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 | 1.7B | 1.9B | 2.4B | 1.9B | 1.5B | 1.3B | 584.0M | 464.0M | 418.0M | 347.0M | 325.0M | 309.0M | 260.0M | 224.0M |
| Revenue Growth % | -7.5% | -22.0% | 27.5% | 24.0% | 20.4% | 115.8% | 25.9% | 11.0% | 20.5% | 6.8% | 5.2% | 18.8% | 16.1% | -- |
| Total Revenue | 1.7B | 1.9B | 2.4B | 1.9B | 1.5B | 1.3B | 584.0M | 464.0M | 418.0M | 347.0M | 325.0M | 309.0M | 260.0M | 224.0M |
| Cost Of Revenue | 1.5B | 1.5B | 1.6B | 1.6B | 1.3B | 994.0M | 462.0M | 362.0M | 321.0M | 264.0M | 248.0M | 238.0M | 202.0M | 184.0M |
| Gross Profit | 243.0M | 402.0M | 808.0M | 329.0M | 221.0M | 266.0M | 122.0M | 102.0M | 97.0M | 83.0M | 77.0M | 71.0M | 58.0M | 40.0M |
| Gross Margin % | 14.0% | 21.5% | 33.7% | 17.5% | 14.6% | 21.1% | 20.9% | 22.0% | 23.2% | 23.9% | 23.7% | 23.0% | 22.3% | 17.9% |
| Total Operating Cost | 1.7B | 1.7B | 1.9B | 1.8B | 1.5B | 1.2B | 524.0M | 409.0M | 365.0M | 302.0M | 283.0M | 270.0M | 225.0M | 202.0M |
| Selling Expenses | 21.1M | 24.3M | 23.1M | 18.1M | 15.4M | 45.8M | 15.7M | 12.1M | 11.4M | 8.6M | 7.0M | 5.6M | 3.8M | 3.0M |
| Admin Expenses | 77.9M | 83.8M | 91.6M | 64.5M | 56.2M | 63.4M | 17.7M | 14.2M | 31.0M | 26.5M | 24.8M | 23.2M | 17.9M | 13.2M |
| Rd Expenses | 66.0M | 71.2M | 94.8M | 68.8M | 50.4M | 50.0M | 19.5M | 16.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 12.3M | 17.4M | 16.9M | 29.0M | 27.3M | 21.8M | 4.8M | 2.1M | -2.4M | 1.1M | 1.8M | 1.8M | 680,300 | 687,000 |
| Operating Income | 45.9M | 184.0M | 565.0M | 121.0M | 37.9M | 106.0M | 70.4M | 61.8M | 52.1M | 44.7M | 42.0M | 38.4M | 34.6M | 22.4M |
| Operating Margin % | 2.7% | 9.8% | 23.6% | 6.4% | 2.5% | 8.4% | 12.1% | 13.3% | 12.5% | 12.9% | 12.9% | 12.4% | 13.3% | 10.0% |
| Non Operating Income | 8.6M | 157,200 | 670,300 | 1.7M | 1.1M | 1.4M | 159,500 | 2.3M | 2.5M | 2.9M | 1.9M | 1.1M | 423,800 | 302,200 |
| Non Operating Expenses | 9.3M | 4.2M | 3.4M | 6.3M | 2.0M | 288,100 | 7,700 | 1.2M | 19,900 | 186,600 | 47,000 | 207,800 | 66,700 | 13,800 |
| Investment Income | 6.6M | 2.9M | 12.1M | 6.7M | -2.7M | 24.9M | 9.2M | 4.6M | -24,000 | -131,800 | -88,500 | -- | -- | -- |
| Fair Value Change Income | -4.4M | 12.6M | -653,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 278,800 | 240,900 | 465,500 | -12,300 | 134,100 | 15,800 | -2,900 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 20.2M | 36.3M | 6.8M | 34.5M | 28.7M | -- | 1.1M | 296,500 | 1.8M | 319,100 | -361,600 | 733,200 | 392,200 | 544,400 |
| Other Income | 14.8M | 17.6M | 7.2M | 7.3M | 5.7M | 2.9M | 1.5M | 2.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 45.3M | 180.0M | 562.0M | 116.0M | 37.0M | 107.0M | 70.6M | 62.9M | 54.6M | 47.5M | 43.8M | 39.3M | 35.0M | 22.7M |
