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 | 906.0M | 999.0M | 976.0M | 958.0M | 932.0M | 832.0M | 698.0M | 464.0M | 334.0M | 562.0M | 504.0M | 400.0M |
| Revenue Growth % | -9.3% | 2.4% | 1.9% | 2.8% | 12.0% | 19.2% | 50.4% | 38.9% | -40.6% | 11.5% | 26.0% | -- |
| Total Revenue | 906.0M | 999.0M | 976.0M | 958.0M | 932.0M | 832.0M | 698.0M | 464.0M | 334.0M | 562.0M | 504.0M | 400.0M |
| Cost Of Revenue | 633.0M | 693.0M | 662.0M | 682.0M | 676.0M | 600.0M | 505.0M | 317.0M | 223.0M | 431.0M | 392.0M | 323.0M |
| Gross Profit | 273.0M | 306.0M | 314.0M | 276.0M | 256.0M | 232.0M | 193.0M | 147.0M | 111.0M | 131.0M | 112.0M | 77.0M |
| Gross Margin % | 30.1% | 30.6% | 32.2% | 28.8% | 27.5% | 27.9% | 27.7% | 31.7% | 33.2% | 23.3% | 22.2% | 19.2% |
| Total Operating Cost | 858.0M | 918.0M | 879.0M | 850.0M | 831.0M | 717.0M | 592.0M | 399.0M | 286.0M | 510.0M | 462.0M | 381.0M |
| Admin Expenses | 83.4M | 89.6M | 91.6M | 86.3M | 79.8M | 80.4M | 79.1M | 66.1M | 52.3M | 45.8M | 40.7M | 32.1M |
| Rd Expenses | 25.7M | 31.7M | 34.8M | 8.7M | 3.8M | 3.1M | 1.8M | 1.6M | 914,800 | -- | -- | -- |
| Finance Expenses | 36.4M | 26.5M | 11.1M | 11.3M | 11.5M | 7.1M | 5.2M | -3.8M | -1.1M | 1.1M | 708,400 | 3.0M |
| Operating Income | 47.7M | 82.7M | 97.0M | 110.0M | 102.0M | 117.0M | 107.0M | 65.9M | 48.2M | 51.5M | 41.8M | 19.5M |
| Operating Margin % | 5.3% | 8.3% | 9.9% | 11.5% | 10.9% | 14.1% | 15.3% | 14.2% | 14.4% | 9.2% | 8.3% | 4.9% |
| Non Operating Income | 145,600 | 5.00 | 77,600 | 3,700 | 2,600 | 49,800 | 7,500 | 54,900 | 262,500 | 109,400 | 135,800 | 246,700 |
| Non Operating Expenses | 2.4M | 5.3M | 1.4M | 372,600 | 691,500 | 296,700 | 405,400 | 109,400 | 101,400 | 436,200 | 148,300 | 53,900 |
| Investment Income | -1.8M | 280,000 | -717,100 | 26,000 | 55,700 | 67,200 | 994,800 | 932,100 | -- | -- | -296,900 | 506,600 |
| Fair Value Change Income | 374,100 | -- | -- | 218,800 | -- | 11.00 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 850,600 | -547,900 | 13,100 | 28,600 | -24,800 | -23,300 | -25,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.2M | 8.5M | -1.5M | 8.0M | 32,300 | -- | -3.0M | 14.8M | 9.7M | 14.3M | 11.8M | 9.3M |
| Other Income | 237,900 | 2.0M | 816,300 | 1.1M | 1.0M | 1.2M | 790,800 | 380,700 | -- | -- | -- | -- |
| Income Before Tax | 45.5M | 77.4M | 95.7M | 109.0M | 101.0M | 116.0M | 107.0M | 65.9M | 48.4M | 51.1M | 41.8M | 19.7M |
| Income Tax | 12.6M | 49.6M | 16.6M | 24.1M | 25.6M | 29.2M | 28.0M | 17.2M | 13.1M | 13.1M | 11.3M | 5.8M |
| Net Income | 32.9M | 27.9M | 79.2M | 85.2M | 75.9M | 87.2M | 78.8M | 48.6M | 35.3M | 38.0M | 30.5M | 13.9M |
| Net Margin % | 3.6% | 2.8% | 8.1% | 8.9% | 8.1% | 10.5% | 11.3% | 10.5% | 10.6% | 6.8% | 6.1% | 3.5% |
| Net Income Attributable | 23.5M | 21.2M | 75.2M | 84.9M | 75.9M | 87.1M | 78.6M | 48.6M | 35.3M | 38.0M | 30.5M | 13.9M |
| Minority Interest | 9.4M | 6.7M | 4.0M | 373,500 | -72,200 | 55,900 | 164,100 | -3.00 | -- | -- | -- | -- |
| Eps Basic | 0.15 | 0.13 | 0.47 | 1.04 | 0.96 | 1.10 | 0.99 | 0.63 | 0.49 | 0.53 | 0.42 | 0.20 |
| Eps Diluted | 0.15 | 0.13 | 0.47 | 1.04 | 0.96 | 1.10 | 0.99 | 0.63 | 0.49 | 0.53 | 0.42 | 0.20 |
