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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 725.0M | 679.0M | 545.0M | 395.0M | 287.0M | 301.0M | 267.0M | 215.0M | 192.0M | 162.0M | 113.0M | 101.0M | 89.8M | 67.4M |
| Revenue Growth % | 6.8% | 24.6% | 38.0% | 37.6% | -4.7% | 12.7% | 24.2% | 12.0% | 18.5% | 43.4% | 11.9% | 12.4% | 33.3% | -- |
| Total Revenue | 725.0M | 679.0M | 545.0M | 395.0M | 287.0M | 301.0M | 267.0M | 215.0M | 192.0M | 162.0M | 113.0M | 101.0M | 89.8M | 67.4M |
| Cost Of Revenue | 305.0M | 278.0M | 234.0M | 163.0M | 115.0M | 111.0M | 97.8M | 86.7M | 83.9M | 65.1M | 50.8M | 38.8M | 33.6M | 27.3M |
| Gross Profit | 420.0M | 401.0M | 311.0M | 232.0M | 172.0M | 190.0M | 169.2M | 128.3M | 108.1M | 96.9M | 62.2M | 62.2M | 56.2M | 40.1M |
| Gross Margin % | 57.9% | 59.1% | 57.1% | 58.7% | 59.9% | 63.1% | 63.4% | 59.7% | 56.3% | 59.8% | 55.1% | 61.6% | 62.6% | 59.4% |
| Total Operating Cost | 540.0M | 507.0M | 431.0M | 316.0M | 225.0M | 223.0M | 195.0M | 170.0M | 153.0M | 120.0M | 89.3M | 67.6M | 60.9M | 47.8M |
| Selling Expenses | 107.0M | 105.0M | 90.0M | 72.2M | 50.4M | 55.2M | 48.2M | 39.4M | 32.6M | 28.4M | 19.0M | 12.6M | 9.8M | 7.1M |
| Admin Expenses | 55.0M | 56.9M | 55.7M | 48.7M | 35.9M | 36.9M | 30.9M | 24.2M | 23.0M | 27.1M | 19.6M | 15.5M | 13.5M | 9.1M |
| Rd Expenses | 60.6M | 56.8M | 47.8M | 31.1M | 19.7M | 18.2M | 16.6M | 15.5M | 12.2M | -- | -- | -- | -- | -- |
| Finance Expenses | -9.1M | -2.1M | -5.2M | -5.5M | 248,300 | -1.1M | -1.0M | 238,000 | -708,900 | -568,700 | -611,300 | -310,600 | -157,900 | 53,600 |
| Operating Income | 204.0M | 199.0M | 137.0M | 96.7M | 70.7M | 87.5M | 77.5M | 47.2M | 38.9M | 42.1M | 23.7M | 33.7M | 28.9M | 18.0M |
| Operating Margin % | 28.1% | 29.3% | 25.1% | 24.5% | 24.7% | 29.1% | 29.0% | 22.0% | 20.3% | 26.0% | 20.9% | 33.4% | 32.2% | 26.8% |
| Non Operating Income | 53,600 | 30,300 | 81,500 | 341,700 | 2,800 | 17,500 | 16,700 | 30,800 | 6.4M | 7.2M | 6.3M | 2.8M | 1.3M | 4.7M |
| Non Operating Expenses | 346,800 | 730,700 | 714,200 | 271,000 | 871,900 | 1.6M | 293,600 | 355,200 | 31,000 | 143,100 | 48,900 | 595,300 | 279,300 | 70,800 |
| Investment Income | 7.6M | 5.2M | 2.8M | 7.1M | -- | -- | -- | -- | -- | -- | -- | -- | -633,700 | -1.1M |
| Fair Value Change Income | 829,100 | 1.0M | -807,600 | 177,200 | -- | -- | -- | -- | -- | -- | -- | -- | 631,000 | -410,100 |
| Asset Disposal Income | -1.7M | 789,700 | 147,200 | -- | -- | 99,100 | -- | -20,200 | -200.00 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.9M | 577,500 | -- | -- | -- | -- | 1.4M | 3.9M | 1.2M | 242,300 | 324,900 | 589,900 | -315,200 | 380,900 |
