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 | 680.0M | 583.0M | 527.0M | 432.0M | 376.0M | 336.0M | 301.0M | 271.0M | 158.0M | 118.0M | 121.0M | 92.7M | 71.4M | 62.1M |
| Revenue Growth % | 16.6% | 10.6% | 22.0% | 14.9% | 11.9% | 11.6% | 11.1% | 71.5% | 33.9% | -2.5% | 30.6% | 29.7% | 15.0% | -- |
| Total Revenue | 680.0M | 583.0M | 527.0M | 432.0M | 376.0M | 336.0M | 301.0M | 271.0M | 158.0M | 118.0M | 121.0M | 92.7M | 71.4M | 62.1M |
| Cost Of Revenue | 327.0M | 272.0M | 238.0M | 171.0M | 138.0M | 122.0M | 108.0M | 97.7M | 55.2M | 35.3M | 33.5M | 27.2M | 20.4M | 17.8M |
| Gross Profit | 353.0M | 311.0M | 289.0M | 261.0M | 238.0M | 214.0M | 193.0M | 173.3M | 102.8M | 82.7M | 87.5M | 65.4M | 51.0M | 44.3M |
| Gross Margin % | 51.9% | 53.3% | 54.8% | 60.4% | 63.3% | 63.7% | 64.1% | 63.9% | 65.1% | 70.1% | 72.3% | 70.6% | 71.4% | 71.3% |
| Total Operating Cost | 451.0M | 380.0M | 344.0M | 271.0M | 220.0M | 198.0M | 191.0M | 155.0M | 95.7M | 68.4M | 64.3M | 50.8M | 40.3M | 32.0M |
| Selling Expenses | 8.8M | 9.6M | 9.5M | 8.6M | 7.9M | 9.2M | 12.7M | 13.5M | 8.7M | 7.6M | 7.1M | 6.8M | 5.1M | 4.2M |
| Admin Expenses | 69.1M | 68.1M | 57.4M | 48.6M | 40.3M | 37.1M | 39.6M | 23.8M | 28.5M | 23.5M | 21.3M | 15.0M | 13.2M | 9.0M |
| Rd Expenses | 37.5M | 36.8M | 33.4M | 32.1M | 24.4M | 23.2M | 21.4M | 16.2M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -5.8M | -15.9M | -7.1M | 4.6M | 642,300 | -2.2M | 22,800 | -1.0M | -487,200 | -364,000 | -301,300 | -216,700 | 75,100 | -8,600 |
| Operating Income | 250.0M | 217.0M | 201.0M | 175.0M | 182.0M | 160.0M | 125.0M | 121.0M | 62.4M | 49.5M | 56.4M | 41.9M | 31.1M | 30.2M |
| Operating Margin % | 36.8% | 37.2% | 38.1% | 40.5% | 48.4% | 47.6% | 41.5% | 44.6% | 39.5% | 41.9% | 46.6% | 45.2% | 43.5% | 48.6% |
| Non Operating Income | 237,800 | 143,300 | 63,600 | 48,200 | 434,200 | 35,800 | 272,600 | 1.9M | 2.0M | 4.1M | 1.6M | 2.8M | 711,900 | 415,900 |
| Non Operating Expenses | 299,600 | 107,100 | 25,900 | 88,600 | 262,800 | 10,200 | 402,300 | 147,100 | 90,100 | 365,400 | 729,800 | 1.5M | 89,800 | 74,400 |
| Investment Income | 2.0M | 658,100 | 334,700 | 1.2M | 2.1M | 11.5M | 8.2M | 4.7M | -- | -- | -- | -- | -- | 35,000 |
| Fair Value Change Income | 6.2M | 4.0M | 1.1M | 4.6M | 11.6M | 1.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 412,600 | 924,000 | 10,800 | -84,500 | 10,000 | 1.7M | 3.3M | -1.2M | 14,800 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.2M | 2.6M | 1.6M | 549,300 | 2.0M | 866,600 | 3.8M | 959,700 | 1.5M | 674,000 | 1.5M | 795,800 | 665,200 | 333,400 |
