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 | 436.0M | 681.0M | 876.0M | 1.0B | 960.0M | 924.0M | 842.0M | 697.0M | 637.0M | 626.0M | 643.0M | 621.0M | 465.0M | 363.0M |
| Revenue Growth % | -36.0% | -22.3% | -14.6% | 6.9% | 3.9% | 9.7% | 20.8% | 9.4% | 1.8% | -2.6% | 3.5% | 33.5% | 28.1% | -- |
| Total Revenue | 436.0M | 681.0M | 876.0M | 1.0B | 960.0M | 924.0M | 842.0M | 697.0M | 637.0M | 626.0M | 643.0M | 621.0M | 465.0M | 363.0M |
| Cost Of Revenue | 311.0M | 432.0M | 531.0M | 651.0M | 621.0M | 594.0M | 548.0M | 451.0M | 414.0M | 438.0M | 480.0M | 433.0M | 321.0M | 243.0M |
| Gross Profit | 125.0M | 249.0M | 345.0M | 375.0M | 339.0M | 330.0M | 294.0M | 246.0M | 223.0M | 188.0M | 163.0M | 188.0M | 144.0M | 120.0M |
| Gross Margin % | 28.7% | 36.6% | 39.4% | 36.5% | 35.3% | 35.7% | 34.9% | 35.3% | 35.0% | 30.0% | 25.3% | 30.3% | 31.0% | 33.1% |
| Total Operating Cost | 469.0M | 643.0M | 775.0M | 907.0M | 875.0M | 815.0M | 733.0M | 612.0M | 558.0M | 528.0M | 573.0M | 519.0M | 397.0M | 312.0M |
| Selling Expenses | 12.5M | 20.8M | 24.8M | 33.4M | 34.6M | 29.0M | 23.6M | 18.3M | 17.2M | 11.9M | 14.2M | 14.1M | 9.7M | 5.5M |
| Admin Expenses | 59.4M | 85.0M | 107.0M | 118.0M | 132.0M | 136.0M | 102.0M | 87.8M | 83.6M | 60.1M | 61.2M | 60.8M | 41.6M | 37.0M |
| Rd Expenses | 29.0M | 45.9M | 51.9M | 58.8M | 48.8M | 40.1M | 37.2M | 31.1M | 30.6M | -- | -- | -- | -- | -- |
| Finance Expenses | -2.3M | -2.9M | 3.9M | 4.6M | 3.0M | 2.8M | 4.4M | 5.0M | 6.3M | 9.8M | 9.3M | 3.2M | 2.8M | 3.7M |
| Operating Income | 40.4M | 91.0M | 168.0M | 189.0M | 153.0M | 159.0M | 133.0M | 90.7M | 79.9M | 98.3M | 70.0M | 102.0M | 68.5M | 50.7M |
| Operating Margin % | 9.3% | 13.4% | 19.2% | 18.4% | 15.9% | 17.2% | 15.8% | 13.0% | 12.5% | 15.7% | 10.9% | 16.4% | 14.7% | 14.0% |
| Non Operating Income | -- | 200,100 | 34,900 | 36,400 | 13,400 | 2.2M | 17,200 | 37,500 | 9.3M | 10.2M | 9.2M | 9.5M | 754,100 | 395,300 |
| Non Operating Expenses | 7.9M | 2.0M | 1.3M | 524,300 | 40,800 | 2.2M | 570,200 | 551,400 | 581,900 | 221,600 | 399,400 | 230,900 | 378,200 | 231,400 |
| Investment Income | 14.5M | 16.7M | 2.1M | 16.0M | 21.5M | 9.1M | 1.7M | 268,300 | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 1.6M | 1.6M | 16.6M | 9.8M | 959,800 | 109,500 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 35.7M | 1.6M | 358,200 | 13,000 | -26,700 | 6,100 | 11,000 | 75,100 | 1.0M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 46.1M | 27.6M | 22.9M | 9.5M | 19.4M | -- | 8.3M | 11.6M | 1.1M | 3.5M | 4.3M | 1.1M | 2.2M | 2.7M |
