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 | 933.0M | 1.1B | 1.0B | 688.0M | 470.0M | 452.0M | 456.0M | 301.0M | 224.0M | 228.0M | 225.0M | 234.0M | 208.0M |
| Revenue Growth % | -16.0% | 9.7% | 47.2% | 46.4% | 4.0% | -0.9% | 51.5% | 34.4% | -1.8% | 1.3% | -3.8% | 12.5% | -- |
| Total Revenue | 933.0M | 1.1B | 1.0B | 688.0M | 470.0M | 452.0M | 456.0M | 301.0M | 224.0M | 228.0M | 225.0M | 234.0M | 208.0M |
| Cost Of Revenue | 765.0M | 845.0M | 770.0M | 500.0M | 325.0M | 289.0M | 289.0M | 194.0M | 150.0M | 149.0M | 138.0M | 142.0M | 123.0M |
| Gross Profit | 168.0M | 266.0M | 243.0M | 188.0M | 145.0M | 163.0M | 167.0M | 107.0M | 74.0M | 79.0M | 87.0M | 92.0M | 85.0M |
| Gross Margin % | 18.0% | 23.9% | 24.0% | 27.3% | 30.9% | 36.1% | 36.6% | 35.5% | 33.0% | 34.6% | 38.7% | 39.3% | 40.9% |
| Total Operating Cost | 923.0M | 1.0B | 908.0M | 600.0M | 410.0M | 378.0M | 380.0M | 266.0M | 211.0M | 212.0M | 197.0M | 195.0M | 171.0M |
| Selling Expenses | 55.2M | 52.8M | 46.7M | 40.7M | 31.4M | 39.4M | 37.1M | 30.4M | 27.9M | 27.9M | 23.2M | 22.3M | 18.9M |
| Admin Expenses | 36.1M | 35.1M | 26.6M | 20.8M | 22.1M | 15.8M | 15.7M | 14.0M | 11.8M | 12.2M | 22.8M | 20.8M | 19.5M |
| Rd Expenses | 37.8M | 42.7M | 36.0M | 27.7M | 16.0M | 15.6M | 15.5M | 10.8M | 9.0M | 9.5M | -- | -- | -- |
| Finance Expenses | 1.6M | -1.3M | 1.6M | 464,700 | 2.4M | 3.9M | 3.9M | 4.7M | 4.3M | 4.6M | 4.7M | 4.0M | 4.1M |
| Operating Income | 16.1M | 116.0M | 118.0M | 95.9M | 66.8M | 77.1M | 77.1M | 37.2M | 13.0M | 16.3M | 28.3M | 39.0M | 37.7M |
| Operating Margin % | 1.7% | 10.4% | 11.6% | 13.9% | 14.2% | 17.0% | 16.9% | 12.4% | 5.8% | 7.2% | 12.6% | 16.6% | 18.1% |
| Non Operating Income | 22.00 | 2.7M | -- | 200.00 | 4.8M | 1.0M | 6.0M | 117,300 | 6.9M | 710,300 | 3.1M | 1.3M | 830,300 |
| Non Operating Expenses | 779,500 | 200,000 | 220,000 | 2,800 | 451,900 | 25,000 | 91,100 | 84,200 | 198,700 | 418,700 | 196,000 | 2.5M | 760,000 |
| Investment Income | -889,400 | -423,700 | 10.5M | 3.7M | 3.6M | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | 2.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 324,400 | -155,900 | -473,000 | -625,800 | -700,000 | -3,500 | -4,600 | -85,200 | -279,100 | -13,600 | -- | -- | -- |
| Asset Impairment Loss | 1.0M | -- | -- | -- | 1.1M | -- | 14.3M | 8.2M | 4.8M | 6.1M | 5.6M | 3.8M | 2.7M |
| Other Income | 6.7M | 8.4M | 2.9M | 2.4M | 4.5M | 3.0M | 848,500 | 1.5M | -- | -- | -- | -- | -- |