| Other Income | 12.0M | 7.7M | 16.8M | 8.3M | 11.7M | 8.1M | 2.9M | 1.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 250.0M | 217.0M | 201.0M | 175.0M | 182.0M | 160.0M | 125.0M | 123.0M | 64.3M | 53.2M | 57.2M | 43.2M | 31.7M | 30.5M |
| Income Tax | 30.4M | 30.5M | 35.1M | 24.9M | 27.4M | 25.9M | 20.8M | 17.7M | 8.8M | 7.0M | 8.3M | 6.1M | 4.5M | 4.3M |
| Net Income | 219.0M | 186.0M | 166.0M | 150.0M | 155.0M | 135.0M | 104.0M | 105.0M | 55.5M | 46.1M | 48.9M | 37.0M | 27.3M | 26.2M |
| Net Margin % | 32.2% | 31.9% | 31.5% | 34.7% | 41.2% | 40.2% | 34.6% | 38.7% | 35.1% | 39.1% | 40.4% | 40.0% | 38.2% | 42.2% |
| Net Income Attributable | 212.0M | 184.0M | 156.0M | 141.0M | 148.0M | 130.0M | 103.0M | 105.0M | 55.5M | 46.1M | 48.9M | 37.0M | 27.3M | 26.2M |
| Minority Interest | 7.8M | 1.7M | 10.4M | 9.1M | 6.2M | 4.3M | 1.3M | -208,200 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.58 | 1.38 | 1.17 | 1.06 | 1.11 | 1.65 | 1.31 | 1.83 | 1.23 | 1.03 | 1.09 | 1.23 | 0.61 | 0.58 |
| Eps Diluted | 1.58 | 1.38 | 1.17 | 1.06 | 1.11 | 1.65 | 1.31 | 1.83 | 1.23 | 1.03 | 1.09 | 1.23 | 0.61 | 0.58 |
| 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 | 199.0M | 168.0M | 317.0M | 225.0M | 182.0M | 247.0M | 223.0M | 110.0M | 49.9M | 30.6M | 34.6M | 41.5M | 19.8M | 8.4M |
| Trading Financial Assets | 160.0M | 247.0M | 58.0M | 68.9M | 209.0M | 127.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 122.0M | 96.1M | 114.0M | 64.5M | 71.7M | 60.9M | 47.8M | 48.1M | 43.1M | 30.0M | 26.2M | 22.5M | 17.9M | 15.1M |
| Notes Receivable | 4.5M | 6.1M | 9.6M | 16.4M | 19.4M | 15.8M | 31.6M | 23.0M | 14.8M | 13.9M | 14.5M | 7.0M | 5.8M | 8.9M |
| Notes And Accounts Receivable | 126.0M | 102.0M | 123.0M | 80.8M | 91.1M | 76.7M | 79.4M | 71.1M | 58.0M | 43.9M | 40.7M | 29.5M | 23.7M | 23.9M |
| Prepayments | 7.8M | 5.8M | 6.0M | 7.1M | 3.2M | 1.7M | 1.9M | 2.3M | 417,000 | 152,300 | 544,700 | 1.5M | 567,700 | 257,000 |
| Inventory | 167.0M | 156.0M | 157.0M | 138.0M | 57.1M | 48.3M | 51.4M | 41.5M | 29.9M | 29.3M | 24.5M | 24.4M | 20.0M | 15.4M |
| Total Current Assets | 837.0M | 810.0M | 756.0M | 601.0M | 610.0M | 551.0M | 493.0M | 465.0M | 138.0M | 104.0M | 101.0M | 97.0M | 64.2M | 48.1M |
| Fixed Assets | -- | 416.0M | 413.0M | 345.0M | 226.0M | 158.0M | 156.0M | 157.0M | 129.0M | 112.0M | 73.6M | 53.0M | 48.7M | 41.2M |
| Fixed Assets Total | 441.0M | 416.0M | 413.0M | 345.0M | 226.0M | 158.0M | 156.0M | 157.0M | 129.0M | 112.0M | 73.6M | 53.0M | 48.7M | 41.2M |
| Construction In Progress | -- | 36.9M | 30.5M | 86.6M | 119.0M | 101.0M | 45.6M | 14.2M | 11.4M | 8.3M | 11.5M | 3.4M | 3.3M | 3.2M |
