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 | 3.4B | 2.8B | 2.5B | 2.4B | 2.1B | 1.8B | 1.6B | 1.2B | 1.3B | 1.6B | 1.2B | 1.0B | 764.0M | 604.0M |
| Revenue Growth % | 21.5% | 12.0% | 3.0% | 17.4% | 16.6% | 9.6% | 33.2% | -6.7% | -15.9% | 25.4% | 18.4% | 36.6% | 26.5% | -- |
| Total Revenue | 3.4B | 2.8B | 2.5B | 2.4B | 2.1B | 1.8B | 1.6B | 1.2B | 1.3B | 1.6B | 1.2B | 1.0B | 764.0M | 604.0M |
| Cost Of Revenue | 2.7B | 2.2B | 2.0B | 2.1B | 1.6B | 1.4B | 1.2B | 849.0M | 831.0M | 984.0M | 705.0M | 598.0M | 389.0M | 322.0M |
| Gross Profit | 688.0M | 604.0M | 511.0M | 362.0M | 441.0M | 387.0M | 461.0M | 367.0M | 472.0M | 566.0M | 531.0M | 446.0M | 375.0M | 282.0M |
| Gross Margin % | 20.2% | 21.5% | 20.4% | 14.9% | 21.3% | 21.8% | 28.5% | 30.2% | 36.2% | 36.5% | 43.0% | 42.7% | 49.1% | 46.7% |
| Total Operating Cost | 3.2B | 2.6B | 2.3B | 2.3B | 1.9B | 1.6B | 1.4B | 996.0M | 1.1B | 1.2B | 920.0M | 782.0M | 545.0M | 440.0M |
| Selling Expenses | 57.1M | 35.6M | 33.5M | 32.6M | 29.9M | 41.9M | 29.1M | 34.8M | 28.1M | 26.2M | 25.3M | 16.0M | 12.2M | 8.5M |
| Admin Expenses | 199.0M | 147.0M | 135.0M | 135.0M | 128.0M | 139.0M | 135.0M | 134.0M | 180.0M | 176.0M | 152.0M | 154.0M | 131.0M | 102.0M |
| Rd Expenses | 247.0M | 161.0M | 129.0M | 158.0M | 111.0M | 72.0M | 78.7M | 80.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -63.3M | -43.5M | -18.8M | -42.9M | -27.2M | -50.2M | -26.4M | -32.8M | -46.6M | -10.7M | -5.8M | -3.6M | 2.4M | 71,400 |
| Operating Income | 263.0M | 194.0M | 176.0M | 158.0M | 195.0M | 162.0M | 257.0M | 224.0M | 182.0M | 344.0M | 316.0M | 263.0M | 219.0M | 164.0M |
| Operating Margin % | 7.7% | 6.9% | 7.0% | 6.5% | 9.4% | 9.1% | 15.9% | 18.4% | 14.0% | 22.2% | 25.6% | 25.2% | 28.7% | 27.2% |
| Non Operating Income | 3.9M | 207,400 | 1,800 | 351,700 | 228,900 | 16.4M | 236,600 | 80,500 | 4.4M | 4.4M | 3.5M | 4.1M | 13.5M | 17.3M |
| Non Operating Expenses | 1,500 | 474,800 | 700.00 | 12,700 | 11,300 | 2,900 | 4,400 | -- | 280,900 | 200.00 | 3,900 | 64,800 | 487,000 | 19,000 |
| Investment Income | 300,400 | 3.8M | 1.1M | 91,000 | -- | -- | -- | -- | 10.8M | 18.6M | -- | -- | -- | -232,500 |
| Asset Disposal Income | -- | -- | -800.00 | 8.3M | -74,200 | 400.00 | 486,700 | 22,800 | -100.00 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -50.0M | 71.8M | 29.6M | -6.9M | 6.7M | -- | -- | -100.0M | 133.0M | 40.8M | 32.8M | 8.2M | 1.9M | 1.1M |
| Other Income | 29.6M | 19.6M | 10.9M | 63.1M | 3.8M | 2.9M | 4.1M | 3.7M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 266.0M | 194.0M | 176.0M | 159.0M | 195.0M | 179.0M | 257.0M | 224.0M | 186.0M | 348.0M | 319.0M | 267.0M | 232.0M | 181.0M |
