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 | 269.0M | 255.0M | 237.0M | 226.0M | 165.0M | 166.0M | 140.0M | 115.0M | 100.0M | 97.9M | 98.2M | 90.8M | 61.6M | 60.1M |
| Revenue Growth % | 5.5% | 7.6% | 4.9% | 37.0% | -0.6% | 18.6% | 21.7% | 15.0% | 2.1% | -0.3% | 8.2% | 47.3% | 2.5% | -- |
| Total Revenue | 269.0M | 255.0M | 237.0M | 226.0M | 165.0M | 166.0M | 140.0M | 115.0M | 100.0M | 97.9M | 98.2M | 90.8M | 61.6M | 60.1M |
| Cost Of Revenue | 154.0M | 147.0M | 136.0M | 127.0M | 91.4M | 88.9M | 72.8M | 54.3M | 44.6M | 42.1M | 42.1M | 38.3M | 25.8M | 24.3M |
| Gross Profit | 115.0M | 108.0M | 101.0M | 99.0M | 73.6M | 77.1M | 67.2M | 60.7M | 55.4M | 55.8M | 56.1M | 52.5M | 35.8M | 35.8M |
| Gross Margin % | 42.8% | 42.4% | 42.6% | 43.8% | 44.6% | 46.4% | 48.0% | 52.8% | 55.4% | 57.0% | 57.1% | 57.8% | 58.1% | 59.6% |
| Total Operating Cost | 267.0M | 247.0M | 228.0M | 211.0M | 170.0M | 157.0M | 132.0M | 101.0M | 76.1M | 70.5M | 69.3M | 61.7M | 42.7M | 37.1M |
| Selling Expenses | 36.5M | 33.9M | 34.1M | 35.4M | 27.9M | 27.3M | 19.9M | 16.7M | 10.2M | 9.2M | 8.9M | 8.1M | 4.9M | 4.2M |
| Admin Expenses | 30.8M | 28.8M | 28.1M | 23.9M | 19.0M | 19.9M | 19.2M | 14.3M | 19.1M | 17.6M | 17.9M | 15.8M | 12.1M | 7.7M |
| Rd Expenses | 43.5M | 38.6M | 28.4M | 24.1M | 27.4M | 18.0M | 17.0M | 14.5M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -7.5M | -9.7M | -5.1M | -1.1M | -510,800 | -1.1M | -1.3M | -1.4M | -816,800 | -1.3M | -1.4M | -1.6M | -1.2M | -551,100 |
| Operating Income | 18.0M | 32.4M | 16.8M | 23.7M | 12.0M | 20.7M | 15.4M | 22.9M | 24.2M | 28.0M | 29.3M | 29.2M | 18.9M | 23.0M |
| Operating Margin % | 6.7% | 12.7% | 7.1% | 10.5% | 7.3% | 12.4% | 11.0% | 19.9% | 24.2% | 28.6% | 29.8% | 32.1% | 30.7% | 38.3% |
| Non Operating Income | 10,100 | 16,200 | 562,500 | 2.2M | 195,900 | 91,600 | 86,800 | 2.3M | 7.7M | 7.1M | 8.8M | 7.4M | 5.0M | 6.2M |
| Non Operating Expenses | 1.3M | 500.00 | 3,700 | 62,200 | 129,100 | 255,600 | 360,000 | 111,000 | 103,000 | 38,200 | 56,800 | 63,400 | -- | 11,900 |
| Investment Income | 1.1M | 1.1M | -41,600 | 1.1M | 285,800 | 201,200 | 2.7M | 2.8M | 157,100 | 604,900 | 430,200 | 151,800 | 11,300 | 4,414 |
| Fair Value Change Income | -1.2M | 10.9M | 3,400 | 751,600 | 10.6M | 3.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 98,000 | 56,300 | 77,100 | 286,000 | -263,800 | -116,400 | -3,300 | -196,800 | 11,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.5M | 2.5M | 3.1M | 112,400 | 811,500 | 1.3M | 3.4M | 1.7M | 1.7M | 1.6M | 789,600 | 157,700 | 517,100 | 688,200 |