| Income Tax | 6.7M | 14.5M | 61.8M | 10.9M | 6.0M | 5.7M | 7.3M | 8.3M | 7.3M | 6.3M | 5.7M | 5.1M | 4.5M | 2.8M |
| Net Income | 38.6M | 166.0M | 501.0M | 105.0M | 30.9M | 101.0M | 63.3M | 54.6M | 47.3M | 41.2M | 38.1M | 34.2M | 30.5M | 19.8M |
| Net Margin % | 2.2% | 8.9% | 20.9% | 5.6% | 2.0% | 8.0% | 10.8% | 11.8% | 11.3% | 11.9% | 11.7% | 11.1% | 11.7% | 8.9% |
| Net Income Attributable | 35.8M | 115.0M | 317.0M | 63.3M | 41.9M | 90.1M | 63.3M | 54.6M | 47.3M | 41.2M | 38.1M | 34.2M | 30.5M | 19.8M |
| Minority Interest | 2.7M | 50.8M | 184.0M | 41.8M | -11.0M | 11.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.05 | 0.16 | 0.47 | 0.13 | 0.09 | 0.20 | 0.26 | 0.23 | 0.66 | 0.57 | 0.53 | 0.50 | 0.45 | -- |
| Eps Diluted | 0.05 | 0.16 | 0.46 | 0.13 | 0.09 | 0.20 | 0.26 | 0.23 | 0.66 | 0.57 | 0.53 | 0.50 | 0.45 | -- |
| 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 | 331.0M | 391.0M | 444.0M | 325.0M | 196.0M | 237.0M | 168.0M | 159.0M | 308.0M | 88.9M | 59.4M | 44.5M | 50.2M | 34.4M |
| Accounts Receivable | 269.0M | 197.0M | 210.0M | 187.0M | 176.0M | 147.0M | 105.0M | 82.9M | 57.4M | 47.7M | 44.0M | 45.0M | 36.7M | 22.9M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 15.4M | 7.7M | 2.2M | 1.7M | 1.9M | 220,000 | 2.2M | 500,000 |
| Notes And Accounts Receivable | 269.0M | 197.0M | 210.0M | 187.0M | 176.0M | 147.0M | 120.0M | 90.6M | 59.6M | 49.4M | 45.9M | 45.2M | 38.9M | 23.4M |
| Prepayments | 45.7M | 21.0M | 30.2M | 32.6M | 15.4M | 21.5M | 6.9M | 10.5M | 15.9M | 5.9M | 984,700 | 2.7M | 6.7M | 1.4M |
| Inventory | 319.0M | 284.0M | 277.0M | 247.0M | 196.0M | 161.0M | 147.0M | 139.0M | 99.5M | 68.7M | 72.2M | 70.3M | 62.3M | 50.0M |
| Total Current Assets | 1.1B | 1.1B | 1.3B | 1.1B | 735.0M | 649.0M | 445.0M | 636.0M | 485.0M | 215.0M | 186.0M | 169.0M | 165.0M | 120.0M |
| Long Term Equity Investment | 236.0M | 184.0M | 121.0M | 95.6M | 91.4M | 75.6M | 170.0M | 633,600 | 655,700 | 679,700 | 811,500 | -- | -- | -- |
| Fixed Assets | -- | 1.2B | 1.2B | 666.0M | 698.0M | 521.0M | 106.0M | 116.0M | 122.0M | 113.0M | 62.9M | 60.4M | 18.1M | 19.0M |
| Fixed Assets Total | 1.2B | 1.2B | 1.2B | 666.0M | 698.0M | 521.0M | 106.0M | 116.0M | 122.0M | 113.0M | 62.9M | 60.4M | 18.1M | 19.0M |
| Construction In Progress | -- | 401.0M | 83.5M | 297.0M | 87.3M | 240.0M | 123.0M | 25.1M | 8.8M | 26.9M | 66.1M | 20.6M | 32.0M | 785,100 |
| Construction In Progress Total | 533.0M | 404.0M | 87.1M | 306.0M | 95.5M | 247.0M | 123.0M | 25.1M | 8.8M | 26.9M | 66.1M | 20.6M | 32.0M | 785,100 |