| Income Tax | 38.7M | 6.4M | 8.4M | 3.3M | 15.6M | 23.4M | 30.1M | 31.1M | 21.9M | 52.2M | 37.7M | 38.5M | 38.0M | 31.8M |
| Net Income | 228.0M | 187.0M | 167.0M | 155.0M | 179.0M | 155.0M | 227.0M | 192.0M | 164.0M | 296.0M | 282.0M | 228.0M | 194.0M | 149.0M |
| Net Margin % | 6.7% | 6.7% | 6.7% | 6.4% | 8.6% | 8.7% | 14.0% | 15.8% | 12.6% | 19.1% | 22.8% | 21.8% | 25.4% | 24.7% |
| Net Income Attributable | 189.0M | 187.0M | 167.0M | 155.0M | 179.0M | 155.0M | 227.0M | 192.0M | 164.0M | 296.0M | 282.0M | 228.0M | 194.0M | 149.0M |
| Minority Interest | 38.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.35 | 0.35 | 0.31 | 0.29 | 0.33 | 0.29 | 0.42 | 0.47 | 0.40 | 0.73 | 0.85 | 0.69 | 0.59 | 0.46 |
| Eps Diluted | 0.35 | 0.35 | 0.31 | 0.29 | 0.33 | 0.29 | 0.42 | 0.47 | 0.40 | 0.73 | 0.85 | 0.69 | 0.59 | 0.46 |
| 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 | 2.9B | 2.2B | 2.0B | 1.8B | 1.5B | 1.3B | 1.4B | 1.4B | 755.0M | 458.0M | 556.0M | 454.0M | 355.0M | 322.0M |
| Accounts Receivable | 473.0M | 427.0M | 441.0M | 631.0M | 617.0M | 883.0M | 550.0M | 670.0M | 722.0M | 763.0M | 523.0M | 264.0M | 157.0M | 121.0M |
| Notes Receivable | 244.0M | 11.0M | 50.1M | 22.8M | 106.0M | 108.0M | 178.0M | 360.0M | 193.0M | 115.0M | 23.9M | 299.0M | 238.0M | 57.4M |
| Notes And Accounts Receivable | 717.0M | 438.0M | 491.0M | 653.0M | 722.0M | 991.0M | 728.0M | 1.0B | 915.0M | 878.0M | 547.0M | 562.0M | 395.0M | 178.0M |
| Prepayments | 454.0M | 121.0M | 172.0M | 176.0M | 211.0M | 215.0M | 63.4M | 187.0M | 161.0M | 331.0M | 328.0M | 218.0M | 157.0M | 98.2M |
| Inventory | 241.0M | 229.0M | 133.0M | 178.0M | 315.0M | 241.0M | 167.0M | 268.0M | 454.0M | 566.0M | 417.0M | 242.0M | 144.0M | 90.3M |
| Total Current Assets | 4.9B | 4.3B | 3.7B | 3.6B | 3.4B | 2.8B | 2.3B | 2.9B | 2.3B | 3.0B | 1.9B | 1.5B | 1.1B | 694.0M |
| Long Term Equity Investment | 12.8M | 205.0M | 201.0M | 100.0M | 20.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 502.0M | 528.0M | 558.0M | 576.0M | 585.0M | 613.0M | 643.0M | 684.0M | 697.0M | 565.0M | 407.0M | 422.0M | 387.0M |
| Fixed Assets Total | 1.8B | 502.0M | 528.0M | 558.0M | 576.0M | 585.0M | 616.0M | 646.0M | 687.0M | 700.0M | 568.0M | 410.0M | 425.0M | 389.0M |
| Construction In Progress | -- | 65.3M | 10.9M | -- | 4.2M | 5.2M | -- | -- | -- | -- | 42.2M | 94.9M | 22.6M | -- |
