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 | 849.0M | 753.0M | 716.0M | 908.0M | 625.0M | 530.0M | 578.0M | 532.0M | 364.0M | 303.0M | 355.0M | 324.0M | 288.0M |
| Revenue Growth % | 12.7% | 5.2% | -21.1% | 45.3% | 17.9% | -8.3% | 8.6% | 46.2% | 20.1% | -14.6% | 9.6% | 12.5% | -- |
| Total Revenue | 849.0M | 753.0M | 716.0M | 908.0M | 625.0M | 530.0M | 578.0M | 532.0M | 364.0M | 303.0M | 355.0M | 324.0M | 288.0M |
| Cost Of Revenue | 632.0M | 554.0M | 527.0M | 643.0M | 448.0M | 368.0M | 400.0M | 349.0M | 233.0M | 203.0M | 238.0M | 232.0M | 200.0M |
| Gross Profit | 217.0M | 199.0M | 189.0M | 265.0M | 177.0M | 162.0M | 178.0M | 183.0M | 131.0M | 100.0M | 117.0M | 92.0M | 88.0M |
| Gross Margin % | 25.6% | 26.4% | 26.4% | 29.2% | 28.3% | 30.6% | 30.8% | 34.4% | 36.0% | 33.0% | 33.0% | 28.4% | 30.6% |
| Total Operating Cost | 801.0M | 712.0M | 663.0M | 807.0M | 560.0M | 472.0M | 505.0M | 458.0M | 315.0M | 270.0M | 315.0M | 307.0M | 265.0M |
| Selling Expenses | 29.5M | 27.8M | 24.9M | 36.2M | 24.8M | 29.2M | 31.5M | 31.2M | 22.2M | 16.5M | 18.8M | 16.3M | 14.9M |
| Admin Expenses | 63.8M | 59.0M | 54.1M | 59.0M | 43.3M | 37.2M | 39.1M | 43.1M | 36.1M | 30.3M | 44.4M | 45.1M | 39.6M |
| Rd Expenses | 54.8M | 47.9M | 44.1M | 51.5M | 32.2M | 27.2M | 23.5M | 20.2M | 15.7M | 13.2M | -- | -- | -- |
| Finance Expenses | 1.8M | 1.2M | -1.5M | 5.7M | 572,000 | 1.8M | 1.9M | 3.5M | 1.2M | 2.6M | 7.3M | 8.4M | 8.1M |
| Operating Income | 71.6M | 60.8M | 66.1M | 117.0M | 86.1M | 76.3M | 83.0M | 80.2M | 49.5M | 33.4M | 39.8M | 16.9M | 22.8M |
| Operating Margin % | 8.4% | 8.1% | 9.2% | 12.9% | 13.8% | 14.4% | 14.4% | 15.1% | 13.6% | 11.0% | 11.2% | 5.2% | 7.9% |
| Non Operating Income | 53,100 | -- | 21,300 | 51,100 | 117,800 | -- | -- | 62,600 | 3.6M | 6.3M | 4.0M | 7.1M | 10.1M |
| Non Operating Expenses | 527,200 | 807,300 | 886,300 | 637,400 | 626,700 | 545,100 | 6.5M | 1.3M | 644,800 | 437,400 | 400,700 | 285,600 | 366,800 |
| Investment Income | -382,700 | -1.3M | -1.2M | 1.7M | 5.3M | 266,300 | 168,200 | 177,900 | -- | -17,000 | -6,522 | -- | -- |
| Fair Value Change Income | 291,300 | 84,500 | -84,500 | -- | -- | -- | -- | -- | -- | 7,500 | -7,500 | -- | -- |
| Asset Disposal Income | 2.3M | -263,500 | 167,700 | 467,000 | -447,000 | 70,500 | -306,700 | -345,900 | -218,300 | -82,900 | -- | -- | -- |
| Asset Impairment Loss | 6.6M | 14.2M | 10.3M | 3.6M | 4.0M | 2.6M | 4.0M | 6.1M | 3.2M | 2.0M | 3.1M | 2.7M | 1.0M |
| Other Income | 21.6M | 21.5M | 13.9M | 13.3M | 16.9M | 18.5M | 9.5M | 6.6M | -- | -- | -- | -- | -- |