| Other Income | 12.9M | 19.4M | 19.9M | 11.1M | 9.0M | 9.5M | 5.4M | 3.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 204.0M | 198.0M | 136.0M | 96.8M | 69.9M | 85.9M | 77.2M | 46.9M | 45.3M | 49.2M | 29.9M | 35.9M | 30.0M | 22.7M |
| Income Tax | 22.6M | 22.6M | 12.5M | 14.5M | 9.6M | 11.2M | 10.3M | 6.2M | 7.3M | 6.8M | 4.9M | 5.8M | 6.5M | 5.7M |
| Net Income | 181.0M | 176.0M | 124.0M | 82.3M | 60.3M | 74.7M | 67.0M | 40.7M | 38.0M | 42.4M | 25.1M | 30.1M | 23.5M | 17.0M |
| Net Margin % | 25.0% | 25.9% | 22.8% | 20.8% | 21.0% | 24.8% | 25.1% | 18.9% | 19.8% | 26.2% | 22.2% | 29.8% | 26.2% | 25.2% |
| Net Income Attributable | 176.0M | 164.0M | 119.0M | 80.1M | 60.3M | 74.7M | 67.0M | 40.3M | 36.4M | 42.5M | 25.1M | 30.1M | 23.5M | 17.0M |
| Minority Interest | 5.2M | 12.3M | 5.1M | 2.2M | -- | -- | -- | 450,600 | 1.6M | -154,200 | -58,300 | -- | -- | -- |
| Eps Basic | 1.16 | 1.01 | 1.07 | 0.74 | 1.23 | 1.53 | 1.37 | 0.84 | 0.78 | 0.91 | 0.54 | 0.69 | -- | -- |
| Eps Diluted | 1.01 | 1.00 | 1.06 | 0.74 | 1.23 | 1.53 | 1.37 | 0.84 | 0.78 | 0.91 | 0.54 | 0.69 | -- | -- |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 130.0M | 353.0M | 429.0M | 408.0M | 88.2M | 87.4M | 128.0M | 81.2M | 62.1M | 77.8M | 35.6M | 68.9M | 35.8M | 15.9M |
| Trading Financial Assets | 427.0M | 246.0M | 139.0M | 170.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.3M |
| Accounts Receivable | 312.0M | 247.0M | 191.0M | 149.0M | 70.5M | 62.5M | 38.7M | 23.1M | 19.6M | 3.9M | 3.3M | 10.3M | 4.7M | 1.8M |
| Notes Receivable | 11.3M | 11.4M | 13.2M | 6.1M | 1.7M | 1.1M | 1.8M | 968,600 | -- | 17.4M | 10.2M | 12.2M | -- | -- |
| Notes And Accounts Receivable | 324.0M | 259.0M | 204.0M | 155.0M | 72.2M | 63.6M | 40.6M | 24.0M | 19.6M | 21.3M | 13.5M | 22.4M | 4.7M | 1.8M |
| Prepayments | 4.2M | 4.0M | 6.6M | 8.5M | 7.7M | 7.1M | 4.3M | 1.5M | 2.1M | -- | -- | -- | 6.5M | 10.0M |
| Inventory | 47.3M | 56.4M | 51.7M | 36.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 977.0M | 1.2B | 853.0M | 801.0M | 182.0M | 167.0M | 179.0M | 115.0M | 92.8M | 104.0M | 55.0M | 92.0M | 47.5M | 33.2M |
| Fixed Assets | -- | 336.0M | 328.0M | 307.0M | 124.0M | 125.0M | 123.0M | 132.0M | -- | 94.1M | 76.9M | 45.3M | 37.2M | 29.2M |
| Fixed Assets Total | 365.0M | 336.0M | 328.0M | 307.0M | 124.0M | 125.0M | 123.0M | 132.0M | 97.1M | 94.1M | 76.9M | 45.3M | 37.2M | 29.2M |
| Construction In Progress | -- | 176.0M | 101.0M | 8.4M | 106.0M | 47.6M | 985,500 | 185,200 | -- | 754,300 | 1.8M | 11.1M | -- | -- |
| Construction In Progress Total | 251.0M | 176.0M | 101.0M | 8.4M | 106.0M | 47.6M | 985,500 | 185,200 | 15.3M | 754,300 | 1.8M | 11.1M | -- | -- |
