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 | 1.2B | 1.0B | 1.1B | 951.0M | 886.0M | 836.0M | 672.0M | 314.0M | 346.0M | 421.0M | 422.0M | 403.0M | 391.0M | 393.0M |
| Revenue Growth % | 21.3% | -3.2% | 10.8% | 7.3% | 6.0% | 24.4% | 114.0% | -9.2% | -17.8% | -0.2% | 4.7% | 3.1% | -0.5% | -- |
| Total Revenue | 1.2B | 1.0B | 1.1B | 951.0M | 886.0M | 836.0M | 672.0M | 314.0M | 346.0M | 421.0M | 422.0M | 403.0M | 391.0M | 393.0M |
| Cost Of Revenue | 1.0B | 823.0M | 853.0M | 722.0M | 679.0M | 615.0M | 493.0M | 264.0M | 266.0M | 304.0M | 303.0M | 279.0M | 283.0M | 283.0M |
| Gross Profit | 223.0M | 197.0M | 201.0M | 229.0M | 207.0M | 221.0M | 179.0M | 50.0M | 80.0M | 117.0M | 119.0M | 124.0M | 108.0M | 110.0M |
| Gross Margin % | 18.0% | 19.3% | 19.1% | 24.1% | 23.4% | 26.4% | 26.6% | 15.9% | 23.1% | 27.8% | 28.2% | 30.8% | 27.6% | 28.0% |
| Total Operating Cost | 1.2B | 963.0M | 999.0M | 873.0M | 790.0M | 725.0M | 583.0M | 314.0M | 310.0M | 365.0M | 366.0M | 345.0M | 341.0M | 337.0M |
| Selling Expenses | 7.9M | 7.2M | 6.1M | 7.2M | 5.7M | 7.9M | 5.9M | 6.0M | 6.9M | 8.2M | 5.5M | 6.2M | 3.8M | 3.8M |
| Admin Expenses | 71.3M | 47.3M | 39.7M | 36.9M | 31.3M | 35.7M | 31.4M | 15.1M | 22.4M | 23.1M | 19.9M | 19.4M | 19.3M | 16.6M |
| Rd Expenses | 35.6M | 24.4M | 26.3M | 26.2M | 21.7M | 29.2M | 21.9M | 6.6M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 29.8M | 36.6M | 28.3M | 26.5M | 20.7M | 13.3M | 9.1M | 17.8M | 8.5M | 16.6M | 33.1M | 34.6M | 30.9M | 27.8M |
| Operating Income | 83.6M | 79.9M | 45.1M | 81.2M | 111.0M | 120.0M | 97.2M | 8.7M | 35.5M | 55.7M | 55.7M | 58.3M | 49.7M | 56.7M |
| Operating Margin % | 6.8% | 7.8% | 4.3% | 8.5% | 12.5% | 14.4% | 14.5% | 2.8% | 10.3% | 13.2% | 13.2% | 14.5% | 12.7% | 14.4% |
| Non Operating Income | 313,500 | 1.3M | 4.6M | 607,500 | 30,000 | 606,800 | 49,600 | 1.0M | 5.7M | 12.0M | 10.9M | 7.3M | 7.8M | 6.6M |
| Non Operating Expenses | 459,200 | 5.1M | 186,200 | 202,600 | 171,500 | 191,400 | 5,300 | 319,500 | 500.00 | 2.1M | 38,200 | 2.3M | 2.7M | 2.0M |
| Investment Income | 78.7M | 19.3M | -20.1M | -3.0M | 2.38 | 23.01 | 8,268 | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | 74,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 490,400 | -50,700 | 13,400 | 40,100 | 1.4M | -11,200 | 3.1M | 184,000 | -290,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.9M | 1.1M | 5.7M | 8.8M | 5.2M | 4.4M | 14.3M | -42,400 | 3.1M | 8.7M | 2.0M | 3.0M | 2.2M | 2.4M |
| Other Income | 9.9M | 4.2M | 9.9M | 5.8M | 13.2M | 8.6M | 4.5M | 8.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 83.5M | 76.1M | 49.5M | 81.6M | 111.0M | 120.0M | 97.3M | 9.4M | 41.2M | 65.6M | 66.5M | 63.3M | 54.8M | 61.3M |