| Other Income | 15.9M | 11.9M | 7.4M | 6.9M | 6.3M | 7.8M | 4.7M | 6.4M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 16.8M | 32.4M | 17.3M | 25.9M | 12.0M | 20.5M | 15.2M | 25.1M | 31.8M | 35.0M | 38.1M | 36.5M | 23.9M | 29.2M |
| Income Tax | 3.2M | 2.3M | -324,400 | 2.1M | 1.9M | 2.9M | 3.2M | 3.7M | 4.5M | 5.0M | 3.8M | 4.4M | 3.2M | -153,900 |
| Net Income | 13.6M | 30.1M | 17.7M | 23.8M | 10.2M | 17.6M | 12.0M | 21.3M | 27.3M | 30.0M | 34.2M | 32.1M | 20.7M | 29.4M |
| Net Margin % | 5.1% | 11.8% | 7.5% | 10.5% | 6.2% | 10.6% | 8.6% | 18.5% | 27.3% | 30.7% | 34.8% | 35.3% | 33.7% | 48.9% |
| Net Income Attributable | 19.1M | 32.7M | 18.6M | 24.7M | 12.7M | 20.9M | 16.4M | 22.0M | 27.3M | 30.0M | 34.2M | 32.1M | 20.7M | 29.4M |
| Minority Interest | -5.5M | -2.6M | -891,200 | -976,500 | -2.6M | -3.2M | -4.4M | -721,000 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.24 | 0.40 | 0.25 | 0.52 | 0.27 | 0.43 | 0.34 | 0.46 | 0.72 | 0.83 | 0.95 | 0.89 | 0.58 | -- |
| Eps Diluted | 0.24 | 0.40 | 0.25 | 0.52 | 0.27 | 0.43 | 0.34 | 0.46 | 0.72 | 0.83 | 0.95 | 0.89 | 0.58 | -- |
| 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 | 276.0M | 213.0M | 222.0M | 59.9M | 75.2M | 152.0M | 86.8M | 162.0M | 129.0M | 78.2M | 81.0M | 74.8M | 50.0M | 44.3M |
| Trading Financial Assets | -- | -- | 5.2M | -- | 81.5M | 650,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 74.8M | 66.6M | 43.1M | 44.9M | 66.2M | 58.9M | 51.9M | 45.8M | 40.8M | 36.5M | 26.0M | 23.8M | 24.1M | 21.2M |
| Notes Receivable | 4.2M | 1.2M | 1.7M | 4.2M | 2.7M | 1.1M | 4.7M | 1.2M | 771,000 | 1.5M | 1.9M | 10.5M | 1.7M | 1.0M |
| Notes And Accounts Receivable | 78.9M | 67.8M | 44.8M | 49.1M | 68.9M | 60.0M | 56.6M | 47.0M | 41.6M | 38.0M | 28.0M | 34.2M | 25.8M | 22.3M |
| Prepayments | 5.9M | 5.5M | 2.9M | 5.6M | 3.9M | 1.1M | 990,900 | 1.3M | 242,400 | 261,800 | 195,000 | 292,000 | 1.1M | 1.8M |
| Inventory | 168.0M | 130.0M | 146.0M | 148.0M | 74.9M | 56.7M | 60.8M | 43.5M | 26.0M | 20.2M | 28.2M | 28.0M | 19.3M | 13.8M |
| Total Current Assets | 698.0M | 464.0M | 463.0M | 299.0M | 314.0M | 275.0M | 265.0M | 259.0M | 269.0M | 140.0M | 141.0M | 139.0M | 100.0M | 82.5M |
| Long Term Equity Investment | -- | -- | -- | 78,100 | 3.1M | 2.8M | 609,000 | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 77.8M | 79.9M | 74.6M | 79.7M | 83.9M | 87.7M | 87.7M | 6.5M | 7.0M | 7.3M | 7.5M | 5.7M | 5.1M |
| Fixed Assets Total | 72.9M | 77.8M | 79.9M | 74.6M | 79.7M | 83.9M | 87.7M | 87.7M | 6.5M | 7.0M | 7.3M | 7.5M | 5.7M | 5.1M |
| Construction In Progress | -- | 251.0M | 92.3M | 3.0M | -- | -- | 679,600 | 180,200 | 54.3M | 25.7M | 1.1M | -- | -- | -- |
