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 | 772.0M | 704.0M | 647.0M | 522.0M | 448.0M | 462.0M | 332.0M | 307.0M | 252.0M | 379.0M | 544.0M | 558.0M | 488.0M | 440.0M |
| Revenue Growth % | 9.7% | 8.8% | 23.9% | 16.5% | -3.0% | 39.2% | 8.1% | 21.8% | -33.5% | -30.3% | -2.5% | 14.3% | 10.9% | -- |
| Total Revenue | 772.0M | 704.0M | 647.0M | 522.0M | 448.0M | 462.0M | 332.0M | 307.0M | 252.0M | 379.0M | 544.0M | 558.0M | 488.0M | 440.0M |
| Cost Of Revenue | 500.0M | 476.0M | 433.0M | 372.0M | 295.0M | 269.0M | 209.0M | 187.0M | 158.0M | 233.0M | 364.0M | 365.0M | 308.0M | 269.0M |
| Gross Profit | 272.0M | 228.0M | 214.0M | 150.0M | 153.0M | 193.0M | 123.0M | 120.0M | 94.0M | 146.0M | 180.0M | 193.0M | 180.0M | 171.0M |
| Gross Margin % | 35.2% | 32.4% | 33.1% | 28.7% | 34.2% | 41.8% | 37.0% | 39.1% | 37.3% | 38.5% | 33.1% | 34.6% | 36.9% | 38.9% |
| Total Operating Cost | 715.0M | 661.0M | 606.0M | 522.0M | 469.0M | 449.0M | 330.0M | 306.0M | 250.0M | 334.0M | 491.0M | 510.0M | 439.0M | 381.0M |
| Selling Expenses | 33.7M | 28.6M | 40.7M | 33.7M | 43.1M | 54.7M | 33.7M | 26.4M | 25.1M | 26.0M | 33.4M | 48.8M | 45.7M | 34.5M |
| Admin Expenses | 71.9M | 66.8M | 65.3M | 57.1M | 61.0M | 61.4M | 51.9M | 42.8M | 63.5M | 66.6M | 78.4M | 79.8M | 70.0M | 65.2M |
| Rd Expenses | 70.8M | 71.6M | 52.2M | 33.6M | 39.0M | 35.9M | 19.5M | 18.5M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -1.0M | 404,500 | 418,500 | -190,200 | 658,000 | 568,400 | -1.2M | -2.2M | 379,000 | 2.6M | 4.7M | 6.1M | 6.4M | 5.2M |
| Operating Income | 66.5M | 60.2M | 50.5M | 31.6M | -12.4M | 24.9M | 25.2M | 2.0M | 24.2M | 44.3M | 52.9M | 47.7M | 49.4M | 59.8M |
| Operating Margin % | 8.6% | 8.6% | 7.8% | 6.0% | -2.8% | 5.4% | 7.6% | 0.7% | 9.6% | 11.7% | 9.7% | 8.5% | 10.1% | 13.6% |
| Non Operating Income | 7.0M | 7.3M | 6.4M | 6.0M | 7.5M | 3.2M | 3.2M | 11.4M | 9.7M | 4.5M | 7.0M | 11.9M | 11.5M | 2.6M |
| Non Operating Expenses | 1.2M | 531,700 | 106,200 | 932,900 | 353,100 | 335,800 | 102,800 | 80,400 | 20,000 | 313,200 | 410,500 | 129,900 | 526,300 | 384,400 |
| Investment Income | -- | -- | -- | 19.9M | -- | -- | 2.5M | 1.2M | 22.9M | -- | 384,000 | 4,345 | 50,000 | 884,600 |
| Asset Disposal Income | 76,000 | -- | -208,300 | 1.1M | -33,200 | -278,900 | 2.7M | 192,300 | 203,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.0M | 6.1M | 4.9M | 367,500 | 3.8M | 18.2M | 11.6M | 28.3M | -1.4M | 2.2M | 8.5M | 6.9M | 5.9M | 4.9M |
| Other Income | 9.6M | 17.1M | 9.0M | 10.4M | 8.4M | 12.7M | 18.1M | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 72.3M | 67.0M | 56.9M | 36.6M | -5.3M | 27.8M | 28.3M | 13.3M | 33.8M | 48.5M | 59.5M | 59.5M | 60.4M | 62.0M |
