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 | 1.4B | 1.7B | 1.7B | 1.7B | 1.6B | 1.3B | 1.1B | 915.0M | 676.0M | 579.0M | 520.0M | 468.0M | 279.0M |
| Revenue Growth % | -16.3% | 2.7% | -3.4% | 8.9% | 18.9% | 23.1% | 18.3% | 35.4% | 16.8% | 11.3% | 11.1% | 67.7% | -- |
| Total Revenue | 1.4B | 1.7B | 1.7B | 1.7B | 1.6B | 1.3B | 1.1B | 915.0M | 676.0M | 579.0M | 520.0M | 468.0M | 279.0M |
| Cost Of Revenue | 769.0M | 920.0M | 923.0M | 1.0B | 912.0M | 748.0M | 677.0M | 577.0M | 441.0M | 395.0M | 343.0M | 317.0M | 185.0M |
| Gross Profit | 663.0M | 791.0M | 743.0M | 712.0M | 672.0M | 584.0M | 405.0M | 338.0M | 235.0M | 184.0M | 177.0M | 151.0M | 94.0M |
| Gross Margin % | 46.3% | 46.2% | 44.6% | 41.3% | 42.4% | 43.8% | 37.4% | 36.9% | 34.8% | 31.8% | 34.0% | 32.3% | 33.7% |
| Total Operating Cost | 1.3B | 1.6B | 1.5B | 2.0B | 1.3B | 1.2B | 973.0M | 818.0M | 596.0M | 515.0M | 471.0M | 415.0M | 253.0M |
| Selling Expenses | 355.0M | 372.0M | 386.0M | 385.0M | 286.0M | 296.0M | 185.0M | 148.0M | 87.3M | 59.4M | 67.5M | 62.5M | 40.8M |
| Admin Expenses | 104.0M | 97.8M | 110.0M | 96.9M | 64.5M | 57.2M | 59.2M | 49.7M | 59.7M | 51.1M | 50.0M | 29.0M | 23.6M |
| Rd Expenses | 52.7M | 62.7M | 53.6M | 62.5M | 44.0M | 41.1M | 36.7M | 30.4M | -- | -- | -- | -- | -- |
| Finance Expenses | 13.2M | 12.1M | 9.2M | 10.3M | 3.9M | 592,500 | 80,500 | 99,500 | 400,500 | 3.6M | 5.3M | 2.0M | 1.1M |
| Operating Income | 154.0M | 174.0M | 172.0M | -222.0M | 270.0M | 192.0M | 121.0M | 101.0M | 80.5M | 64.3M | 50.0M | 53.0M | 26.1M |
| Operating Margin % | 10.8% | 10.2% | 10.3% | -12.9% | 17.0% | 14.4% | 11.2% | 11.0% | 11.9% | 11.1% | 9.6% | 11.3% | 9.4% |
| Non Operating Income | 3.3M | 970,200 | 1.4M | 523,700 | 1.0M | 358,100 | 1.9M | 3.7M | 2.0M | 3.2M | 4.3M | 317,800 | 1.6M |
| Non Operating Expenses | 2.5M | 6.2M | 789,900 | 3.7M | 1.3M | 1.4M | 1.3M | 807,400 | 1.8M | 1.5M | 1.1M | 607,100 | 798,600 |
| Investment Income | 9.8M | 6.9M | 3.6M | 3.0M | 2.4M | 5.0M | 6.3M | 4.5M | 332,400 | 662,300 | 170,200 | -- | 10,400 |
| Fair Value Change Income | 37,400 | 75,700 | 274,200 | -608,700 | 109,000 | -- | -- | -- | -- | -- | -- | -- | 12,000 |
| Asset Disposal Income | -107,500 | 953,100 | -313,300 | -78,400 | 135,100 | -395,800 | -154,300 | -1.1M | -454,000 | -- | -- | -- | -- |
| Asset Impairment Loss | 13.3M | 9.1M | 5.3M | 1.9M | -305,900 | 1.6M | 4.2M | 4.8M | 535,900 | 1.3M | 1.8M | 1.2M | 397,200 |
| Other Income | 33.5M | 37.8M | 26.6M | 42.4M | 25.7M | 23.6M | 6.5M | 1.4M | -- | -- | -- | -- | -- |
