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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 872.0M | 685.0M | 600.0M | 632.0M | 594.0M | 420.0M | 352.0M | 375.0M | 371.0M | 338.0M |
| Revenue Growth % | -0.8% | 24.4% | 27.3% | 14.2% | -5.1% | 6.4% | 41.4% | 19.3% | -6.1% | 1.1% | 9.8% | -- |
| Total Revenue | 1.1B | 1.1B | 872.0M | 685.0M | 600.0M | 632.0M | 594.0M | 420.0M | 352.0M | 375.0M | 371.0M | 338.0M |
| Cost Of Revenue | 862.0M | 897.0M | 698.0M | 565.0M | 463.0M | 483.0M | 454.0M | 323.0M | 268.0M | 283.0M | 280.0M | 261.0M |
| Gross Profit | 214.0M | 188.0M | 174.0M | 120.0M | 137.0M | 149.0M | 140.0M | 97.0M | 84.0M | 92.0M | 91.0M | 77.0M |
| Gross Margin % | 19.9% | 17.3% | 20.0% | 17.5% | 22.8% | 23.6% | 23.6% | 23.1% | 23.9% | 24.5% | 24.5% | 22.8% |
| Total Operating Cost | 976.0M | 1.0B | 786.0M | 639.0M | 535.0M | 562.0M | 527.0M | 377.0M | 324.0M | 328.0M | 325.0M | 304.0M |
| Selling Expenses | 22.8M | 18.7M | 15.6M | 17.1M | 16.0M | 20.0M | 19.9M | 17.9M | 13.6M | 13.2M | 11.8M | 7.1M |
| Admin Expenses | 30.7M | 28.7M | 24.3M | 20.4M | 19.1M | 17.5M | 15.6M | 12.0M | 18.1M | 25.6M | 27.2M | 30.8M |
| Rd Expenses | 50.4M | 52.1M | 40.0M | 32.3M | 29.6M | 32.2M | 31.7M | 20.6M | 18.3M | -- | -- | -- |
| Finance Expenses | 2.8M | 1.1M | -3.7M | -460,300 | 4.6M | 2.5M | 4.5M | 3.6M | 1.6M | 4.0M | 3.8M | 3.0M |
| Operating Income | 106.0M | 87.8M | 87.8M | 47.3M | 65.9M | 70.4M | 67.9M | 81.7M | 27.8M | 47.4M | 46.3M | 33.7M |
| Operating Margin % | 9.9% | 8.1% | 10.1% | 6.9% | 11.0% | 11.1% | 11.4% | 19.4% | 7.9% | 12.6% | 12.5% | 10.0% |
| Non Operating Income | 687,700 | 2.1M | 915,700 | 3.0M | 2.5M | 3.4M | 903,700 | 7.8M | 1.5M | 3.8M | 3.5M | 895,500 |
| Non Operating Expenses | 809,300 | 89,300 | 96,700 | 142,500 | 196,600 | 820,900 | 95,400 | 177,500 | 36,100 | 72,400 | 94,800 | 55,200 |
| Investment Income | -- | 907,400 | 183,200 | 639,100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -30,000 | 30,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 400.00 | 66,800 | 88,100 | -17,300 | 207,900 | -324,900 | 3,900 | 37.5M | -205,700 | -- | -- | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- | -- | -1.9M | -2.4M | 3.4M | 1.7M | 1.4M | 2.1M |
| Other Income | 6.1M | 6.6M | 1.4M | 1.2M | 801,200 | 637,900 | 1.7M | 402,500 | -- | -- | -- | -- |
| Income Before Tax | 106.0M | 89.8M | 88.7M | 50.1M | 68.2M | 72.9M | 68.7M | 89.3M | 29.3M | 51.1M | 49.7M | 34.5M |
| Income Tax | 10.6M | 7.3M | 8.7M | 4.0M | 7.1M | 9.0M | 7.7M | 13.0M | 4.6M | 6.4M | 6.5M | 6.3M |
| Net Income | 95.5M | 82.5M | 80.0M | 46.1M | 61.1M | 64.0M | 61.0M | 76.3M | 24.8M | 44.7M | 43.2M | 28.2M |
| Net Margin % | 8.9% | 7.6% | 9.2% | 6.7% | 10.2% | 10.1% | 10.3% | 18.2% | 7.0% | 11.9% | 11.6% | 8.3% |
| Net Income Attributable | 95.5M | 82.5M | 80.0M | 46.1M | 61.1M | 64.0M | 61.0M | 76.3M | 24.8M | 44.7M | 43.2M | 28.2M |
| Eps Basic | 0.29 | 0.25 | 0.34 | 0.32 | 0.68 | 0.71 | 0.68 | 0.85 | 0.28 | 0.50 | 0.48 | 0.51 |
| Eps Diluted | 0.29 | 0.25 | 0.34 | 0.32 | 0.68 | 0.71 | 0.68 | 0.85 | 0.28 | 0.50 | 0.48 | 0.51 |