| Other Income | 21.6M | 33.4M | 47.5M | 44.0M | 44.9M | 40.5M | 22.2M | 5.8M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 32.6M | 89.3M | 166.0M | 189.0M | 153.0M | 159.0M | 132.0M | 90.2M | 88.6M | 108.0M | 78.9M | 111.0M | 68.9M | 50.9M |
| Income Tax | 1.6M | 6.3M | 16.7M | 17.3M | 14.3M | 16.2M | 12.9M | 11.6M | 18.0M | 27.6M | 20.4M | 28.7M | 19.3M | 14.5M |
| Net Income | 31.0M | 83.0M | 150.0M | 171.0M | 138.0M | 143.0M | 120.0M | 78.6M | 70.7M | 80.7M | 58.5M | 82.4M | 49.6M | 36.3M |
| Net Margin % | 7.1% | 12.2% | 17.1% | 16.7% | 14.4% | 15.5% | 14.3% | 11.3% | 11.1% | 12.9% | 9.1% | 13.3% | 10.7% | 10.0% |
| Net Income Attributable | 31.0M | 83.0M | 150.0M | 171.0M | 138.0M | 143.0M | 120.0M | 78.6M | 70.7M | 80.7M | 58.5M | 82.4M | 49.6M | 36.3M |
| Eps Basic | 0.19 | 0.51 | 0.93 | 1.07 | 1.38 | 1.85 | 1.59 | 1.05 | 0.94 | 1.08 | 0.78 | 1.10 | 0.66 | 0.48 |
| Eps Diluted | 0.19 | 0.50 | 0.91 | 1.07 | 1.38 | 1.85 | 1.59 | 1.05 | 0.94 | 1.08 | 0.78 | 1.10 | 0.66 | 0.48 |
| 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 | 473.0M | 477.0M | 449.0M | 617.0M | 637.0M | 420.0M | 298.0M | 383.0M | 289.0M | 238.0M | 171.0M | 176.0M | 134.0M | 104.0M |
| Trading Financial Assets | 560.0M | 609.0M | 667.0M | 535.0M | 590.0M | 670.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 101.0M | 139.0M | 179.0M | 149.0M | 81.9M | 251.0M | 199.0M | 174.0M | 189.0M | 73.7M | 68.3M | 31.8M | 29.5M | 17.4M |
| Notes Receivable | 1.4M | 2.0M | 14.8M | 39.4M | 99.9M | 62.2M | 18.1M | 14.0M | 8.7M | 5.6M | 3.9M | -- | 2.5M | 3.5M |
| Notes And Accounts Receivable | 102.0M | 141.0M | 194.0M | 189.0M | 182.0M | 313.0M | 217.0M | 188.0M | 198.0M | 79.3M | 72.2M | 31.8M | 32.0M | 20.9M |
| Prepayments | 297,700 | 473,500 | 941,600 | 941,200 | 1.9M | 1.1M | 2.1M | 861,100 | 144,700 | 1.5M | 194,000 | 167,500 | 167,100 | 128,400 |
| Total Current Assets | 1.4B | 1.5B | 1.6B | 1.6B | 1.6B | 1.4B | 736.0M | 581.0M | 493.0M | 324.0M | 248.0M | 213.0M | 171.0M | 130.0M |
| Fixed Assets | -- | 199.0M | 199.0M | 229.0M | 240.0M | 218.0M | 234.0M | -- | -- | 300.0M | 292.0M | 295.0M | 161.0M | 126.0M |
| Fixed Assets Total | 120.0M | 199.0M | 199.0M | 229.0M | 240.0M | 218.0M | 234.0M | 252.0M | 271.0M | 300.0M | 292.0M | 295.0M | 161.0M | 126.0M |
| Construction In Progress | -- | -- | -- | -- | -- | -- | -- | -- | -- | 655,700 | 13.4M | 5.7M | -- | 24.7M |
| Construction In Progress Total | -- | -- | -- | -- | -- | -- | -- | -- | -- | 655,700 | 13.4M | 5.7M | -- | 24.7M |
| Intangible Assets | 9.6M | 9.8M | 11.2M | 11.2M | 8.9M | 8.4M | 5.7M | 5.9M | 4.7M | 6.1M | 6.7M | 3.9M | 4.8M | 2.3M |