| Income Before Tax | 15.3M | 119.0M | 118.0M | 95.9M | 71.1M | 78.0M | 83.0M | 37.3M | 19.7M | 16.6M | 31.3M | 37.8M | 37.7M |
| Income Tax | -463,800 | 11.6M | 10.9M | 10.7M | 9.1M | 10.3M | 11.0M | 5.7M | 2.5M | 2.3M | 4.3M | 5.1M | 5.7M |
| Net Income | 15.8M | 107.0M | 107.0M | 85.3M | 62.1M | 67.8M | 72.0M | 31.5M | 17.2M | 14.3M | 26.9M | 32.7M | 32.0M |
| Net Margin % | 1.7% | 9.6% | 10.6% | 12.4% | 13.2% | 15.0% | 15.8% | 10.5% | 7.7% | 6.3% | 12.0% | 14.0% | 15.4% |
| Net Income Attributable | 18.3M | 107.0M | 107.0M | 85.3M | 62.1M | 67.8M | 72.0M | 31.5M | 17.2M | 14.3M | 26.9M | 32.7M | 32.0M |
| Minority Interest | -2.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.13 | 0.78 | 0.78 | 0.63 | 0.52 | 0.66 | 0.70 | 0.31 | 0.17 | 0.14 | 0.54 | 0.65 | 0.70 |
| Eps Diluted | 0.13 | 0.78 | 0.78 | 0.63 | 0.52 | 0.66 | 0.70 | 0.31 | 0.17 | 0.14 | 0.54 | 0.65 | 0.70 |
| 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 | 92.3M | 106.0M | 143.0M | 62.4M | 121.0M | 19.1M | 28.4M | 11.8M | 6.8M | 6.7M | 8.4M | 10.1M | 16.3M |
| Trading Financial Assets | -- | -- | -- | 164.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 699.0M | 690.0M | 558.0M | 369.0M | 273.0M | 259.0M | 206.0M | 144.0M | 146.0M | -- | 124.0M | 108.0M | 96.6M |
| Notes Receivable | 12.1M | 2.4M | 8.4M | 4.7M | 3.3M | 1.2M | 46.7M | 75.0M | 28.1M | -- | 24.9M | 21.4M | 2.6M |
| Notes And Accounts Receivable | 711.0M | 692.0M | 566.0M | 374.0M | 276.0M | 260.0M | 253.0M | 219.0M | 174.0M | 164.0M | 149.0M | 129.0M | 99.2M |
| Prepayments | 8.8M | 6.5M | 7.7M | 14.9M | 8.4M | 3.6M | 2.9M | 2.8M | 895,900 | 2.2M | 2.2M | 3.9M | 1.6M |
| Inventory | 215.0M | 199.0M | 199.0M | 175.0M | 118.0M | 84.9M | 99.6M | 89.9M | 67.3M | 65.5M | 56.2M | 59.3M | 64.4M |
| Total Current Assets | 1.1B | 1.0B | 1.0B | 836.0M | 772.0M | 448.0M | 391.0M | 329.0M | 255.0M | 246.0M | 225.0M | 215.0M | 189.0M |
| Long Term Equity Investment | 15.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 322.0M | 344.0M | 124.0M | 128.0M | 127.0M | 111.0M | 117.0M | -- | -- | 95.9M | 77.8M | 21.5M |
| Fixed Assets Total | 323.0M | 322.0M | 344.0M | 124.0M | 128.0M | 127.0M | 111.0M | 117.0M | 120.0M | 99.0M | 95.9M | 77.8M | 21.5M |
| Construction In Progress | -- | 1.1M | 2.0M | 138.0M | 21.6M | 2.2M | 10.2M | 448,900 | -- | -- | 10.8M | 7.7M | 46.7M |
| Construction In Progress Total | -- | 1.1M | 2.0M | 138.0M | 21.6M | 2.2M | 10.2M | 448,900 | 893,600 | 13.6M | 10.8M | 7.7M | 46.7M |