| Income Before Tax | 71.1M | 60.0M | 65.3M | 117.0M | 85.6M | 75.8M | 76.6M | 78.9M | 52.5M | 39.3M | 43.3M | 23.8M | 32.6M |
| Income Tax | 3.5M | 5.2M | 4.2M | 13.1M | 10.7M | 8.3M | 9.3M | 10.0M | 7.3M | 5.3M | 6.0M | 3.3M | 4.0M |
| Net Income | 67.6M | 54.9M | 61.0M | 103.0M | 74.9M | 67.5M | 67.3M | 68.9M | 45.2M | 34.0M | 37.3M | 20.4M | 28.6M |
| Net Margin % | 8.0% | 7.3% | 8.5% | 11.3% | 12.0% | 12.7% | 11.6% | 12.9% | 12.4% | 11.2% | 10.5% | 6.3% | 9.9% |
| Net Income Attributable | 67.4M | 58.2M | 61.5M | 100.0M | 74.6M | 67.5M | 67.3M | 68.9M | 45.2M | 34.0M | 37.3M | 20.4M | 28.6M |
| Minority Interest | 263,200 | -3.3M | -456,300 | 3.1M | 217,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.31 | 0.27 | 0.35 | 0.69 | 0.63 | 0.84 | 1.07 | 1.09 | 0.72 | 0.54 | 0.59 | 0.32 | 0.45 |
| Eps Diluted | 0.31 | 0.27 | 0.35 | 0.69 | 0.63 | 0.84 | 1.07 | 1.09 | 0.72 | 0.54 | 0.59 | 0.32 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 48.6M | 216.0M | 196.0M | 185.0M | 65.5M | 47.2M | 53.5M | 41.9M | 31.2M | 30.1M | 25.8M | 17.0M | 17.2M |
| Trading Financial Assets | 40.3M | -- | 20,700 | 30.0M | 217.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 255.0M | 218.0M | 190.0M | 194.0M | 166.0M | 113.0M | 106.0M | 117.0M | 82.8M | -- | 67.6M | 64.7M | 55.5M |
| Notes Receivable | 14.1M | 4.9M | 15.1M | 54.2M | 55.2M | 36.1M | 50.2M | 46.0M | 33.8M | -- | 32.3M | 43.7M | 29.0M |
| Notes And Accounts Receivable | 269.0M | 223.0M | 205.0M | 248.0M | 221.0M | 149.0M | 156.0M | 163.0M | 117.0M | 93.3M | 99.9M | 108.0M | 84.5M |
| Prepayments | 2.6M | 1.9M | 1.0M | 756,700 | 1.1M | 2.2M | 3.0M | 980,900 | 1.1M | 486,400 | 754,700 | 478,200 | 372,400 |
| Inventory | 165.0M | 151.0M | 139.0M | 134.0M | 110.0M | 72.2M | 69.2M | 75.2M | 59.3M | 38.7M | 44.5M | 46.6M | 42.2M |
| Total Current Assets | 590.0M | 656.0M | 600.0M | 658.0M | 664.0M | 299.0M | 285.0M | 281.0M | 211.0M | 164.0M | 172.0M | 173.0M | 147.0M |
| Fixed Assets | -- | 447.0M | 409.0M | 354.0M | 285.0M | 248.0M | 219.0M | -- | -- | -- | 152.0M | 161.0M | 168.0M |
| Fixed Assets Total | 527.0M | 447.0M | 409.0M | 354.0M | 285.0M | 248.0M | 219.0M | 207.0M | 193.0M | 143.0M | 152.0M | 161.0M | 168.0M |
| Construction In Progress | -- | 79.4M | 103.0M | 46.2M | 46.0M | 12.1M | 13.3M | -- | -- | -- | 4.2M | 8.9M | 11.1M |
| Construction In Progress Total | 11.3M | 79.4M | 103.0M | 46.2M | 46.0M | 12.1M | 13.3M | 2.6M | 561,100 | 23.4M | 4.2M | 8.9M | 11.1M |