| Long Term Deferred Expenses | 3.2M | 3.9M | 6.1M | 6.7M | 2.8M | 1.7M | 2.7M | 2.6M | 4.0M | 7.0M | 9.6M | 7.4M | 6.3M | 5.2M |
| Total Non Current Assets | 315.0M | 368.0M | 377.0M | 398.0M | 274.0M | 270.0M | 255.0M | 273.0M | 294.0M | 325.0M | 327.0M | 316.0M | 173.0M | 159.0M |
| Total Assets | 1.7B | 1.9B | 2.0B | 2.0B | 1.9B | 1.7B | 992.0M | 854.0M | 787.0M | 649.0M | 575.0M | 529.0M | 344.0M | 289.0M |
| Short Term Borrowings | 200,000 | 96,900 | -- | -- | 2.3M | -- | 30.0M | 70.0M | 101.0M | 110.0M | 85.5M | 40.0M | -- | 11.0M |
| Accounts Payable | 73.5M | 92.5M | 73.8M | 63.0M | 51.1M | 42.2M | 32.4M | 25.7M | 22.3M | 11.3M | 14.4M | 9.3M | 5.9M | 2.3M |
| Advance Receipts | 956,200 | 762,900 | -- | -- | -- | 306.0M | 264.0M | 218.0M | 205.0M | 17.7M | 13.2M | 14.2M | 9.1M | 11.1M |
| Contract Liabilities | 216.0M | 262.0M | 292.0M | 318.0M | 329.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 369.0M | 512.0M | 603.0M | 691.0M | 733.0M | 641.0M | 570.0M | 522.0M | 500.0M | 258.0M | 257.0M | 196.0M | 95.9M | 80.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 8.2M | 16.5M | 26.2M | 54.4M | 23.9M | 34.8M |
| Total Non Current Liabilities | 7.8M | 14.3M | 32.9M | 41.6M | 2.7M | 3.8M | 4.4M | 4.9M | 16.0M | 20.0M | 28.1M | 56.1M | 23.9M | 34.8M |
| Total Liabilities | 377.0M | 527.0M | 636.0M | 733.0M | 736.0M | 645.0M | 575.0M | 527.0M | 516.0M | 278.0M | 285.0M | 253.0M | 120.0M | 115.0M |
| Paid In Capital | 163.0M | 164.0M | 164.0M | 103.0M | 100.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 552.0M | 569.0M | 569.0M | 624.0M | 585.0M | 585.0M | 98.9M | 98.9M | 98.9M | 98.9M | 98.9M | 98.9M | 98.9M | 98.9M |
| Surplus Reserve | 81.3M | 78.5M | 71.1M | 56.3M | 56.3M | 56.3M | 42.3M | 30.4M | 22.6M | 26.9M | 19.1M | 13.3M | 5.1M | 34,700 |
| Retained Earnings | 519.0M | 569.0M | 595.0M | 522.0M | 402.0M | 298.0M | 201.0M | 123.0M | 74.8M | 170.0M | 97.0M | 89.2M | 45.1M | 458,200 |
| Equity Attributable | 1.3B | 1.4B | 1.4B | 1.3B | 1.1B | 1.0B | 417.0M | 327.0M | 271.0M | 371.0M | 290.0M | 276.0M | 224.0M | 174.0M |
| Total Equity | 1.3B | 1.4B | 1.4B | 1.3B | 1.1B | 1.0B | 417.0M | 327.0M | 271.0M | 371.0M | 290.0M | 276.0M | 224.0M | 174.0M |
| 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 | 468.0M | 655.0M | 812.0M | 975.0M | 976.0M | 916.0M | 898.0M | 746.0M | 669.0M | 650.0M | 633.0M | 656.0M | 458.0M | 355.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- | -- | -- | -- | -- | 533,100 | 213,700 | 22,700 | -- | 1.3M |