| 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 | 234.0M | 532.0M | 246.0M | 207.0M | 161.0M | 189.0M | 181.0M | 159.0M | 97.7M | 113.0M | 85.5M | 119.0M |
| Trading Financial Assets | 180.0M | -- | -- | 125.0M | -- | 50,000 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.3B | 1.1B | 1.1B | 923.0M | 973.0M | 812.0M | 504.0M | 393.0M | 238.0M | 342.0M | 278.0M | 259.0M |
| Notes Receivable | -- | -- | 4.8M | 4.0M | 3.8M | 1.0M | 1.3M | 50,000 | 200,000 | 330,000 | -- | -- |
| Notes And Accounts Receivable | 1.3B | 1.1B | 1.1B | 927.0M | 977.0M | 813.0M | 506.0M | 393.0M | 238.0M | 342.0M | 278.0M | 259.0M |
| Prepayments | 2.4M | 941,200 | 13.8M | 603,900 | 10.6M | 9.9M | 1.4M | 2.2M | 1.6M | 3.4M | 14.2M | 11.5M |
| Inventory | 134.0M | 119.0M | 63.3M | 68.1M | 54.9M | 426.0M | 408.0M | 271.0M | 261.0M | 255.0M | 167.0M | 86.4M |
| Total Current Assets | 3.3B | 3.1B | 2.5B | 2.4B | 1.8B | 1.5B | 1.1B | 941.0M | 739.0M | 833.0M | 609.0M | 526.0M |
| Long Term Equity Investment | 43.7M | 29.6M | 20.6M | -- | -- | -- | -- | -- | -- | -- | -- | 5.1M |
| Fixed Assets | -- | 22.8M | 24.1M | 14.5M | 14.4M | 16.7M | 18.7M | 16.9M | -- | 22.2M | 24.3M | 24.3M |
| Fixed Assets Total | 20.7M | 22.8M | 24.1M | 14.5M | 14.4M | 16.7M | 18.7M | 16.9M | 17.5M | 22.2M | 24.3M | 24.3M |
| Construction In Progress | -- | 5.9M | 2.4M | -- | -- | -- | -- | -- | -- | -- | 585,700 | 469,400 |
| Construction In Progress Total | 5.3M | 5.9M | 2.4M | -- | -- | -- | -- | -- | -- | -- | 585,700 | 469,400 |
| Intangible Assets | 17.7M | 17.7M | 1.8M | 1.7M | 1.9M | 2.3M | 1.8M | 1.8M | 1.8M | 2.8M | 2.9M | 2.6M |
| Long Term Deferred Expenses | 6.1M | 1.3M | 1.8M | 918,800 | 649,200 | 1.3M | 1.8M | 620,400 | 1.0M | 632,900 | 522,600 | 374,400 |
| Total Non Current Assets | 278.0M | 246.0M | 192.0M | 147.0M | 121.0M | 70.7M | 61.1M | 47.5M | 125.0M | 91.8M | 137.0M | 70.6M |
| Total Assets | 3.6B | 3.3B | 2.6B | 2.5B | 1.9B | 1.6B | 1.2B | 989.0M | 864.0M | 925.0M | 746.0M | 596.0M |
| Short Term Borrowings | 435.0M | 319.0M | 247.0M | 202.0M | 150.0M | 102.0M | 100.0M | 44.1M | 82.1M | 114.0M | 59.0M | 37.0M |
| Accounts Payable | 1.1B | 1.0B | 938.0M | 961.0M | 839.0M | 635.0M | 452.0M | 305.0M | -- | 436.0M | 355.0M | 277.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 14.9M | 5.9M | 3.4M | 994,200 | 1.5M | -- | 5.8M |
| Contract Liabilities | 41.7M | 49.2M | 42.9M | 27.3M | 31.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.9B | 1.7B | 1.5B | 1.5B | 1.2B | 912.0M | 679.0M | 511.0M | 464.0M | 617.0M | 477.0M | 357.0M |
| Long Term Borrowings | -- | 4.5M | 6.0M | 10.0M | 24.0M | 36.0M | 6.4M | -- | 48.9M | -- | -- | -- |
| Total Non Current Liabilities | 325.0M | 499.0M | 6.2M | 11.1M | 24.3M | 36.0M | 6.4M | -- | 48.9M | -- | -- | -- |
| Total Liabilities | 2.2B | 2.2B | 1.5B | 1.5B | 1.2B | 948.0M | 686.0M | 511.0M | 513.0M | 617.0M | 477.0M | 357.0M |
| Paid In Capital | 184.0M | 158.0M | 106.0M | 106.0M | 79.2M | 79.2M | 79.2M | 79.2M | 72.0M | 72.0M | 72.0M | 72.0M |
| Capital Reserve | 598.0M | 432.0M | 485.0M | 485.0M | 225.0M | 225.0M | 225.0M | 225.0M | 154.0M | 145.0M | 145.0M | 145.0M |