| Construction In Progress Total | 1.3B | 65.3M | 10.9M | -- | 4.2M | 5.2M | -- | -- | -- | -- | 42.2M | 94.9M | 22.6M | -- |
| Intangible Assets | 151.0M | 158.0M | 127.0M | 115.0M | 79.6M | 80.8M | 85.0M | 85.1M | 87.3M | 93.0M | 97.3M | 100.0M | 102.0M | 85.6M |
| Long Term Deferred Expenses | 345,100 | 551,700 | 504,600 | 86,000 | 66,400 | 138,700 | 211,100 | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 3.6B | 1.2B | 1.1B | 937.0M | 937.0M | 1.2B | 1.4B | 906.0M | 1.3B | 1.2B | 783.0M | 623.0M | 567.0M | 490.0M |
| Total Assets | 8.5B | 5.5B | 4.8B | 4.5B | 4.4B | 3.9B | 3.7B | 3.8B | 3.6B | 4.1B | 2.6B | 2.1B | 1.6B | 1.2B |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 50.0M | 150.0M |
| Accounts Payable | 904.0M | 1.3B | 1.0B | 921.0M | 661.0M | 494.0M | 491.0M | 426.0M | 405.0M | 325.0M | 187.0M | 178.0M | 89.9M | 171.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 448.0M | 378.0M | 735.0M | 663.0M | 1.2B | 1.3B | 857.0M | 579.0M | 92.4M |
| Contract Liabilities | 607.0M | 640.0M | 520.0M | 417.0M | 625.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.3B | 2.1B | 1.7B | 1.5B | 1.4B | 1.1B | 935.0M | 1.3B | 1.1B | 1.8B | 1.6B | 1.1B | 813.0M | 502.0M |
| Long Term Borrowings | 1.1B | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.3B | 55.6M | 57.5M | 60.1M | 65.4M | 64.6M | 78.3M | 75.5M | 104.0M | 99.1M | 69.9M | 72.7M | 70.4M | 68.2M |
| Total Liabilities | 3.6B | 2.2B | 1.7B | 1.5B | 1.4B | 1.1B | 1.0B | 1.3B | 1.2B | 1.9B | 1.6B | 1.2B | 883.0M | 570.0M |
| Paid In Capital | 536.0M | 536.0M | 536.0M | 536.0M | 536.0M | 536.0M | 412.0M | 412.0M | 412.0M | 412.0M | 330.0M | 330.0M | 330.0M | 330.0M |
| Capital Reserve | 936.0M | 936.0M | 936.0M | 936.0M | 936.0M | 936.0M | 1.1B | 1.1B | 1.1B | 1.1B | 158.0M | 158.0M | 158.0M | 158.0M |
| Surplus Reserve | 252.0M | 235.0M | 218.0M | 203.0M | 189.0M | 172.0M | 159.0M | 139.0M | 121.0M | 105.0M | 80.7M | 55.0M | 31.4M | 11.9M |
| Retained Earnings | 1.7B | 1.6B | 1.4B | 1.3B | 1.2B | 1.1B | 1.0B | 871.0M | 746.0M | 687.0M | 442.0M | 384.0M | 219.0M | 114.0M |
| Minority Equity | 1.6B | 10.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.4B | 3.3B | 3.1B | 3.0B | 2.9B | 2.8B | 2.7B | 2.5B | 2.3B | 2.3B | 1.0B | 928.0M | 738.0M | 614.0M |
| Total Equity | 5.0B | 3.3B | 3.1B | 3.0B | 2.9B | 2.8B | 2.7B | 2.5B | 2.3B | 2.3B | 1.0B | 928.0M | 738.0M | 614.0M |
| 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 | 2.9B | 2.3B | 2.3B | 2.1B | 1.9B | 1.2B | 1.0B | 1.6B | 429.0M | 661.0M | 1.4B | 907.0M | 798.0M | 486.0M |