| Intangible Assets | 33.7M | 37.2M | 39.4M | 42.9M | 17.0M | 17.6M | 4.9M | 5.2M | 1.1M | 1.7M | 1.5M | 24,400 | 31,700 | 16,100 |
| Long Term Deferred Expenses | 27.0M | 31.2M | 33.3M | 36.2M | 25.5M | 27.7M | 19.8M | 14.0M | 14.4M | 6.2M | 5.3M | 5.8M | 6.8M | 5.7M |
| Total Non Current Assets | 1.1B | 993.0M | 620.0M | 531.0M | 310.0M | 240.0M | 166.0M | 166.0M | 155.0M | 128.0M | 113.0M | 62.7M | 45.0M | 36.2M |
| Total Assets | 2.0B | 2.1B | 1.5B | 1.3B | 492.0M | 407.0M | 345.0M | 281.0M | 248.0M | 232.0M | 168.0M | 155.0M | 92.5M | 69.5M |
| Short Term Borrowings | 3.0M | 3.0M | 8.0M | -- | -- | -- | 1.7M | 1.9M | -- | -- | -- | 4.2M | 5.0M | -- |
| Accounts Payable | 86.3M | 58.9M | 60.1M | 49.0M | 15.4M | 16.9M | 7.5M | 7.7M | 9.6M | 2.4M | 2.4M | 1.9M | 247,900 | 2.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 7.6M | 11.4M | 12.3M | 17.8M | 2.6M | 797,700 | 454,200 | 1.9M | 3.4M |
| Contract Liabilities | 27.9M | 24.7M | 25.2M | 17.9M | 7.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 198.0M | 198.0M | 189.0M | 158.0M | 43.5M | 42.3M | 38.0M | 32.1M | 38.9M | 20.7M | 9.8M | 11.4M | 11.4M | 13.0M |
| Long Term Borrowings | 1.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 588.0M | 560.0M | 89.1M | 98.2M | 35.1M | 11.9M | 14.5M | 8.4M | 9.2M | 1.1M | 1.9M | 2.8M | 3.2M | 4.0M |
| Total Liabilities | 785.0M | 758.0M | 279.0M | 256.0M | 78.6M | 54.1M | 52.4M | 40.5M | 48.1M | 21.8M | 11.7M | 14.2M | 14.6M | 17.0M |
| Paid In Capital | 161.0M | 114.0M | 114.0M | 66.7M | 48.8M | 48.8M | 48.8M | 48.8M | 46.5M | 46.5M | 46.5M | 46.5M | 18.2M | 18.0M |
| Capital Reserve | 553.0M | 596.0M | 588.0M | 617.0M | 52.7M | 52.7M | 52.7M | 52.7M | 41.3M | 41.3M | 41.3M | 41.3M | 1.8M | -- |
| Surplus Reserve | 28.6M | 24.6M | 21.1M | 17.3M | 14.4M | 13.3M | 11.0M | 8.8M | 7.1M | 5.5M | 3.2M | 153,700 | 2.3M | 2.1M |
| Retained Earnings | 713.0M | 576.0M | 450.0M | 355.0M | 297.0M | 238.0M | 180.0M | 130.0M | 91.7M | 106.0M | 65.4M | 52.6M | 55.6M | 32.4M |
| Minority Equity | 79.2M | 76.3M | 67.0M | 61.6M | -- | -- | -- | -- | 13.2M | 11.7M | -58,500 | -- | -- | -- |
| Equity Attributable | 1.2B | 1.3B | 1.1B | 1.0B | 413.0M | 353.0M | 293.0M | 241.0M | 187.0M | 199.0M | 156.0M | 141.0M | 77.9M | 52.5M |
| Total Equity | 1.3B | 1.4B | 1.2B | 1.1B | 413.0M | 353.0M | 293.0M | 241.0M | 200.0M | 211.0M | 156.0M | 141.0M | 77.9M | 52.5M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 677.0M | 638.0M | 522.0M | 377.0M | 290.0M | 289.0M | 264.0M | 213.0M | 195.0M | 170.0M | 122.0M | 98.0M | 86.7M | 69.5M |