| Intangible Assets | 42.4M | 43.1M | 43.9M | 44.7M | 46.0M | 30.5M | 19.8M | 20.4M | 16.8M | 17.0M | 17.5M | 17.9M | 12.2M |
| Long Term Deferred Expenses | 4.7M | 5.0M | 5.4M | 2.8M | 2.8M | 1.2M | 38,300 | 88,200 | 138,000 | 187,900 | 152,200 | -- | 4.3M |
| Total Non Current Assets | 468.0M | 417.0M | 412.0M | 402.0M | 207.0M | 171.0M | 155.0M | 145.0M | 143.0M | 134.0M | 128.0M | 106.0M | 86.6M |
| Total Assets | 1.5B | 1.5B | 1.4B | 1.2B | 979.0M | 619.0M | 546.0M | 474.0M | 398.0M | 380.0M | 353.0M | 321.0M | 275.0M |
| Short Term Borrowings | 77.4M | 27.0M | 37.9M | 71.8M | 33.9M | 60.0M | 54.4M | 62.4M | 81.5M | 76.7M | 60.9M | 56.8M | 36.6M |
| Accounts Payable | 264.0M | 246.0M | 206.0M | 156.0M | 96.2M | 78.7M | 69.6M | 60.4M | 47.5M | -- | 44.0M | 38.9M | 34.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 5.6M | 13.4M | 19.7M | 5.1M | 5.9M | 8.8M | 13.6M | 24.7M |
| Contract Liabilities | 28.6M | 27.9M | 40.7M | 34.3M | 12.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 539.0M | 440.0M | 476.0M | 398.0M | 203.0M | 215.0M | 195.0M | 195.0M | 143.0M | 135.0M | 127.0M | 118.0M | 104.0M |
| Long Term Borrowings | 8.0M | 5.0M | 13.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 14.2M | 8.1M | 16.9M | 1.9M | 2.4M | 17.4M | 17.0M | 1.5M | 1.7M | 3.7M | 6.3M | 3.8M | 5.6M |
| Total Liabilities | 553.0M | 449.0M | 493.0M | 400.0M | 206.0M | 232.0M | 212.0M | 197.0M | 145.0M | 139.0M | 134.0M | 122.0M | 109.0M |
| Paid In Capital | 138.0M | 137.0M | 136.0M | 136.0M | 136.0M | 102.0M | 102.0M | 102.0M | 51.1M | 51.1M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 373.0M | 369.0M | 355.0M | 353.0M | 353.0M | 62.9M | 62.8M | 62.5M | 114.0M | 114.0M | 102.0M | 102.0M | 102.0M |
| Surplus Reserve | 65.9M | 63.7M | 53.0M | 42.3M | 33.8M | 27.6M | 20.8M | 13.6M | 10.5M | 8.8M | 7.3M | 4.6M | 1.4M |
| Retained Earnings | 418.0M | 437.0M | 375.0M | 306.0M | 250.0M | 194.0M | 148.0M | 98.7M | 78.0M | 67.7M | 59.9M | 41.7M | 12.3M |
| Minority Equity | -7.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 995.0M | 1.0B | 919.0M | 838.0M | 773.0M | 387.0M | 334.0M | 277.0M | 253.0M | 241.0M | 219.0M | 199.0M | 166.0M |
| Total Equity | 987.0M | 1.0B | 919.0M | 838.0M | 773.0M | 387.0M | 334.0M | 277.0M | 253.0M | 241.0M | 219.0M | 199.0M | 166.0M |
| 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 | 998.0M | 1.1B | 933.0M | 702.0M | 527.0M | 407.0M | 464.0M | 302.0M | 240.0M | 239.0M | 223.0M | 224.0M | 226.0M |
| Tax Refunds Received | -- | -- | 100,000 | -- | -- | -- | -- | 59,400 | 372,900 | 1.3M | 386,000 | 312,600 | 923,100 |