| Intangible Assets | 70.6M | 73.1M | 75.6M | 71.5M | 71.3M | 29.8M | 26.1M | 26.7M | 27.1M | 27.8M | 28.5M | 33.9M | 34.7M |
| Long Term Deferred Expenses | 4.4M | 8.1M | 5.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 688.0M | 692.0M | 671.0M | 563.0M | 489.0M | 323.0M | 296.0M | 268.0M | 252.0M | 228.0M | 216.0M | 212.0M | 219.0M |
| Total Assets | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 623.0M | 581.0M | 549.0M | 463.0M | 392.0M | 388.0M | 385.0M | 366.0M |
| Short Term Borrowings | 72.0M | 109.0M | 85.1M | 80.1M | 25.0M | 21.0M | 42.0M | 50.6M | 50.0M | 54.0M | 72.0M | 103.0M | 108.0M |
| Accounts Payable | 64.9M | 48.8M | 57.4M | 55.6M | 90.6M | 44.0M | 34.0M | 41.2M | 37.1M | -- | 13.9M | 20.2M | 27.3M |
| Advance Receipts | 91,700 | 91,700 | -- | 339,300 | 63,700 | 1.7M | 3.1M | 2.4M | 1.9M | 2.1M | 2.7M | 2.2M | 1.9M |
| Contract Liabilities | 2.9M | 4.3M | 2.9M | 3.1M | 2.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 198.0M | 238.0M | 224.0M | 240.0M | 249.0M | 123.0M | 133.0M | 154.0M | 132.0M | 101.0M | 123.0M | 154.0M | 151.0M |
| Long Term Borrowings | -- | 25.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 23.6M | 60.0M | 23.2M | 8.3M | 9.2M | 6.4M | 4.1M | 4.7M | 552,000 | 690,000 | 828,000 | 966,000 | 1.1M |
| Total Liabilities | 222.0M | 298.0M | 247.0M | 248.0M | 258.0M | 130.0M | 137.0M | 159.0M | 133.0M | 102.0M | 124.0M | 155.0M | 152.0M |
| Paid In Capital | 218.0M | 175.0M | 146.0M | 121.0M | 101.0M | 63.2M | 63.2M | 63.2M | 63.2M | 63.2M | 63.2M | 63.2M | 63.2M |
| Capital Reserve | 242.0M | 289.0M | 318.0M | 342.0M | 362.0M | 64.4M | 64.4M | 64.4M | 64.4M | 64.4M | 64.4M | 64.4M | 64.4M |
| Surplus Reserve | 65.6M | 60.9M | 55.2M | 49.9M | 42.5M | 37.3M | 31.1M | 26.5M | 21.9M | 17.0M | 14.9M | 9.5M | 8.6M |
| Retained Earnings | 494.0M | 475.0M | 459.0M | 433.0M | 365.0M | 317.0M | 275.0M | 228.0M | 173.0M | 140.0M | 118.0M | 90.8M | 76.4M |
| Minority Equity | 23.4M | 36.7M | 34.2M | 14.9M | 11.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.0B | 1.0B | 991.0M | 958.0M | 882.0M | 493.0M | 444.0M | 391.0M | 331.0M | 290.0M | 264.0M | 230.0M | 214.0M |
| Total Equity | 1.1B | 1.1B | 1.0B | 973.0M | 894.0M | 493.0M | 444.0M | 391.0M | 331.0M | 290.0M | 264.0M | 230.0M | 214.0M |
| 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 | 673.0M | 667.0M | 746.0M | 795.0M | 396.0M | 370.0M | 397.0M | 339.0M | 266.0M | 252.0M | 292.0M | 230.0M | 221.0M |
| Tax Refunds Received | 14.6M | 13.2M | 14.2M | 13.3M | 9.8M | 9.7M | 7.2M | 6.1M | 3.6M | 4.2M | 4.0M | 3.7M | 4.1M |