| Intangible Assets | 358.0M | 216.0M | 169.0M | 176.0M | 165.0M | 173.0M | 45.6M | 46.8M | 48.0M | 46.3M | 47.5M | 48.6M | 20.4M | 8.1M |
| Long Term Deferred Expenses | 18.9M | 15.6M | 8.1M | 9.7M | 9.5M | 13.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 2.5B | 2.4B | 1.7B | 1.4B | 1.2B | 1.2B | 497.0M | 201.0M | 184.0M | 188.0M | 186.0M | 148.0M | 77.5M | 29.6M |
| Total Assets | 3.6B | 3.4B | 3.0B | 2.5B | 1.9B | 1.8B | 942.0M | 837.0M | 668.0M | 404.0M | 372.0M | 317.0M | 242.0M | 150.0M |
| Short Term Borrowings | 285.0M | 330.0M | 162.0M | 160.0M | 166.0M | 311.0M | 160.0M | 100.0M | -- | -- | -- | -- | -- | 5.0M |
| Accounts Payable | 280.0M | 265.0M | 225.0M | 150.0M | 170.0M | 137.0M | 50.7M | 33.2M | 14.0M | 30.3M | 13.6M | 16.5M | 13.3M | 8.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 27.5M | 1.9M | 2.2M | 1.5M | 1.0M | 2.0M | 855,500 | 2.1M | 2.0M |
| Contract Liabilities | 45.1M | 16.2M | 44.7M | 37.9M | 15.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 758.0M | 747.0M | 616.0M | 577.0M | 562.0M | 632.0M | 329.0M | 240.0M | 107.0M | 75.7M | 74.6M | 64.7M | 42.7M | 35.6M |
| Long Term Borrowings | 368.0M | 230.0M | 186.0M | 143.0M | 188.0M | 233.0M | -- | -- | -- | 14.0M | 25.5M | 21.0M | 20.0M | -- |
| Total Non Current Liabilities | 565.0M | 319.0M | 468.0M | 393.0M | 421.0M | 269.0M | 7.9M | 7.6M | 8.8M | 23.0M | 33.8M | 26.7M | 20.0M | -- |
| Total Liabilities | 1.3B | 1.1B | 1.1B | 970.0M | 983.0M | 901.0M | 337.0M | 247.0M | 116.0M | 98.7M | 108.0M | 91.3M | 62.7M | 35.6M |
| Paid In Capital | 711.0M | 711.0M | 525.0M | 524.0M | 456.0M | 240.0M | 240.0M | 96.0M | 96.0M | 72.0M | 72.0M | 72.0M | 68.0M | 54.2M |
| Capital Reserve | 443.0M | 450.0M | 404.0M | 391.0M | 1.5M | 146.0M | 146.0M | 290.0M | 289.0M | 112.0M | 112.0M | 112.0M | 104.0M | 21.6M |
| Surplus Reserve | 109.0M | 101.0M | 81.0M | 47.5M | 41.8M | 35.4M | 28.6M | 22.3M | 16.8M | 12.1M | 8.0M | 4.2M | 743,300 | 3.9M |
| Retained Earnings | 649.0M | 656.0M | 561.0M | 277.0M | 220.0M | 274.0M | 190.0M | 181.0M | 151.0M | 109.0M | 71.7M | 37.5M | 6.7M | 34.8M |
| Minority Equity | 400.0M | 442.0M | 319.0M | 283.0M | 195.0M | 215.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 1.9B | 1.6B | 1.3B | 754.0M | 695.0M | 604.0M | 589.0M | 553.0M | 305.0M | 264.0M | 226.0M | 179.0M | 114.0M |
| Total Equity | 2.3B | 2.4B | 1.9B | 1.6B | 949.0M | 910.0M | 604.0M | 589.0M | 553.0M | 305.0M | 264.0M | 226.0M | 179.0M | 114.0M |
| 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 | 1.3B | 1.4B | 2.1B | 1.5B | 1.3B | 1.3B | 526.0M | 425.0M | 478.0M | 401.0M | 380.0M | 353.0M | 288.0M | 242.0M |
