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 | 1.2B | 995.0M | 973.0M | 977.0M | 794.0M | 714.0M | 548.0M | 390.0M | 330.0M | 286.0M | 259.0M | 245.0M | 203.0M | 161.0M |
| Revenue Growth % | 21.3% | 2.3% | -0.4% | 23.0% | 11.2% | 30.3% | 40.5% | 18.2% | 15.4% | 10.4% | 5.7% | 20.7% | 26.1% | -- |
| Total Revenue | 1.2B | 995.0M | 973.0M | 977.0M | 794.0M | 714.0M | 548.0M | 390.0M | 330.0M | 286.0M | 259.0M | 245.0M | 203.0M | 161.0M |
| Cost Of Revenue | 994.0M | 792.0M | 713.0M | 698.0M | 552.0M | 513.0M | 384.0M | 280.0M | 229.0M | 195.0M | 165.0M | 154.0M | 120.0M | 92.4M |
| Gross Profit | 213.0M | 203.0M | 260.0M | 279.0M | 242.0M | 201.0M | 164.0M | 110.0M | 101.0M | 91.0M | 94.0M | 91.0M | 83.0M | 68.6M |
| Gross Margin % | 17.6% | 20.4% | 26.7% | 28.6% | 30.5% | 28.2% | 29.9% | 28.2% | 30.6% | 31.8% | 36.3% | 37.1% | 40.9% | 42.6% |
| Total Operating Cost | 1.4B | 1.1B | 956.0M | 898.0M | 705.0M | 645.0M | 477.0M | 348.0M | 286.0M | 248.0M | 220.0M | 203.0M | 166.0M | 126.0M |
| Selling Expenses | 43.8M | 44.9M | 41.4M | 34.9M | 31.2M | 30.8M | 24.0M | 19.0M | 16.5M | 13.5M | 12.5M | 12.3M | 11.3M | 7.5M |
| Admin Expenses | 72.7M | 65.3M | 60.6M | 50.0M | 48.2M | 47.8M | 36.2M | 25.9M | 34.2M | 24.8M | 21.9M | 21.0M | 19.7M | 18.3M |
| Rd Expenses | 60.3M | 45.4M | 62.6M | 39.9M | 27.1M | 29.2M | 18.1M | 14.6M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 26.2M | 23.9M | 31.0M | 18.1M | 18.9M | 12.7M | 3.1M | 1.1M | 2.7M | 4.9M | 3.1M | 1.4M | 1.1M | 385,900 |
| Operating Income | -142.0M | -59.3M | 40.4M | 89.2M | 100.0M | 74.5M | 77.5M | 45.6M | 43.8M | 37.5M | 38.2M | 41.9M | 36.7M | 35.4M |
| Operating Margin % | -11.8% | -6.0% | 4.1% | 9.1% | 12.6% | 10.4% | 14.1% | 11.7% | 13.3% | 13.1% | 14.7% | 17.1% | 18.1% | 22.0% |
| Non Operating Income | 99,800 | 3.1M | 243,000 | 20,300 | 200.00 | 1.6M | 1.9M | -- | 920,300 | 3.3M | 1.1M | 151,000 | 757,400 | 66,500 |
| Non Operating Expenses | 1.9M | 2.5M | 831,100 | 1.7M | 1.3M | 431,100 | 986,900 | 145,000 | -- | 3,000 | 508,800 | 900.00 | 49,100 | 193,000 |
| Investment Income | 193,000 | 8.8M | 3.2M | 1.9M | 213,600 | 1,182 | -- | 192,500 | -- | 0.00 | -- | -- | -- | -10,100 |
| Fair Value Change Income | -- | -8.8M | 8.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -412,100 | 187,000 | -7,200 | 71,900 | -81,700 | 86,000 | 1,900 | -105,400 | -97,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 47.7M | 35.4M | 9.5M | 435,500 | 1.1M | 98,700 | 8.5M | 5.4M | 5.7M | 7.8M | 14.6M | 8.6M | 8.3M | 2.6M |
| Other Income | 13.2M | 8.2M | 11.5M | 8.4M | 11.9M | 5.5M | 6.5M | 3.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -144.0M | -58.7M | 39.8M | 87.6M | 99.1M | 75.7M | 78.4M | 45.5M | 44.7M | 40.8M | 38.8M | 42.1M | 37.4M | 35.3M |
