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 | 374.0M | 514.0M | 474.0M | 547.0M | 449.0M | 500.0M | 454.0M | 336.0M | 330.0M | 324.0M | 344.0M | 304.0M | 217.0M |
| Revenue Growth % | -27.2% | 8.4% | -13.3% | 21.8% | -10.2% | 10.1% | 35.1% | 1.8% | 1.9% | -5.8% | 13.2% | 40.1% | -- |
| Total Revenue | 374.0M | 514.0M | 474.0M | 547.0M | 449.0M | 500.0M | 454.0M | 336.0M | 330.0M | 324.0M | 344.0M | 304.0M | 217.0M |
| Cost Of Revenue | 260.0M | 360.0M | 310.0M | 375.0M | 294.0M | 332.0M | 294.0M | 194.0M | 190.0M | 189.0M | 215.0M | 199.0M | 147.0M |
| Gross Profit | 114.0M | 154.0M | 164.0M | 172.0M | 155.0M | 168.0M | 160.0M | 142.0M | 140.0M | 135.0M | 129.0M | 105.0M | 70.0M |
| Gross Margin % | 30.5% | 30.0% | 34.6% | 31.4% | 34.5% | 33.6% | 35.2% | 42.3% | 42.4% | 41.7% | 37.5% | 34.5% | 32.3% |
| Total Operating Cost | 368.0M | 477.0M | 435.0M | 510.0M | 410.0M | 455.0M | 417.0M | 288.0M | 275.0M | 267.0M | 290.0M | 275.0M | 204.0M |
| Selling Expenses | 19.7M | 24.6M | 21.3M | 24.9M | 17.7M | 31.4M | 41.4M | 36.1M | 36.4M | 29.8M | 27.7M | 34.1M | 27.5M |
| Admin Expenses | 51.8M | 55.1M | 64.1M | 70.8M | 59.0M | 57.0M | 49.3M | 36.3M | 41.2M | 42.1M | 37.0M | 32.9M | 23.9M |
| Rd Expenses | 16.2M | 23.5M | 19.0M | 18.6M | 15.3M | 19.7M | 16.0M | 13.2M | -- | -- | -- | -- | -- |
| Finance Expenses | 7.0M | 3.0M | 2.8M | 1.8M | 4.5M | 4.7M | 4.5M | 2.2M | 754,300 | 680,000 | 3.6M | 3.5M | 2.6M |
| Operating Income | 31.0M | 75.2M | 46.8M | 40.0M | 41.3M | 50.3M | 41.2M | 55.2M | 54.3M | 56.9M | 53.8M | 28.6M | 13.1M |
| Operating Margin % | 8.3% | 14.6% | 9.9% | 7.3% | 9.2% | 10.1% | 9.1% | 16.4% | 16.5% | 17.5% | 15.6% | 9.4% | 6.0% |
| Non Operating Income | 302,200 | 1.2M | 236,900 | 171,200 | 595,200 | 1.6M | 2.7M | 23,300 | 2.5M | 1.5M | 5.6M | 5.0M | 2.5M |
| Non Operating Expenses | 858,000 | 3.3M | 1.3M | 3.0M | 2.1M | 1.5M | 737,100 | 2.9M | 1.2M | 2.1M | 2.8M | 3.1M | 2.1M |
| Investment Income | 9.8M | 35.2M | 2.5M | -3.9M | -4.7M | -4.7M | 374,700 | 1.4M | -- | -- | -- | -- | -- |
| Fair Value Change Income | 10.7M | -1.3M | 1.8M | -- | 17,800 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1,800 | 424,400 | 387,800 | 26,800 | -37,100 | -56,500 | -5,800 | 33,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.1M | 7.8M | 281,400 | 1.4M | -3.7M | -- | 4.4M | 1.4M | 2.6M | 1.6M | 3.8M | 1.0M | 122,000 |
| Other Income | 5.4M | 3.8M | 3.3M | 6.4M | 7.0M | 10.0M | 3.7M | 6.1M | -- | -- | -- | -- | -- |
