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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.5B | 3.3B | 3.6B | 2.7B | 2.3B | 2.5B | 2.1B | 1.8B | 1.6B | 1.4B | 1.2B | 1.0B |
| Revenue Growth % | 4.1% | -7.9% | 36.5% | 17.6% | -8.3% | 15.2% | 18.1% | 14.1% | 14.2% | 13.4% | 22.3% | -- |
| Total Revenue | 3.5B | 3.3B | 3.6B | 2.7B | 2.3B | 2.5B | 2.1B | 1.8B | 1.6B | 1.4B | 1.2B | 1.0B |
| Cost Of Revenue | 2.5B | 2.4B | 2.6B | 1.9B | 1.5B | 1.7B | 1.5B | 1.3B | 1.2B | 1.0B | 924.0M | 748.0M |
| Gross Profit | 931.0M | 946.0M | 1.0B | 802.0M | 711.0M | 768.0M | 614.0M | 514.0M | 423.0M | 357.0M | 300.0M | 253.0M |
| Gross Margin % | 26.9% | 28.4% | 28.5% | 30.2% | 31.5% | 31.2% | 28.8% | 28.4% | 26.7% | 25.7% | 24.5% | 25.3% |
| Total Operating Cost | 3.4B | 3.2B | 3.5B | 2.6B | 2.1B | 2.3B | 2.0B | 1.7B | 1.5B | 1.3B | 1.2B | 947.0M |
| Selling Expenses | 678.0M | 693.0M | 758.0M | 592.0M | 483.0M | 488.0M | 389.0M | 307.0M | 253.0M | 221.0M | 196.0M | 158.0M |
| Admin Expenses | 109.0M | 112.0M | 123.0M | 95.8M | 87.8M | 87.5M | 63.1M | 63.4M | 55.3M | 43.8M | 37.0M | 30.5M |
| Finance Expenses | 28.5M | 33.7M | 46.8M | 43.2M | 4.3M | -8.2M | 4.1M | 5.7M | 5.7M | 3.5M | 3.0M | 2.6M |
| Operating Income | 141.0M | 138.0M | 131.0M | 111.0M | 175.0M | 228.0M | 172.0M | 141.0M | 102.0M | 82.4M | 56.5M | 57.2M |
| Operating Margin % | 4.1% | 4.1% | 3.6% | 4.2% | 7.8% | 9.3% | 8.1% | 7.8% | 6.4% | 5.9% | 4.6% | 5.7% |
| Non Operating Income | 11.8M | 7.7M | 4.0M | 4.1M | 1.5M | 1.1M | 134,500 | 554,300 | 5.7M | 6.5M | 7.3M | 4.7M |
| Non Operating Expenses | 3.0M | 2.2M | 6.6M | 3.6M | 4.9M | 2.6M | 2.4M | 2.3M | 536,300 | 405,600 | 293,500 | 611,300 |
| Investment Income | 15.1M | 26.9M | 21.1M | 27.5M | 22.8M | 8.5M | 15.3M | 2.2M | 1.0M | 1.2M | 980,500 | 2.5M |
| Fair Value Change Income | -- | -- | -- | 5.0M | 4.1M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 4.2M | 4.5M | 4.8M | 4.8M | -378,300 | -225,700 | -130,200 | -247,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 903,700 | 2.8M | 2.5M | 10.2M | 4.2M | 4.9M | 1.4M | 536,100 | 303,600 | 113,200 | 963,400 | 360,200 |
| Other Income | 17.6M | 16.8M | 18.9M | 25.1M | 24.1M | 32.9M | 9.7M | 9.0M | -- | -- | -- | -- |
| Income Before Tax | 149.0M | 143.0M | 128.0M | 111.0M | 171.0M | 227.0M | 170.0M | 139.0M | 107.0M | 88.5M | 63.4M | 61.3M |
| Income Tax | 31.6M | 27.5M | 30.2M | 31.4M | 43.4M | 57.1M | 38.8M | 34.7M | 25.6M | 22.5M | 15.8M | 15.6M |
| Net Income | 118.0M | 116.0M | 98.2M | 79.8M | 128.0M | 170.0M | 131.0M | 105.0M | 81.5M | 66.0M | 47.7M | 45.7M |
| Net Margin % | 3.4% | 3.5% | 2.7% | 3.0% | 5.7% | 6.9% | 6.1% | 5.8% | 5.1% | 4.8% | 3.9% | 4.6% |
| Net Income Attributable | 106.0M | 105.0M | 86.0M | 73.5M | 117.0M | 154.0M | 120.0M | 93.6M | 74.0M | 59.6M | 44.2M | 43.8M |
| Minority Interest | 11.5M | 11.2M | 12.3M | 6.3M | 11.3M | 15.7M | 10.8M | 11.0M | 7.5M | 6.3M | 3.5M | 1.9M |
| Eps Basic | 0.76 | 0.75 | 0.61 | 0.52 | 0.83 | 1.10 | 0.91 | 1.25 | 0.99 | 0.79 | 0.59 | 0.58 |