| Construction In Progress Total | 376.0M | 251.0M | 92.3M | 3.0M | -- | -- | 679,600 | 180,200 | 54.3M | 25.7M | 1.1M | -- | -- | -- |
| Intangible Assets | 28.1M | 28.8M | 29.4M | 29.2M | 4.8M | 5.5M | 6.2M | 5.9M | 4.9M | 5.0M | 5.2M | 9,825 | -- | -- |
| Long Term Deferred Expenses | 1.5M | 2.3M | 3.2M | 100,800 | 224,700 | 844,000 | 1.5M | 103,300 | 60,000 | -- | -- | 152,100 | 304,300 | 94,900 |
| Total Non Current Assets | 688.0M | 595.0M | 442.0M | 243.0M | 113.0M | 96.4M | 99.5M | 96.2M | 70.9M | 40.4M | 21.9M | 7.9M | 7.2M | 7.5M |
| Total Assets | 1.4B | 1.1B | 905.0M | 542.0M | 427.0M | 372.0M | 364.0M | 355.0M | 340.0M | 180.0M | 163.0M | 146.0M | 108.0M | 90.0M |
| Short Term Borrowings | 20.0M | 30.0M | -- | 4.2M | -- | -- | 500,000 | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 119.0M | 73.6M | 57.0M | 35.5M | 28.7M | 15.3M | 15.5M | 14.2M | 10.0M | 4.9M | 2.9M | 6.3M | 2.2M | 2.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 16.0M | 15.8M | 10.3M | 12.3M | 8.8M | 15.0M | 10.9M | 3.2M | 3.5M |
| Contract Liabilities | 87.4M | 68.3M | 68.3M | 75.6M | 38.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 307.0M | 239.0M | 169.0M | 177.0M | 84.4M | 39.9M | 40.0M | 30.9M | 27.8M | 20.5M | 23.1M | 22.7M | 10.8M | 14.0M |
| Long Term Borrowings | 100.0M | 95.5M | 38.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 350.0M | 101.0M | 44.7M | 7.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 657.0M | 341.0M | 214.0M | 185.0M | 84.4M | 39.9M | 40.0M | 30.9M | 27.8M | 20.5M | 23.1M | 22.7M | 10.8M | 14.0M |
| Paid In Capital | 81.1M | 81.1M | 62.4M | 48.0M | 48.0M | 48.0M | 48.0M | 48.0M | 48.0M | 36.0M | 36.0M | 36.0M | 36.0M | 36.0M |
| Capital Reserve | 424.0M | 428.0M | 446.0M | 159.0M | 159.0M | 165.0M | 165.0M | 165.0M | 165.0M | 41.8M | 41.8M | 41.8M | 41.8M | 1.0M |
| Surplus Reserve | 32.6M | 31.2M | 28.0M | 26.2M | 23.6M | 21.6M | 19.3M | 16.9M | 14.3M | 11.5M | 8.5M | 5.1M | 1.9M | 4.5M |
| Retained Earnings | 178.0M | 166.0M | 143.0M | 126.0M | 114.0M | 103.0M | 94.5M | 92.5M | 85.0M | 70.6M | 53.7M | 40.9M | 17.0M | 34.5M |
| Minority Equity | 9.9M | 12.3M | 11.7M | -2.3M | -2.3M | -5.3M | -2.1M | 2.3M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 719.0M | 706.0M | 680.0M | 360.0M | 344.0M | 337.0M | 326.0M | 322.0M | 312.0M | 160.0M | 140.0M | 124.0M | 96.7M | 76.0M |
| Total Equity | 729.0M | 719.0M | 692.0M | 357.0M | 342.0M | 332.0M | 324.0M | 324.0M | 312.0M | 160.0M | 140.0M | 124.0M | 96.7M | 76.0M |
| 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 | 255.0M | 243.0M | 224.0M | 200.0M | 129.0M | 120.0M | 112.0M | 93.0M | 86.9M | 73.6M | 92.2M | 80.1M | 53.0M | 47.7M |