| Income Before Tax | 30.5M | 73.0M | 45.8M | 37.2M | 39.9M | 50.4M | 43.1M | 52.3M | 55.6M | 56.3M | 56.6M | 30.5M | 13.5M |
| Income Tax | 7.5M | 10.4M | 6.2M | 9.6M | 8.3M | 8.2M | 7.8M | 8.4M | 9.3M | 12.1M | 7.7M | 7.4M | 2.9M |
| Net Income | 22.9M | 62.7M | 39.6M | 27.6M | 31.5M | 42.2M | 35.3M | 43.9M | 46.3M | 44.1M | 48.9M | 23.0M | 10.7M |
| Net Margin % | 6.1% | 12.2% | 8.4% | 5.0% | 7.0% | 8.4% | 7.8% | 13.1% | 14.0% | 13.6% | 14.2% | 7.6% | 4.9% |
| Net Income Attributable | 26.8M | 67.6M | 38.5M | 26.0M | 30.1M | 42.5M | 35.4M | 43.9M | 46.3M | 44.1M | 48.9M | 23.0M | 10.7M |
| Minority Interest | -3.8M | -4.9M | 1.1M | 1.6M | 1.5M | -286,100 | -105,500 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.21 | 0.53 | 0.30 | 0.20 | 0.23 | 0.33 | 0.28 | 0.63 | 0.82 | 0.78 | 0.94 | 0.45 | 0.35 |
| Eps Diluted | 0.27 | 0.55 | 0.34 | 0.22 | 0.23 | 0.33 | 0.28 | 0.63 | 0.82 | -- | -- | -- | -- |
| 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 | 210.0M | 239.0M | 140.0M | 141.0M | 51.7M | 45.4M | 114.0M | 78.0M | 44.1M | 32.9M | 49.7M | 60.6M | 74.9M |
| Trading Financial Assets | 312.0M | 251.0M | 204.0M | -- | 20.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 69.0M | 77.7M | 122.0M | 157.0M | 164.0M | 195.0M | 175.0M | 137.0M | 121.0M | 117.0M | 132.0M | 88.4M | 73.2M |
| Notes Receivable | 905,700 | 1.1M | 2.3M | -- | -- | -- | 395,500 | -- | 50,000 | -- | 205,000 | -- | 270,000 |
| Notes And Accounts Receivable | 69.9M | 78.8M | 124.0M | 157.0M | 164.0M | 195.0M | 175.0M | 137.0M | 121.0M | 117.0M | 132.0M | 88.4M | 73.5M |
| Prepayments | 22.2M | 18.7M | 37.7M | 34.2M | 37.2M | 32.7M | 41.7M | 17.3M | 10.1M | 11.3M | 8.9M | 14.5M | 6.3M |
| Inventory | 177.0M | 182.0M | 181.0M | 172.0M | 140.0M | 108.0M | 121.0M | 89.9M | 65.2M | 68.2M | 87.8M | 93.9M | 70.7M |
| Total Current Assets | 818.0M | 792.0M | 717.0M | 691.0M | 473.0M | 406.0M | 467.0M | 437.0M | 251.0M | 240.0M | 304.0M | 276.0M | 234.0M |
| Long Term Equity Investment | 76.9M | 78.2M | 70.8M | 65.7M | 66.0M | 68.8M | 50.2M | 44.8M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 262.0M | 310.0M | 333.0M | 317.0M | 317.0M | 315.0M | 193.0M | 128.0M | 134.0M | 103.0M | 62.0M | 48.4M |
| Fixed Assets Total | 267.0M | 262.0M | 310.0M | 333.0M | 317.0M | 317.0M | 315.0M | 193.0M | 128.0M | 134.0M | 103.0M | 62.0M | 48.4M |
| Construction In Progress | -- | 36.0M | 30.2M | 43.2M | 52.7M | 27.7M | 3.5M | 10.2M | 41.5M | 6.3M | 6.0M | 3.7M | 10.1M |
| Construction In Progress Total | 4.7M | 36.0M | 30.2M | 43.2M | 52.7M | 27.7M | 3.5M | 10.2M | 41.5M | 6.3M | 6.0M | 3.7M | 10.1M |