| Surplus Reserve | 50.6M | 49.4M | 47.2M | 43.7M | 35.7M | 28.4M | 19.8M | 16.8M | 12.2M | 8.8M | 5.0M | 1.8M |
| Retained Earnings | 480.0M | 474.0M | 465.0M | 404.0M | 327.0M | 265.0M | 186.0M | 157.0M | 113.0M | 82.2M | 48.0M | 20.6M |
| Minority Equity | 18.2M | 22.0M | 14.7M | 6.5M | 6.1M | 6.2M | 6.2M | -3.00 | -- | -- | -- | -- |
| Equity Attributable | 1.3B | 1.2B | 1.1B | 1.0B | 668.0M | 598.0M | 511.0M | 478.0M | 351.0M | 307.0M | 269.0M | 239.0M |
| Total Equity | 1.3B | 1.2B | 1.1B | 1.0B | 674.0M | 604.0M | 517.0M | 478.0M | 351.0M | 307.0M | 269.0M | 239.0M |
| 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 | 618.0M | 651.0M | 843.0M | 553.0M | 524.0M | 603.0M | 548.0M | 428.0M | 297.0M | 377.0M | 295.0M | 310.0M |
| Tax Refunds Received | -- | -- | 6,500 | 5,200 | 43,600 | 4,600 | 422,800 | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 686.0M | 683.0M | 853.0M | 567.0M | 535.0M | 631.0M | 585.0M | 463.0M | 332.0M | 453.0M | 393.0M | 386.0M |
| Cash Paid For Goods | 576.0M | 703.0M | 680.0M | 524.0M | 418.0M | 498.0M | 397.0M | 315.0M | 237.0M | 324.0M | 290.0M | 269.0M |
| Cash Paid To Employees | 99.4M | 112.0M | 103.0M | 87.4M | 73.4M | 67.4M | 61.7M | 48.0M | 42.7M | 39.5M | 29.7M | 20.1M |
| Taxes Paid | 44.9M | 51.1M | 77.1M | 62.3M | 54.3M | 38.2M | 46.3M | 23.4M | 15.2M | 26.1M | 17.5M | 26.7M |
| Total Operating Cash Outflow | 857.0M | 950.0M | 918.0M | 709.0M | 588.0M | 646.0M | 560.0M | 442.0M | 320.0M | 470.0M | 444.0M | 412.0M |
| Operating Cash Flow | -171.0M | -267.0M | -64.7M | -143.0M | -52.8M | -15.4M | 25.5M | 21.1M | 12.2M | -16.9M | -51.4M | -26.1M |
| Total Investing Cash Inflow | 474.0M | 232.0M | 176.0M | 20.2M | 95.3M | 99.2M | 155.0M | 231.0M | 4,103 | 1.7M | 3.9M | 1.5M |
| Total Investing Cash Outflow | 679.0M | 265.0M | 85.1M | 149.0M | 96.6M | 100.0M | 161.0M | 233.0M | 766,700 | 1.7M | 5.0M | 8.5M |
| Investing Cash Flow | -206.0M | -33.1M | 90.7M | -129.0M | -1.4M | -1.0M | -5.8M | -2.1M | -762,600 | -31,700 | -1.1M | -7.0M |
| Cash From Borrowings | 462.0M | 913.0M | 273.0M | 219.0M | 199.0M | 195.0M | 162.0M | 44.1M | 156.0M | 125.0M | 69.0M | 45.8M |
| Dividends And Interest Paid | 37.0M | 23.9M | 24.3M | 11.3M | 9.8M | 11.3M | 10.1M | 9.9M | 9.5M | 7.7M | 3.7M | 1.9M |
| Debt Repayments | 328.0M | 301.0M | 243.0M | 179.0M | 163.0M | 152.0M | 145.0M | 82.1M | 147.0M | 70.0M | 47.0M | 27.6M |
| Total Financing Cash Inflow | 484.0M | 914.0M | 288.0M | 526.0M | 211.0M | 195.0M | 168.0M | 116.0M | 156.0M | 125.0M | 69.0M | 142.0M |
| Total Financing Cash Outflow | 395.0M | 338.0M | 279.0M | 209.0M | 174.0M | 176.0M | 156.0M | 92.3M | 157.0M | 79.4M | 51.7M | 31.0M |
| Financing Cash Flow | 88.8M | 576.0M | 8.9M | 317.0M | 37.4M | 18.8M | 11.6M | 23.8M | -1.8M | 45.3M | 17.3M | 111.0M |
| Net Change In Cash | -288.0M | 276.0M | 34.9M | 46.0M | -16.8M | 2.4M | 31.4M | 42.9M | 9.7M | 28.4M | -35.2M | 77.7M |
| Ending Cash Balance | 227.0M | 515.0M | 238.0M | 204.0M | 158.0M | 174.0M | 172.0M | 141.0M | 97.7M | 109.0M | 80.3M | 115.0M |
| Capex | 6.8M | 23.5M | 15.5M | 3.9M | 1.5M | 1.1M | 7.0M | 3.0M | 766,700 | 1.7M | 5.0M | 8.5M |