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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.2B | 1.1B | 988.0M | 805.0M | 452.0M | 419.0M | 445.0M | 325.0M | 349.0M | 331.0M |
| Revenue Growth % | 20.0% | 13.8% | 7.0% | 22.7% | 78.1% | 7.9% | -5.8% | 36.9% | -6.9% | 5.4% | -- |
| Total Revenue | 1.4B | 1.2B | 1.1B | 988.0M | 805.0M | 452.0M | 419.0M | 445.0M | 325.0M | 349.0M | 331.0M |
| Cost Of Revenue | 1.1B | 856.0M | 790.0M | 733.0M | 598.0M | 274.0M | 263.0M | 277.0M | 202.0M | 185.0M | 185.0M |
| Gross Profit | 356.0M | 347.0M | 267.0M | 255.0M | 207.0M | 178.0M | 156.0M | 168.0M | 123.0M | 164.0M | 146.0M |
| Gross Margin % | 24.7% | 28.8% | 25.3% | 25.8% | 25.7% | 39.4% | 37.2% | 37.8% | 37.8% | 47.0% | 44.1% |
| Total Operating Cost | 1.2B | 976.0M | 897.0M | 827.0M | 682.0M | 341.0M | 330.0M | 334.0M | 256.0M | 262.0M | 237.0M |
| Selling Expenses | 45.7M | 43.5M | 41.6M | 53.2M | 42.3M | 44.9M | 43.6M | 35.0M | 33.2M | 32.4M | 34.4M |
| Admin Expenses | 41.6M | 39.2M | 36.9M | 35.9M | 35.5M | 21.0M | 17.1M | 16.2M | 16.8M | 39.3M | 13.8M |
| Rd Expenses | 5.5M | 3.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -4.7M | 2.6M | 8.4M | -3.4M | -4.1M | -474,200 | -290,100 | -111,100 | -311,600 | -27,800 | 6.3M |
| Operating Income | 250.0M | 248.0M | 175.0M | 198.0M | 130.0M | 133.0M | 111.0M | 114.0M | 70.2M | 87.9M | 95.4M |
| Operating Margin % | 17.3% | 20.6% | 16.6% | 20.0% | 16.1% | 29.4% | 26.5% | 25.6% | 21.6% | 25.2% | 28.8% |
| Non Operating Income | 3.8M | 7.8M | 41,100 | 106,400 | 195,100 | 504,300 | 119,000 | 2.6M | 103.0M | 30.7M | 33.1M |
| Non Operating Expenses | 2.1M | 4.8M | 465,500 | 797,900 | 517,100 | 205,600 | 155,800 | 546,400 | 92,400 | 685,100 | 1.7M |
| Investment Income | 7.2M | 14.9M | 10.7M | 15.3M | 7.8M | 18.2M | 10.7M | 1.4M | 1.1M | 672,400 | 529,400 |
| Fair Value Change Income | 396,300 | 1.5M | 1.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 236,800 | 31,200 | -1.6M | -11.6M | -3.2M | 791,500 | 8.3M | 3,600 | 92,000 | -900.00 | -- |
| Asset Impairment Loss | 11.7M | 15.5M | -11,600 | 2.0M | -- | -- | 3.4M | 2.3M | 45,500 | -1.4M | -9.1M |
| Other Income | 4.3M | 4.2M | 5.0M | 32.3M | 3.1M | 2.5M | 2.2M | 2.2M | -- | -- | -- |
| Income Before Tax | 252.0M | 251.0M | 175.0M | 197.0M | 130.0M | 133.0M | 111.0M | 116.0M | 173.0M | 118.0M | 127.0M |
| Income Tax | 45.8M | 44.8M | 30.3M | 32.4M | 17.5M | 19.8M | 17.1M | 19.8M | 30.2M | 22.9M | 19.7M |
| Net Income | 206.0M | 206.0M | 145.0M | 164.0M | 112.0M | 113.0M | 93.8M | 96.6M | 143.0M | 95.0M | 107.0M |
| Net Margin % | 14.3% | 17.1% | 13.7% | 16.6% | 13.9% | 25.0% | 22.4% | 21.7% | 44.0% | 27.2% | 32.3% |
| Net Income Attributable | 197.0M | 197.0M | 137.0M | 156.0M | 105.0M | 113.0M | 93.9M | 96.6M | 143.0M | 95.0M | 87.3M |
| Minority Interest | 8.6M | 8.6M | 7.6M | 8.7M | 7.7M | -206,500 | -78,500 | -- | -- | -- | 19.8M |
| Eps Basic | 1.04 | 1.04 | 0.72 | 0.82 | 0.65 | 0.71 | 0.69 | 0.80 | 1.19 | 0.86 | 0.86 |
