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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 872.0M | 870.0M | 834.0M | 904.0M | 737.0M | 860.0M | 788.0M | 740.0M | 685.0M | 614.0M | 596.0M | 551.0M | 488.0M |
| Revenue Growth % | 0.2% | 4.3% | -7.7% | 22.7% | -14.3% | 9.1% | 6.5% | 8.0% | 11.6% | 3.0% | 8.2% | 12.9% | -- |
| Total Revenue | 872.0M | 870.0M | 834.0M | 904.0M | 737.0M | 860.0M | 788.0M | 740.0M | 685.0M | 614.0M | 596.0M | 551.0M | 488.0M |
| Cost Of Revenue | 616.0M | 543.0M | 508.0M | 541.0M | 387.0M | 428.0M | 389.0M | 376.0M | 402.0M | 343.0M | 353.0M | 335.0M | 284.0M |
| Gross Profit | 256.0M | 327.0M | 326.0M | 363.0M | 350.0M | 432.0M | 399.0M | 364.0M | 283.0M | 271.0M | 243.0M | 216.0M | 204.0M |
| Gross Margin % | 29.4% | 37.6% | 39.1% | 40.2% | 47.5% | 50.2% | 50.6% | 49.2% | 41.3% | 44.1% | 40.8% | 39.2% | 41.8% |
| Total Operating Cost | 921.0M | 847.0M | 815.0M | 858.0M | 668.0M | 782.0M | 705.0M | 682.0M | 637.0M | 577.0M | 554.0M | 521.0M | 474.0M |
| Selling Expenses | 108.0M | 112.0M | 99.1M | 101.0M | 91.0M | 103.0M | 96.9M | 92.0M | 90.2M | 83.1M | 84.3M | 75.9M | 72.3M |
| Admin Expenses | 58.6M | 59.9M | 61.6M | 61.3M | 49.9M | 53.1M | 50.4M | 42.8M | 117.0M | 125.0M | 95.3M | 92.1M | 88.9M |
| Rd Expenses | 66.0M | 71.3M | 80.6M | 107.0M | 98.0M | 168.0M | 148.0M | 143.0M | -- | -- | -- | -- | -- |
| Finance Expenses | 25.0M | 28.4M | 32.8M | 33.4M | 32.6M | 18.4M | 8.1M | 7.0M | 12.1M | 12.5M | 9.6M | 9.3M | 7.6M |
| Operating Income | -58.0M | 24.9M | 16.9M | 63.4M | 76.4M | 87.6M | 93.2M | 65.1M | 49.0M | 37.7M | 42.5M | 29.5M | 14.4M |
| Operating Margin % | -6.6% | 2.9% | 2.0% | 7.0% | 10.4% | 10.2% | 11.8% | 8.8% | 7.1% | 6.1% | 7.1% | 5.4% | 3.0% |
| Non Operating Income | 179,200 | 389,600 | 536,600 | 773,200 | 1.2M | 3.3M | 3.7M | 6.5M | 11.9M | 14.6M | 14.6M | 13.9M | 8.6M |
| Non Operating Expenses | 1.2M | 143,200 | 244,300 | 377,500 | 132,600 | 880,100 | 1.6M | 118,300 | 75,600 | 63,300 | 21,800 | 22,500 | 7.0M |
| Investment Income | -6.9M | -3.4M | -5.2M | 8.5M | -1.7M | -435,000 | 1.8M | 1.5M | 170,300 | 277,500 | 701,400 | 167,000 | -- |
| Fair Value Change Income | -5.5M | -559,700 | -2.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 250,700 | -147,900 | 9,000 | -8,300 | -42,100 | -300.00 | 500.00 | -3,900 | -10,000 | -- | -- | -- | -- |
| Asset Impairment Loss | 14.5M | 11.4M | 20.2M | 7.1M | 5.8M | 6.4M | 6.7M | 14.2M | 10.0M | 9.0M | 9.0M | 6.1M | 18.0M |
| Other Income | 3.8M | 5.3M | 5.8M | 8.8M | 9.2M | 10.6M | 8.9M | 5.6M | -- | -- | -- | -- | -- |