| 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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 119.0M | 121.0M | 127.0M | 208.0M | 52.1M | 47.1M | 14.0M | 5.3M | 13.4M | 8.4M | 28.5M | 3.2M |
| Trading Financial Assets | -- | -- | 80.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 318.0M | 342.0M | 315.0M | 229.0M | 214.0M | 212.0M | 198.0M | 180.0M | 194.0M | 124.0M | 130.0M | 122.0M |
| Notes Receivable | 185.0M | 115.0M | 141.0M | 111.0M | 68.1M | 83.3M | 116.0M | 44.0M | 38.5M | 31.4M | 18.7M | 4.2M |
| Notes And Accounts Receivable | 503.0M | 457.0M | 457.0M | 340.0M | 282.0M | 295.0M | 315.0M | 224.0M | 232.0M | 156.0M | 148.0M | 127.0M |
| Prepayments | 15.8M | 25.7M | 23.2M | 25.5M | 11.7M | 11.4M | 8.8M | 10.4M | 8.7M | 15.3M | 11.5M | 9.8M |
| Inventory | 376.0M | 336.0M | 309.0M | 246.0M | 155.0M | 151.0M | 159.0M | 145.0M | 116.0M | 140.0M | 134.0M | 88.2M |
| Total Current Assets | 1.1B | 1.1B | 1.1B | 910.0M | 553.0M | 542.0M | 500.0M | 391.0M | 377.0M | 328.0M | 338.0M | 236.0M |
| Fixed Assets | -- | 163.0M | 154.0M | 158.0M | 152.0M | 156.0M | 153.0M | 155.0M | -- | 75.6M | 72.2M | 60.1M |
| Fixed Assets Total | 397.0M | 163.0M | 154.0M | 158.0M | 152.0M | 156.0M | 153.0M | 155.0M | 68.3M | 75.6M | 72.2M | 60.1M |
| Construction In Progress | -- | 244.0M | 28.2M | 6.3M | 7.2M | 9.4M | 1.8M | 1.1M | -- | -- | -- | 3.2M |
| Construction In Progress Total | 301.0M | 244.0M | 28.2M | 6.3M | 7.2M | 9.4M | 1.8M | 1.1M | 42.6M | -- | -- | 3.2M |
| Intangible Assets | 31.3M | 32.2M | 32.8M | 15.2M | 15.5M | 15.7M | 16.2M | 16.8M | 14.6M | 14.6M | 14.9M | 15.3M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | 30,900 | 70,200 | 109,500 | 188,600 | 321,700 | -- | -- |
| Total Non Current Assets | 745.0M | 546.0M | 249.0M | 211.0M | 183.0M | 189.0M | 182.0M | 193.0M | 134.0M | 99.4M | 91.4M | 81.2M |
| Total Assets | 1.9B | 1.6B | 1.4B | 1.1B | 736.0M | 732.0M | 683.0M | 584.0M | 512.0M | 428.0M | 430.0M | 317.0M |
| Short Term Borrowings | 160.0M | 100.0M | 100.0M | -- | 55.0M | 80.0M | 62.0M | 43.0M | 51.0M | 56.0M | 70.0M | 25.0M |
| Accounts Payable | 224.0M | 207.0M | 65.4M | 64.0M | 54.5M | 60.7M | 79.2M | 94.3M | 51.1M | 68.4M | 82.9M | 70.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 7.7M | 8.9M | 9.0M | 8.6M | 9.2M | 5.4M | 6.7M |
| Contract Liabilities | 5.8M | 10.3M | 10.1M | 4.7M | 4.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 638.0M | 566.0M | 423.0M | 247.0M | 200.0M | 243.0M | 235.0M | 185.0M | 155.0M | 138.0M | 190.0M | 118.0M |
| Long Term Borrowings | 136.0M | 26.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 153.0M | 45.3M | 9.7M | 10.7M | 11.6M | 9.9M | 10.6M | 9.3M | 43.3M | 13.2M | 7.7M | 7.9M |
| Total Liabilities | 791.0M | 612.0M | 433.0M | 257.0M | 211.0M | 253.0M | 245.0M | 195.0M | 199.0M | 151.0M | 198.0M | 126.0M |
| Paid In Capital | 328.0M | 234.0M | 156.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 31.0M |
| Capital Reserve | 197.0M | 291.0M | 369.0M | 405.0M | 124.0M | 124.0M | 124.0M | 124.0M | 124.0M | 124.0M | 124.0M | 60.9M |
