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 | 970.0M | 829.0M | 819.0M | 893.0M | 750.0M | 617.0M | 587.0M | 469.0M | 408.0M | 327.0M | 315.0M | 285.0M | 206.0M |
| Revenue Growth % | 17.0% | 1.2% | -8.3% | 19.1% | 21.6% | 5.1% | 25.2% | 15.0% | 24.8% | 3.8% | 10.5% | 38.3% | -- |
| Total Revenue | 970.0M | 829.0M | 819.0M | 893.0M | 750.0M | 617.0M | 587.0M | 469.0M | 408.0M | 327.0M | 315.0M | 285.0M | 206.0M |
| Cost Of Revenue | 616.0M | 524.0M | 551.0M | 581.0M | 451.0M | 342.0M | 316.0M | 259.0M | 217.0M | 183.0M | 170.0M | 162.0M | 134.0M |
| Gross Profit | 354.0M | 305.0M | 268.0M | 312.0M | 299.0M | 275.0M | 271.0M | 210.0M | 191.0M | 144.0M | 145.0M | 123.0M | 72.0M |
| Gross Margin % | 36.5% | 36.8% | 32.7% | 34.9% | 39.9% | 44.6% | 46.2% | 44.8% | 46.8% | 44.0% | 46.0% | 43.2% | 35.0% |
| Total Operating Cost | 973.0M | 745.0M | 740.0M | 738.0M | 578.0M | 456.0M | 403.0M | 353.0M | 290.0M | 242.0M | 218.0M | 201.0M | 165.0M |
| Selling Expenses | 49.0M | 45.3M | 37.3M | 35.9M | 33.3M | 50.1M | 41.3M | 32.2M | 28.6M | 17.5M | 9.1M | 6.6M | 5.6M |
| Admin Expenses | 83.7M | 76.1M | 72.2M | 46.7M | 41.2M | 33.3M | 26.0M | 32.0M | 37.6M | 35.5M | 31.2M | 22.0M | 19.0M |
| Rd Expenses | 37.8M | 35.0M | 35.9M | 36.1M | 26.8M | 20.2M | 21.3M | 17.1M | -- | -- | -- | -- | -- |
| Finance Expenses | 67.5M | 50.1M | 28.4M | 27.6M | 12.9M | 2.7M | -8.9M | 6.8M | 2.0M | 3.4M | 5.5M | 7.0M | 4.7M |
| Operating Income | 15.3M | 102.0M | 93.6M | 170.0M | 183.0M | 176.0M | 209.0M | 136.0M | 121.0M | 87.8M | 96.8M | 83.7M | 41.1M |
| Operating Margin % | 1.6% | 12.3% | 11.4% | 19.0% | 24.4% | 28.5% | 35.6% | 29.0% | 29.7% | 26.9% | 30.7% | 29.4% | 20.0% |
| Non Operating Income | 1.1M | -- | 1.6M | 300.00 | 600.00 | 300.00 | 300.00 | 4,700 | 3.3M | 26.1M | 1.6M | 3.0M | 1.8M |
| Non Operating Expenses | 12.9M | 1.8M | 1.1M | 629,700 | 3.4M | 3.6M | 176,600 | 882,500 | 544,900 | 61,900 | 1.8M | 1.1M | 1.5M |
| Investment Income | 2.4M | 4.6M | 4.3M | 4.7M | 3.2M | 4.8M | 11.1M | 7.5M | 2.4M | 2.1M | -- | 178,600 | -- |
| Asset Disposal Income | 10,700 | 60,600 | 20,400 | 34,600 | 14,800 | 12,800 | -267,100 | 90,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 93.7M | -- | -- | -- | -- | -- | 987,000 | 466,800 | 1.3M | 284,200 | 22,900 | 1.0M | 406,100 |
| Other Income | 15.9M | 13.7M | 10.5M | 10.1M | 7.9M | 10.4M | 15.3M | 12.2M | -- | -- | -- | -- | -- |
| Income Before Tax | 3.5M | 100.0M | 94.1M | 170.0M | 180.0M | 173.0M | 209.0M | 135.0M | 124.0M | 114.0M | 96.7M | 85.6M | 41.4M |