| Income Before Tax | -59.0M | 25.1M | 17.1M | 63.8M | 77.5M | 90.0M | 95.4M | 71.5M | 60.8M | 52.3M | 57.1M | 43.4M | 16.0M |
| Income Tax | -5.2M | 4.9M | 3.7M | 3.6M | 7.4M | 1.7M | 9.1M | 6.0M | 5.3M | 4.9M | 6.1M | 4.2M | 1.1M |
| Net Income | -53.8M | 20.2M | 13.5M | 60.2M | 70.0M | 88.3M | 86.3M | 65.5M | 55.5M | 47.4M | 51.0M | 39.2M | 14.9M |
| Net Margin % | -6.2% | 2.3% | 1.6% | 6.7% | 9.5% | 10.3% | 11.0% | 8.8% | 8.1% | 7.7% | 8.6% | 7.1% | 3.1% |
| Net Income Attributable | -51.1M | 22.0M | 17.3M | 61.9M | 70.7M | 91.0M | 85.3M | 65.5M | 55.5M | 47.4M | 51.0M | 39.2M | 14.9M |
| Minority Interest | -2.7M | -1.8M | -3.8M | -1.7M | -675,800 | -2.7M | 999,800 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.15 | 0.07 | 0.07 | 0.25 | 0.35 | 0.58 | 0.54 | 0.65 | 0.84 | 0.94 | 1.04 | 0.90 | 0.34 |
| Eps Diluted | -0.12 | 0.10 | 0.10 | 0.27 | 0.35 | 0.58 | 0.54 | 0.65 | 0.84 | 0.94 | 1.04 | 0.90 | 0.34 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 384.0M | 692.0M | 963.0M | 411.0M | 378.0M | 393.0M | 385.0M | 239.0M | 213.0M | 140.0M | 129.0M | 162.0M | 71.0M |
| Accounts Receivable | 742.0M | 518.0M | 434.0M | 330.0M | 349.0M | 441.0M | 420.0M | 396.0M | 302.0M | 282.0M | 224.0M | 183.0M | 171.0M |
| Notes Receivable | 27.4M | 43.6M | 7.0M | 642,600 | 6.8M | 5.1M | 5.0M | 7.2M | 1.8M | -- | 1.9M | 400,000 | 1.2M |
| Notes And Accounts Receivable | 769.0M | 561.0M | 441.0M | 331.0M | 356.0M | 446.0M | 425.0M | 403.0M | 304.0M | 282.0M | 226.0M | 184.0M | 172.0M |
| Prepayments | -- | -- | -- | 416,100 | 728,200 | -- | -- | -- | -- | -- | -- | 520,500 | 220,500 |
| Inventory | 275.0M | 341.0M | 305.0M | 291.0M | 292.0M | 201.0M | 192.0M | 168.0M | 180.0M | 203.0M | 170.0M | 154.0M | 156.0M |
| Total Current Assets | 1.5B | 1.7B | 1.8B | 1.1B | 1.1B | 1.1B | 1.0B | 892.0M | 713.0M | 637.0M | 532.0M | 514.0M | 436.0M |
| Long Term Equity Investment | 82.5M | 84.4M | 67.6M | 69.9M | 59.2M | 13.6M | 11.9M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 490.0M | 451.0M | 455.0M | 464.0M | 158.0M | 67.0M | 19.1M | 19.7M | 19.8M | 19.8M | 21.8M | 24.7M |
| Fixed Assets Total | 481.0M | 490.0M | 451.0M | 455.0M | 464.0M | 158.0M | 67.0M | 19.1M | 19.7M | 19.8M | 19.8M | 21.8M | 24.7M |
| Construction In Progress | -- | -- | -- | -- | -- | -- | 35.5M | 41.9M | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- | -- | 35.5M | 41.9M | -- | -- | -- | -- | -- |
| Intangible Assets | 127.0M | 127.0M | 109.0M | 55.4M | 26.1M | 17.4M | 8.7M | 1.3M | 1.5M | 787,100 | 740,100 | 853,800 | 424,400 |