| Construction In Progress Total | 25.3M | 38.9M | 33.9M | 91.6M | 123.0M | 104.0M | 49.8M | 16.8M | 13.0M | 9.9M | 13.1M | 4.4M | 3.3M | 3.2M |
| Intangible Assets | 66.4M | 67.7M | 69.1M | 71.0M | 72.6M | 74.7M | 59.4M | 22.7M | 23.3M | 23.1M | 23.1M | 6.9M | 6.8M | 7.1M |
| Long Term Deferred Expenses | 1.5M | 479,300 | 1.7M | 3.1M | 4.5M | 6.2M | 5.5M | 284,700 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 783.0M | 694.0M | 526.0M | 522.0M | 440.0M | 354.0M | 282.0M | 208.0M | 170.0M | 155.0M | 122.0M | 84.4M | 60.4M | 52.6M |
| Total Assets | 1.6B | 1.5B | 1.3B | 1.1B | 1.1B | 905.0M | 775.0M | 673.0M | 308.0M | 259.0M | 222.0M | 181.0M | 125.0M | 101.0M |
| Short Term Borrowings | 11.0M | 50.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 50.7M | 46.8M | 36.1M | 53.7M | 30.3M | 24.6M | 26.3M | 17.9M | 10.2M | 8.6M | 4.1M | 2.3M | 3.1M | 4.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 981,000 | 465,700 | 464,400 | 221,600 | 575,600 | 1.1M | 888,800 | 32,000 | 108,500 |
| Contract Liabilities | 5.6M | 4.3M | 2.9M | 2.5M | 2.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 207.0M | 190.0M | 131.0M | 117.0M | 103.0M | 81.4M | 75.0M | 75.8M | 23.0M | 17.1M | 13.5M | 12.5M | 8.2M | 8.6M |
| Total Non Current Liabilities | 17.7M | 24.1M | 13.6M | 14.0M | 15.2M | 13.4M | 10.0M | 4.4M | 5.1M | 3.9M | 1.8M | -- | -- | -- |
| Total Liabilities | 225.0M | 214.0M | 145.0M | 131.0M | 118.0M | 94.8M | 85.0M | 80.3M | 28.1M | 21.0M | 15.3M | 12.5M | 8.2M | 8.6M |
| Paid In Capital | 137.0M | 135.0M | 135.0M | 134.0M | 103.0M | 79.5M | 79.5M | 61.1M | 45.0M | 45.0M | 45.0M | 30.0M | 30.0M | 30.0M |
| Capital Reserve | 227.0M | 216.0M | 208.0M | 211.0M | 242.0M | 265.0M | 263.0M | 272.0M | 35.4M | 35.4M | 35.4M | 50.3M | 31.3M | 31.3M |
| Surplus Reserve | 79.6M | 79.6M | 79.6M | 79.6M | 63.3M | 46.9M | 46.9M | 35.1M | 24.6M | 19.0M | 14.4M | 9.5M | 5.8M | 3.1M |
| Retained Earnings | 925.0M | 808.0M | 691.0M | 575.0M | 502.0M | 409.0M | 311.0M | 253.0M | 175.0M | 139.0M | 112.0M | 79.1M | 49.3M | 27.8M |
| Minority Equity | 42.7M | 37.0M | 34.6M | 23.3M | 20.4M | 18.6M | 10.8M | 9.4M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.4B | 1.3B | 1.1B | 968.0M | 912.0M | 791.0M | 679.0M | 584.0M | 280.0M | 238.0M | 207.0M | 169.0M | 116.0M | 92.2M |
| Total Equity | 1.4B | 1.3B | 1.1B | 992.0M | 932.0M | 810.0M | 690.0M | 593.0M | 280.0M | 238.0M | 207.0M | 169.0M | 116.0M | 92.2M |
| 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 | 732.0M | 681.0M | 517.0M | 478.0M | 378.0M | 316.0M | 307.0M | 255.0M | 146.0M | 121.0M | 119.0M | 90.7M | 77.4M | 58.0M |