| Income Tax | -10.3M | -5.4M | 3.2M | 12.5M | 13.6M | 10.6M | 9.8M | 6.4M | 6.6M | 6.1M | 5.4M | 6.6M | 5.4M | 5.1M |
| Net Income | -134.0M | -53.2M | 36.5M | 75.0M | 85.5M | 65.1M | 68.6M | 39.0M | 38.2M | 34.7M | 33.4M | 35.5M | 32.1M | 30.2M |
| Net Margin % | -11.1% | -5.4% | 3.8% | 7.7% | 10.8% | 9.1% | 12.5% | 10.0% | 11.6% | 12.1% | 12.9% | 14.5% | 15.8% | 18.8% |
| Net Income Attributable | -123.0M | -52.8M | 35.7M | 72.9M | 82.8M | 56.9M | 58.5M | 39.0M | 38.2M | 34.7M | 33.4M | 35.5M | 32.1M | 30.2M |
| Minority Interest | -11.0M | -422,900 | 805,400 | 2.1M | 2.7M | 8.2M | 10.1M | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 400.00 |
| Eps Basic | -0.53 | -0.23 | 0.16 | 0.32 | 0.41 | 0.30 | 0.31 | 0.25 | 0.69 | 0.66 | 0.63 | 0.67 | 0.63 | 0.60 |
| Eps Diluted | -0.53 | -0.23 | 0.16 | 0.32 | 0.41 | 0.30 | 0.31 | 0.25 | -- | 0.66 | 0.63 | 0.67 | 0.63 | 0.60 |
| 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 | 625.0M | 753.0M | 811.0M | 782.0M | 519.0M | 117.0M | 163.0M | 96.2M | 204.0M | 75.0M | 62.1M | 45.0M | 39.1M | 44.7M |
| Trading Financial Assets | -- | -- | -- | -- | -- | 50,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.1B | 1.1B | 1.0B | 1.1B | 823.0M | 613.0M | 494.0M | 365.0M | 287.0M | 258.0M | 256.0M | 208.0M | 155.0M | 91.3M |
| Notes Receivable | 21.2M | 1.8M | 1.1M | -- | -- | 2.0M | 1.5M | -- | -- | -- | -- | -- | 3.3M | -- |
| Notes And Accounts Receivable | 1.1B | 1.1B | 1.0B | 1.1B | 823.0M | 615.0M | 495.0M | 365.0M | 287.0M | 258.0M | 256.0M | 208.0M | 158.0M | 91.3M |
| Prepayments | 58.9M | 110.0M | 66.8M | 98.9M | 11.6M | 10.5M | 4.0M | 3.5M | 1.8M | 1.8M | 1.2M | 753,400 | 478,800 | 406,900 |
| Inventory | 133.0M | 79.8M | 57.3M | 58.9M | 38.9M | 27.3M | 22.1M | 1.2M | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 2.0B | 2.1B | 2.1B | 2.1B | 1.5B | 810.0M | 720.0M | 491.0M | 511.0M | 346.0M | 327.0M | 257.0M | 201.0M | 138.0M |
| Long Term Equity Investment | 7.7M | 7.6M | 8.0M | 37.5M | 35.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 314.0M | 90.6M | 73.8M | 78.9M | 86.2M | 93.4M | 71.7M | 23.9M | 26.2M | 24.3M | 22.6M | 18.2M | 13.8M |
| Fixed Assets Total | 289.0M | 314.0M | 90.6M | 73.8M | 78.9M | 86.2M | 93.4M | 71.7M | 23.9M | 26.2M | 24.3M | 22.6M | 18.2M | 13.8M |
| Construction In Progress | -- | 1.3M | 199.0M | 190.0M | 113.0M | 33.8M | 7.5M | 341,600 | 339,800 | -- | -- | -- | -- | -- |
| Construction In Progress Total | 3.7M | 1.3M | 199.0M | 190.0M | 113.0M | 33.8M | 7.5M | 341,600 | 339,800 | -- | -- | -- | -- | -- |