| Long Term Deferred Expenses | 3.1M | 1.8M | 2.1M | 1.6M | 2.4M | 2.6M | 3.4M | 3.9M | 2.7M | 4.8M | 3.2M | 534,500 | 2.0M |
| Total Non Current Assets | 854.0M | 823.0M | 741.0M | 699.0M | 634.0M | 552.0M | 159.0M | 72.1M | 28.7M | 31.1M | 28.1M | 29.5M | 34.6M |
| Total Assets | 2.4B | 2.5B | 2.5B | 1.8B | 1.7B | 1.6B | 1.2B | 964.0M | 741.0M | 668.0M | 560.0M | 543.0M | 471.0M |
| Short Term Borrowings | 422.0M | 364.0M | 443.0M | 339.0M | 295.0M | 476.0M | 247.0M | 115.0M | 200.0M | 180.0M | 145.0M | 136.0M | 117.0M |
| Accounts Payable | 9.5M | 10.9M | 9.7M | 13.6M | 15.8M | 30.8M | 21.3M | 25.3M | 9.9M | 21.5M | 22.7M | 15.5M | 13.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 42.4M | 41.1M | 19.0M | 34.0M | 31.9M | 28.2M | 47.7M | 48.1M |
| Contract Liabilities | 13.2M | 32.3M | 38.5M | 33.5M | 68.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 580.0M | 631.0M | 655.0M | 530.0M | 531.0M | 679.0M | 475.0M | 309.0M | 359.0M | 339.0M | 272.0M | 312.0M | 272.0M |
| Long Term Borrowings | 59.7M | 83.8M | 90.2M | 105.0M | 120.0M | 150.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 259.0M | 268.0M | 325.0M | 332.0M | 354.0M | 153.0M | 2.1M | 1.3M | 11.4M | 7.3M | 7.9M | 30.0M | 36.3M |
| Total Liabilities | 838.0M | 899.0M | 980.0M | 862.0M | 884.0M | 831.0M | 477.0M | 311.0M | 370.0M | 346.0M | 280.0M | 342.0M | 309.0M |
| Paid In Capital | 331.0M | 331.0M | 327.0M | 210.0M | 158.0M | 158.0M | 106.0M | 88.4M | 50.6M | 50.6M | 50.6M | 43.7M | 43.7M |
| Capital Reserve | 772.0M | 762.0M | 719.0M | 244.0M | 232.0M | 231.0M | 301.0M | 316.0M | 97.3M | 93.0M | 88.7M | 39.4M | 39.4M |
| Surplus Reserve | 70.9M | 70.9M | 70.0M | 66.9M | 59.6M | 54.8M | 44.8M | 36.1M | 28.8M | 22.3M | 17.5M | 12.2M | 8.3M |
| Retained Earnings | 366.0M | 420.0M | 401.0M | 402.0M | 360.0M | 338.0M | 285.0M | 232.0M | 195.0M | 156.0M | 123.0M | 106.0M | 70.8M |
| Minority Equity | -9.4M | -6.7M | -4.9M | -1.2M | 511,600 | 1.1M | 3.8M | 2.0M | -- | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.6B | 1.6B | 953.0M | 849.0M | 778.0M | 715.0M | 652.0M | 371.0M | 322.0M | 280.0M | 201.0M | 162.0M |
| Total Equity | 1.5B | 1.6B | 1.5B | 952.0M | 849.0M | 779.0M | 719.0M | 654.0M | 371.0M | 322.0M | 280.0M | 201.0M | 162.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 671.0M | 769.0M | 777.0M | 919.0M | 840.0M | 884.0M | 821.0M | 663.0M | 705.0M | 601.0M | 558.0M | 551.0M | 510.0M |
| Tax Refunds Received | 446,400 | 298,800 | 422,700 | 1.4M | 4.2M | 8.6M | 8.9M | 5.6M | 10.3M | 14.2M | 9.2M | 13.8M | 8.2M |
