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 | 4.1B | 3.7B | 3.5B | 3.0B | 1.3B | 1.4B | 1.4B | 1.2B | 875.0M | 776.0M | 819.0M | 625.0M | 597.0M | 514.0M |
| Revenue Growth % | 9.9% | 4.7% | 18.1% | 134.2% | -10.1% | 1.1% | 18.6% | 35.4% | 12.8% | -5.3% | 31.0% | 4.7% | 16.1% | -- |
| Total Revenue | 4.1B | 3.7B | 3.5B | 3.0B | 1.3B | 1.4B | 1.4B | 1.2B | 875.0M | 776.0M | 819.0M | 625.0M | 597.0M | 514.0M |
| Cost Of Revenue | 3.0B | 2.8B | 2.6B | 2.2B | 892.0M | 1.0B | 996.0M | 893.0M | 614.0M | 563.0M | 566.0M | 424.0M | 388.0M | 318.0M |
| Gross Profit | 1.0B | 909.0M | 957.0M | 747.0M | 386.0M | 403.0M | 409.0M | 292.0M | 261.0M | 213.0M | 253.0M | 201.0M | 209.0M | 196.0M |
| Gross Margin % | 25.2% | 24.6% | 27.1% | 25.0% | 30.2% | 28.4% | 29.1% | 24.6% | 29.8% | 27.4% | 30.9% | 32.2% | 35.0% | 38.1% |
| Total Operating Cost | 3.5B | 3.3B | 3.0B | 2.7B | 1.1B | 1.3B | 1.2B | 1.1B | 788.0M | 706.0M | 720.0M | 546.0M | 494.0M | 404.0M |
| Selling Expenses | 38.1M | 38.1M | 30.4M | 25.1M | 18.2M | 49.5M | 51.9M | 44.3M | 34.8M | 25.4M | 19.5M | 11.1M | 7.3M | 3.9M |
| Admin Expenses | 265.0M | 267.0M | 269.0M | 231.0M | 149.0M | 146.0M | 103.0M | 83.8M | 120.0M | 94.8M | 110.0M | 91.3M | 81.1M | 83.0M |
| Rd Expenses | 128.0M | 115.0M | 106.0M | 82.7M | 43.0M | 49.8M | 50.9M | 38.7M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 28.9M | 32.9M | 24.8M | 37.3M | 5.7M | -670,800 | 717,700 | 4.2M | 9.9M | 15.8M | 18.6M | 15.7M | 11.6M | 2.1M |
| Operating Income | 548.0M | 430.0M | 488.0M | 349.0M | 172.0M | 157.0M | 170.0M | 111.0M | 86.9M | 70.2M | 98.6M | 78.6M | 104.0M | 110.0M |
| Operating Margin % | 13.5% | 11.6% | 13.8% | 11.7% | 13.5% | 11.0% | 12.1% | 9.4% | 9.9% | 9.0% | 12.0% | 12.6% | 17.4% | 21.4% |
| Non Operating Income | 3.2M | 1.4M | 7.8M | 2.3M | 4.9M | 5.8M | 40,200 | 1.0M | 6.5M | 6.1M | 4.5M | 7.7M | 4.4M | 9.9M |
| Non Operating Expenses | 10.4M | 16.6M | 12.2M | 17.2M | 5.6M | 5.1M | 2.8M | 1.2M | 1.1M | 1.6M | 891,200 | 1.5M | 1.9M | 476,700 |
| Investment Income | 451,600 | 2.7M | 3.7M | 2.6M | 6.4M | 1.2M | 785,000 | 2.4M | -- | -- | -- | -- | 0.00 | -450,400 |
| Fair Value Change Income | -9.9M | -8.4M | -19.8M | -2.0M | -2.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -56,900 | 112,500 | 287,100 | -351,000 | -163,800 | 1.3M | -92,600 | 396,300 | 14,200 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 3.9M | 6.5M | 2.2M | 481,300 | 858,600 | -3.2M | 22.5M | 6.6M | 44,100 | 458,500 | 1.5M | 553,600 | 1.7M | -6.4M |
| Other Income | 32.1M | 16.6M | 7.2M | 7.0M | 3.9M | 3.6M | 3.5M | 3.2M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 541.0M | 415.0M | 483.0M | 334.0M | 171.0M | 158.0M | 167.0M | 111.0M | 92.3M | 74.7M | 102.0M | 84.8M | 106.0M | 119.0M |