| Income Tax | 3.0M | 1.6M | -650,100 | 493,900 | -3.4M | 4.6M | 3.5M | 2.1M | 5.7M | 8.5M | 10.3M | 8.7M | 10.8M | 10.5M |
| Net Income | 69.3M | 65.4M | 57.5M | 36.1M | -1.9M | 23.2M | 24.8M | 11.3M | 28.1M | 39.9M | 49.2M | 50.8M | 49.6M | 51.5M |
| Net Margin % | 9.0% | 9.3% | 8.9% | 6.9% | -0.4% | 5.0% | 7.5% | 3.7% | 11.2% | 10.5% | 9.0% | 9.1% | 10.2% | 11.7% |
| Net Income Attributable | 69.3M | 65.4M | 57.5M | 36.1M | 13.7M | 10.2M | 15.1M | 11.0M | 28.1M | 39.9M | 48.0M | 49.0M | 48.1M | 51.9M |
| Minority Interest | -32,100 | -- | -- | -- | -15.6M | 13.0M | 9.7M | 233,800 | -28,800 | -1,000 | 1.2M | 1.7M | 1.5M | -361,400 |
| Eps Basic | 0.57 | 0.54 | 0.47 | 0.30 | 0.15 | 0.11 | 0.16 | 0.12 | 0.33 | 0.57 | 0.69 | 0.70 | 0.69 | 0.74 |
| Eps Diluted | 0.57 | 0.54 | 0.47 | 0.30 | 0.15 | 0.11 | 0.16 | 0.12 | 0.33 | 0.57 | 0.69 | 0.70 | 0.69 | 0.74 |
| 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 | 350.0M | 380.0M | 405.0M | 376.0M | 225.0M | 193.0M | 133.0M | 148.0M | 138.0M | 82.5M | 70.2M | 108.0M | 96.6M | 55.6M |
| Accounts Receivable | 150.0M | 156.0M | 131.0M | 95.6M | 117.0M | 241.0M | 253.0M | 186.0M | 167.0M | 214.0M | 206.0M | 225.0M | 194.0M | 144.0M |
| Notes Receivable | 9.1M | 800,000 | 8.4M | -- | -- | -- | 60.4M | 44.2M | 25.9M | 60.4M | 10.7M | 900,000 | 1.0M | 1.3M |
| Notes And Accounts Receivable | 159.0M | 157.0M | 140.0M | 95.6M | 117.0M | 241.0M | 314.0M | 231.0M | 192.0M | 274.0M | 216.0M | 226.0M | 195.0M | 145.0M |
| Prepayments | 13.5M | 23.1M | 46.6M | 93.0M | 12.5M | 28.1M | 22.4M | 3.8M | 3.8M | 3.3M | 5.8M | 18.3M | 11.1M | 9.6M |
| Inventory | 1.1B | 1.1B | 811.0M | 335.0M | 333.0M | 265.0M | 172.0M | 128.0M | 107.0M | 98.3M | 182.0M | 316.0M | 240.0M | 192.0M |
| Total Current Assets | 1.7B | 1.8B | 1.5B | 964.0M | 966.0M | 764.0M | 663.0M | 615.0M | 564.0M | 465.0M | 493.0M | 685.0M | 555.0M | 413.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 11.7M |
| Fixed Assets | -- | 221.0M | 229.0M | 193.0M | 204.0M | 208.0M | 203.0M | 182.0M | 191.0M | 198.0M | 150.0M | 160.0M | 137.0M | 171.0M |
| Fixed Assets Total | 371.0M | 221.0M | 229.0M | 193.0M | 204.0M | 208.0M | 203.0M | 182.0M | 191.0M | 198.0M | 150.0M | 160.0M | 137.0M | 171.0M |
| Construction In Progress | -- | 23.9M | 9.9M | 16.3M | 635,100 | 1.1M | 3.5M | -- | 603,900 | 2.1M | 50.9M | 6.8M | 28.1M | 50.1M |
| Construction In Progress Total | 5.9M | 23.9M | 9.9M | 16.3M | 635,100 | 1.1M | 3.5M | -- | 603,900 | 2.2M | 51.2M | 7.1M | 28.1M | 50.1M |
| Intangible Assets | 81.0M | 75.7M | 72.5M | 74.5M | 76.5M | 85.9M | 89.7M | 82.2M | 84.3M | 85.8M | 87.7M | 89.6M | 91.5M | 93.4M |