| Total Operating Cash Inflow | 1.0B | 1.1B | 972.0M | 719.0M | 548.0M | 420.0M | 478.0M | 305.0M | 250.0M | 245.0M | 227.0M | 226.0M | 228.0M |
| Cash Paid For Goods | 783.0M | 863.0M | 689.0M | 481.0M | 350.0M | 235.0M | 287.0M | 154.0M | 140.0M | 158.0M | 118.0M | 137.0M | 130.0M |
| Cash Paid To Employees | 125.0M | 114.0M | 108.0M | 89.0M | 68.7M | 63.2M | 60.1M | 47.4M | 40.9M | 37.9M | 35.1M | 33.7M | 29.5M |
| Taxes Paid | 37.6M | 43.7M | 33.1M | 31.6M | 27.7M | 38.8M | 38.3M | 22.3M | 19.0M | 20.3M | 16.8M | 22.7M | 23.5M |
| Total Operating Cash Outflow | 1.1B | 1.1B | 925.0M | 668.0M | 495.0M | 382.0M | 425.0M | 257.0M | 227.0M | 248.0M | 201.0M | 219.0M | 211.0M |
| Operating Cash Flow | -5.2M | 13.9M | 47.1M | 51.2M | 52.6M | 37.8M | 52.9M | 48.2M | 22.8M | -3.1M | 26.1M | 7.5M | 16.5M |
| Total Investing Cash Inflow | 12.2M | 37.3M | 402.0M | 256.0M | 24.3M | 103,200 | 28,000 | 78,500 | 43,800 | 1.4M | 4.7M | 3.5M | 1.4M |
| Total Investing Cash Outflow | 42.3M | 44.1M | 315.0M | 409.0M | 272.0M | 30.6M | 20.3M | 16.7M | 16.1M | 16.2M | 29.4M | 30.7M | 34.0M |
| Investing Cash Flow | -30.2M | -6.8M | 87.6M | -154.0M | -248.0M | -30.5M | -20.3M | -16.6M | -16.0M | -14.8M | -24.8M | -27.2M | -32.6M |
| Cash From Borrowings | 191.0M | 30.0M | 147.0M | 110.0M | 73.3M | 139.0M | 128.0M | 126.0M | 121.0M | 145.0M | 120.0M | 73.7M | 97.9M |
| Dividends And Interest Paid | 38.4M | 35.7M | 30.7M | 21.5M | 1.5M | 18.2M | 18.8M | 11.6M | 9.3M | 10.0M | 10.0M | 3.4M | 5.9M |
| Debt Repayments | 146.0M | 52.0M | 190.0M | 52.2M | 99.4M | 133.0M | 136.0M | 146.0M | 116.0M | 129.0M | 116.0M | 53.4M | 126.0M |
| Total Financing Cash Inflow | 208.0M | 53.0M | 159.0M | 112.0M | 417.0M | 139.0M | 143.0M | 126.0M | 121.0M | 158.0M | 128.0M | 73.7M | 164.0M |
| Total Financing Cash Outflow | 189.0M | 87.7M | 221.0M | 76.5M | 129.0M | 154.0M | 156.0M | 157.0M | 127.0M | 142.0M | 133.0M | 59.6M | 136.0M |
| Financing Cash Flow | 18.4M | -34.7M | -62.4M | 35.5M | 288.0M | -15.1M | -13.6M | -30.8M | -6.0M | 15.7M | -4.4M | 14.1M | 28.8M |
| Net Change In Cash | -16.7M | -27.5M | 72.4M | -67.4M | 92.1M | -7.8M | 19.0M | 550,200 | 880,900 | -1.9M | -3.2M | -5.9M | 12.4M |
| Ending Cash Balance | 70.5M | 87.2M | 115.0M | 42.3M | 110.0M | 17.6M | 25.4M | 6.4M | 5.9M | 5.0M | 6.8M | 10.0M | 15.9M |
| Capex | 24.7M | 33.9M | 112.0M | 117.0M | 57.4M | 29.5M | 20.3M | 16.3M | 15.5M | 16.2M | 29.4M | 28.9M | 34.0M |