| Tax Refunds Received | 20.6M | 83.6M | 67,300 | 3.3M | 5.8M | 252,500 | -- | -- | -- | -- | -- | 9,500 | -- | 724,200 |
| Total Operating Cash Inflow | 1.5B | 1.5B | 2.1B | 1.5B | 1.3B | 1.3B | 531.0M | 428.0M | 481.0M | 403.0M | 382.0M | 354.0M | 289.0M | 243.0M |
| Cash Paid For Goods | 1.0B | 800.0M | 1.1B | 1.1B | 1.0B | 920.0M | 392.0M | 340.0M | 381.0M | 316.0M | 307.0M | 265.0M | 252.0M | 218.0M |
| Cash Paid To Employees | 158.0M | 170.0M | 155.0M | 122.0M | 107.0M | 91.2M | 20.3M | 17.4M | 17.0M | 14.4M | 11.4M | 10.7M | 6.8M | 3.7M |
| Taxes Paid | 68.5M | 101.0M | 208.0M | 66.1M | 35.2M | 40.4M | 23.1M | 21.6M | 16.9M | 12.7M | 14.8M | 15.1M | 13.7M | 7.7M |
| Total Operating Cash Outflow | 1.3B | 1.1B | 1.5B | 1.3B | 1.2B | 1.1B | 457.0M | 394.0M | 431.0M | 355.0M | 344.0M | 300.0M | 279.0M | 234.0M |
| Operating Cash Flow | 180.0M | 376.0M | 628.0M | 126.0M | 131.0M | 172.0M | 73.9M | 33.9M | 49.5M | 48.7M | 38.1M | 53.9M | 9.5M | 9.0M |
| Total Investing Cash Inflow | 91.0M | 406.0M | 572.0M | 368.0M | 81.4M | 70.3M | 513.0M | 870.0M | 1.1M | 6.8M | 6.7M | 5.8M | 6.0M | -- |
| Total Investing Cash Outflow | 356.0M | 1.0B | 972.0M | 743.0M | 248.0M | 608.0M | 583.0M | 1.1B | 12.3M | 12.3M | 43.8M | 76.3M | 39.2M | 21.0M |
| Investing Cash Flow | -265.0M | -626.0M | -400.0M | -375.0M | -166.0M | -537.0M | -70.0M | -257.0M | -11.2M | -5.5M | -37.1M | -70.5M | -33.2M | -21.0M |
| Cash From Borrowings | 567.0M | 435.0M | 391.0M | 127.0M | 468.0M | 693.0M | 160.0M | 100.0M | -- | -- | 21.9M | 4.0M | 22.9M | 26.2M |
| Dividends And Interest Paid | 98.5M | 137.0M | 198.0M | 51.5M | 54.1M | 23.3M | 55.5M | 19.7M | 684,500 | 2.2M | 2.1M | 1.7M | 791,000 | 520,600 |
| Debt Repayments | 437.0M | 234.0M | 337.0M | 216.0M | 456.0M | 245.0M | 100.0M | -- | 25.5M | 11.5M | 6.0M | 3.0M | 7.9M | 25.0M |
| Total Financing Cash Inflow | 575.0M | 659.0M | 480.0M | 745.0M | 526.0M | 701.0M | 162.0M | 103.0M | 208.0M | -- | 25.7M | 16.0M | 48.6M | 97.1M |
| Total Financing Cash Outflow | 550.0M | 416.0M | 587.0M | 406.0M | 527.0M | 278.0M | 156.0M | 32.6M | 44.7M | 14.2M | 8.1M | 7.4M | 8.7M | 68.8M |
| Financing Cash Flow | 25.1M | 243.0M | -107.0M | 339.0M | -679,500 | 423.0M | 6.4M | 70.5M | 163.0M | -14.2M | 17.7M | 8.6M | 39.9M | 28.3M |
| Net Change In Cash | -56.9M | -3.7M | 125.0M | 86.9M | -36.2M | 58.6M | 11.2M | -154.0M | 203.0M | 29.0M | 18.7M | -8.5M | 16.0M | 16.5M |
| Ending Cash Balance | 320.0M | 377.0M | 381.0M | 256.0M | 170.0M | 206.0M | 147.0M | 136.0M | 290.0M | 86.4M | 57.4M | 38.8M | 47.3M | 31.2M |
| Capex | 229.0M | 526.0M | 378.0M | 327.0M | 108.0M | 295.0M | 142.0M | 28.2M | 7.3M | 9.3M | 42.9M | 76.3M | 39.2M | 15.0M |