| Total Operating Cash Inflow | 700.0M | 711.0M | 770.0M | 822.0M | 425.0M | 394.0M | 408.0M | 354.0M | 272.0M | 261.0M | 298.0M | 238.0M | 233.0M |
| Cash Paid For Goods | 401.0M | 379.0M | 407.0M | 536.0M | 241.0M | 152.0M | 155.0M | 144.0M | 103.0M | 85.2M | 117.0M | 107.0M | 88.3M |
| Cash Paid To Employees | 164.0M | 155.0M | 146.0M | 157.0M | 114.0M | 114.0M | 117.0M | 103.0M | 81.7M | 77.7M | 73.9M | 68.3M | 64.1M |
| Taxes Paid | 25.4M | 19.5M | 28.1M | 32.0M | 22.0M | 18.9M | 34.6M | 28.1M | 15.3M | 23.7M | 21.1M | 16.0M | 20.4M |
| Total Operating Cash Outflow | 630.0M | 597.0M | 612.0M | 765.0M | 405.0M | 316.0M | 340.0M | 306.0M | 223.0M | 203.0M | 229.0M | 208.0M | 191.0M |
| Operating Cash Flow | 69.5M | 113.0M | 157.0M | 56.9M | 20.1M | 78.2M | 68.1M | 47.9M | 48.8M | 57.6M | 69.6M | 30.6M | 42.1M |
| Total Investing Cash Inflow | 37.5M | 654,100 | 33.9M | 706.0M | 554.0M | 67.7M | 64.6M | 39.5M | 900,000 | 1.0M | 967,100 | 164,900 | 243,700 |
| Total Investing Cash Outflow | 154.0M | 97.5M | 138.0M | 676.0M | 879.0M | 107.0M | 94.7M | 64.2M | 34.7M | 27.5M | 19.5M | 12.7M | 109.0M |
| Investing Cash Flow | -116.0M | -96.9M | -104.0M | 29.3M | -325.0M | -38.9M | -30.1M | -24.7M | -33.8M | -26.4M | -18.5M | -12.5M | -108.0M |
| Cash From Borrowings | 148.0M | 147.0M | 158.0M | 110.0M | 30.0M | 43.0M | 71.0M | 95.6M | 58.0M | 180.0M | 188.0M | 224.0M | 235.0M |
| Dividends And Interest Paid | 46.3M | 40.2M | 34.7M | 29.1M | 21.4M | 20.7M | 18.5M | 13.2M | 8.8M | 10.2M | 11.0M | 11.9M | 13.4M |
| Debt Repayments | 215.0M | 94.0M | 163.0M | 45.0M | 26.0M | 64.0M | 79.6M | 95.0M | 62.0M | 199.0M | 219.0M | 230.0M | 168.0M |
| Total Financing Cash Inflow | 148.0M | 151.0M | 162.0M | 115.0M | 388.0M | 43.0M | 71.0M | 95.6M | 58.0M | 180.0M | 188.0M | 224.0M | 236.0M |
| Total Financing Cash Outflow | 268.0M | 152.0M | 206.0M | 79.7M | 62.2M | 89.8M | 98.7M | 108.0M | 72.9M | 209.0M | 230.0M | 242.0M | 183.0M |
| Financing Cash Flow | -120.0M | -1.0M | -44.4M | 35.3M | 326.0M | -46.8M | -27.7M | -12.6M | -14.9M | -28.7M | -41.9M | -17.5M | 53.1M |
| Net Change In Cash | -166.0M | 16.7M | 11.4M | 120.0M | 20.8M | -7.7M | 10.3M | 10.2M | 297,800 | 3.0M | 8.9M | -114,700 | -13.5M |
| Ending Cash Balance | 44.0M | 210.0M | 194.0M | 182.0M | 62.7M | 41.9M | 49.6M | 39.3M | 29.1M | 28.8M | 25.8M | 17.0M | 17.1M |
| Capex | 64.2M | 77.0M | 136.0M | 117.0M | 74.8M | 36.6M | 30.7M | 25.2M | 34.7M | 26.9M | 18.4M | 12.7M | 109.0M |