| Income Tax | -3.3M | 4.6M | 9.2M | 9.2M | 11.7M | 6.6M | 7.6M | 530,300 | 6.8M | 10.4M | 10.3M | 10.2M | 8.5M | 10.2M |
| Net Income | 86.8M | 71.5M | 40.3M | 72.4M | 98.8M | 113.0M | 89.7M | 8.9M | 34.4M | 55.2M | 56.3M | 53.1M | 46.2M | 51.2M |
| Net Margin % | 7.0% | 7.0% | 3.8% | 7.6% | 11.2% | 13.5% | 13.3% | 2.8% | 9.9% | 13.1% | 13.3% | 13.2% | 11.8% | 13.0% |
| Net Income Attributable | 87.5M | 71.8M | 40.3M | 75.0M | 99.2M | 114.0M | 90.4M | 8.9M | 34.4M | 55.2M | 56.3M | 53.1M | 46.2M | 51.2M |
| Minority Interest | -724,000 | -323,300 | -13,100 | -2.6M | -381,300 | -672,400 | -749,600 | -25,800 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.28 | 0.23 | 0.13 | 0.24 | 0.32 | 0.37 | 0.29 | 0.04 | 0.17 | 0.60 | 0.75 | 0.71 | 0.62 | 0.68 |
| Eps Diluted | 0.28 | 0.23 | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| 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 | 140.0M | 164.0M | 291.0M | 246.0M | 249.0M | 278.0M | 170.0M | 244.0M | 109.0M | 132.0M | 130.0M | 108.0M | 80.2M | 95.8M |
| Trading Financial Assets | -- | -- | 74,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 887.0M | 855.0M | 935.0M | 813.0M | 728.0M | 656.0M | 590.0M | 270.0M | 222.0M | 261.0M | 193.0M | 174.0M | 170.0M | 137.0M |
| Notes Receivable | 47.0M | 67.0M | 39.9M | 16.7M | 4.4M | 4.8M | 69.9M | 49.8M | 45.2M | 14.5M | 50.5M | 33.8M | 46.5M | 36.0M |
| Notes And Accounts Receivable | 934.0M | 922.0M | 975.0M | 829.0M | 732.0M | 661.0M | 660.0M | 320.0M | 267.0M | 276.0M | 243.0M | 208.0M | 216.0M | 173.0M |
| Prepayments | 110.0M | 137.0M | 111.0M | 164.0M | 165.0M | 103.0M | 65.7M | 55.1M | 44.9M | 42.2M | 23.3M | 17.0M | 8.1M | 13.2M |
| Inventory | 586.0M | 564.0M | 547.0M | 534.0M | 415.0M | 335.0M | 259.0M | 205.0M | 179.0M | 144.0M | 166.0M | 145.0M | 116.0M | 97.6M |
| Total Current Assets | 2.0B | 2.0B | 2.2B | 2.0B | 1.6B | 1.5B | 1.2B | 844.0M | 613.0M | 608.0M | 573.0M | 489.0M | 430.0M | 385.0M |
| Long Term Equity Investment | 234.0M | 152.0M | 66.1M | 15.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 507.0M | 415.0M | 297.0M | 337.0M | 345.0M | 398.0M | 334.0M | 347.0M | 389.0M | 374.0M | 412.0M | 328.0M | 261.0M |
| Fixed Assets Total | 470.0M | 507.0M | 415.0M | 297.0M | 337.0M | 345.0M | 398.0M | 334.0M | 347.0M | 389.0M | 374.0M | 412.0M | 328.0M | 261.0M |
| Construction In Progress | -- | 277,200 | 13.8M | 92.2M | 23.6M | 59.8M | 69.4M | 115.0M | 21.6M | 19.2M | 29.8M | 1.9M | 40.8M | 77.3M |
| Construction In Progress Total | 277,200 | 277,200 | 13.8M | 92.2M | 23.6M | 59.8M | 69.4M | 115.0M | 21.6M | 19.2M | 29.8M | 1.9M | 40.8M | 77.3M |
