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 | 347.0M | 342.0M | 397.0M | 390.0M | 311.0M | 354.0M | 381.0M | 461.0M | 364.0M | 309.0M | 309.0M | 263.0M | 203.0M | 183.0M |
| Revenue Growth % | 1.5% | -13.9% | 1.8% | 25.4% | -12.1% | -7.1% | -17.4% | 26.6% | 17.8% | 0.0% | 17.5% | 29.6% | 10.9% | -- |
| Total Revenue | 347.0M | 342.0M | 397.0M | 390.0M | 311.0M | 354.0M | 381.0M | 461.0M | 364.0M | 309.0M | 309.0M | 263.0M | 203.0M | 183.0M |
| Cost Of Revenue | 252.0M | 244.0M | 281.0M | 270.0M | 220.0M | 251.0M | 248.0M | 295.0M | 233.0M | 193.0M | 191.0M | 164.0M | 120.0M | 106.0M |
| Gross Profit | 95.0M | 98.0M | 116.0M | 120.0M | 91.0M | 103.0M | 133.0M | 166.0M | 131.0M | 116.0M | 118.0M | 99.0M | 83.0M | 77.0M |
| Gross Margin % | 27.4% | 28.7% | 29.2% | 30.8% | 29.3% | 29.1% | 34.9% | 36.0% | 36.0% | 37.5% | 38.2% | 37.6% | 40.9% | 42.1% |
| Total Operating Cost | 340.0M | 332.0M | 373.0M | 355.0M | 293.0M | 338.0M | 333.0M | 376.0M | 309.0M | 258.0M | 252.0M | 211.0M | 154.0M | 135.0M |
| Selling Expenses | 25.7M | 26.3M | 22.2M | 22.9M | 20.0M | 27.6M | 30.6M | 35.7M | 28.0M | 24.4M | 23.2M | 19.7M | 13.1M | 12.5M |
| Admin Expenses | 33.8M | 35.2M | 34.6M | 36.1M | 29.5M | 32.8M | 27.1M | 29.1M | 34.9M | 28.6M | 27.7M | 24.2M | 17.8M | 13.2M |
| Rd Expenses | 18.5M | 18.7M | 23.1M | 20.0M | 17.6M | 14.4M | 16.1M | 15.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 2.7M | 2.1M | 4.6M | 1.0M | -492,700 | 5.6M | 6.2M | -3.9M | 7.6M | 9.5M | 5.5M | 2.1M | 618,800 | 1.5M |
| Operating Income | 15.1M | 18.8M | 30.4M | 43.7M | 25.0M | 24.4M | 57.4M | 89.0M | 55.5M | 50.6M | 56.9M | 51.6M | 49.3M | 47.7M |
| Operating Margin % | 4.4% | 5.5% | 7.7% | 11.2% | 8.0% | 6.9% | 15.1% | 19.3% | 15.3% | 16.4% | 18.4% | 19.6% | 24.3% | 26.1% |
| Non Operating Income | 600.00 | 47,200 | 588,800 | 83,000 | 870,900 | 30.00 | 5,400 | 109,100 | 6.1M | 636,800 | 420,300 | 3.7M | 345,800 | 399,700 |
| Non Operating Expenses | 173,600 | 306,000 | 145,100 | 255,200 | 266,800 | 19,200 | 680,500 | 248,400 | 105,300 | 146,000 | 170,200 | 523,000 | 103,000 | 121,000 |
| Investment Income | 2.5M | 2.2M | 2.9M | 3.3M | 3.3M | 4.6M | 5.2M | 2.9M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 533,400 | 1.0M | 694,000 | 379,300 | 600,400 | 879,900 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -225,500 | -105,500 | -120,200 | -129,400 | -267,300 | -20,900 | 84,100 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.8M | 1.2M | 2.0M | 725,900 | 2.0M | 1.3M | 1.3M | 718,400 | 587,900 | 488,600 | 1.4M | -781,400 | -263,500 | 383,300 |
