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 | 2.4B | 2.2B | 2.7B | 2.2B | 1.5B | 1.2B | 1.2B | 1.1B | 897.0M | 901.0M | 909.0M | 625.0M | 554.0M |
| Revenue Growth % | 6.9% | -19.1% | 23.4% | 44.5% | 22.8% | 0.0% | 11.4% | 24.6% | -0.4% | -0.9% | 45.4% | 12.8% | -- |
| Total Revenue | 2.4B | 2.2B | 2.7B | 2.2B | 1.5B | 1.2B | 1.2B | 1.1B | 897.0M | 901.0M | 909.0M | 625.0M | 554.0M |
| Cost Of Revenue | 2.0B | 1.8B | 2.1B | 1.7B | 1.2B | 872.0M | 836.0M | 823.0M | 683.0M | 668.0M | 701.0M | 486.0M | 424.0M |
| Gross Profit | 347.0M | 382.0M | 633.0M | 491.0M | 349.0M | 373.0M | 409.0M | 295.0M | 214.0M | 233.0M | 208.0M | 139.0M | 130.0M |
| Gross Margin % | 14.7% | 17.3% | 23.2% | 22.2% | 22.8% | 30.0% | 32.9% | 26.4% | 23.9% | 25.9% | 22.9% | 22.2% | 23.5% |
| Total Operating Cost | 2.3B | 2.1B | 2.3B | 1.9B | 1.3B | 1.1B | 1.0B | 1.0B | 818.0M | 842.0M | 831.0M | 581.0M | 503.0M |
| Selling Expenses | 28.8M | 26.0M | 22.5M | 20.1M | 19.7M | 79.5M | 81.2M | 87.6M | 65.9M | 67.4M | 53.4M | 43.2M | 32.8M |
| Admin Expenses | 95.4M | 83.6M | 93.8M | 70.1M | 48.8M | 57.0M | 50.4M | 34.8M | 37.1M | 80.5M | 56.5M | 44.6M | 40.9M |
| Rd Expenses | 72.8M | 67.7M | 73.0M | 79.7M | 65.4M | 46.6M | 48.0M | 43.4M | 31.2M | 29.7M | -- | -- | -- |
| Finance Expenses | -8.1M | -4.8M | -36.2M | -11.1M | -8.2M | -6.5M | -2.4M | 7.6M | -4.8M | -7.5M | 272,200 | 4.2M | 3.5M |
| Operating Income | 143.0M | 180.0M | 475.0M | 323.0M | 231.0M | 205.0M | 222.0M | 118.0M | 78.4M | 59.4M | 78.9M | 44.4M | 50.5M |
| Operating Margin % | 6.1% | 8.2% | 17.4% | 14.6% | 15.1% | 16.5% | 17.8% | 10.6% | 8.7% | 6.6% | 8.7% | 7.1% | 9.1% |
| Non Operating Income | 806,400 | 41,700 | 322,200 | 45,800 | 98,200 | 29,100 | 8,500 | 21,900 | 2.7M | 4.6M | 1.4M | 2.5M | 279,500 |
| Non Operating Expenses | 7.8M | 3.2M | 3.2M | 784,500 | 1.7M | 849,100 | 314,300 | 741,700 | 679,500 | 1.2M | 769,000 | 1.2M | 572,100 |
| Investment Income | 20.1M | 9.6M | 5.1M | 11.4M | 16.6M | 2.2M | 2.5M | 45,400 | 348,500 | 253,100 | 612,000 | 838,200 | 78,200 |
| Fair Value Change Income | 1.8M | 1.8M | -239,000 | 239,000 | -- | -- | -- | -- | -- | -3,700 | -21,300 | 25,000 | -- |
| Asset Disposal Income | 82,000 | 348,100 | -54,400 | -2.7M | 28,900 | -860,000 | -1.9M | -871,300 | -608,100 | 1,300 | -- | -- | -- |
| Asset Impairment Loss | 25.3M | 42.3M | -- | -- | 4.1M | -- | 2.9M | -427,700 | 1.2M | 1.2M | 18.0M | 1.4M | -314,400 |