| Intangible Assets | 29.7M | 32.3M | 30.4M | 33.2M | 47.6M | 38.2M | 39.3M | 37.6M | 24.2M | 25.5M | 26.6M | 27.9M | 29.2M | 21.0M |
| Long Term Deferred Expenses | 6.1M | 4.6M | 5.7M | 6.7M | 7.7M | 8.7M | 10.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 848.0M | 784.0M | 616.0M | 550.0M | 483.0M | 475.0M | 546.0M | 536.0M | 461.0M | 453.0M | 473.0M | 479.0M | 475.0M | 424.0M |
| Total Assets | 2.9B | 2.8B | 2.8B | 2.5B | 2.1B | 2.0B | 1.7B | 1.4B | 1.1B | 1.1B | 1.0B | 968.0M | 905.0M | 809.0M |
| Short Term Borrowings | 562.0M | 508.0M | 455.0M | 346.0M | 260.0M | 270.0M | 224.0M | 195.0M | 225.0M | 186.0M | 285.0M | 253.0M | 179.0M | 144.0M |
| Accounts Payable | 187.0M | 195.0M | 232.0M | 191.0M | 186.0M | 146.0M | 132.0M | 61.6M | 48.8M | 41.6M | 56.6M | 59.4M | 61.6M | 63.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 36.7M | 36.7M | 26.6M | 2.0M | 7.6M | 4.9M | 3.0M | 7.2M | 12.5M |
| Contract Liabilities | 93.8M | 95.1M | 106.0M | 101.0M | 60.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 1.2B | 1.2B | 1.0B | 726.0M | 607.0M | 474.0M | 351.0M | 377.0M | 343.0M | 537.0M | 442.0M | 456.0M | 314.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 30.0M | 110.0M | 137.0M | 90.4M | 185.0M |
| Total Non Current Liabilities | 40.0M | 69.0M | 110.0M | 110.0M | 39.7M | 41.2M | 43.3M | 47.8M | 44.1M | 79.1M | 166.0M | 179.0M | 125.0M | 217.0M |
| Total Liabilities | 1.2B | 1.3B | 1.4B | 1.1B | 766.0M | 648.0M | 517.0M | 399.0M | 421.0M | 422.0M | 703.0M | 620.0M | 581.0M | 531.0M |
| Paid In Capital | 320.0M | 320.0M | 307.0M | 307.0M | 307.0M | 307.0M | 220.0M | 220.0M | 200.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 717.0M | 674.0M | 599.0M | 599.0M | 599.0M | 599.0M | 692.0M | 600.0M | 288.0M | 388.0M | 173.0M | 173.0M | 173.0M | 173.0M |
| Surplus Reserve | 41.1M | 41.1M | 41.1M | 41.1M | 41.1M | 41.1M | 40.8M | 26.1M | 25.5M | 22.9M | 18.1M | 13.1M | 8.7M | 4.3M |
| Retained Earnings | 628.0M | 562.0M | 490.0M | 450.0M | 421.0M | 372.0M | 262.0M | 135.0M | 139.0M | 127.0M | 76.9M | 85.7M | 66.9M | 25.1M |
| Minority Equity | -5.5M | -4.8M | -4.4M | -4.4M | -1.8M | -1.4M | -775,400 | -25,800 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.7B | 1.5B | 1.4B | 1.4B | 1.4B | 1.3B | 1.2B | 981.0M | 653.0M | 639.0M | 343.0M | 347.0M | 324.0M | 278.0M |
| Total Equity | 1.7B | 1.5B | 1.4B | 1.4B | 1.4B | 1.3B | 1.2B | 981.0M | 653.0M | 639.0M | 343.0M | 347.0M | 324.0M | 278.0M |
| 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 | 1.2B | 1.1B | 989.0M | 915.0M | 684.0M | 738.0M | 520.0M | 345.0M | 364.0M | 471.0M | 435.0M | 380.0M | 321.0M | 322.0M |