| Income Before Tax | 154.0M | 169.0M | 173.0M | -225.0M | 269.0M | 191.0M | 122.0M | 104.0M | 80.7M | 66.0M | 53.1M | 52.7M | 26.9M |
| Income Tax | 33.0M | 11.8M | 33.4M | -63.1M | 49.8M | 37.1M | 20.2M | 20.7M | 12.1M | 9.5M | 15.7M | 12.5M | 3.1M |
| Net Income | 121.0M | 157.0M | 139.0M | -162.0M | 220.0M | 154.0M | 102.0M | 83.7M | 68.7M | 56.5M | 37.4M | 40.2M | 23.7M |
| Net Margin % | 8.4% | 9.2% | 8.3% | -9.4% | 13.9% | 11.6% | 9.4% | 9.1% | 10.2% | 9.8% | 7.2% | 8.6% | 8.5% |
| Net Income Attributable | 121.0M | 157.0M | 139.0M | -162.0M | 220.0M | 154.0M | 102.0M | 83.8M | 68.7M | 56.5M | 37.4M | 40.2M | 23.7M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -94,300 | -74,600 | -- | -- | -- | -- |
| Eps Basic | 0.38 | 0.49 | 0.44 | -0.50 | 0.69 | 0.49 | 0.45 | 0.60 | 0.57 | 0.47 | -- | -- | -- |
| Eps Diluted | 0.38 | 0.49 | 0.44 | -0.50 | 0.69 | 0.49 | 0.45 | 0.60 | 0.57 | 0.47 | -- | -- | -- |
| 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 | 511.0M | 544.0M | 298.0M | 378.0M | 309.0M | 235.0M | 262.0M | 247.0M | 90.9M | 49.4M | 28.3M | 25.4M | 5.3M |
| Trading Financial Assets | 91.7M | 41.9M | 2.7M | 130.0M | 55.1M | 44.8M | -- | -- | -- | -- | -- | -- | 5.2M |
| Accounts Receivable | 93.0M | 102.0M | 193.0M | 161.0M | 195.0M | 200.0M | 95.0M | 68.6M | 32.5M | 34.5M | 35.9M | 33.2M | 15.7M |
| Notes Receivable | 7.2M | 18.8M | 6.7M | 92.5M | 284.0M | 96.2M | 22.7M | -- | 46.6M | 40.0M | 27.9M | 12.8M | 8.1M |
| Notes And Accounts Receivable | 100.0M | 120.0M | 200.0M | 253.0M | 479.0M | 297.0M | 118.0M | 68.6M | 79.1M | 74.6M | 63.8M | 45.9M | 23.8M |
| Prepayments | 2.2M | 9.6M | 10.0M | 34.0M | 11.3M | 15.8M | 10.1M | 14.4M | 8.8M | 18.4M | 5.7M | 10.8M | 7.5M |
| Inventory | 100.0M | 101.0M | 102.0M | 118.0M | 89.1M | 109.0M | 76.0M | 51.2M | 35.2M | 37.4M | 53.2M | 41.8M | 38.2M |
| Total Current Assets | 1.0B | 945.0M | 701.0M | 1.1B | 1.0B | 763.0M | 636.0M | 661.0M | 223.0M | 188.0M | 164.0M | 133.0M | 87.5M |
| Fixed Assets | -- | 1.0B | 916.0M | 900.0M | 617.0M | 607.0M | 497.0M | 314.0M | 187.0M | 169.0M | 148.0M | 38.4M | 38.1M |
| Fixed Assets Total | 963.0M | 1.0B | 916.0M | 900.0M | 617.0M | 607.0M | 497.0M | 314.0M | 187.0M | 169.0M | 148.0M | 38.4M | 38.1M |
| Construction In Progress | -- | 17.7M | 21.3M | 109.0M | 226.0M | 97.3M | 56.3M | 85.6M | 11.3M | 7.6M | 16.1M | 90.3M | 57.6M |
| Construction In Progress Total | 61,900 | 17.7M | 21.3M | 109.0M | 226.0M | 97.3M | 56.3M | 85.6M | 11.3M | 7.6M | 16.1M | 90.3M | 57.6M |