| Tax Refunds Received | 4.5M | 1.1M | 1.9M | 2.0M | 5.3M | 7.1M | 4.9M | 6.7M | 6.7M | 6.9M | 7.0M | 7.2M | 3.4M | 5.5M |
| Total Operating Cash Inflow | 279.0M | 262.0M | 252.0M | 239.0M | 141.0M | 132.0M | 120.0M | 103.0M | 95.5M | 82.8M | 103.0M | 91.2M | 58.9M | 54.4M |
| Cash Paid For Goods | 115.0M | 108.0M | 118.0M | 79.7M | 40.1M | 33.8M | 49.2M | 46.8M | 22.1M | 11.9M | 18.7M | 21.4M | 18.8M | 26.4M |
| Cash Paid To Employees | 90.9M | 77.4M | 66.4M | 57.3M | 42.3M | 37.5M | 34.4M | 24.9M | 16.3M | 15.2M | 13.5M | 11.9M | 8.9M | 6.6M |
| Taxes Paid | 16.1M | 15.4M | 15.5M | 17.6M | 10.0M | 12.5M | 11.2M | 12.9M | 15.8M | 15.4M | 15.7M | 14.3M | 6.7M | 6.9M |
| Total Operating Cash Outflow | 261.0M | 238.0M | 235.0M | 217.0M | 122.0M | 110.0M | 115.0M | 106.0M | 68.7M | 55.6M | 60.6M | 60.5M | 43.3M | 46.0M |
| Operating Cash Flow | 17.9M | 24.3M | 16.3M | 21.9M | 18.7M | 21.3M | 4.9M | -2.2M | 26.8M | 27.2M | 42.2M | 30.7M | 15.6M | 8.4M |
| Total Investing Cash Inflow | 29.5M | 87.6M | 36.5M | 195.0M | 199.0M | 305.0M | 332.0M | 478.0M | 50.2M | 129.0M | 74.0M | 26.2M | 11,500 | 3.0M |
| Total Investing Cash Outflow | 231.0M | 203.0M | 209.0M | 237.0M | 294.0M | 251.0M | 402.0M | 433.0M | 151.0M | 148.0M | 90.2M | 27.0M | 4.2M | 4.7M |
| Investing Cash Flow | -202.0M | -115.0M | -172.0M | -41.7M | -95.4M | 53.8M | -69.5M | 45.0M | -101.0M | -19.5M | -16.2M | -865,000 | -4.2M | -1.6M |
| Cash From Borrowings | 19.5M | 63.0M | 49.5M | 4.2M | -- | -- | 500,000 | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 9.5M | 10.1M | 2.1M | 9.6M | -- | 9.6M | 12.0M | 12.0M | 10.1M | 10.1M | 18.0M | 5.0M | 5.8M | -- |
| Debt Repayments | 71.0M | -- | 32.0M | 0.00 | -- | 500,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 313.0M | 95.9M | 366.0M | 5.2M | 0.00 | 25,000 | 500,000 | 3.0M | 148.0M | -- | -- | -- | -- | 35.0M |
| Total Financing Cash Outflow | 89.8M | 15.3M | 38.9M | 10.9M | 0.00 | 10.1M | 12.0M | 12.6M | 22.9M | 10.5M | 19.8M | 5.0M | 5.8M | -- |
| Financing Cash Flow | 223.0M | 80.6M | 327.0M | -5.7M | 0.00 | -10.1M | -11.5M | -9.6M | 125.0M | -10.5M | -19.8M | -5.0M | -5.8M | 35.0M |
| Net Change In Cash | 39.3M | -10.6M | 171.0M | -25.7M | -76.5M | 65.2M | -76.0M | 33.3M | 50.9M | -2.8M | 6.2M | 24.8M | 5.7M | 41.8M |
| Ending Cash Balance | 250.0M | 210.0M | 221.0M | 49.5M | 75.2M | 152.0M | 86.5M | 162.0M | 129.0M | 78.2M | 81.0M | 74.8M | 50.0M | 44.3M |
| Capex | 101.0M | 146.0M | 67.5M | 131.0M | 2.9M | 3.6M | 15.7M | 28.0M | 31.1M | 20.4M | 15.4M | 3.0M | 2.2M | 4.7M |