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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.3B | 1.8B | 1.7B | 1.6B | 1.1B | 1.1B | 1.1B | 843.0M | 692.0M | 572.0M | 640.0M | 497.0M | 519.0M |
| Revenue Growth % | 31.0% | 3.4% | 5.5% | 41.6% | 2.6% | 2.4% | 28.5% | 21.8% | 21.0% | -10.6% | 28.8% | -4.2% | -- |
| Total Revenue | 2.3B | 1.8B | 1.7B | 1.6B | 1.1B | 1.1B | 1.1B | 843.0M | 692.0M | 572.0M | 640.0M | 497.0M | 519.0M |
| Cost Of Revenue | 1.7B | 1.3B | 1.3B | 1.3B | 861.0M | 763.0M | 827.0M | 629.0M | 488.0M | 420.0M | 465.0M | 357.0M | 375.0M |
| Gross Profit | 555.0M | 426.0M | 361.0M | 340.0M | 277.0M | 346.0M | 256.0M | 214.0M | 204.0M | 152.0M | 175.0M | 140.0M | 144.0M |
| Gross Margin % | 24.1% | 24.2% | 21.2% | 21.1% | 24.3% | 31.2% | 23.6% | 25.4% | 29.5% | 26.6% | 27.3% | 28.2% | 27.7% |
| Total Operating Cost | 2.2B | 1.7B | 1.6B | 1.6B | 1.1B | 997.0M | 972.0M | 772.0M | 589.0M | 498.0M | 561.0M | 441.0M | 456.0M |
| Selling Expenses | 101.0M | 82.9M | 71.9M | 60.3M | 36.4M | 55.8M | 42.4M | 32.6M | 28.3M | 24.9M | 26.2M | 19.2M | 17.7M |
| Admin Expenses | 130.0M | 96.0M | 93.7M | 91.4M | 77.6M | 75.3M | 54.0M | 47.7M | 72.9M | 62.7M | 63.2M | 53.9M | 47.7M |
| Rd Expenses | 111.0M | 81.2M | 75.9M | 77.0M | 53.4M | 45.6M | 45.6M | 38.2M | -- | -- | -- | -- | -- |
| Finance Expenses | 12.7M | 13.1M | -12.0M | 26.3M | 40.2M | 4.3M | -11.1M | 9.4M | -12.2M | -13.1M | 307,600 | 8.1M | 8.7M |
| Operating Income | 112.0M | 82.4M | 79.7M | 80.4M | 144.0M | 122.0M | 123.0M | 79.7M | 103.0M | 74.4M | 74.0M | 62.5M | 63.3M |
| Operating Margin % | 4.9% | 4.7% | 4.7% | 5.0% | 12.7% | 11.0% | 11.4% | 9.5% | 14.9% | 13.0% | 11.6% | 12.6% | 12.2% |
| Non Operating Income | 152,700 | 673,600 | 31,700 | 444,900 | 127,100 | 1.0M | 42.00 | 5.1M | 3.5M | 6.2M | 2.0M | 5.1M | 3.5M |
| Non Operating Expenses | 3.6M | 2.2M | 1.6M | 5.7M | 4.2M | 944,000 | 622,800 | 308,300 | 615,300 | 905,100 | 1.8M | 896,900 | 691,400 |
| Investment Income | -9.5M | -8.6M | -14.9M | 33.8M | -276,500 | 445,600 | 5.7M | 5.4M | 338,800 | -43,600 | -489,700 | 2.3M | 145,700 |
| Fair Value Change Income | -- | -- | -- | -- | 3.2M | -1.4M | 1.4M | -- | -- | 834,900 | -4.8M | 4.3M | -496,000 |
| Asset Disposal Income | 2.5M | 83,700 | -35,000 | -701,700 | 112.0M | -93,000 | 107,100 | 265,700 | -17,200 | -- | -- | -- | -- |
| Asset Impairment Loss | 41.4M | 34.4M | 40.4M | 25.9M | 35.6M | 32.1M | 6.6M | 7.4M | 5.1M | -15,100 | 2.4M | 1.1M | 3.3M |
| Other Income | 14.9M | 11.5M | 12.2M | 9.6M | 13.9M | 11.2M | 5.3M | 3.0M | -- | -- | -- | -- | -- |