| Tax Refunds Received | 19.8M | 11.4M | 9.7M | 14.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 3.2B | 2.5B | 2.5B | 2.3B | 1.9B | 1.2B | 1.1B | 1.6B | 483.0M | 718.0M | 1.4B | 919.0M | 816.0M | 515.0M |
| Cash Paid For Goods | 1.8B | 1.4B | 1.5B | 1.3B | 1.1B | 804.0M | 520.0M | 276.0M | 360.0M | 674.0M | 522.0M | 289.0M | 245.0M | 240.0M |
| Cash Paid To Employees | 393.0M | 323.0M | 301.0M | 288.0M | 268.0M | 278.0M | 274.0M | 243.0M | 202.0M | 194.0M | 173.0M | 152.0M | 108.0M | 91.2M |
| Taxes Paid | 201.0M | 152.0M | 56.4M | 99.0M | 147.0M | 37.7M | 148.0M | 273.0M | 35.7M | 119.0M | 150.0M | 133.0M | 83.4M | 55.9M |
| Total Operating Cash Outflow | 2.6B | 2.1B | 2.1B | 2.0B | 1.6B | 1.2B | 1.0B | 865.0M | 694.0M | 1.1B | 955.0M | 696.0M | 504.0M | 440.0M |
| Operating Cash Flow | 614.0M | 374.0M | 431.0M | 299.0M | 280.0M | -18.6M | 53.2M | 730.0M | -211.0M | -372.0M | 488.0M | 223.0M | 312.0M | 75.2M |
| Total Investing Cash Inflow | 511.0M | -- | 45.00 | 321,000 | 9,274 | 500.00 | 658,100 | 27,700 | 1.1B | 2.1B | 90,400 | 5.1M | 5.1M | 20.5M |
| Total Investing Cash Outflow | 475.0M | 129.0M | 153.0M | 113.0M | 50.4M | 55.6M | 41.3M | 11.4M | 551.0M | 2.8B | 150.0M | 87.5M | 91.1M | 158.0M |
| Investing Cash Flow | 35.6M | -129.0M | -153.0M | -112.0M | -50.4M | -55.6M | -40.6M | -11.3M | 590.0M | -687.0M | -149.0M | -82.5M | -86.0M | -137.0M |
| Cash From Borrowings | 280.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 200.0M | 50.0M | 200.0M | 400.0M |
| Dividends And Interest Paid | 146.0M | 52.6M | 47.2M | 53.9M | 46.6M | -- | 58.1M | 49.5M | 89.1M | 26.0M | 201.0M | 42.0M | 75.7M | 11.3M |
| Debt Repayments | 19.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 200.0M | 100.0M | 300.0M | 550.0M |
| Total Financing Cash Inflow | 304.0M | 10.2M | -- | -- | -- | -- | -- | 44,000 | 44,000 | 993.0M | 200.0M | 50.2M | 201.0M | 577.0M |
| Total Financing Cash Outflow | 171.0M | 52.6M | 47.2M | 53.9M | 46.6M | -- | 58.1M | 49.5M | 89.1M | 32.9M | 401.0M | 142.0M | 376.0M | 563.0M |
| Financing Cash Flow | 133.0M | -42.4M | -47.2M | -53.9M | -46.6M | 0.00 | -58.1M | -49.4M | -89.0M | 960.0M | -201.0M | -91.8M | -175.0M | 14.5M |
| Net Change In Cash | 782.0M | 203.0M | 231.0M | 132.0M | 183.0M | -74.3M | -45.6M | 669.0M | 291.0M | -99.1M | 137.0M | 48.9M | 50.7M | -47.4M |
| Ending Cash Balance | 2.8B | 2.0B | 1.8B | 1.6B | 1.5B | 1.3B | 1.4B | 1.4B | 732.0M | 442.0M | 541.0M | 404.0M | 355.0M | 304.0M |
| Capex | 475.0M | 129.0M | 52.8M | 32.7M | 30.4M | 55.6M | 41.3M | 11.4M | 50.5M | 80.5M | 150.0M | 87.5M | 91.1M | 158.0M |