| Other Income | 5.2M | 5.6M | 3.1M | 5.0M | 3.1M | 3.1M | 3.9M | 1.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 14.9M | 18.5M | 30.8M | 43.5M | 25.6M | 24.4M | 56.7M | 88.9M | 61.5M | 51.1M | 57.2M | 54.7M | 49.6M | 48.0M |
| Income Tax | 1.2M | 1.2M | 2.3M | 5.5M | 2.9M | 3.4M | 7.7M | 13.2M | 9.5M | 7.1M | 8.5M | 7.8M | 7.1M | 5.7M |
| Net Income | 13.7M | 17.3M | 28.5M | 38.0M | 22.7M | 21.0M | 49.0M | 75.7M | 52.0M | 44.0M | 48.7M | 46.9M | 42.5M | 42.3M |
| Net Margin % | 3.9% | 5.1% | 7.2% | 9.7% | 7.3% | 5.9% | 12.9% | 16.4% | 14.3% | 14.2% | 15.8% | 17.8% | 20.9% | 23.1% |
| Net Income Attributable | 13.7M | 17.3M | 28.5M | 38.4M | 22.6M | 21.0M | 49.0M | 75.7M | 52.0M | 44.0M | 48.7M | 46.9M | 42.5M | 42.3M |
| Minority Interest | -- | -- | 22,500 | -415,400 | 45,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.10 | 0.13 | 0.21 | 0.29 | 0.17 | 0.16 | 0.37 | 0.57 | 0.48 | 0.88 | 0.97 | 0.94 | 0.88 | -- |
| Eps Diluted | 0.10 | 0.13 | 0.21 | 0.29 | 0.17 | 0.16 | 0.37 | 0.57 | 0.48 | 0.88 | 0.97 | 0.94 | 0.88 | -- |
| 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 | 54.2M | 119.0M | 79.4M | 92.2M | 70.9M | 74.5M | 103.0M | 152.0M | 126.0M | 32.9M | 33.5M | 14.4M | 27.0M | 19.4M |
| Trading Financial Assets | 80.3M | 32.1M | 110.0M | 104.0M | 116.0M | 134.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 168.0M | 126.0M | 169.0M | 162.0M | 151.0M | 144.0M | 161.0M | 182.0M | 155.0M | 124.0M | 124.0M | 90.9M | 81.5M | 68.4M |
| Notes Receivable | 11.1M | 9.9M | 3.3M | 1.8M | 4.2M | -- | 56.5M | 86.3M | 58.2M | 46.8M | 46.1M | 38.1M | 16.3M | 18.1M |
| Notes And Accounts Receivable | 180.0M | 136.0M | 172.0M | 163.0M | 155.0M | 144.0M | 217.0M | 268.0M | 214.0M | 171.0M | 170.0M | 129.0M | 97.7M | 86.5M |
| Prepayments | 1.6M | 1.3M | 2.4M | 1.1M | 1.1M | 1.3M | 1.2M | 1.7M | 906,800 | 1.2M | 2.5M | 3.4M | 10.1M | 5.2M |
| Inventory | 65.1M | 61.3M | 79.4M | 91.7M | 76.0M | 71.3M | 63.1M | 64.1M | 33.2M | 41.8M | 37.3M | 28.0M | 22.8M | 14.1M |
| Total Current Assets | 428.0M | 398.0M | 512.0M | 520.0M | 471.0M | 504.0M | 530.0M | 591.0M | 466.0M | 253.0M | 250.0M | 179.0M | 160.0M | 126.0M |
| Fixed Assets | -- | 175.0M | 187.0M | 197.0M | -- | 194.0M | 144.0M | 94.7M | 89.2M | 93.6M | 90.0M | 84.1M | 70.9M | 33.1M |
| Fixed Assets Total | 187.0M | 175.0M | 187.0M | 197.0M | 196.0M | 194.0M | 144.0M | 94.7M | 89.2M | 93.6M | 90.0M | 84.1M | 70.9M | 33.1M |
| Construction In Progress | -- | 773,500 | -- | 193,500 | 2.0M | 8.8M | 33.0M | 50.7M | 3.2M | -- | -- | -- | 250,400 | 633,900 |
| Construction In Progress Total | -- | 773,500 | -- | 193,500 | 2.0M | 8.8M | 33.0M | 50.7M | 3.2M | -- | -- | -- | 250,400 | 633,900 |
| Intangible Assets | 22.2M | 23.5M | 24.9M | 26.3M | 27.8M | 25.6M | 25.8M | 26.7M | 24.5M | 25.5M | 3.4M | 2.9M | 2.6M | 2.6M |