| Income Before Tax | 109.0M | 80.8M | 78.1M | 75.1M | 140.0M | 122.0M | 122.0M | 84.5M | 106.0M | 79.8M | 74.1M | 66.7M | 66.2M |
| Income Tax | 16.7M | 19.4M | 19.9M | 3.4M | 26.4M | 19.0M | 15.4M | 12.5M | 17.9M | 12.6M | 13.6M | 7.0M | 10.4M |
| Net Income | 92.2M | 61.4M | 58.3M | 71.7M | 114.0M | 103.0M | 107.0M | 72.0M | 88.2M | 67.2M | 60.5M | 59.7M | 55.8M |
| Net Margin % | 4.0% | 3.5% | 3.4% | 4.4% | 10.0% | 9.3% | 9.9% | 8.5% | 12.7% | 11.7% | 9.5% | 12.0% | 10.7% |
| Net Income Attributable | 71.5M | 58.9M | 70.6M | 62.7M | 110.0M | 74.5M | 101.0M | 72.0M | 88.2M | 67.2M | 60.5M | 59.7M | 55.8M |
| Minority Interest | 20.8M | 2.5M | -12.3M | 9.0M | 4.1M | 28.2M | 6.2M | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.32 | 0.26 | 0.32 | 0.28 | 0.52 | 0.36 | 0.65 | 0.69 | 1.10 | 0.84 | 0.76 | 0.75 | 0.70 |
| Eps Diluted | 0.32 | 0.26 | 0.32 | 0.28 | 0.52 | 0.36 | 0.65 | 0.69 | 1.10 | 0.84 | 0.76 | 0.75 | 0.70 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 169.0M | 159.0M | 116.0M | 134.0M | 124.0M | 137.0M | 226.0M | 254.0M | 173.0M | 147.0M | 108.0M | 82.0M | 73.7M |
| Trading Financial Assets | -- | -- | -- | -- | 33.2M | -- | 1.4M | -- | -- | -- | -- | 4.0M | -- |
| Accounts Receivable | 707.0M | 421.0M | 349.0M | 376.0M | 300.0M | 269.0M | 326.0M | 193.0M | 208.0M | 136.0M | 155.0M | 118.0M | 115.0M |
| Notes Receivable | 209,000 | -- | -- | -- | 7.0M | 3.9M | 1.7M | -- | -- | -- | 295,100 | 100,000 | 1.0M |
| Notes And Accounts Receivable | 707.0M | 421.0M | 349.0M | 376.0M | 307.0M | 273.0M | 327.0M | 193.0M | 208.0M | 136.0M | 155.0M | 118.0M | 116.0M |
| Prepayments | 4.6M | 2.4M | 3.5M | 3.1M | 3.3M | 1.5M | 1.9M | 173,000 | 1.9M | 2.4M | 521,700 | 291,100 | 593,100 |
| Inventory | 604.0M | 457.0M | 450.0M | 530.0M | 342.0M | 285.0M | 232.0M | 131.0M | 92.0M | 58.9M | 70.9M | 60.1M | 45.3M |
| Total Current Assets | 1.6B | 1.1B | 964.0M | 1.1B | 874.0M | 722.0M | 816.0M | 772.0M | 479.0M | 349.0M | 346.0M | 276.0M | 244.0M |
| Long Term Equity Investment | 7.6M | 4.6M | 905,300 | 283,400 | 900,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 919.0M | 761.0M | 544.0M | -- | 499.0M | 404.0M | 159.0M | 147.0M | 157.0M | 171.0M | 177.0M | 190.0M |
| Fixed Assets Total | 1.2B | 919.0M | 761.0M | 544.0M | 536.0M | 499.0M | 404.0M | 159.0M | 147.0M | 157.0M | 171.0M | 177.0M | 190.0M |
| Construction In Progress | -- | 153.0M | 152.0M | 120.0M | 27.5M | 34.1M | 52.7M | 48.8M | 14.2M | 5.9M | 6.1M | 2.8M | 4.3M |
| Construction In Progress Total | 127.0M | 153.0M | 152.0M | 120.0M | 27.5M | 34.1M | 52.7M | 48.8M | 14.2M | 5.9M | 6.1M | 2.8M | 4.3M |
