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 | 1.1B | 972.0M | 1.1B | 1.0B | 858.0M | 794.0M | 668.0M | 520.0M | 446.0M | 373.0M | 310.0M | 269.0M | 211.0M | 162.0M |
| Revenue Growth % | 15.4% | -11.6% | 7.1% | 19.6% | 8.1% | 18.9% | 28.5% | 16.6% | 19.6% | 20.3% | 15.2% | 27.5% | 30.2% | -- |
| Total Revenue | 1.1B | 972.0M | 1.1B | 1.0B | 858.0M | 794.0M | 668.0M | 520.0M | 446.0M | 373.0M | 310.0M | 269.0M | 211.0M | 162.0M |
| Cost Of Revenue | 591.0M | 523.0M | 499.0M | 447.0M | 352.0M | 315.0M | 276.0M | 217.0M | 185.0M | 163.0M | 126.0M | 109.0M | 83.7M | 54.2M |
| Gross Profit | 531.0M | 449.0M | 600.0M | 579.0M | 506.0M | 479.0M | 392.0M | 303.0M | 261.0M | 210.0M | 184.0M | 160.0M | 127.3M | 107.8M |
| Gross Margin % | 47.3% | 46.2% | 54.6% | 56.4% | 59.0% | 60.3% | 58.7% | 58.3% | 58.5% | 56.3% | 59.4% | 59.5% | 60.3% | 66.5% |
| Total Operating Cost | 1.1B | 1.1B | 1.0B | 922.0M | 770.0M | 711.0M | 587.0M | 453.0M | 383.0M | 328.0M | 265.0M | 224.0M | 189.0M | 132.0M |
| Selling Expenses | 181.0M | 176.0M | 140.0M | 157.0M | 135.0M | 112.0M | 103.0M | 83.6M | 68.4M | 61.4M | 50.0M | 48.8M | 44.9M | 33.3M |
| Admin Expenses | 121.0M | 117.0M | 110.0M | 109.0M | 104.0M | 112.0M | 107.0M | 86.6M | 116.0M | 97.0M | 84.2M | 63.6M | 50.7M | 36.3M |
| Rd Expenses | 210.0M | 227.0M | 214.0M | 185.0M | 161.0M | 142.0M | 84.0M | 53.7M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 1.0M | -641,400 | -1.5M | -1.9M | -4.2M | -1.8M | -2.8M | -3.4M | -1.6M | -2.9M | -1.9M | -1.7M | -613,700 | -296,800 |
| Operating Income | 11.4M | -77.2M | 108.0M | 132.0M | 117.0M | 110.0M | 98.9M | 96.2M | 62.7M | 45.1M | 44.8M | 45.5M | 22.0M | 30.3M |
| Operating Margin % | 1.0% | -7.9% | 9.8% | 12.9% | 13.6% | 13.9% | 14.8% | 18.5% | 14.1% | 12.1% | 14.5% | 16.9% | 10.4% | 18.7% |
| Non Operating Income | -- | -- | -- | -- | -- | -- | -- | -- | 9.1M | 10.4M | 7.2M | 6.4M | 4.5M | 1.9M |
| Non Operating Expenses | -- | 46,300 | 10,200 | 299,700 | 1.2M | 60,900 | -- | 50,000 | 7,200 | 1.2M | -- | 107,400 | 21,800 | 40,700 |
| Investment Income | 15.2M | 11.2M | 5.4M | 7.8M | 6.9M | 8.5M | 4.5M | 15.9M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -21,400 | 63,900 | 113,600 | -27,300 | -2,700 | -106,100 | -15,500 | -21,800 | 181,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.1M | -1.2M | 1.8M | -305,300 | 2.9M | -- | 16.0M | 12.4M | 10.9M | 6.9M | 4.0M | 2.0M | 3.9M | 2.1M |
| Other Income | 11.6M | 10.6M | 12.4M | 20.3M | 21.8M | 19.1M | 14.2M | 13.7M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 11.4M | -77.2M | 108.0M | 132.0M | 116.0M | 110.0M | 98.9M | 96.1M | 71.8M | 54.4M | 52.0M | 51.8M | 26.5M | 32.2M |