| Intangible Assets | 46.5M | 48.1M | 49.7M | 51.2M | 52.7M | 54.4M | 56.0M | 50.2M | 51.7M | 40.8M | 41.5M | 34.1M | 22.0M |
| Long Term Deferred Expenses | 3.5M | 1.9M | 2.7M | 3.3M | 961,200 | 1.1M | 1.5M | 949,500 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 483.0M | 520.0M | 561.0M | 562.0M | 507.0M | 487.0M | 456.0M | 410.0M | 238.0M | 201.0M | 180.0M | 149.0M | 98.9M |
| Total Assets | 1.3B | 1.3B | 1.3B | 1.3B | 980.0M | 893.0M | 923.0M | 847.0M | 489.0M | 440.0M | 483.0M | 425.0M | 333.0M |
| Short Term Borrowings | -- | 760,000 | -- | 10.0M | 96.2M | 65.9M | 112.0M | 130.0M | 30.0M | -- | 50.0M | 75.0M | 35.0M |
| Accounts Payable | 74.5M | 107.0M | 93.4M | 101.0M | 77.7M | 70.6M | 72.2M | 45.5M | 43.7M | 45.7M | 62.2M | 53.8M | 40.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 41.6M | 54.1M | 27.8M | 42.5M | 56.7M | 50.7M | 69.3M | 61.4M |
| Contract Liabilities | 77.8M | 61.4M | 88.2M | 95.7M | 64.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 203.0M | 228.0M | 246.0M | 267.0M | 278.0M | 213.0M | 269.0M | 231.0M | 141.0M | 128.0M | 216.0M | 256.0M | 189.0M |
| Total Non Current Liabilities | 260.0M | 253.0M | 247.0M | 234.0M | 8.2M | 7.1M | 4.5M | 3.9M | 2.0M | 1.0M | -- | -- | -- |
| Total Liabilities | 463.0M | 481.0M | 492.0M | 501.0M | 286.0M | 220.0M | 274.0M | 235.0M | 143.0M | 129.0M | 216.0M | 256.0M | 189.0M |
| Paid In Capital | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 75.7M | 75.7M | 56.8M | 56.8M | 56.8M | 50.9M | 31.0M |
| Capital Reserve | 197.0M | 197.0M | 200.0M | 199.0M | 196.0M | 196.0M | 249.0M | 249.0M | 45.3M | 45.3M | 45.3M | 1.4M | 7.0M |
| Surplus Reserve | 56.3M | 53.4M | 45.6M | 43.0M | 42.4M | 33.5M | 28.7M | 24.7M | 20.3M | 16.0M | 11.6M | 7.4M | 5.6M |
| Retained Earnings | 404.0M | 400.0M | 355.0M | 332.0M | 320.0M | 311.0M | 295.0M | 264.0M | 224.0M | 193.0M | 154.0M | 109.0M | 100.0M |
| Minority Equity | 14.9M | 15.5M | 20.1M | 12.9M | 8.1M | 3.6M | 1.4M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 823.0M | 815.0M | 766.0M | 739.0M | 686.0M | 669.0M | 648.0M | 612.0M | 346.0M | 312.0M | 267.0M | 169.0M | 144.0M |
| Total Equity | 838.0M | 831.0M | 786.0M | 752.0M | 695.0M | 673.0M | 649.0M | 612.0M | 346.0M | 312.0M | 267.0M | 169.0M | 144.0M |
| 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 | 443.0M | 590.0M | 558.0M | 646.0M | 516.0M | 520.0M | 505.0M | 337.0M | 364.0M | 384.0M | 309.0M | 355.0M | 405.0M |