| Other Income | 14.5M | 19.5M | 6.5M | 7.0M | 3.8M | 13.2M | 3.6M | 4.5M | -- | -- | -- | -- | -- |
| Income Before Tax | 136.0M | 177.0M | 472.0M | 323.0M | 229.0M | 204.0M | 222.0M | 117.0M | 80.5M | 62.8M | 79.6M | 45.7M | 50.2M |
| Income Tax | 15.5M | 34.9M | 74.7M | 44.2M | 34.3M | 32.4M | 35.9M | 18.8M | 13.6M | 17.1M | 12.6M | 8.1M | 8.4M |
| Net Income | 121.0M | 142.0M | 397.0M | 278.0M | 195.0M | 172.0M | 186.0M | 98.7M | 66.9M | 45.7M | 67.0M | 37.6M | 41.9M |
| Net Margin % | 5.1% | 6.4% | 14.6% | 12.6% | 12.8% | 13.8% | 14.9% | 8.8% | 7.5% | 5.1% | 7.4% | 6.0% | 7.6% |
| Net Income Attributable | 121.0M | 142.0M | 398.0M | 278.0M | 195.0M | 172.0M | 186.0M | 98.7M | 66.9M | 45.7M | 67.0M | 37.6M | 41.9M |
| Minority Interest | -- | -- | -271,900 | -77,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.57 | 0.67 | 1.84 | 1.29 | 0.90 | 1.03 | 2.07 | 1.10 | 0.74 | 0.55 | -- | -- | -- |
| Eps Diluted | 0.57 | 0.67 | 1.84 | 1.29 | 0.90 | 1.03 | 2.07 | 1.10 | 0.74 | 0.55 | -- | -- | -- |
| 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 | 460.0M | 473.0M | 588.0M | 874.0M | 547.0M | 928.0M | 257.0M | 144.0M | 64.6M | 90.2M | 66.7M | 56.7M | 94.0M |
| Trading Financial Assets | 317.0M | 351.0M | 285.0M | 222.0M | 488.0M | 159.0M | -- | -- | -- | -- | 10.0M | 12.9M | -- |
| Accounts Receivable | 293.0M | 231.0M | 236.0M | 227.0M | 143.0M | 139.0M | 129.0M | 114.0M | 130.0M | -- | 97.9M | 69.7M | 51.0M |
| Notes Receivable | 181.0M | 141.0M | -- | -- | -- | -- | 26.4M | 6.5M | 10.0M | -- | 8.2M | 7.3M | 5.9M |
| Notes And Accounts Receivable | 474.0M | 372.0M | 236.0M | 227.0M | 143.0M | 139.0M | 156.0M | 121.0M | 140.0M | 119.0M | 106.0M | 77.0M | 56.9M |
| Prepayments | 36.8M | 30.6M | 56.1M | 47.5M | 21.6M | 13.9M | 7.3M | 10.6M | 12.4M | 8.3M | 1.8M | 4.6M | 4.9M |
| Inventory | 216.0M | 186.0M | 212.0M | 171.0M | 95.5M | 61.7M | 61.3M | 60.8M | 59.1M | 50.1M | 45.8M | 40.1M | 33.6M |
| Total Current Assets | 1.7B | 1.6B | 1.6B | 1.7B | 1.3B | 1.3B | 493.0M | 349.0M | 283.0M | 274.0M | 261.0M | 209.0M | 205.0M |
| Fixed Assets | -- | 493.0M | 453.0M | 365.0M | 351.0M | 286.0M | 249.0M | -- | -- | -- | 83.1M | 43.5M | 29.3M |
| Fixed Assets Total | 510.0M | 493.0M | 453.0M | 365.0M | 351.0M | 286.0M | 249.0M | 274.0M | 234.0M | 248.0M | 83.1M | 43.5M | 29.3M |
| Construction In Progress | -- | 430.0M | 311.0M | 228.0M | 210.0M | 155.0M | 91.5M | -- | -- | -- | 64.5M | 12.2M | 1.5M |