| Income Tax | 820,300 | -29.8M | 4.4M | 14.1M | 11.6M | 11.7M | 12.5M | 13.0M | 14.3M | 7.2M | 7.7M | 10.1M | 8.1M | 6.1M |
| Net Income | 10.6M | -47.5M | 103.0M | 118.0M | 104.0M | 98.5M | 86.5M | 83.1M | 57.6M | 47.2M | 44.3M | 41.7M | 18.4M | 26.1M |
| Net Margin % | 0.9% | -4.9% | 9.4% | 11.5% | 12.1% | 12.4% | 12.9% | 16.0% | 12.9% | 12.7% | 14.3% | 15.5% | 8.7% | 16.1% |
| Net Income Attributable | 12.6M | -47.2M | 101.0M | 116.0M | 103.0M | 98.5M | 86.5M | 84.2M | 60.0M | 47.8M | 44.3M | 41.7M | 18.4M | 26.1M |
| Minority Interest | -2.0M | -289,100 | 1.8M | 1.7M | 1.2M | -- | -- | -1.1M | -2.4M | -580,900 | -- | -- | -- | -- |
| Eps Basic | 0.05 | -0.17 | 0.38 | 0.43 | 0.57 | 0.55 | 0.48 | 0.70 | 1.00 | 0.80 | 0.74 | 0.70 | 0.31 | 0.56 |
| Eps Diluted | 0.05 | -0.17 | 0.38 | 0.43 | 0.57 | 0.55 | 0.48 | 0.70 | 1.00 | 0.80 | -- | -- | 0.31 | 0.56 |
| 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 | 352.0M | 400.0M | 376.0M | 457.0M | 720.0M | 660.0M | 676.0M | 483.0M | 485.0M | 231.0M | 209.0M | 151.0M | 134.0M | 98.7M |
| Trading Financial Assets | 140.0M | 100.0M | 150.0M | 169.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 482.0M | 455.0M | 499.0M | 360.0M | 293.0M | 270.0M | 179.0M | 142.0M | 133.0M | 106.0M | 82.0M | 77.9M | 57.1M | 40.0M |
| Notes Receivable | 8.0M | 1.8M | 355,000 | 453,900 | 477,900 | 994,000 | 368,300 | 1.0M | 500,000 | -- | 250,000 | -- | -- | -- |
| Notes And Accounts Receivable | 490.0M | 456.0M | 499.0M | 361.0M | 293.0M | 271.0M | 179.0M | 143.0M | 133.0M | 106.0M | 82.3M | 77.9M | 57.1M | 40.0M |
| Prepayments | 20.3M | 22.5M | 32.0M | 29.8M | 38.5M | 21.5M | 33.2M | 44.1M | 10.5M | 9.8M | 8.4M | 8.1M | 3.3M | 1.1M |
| Inventory | 136.0M | 149.0M | 175.0M | 261.0M | 208.0M | 178.0M | 124.0M | 72.9M | 43.1M | 39.7M | 37.5M | 27.5M | 25.5M | 18.3M |
| Total Current Assets | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.2B | 1.0B | 871.0M | 695.0M | 409.0M | 357.0M | 276.0M | 227.0M | 164.0M |
| Long Term Equity Investment | 50.2M | 38.2M | 26.0M | 23.6M | 20.7M | 16.3M | 16.4M | 11.2M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 153.0M | 35.1M | 29.5M | 25.8M | 27.7M | 21.1M | 16.3M | 16.6M | 14.9M | 14.9M | 14.0M | 10.2M | 8.3M |
| Fixed Assets Total | 157.0M | 153.0M | 35.1M | 29.5M | 25.8M | 27.7M | 21.1M | 16.3M | 16.6M | 14.9M | 14.9M | 14.0M | 10.2M | 8.3M |
| Construction In Progress | -- | -- | 107.0M | 88.7M | 65.1M | 55.1M | 283,000 | -- | -- | -- | -- | 301,200 | -- | -- |