| Intangible Assets | 52.7M | 55.5M | 55.0M | 56.8M | 58.8M | 38.5M | 40.3M | 42.5M | 16.7M | 10.2M | 10.2M | 10.9M | 10.9M |
| Long Term Deferred Expenses | 23.8M | 23.7M | 35.4M | 35.7M | 22.5M | 25.0M | 18.6M | 15.2M | 19.9M | 4.2M | 2.4M | -- | -- |
| Total Non Current Assets | 1.5B | 1.5B | 1.5B | 1.3B | 956.0M | 796.0M | 655.0M | 491.0M | 275.0M | 197.0M | 178.0M | 140.0M | 107.0M |
| Total Assets | 2.5B | 2.4B | 2.2B | 2.4B | 2.0B | 1.6B | 1.3B | 1.2B | 497.0M | 385.0M | 342.0M | 273.0M | 195.0M |
| Short Term Borrowings | 68.7M | 182.0M | 81.0M | 239.0M | 19.8M | -- | -- | -- | -- | -- | -- | 10.0M | 26.3M |
| Accounts Payable | 140.0M | 131.0M | 144.0M | 242.0M | 229.0M | 109.0M | 106.0M | 98.7M | 57.0M | 49.2M | 40.2M | 27.9M | 26.7M |
| Advance Receipts | 66.2M | 66.7M | 79.2M | 111.0M | 83.5M | 222.0M | 141.0M | 114.0M | 54.7M | 29.1M | 32.4M | 33.5M | 22.0M |
| Contract Liabilities | 375.0M | 199.0M | 177.0M | 224.0M | 126.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 969.0M | 905.0M | 755.0M | 1.2B | 716.0M | 528.0M | 420.0M | 370.0M | 189.0M | 142.0M | 164.0M | 157.0M | 127.0M |
| Long Term Borrowings | 259.0M | 300.0M | 292.0M | 184.0M | 21.3M | -- | -- | -- | -- | -- | 37.5M | 20.0M | -- |
| Total Non Current Liabilities | 317.0M | 390.0M | 436.0M | 384.0M | 144.0M | 79.7M | 42.4M | 38.5M | 4.2M | -- | 37.5M | 20.0M | 3,000 |
| Total Liabilities | 1.3B | 1.3B | 1.2B | 1.5B | 860.0M | 607.0M | 463.0M | 408.0M | 193.0M | 142.0M | 201.0M | 177.0M | 127.0M |
| Paid In Capital | 323.0M | 323.0M | 316.0M | 322.0M | 317.0M | 226.0M | 226.0M | 161.0M | 120.0M | 120.0M | 27.0M | 26.4M | 26.4M |
| Capital Reserve | 339.0M | 322.0M | 285.0M | 298.0M | 268.0M | 352.0M | 352.0M | 409.0M | 68.0M | 68.0M | 17.8M | -- | -- |
| Surplus Reserve | 80.2M | 49.3M | 39.5M | 38.1M | 38.1M | 27.0M | 23.2M | 19.5M | 12.0M | 5.4M | 10.1M | 6.4M | 2.4M |
| Retained Earnings | 489.0M | 484.0M | 385.0M | 246.0M | 505.0M | 360.0M | 243.0M | 171.0M | 104.0M | 49.2M | 86.3M | 63.6M | 38.4M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | 25,400 | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.1B | 1.0B | 874.0M | 1.1B | 952.0M | 828.0M | 744.0M | 304.0M | 243.0M | 141.0M | 96.4M | 67.2M |
| Total Equity | 1.2B | 1.1B | 1.0B | 874.0M | 1.1B | 952.0M | 828.0M | 744.0M | 304.0M | 243.0M | 141.0M | 96.4M | 67.2M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.8B | 1.9B | 1.8B | 2.0B | 1.5B | 1.4B | 1.2B | 1.1B | 823.0M | 662.0M | 588.0M | 536.0M | 299.0M |