| Total Operating Cash Inflow | 509.0M | 697.0M | 872.0M | 1.0B | 1.0B | 964.0M | 927.0M | 753.0M | 685.0M | 665.0M | 643.0M | 670.0M | 459.0M | 357.0M |
| Cash Paid For Goods | 101.0M | 111.0M | 98.3M | 114.0M | 119.0M | 115.0M | 121.0M | 79.1M | 79.0M | 80.0M | 78.8M | 72.7M | 53.8M | 51.7M |
| Cash Paid To Employees | 338.0M | 455.0M | 597.0M | 739.0M | 614.0M | 564.0M | 474.0M | 412.0M | 370.0M | 396.0M | 415.0M | 346.0M | 272.0M | 201.0M |
| Taxes Paid | 32.6M | 51.8M | 68.7M | 82.8M | 72.0M | 71.9M | 78.0M | 53.7M | 75.1M | 61.9M | 63.7M | 64.1M | 38.2M | 31.5M |
| Total Operating Cash Outflow | 500.0M | 654.0M | 809.0M | 985.0M | 853.0M | 807.0M | 719.0M | 584.0M | 563.0M | 565.0M | 583.0M | 504.0M | 380.0M | 295.0M |
| Operating Cash Flow | 9.0M | 42.3M | 62.6M | 41.9M | 176.0M | 157.0M | 208.0M | 169.0M | 122.0M | 100.0M | 60.5M | 166.0M | 78.7M | 62.8M |
| Total Investing Cash Inflow | 1.3B | 1.4B | 1.2B | 1.5B | 1.7B | 599.0M | 152.0M | 55.4M | 7.3M | 231,900 | 55,800 | 24,000 | 12,000 | -- |
| Total Investing Cash Outflow | 1.2B | 1.3B | 1.4B | 1.5B | 1.7B | 1.1B | 367.0M | 63.0M | 5.4M | 29.2M | 39.0M | 161.0M | 24.7M | 99.5M |
| Investing Cash Flow | 90.5M | 90.7M | -162.0M | -34.4M | 77.5M | -490.0M | -214.0M | -7.6M | 1.9M | -29.0M | -39.0M | -161.0M | -24.7M | -99.5M |
| Cash From Borrowings | 192,500 | 94,900 | -- | 580,900 | 2.2M | -- | 30.0M | 110.0M | 100.0M | 110.0M | 90.0M | 91.3M | 11.0M | 76.8M |
| Dividends And Interest Paid | 81.4M | 101.0M | 60.0M | 50.0M | 35.0M | 30.5M | 31.1M | 24.0M | 58.3M | 14.3M | 47.5M | 33.8M | 3.2M | 44.6M |
| Debt Repayments | -- | -- | -- | -- | -- | 30.0M | 78.2M | 148.0M | 118.0M | 101.0M | 69.2M | 20.8M | 32.8M | 20.3M |
| Total Financing Cash Inflow | 2.4M | 2.7M | 3.8M | 39.9M | 3.0M | 529.0M | 30.0M | 110.0M | 100.0M | 110.0M | 90.0M | 91.3M | 11.0M | 193.0M |
| Total Financing Cash Outflow | 101.0M | 111.0M | 74.9M | 67.2M | 36.3M | 76.2M | 109.0M | 172.0M | 177.0M | 116.0M | 117.0M | 54.6M | 36.0M | 64.9M |
| Financing Cash Flow | -98.8M | -108.0M | -71.0M | -27.4M | -33.2M | 452.0M | -79.3M | -62.2M | -76.5M | -6.1M | -26.7M | 36.6M | -25.0M | 128.0M |
| Net Change In Cash | 681,700 | 25.1M | -171.0M | -19.9M | 220.0M | 120.0M | -85.8M | 99.4M | 47.7M | 65.2M | -5.2M | 42.0M | 29.0M | 90.9M |
| Ending Cash Balance | 470.0M | 469.0M | 444.0M | 614.0M | 634.0M | 414.0M | 295.0M | 380.0M | 281.0M | 235.0M | 170.0M | 175.0M | 133.0M | 104.0M |
| Capex | 10.6M | 17.8M | 37.3M | 45.8M | 25.3M | 39.2M | 6.8M | 8.0M | 5.4M | 25.6M | 39.0M | 158.0M | 24.7M | 99.5M |