| Construction In Progress Total | 524.0M | 558.0M | 428.0M | 277.0M | 269.0M | 193.0M | 127.0M | 64.1M | 64.8M | 14.5M | 75.5M | 14.3M | 1.5M |
| Intangible Assets | 101.0M | 103.0M | 106.0M | 64.6M | 67.5M | 69.8M | 68.4M | 47.9M | 50.1M | 52.2M | 34.3M | 5.3M | 5.3M |
| Long Term Deferred Expenses | 42.6M | 36.1M | 1.1M | -- | -- | -- | -- | -- | 915,800 | 1.9M | 4.6M | 4.4M | 550,400 |
| Total Non Current Assets | 1.6B | 1.5B | 1.3B | 902.0M | 783.0M | 613.0M | 469.0M | 413.0M | 364.0M | 325.0M | 220.0M | 92.6M | 49.2M |
| Total Assets | 3.3B | 3.1B | 2.9B | 2.6B | 2.1B | 1.9B | 962.0M | 762.0M | 648.0M | 599.0M | 481.0M | 302.0M | 254.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 295,000 | -- | 20.0M | -- | -- |
| Accounts Payable | 94.5M | 94.7M | 106.0M | 106.0M | 70.7M | 68.0M | 61.0M | 81.9M | 86.5M | -- | 87.1M | 41.2M | 34.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 6.8M | 5.9M | 5.2M | 4.5M | 2.6M | 3.9M | 4.8M | 8.8M |
| Contract Liabilities | 22.7M | 14.3M | 24.0M | 39.3M | 10.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 786.0M | 586.0M | 394.0M | 431.0M | 250.0M | 207.0M | 239.0M | 212.0M | 195.0M | 213.0M | 191.0M | 84.9M | 94.5M |
| Total Non Current Liabilities | 122.0M | 160.0M | 140.0M | 9.8M | 5.9M | 4.3M | 4.9M | 5.7M | 6.2M | 7.0M | 6.9M | 603,800 | 600,000 |
| Total Liabilities | 908.0M | 746.0M | 534.0M | 440.0M | 256.0M | 211.0M | 244.0M | 218.0M | 201.0M | 220.0M | 198.0M | 85.5M | 95.1M |
| Paid In Capital | 218.0M | 218.0M | 217.0M | 216.0M | 216.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 12.5M | 12.5M | 11.5M |
| Capital Reserve | 964.0M | 1.0B | 1.0B | 986.0M | 977.0M | 1.1B | 259.0M | 259.0M | 259.0M | 239.0M | 108.0M | 107.0M | 64.0M |
| Surplus Reserve | 171.0M | 159.0M | 138.0M | 101.0M | 72.5M | 51.9M | 35.4M | 17.5M | 7.7M | 3.8M | 18.0M | 11.6M | 8.0M |
| Retained Earnings | 1.2B | 1.1B | 1.1B | 799.0M | 603.0M | 489.0M | 334.0M | 178.0M | 89.3M | 46.6M | 143.0M | 82.6M | 73.6M |
| Minority Equity | -- | -- | -349,500 | -77,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.4B | 2.4B | 2.4B | 2.1B | 1.9B | 1.7B | 718.0M | 545.0M | 446.0M | 379.0M | 283.0M | 217.0M | 159.0M |
| Total Equity | 2.4B | 2.4B | 2.4B | 2.1B | 1.9B | 1.7B | 718.0M | 545.0M | 446.0M | 379.0M | 283.0M | 217.0M | 159.0M |
| 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 | 2.0B | 1.9B | 2.4B | 1.7B | 1.2B | 968.0M | 951.0M | 870.0M | 659.0M | 659.0M | 677.0M | 511.0M | 478.0M |