| Total Operating Cash Inflow | 687.0M | 787.0M | 789.0M | 932.0M | 854.0M | 903.0M | 848.0M | 676.0M | 721.0M | 619.0M | 571.0M | 599.0M | 528.0M |
| Cash Paid For Goods | 70.0M | 64.4M | 110.0M | 137.0M | 88.8M | 96.9M | 127.0M | 108.0M | 94.2M | 98.9M | 96.6M | 81.6M | 90.7M |
| Cash Paid To Employees | 612.0M | 618.0M | 569.0M | 590.0M | 548.0M | 562.0M | 492.0M | 468.0M | 431.0M | 418.0M | 402.0M | 357.0M | 316.0M |
| Taxes Paid | 44.6M | 37.9M | 34.4M | 31.8M | 38.9M | 45.5M | 50.6M | 49.3M | 47.7M | 39.9M | 33.7M | 19.3M | 47.3M |
| Total Operating Cash Outflow | 811.0M | 796.0M | 768.0M | 828.0M | 751.0M | 817.0M | 759.0M | 696.0M | 639.0M | 616.0M | 624.0M | 515.0M | 543.0M |
| Operating Cash Flow | -124.0M | -9.6M | 21.0M | 105.0M | 103.0M | 86.1M | 88.4M | -19.4M | 82.1M | 3.0M | -52.9M | 83.5M | -15.6M |
| Total Investing Cash Inflow | 1.2M | 5.7M | 15,600 | 680,500 | 2.5M | 58.4M | 127.0M | 1.4M | 172,500 | 278,000 | 754,000 | 773,100 | 882,000 |
| Total Investing Cash Outflow | 125.0M | 151.0M | 106.0M | 66.7M | 143.0M | 441.0M | 170.0M | 106.0M | 4.1M | 6.5M | 5.6M | 2.8M | 3.6M |
| Investing Cash Flow | -123.0M | -146.0M | -106.0M | -66.0M | -140.0M | -383.0M | -42.3M | -105.0M | -4.0M | -6.3M | -4.8M | -2.0M | -2.7M |
| Cash From Borrowings | 526.0M | 495.0M | 465.0M | 496.0M | 640.0M | 716.0M | 247.0M | 115.0M | 200.0M | 180.0M | 145.0M | 146.0M | 117.0M |
| Dividends And Interest Paid | 24.8M | 27.4M | 41.3M | 39.4M | 46.8M | 45.2M | 34.2M | 28.5M | 20.3M | 20.2M | 36.6M | 6.0M | 5.2M |
| Debt Repayments | 524.0M | 569.0M | 376.0M | 448.0M | 571.0M | 337.0M | 115.0M | 200.0M | 180.0M | 145.0M | 136.0M | 127.0M | 77.0M |
| Total Financing Cash Inflow | 526.0M | 495.0M | 1.1B | 496.0M | 640.0M | 716.0M | 247.0M | 383.0M | 200.0M | 180.0M | 199.0M | 146.0M | 117.0M |
| Total Financing Cash Outflow | 589.0M | 609.0M | 428.0M | 500.0M | 619.0M | 409.0M | 149.0M | 235.0M | 203.0M | 168.0M | 177.0M | 136.0M | 84.9M |
| Financing Cash Flow | -63.3M | -114.0M | 633.0M | -4.4M | 21.7M | 307.0M | 97.8M | 148.0M | -3.2M | 12.3M | 22.9M | 10.0M | 32.5M |
| Net Change In Cash | -311.0M | -269.0M | 549.0M | 34.5M | -15.3M | 10.0M | 144.0M | 23.9M | 75.4M | 9.2M | -34.8M | 91.3M | 14.2M |
| Ending Cash Balance | 378.0M | 688.0M | 958.0M | 409.0M | 374.0M | 389.0M | 379.0M | 235.0M | 212.0M | 136.0M | 127.0M | 162.0M | 70.5M |
| Capex | 118.0M | 130.0M | 93.9M | 65.0M | 90.1M | 384.0M | 75.1M | 35.2M | 4.1M | 6.5M | 5.6M | 2.8M | 3.6M |