| Long Term Deferred Expenses | -- | 168,300 | 336,700 | 505,000 | 673,400 | -- | -- | 209,700 | 884,500 | 1.8M | 1.5M | 2.6M | 730,500 | 619,200 |
| Total Non Current Assets | 284.0M | 288.0M | 231.0M | 245.0M | 244.0M | 244.0M | 219.0M | 174.0M | 119.0M | 122.0M | 95.4M | 89.9M | 74.9M | 37.4M |
| Total Assets | 713.0M | 686.0M | 743.0M | 765.0M | 715.0M | 748.0M | 749.0M | 765.0M | 585.0M | 375.0M | 346.0M | 269.0M | 235.0M | 163.0M |
| Short Term Borrowings | 57.1M | 60.0M | 57.5M | 93.9M | 78.5M | 84.5M | 68.7M | 103.0M | 64.2M | 112.0M | 111.0M | 71.4M | 79.8M | 23.5M |
| Accounts Payable | 54.1M | 31.5M | 45.8M | 51.0M | 62.2M | 67.3M | 79.7M | 92.2M | 50.6M | 42.6M | 39.2M | 32.7M | 42.6M | 19.6M |
| Advance Receipts | 156,200 | 263,700 | 18,000 | 126,000 | 300,000 | 1.3M | 918,200 | 1.5M | 919,300 | 293,100 | 280,800 | 197,600 | 342,600 | 907,600 |
| Contract Liabilities | 7.2M | 2.6M | 6.9M | 4.9M | 3.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 160.0M | 132.0M | 190.0M | 207.0M | 187.0M | 188.0M | 204.0M | 248.0M | 147.0M | 207.0M | 173.0M | 125.0M | 131.0M | 53.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 47.6M | 26.7M | 13.4M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 3.1M | 4.4M | 4.8M | 7.9M | 2.6M | 50.3M | 30.2M | 16.6M | 886,900 | 1.0M | -- | -- | -- | -- |
| Total Liabilities | 163.0M | 137.0M | 195.0M | 215.0M | 189.0M | 238.0M | 234.0M | 265.0M | 148.0M | 208.0M | 173.0M | 125.0M | 131.0M | 53.0M |
| Paid In Capital | 133.0M | 133.0M | 133.0M | 133.0M | 133.0M | 133.0M | 133.0M | 133.0M | 66.7M | 50.0M | 50.0M | 50.0M | 50.0M | 21.6M |
| Capital Reserve | 174.0M | 174.0M | 174.0M | 174.0M | 174.0M | 174.0M | 174.0M | 174.0M | 241.0M | 39.1M | 39.1M | 39.1M | 39.1M | 18.4M |
| Surplus Reserve | 47.3M | 45.8M | 44.1M | 41.4M | 37.5M | 35.2M | 33.1M | 28.2M | 20.7M | 15.5M | 11.1M | 6.2M | 1.5M | 8.0M |
| Retained Earnings | 195.0M | 196.0M | 197.0M | 198.0M | 176.0M | 167.0M | 174.0M | 164.0M | 109.0M | 62.1M | 72.5M | 48.7M | 13.5M | 62.1M |
| Minority Equity | -- | -- | -- | 3.8M | 4.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 550.0M | 549.0M | 548.0M | 546.0M | 521.0M | 509.0M | 515.0M | 500.0M | 437.0M | 167.0M | 173.0M | 144.0M | 104.0M | 110.0M |
| Total Equity | 550.0M | 549.0M | 548.0M | 550.0M | 526.0M | 509.0M | 515.0M | 500.0M | 437.0M | 167.0M | 173.0M | 144.0M | 104.0M | 110.0M |
| 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 | 349.0M | 432.0M | 430.0M | 403.0M | 333.0M | 408.0M | 474.0M | 473.0M | 373.0M | 350.0M | 310.0M | 267.0M | 211.0M | 162.0M |
| Tax Refunds Received | 50,600 | 836,100 | 938,600 | 975,400 | 1.2M | 1.9M | 540,100 | 157,700 | 140,300 | 2.1M | 636,600 | 805,500 | 445,600 | -- |