| Tax Refunds Received | 150.0M | 143.0M | 207.0M | 128.0M | 90.9M | 63.6M | 59.3M | 45.1M | 41.8M | 56.8M | 40.2M | 32.0M | 28.9M |
| Total Operating Cash Inflow | 2.2B | 2.0B | 2.7B | 1.8B | 1.3B | 1.1B | 1.0B | 923.0M | 705.0M | 737.0M | 727.0M | 561.0M | 516.0M |
| Cash Paid For Goods | 1.6B | 1.3B | 1.8B | 1.3B | 861.0M | 605.0M | 510.0M | 517.0M | 464.0M | 402.0M | 464.0M | 411.0M | 342.0M |
| Cash Paid To Employees | 161.0M | 151.0M | 123.0M | 92.5M | 86.3M | 77.3M | 59.0M | 48.4M | 45.9M | 47.9M | 40.2M | 33.3M | 28.0M |
| Taxes Paid | 96.4M | 105.0M | 174.0M | 83.4M | 78.8M | 82.7M | 88.1M | 49.8M | 44.3M | 49.8M | 30.1M | 29.5M | 23.0M |
| Total Operating Cash Outflow | 1.9B | 1.6B | 2.2B | 1.6B | 1.1B | 884.0M | 794.0M | 736.0M | 665.0M | 595.0M | 642.0M | 536.0M | 475.0M |
| Operating Cash Flow | 297.0M | 407.0M | 477.0M | 255.0M | 203.0M | 176.0M | 220.0M | 187.0M | 40.4M | 142.0M | 84.6M | 25.8M | 41.3M |
| Total Investing Cash Inflow | 2.2B | 1.4B | 2.4B | 3.3B | 2.0B | 557.0M | 692.0M | 121.0M | 81.6M | 56.3M | 982.0M | 1.2M | 18.8M |
| Total Investing Cash Outflow | 2.5B | 1.8B | 3.0B | 3.2B | 2.6B | 901.0M | 800.0M | 218.0M | 165.0M | 165.0M | 1.1B | 63.9M | 27.4M |
| Investing Cash Flow | -275.0M | -370.0M | -558.0M | 94.4M | -533.0M | -344.0M | -108.0M | -96.8M | -83.2M | -109.0M | -122.0M | -62.7M | -8.6M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | -- | 32.3M | 23.4M | 10.0M | 42.0M | -- | -- |
| Dividends And Interest Paid | 52.1M | 101.0M | 86.4M | 54.0M | 60.0M | -- | 12.6M | 1.2M | 78,600 | 40.4M | 1.3M | 25.0M | 1.2M |
| Debt Repayments | -- | -- | -- | -- | -- | -- | -- | 32.6M | 23.1M | 30.0M | 22.0M | -- | 27.0M |
| Total Financing Cash Inflow | 55.9M | 11.8M | 16.7M | -- | -- | 857.0M | -- | 32.4M | 23.4M | 57.6M | 42.0M | 44.5M | 65.5M |
| Total Financing Cash Outflow | 143.0M | 192.0M | 201.0M | 54.0M | 60.0M | 10.6M | 12.6M | 33.8M | 23.2M | 70.4M | 23.3M | 25.0M | 47.4M |
| Financing Cash Flow | -86.8M | -180.0M | -184.0M | -54.0M | -60.0M | 846.0M | -12.6M | -1.4M | 116,400 | -12.9M | 18.7M | 19.5M | 18.1M |
| Net Change In Cash | -52.7M | -140.0M | -258.0M | 293.0M | -391.0M | 681.0M | 101.0M | 82.2M | -38.0M | 28.9M | -17.9M | -21.7M | 49.1M |
| Ending Cash Balance | 323.0M | 376.0M | 516.0M | 775.0M | 482.0M | 873.0M | 193.0M | 91.3M | 9.1M | 47.2M | 18.3M | 36.2M | 57.9M |
| Capex | 367.0M | 319.0M | 413.0M | 117.0M | 143.0M | 187.0M | 111.0M | 97.0M | 84.7M | 120.0M | 125.0M | 51.0M | 27.4M |