| Tax Refunds Received | 3.6M | 8.4M | 13.9M | 2.3M | 2,600 | -- | -- | -- | -- | -- | 266,700 | -- | -- | -- |
| Total Operating Cash Inflow | 710.0M | 663.0M | 557.0M | 396.0M | 325.0M | 299.0M | 278.0M | 216.0M | 210.0M | 186.0M | 130.0M | 102.0M | 93.0M | 78.6M |
| Cash Paid For Goods | 160.0M | 171.0M | 133.0M | 100.0M | 42.0M | 51.7M | 53.3M | 48.2M | 52.2M | 36.8M | 31.7M | 26.6M | 22.9M | 19.5M |
| Cash Paid To Employees | 204.0M | 193.0M | 172.0M | 130.0M | 89.1M | 95.3M | 84.0M | 72.3M | 59.7M | 47.3M | 34.3M | 23.3M | 21.3M | 11.4M |
| Taxes Paid | 52.6M | 39.6M | 32.0M | 24.4M | 18.5M | 17.2M | 11.6M | 11.5M | 12.3M | 6.5M | 6.2M | 8.6M | 14.4M | 8.8M |
| Total Operating Cash Outflow | 475.0M | 457.0M | 383.0M | 294.0M | 200.0M | 212.0M | 179.0M | 154.0M | 148.0M | 117.0M | 88.6M | 67.5M | 65.7M | 50.0M |
| Operating Cash Flow | 235.0M | 205.0M | 174.0M | 102.0M | 125.0M | 86.9M | 99.6M | 62.3M | 62.5M | 68.8M | 41.1M | 34.2M | 27.3M | 28.6M |
| Total Investing Cash Inflow | 924.0M | 510.0M | 258.0M | 237.0M | 480.00 | 157,000 | 3,000 | 65,300 | 100.00 | 68,600 | 16,300 | -- | 2.9M | 1.9M |
| Total Investing Cash Outflow | 1.0B | 1.2B | 379.0M | 564.0M | 123.0M | 110.0M | 37.8M | 44.8M | 59.4M | 26.8M | 60.9M | 32.4M | 17.0M | 25.2M |
| Investing Cash Flow | -119.0M | -725.0M | -121.0M | -327.0M | -123.0M | -110.0M | -37.8M | -44.7M | -59.4M | -26.7M | -60.9M | -32.4M | -14.1M | -23.3M |
| Cash From Borrowings | 4.0M | 3.0M | 8.0M | 38.2M | 20.0M | -- | 2.1M | 1.9M | -- | -- | -- | 4.2M | 5.0M | -- |
| Dividends And Interest Paid | 38.5M | 34.6M | 20.1M | 19.9M | 373,900 | 14.7M | 14.9M | 3,900 | 18.6M | -- | 9.3M | 42,800 | -- | -- |
| Debt Repayments | 3.0M | 8.0M | 1.5M | 38.2M | 20.0M | 1.7M | 2.4M | -- | -- | -- | 4.2M | 5.0M | -- | -- |
| Total Financing Cash Inflow | 4.0M | 541.0M | 15.9M | 642.0M | 20.0M | -- | 2.1M | 1.9M | -- | -- | 6.15 | 36.8M | 7.0M | -- |
| Total Financing Cash Outflow | 344.0M | 97.9M | 48.1M | 96.6M | 21.4M | 17.8M | 17.2M | 3,941 | 18.6M | -- | 13.5M | 5.5M | 200,000 | 350,000 |
| Financing Cash Flow | -340.0M | 443.0M | -32.2M | 545.0M | -1.4M | -17.8M | -15.1M | 1.9M | -18.6M | -- | -13.5M | 31.3M | 6.8M | -350,000 |
| Net Change In Cash | -223.0M | -75.9M | 20.4M | 320.0M | 813,100 | -40.9M | 47.1M | 19.1M | -15.3M | 42.2M | -33.4M | 33.1M | 20.0M | 4.9M |
| Ending Cash Balance | 129.0M | 352.0M | 428.0M | 408.0M | 88.2M | 87.4M | 128.0M | 81.2M | 62.1M | 77.8M | 35.6M | 68.9M | 35.8M | 15.9M |
| Capex | 166.0M | 131.0M | 154.0M | 152.0M | 123.0M | 110.0M | 37.8M | 44.8M | 59.4M | 25.8M | 60.9M | 32.4M | 15.4M | 23.3M |