| Tax Refunds Received | 33.2M | 17.5M | 28.5M | 31.4M | 23.5M | 31.2M | 15.3M | 11.7M | 12.1M | 11.4M | 9.3M | 3.4M | 1.5M | 590,100 |
| Total Operating Cash Inflow | 1.3B | 1.1B | 1.1B | 992.0M | 726.0M | 778.0M | 548.0M | 376.0M | 390.0M | 508.0M | 450.0M | 480.0M | 451.0M | 396.0M |
| Cash Paid For Goods | 926.0M | 830.0M | 819.0M | 854.0M | 546.0M | 560.0M | 520.0M | 287.0M | 309.0M | 355.0M | 320.0M | 276.0M | 310.0M | 258.0M |
| Cash Paid To Employees | 114.0M | 96.6M | 81.8M | 66.0M | 44.8M | 45.4M | 42.1M | 25.7M | 25.1M | 24.7M | 23.9M | 21.5M | 18.2M | 12.1M |
| Taxes Paid | 55.2M | 62.9M | 44.5M | 77.6M | 36.5M | 42.6M | 37.6M | 20.1M | 15.9M | 37.1M | 25.7M | 28.7M | 30.4M | 41.3M |
| Total Operating Cash Outflow | 1.2B | 1.1B | 1.0B | 1.1B | 673.0M | 726.0M | 625.0M | 359.0M | 361.0M | 436.0M | 390.0M | 361.0M | 388.0M | 326.0M |
| Operating Cash Flow | 78.3M | 43.2M | 58.9M | -95.1M | 53.0M | 51.7M | -76.9M | 17.2M | 29.2M | 71.6M | 59.9M | 119.0M | 62.5M | 70.2M |
| Total Investing Cash Inflow | 1.7M | -- | 29.2M | 22.8M | 10,000 | 4,023 | 1.8M | 554,000 | 603,100 | 2.7M | 21.8M | 5.1M | 3.3M | 9.8M |
| Total Investing Cash Outflow | 24.4M | 225.0M | 124.0M | 118.0M | 13.1M | 12.7M | 37.5M | 129.0M | 53.4M | 31.4M | 43.4M | 52.6M | 73.0M | 87.0M |
| Investing Cash Flow | -22.7M | -225.0M | -94.8M | -95.5M | -13.1M | -12.7M | -35.7M | -129.0M | -52.8M | -28.7M | -21.6M | -47.6M | -69.6M | -77.1M |
| Cash From Borrowings | 619.0M | 579.0M | 490.0M | 374.0M | 316.0M | 276.0M | 324.0M | 195.0M | 281.0M | 232.0M | 507.0M | 390.0M | 237.0M | 340.0M |
| Dividends And Interest Paid | 46.3M | 26.2M | 20.6M | 61.9M | 66.3M | 17.5M | 14.5M | 25.7M | 32.4M | 25.8M | 84.1M | 63.0M | 31.5M | 51.4M |
| Debt Repayments | 545.0M | 466.0M | 401.0M | 289.0M | 328.0M | 230.0M | 295.0M | 255.0M | 242.0M | 469.0M | 444.0M | 384.0M | 227.0M | 236.0M |
| Total Financing Cash Inflow | 619.0M | 666.0M | 586.0M | 484.0M | 316.0M | 276.0M | 324.0M | 527.0M | 281.0M | 472.0M | 507.0M | 390.0M | 237.0M | 340.0M |
| Total Financing Cash Outflow | 672.0M | 606.0M | 480.0M | 368.0M | 395.0M | 248.0M | 310.0M | 281.0M | 275.0M | 495.0M | 529.0M | 448.0M | 261.0M | 293.0M |
| Financing Cash Flow | -53.0M | 60.6M | 106.0M | 116.0M | -78.5M | 28.1M | 14.5M | 246.0M | 6.6M | -22.5M | -21.5M | -57.8M | -24.1M | 47.5M |
| Net Change In Cash | 6.2M | -120.0M | 70.3M | -75.4M | -39.2M | 70.6M | -95.6M | 131.0M | -10.9M | 25.0M | 16.5M | 11.4M | -31.3M | 40.5M |
| Ending Cash Balance | 65.1M | 58.9M | 179.0M | 108.0M | 184.0M | 223.0M | 152.0M | 215.0M | 84.2M | 95.1M | 70.1M | 53.6M | 42.2M | 73.5M |
| Capex | 24.4M | 162.0M | 55.4M | 103.0M | 13.1M | 12.7M | 37.4M | 129.0M | 53.4M | 31.4M | 43.4M | 52.6M | 73.0M | 87.0M |