| Eps Diluted | 0.76 | 0.75 | 0.61 | 0.52 | 0.83 | 1.10 | 0.91 | 1.25 | 0.99 | 0.79 | 0.59 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 438.0M | 479.0M | 382.0M | 145.0M | 639.0M | 655.0M | 599.0M | 116.0M | 75.0M | 7.5M | 14.5M | 30.7M |
| Trading Financial Assets | -- | -- | -- | 230.0M | -- | 3.4M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 84.4M | 87.2M | 154.0M | 67.1M | 15.6M | 19.2M | 14.7M | 9.1M | 9.9M | 28.9M | 26.3M | 19.6M |
| Notes And Accounts Receivable | 84.4M | 87.2M | 154.0M | 67.1M | 15.6M | 19.2M | 14.7M | 9.1M | 9.9M | 28.9M | 26.3M | 19.6M |
| Prepayments | 161.0M | 157.0M | 195.0M | 189.0M | 81.2M | 56.3M | 54.1M | 82.7M | 44.9M | 37.2M | 18.8M | 18.3M |
| Inventory | 763.0M | 803.0M | 846.0M | 876.0M | 505.0M | 568.0M | 462.0M | 369.0M | 346.0M | 310.0M | 253.0M | 189.0M |
| Total Current Assets | 1.6B | 1.7B | 1.7B | 1.6B | 1.3B | 1.4B | 1.2B | 613.0M | 513.0M | 440.0M | 363.0M | 290.0M |
| Long Term Equity Investment | 19.1M | 20.5M | 21.1M | 22.2M | 21.9M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 126.0M | 138.0M | 153.0M | 74.1M | 81.8M | 70.6M | 70.8M | 73.9M | 73.7M | 12.1M | 12.0M |
| Fixed Assets Total | 119.0M | 126.0M | 138.0M | 153.0M | 74.1M | 81.8M | 70.6M | 70.8M | 73.9M | 73.7M | 12.1M | 12.0M |
| Construction In Progress | -- | -- | -- | -- | 43.4M | 14.1M | -- | -- | -- | 35,600 | 24.1M | 87,000 |
| Construction In Progress Total | -- | -- | -- | -- | 43.4M | 14.1M | -- | -- | -- | 35,600 | 24.1M | 87,000 |
| Intangible Assets | 132.0M | 140.0M | 149.0M | 157.0M | 74.9M | 23.4M | 17.8M | 19.7M | 20.8M | 18.2M | 14.2M | 14.4M |
| Long Term Deferred Expenses | 26.9M | 24.5M | 35.0M | 53.1M | 43.4M | 47.1M | 32.8M | 28.7M | 23.2M | 19.9M | 18.6M | 16.6M |
| Total Non Current Assets | 848.0M | 887.0M | 1.0B | 1.2B | 399.0M | 273.0M | 204.0M | 157.0M | 144.0M | 136.0M | 91.7M | 64.7M |
| Total Assets | 2.4B | 2.6B | 2.7B | 2.8B | 1.7B | 1.7B | 1.4B | 770.0M | 657.0M | 577.0M | 455.0M | 355.0M |
| Short Term Borrowings | 208.0M | 295.0M | 308.0M | 389.0M | 89.4M | 60.0M | 50.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 413.0M | 446.0M | 484.0M | 432.0M | 289.0M | 313.0M | 265.0M | 227.0M | 214.0M | 172.0M | 140.0M | 103.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.4M | 10.9M | 10.6M | 8.4M | 6.5M | 5.6M | 5.1M |
| Contract Liabilities | 90.4M | 68.5M | 90.3M | 64.2M | 24.7M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 1.1B | 1.3B | 1.4B | 619.0M | 577.0M | 459.0M | 359.0M | 328.0M | 268.0M | 210.0M | 153.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 30.0M | 10.0M | -- |
| Total Non Current Liabilities | 202.0M | 235.0M | 303.0M | 419.0M | 40.8M | 1.3M | -- | -- | -- | 30.0M | 10.0M | -- |
| Total Liabilities | 1.2B | 1.4B | 1.6B | 1.8B | 660.0M | 579.0M | 459.0M | 359.0M | 328.0M | 298.0M | 220.0M | 153.0M |
| Paid In Capital | 139.0M | 141.0M | 141.0M | 142.0M | 143.0M | 102.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 290.0M | 314.0M | 314.0M | 330.0M | 354.0M | 464.0M | 416.0M | 29.1M | 29.1M | 29.1M | 29.1M | 29.6M |