| Construction In Progress Total | -- | -- | 107.0M | 88.7M | 65.1M | 55.1M | 283,000 | -- | -- | -- | -- | 301,200 | -- | -- |
| Intangible Assets | 21.9M | 19.8M | 20.8M | 15.4M | 9.8M | 10.2M | 9.9M | 5.2M | 2.1M | 2.3M | 2.5M | 2.6M | 3.3M | 2.5M |
| Long Term Deferred Expenses | 19,900 | 41,300 | -- | -- | 190,900 | 1.1M | 253,400 | -- | 13,600 | 532,500 | 1.7M | 1.9M | 2.5M | 3.5M |
| Total Non Current Assets | 332.0M | 326.0M | 287.0M | 270.0M | 158.0M | 147.0M | 82.2M | 60.3M | 45.7M | 37.7M | 32.4M | 30.4M | 25.2M | 16.1M |
| Total Assets | 1.5B | 1.5B | 1.6B | 1.6B | 1.5B | 1.3B | 1.1B | 931.0M | 741.0M | 447.0M | 389.0M | 306.0M | 253.0M | 180.0M |
| Short Term Borrowings | 10.0M | 10.0M | 10.0M | 10.0M | 5.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 192.0M | 132.0M | 128.0M | 112.0M | 131.0M | 107.0M | 78.2M | 76.8M | 38.7M | 27.8M | 32.1M | 30.5M | 23.1M | 14.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 388.0M | 302.0M | 194.0M | 117.0M | 123.0M | 115.0M | 74.7M | 73.6M | 21.5M |
| Contract Liabilities | 278.0M | 258.0M | 292.0M | 402.0M | 431.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 620.0M | 572.0M | 600.0M | 712.0M | 724.0M | 622.0M | 500.0M | 372.0M | 246.0M | 224.0M | 201.0M | 152.0M | 127.0M | 50.5M |
| Total Non Current Liabilities | 11.5M | 24.7M | 31.4M | 42.3M | 9.7M | 13.3M | 13.3M | 13.6M | 10.7M | 12.6M | 12.6M | 10.0M | 13.4M | 8.4M |
| Total Liabilities | 632.0M | 597.0M | 632.0M | 754.0M | 733.0M | 635.0M | 513.0M | 386.0M | 256.0M | 236.0M | 214.0M | 162.0M | 140.0M | 58.9M |
| Paid In Capital | 270.0M | 270.0M | 270.0M | 180.0M | 180.0M | 180.0M | 120.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 68.8M | 81.3M | 58.8M | 148.0M | 148.0M | 147.0M | 207.0M | 242.0M | 242.0M | 33.5M | 33.5M | 33.5M | 33.5M | 33.5M |
| Surplus Reserve | 63.3M | 63.2M | 63.2M | 56.6M | 47.8M | 40.7M | 32.2M | 24.7M | 19.1M | 14.3M | 9.8M | 5.7M | 1.7M | 2.6M |
| Retained Earnings | 502.0M | 489.0M | 546.0M | 469.0M | 380.0M | 312.0M | 253.0M | 198.0M | 144.0M | 101.0M | 71.8M | 44.9M | 17.3M | 24.7M |
| Minority Equity | 8.1M | 10.4M | 9.3M | 8.0M | 4.6M | 2.1M | -- | -- | -535,000 | 1.9M | -- | -- | -- | -- |
| Equity Attributable | 904.0M | 904.0M | 938.0M | 853.0M | 755.0M | 680.0M | 612.0M | 545.0M | 485.0M | 209.0M | 175.0M | 144.0M | 112.0M | 121.0M |
| Total Equity | 912.0M | 914.0M | 947.0M | 861.0M | 760.0M | 682.0M | 612.0M | 545.0M | 485.0M | 211.0M | 175.0M | 144.0M | 112.0M | 121.0M |
| 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 | 1.1B | 907.0M | 1.0B | 929.0M | 824.0M | 793.0M | 631.0M | 447.0M | 391.0M | 377.0M | 276.0M | 228.0M | 168.0M |