| Intangible Assets | 97.1M | 113.0M | 80.7M | 66.0M | 63.5M | 38.1M | 42.5M | 733,700 | 289,300 | 114,400 | -- | 1,706 | 6,827 | 11,900 |
| Long Term Deferred Expenses | 427,700 | 402,700 | -- | 159,800 | 2.0M | 4.6M | 5.4M | 984,500 | 234,500 | 96,000 | 273,700 | 643,800 | 1.0M | 428,100 |
| Total Non Current Assets | 552.0M | 614.0M | 625.0M | 611.0M | 504.0M | 388.0M | 331.0M | 98.5M | 42.3M | 33.0M | 30.8M | 27.2M | 21.8M | 15.1M |
| Total Assets | 2.6B | 2.7B | 2.7B | 2.7B | 2.0B | 1.2B | 1.1B | 589.0M | 554.0M | 379.0M | 358.0M | 285.0M | 222.0M | 153.0M |
| Short Term Borrowings | 556.0M | 591.0M | 541.0M | 492.0M | 322.0M | 224.0M | 91.5M | 30.0M | 43.6M | 56.8M | 46.8M | 25.7M | 21.8M | 7.0M |
| Accounts Payable | 145.0M | 163.0M | 183.0M | 288.0M | 208.0M | 118.0M | 84.7M | 44.8M | 32.3M | 32.1M | 52.7M | 38.7M | 19.5M | 25.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.4M | 5.4M | 2.0M | 1.5M | 1.2M | 357,600 | 701,700 | 767,900 | -- |
| Contract Liabilities | 21.2M | 66.0M | 21.2M | 80.0M | 1.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.4B | 1.5B | 1.4B | 1.4B | 835.0M | 470.0M | 466.0M | 106.0M | 101.0M | 113.0M | 127.0M | 87.2M | 60.2M | 48.3M |
| Long Term Borrowings | 68.1M | 113.0M | 149.0M | 167.0M | 70.7M | 86.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 181.0M | 122.0M | 156.0M | 195.0M | 76.5M | 93.1M | 7.6M | -- | -- | -- | -- | -- | -- | 133,600 |
| Total Liabilities | 1.6B | 1.6B | 1.6B | 1.6B | 912.0M | 563.0M | 473.0M | 106.0M | 101.0M | 113.0M | 127.0M | 87.2M | 60.2M | 48.4M |
| Paid In Capital | 230.0M | 230.0M | 228.0M | 226.0M | 226.0M | 189.0M | 158.0M | 105.0M | 70.1M | 52.6M | 52.6M | 52.6M | 52.6M | 50.0M |
| Capital Reserve | 451.0M | 451.0M | 429.0M | 412.0M | 410.0M | 64.2M | 95.8M | 148.0M | 183.0M | 52.2M | 52.2M | 52.2M | 52.2M | 29.8M |
| Surplus Reserve | 45.3M | 45.3M | 45.3M | 42.3M | 36.9M | 31.9M | 28.3M | 23.7M | 19.8M | 16.1M | 12.6M | 9.2M | 5.7M | 2.5M |
| Retained Earnings | 227.0M | 353.0M | 415.0M | 403.0M | 374.0M | 296.0M | 252.0M | 207.0M | 179.0M | 145.0M | 114.0M | 83.7M | 51.7M | 22.8M |
| Minority Equity | 12.2M | 23.1M | 24.9M | 24.1M | 18.6M | 53.0M | 44.5M | 18,300 | 17,200 | 16,100 | 15,000 | 13,800 | 12,700 | 11,600 |
| Equity Attributable | 952.0M | 1.1B | 1.1B | 1.1B | 1.0B | 581.0M | 533.0M | 483.0M | 452.0M | 265.0M | 231.0M | 197.0M | 162.0M | 105.0M |
| Total Equity | 964.0M | 1.1B | 1.1B | 1.1B | 1.1B | 634.0M | 578.0M | 483.0M | 452.0M | 265.0M | 231.0M | 197.0M | 162.0M | 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 | 1.1B | 1.0B | 1.1B | 1.0B | 708.0M | 598.0M | 520.0M | 338.0M | 317.0M | 295.0M | 208.0M | 189.0M | 129.0M | 121.0M |