| Tax Refunds Received | 1.4M | 787,300 | 1.9M | 2.6M | 327,200 | 1.6M | 1.1M | 182,600 | -- | -- | 455,000 | 916,200 | 1.1M |
| Total Operating Cash Inflow | 455.0M | 606.0M | 580.0M | 673.0M | 548.0M | 544.0M | 520.0M | 344.0M | 368.0M | 401.0M | 325.0M | 372.0M | 420.0M |
| Cash Paid For Goods | 248.0M | 267.0M | 295.0M | 390.0M | 300.0M | 291.0M | 323.0M | 207.0M | 173.0M | 192.0M | 169.0M | 206.0M | 264.0M |
| Cash Paid To Employees | 84.6M | 87.3M | 85.4M | 75.5M | 60.4M | 66.0M | 64.2M | 52.5M | 52.1M | 50.5M | 47.3M | 41.6M | 35.8M |
| Taxes Paid | 38.1M | 42.0M | 35.6M | 29.1M | 36.1M | 40.1M | 50.0M | 30.8M | 43.5M | 48.3M | 30.9M | 44.1M | 31.6M |
| Total Operating Cash Outflow | 411.0M | 445.0M | 480.0M | 557.0M | 461.0M | 468.0M | 508.0M | 347.0M | 325.0M | 344.0M | 301.0M | 367.0M | 385.0M |
| Operating Cash Flow | 44.0M | 161.0M | 101.0M | 116.0M | 87.1M | 75.8M | 11.8M | -3.2M | 43.2M | 57.1M | 24.5M | 5.3M | 34.6M |
| Total Investing Cash Inflow | 1.3B | 1.1B | 375.0M | 230.0M | 40.8M | -- | 3.4M | 375,200 | 10,000 | 48.1M | 44.0M | 135,500 | 688,700 |
| Total Investing Cash Outflow | 1.4B | 1.2B | 458.0M | 399.0M | 106.0M | 75.3M | 62.1M | 186.0M | 49.8M | 67.9M | 96.1M | 57.9M | 13.4M |
| Investing Cash Flow | -49.3M | -41.6M | -82.8M | -169.0M | -65.2M | -75.3M | -58.6M | -185.0M | -49.8M | -19.9M | -52.1M | -57.8M | -12.7M |
| Cash From Borrowings | 10,000 | 760,000 | 40.0M | 110.0M | 147.0M | 179.0M | 162.0M | 228.0M | 74.5M | 84.8M | 89.5M | 151.0M | 74.8M |
| Dividends And Interest Paid | 23.1M | 17.5M | 14.6M | 13.9M | 14.9M | 24.9M | 4.3M | 2.9M | 12.4M | 1.2M | 3.5M | 3.2M | 3.0M |
| Debt Repayments | 761,700 | -- | 50.0M | 195.0M | 146.0M | 226.0M | 180.0M | 128.0M | 44.5M | 135.0M | 115.0M | 111.0M | 74.6M |
| Total Financing Cash Inflow | 2.8M | 1.1M | 46.0M | 363.0M | 150.0M | 182.0M | 450.0M | 541.0M | 75.5M | 85.8M | 139.0M | 153.0M | 82.8M |
| Total Financing Cash Outflow | 27.0M | 21.1M | 67.6M | 212.0M | 167.0M | 251.0M | 369.0M | 318.0M | 56.9M | 136.0M | 118.0M | 114.0M | 77.6M |
| Financing Cash Flow | -24.3M | -20.1M | -21.6M | 151.0M | -16.2M | -68.7M | 80.5M | 222.0M | 18.6M | -50.2M | 21.3M | 38.4M | 5.2M |
| Net Change In Cash | -29.1M | 99.9M | -1.9M | 96.4M | 2.9M | -68.6M | 33.2M | 33.3M | 12.4M | -12.7M | -6.4M | -14.1M | 26.8M |
| Ending Cash Balance | 210.0M | 239.0M | 139.0M | 141.0M | 44.7M | 41.8M | 110.0M | 77.2M | 43.8M | 31.4M | 44.2M | 50.6M | 64.7M |
| Capex | 8.7M | 25.2M | 19.9M | 48.5M | 43.3M | 52.1M | 54.9M | 141.0M | 49.8M | 33.9M | 38.1M | 57.9M | 13.4M |