| Income Tax | 69.3M | 42.2M | 59.8M | 22.4M | 19.8M | 18.3M | 20.6M | 10.4M | 12.6M | 12.2M | 9.9M | 12.0M | 15.0M | 14.9M |
| Net Income | 472.0M | 372.0M | 424.0M | 312.0M | 151.0M | 140.0M | 147.0M | 100.0M | 79.7M | 62.5M | 92.4M | 72.8M | 91.4M | 104.0M |
| Net Margin % | 11.6% | 10.1% | 12.0% | 10.4% | 11.8% | 9.9% | 10.5% | 8.4% | 9.1% | 8.1% | 11.3% | 11.6% | 15.3% | 20.2% |
| Net Income Attributable | 473.0M | 371.0M | 417.0M | 311.0M | 150.0M | 136.0M | 146.0M | 100.0M | 79.7M | 62.5M | 92.4M | 72.8M | 91.4M | 104.0M |
| Minority Interest | -1.1M | 1.6M | 6.7M | 1.2M | 1.5M | 3.4M | 727,800 | 249,600 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.94 | 0.74 | 0.83 | 0.63 | 0.35 | 0.32 | 0.47 | 0.33 | 0.45 | 0.38 | 0.56 | 0.44 | 0.55 | 0.69 |
| Eps Diluted | 0.92 | 0.73 | 0.82 | 0.63 | 0.35 | 0.32 | 0.47 | 0.33 | 0.45 | -- | -- | -- | -- | 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 | 484.0M | 268.0M | 286.0M | 194.0M | 212.0M | 131.0M | 173.0M | 74.7M | 45.4M | 47.4M | 51.1M | 14.0M | 36.0M | 13.0M |
| Trading Financial Assets | 2.2M | 3.6M | 24.0M | -- | 230.0M | 190.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 475.0M | 373.0M | 417.0M | 212.0M | 142.0M | 148.0M | 133.0M | 121.0M | 63.1M | 42.3M | 49.2M | 32.0M | 24.8M | 15.7M |
| Notes Receivable | 2.0M | 3.6M | 11.4M | 3.8M | -- | -- | 281.0M | 228.0M | 108.0M | 123.0M | 60.7M | 51.2M | 54.8M | 26.6M |
| Notes And Accounts Receivable | 477.0M | 377.0M | 429.0M | 216.0M | 142.0M | 148.0M | 414.0M | 349.0M | 171.0M | 165.0M | 110.0M | 83.1M | 79.5M | 42.3M |
| Prepayments | 69.1M | 127.0M | 63.7M | 342.0M | 60.0M | 13.4M | 51.7M | 24.0M | 40.5M | 33.7M | 12.2M | 27.1M | 108.0M | 86.3M |
| Inventory | 826.0M | 643.0M | 616.0M | 463.0M | 227.0M | 156.0M | 116.0M | 120.0M | 123.0M | 115.0M | 123.0M | 97.7M | 65.3M | 70.7M |
| Total Current Assets | 2.3B | 1.8B | 1.8B | 1.5B | 1.3B | 828.0M | 758.0M | 625.0M | 543.0M | 368.0M | 300.0M | 226.0M | 293.0M | 213.0M |
| Long Term Equity Investment | 4.2M | 4.2M | 3.2M | 3.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.7B | 1.6B | 1.5B | 532.0M | 545.0M | 539.0M | 558.0M | 563.0M | 540.0M | 565.0M | 540.0M | 349.0M | 257.0M |
| Fixed Assets Total | 1.8B | 1.7B | 1.6B | 1.5B | 532.0M | 545.0M | 539.0M | 558.0M | 563.0M | 540.0M | 565.0M | 540.0M | 349.0M | 257.0M |
| Construction In Progress | -- | 172.0M | 83.6M | 120.0M | 40.0M | 3.2M | 5.2M | -- | -- | 11.4M | 240,200 | 4.5M | 50.9M | 23.1M |
| Construction In Progress Total | 437.0M | 172.0M | 83.6M | 120.0M | 40.0M | 3.2M | 5.2M | -- | -- | 11.4M | 240,200 | 4.5M | 50.9M | 23.1M |