| Intangible Assets | 278.0M | 284.0M | 272.0M | 148.0M | 160.0M | 85.6M | 86.1M | 61.0M | 62.5M | 62.3M | 64.0M | 64.8M | 66.4M |
| Long Term Deferred Expenses | 57.9M | 48.1M | 21.8M | 19.2M | 9.7M | 3.0M | 4.0M | 4.6M | 490,500 | 687,300 | 884,000 | 543,100 | 643,600 |
| Total Non Current Assets | 1.9B | 1.6B | 1.4B | 1.1B | 929.0M | 832.0M | 781.0M | 280.0M | 229.0M | 232.0M | 246.0M | 253.0M | 267.0M |
| Total Assets | 3.5B | 2.8B | 2.4B | 2.2B | 1.8B | 1.6B | 1.6B | 1.1B | 708.0M | 581.0M | 592.0M | 529.0M | 512.0M |
| Short Term Borrowings | 456.0M | 337.0M | 277.0M | 182.0M | -- | 123.0M | 128.0M | -- | 100,000 | 100,000 | 100,000 | 20.0M | 90.1M |
| Accounts Payable | 610.0M | 363.0M | 287.0M | 368.0M | 270.0M | 185.0M | 238.0M | 163.0M | 143.0M | 95.9M | 111.0M | 95.5M | 78.5M |
| Advance Receipts | 180,700 | -- | 180,700 | 180,700 | -- | 11.1M | 7.7M | 6.6M | 4.1M | 3.8M | 5.0M | 7.1M | 6.6M |
| Contract Liabilities | 12.8M | 13.8M | 17.8M | 17.3M | 14.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 970.0M | 820.0M | 822.0M | 461.0M | 535.0M | 680.0M | 331.0M | 293.0M | 217.0M | 260.0M | 224.0M | 245.0M |
| Long Term Borrowings | 304.0M | 219.0M | 131.0M | -- | -- | 30.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 450.0M | 477.0M | 323.0M | 187.0M | 170.0M | 52.7M | 19.7M | 10.1M | 10.2M | 10.3M | 10.4M | 11.1M | 5.2M |
| Total Liabilities | 2.1B | 1.4B | 1.1B | 1.0B | 631.0M | 587.0M | 700.0M | 341.0M | 303.0M | 227.0M | 270.0M | 235.0M | 250.0M |
| Paid In Capital | 224.0M | 224.0M | 223.0M | 222.0M | 222.0M | 155.0M | 107.0M | 107.0M | 80.0M | 80.0M | 80.0M | 80.0M | 80.0M |
| Capital Reserve | 385.0M | 384.0M | 371.0M | 371.0M | 371.0M | 296.0M | 344.0M | 344.0M | 106.0M | 106.0M | 106.0M | 106.0M | 106.0M |
| Surplus Reserve | 75.6M | 68.4M | 64.5M | 62.0M | 58.9M | 54.2M | 45.2M | 38.5M | 33.4M | 26.1M | 19.5M | 13.6M | 5.3M |
| Retained Earnings | 528.0M | 463.0M | 431.0M | 385.0M | 360.0M | 317.0M | 283.0M | 221.0M | 186.0M | 141.0M | 117.0M | 94.1M | 70.6M |
| Minority Equity | 173.0M | 150.0M | 147.0M | 159.0M | 149.0M | 145.0M | 117.0M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.2B | 1.1B | 1.1B | 1.0B | 822.0M | 779.0M | 711.0M | 405.0M | 353.0M | 322.0M | 294.0M | 262.0M |
| Total Equity | 1.4B | 1.3B | 1.3B | 1.2B | 1.2B | 967.0M | 896.0M | 711.0M | 405.0M | 353.0M | 322.0M | 294.0M | 262.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.9B | 1.6B | 1.8B | 1.4B | 1.0B | 1.1B | 932.0M | 829.0M | 611.0M | 628.0M | 608.0M | 507.0M | 489.0M |