| Tax Refunds Received | 5.9M | 5.2M | 10.2M | 10.1M | 9.7M | 10.9M | 8.2M | 8.3M | 6.6M | 7.4M | 2.9M | 3.6M | 2.9M | 882,300 |
| Total Operating Cash Inflow | 1.1B | 1.1B | 944.0M | 1.0B | 954.0M | 849.0M | 817.0M | 654.0M | 456.0M | 409.0M | 384.0M | 283.0M | 232.0M | 172.0M |
| Cash Paid For Goods | 395.0M | 344.0M | 286.0M | 411.0M | 326.0M | 283.0M | 277.0M | 212.0M | 149.0M | 141.0M | 107.0M | 84.3M | 71.5M | 59.0M |
| Cash Paid To Employees | 543.0M | 521.0M | 506.0M | 442.0M | 390.0M | 347.0M | 259.0M | 196.0M | 167.0M | 135.0M | 117.0M | 89.6M | 69.1M | 56.3M |
| Taxes Paid | 68.6M | 73.1M | 63.2M | 66.1M | 61.5M | 58.3M | 67.0M | 58.4M | 42.9M | 29.7M | 34.7M | 24.6M | 17.8M | 13.7M |
| Total Operating Cash Outflow | 1.1B | 1.1B | 963.0M | 1.0B | 870.0M | 774.0M | 689.0M | 538.0M | 416.0M | 362.0M | 315.0M | 246.0M | 208.0M | 161.0M |
| Operating Cash Flow | 44.8M | 24.2M | -18.7M | 2.6M | 83.7M | 74.8M | 128.0M | 115.0M | 40.2M | 47.5M | 68.9M | 37.1M | 23.8M | 10.9M |
| Total Investing Cash Inflow | 118.0M | 174.0M | 222.0M | 55.0M | 226.0M | 289.0M | 406.0M | 52.8M | 293,100 | 2.5M | 5.7M | -- | 8.0M | 5.0M |
| Total Investing Cash Outflow | 186.0M | 152.0M | 234.0M | 289.0M | 239.0M | 357.0M | 322.0M | 158.0M | 9.9M | 7.7M | 7.5M | 9.5M | 7.0M | 5.6M |
| Investing Cash Flow | -67.9M | 22.0M | -12.0M | -234.0M | -13.1M | -68.8M | 84.3M | -105.0M | -9.6M | -5.2M | -1.8M | -9.5M | 1.0M | -636,700 |
| Cash From Borrowings | 10.0M | 10.0M | 10.0M | 10.0M | 5.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 716,800 | 10.0M | 18.7M | 18.7M | 18.4M | 24.0M | 24.0M | 24.0M | 12.6M | 13.8M | 13.2M | 10.2M | -- | -- |
| Debt Repayments | 10.0M | 10.0M | 10.0M | 5.0M | -- | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 10.0M | 20.2M | 12.8M | 10.0M | 5.0M | 7.1M | 0.00 | 1.8M | 240.0M | 2.5M | -- | -- | -- | 40.6M |
| Total Financing Cash Outflow | 34.2M | 46.5M | 51.5M | 45.0M | 18.4M | 24.0M | 24.0M | 24.0M | 17.0M | 13.8M | 13.2M | 10.2M | -- | -- |
| Financing Cash Flow | -24.2M | -26.4M | -38.7M | -35.0M | -13.4M | -16.9M | -24.0M | -22.2M | 223.0M | -11.3M | -13.2M | -10.2M | -- | 40.6M |
| Net Change In Cash | -47.4M | 19.8M | -69.3M | -267.0M | 57.2M | -10.9M | 188.0M | -11.7M | 254.0M | 31.0M | 53.9M | 17.4M | 24.8M | 50.8M |
| Ending Cash Balance | 337.0M | 384.0M | 365.0M | 434.0M | 700.0M | 643.0M | 654.0M | 466.0M | 478.0M | 224.0M | 193.0M | 139.0M | 121.0M | 96.5M |
| Capex | 31.7M | 31.8M | 29.7M | 70.1M | 15.6M | 77.4M | 19.0M | 7.6M | 9.9M | 7.7M | 7.5M | 9.5M | 7.0M | 5.6M |