| Intangible Assets | 228.0M | 229.0M | 176.0M | 156.0M | 28.8M | 29.8M | 37.5M | 38.5M | 39.6M | 40.7M | 42.5M | 43.6M | 44.1M | 26.3M |
| Long Term Deferred Expenses | 13.5M | 17.3M | 18.0M | 24.1M | 11.4M | 13.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 2.7B | 2.5B | 2.1B | 2.0B | 731.0M | 665.0M | 594.0M | 601.0M | 605.0M | 596.0M | 613.0M | 592.0M | 449.0M | 309.0M |
| Total Assets | 5.1B | 4.2B | 4.0B | 3.5B | 2.0B | 1.5B | 1.4B | 1.2B | 1.1B | 963.0M | 914.0M | 818.0M | 741.0M | 521.0M |
| Short Term Borrowings | 134.0M | 113.0M | 171.0M | 298.0M | -- | -- | -- | -- | 20.4M | 174.0M | 158.0M | 131.0M | 131.0M | 45.0M |
| Accounts Payable | 217.0M | 163.0M | 180.0M | 163.0M | 67.3M | 59.0M | 44.8M | 52.3M | 38.3M | 40.7M | 47.5M | 57.4M | 61.4M | 55.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 21.5M | 15.3M | 9.8M | 8.7M | 5.7M | 4.4M | 11.4M | 7.1M | 8.9M |
| Contract Liabilities | 16.6M | 26.7M | 18.4M | 60.6M | 13.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 783.0M | 643.0M | 1.0B | 767.0M | 182.0M | 123.0M | 96.9M | 95.2M | 88.2M | 283.0M | 245.0M | 233.0M | 220.0M | 133.0M |
| Long Term Borrowings | 579.0M | 652.0M | 333.0M | 547.0M | 353.0M | -- | -- | -- | -- | -- | 50.0M | 50.0M | 59.0M | 30.0M |
| Total Non Current Liabilities | 1.1B | 738.0M | 409.0M | 597.0M | 372.0M | 20.3M | 16.2M | 11.7M | 14.4M | 16.0M | 68.4M | 70.9M | 78.4M | 36.0M |
| Total Liabilities | 1.8B | 1.4B | 1.4B | 1.4B | 555.0M | 143.0M | 113.0M | 107.0M | 103.0M | 299.0M | 314.0M | 304.0M | 299.0M | 169.0M |
| Paid In Capital | 509.0M | 509.0M | 509.0M | 508.0M | 431.0M | 431.0M | 308.0M | 220.0M | 220.0M | 165.0M | 165.0M | 165.0M | 165.0M | 110.0M |
| Capital Reserve | 643.0M | 642.0M | 632.0M | 609.0M | 200.0M | 206.0M | 324.0M | 412.0M | 412.0M | 165.0M | 165.0M | 165.0M | 165.0M | 220.0M |
| Surplus Reserve | 190.0M | 155.0M | 133.0M | 111.0M | 95.1M | 80.3M | 65.3M | 50.8M | 41.0M | 32.4M | 26.4M | 17.3M | 10.0M | 785,800 |
| Retained Earnings | 1.9B | 1.5B | 1.3B | 963.0M | 714.0M | 623.0M | 532.0M | 431.0M | 364.0M | 293.0M | 237.0M | 153.0M | 89.2M | 7.0M |
| Minority Equity | 48.4M | 62.4M | 38.3M | 8.7M | 7.5M | 6.4M | 1.8M | 1.0M | 400,000 | -- | -- | -- | -- | -- |
| Equity Attributable | 3.2B | 2.8B | 2.5B | 2.2B | 1.4B | 1.3B | 1.2B | 1.1B | 1.0B | 664.0M | 600.0M | 514.0M | 443.0M | 353.0M |
| Total Equity | 3.2B | 2.9B | 2.6B | 2.2B | 1.5B | 1.4B | 1.2B | 1.1B | 1.0B | 664.0M | 600.0M | 514.0M | 443.0M | 353.0M |
| 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 | 2.5B | 2.3B | 2.0B | 2.0B | 726.0M | 1.0B | 928.0M | 644.0M | 963.0M | 856.0M | 924.0M | 727.0M | 659.0M | 610.0M |