| Long Term Deferred Expenses | 202,000 | 671,300 | 1.3M | 1.8M | 2.5M | 4.8M | 1.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 555.0M | 421.0M | 408.0M | 377.0M | 351.0M | 487.0M | 483.0M | 323.0M | 354.0M | 403.0M | 431.0M | 396.0M | 375.0M | 328.0M |
| Total Assets | 2.2B | 2.2B | 1.9B | 1.3B | 1.3B | 1.2B | 1.1B | 938.0M | 918.0M | 867.0M | 924.0M | 1.1B | 929.0M | 741.0M |
| Short Term Borrowings | 115.0M | 20.0M | 144.0M | 30.0M | 20.0M | 30.2M | 2.0M | -- | -- | 40.0M | 40.0M | 105.0M | 144.0M | 70.0M |
| Accounts Payable | 307.0M | 216.0M | 262.0M | 103.0M | 119.0M | 155.0M | 123.0M | 107.0M | 94.7M | 145.0M | 185.0M | 215.0M | 162.0M | 138.0M |
| Advance Receipts | 4.5M | 4.6M | 4.8M | -- | -- | 101.0M | 43.9M | 30.0M | 22.9M | 39.7M | 105.0M | 179.0M | 108.0M | 84.7M |
| Contract Liabilities | 593.0M | 804.0M | 396.0M | 248.0M | 204.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 1.2B | 943.0M | 460.0M | 446.0M | 386.0M | 315.0M | 173.0M | 149.0M | 249.0M | 350.0M | 594.0M | 475.0M | 337.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 40.0M | 40.0M | -- | 20.0M | 20.0M |
| Total Non Current Liabilities | 181.0M | 154.0M | 132.0M | 132.0M | 110.0M | 81.0M | 62.9M | 52.0M | 60.0M | 111.0M | 109.0M | 69.0M | 90.2M | 70.0M |
| Total Liabilities | 1.3B | 1.4B | 1.1B | 592.0M | 557.0M | 467.0M | 378.0M | 225.0M | 209.0M | 360.0M | 459.0M | 663.0M | 566.0M | 407.0M |
| Paid In Capital | 121.0M | 121.0M | 121.0M | 93.3M | 93.3M | 93.3M | 93.3M | 93.3M | 93.3M | 70.0M | 70.0M | 70.0M | 70.0M | 70.0M |
| Capital Reserve | 178.0M | 178.0M | 178.0M | 206.0M | 206.0M | 221.0M | 221.0M | 221.0M | 221.0M | 72.1M | 72.1M | 72.1M | 70.1M | 70.1M |
| Surplus Reserve | 60.9M | 60.9M | 53.0M | 46.5M | 44.9M | 41.5M | 40.1M | 39.8M | 38.6M | 35.8M | 35.8M | 31.4M | 26.2M | 21.4M |
| Retained Earnings | 515.0M | 467.0M | 426.0M | 386.0M | 358.0M | 354.0M | 353.0M | 345.0M | 344.0M | 318.0M | 279.0M | 235.0M | 191.0M | 169.0M |
| Minority Equity | -32,100 | -- | -- | -- | 42.1M | 59.3M | 47.7M | 1.7M | 1.5M | 1.5M | 1.5M | 5.8M | 4.3M | 2.9M |
| Equity Attributable | 897.0M | 848.0M | 799.0M | 749.0M | 719.0M | 724.0M | 721.0M | 711.0M | 708.0M | 506.0M | 463.0M | 413.0M | 359.0M | 331.0M |
| Total Equity | 897.0M | 848.0M | 799.0M | 749.0M | 761.0M | 784.0M | 769.0M | 713.0M | 710.0M | 507.0M | 465.0M | 418.0M | 364.0M | 334.0M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 543.0M | 1.1B | 786.0M | 701.0M | 514.0M | 500.0M | 266.0M | 183.0M | 206.0M | 219.0M | 373.0M | 563.0M | 379.0M | 466.0M |