| Total Operating Cash Inflow | 355.0M | 441.0M | 436.0M | 410.0M | 339.0M | 419.0M | 483.0M | 483.0M | 382.0M | 356.0M | 313.0M | 274.0M | 214.0M | 164.0M |
| Cash Paid For Goods | 185.0M | 226.0M | 213.0M | 241.0M | 172.0M | 260.0M | 239.0M | 296.0M | 186.0M | 173.0M | 177.0M | 159.0M | 113.0M | 108.0M |
| Cash Paid To Employees | 110.0M | 108.0M | 116.0M | 103.0M | 79.3M | 95.4M | 103.0M | 96.8M | 81.0M | 74.1M | 65.1M | 51.1M | 38.4M | 30.1M |
| Taxes Paid | 20.9M | 30.8M | 18.7M | 26.8M | 20.9M | 15.4M | 33.6M | 42.8M | 37.6M | 27.9M | 34.2M | 21.0M | 21.2M | 14.1M |
| Total Operating Cash Outflow | 333.0M | 382.0M | 357.0M | 384.0M | 283.0M | 391.0M | 397.0M | 459.0M | 324.0M | 291.0M | 291.0M | 244.0M | 183.0M | 161.0M |
| Operating Cash Flow | 22.5M | 58.9M | 78.3M | 26.3M | 56.0M | 28.0M | 86.2M | 23.6M | 58.2M | 65.2M | 21.1M | 29.4M | 30.8M | 3.0M |
| Total Investing Cash Inflow | 130.0M | 299.0M | 227.0M | 355.0M | 363.0M | 402.0M | 416.0M | 363.0M | 78,300 | 1.2M | 50,800 | 133,000 | 81,700 | 98,400 |
| Total Investing Cash Outflow | 195.0M | 300.0M | 246.0M | 359.0M | 371.0M | 446.0M | 491.0M | 400.0M | 102.0M | 38.4M | 15.5M | 18.5M | 32.3M | 8.5M |
| Investing Cash Flow | -65.3M | -1.8M | -19.9M | -3.7M | -8.7M | -44.5M | -74.8M | -37.2M | -102.0M | -37.2M | -15.5M | -18.4M | -32.2M | -8.4M |
| Cash From Borrowings | 67.0M | 60.8M | 85.2M | 157.0M | 144.0M | 153.0M | 147.0M | 183.0M | 160.0M | 161.0M | 161.0M | 141.0M | 130.0M | 50.6M |
| Dividends And Interest Paid | 14.5M | 17.7M | 27.8M | 14.7M | 13.6M | 31.0M | 35.4M | 15.9M | 34.4M | 25.2M | 24.8M | 10.5M | 61.4M | 5.6M |
| Debt Repayments | 70.0M | 58.5M | 125.0M | 139.0M | 181.0M | 132.0M | 171.0M | 127.0M | 210.0M | 163.0M | 122.0M | 148.0M | 73.3M | 31.8M |
| Total Financing Cash Inflow | 67.0M | 60.8M | 85.2M | 157.0M | 144.0M | 153.0M | 147.0M | 183.0M | 391.0M | 161.0M | 161.0M | 141.0M | 142.0M | 50.6M |
| Total Financing Cash Outflow | 87.1M | 78.9M | 157.0M | 157.0M | 195.0M | 164.0M | 207.0M | 143.0M | 252.0M | 188.0M | 148.0M | 162.0M | 137.0M | 37.4M |
| Financing Cash Flow | -20.1M | -18.1M | -71.6M | -255,000 | -51.2M | -11.7M | -59.7M | 39.2M | 139.0M | -27.1M | 13.7M | -20.5M | 4.9M | 13.2M |
| Net Change In Cash | -64.3M | 39.0M | -12.8M | 21.3M | -3.6M | -28.5M | -48.7M | 25.4M | 94.6M | 59,600 | 19.0M | -9.0M | 3.5M | 7.3M |
| Ending Cash Balance | 54.2M | 118.0M | 79.4M | 92.2M | 70.9M | 74.5M | 103.0M | 152.0M | 126.0M | 31.8M | 31.7M | 12.8M | 21.8M | 18.2M |
| Capex | 18.4M | 16.5M | 14.5M | 15.8M | 24.6M | 58.4M | 38.5M | 30.3M | 12.1M | 38.4M | 15.5M | 18.5M | 32.3M | 8.5M |