| Tax Refunds Received | 2.3M | -- | -- | -- | -- | -- | -- | -- | 22,300 | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.5B | 2.4B | 2.1B | 2.1B | 744.0M | 1.1B | 933.0M | 648.0M | 969.0M | 860.0M | 927.0M | 735.0M | 679.0M | 685.0M |
| Cash Paid For Goods | 1.4B | 1.2B | 823.0M | 1.1B | 358.0M | 470.0M | 509.0M | 398.0M | 566.0M | 557.0M | 572.0M | 460.0M | 412.0M | 391.0M |
| Cash Paid To Employees | 382.0M | 356.0M | 345.0M | 318.0M | 159.0M | 160.0M | 145.0M | 126.0M | 111.0M | 97.9M | 89.3M | 64.6M | 48.7M | 33.0M |
| Taxes Paid | 163.0M | 186.0M | 200.0M | 148.0M | 41.1M | 88.8M | 107.0M | 75.0M | 76.3M | 65.6M | 56.1M | 47.5M | 43.6M | 85.9M |
| Total Operating Cash Outflow | 2.2B | 2.0B | 1.6B | 1.7B | 737.0M | 860.0M | 852.0M | 665.0M | 861.0M | 797.0M | 803.0M | 637.0M | 553.0M | 573.0M |
| Operating Cash Flow | 333.0M | 396.0M | 491.0M | 408.0M | 6.5M | 203.0M | 81.4M | -16.9M | 108.0M | 63.2M | 125.0M | 97.8M | 126.0M | 112.0M |
| Total Investing Cash Inflow | 8.6M | 25.1M | 12.3M | 402.0M | 1.0B | 256.0M | 66.1M | 159.0M | 1.1M | -- | 2.2M | 2.3M | 73,100 | 2.3M |
| Total Investing Cash Outflow | 373.0M | 299.0M | 326.0M | 485.0M | 1.2B | 465.0M | 20.9M | 66.0M | 214.0M | 57.9M | 80.1M | 115.0M | 207.0M | 166.0M |
| Investing Cash Flow | -364.0M | -274.0M | -314.0M | -82.7M | -187.0M | -209.0M | 45.2M | 92.7M | -213.0M | -57.9M | -77.9M | -113.0M | -206.0M | -164.0M |
| Cash From Borrowings | 673.0M | 580.0M | 588.0M | 573.0M | 355.0M | -- | -- | 24.3M | 178.0M | 245.0M | 178.0M | 161.0M | 186.0M | 55.0M |
| Dividends And Interest Paid | 121.0M | 137.0M | 123.0M | 80.1M | 46.9M | 37.6M | 31.5M | 27.8M | 10.1M | 15.2M | 18.6M | 15.8M | 11.7M | 64.5M |
| Debt Repayments | 287.0M | 600.0M | 554.0M | 783.0M | 2.4M | -- | -- | 44.7M | 371.0M | 239.0M | 169.0M | 152.0M | 70.7M | 61.0M |
| Total Financing Cash Inflow | 674.0M | 603.0M | 590.0M | 647.0M | 359.0M | -- | -- | 24.7M | 488.0M | 245.0M | 178.0M | 161.0M | 186.0M | 147.0M |
| Total Financing Cash Outflow | 476.0M | 742.0M | 678.0M | 1.0B | 89.3M | 37.6M | 31.5M | 72.5M | 386.0M | 255.0M | 188.0M | 168.0M | 82.4M | 130.0M |
| Financing Cash Flow | 198.0M | -138.0M | -87.2M | -374.0M | 269.0M | -37.6M | -31.5M | -47.8M | 102.0M | -9.4M | -9.6M | -6.8M | 103.0M | 17.3M |
| Net Change In Cash | 172.0M | -15.7M | 101.0M | -49.2M | 89.1M | -43.7M | 93.8M | 27.7M | -2.1M | -3.7M | 37.1M | -22.0M | 23.0M | -34.9M |
| Ending Cash Balance | 421.0M | 248.0M | 264.0M | 163.0M | 212.0M | 123.0M | 167.0M | 73.1M | 45.4M | 47.4M | 51.1M | 14.0M | 36.0M | 13.0M |
| Capex | 284.0M | 293.0M | 260.0M | 330.0M | 106.0M | 25.0M | 10.9M | 11.0M | 59.4M | 57.9M | 80.1M | 115.0M | 207.0M | 166.0M |