| Tax Refunds Received | -- | -- | 2.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.9B | 2.0B | 1.9B | 2.1B | 1.6B | 1.4B | 1.3B | 1.2B | 855.0M | 682.0M | 611.0M | 546.0M | 299.0M |
| Cash Paid For Goods | 720.0M | 827.0M | 931.0M | 1.1B | 751.0M | 789.0M | 717.0M | 566.0M | 465.0M | 410.0M | 365.0M | 362.0M | 205.0M |
| Cash Paid To Employees | 343.0M | 343.0M | 379.0M | 381.0M | 254.0M | 256.0M | 197.0M | 150.0M | 90.8M | 57.3M | 53.7M | 40.2M | 39.2M |
| Taxes Paid | 152.0M | 168.0M | 140.0M | 133.0M | 140.0M | 120.0M | 94.0M | 82.4M | 62.4M | 61.1M | 50.4M | 29.3M | 18.1M |
| Total Operating Cash Outflow | 1.4B | 1.5B | 1.6B | 2.0B | 1.3B | 1.4B | 1.1B | 941.0M | 710.0M | 601.0M | 555.0M | 488.0M | 286.0M |
| Operating Cash Flow | 455.0M | 431.0M | 278.0M | 98.4M | 219.0M | 86.1M | 132.0M | 224.0M | 145.0M | 80.9M | 56.0M | 57.5M | 13.4M |
| Total Investing Cash Inflow | 1.1B | 235.0M | 869.0M | 1.8B | 1.6B | 1.6B | 1.5B | 473.0M | 104.0M | 166.0M | 87.9M | 5.8M | 77,400 |
| Total Investing Cash Outflow | 1.4B | 616.0M | 1.0B | 2.1B | 1.8B | 1.7B | 1.6B | 936.0M | 193.0M | 203.0M | 136.0M | 39.6M | 38.1M |
| Investing Cash Flow | -291.0M | -382.0M | -160.0M | -323.0M | -201.0M | -96.7M | -69.8M | -464.0M | -89.6M | -36.5M | -48.5M | -33.8M | -38.0M |
| Cash From Borrowings | 207.0M | 324.0M | 228.0M | 691.0M | 124.0M | -- | -- | -- | 20.0M | -- | 50.0M | 63.0M | 45.0M |
| Dividends And Interest Paid | 99.6M | 61.4M | 20.0M | 110.0M | 64.0M | 33.6M | 25.6M | 9.6M | 7.8M | 13.2M | 29.8M | 17.2M | 1.8M |
| Debt Repayments | 360.0M | 217.0M | 281.0M | 314.0M | 25.0M | -- | -- | -- | 20.0M | 60.0M | 30.0M | 49.3M | 20.7M |
| Total Financing Cash Inflow | 430.0M | 510.0M | 228.0M | 720.0M | 124.0M | 13.5M | 1.8M | 388.0M | 20.1M | 45.0M | 53.5M | 63.0M | 45.0M |
| Total Financing Cash Outflow | 678.0M | 489.0M | 363.0M | 465.0M | 89.4M | 43.7M | 32.1M | 17.1M | 27.8M | 73.2M | 59.8M | 66.5M | 22.5M |
| Financing Cash Flow | -248.0M | 21.1M | -134.0M | 256.0M | 35.0M | -30.2M | -30.3M | 371.0M | -7.7M | -28.2M | -6.3M | -3.5M | 22.5M |
| Net Change In Cash | -83.6M | 70.9M | -16.2M | 31.1M | 53.5M | -40.8M | 31.5M | 131.0M | 48.1M | 16.2M | 1.2M | 20.2M | -2.2M |
| Ending Cash Balance | 268.0M | 352.0M | 281.0M | 297.0M | 266.0M | 213.0M | 253.0M | 222.0M | 90.9M | 42.8M | 26.6M | 25.4M | 5.3M |
| Capex | 65.5M | 131.0M | 155.0M | 251.0M | 194.0M | 160.0M | 207.0M | 238.0M | 90.4M | 37.6M | 49.3M | 39.6M | 32.9M |