| Tax Refunds Received | 3.3M | 2.8M | 9.0M | 3.4M | 13.4M | 9.4M | 1.3M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 587.0M | 1.2B | 819.0M | 731.0M | 584.0M | 548.0M | 301.0M | 190.0M | 225.0M | 235.0M | 415.0M | 590.0M | 443.0M | 502.0M |
| Cash Paid For Goods | 416.0M | 820.0M | 666.0M | 413.0M | 404.0M | 271.0M | 197.0M | 126.0M | 85.2M | 84.1M | 224.0M | 314.0M | 286.0M | 319.0M |
| Cash Paid To Employees | 139.0M | 136.0M | 123.0M | 92.8M | 101.0M | 93.0M | 69.2M | 54.9M | 53.7M | 52.1M | 54.9M | 67.6M | 62.3M | 53.5M |
| Taxes Paid | 29.5M | 46.7M | 11.7M | 16.3M | 26.0M | 22.5M | 16.2M | 16.4M | 27.0M | 36.9M | 38.1M | 33.7M | 25.5M | 36.3M |
| Total Operating Cash Outflow | 640.0M | 1.1B | 854.0M | 575.0M | 582.0M | 442.0M | 325.0M | 234.0M | 193.0M | 207.0M | 368.0M | 499.0M | 434.0M | 461.0M |
| Operating Cash Flow | -53.5M | 161.0M | -34.9M | 156.0M | 2.7M | 106.0M | -24.2M | -43.4M | 32.1M | 28.6M | 47.3M | 90.6M | 9.0M | 41.7M |
| Total Investing Cash Inflow | 3.1M | 3.0M | 5.8M | 33.1M | 52.8M | 127,800 | 509.0M | 227.0M | 126.0M | 395,300 | 813,000 | 667,700 | 656,900 | 1.9M |
| Total Investing Cash Outflow | 30.6M | 42.8M | 38.2M | 23.9M | 15.4M | 60.2M | 491.0M | 164.0M | 194.0M | 11.7M | 35.4M | 29.9M | 30.2M | 167.0M |
| Investing Cash Flow | -27.5M | -39.8M | -32.4M | 9.2M | 37.3M | -60.1M | 18.3M | 63.0M | -67.8M | -11.3M | -34.5M | -29.2M | -29.6M | -165.0M |
| Cash From Borrowings | 115.0M | 210.0M | 144.0M | 30.0M | 55.9M | 35.1M | -- | -- | 20.0M | 40.0M | 80.0M | 115.0M | 204.0M | 140.0M |
| Dividends And Interest Paid | 21.4M | 21.4M | 13.2M | 8.1M | 11.1M | 10.4M | 6.6M | 8.5M | 1.5M | 5.0M | 6.3M | 10.7M | 31.5M | 39.8M |
| Debt Repayments | 29.9M | 324.0M | 30.0M | 40.0M | 40.0M | 7.0M | 3.0M | -- | 100.0M | 40.0M | 125.0M | 154.0M | 130.0M | 64.5M |
| Total Financing Cash Inflow | 115.0M | 210.0M | 144.0M | 30.0M | 55.9M | 35.1M | -- | -- | 205.0M | 40.0M | 80.0M | 115.0M | 223.0M | 190.0M |
| Total Financing Cash Outflow | 55.4M | 368.0M | 78.2M | 58.4M | 63.1M | 21.1M | 9.6M | 9.0M | 114.0M | 45.0M | 131.0M | 165.0M | 162.0M | 104.0M |
| Financing Cash Flow | 59.6M | -158.0M | 65.8M | -28.4M | -7.3M | 14.0M | -9.6M | -9.0M | 91.0M | -5.0M | -51.3M | -49.7M | 61.5M | 86.0M |
| Net Change In Cash | -21.1M | -36.7M | -1.0M | 137.0M | 32.5M | 59.9M | -15.4M | 10.5M | 55.4M | 12.3M | -38.3M | 11.9M | 41.0M | -37.3M |
| Ending Cash Balance | 304.0M | 325.0M | 361.0M | 363.0M | 225.0M | 193.0M | 133.0M | 148.0M | 138.0M | 82.5M | 70.2M | 108.0M | 96.6M | 55.6M |
| Capex | 25.7M | 42.8M | 38.2M | 23.9M | 15.4M | 9.4M | 33.7M | 3.5M | 4.1M | 11.7M | 35.4M | 29.1M | 30.2M | 160.0M |