| Eps Diluted | 1.04 | 1.04 | 0.72 | 0.82 | 0.65 | 0.71 | 0.69 | 0.80 | 1.19 | 0.86 | 0.86 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 389.0M | 512.0M | 389.0M | 326.0M | 669.0M | 245.0M | 149.0M | 120.0M | 43.3M | 64.0M | 60.8M |
| Trading Financial Assets | 642.0M | 514.0M | 407.0M | 549.0M | 234.0M | 174.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 189.0M | 301.0M | 273.0M | 132.0M | 156.0M | 45.6M | 43.8M | 57.0M | 54.6M | 46.1M | 24.7M |
| Notes Receivable | -- | -- | 300,000 | -- | 1.0M | 400,000 | 6.6M | 200,000 | 900,000 | -- | -- |
| Notes And Accounts Receivable | 189.0M | 301.0M | 273.0M | 132.0M | 157.0M | 46.0M | 50.4M | 57.2M | 55.5M | 46.1M | 24.7M |
| Prepayments | 5.7M | 2.0M | 6.3M | 12.5M | 10.3M | 2.4M | 1.0M | 2.7M | 486,600 | 2.7M | 285,200 |
| Inventory | 166.0M | 246.0M | 100.0M | 76.0M | 44.5M | 30.2M | 30.2M | 25.2M | 20.8M | 13.9M | 13.1M |
| Total Current Assets | 1.5B | 1.6B | 1.2B | 1.2B | 1.2B | 587.0M | 885.0M | 290.0M | 276.0M | 265.0M | 197.0M |
| Long Term Equity Investment | 17.7M | 18.8M | 18.2M | 18.1M | 17.5M | 16.9M | 15.3M | 15.5M | 17.7M | 7.6M | 8.6M |
| Fixed Assets | -- | 914.0M | 1.0B | 999.0M | 1.1B | 278.0M | 286.0M | 342.0M | 316.0M | 158.0M | 167.0M |
| Fixed Assets Total | 908.0M | 914.0M | 1.0B | 999.0M | 1.1B | 278.0M | 286.0M | 342.0M | 316.0M | 158.0M | 167.0M |
| Construction In Progress | -- | 5.7M | 15.0M | 94.6M | 86.9M | 86.2M | 53.9M | 36.8M | 30.7M | 16.6M | 188,200 |
| Construction In Progress Total | 26.7M | 9.6M | 25.5M | 103.0M | 96.6M | 87.1M | 55.0M | 36.8M | 30.7M | 16.6M | 188,200 |
| Intangible Assets | 106.0M | 100.0M | 99.9M | 117.0M | 120.0M | 72.9M | 75.6M | 79.7M | 66.8M | 54.7M | 48.3M |
| Long Term Deferred Expenses | 3.5M | 3.6M | 1.0M | 1.4M | 508,400 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.4B | 1.3B | 1.4B | 1.4B | 1.4B | 829.0M | 458.0M | 500.0M | 456.0M | 259.0M | 247.0M |
| Total Assets | 2.9B | 2.9B | 2.7B | 2.6B | 2.7B | 1.4B | 1.3B | 790.0M | 732.0M | 524.0M | 444.0M |
| Short Term Borrowings | -- | -- | -- | 5.0M | 41.8M | -- | -- | -- | -- | -- | 40.0M |
| Accounts Payable | 285.0M | 218.0M | 234.0M | 117.0M | 103.0M | 39.7M | 48.6M | 82.0M | 108.0M | 25.2M | 26.2M |
| Advance Receipts | 4.5M | 4.5M | 7.0M | 1.3M | 1.0M | 115.0M | 102.0M | 88.5M | 79.2M | 69.3M | 71.4M |
| Contract Liabilities | 564.0M | 620.0M | 370.0M | 341.0M | 280.0M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 962.0M | 969.0M | 672.0M | 531.0M | 472.0M | 176.0M | 175.0M | 195.0M | 226.0M | 115.0M | 162.0M |
| Long Term Borrowings | 112.0M | 136.0M | 220.0M | 254.0M | 360.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 149.0M | 183.0M | 275.0M | 319.0M | 493.0M | 76.4M | 60.4M | 61.8M | 39.3M | 54.0M | 43.9M |
| Total Liabilities | 1.1B | 1.2B | 947.0M | 850.0M | 965.0M | 252.0M | 235.0M | 257.0M | 265.0M | 169.0M | 205.0M |
| Paid In Capital | 189.0M | 189.0M | 189.0M | 189.0M | 189.0M | 160.0M | 160.0M | 120.0M | 120.0M | 120.0M | 105.0M |