| Surplus Reserve | 50.0M | 43.8M | 40.1M | 37.4M | 31.8M | 26.0M | 19.7M | 15.3M | 8.6M | 8.1M | 6.0M | 3.8M |
| Retained Earnings | 675.0M | 638.0M | 579.0M | 524.0M | 522.0M | 462.0M | 350.0M | 255.0M | 189.0M | 147.0M | 110.0M | 78.6M |
| Minority Equity | 51.8M | 43.7M | 39.7M | 38.6M | 30.8M | 63.0M | 43.8M | 37.1M | 27.1M | 19.6M | 14.7M | 15.3M |
| Equity Attributable | 1.2B | 1.1B | 1.1B | 1.0B | 1.0B | 1.0B | 885.0M | 374.0M | 301.0M | 259.0M | 220.0M | 187.0M |
| Total Equity | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 929.0M | 411.0M | 328.0M | 278.0M | 235.0M | 202.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.0B | 3.8B | 4.0B | 3.0B | 2.5B | 2.8B | 2.5B | 2.1B | 1.8B | 1.6B | 1.4B | 1.2B |
| Tax Refunds Received | -- | -- | -- | -- | -- | -- | 602,700 | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 4.0B | 3.8B | 4.1B | 3.0B | 2.6B | 2.8B | 2.5B | 2.1B | 1.8B | 1.6B | 1.4B | 1.2B |
| Cash Paid For Goods | 2.9B | 2.6B | 2.8B | 2.5B | 1.7B | 2.0B | 1.8B | 1.5B | 1.3B | 1.3B | 1.1B | 904.0M |
| Cash Paid To Employees | 391.0M | 397.0M | 395.0M | 314.0M | 240.0M | 240.0M | 195.0M | 159.0M | 135.0M | 113.0M | 101.0M | 82.2M |
| Taxes Paid | 134.0M | 143.0M | 127.0M | 111.0M | 123.0M | 146.0M | 115.0M | 80.1M | 73.2M | 50.7M | 48.1M | 47.3M |
| Total Operating Cash Outflow | 3.7B | 3.4B | 3.6B | 3.2B | 2.4B | 2.7B | 2.4B | 2.0B | 1.7B | 1.6B | 1.4B | 1.1B |
| Operating Cash Flow | 333.0M | 398.0M | 429.0M | -174.0M | 200.0M | 129.0M | 104.0M | 108.0M | 121.0M | 41.7M | 45.5M | 36.3M |
| Total Investing Cash Inflow | 21.4M | 29.1M | 250.0M | 26.7M | 24.3M | 8.4M | 15.5M | 2.4M | 30.9M | 1.3M | 1.1M | 2.9M |
| Total Investing Cash Outflow | 34.5M | 51.0M | 98.2M | 435.0M | 158.0M | 86.4M | 66.2M | 33.7M | 38.0M | 51.8M | 57.7M | 44.6M |
| Investing Cash Flow | -13.1M | -21.8M | 151.0M | -408.0M | -133.0M | -78.0M | -50.7M | -31.4M | -7.0M | -50.6M | -56.6M | -41.7M |
| Cash From Borrowings | 480.0M | 510.0M | 646.0M | 611.0M | 88.7M | 160.0M | 50.0M | -- | -- | 20.0M | 10.0M | -- |
| Dividends And Interest Paid | 78.1M | 61.0M | 46.2M | 55.7M | 62.3M | 44.2M | 32.7M | 35.4M | 16.3M | 18.1M | 13.3M | 10.0M |
| Debt Repayments | 568.0M | 522.0M | 729.0M | 312.0M | 60.0M | 152.0M | 0.00 | -- | 30.0M | -- | -- | -- |
| Total Financing Cash Inflow | 482.0M | 512.0M | 647.0M | 611.0M | 88.7M | 200.0M | 473.0M | 0.00 | -- | 20.0M | 14.1M | -- |
| Total Financing Cash Outflow | 843.0M | 792.0M | 991.0M | 522.0M | 170.0M | 196.0M | 44.1M | 35.4M | 46.3M | 18.1M | 19.1M | 10.0M |
| Financing Cash Flow | -361.0M | -280.0M | -344.0M | 88.7M | -81.7M | 4.5M | 429.0M | -35.4M | -46.3M | 1.9M | -5.0M | -10.0M |
| Net Change In Cash | -40.4M | 96.3M | 237.0M | -494.0M | -15.4M | 55.6M | 482.0M | 41.5M | 67.4M | -7.0M | -16.2M | -15.4M |
| Ending Cash Balance | 438.0M | 479.0M | 382.0M | 145.0M | 639.0M | 655.0M | 599.0M | 116.0M | 75.0M | 7.5M | 14.5M | 30.7M |
| Capex | 34.5M | 28.6M | 53.5M | 84.9M | 72.9M | 77.6M | 46.2M | 33.7M | 38.0M | 50.6M | 41.6M | 31.5M |