| Tax Refunds Received | 146.0M | 120.0M | 137.0M | 129.0M | 81.9M | 97.1M | 96.1M | 88.1M | 65.1M | 61.1M | 61.0M | 47.2M | 48.3M |
| Total Operating Cash Inflow | 2.2B | 1.9B | 2.1B | 1.6B | 1.2B | 1.3B | 1.1B | 972.0M | 715.0M | 745.0M | 699.0M | 574.0M | 567.0M |
| Cash Paid For Goods | 1.4B | 1.1B | 1.3B | 1.2B | 761.0M | 751.0M | 685.0M | 622.0M | 428.0M | 473.0M | 429.0M | 335.0M | 373.0M |
| Cash Paid To Employees | 448.0M | 337.0M | 346.0M | 313.0M | 227.0M | 222.0M | 146.0M | 122.0M | 104.0M | 87.0M | 88.0M | 63.0M | 60.4M |
| Taxes Paid | 45.1M | 36.7M | 26.0M | 30.2M | 24.6M | 46.6M | 27.1M | 31.0M | 33.7M | 23.3M | 23.8M | 19.0M | 24.3M |
| Total Operating Cash Outflow | 2.1B | 1.6B | 1.8B | 1.6B | 1.1B | 1.1B | 999.0M | 870.0M | 645.0M | 654.0M | 623.0M | 472.0M | 498.0M |
| Operating Cash Flow | 126.0M | 288.0M | 245.0M | -31.8M | 86.3M | 131.0M | 93.2M | 102.0M | 69.3M | 90.7M | 75.9M | 102.0M | 68.8M |
| Total Investing Cash Inflow | 7.3M | 1.4M | 411,500 | 157.0M | 363.0M | 591,300 | 648.0M | 365.0M | 471,700 | 737,400 | 1.6M | 8.1M | 389,400 |
| Total Investing Cash Outflow | 419.0M | 374.0M | 435.0M | 282.0M | 469.0M | 173.0M | 815.0M | 616.0M | 17.8M | 8.1M | 21.1M | 10.9M | 55.3M |
| Investing Cash Flow | -412.0M | -373.0M | -435.0M | -125.0M | -106.0M | -172.0M | -167.0M | -251.0M | -17.4M | -7.4M | -19.5M | -2.7M | -54.9M |
| Cash From Borrowings | 770.0M | 559.0M | 505.0M | 200.0M | 435.0M | 292.0M | 135.0M | -- | 5.1M | 200,000 | 10.1M | 94.4M | 238.0M |
| Dividends And Interest Paid | 27.5M | 42.1M | 37.9M | 36.9M | 67.1M | 38.7M | 34.0M | 32.0M | 36.0M | 36.0M | 32.7M | 29.4M | 6.4M |
| Debt Repayments | 460.0M | 398.0M | 278.0M | 19.0M | 298.0M | 268.0M | 88.5M | 100,000 | 5.1M | 200,000 | 30.0M | 164.0M | 228.0M |
| Total Financing Cash Inflow | 788.0M | 581.0M | 510.0M | 201.0M | 435.0M | 356.0M | 135.0M | 277.0M | 5.1M | 200,000 | 10.1M | 95.4M | 243.0M |
| Total Financing Cash Outflow | 508.0M | 459.0M | 332.0M | 63.1M | 412.0M | 381.0M | 123.0M | 46.7M | 46.1M | 36.2M | 62.7M | 195.0M | 236.0M |
| Financing Cash Flow | 280.0M | 122.0M | 178.0M | 138.0M | 22.8M | -24.6M | 12.4M | 230.0M | -41.0M | -36.0M | -52.6M | -99.6M | 7.5M |
| Net Change In Cash | 11.0M | 43.4M | -3.5M | -23.5M | -3.3M | -63.1M | -60.3M | 78.8M | 14.6M | 54.6M | 3.8M | -4.4M | 20.6M |
| Ending Cash Balance | 107.0M | 96.1M | 52.7M | 56.1M | 79.6M | 83.0M | 146.0M | 206.0M | 128.0M | 113.0M | 58.4M | 54.6M | 59.0M |
| Capex | 414.0M | 369.0M | 435.0M | 222.0M | 205.0M | 139.0M | 74.7M | 75.8M | 17.8M | 7.7M | 20.7M | 10.9M | 55.3M |