| Capital Reserve | 925.0M | 925.0M | 925.0M | 925.0M | 925.0M | 608.0M | 608.0M | 168.0M | 164.0M | 164.0M | 60.9M |
| Surplus Reserve | 126.0M | 126.0M | 112.0M | 101.0M | 82.0M | 76.7M | 65.4M | 55.0M | 37.0M | 10.4M | 31.2M |
| Retained Earnings | 407.0M | 380.0M | 329.0M | 356.0M | 332.0M | 305.0M | 259.0M | 175.0M | 133.0M | 52.3M | 34.7M |
| Minority Equity | 121.0M | 120.0M | 136.0M | 138.0M | 150.0M | -- | 421,500 | -- | -- | -- | -- |
| Equity Attributable | 1.7B | 1.6B | 1.6B | 1.6B | 1.5B | 1.2B | 1.1B | 534.0M | 466.0M | 355.0M | 238.0M |
| Total Equity | 1.8B | 1.8B | 1.7B | 1.7B | 1.7B | 1.2B | 1.1B | 534.0M | 466.0M | 355.0M | 238.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.4B | 1.5B | 987.0M | 1.1B | 905.0M | 513.0M | 451.0M | 528.0M | 367.0M | 389.0M | 359.0M |
| Tax Refunds Received | -- | -- | 31.1M | 7.5M | 42.00 | -- | -- | -- | 295,500 | 19,800 | -- |
| Total Operating Cash Inflow | 1.4B | 1.6B | 1.1B | 1.1B | 948.0M | 537.0M | 481.0M | 554.0M | 449.0M | 415.0M | 773.0M |
| Cash Paid For Goods | 780.0M | 880.0M | 565.0M | 555.0M | 444.0M | 269.0M | 260.0M | 274.0M | 266.0M | 187.0M | 167.0M |
| Cash Paid To Employees | 115.0M | 103.0M | 103.0M | 98.8M | 81.8M | 43.5M | 43.3M | 37.9M | 35.4M | 33.5M | 26.9M |
| Taxes Paid | 103.0M | 81.3M | 76.4M | 58.5M | 50.3M | 49.9M | 29.8M | 55.3M | 41.5M | 44.3M | 46.6M |
| Total Operating Cash Outflow | 1.0B | 1.1B | 796.0M | 760.0M | 635.0M | 390.0M | 386.0M | 386.0M | 368.0M | 323.0M | 570.0M |
| Operating Cash Flow | 378.0M | 453.0M | 261.0M | 367.0M | 313.0M | 146.0M | 94.4M | 168.0M | 81.0M | 92.8M | 203.0M |
| Total Investing Cash Inflow | 2.6B | 2.0B | 1.9B | 2.2B | 1.9B | 5.0B | 1.2B | 179.0M | 269.0M | 352.0M | 172.0M |
| Total Investing Cash Outflow | 2.8B | 2.2B | 1.8B | 2.6B | 2.2B | 5.0B | 1.8B | 240.0M | 335.0M | 434.0M | 298.0M |
| Investing Cash Flow | -277.0M | -126.0M | 17.1M | -434.0M | -271.0M | 4.0M | -545.0M | -60.8M | -65.6M | -82.1M | -126.0M |
| Cash From Borrowings | -- | -- | -- | 5.0M | 172.0M | -- | -- | -- | -- | -- | 105.0M |
| Dividends And Interest Paid | 181.0M | 160.0M | 167.0M | 142.0M | 79.1M | 56.0M | -- | 36.0M | 36.0M | 535,600 | 30.3M |
| Debt Repayments | 41.7M | 42.9M | 46.8M | 138.0M | 57.7M | -- | -- | -- | -- | 40.0M | 125.0M |
| Total Financing Cash Inflow | -- | -- | -- | 5.0M | 529.0M | 1.5M | 492.0M | 4.8M | -- | 33.0M | 110.0M |
| Total Financing Cash Outflow | 224.0M | 204.0M | 214.0M | 281.0M | 147.0M | 56.0M | 12.2M | 36.0M | 36.0M | 40.5M | 157.0M |
| Financing Cash Flow | -224.0M | -204.0M | -214.0M | -276.0M | 382.0M | -54.5M | 480.0M | -31.2M | -36.0M | -7.5M | -47.1M |
| Net Change In Cash | -123.0M | 123.0M | 63.1M | -343.0M | 424.0M | 95.8M | 29.6M | 76.5M | -20.6M | 3.2M | 30.0M |
| Ending Cash Balance | 389.0M | 512.0M | 389.0M | 326.0M | 669.0M | 245.0M | 149.0M | 120.0M | 43.3M | 64.0M | 60.8M |
| Capex | 168.0M | 33.4M | 91.7M | 135.0M | 62.5M | 67.2M | 61.2M | 117.0M | 77.0M | 17.4M | 17.3M |