103.0M |
| Contract Liabilities | 141.0M | 139.0M | 102.0M | 140.0M | 77.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 997.0M | 953.0M | 1.2B | 1.2B | 1.1B | 1.0B | 543.0M | 593.0M | 364.0M | 376.0M | 522.0M | 437.0M | 305.0M | 251.0M |
| Long Term Borrowings | -- | -- | 12.6M | 14.2M | 15.0M | -- | -- | -- | -- | -- | -- | -- | -- | 109,000 |
| Total Non Current Liabilities | 4.3M | 3.3M | 20.1M | 34.3M | 35.0M | -- | 270,000 | 630,000 | 990,000 | 1.8M | 2.8M | -- | -- | 109,000 |
| Total Liabilities | 1.0B | 957.0M | 1.3B | 1.2B | 1.1B | 1.0B | 543.0M | 593.0M | 365.0M | 378.0M | 525.0M | 437.0M | 305.0M | 251.0M |
| Paid In Capital | 430.0M | 331.0M | 308.0M | 307.0M | 236.0M | 181.0M | 181.0M | 120.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 50.0M |
| Capital Reserve | 386.0M | 485.0M | 250.0M | 235.0M | 279.0M | 319.0M | 313.0M | 355.0M | 355.0M | 80.2M | 80.2M | 80.2M | 80.2M | 8,279 |
| Surplus Reserve | 97.8M | 88.6M | 72.8M | 63.8M | 50.4M | 43.0M | 36.5M | 31.1M | 26.7M | 20.7M | 14.6M | 9.2M | 4.5M | 7.3M |
| Retained Earnings | 728.0M | 739.0M | 628.0M | 560.0M | 439.0M | 321.0M | 268.0M | 234.0M | 208.0M | 154.0M | 99.4M | 61.6M | 16.6M | 78.4M |
| Minority Equity | 21.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.6B | 1.6B | 1.3B | 1.2B | 991.0M | 855.0M | 776.0M | 737.0M | 710.0M | 345.0M | 284.0M | 241.0M | 191.0M | 136.0M |
| Total Equity | 1.6B | 1.6B | 1.3B | 1.2B | 991.0M | 855.0M | 776.0M | 737.0M | 710.0M | 345.0M | 284.0M | 241.0M | 191.0M | 136.0M |
| 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 | 2.9B | 2.9B | 2.9B | 4.6B | 4.9B | 2.0B | 1.7B | 1.0B | 981.0M | 1.0B | 1.2B | 1.1B | 844.0M | 589.0M |
| Tax Refunds Received | 7.1M | 2.6M | 26.3M | 1.4M | 1.5M | 5.3M | 1.6M | 678,100 | 4.3M | 677,500 | 591,500 | 920,300 | 1.0M | -- |
| Total Operating Cash Inflow | 3.2B | 3.0B | 3.0B | 4.7B | 4.9B | 2.0B | 1.7B | 1.1B | 1.0B | 1.1B | 1.2B | 1.1B | 860.0M | 598.0M |
| Cash Paid For Goods | 1.6B | 2.3B | 2.2B | 3.7B | 4.1B | 1.9B | 1.3B | 892.0M | 763.0M | 731.0M | 930.0M | 867.0M | 647.0M | 435.0M |
| Cash Paid To Employees | 596.0M | 564.0M | 506.0M | 423.0M | 316.0M | 282.0M | 231.0M | 222.0M | 222.0M | 218.0M | 195.0M | 164.0M | 124.0M | 73.2M |
| Taxes Paid | 93.6M | 128.0M | 108.0M | 96.6M | 47.1M | 49.6M | 34.2M | 28.2M | 44.3M | 39.6M | 43.0M | 38.4M | 28.4M | 29.4M |
| Total Operating Cash Outflow | 2.9B | 3.1B | 3.0B | 4.4B | 4.6B | 2.4B | 1.6B | 1.2B | 1.1B | 1.0B | 1.2B | 1.1B | 836.0M | 583.0M |
| Operating Cash Flow | 359.0M | -86.7M | 7.8M | 301.0M | 326.0M | -351.0M | 87.5M | -139.0M | -76.8M | 23.0M | 30.7M | 8.2M | 23.9M | 15.3M |
| Total Investing Cash Inflow | 16.8M | 37.2M | 118.0M | 11.0M | -- | -- | 21,000 | -- | -- | 50.1M | 250.00 | -664,800 | 195,000 | 3,410 |
| Total Investing Cash Outflow | 68.9M | 75.5M | 24.8M | 34.9M | 49.4M | 17.5M | 37.3M | 179.0M | 2.2M | 4.2M | 52.6M | 2.3M | 4.2M | 3.0M |
| Investing Cash Flow | -52.2M | -38.2M | 92.9M | -23.9M | -49.4M | -17.5M | -37.3M | -179.0M | -2.2M | 45.9M | -52.6M | -3.0M | -4.0M | -3.0M |
| Cash From Borrowings | 350.0M | 264.0M | 829.0M | 1.1B | 1.3B | 757.0M | 384.0M | 512.0M | 314.0M | 256.0M | 260.0M | 140.0M | 80.0M | 50.0M |
| Dividends And Interest Paid | 52.7M | 40.9M | 47.8M | 51.4M | 40.0M | 31.2M | 28.8M | 25.0M | 11.2M | 11.2M | 23.9M | 19.4M | 18.7M | 3.1M |
| Debt Repayments | 500.0M | 463.0M | 770.0M | 1.2B | 1.4B | 431.0M | 504.0M | 263.0M | 318.0M | 222.0M | 229.0M | 125.0M | 70.1M | 110.0M |
| Total Financing Cash Inflow | 350.0M | 520.0M | 836.0M | 1.1B | 1.3B | 757.0M | 397.0M | 512.0M | 626.0M | 256.0M | 260.0M | 140.0M | 122.0M | 50.0M |
| Total Financing Cash Outflow | 562.0M | 516.0M | 826.0M | 1.3B | 1.4B | 462.0M | 533.0M | 288.0M | 336.0M | 234.0M | 254.0M | 146.0M | 89.8M | 114.0M |
| Financing Cash Flow | -213.0M | 3.8M | 9.8M | -135.0M | -138.0M | 295.0M | -136.0M | 224.0M | 290.0M | 21.9M | 6.3M | -5.7M | 32.2M | -64.3M |
| Net Change In Cash | 93.8M | -121.0M | 111.0M | 141.0M | 139.0M | -73.6M | -85.5M | -93.5M | 211.0M | 90.1M | -15.7M | -1.1M | 51.9M | -52.0M |
| Ending Cash Balance | 546.0M | 452.0M | 573.0M | 462.0M | 321.0M | 182.0M | 256.0M | 341.0M | 435.0M | 224.0M | 134.0M | 149.0M | 150.0M | 98.6M |
| Capex | 68.9M | 65.9M | 24.8M | 27.7M | 41.4M | 17.5M | 31.3M | 64.8M | 2.2M | 4.2M | 2.5M | 2.3M | 4.2M | 3.0M |