| Tax Refunds Received | 3.0M | 5.4M | 11.8M | 4.2M | 7.9M | 2.1M | 817,700 | 100,300 | 133,000 | 84,500 | 66,400 | 248,300 | 108,700 | 94,000 |
| Total Operating Cash Inflow | 752.0M | 701.0M | 546.0M | 491.0M | 402.0M | 330.0M | 315.0M | 259.0M | 148.0M | 125.0M | 121.0M | 92.5M | 78.3M | 59.0M |
| Cash Paid For Goods | 301.0M | 185.0M | 214.0M | 209.0M | 94.6M | 70.1M | 73.5M | 50.3M | 27.6M | 19.6M | 18.6M | 20.1M | 19.1M | 18.0M |
| Cash Paid To Employees | 126.0M | 115.0M | 101.0M | 91.4M | 66.8M | 63.9M | 59.5M | 42.8M | 29.9M | 25.7M | 20.9M | 17.3M | 13.7M | 9.8M |
| Taxes Paid | 63.2M | 70.2M | 70.5M | 55.6M | 41.8M | 57.4M | 46.9M | 41.8M | 24.8M | 23.2M | 22.0M | 17.7M | 13.3M | 9.3M |
| Total Operating Cash Outflow | 510.0M | 389.0M | 409.0M | 380.0M | 230.0M | 214.0M | 210.0M | 155.0M | 94.8M | 80.5M | 73.8M | 63.1M | 52.4M | 42.8M |
| Operating Cash Flow | 241.0M | 312.0M | 137.0M | 111.0M | 172.0M | 117.0M | 105.0M | 104.0M | 53.2M | 44.1M | 47.3M | 29.4M | 25.9M | 16.3M |
| Total Investing Cash Inflow | 703.0M | 152.0M | 68.3M | 339.0M | 564.0M | 887.0M | 1.3B | 461.0M | 1.9M | 3.4M | 3.0M | 23.9M | 20,000 | 22.4M |
| Total Investing Cash Outflow | 785.0M | 609.0M | 96.3M | 313.0M | 756.0M | 951.0M | 1.3B | 741.0M | 22.1M | 36.7M | 46.1M | 27.9M | 11.5M | 43.1M |
| Investing Cash Flow | -82.0M | -457.0M | -28.0M | 26.4M | -192.0M | -63.6M | 37.8M | -280.0M | -20.1M | -33.3M | -43.1M | -4.0M | -11.5M | -20.7M |
| Cash From Borrowings | 11.0M | 50.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 83.5M | 68.7M | 46.3M | 57.2M | 44.5M | 31.8M | 32.0M | 16.8M | 13.9M | 14.8M | 11.1M | 3.6M | 3.0M | -- |
| Debt Repayments | 50.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 60.5M | 52.9M | 30.1M | 3.6M | 572,000 | 7.8M | 4.7M | 267.0M | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Outflow | 187.0M | 70.6M | 50.7M | 92.2M | 47.4M | 32.9M | 39.5M | 30.4M | 13.9M | 14.8M | 11.1M | 3.6M | 3.0M | -- |
| Financing Cash Flow | -127.0M | -17.8M | -20.6M | -88.6M | -46.8M | -25.2M | -34.8M | 236.0M | -13.9M | -14.8M | -11.1M | -3.6M | -3.0M | -- |
| Net Change In Cash | 31.1M | -149.0M | 92.5M | 45.4M | -67.2M | 28.0M | 109.0M | 59.7M | 19.3M | -4.0M | -6.9M | 21.7M | 11.4M | -4.5M |
| Ending Cash Balance | 199.0M | 168.0M | 317.0M | 225.0M | 179.0M | 246.0M | 218.0M | 110.0M | 49.9M | 30.6M | 34.6M | 41.5M | 19.8M | 8.4M |
| Capex | 61.6M | 71.0M | 40.3M | 120.0M | 123.0M | 84.0M | 92.7M | 43.2M | 22.1M | 36.7M | 46.1M | 27.9M | 11.5M | 20.7M |