| Surplus Reserve | 57.2M | 50.9M | 43.4M | 37.5M | 33.8M | 28.9M | 22.7M | 17.2M | 10.0M | 6.2M | 2.2M | 9.9M |
| Retained Earnings | 485.0M | 414.0M | 358.0M | 302.0M | 277.0M | 236.0M | 200.0M | 158.0M | 88.6M | 56.2M | 15.6M | 88.9M |
| Equity Attributable | 1.1B | 989.0M | 926.0M | 864.0M | 525.0M | 479.0M | 437.0M | 389.0M | 313.0M | 276.0M | 232.0M | 191.0M |
| Total Equity | 1.1B | 989.0M | 926.0M | 864.0M | 525.0M | 479.0M | 437.0M | 389.0M | 313.0M | 276.0M | 232.0M | 191.0M |
| 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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 660.0M | 572.0M | 456.0M | 496.0M | 400.0M | 380.0M | 369.0M | 278.0M | 231.0M | 267.0M | 268.0M | 237.0M |
| Tax Refunds Received | 9.6M | 2.9M | 590,000 | 4.2M | 1.8M | 412,900 | 1.1M | 2.6M | 383,800 | 1.4M | 1.6M | 369,600 |
| Total Operating Cash Inflow | 675.0M | 601.0M | 465.0M | 505.0M | 411.0M | 386.0M | 374.0M | 296.0M | 233.0M | 294.0M | 283.0M | 271.0M |
| Cash Paid For Goods | 428.0M | 446.0M | 372.0M | 431.0M | 233.0M | 201.0M | 242.0M | 198.0M | 143.0M | 168.0M | 226.0M | 210.0M |
| Cash Paid To Employees | 142.0M | 129.0M | 105.0M | 98.4M | 78.7M | 84.6M | 70.3M | 57.8M | 52.6M | 46.8M | 45.8M | 28.4M |
| Taxes Paid | 18.9M | 28.9M | 20.0M | 13.6M | 26.1M | 25.3M | 28.2M | 13.2M | 16.0M | 21.5M | 15.5M | 16.5M |
| Total Operating Cash Outflow | 615.0M | 623.0M | 515.0M | 589.0M | 361.0M | 341.0M | 357.0M | 285.0M | 239.0M | 268.0M | 313.0M | 295.0M |
| Operating Cash Flow | 60.3M | -22.3M | -49.8M | -84.0M | 50.2M | 44.8M | 17.4M | 11.2M | -5.8M | 25.6M | -30.0M | -24.1M |
| Total Investing Cash Inflow | 710,400 | 81.0M | 20.2M | 181.0M | 342,200 | 336,100 | 3.8M | 15.8M | 17.0M | 4.0M | 10,000 | 172,900 |
| Total Investing Cash Outflow | 186.0M | 89.4M | 131.0M | 208.0M | 3.2M | 5.5M | 21.8M | 10.9M | 16.2M | 6.7M | 12.4M | 25.3M |
| Investing Cash Flow | -185.0M | -8.5M | -111.0M | -27.0M | -2.8M | -5.2M | -18.1M | 4.8M | 824,300 | -2.7M | -12.4M | -25.1M |
| Cash From Borrowings | 275.0M | 127.0M | 100.0M | 15.0M | 55.0M | 116.0M | 168.0M | 58.0M | 99.0M | 61.0M | 90.0M | 35.0M |
| Dividends And Interest Paid | 25.2M | 21.3M | 19.4M | 19.2M | 18.2M | 33.2M | 9.4M | 3.0M | 12.3M | 29.0M | 19.7M | 2.8M |
| Debt Repayments | 100.0M | 100.0M | -- | 70.0M | 80.0M | 98.0M | 149.0M | 66.0M | 89.0M | 75.0M | 45.0M | 47.6M |
| Total Financing Cash Inflow | 275.0M | 127.0M | 100.0M | 339.0M | 55.0M | 116.0M | 168.0M | 58.0M | 99.0M | 61.0M | 133.0M | 100.0M |
| Total Financing Cash Outflow | 125.0M | 121.0M | 19.4M | 100.0M | 98.2M | 131.0M | 158.0M | 69.0M | 101.0M | 104.0M | 64.7M | 50.4M |
| Financing Cash Flow | 150.0M | 5.6M | 80.6M | 239.0M | -43.2M | -15.2M | 9.6M | -11.0M | -2.3M | -43.0M | 68.3M | 49.6M |
| Net Change In Cash | 26.3M | -24.7M | -79.5M | 127.0M | 3.2M | 24.6M | 8.8M | 4.6M | -7.0M | -20.1M | 25.3M | 271,200 |
| Ending Cash Balance | 91.0M | 64.7M | 89.4M | 169.0M | 41.8M | 38.6M | 14.0M | 5.3M | 680,200 | 8.4M | 28.5M | 3.2M |
| Capex | 186.0M | 89.4M | 31.5M | 28.0M | 3.2M | 5.5M | 21.4M | 10.4M | 12.2M | 6.7M | 12.4M | 12.3M |