| Tax Refunds Received | -- | 32,000 | 2.9M | 7.5M | 973,000 | 2.2M | 861,200 | -- | -- | -- | 193,400 | -- | 239,300 | -- |
| Total Operating Cash Inflow | 1.2B | 1.4B | 1.3B | 1.0B | 715.0M | 606.0M | 548.0M | 348.0M | 319.0M | 299.0M | 209.0M | 189.0M | 130.0M | 122.0M |
| Cash Paid For Goods | 516.0M | 900.0M | 710.0M | 714.0M | 441.0M | 415.0M | 306.0M | 248.0M | 194.0M | 184.0M | 115.0M | 94.5M | 91.0M | 52.8M |
| Cash Paid To Employees | 595.0M | 296.0M | 248.0M | 114.0M | 107.0M | 117.0M | 89.8M | 62.4M | 59.5M | 56.4M | 56.5M | 56.5M | 50.7M | 35.1M |
| Taxes Paid | 46.6M | 38.8M | 49.8M | 30.6M | 20.8M | 32.2M | 21.5M | 14.8M | 18.2M | 20.2M | 12.3M | 10.9M | 11.1M | 9.4M |
| Total Operating Cash Outflow | 1.2B | 1.3B | 1.2B | 981.0M | 670.0M | 627.0M | 487.0M | 365.0M | 313.0M | 285.0M | 203.0M | 178.0M | 165.0M | 113.0M |
| Operating Cash Flow | -25.5M | 62.6M | 121.0M | 53.0M | 45.2M | -21.1M | 60.8M | -17.3M | 5.9M | 14.6M | 6.4M | 11.3M | -35.3M | 8.8M |
| Total Investing Cash Inflow | 255.0M | 6.3M | 40.9M | 6.2M | 50,800 | 11,200 | 9,200 | 20.2M | 14,000 | 16,000 | 367,100 | 45,500 | 65,100 | 255,800 |
| Total Investing Cash Outflow | 187.0M | 83.2M | 198.0M | 209.0M | 203.0M | 252.0M | 46.0M | 81.4M | 24.8M | 8.0M | 7.8M | 7.6M | 9.0M | 8.1M |
| Investing Cash Flow | 67.1M | -76.9M | -157.0M | -202.0M | -203.0M | -252.0M | -46.0M | -61.2M | -24.8M | -8.0M | -7.5M | -7.6M | -9.0M | -7.8M |
| Cash From Borrowings | 794.0M | 686.0M | 634.0M | 640.0M | 494.0M | 334.0M | 91.5M | 30.0M | 73.0M | 64.8M | 68.6M | 26.7M | 30.6M | 16.0M |
| Dividends And Interest Paid | 37.2M | 44.6M | 49.2M | 64.6M | 21.1M | 22.1M | 11.0M | 8.6M | 3.1M | 4.1M | 3.1M | 1.5M | 1.2M | 534,000 |
| Debt Repayments | 835.0M | 583.0M | 607.0M | 374.0M | 412.0M | 99.4M | 35.5M | 43.6M | 86.2M | 54.8M | 47.5M | 22.8M | 15.8M | 19.0M |
| Total Financing Cash Inflow | 985.0M | 718.0M | 763.0M | 677.0M | 938.0M | 334.0M | 91.9M | 30.0M | 226.0M | 64.8M | 68.6M | 26.7M | 55.6M | 62.7M |
| Total Financing Cash Outflow | 1.1B | 783.0M | 739.0M | 549.0M | 433.0M | 121.0M | 46.5M | 52.2M | 89.3M | 58.9M | 50.5M | 24.3M | 17.0M | 19.5M |
| Financing Cash Flow | -109.0M | -64.4M | 23.9M | 128.0M | 505.0M | 213.0M | 45.5M | -22.2M | 136.0M | 5.9M | 18.1M | 2.4M | 38.6M | 43.2M |
| Net Change In Cash | -67.4M | -78.6M | -13.0M | -22.8M | 347.0M | -59.1M | 60.0M | -101.0M | 118.0M | 11.0M | 17.1M | 5.9M | -5.6M | 44.0M |
| Ending Cash Balance | 256.0M | 323.0M | 402.0M | 415.0M | 438.0M | 90.4M | 150.0M | 89.6M | 191.0M | 73.1M | 62.1M | 45.0M | 39.1M | 44.7M |
| Capex | 67.5M | 82.1M | 70.5M | 93.4M | 99.9M | 43.2M | 30.8M | 61.4M | 24.8M | 8.0M | 7.8M | 7.6M | 9.0M | 7.9M |