| Income Tax | -36.4M | 11.7M | 959,000 | 21.3M | 17.7M | 23.5M | 29.2M | 18.9M | 18.4M | 17.1M | 13.8M | 12.2M | 6.0M |
| Net Income | 39.9M | 88.7M | 93.1M | 149.0M | 162.0M | 149.0M | 180.0M | 116.0M | 106.0M | 96.7M | 82.9M | 73.4M | 35.4M |
| Net Margin % | 4.1% | 10.7% | 11.4% | 16.7% | 21.6% | 24.1% | 30.7% | 24.7% | 26.0% | 29.6% | 26.3% | 25.8% | 17.2% |
| Net Income Attributable | 35.1M | 83.9M | 88.0M | 144.0M | 157.0M | 147.0M | 180.0M | 118.0M | 109.0M | 100.0M | 82.9M | 73.4M | 35.4M |
| Minority Interest | 4.7M | 4.8M | 5.1M | 4.8M | 4.8M | 2.2M | -179,800 | -2.0M | -3.2M | -3.8M | -- | -- | -- |
| Eps Basic | 0.05 | 0.13 | 0.19 | 0.31 | 0.34 | 0.31 | 0.39 | 0.28 | 0.40 | 0.37 | 0.31 | 0.27 | 0.13 |
| Eps Diluted | 0.05 | 0.13 | 0.19 | 0.31 | 0.34 | 0.31 | 0.39 | 0.28 | 0.40 | 0.37 | 0.31 | 0.27 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 33.1M | 46.8M | 75.2M | 131.0M | 57.9M | 97.6M | 49.6M | 87.6M | 24.7M | 30.0M | 12.2M | 37.2M | 11.2M |
| Accounts Receivable | 199.0M | 209.0M | 175.0M | 160.0M | 153.0M | 122.0M | 110.0M | 99.7M | 92.8M | 68.5M | 63.6M | 64.2M | 44.0M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 9.5M | 18.0M | 4.0M | 2.0M | 3.7M | 9.4M | 3.7M |
| Notes And Accounts Receivable | 199.0M | 209.0M | 175.0M | 160.0M | 153.0M | 122.0M | 120.0M | 118.0M | 96.9M | 70.5M | 67.3M | 73.5M | 47.7M |
| Prepayments | 7.6M | 5.5M | 16.9M | 11.9M | 23.6M | 9.6M | 28.2M | 5.2M | 7.4M | 4.0M | 1.5M | 2.4M | 2.7M |
| Inventory | 1.4B | 1.0B | 787.0M | 537.0M | 422.0M | 380.0M | 335.0M | 222.0M | 164.0M | 131.0M | 117.0M | 90.3M | 89.7M |
| Total Current Assets | 1.6B | 1.3B | 1.1B | 913.0M | 721.0M | 661.0M | 648.0M | 637.0M | 297.0M | 237.0M | 199.0M | 204.0M | 151.0M |
| Long Term Equity Investment | 27.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.5B | 1.5B | 808.0M | 668.0M | 691.0M | 429.0M | 388.0M | 367.0M | 95.2M | 99.2M | 66.3M | 58.7M |
| Fixed Assets Total | 1.7B | 1.5B | 1.5B | 808.0M | 668.0M | 691.0M | 429.0M | 388.0M | 367.0M | 95.2M | 99.2M | 66.3M | 58.7M |
| Construction In Progress | -- | 938.0M | 415.0M | 640.0M | 407.0M | 95.0M | 156.0M | 33.7M | 37.4M | 96.2M | 1.6M | 17.0M | 572,600 |
| Construction In Progress Total | 944.0M | 991.0M | 500.0M | 690.0M | 424.0M | 98.0M | 157.0M | 36.7M | 40.2M | 96.9M | 2.4M | 18.4M | 572,600 |
| Intangible Assets | 330.0M | 336.0M | 257.0M | 263.0M | 269.0M | 210.0M | 86.6M | 63.1M | 64.5M | 65.8M | 67.2M | 6.5M | 6.7M |
| Long Term Deferred Expenses | 7.3M | 32.6M | 38.1M | 34.3M | 27.1M | 18.4M | 9.8M | 2.0M | 553,200 | 840,200 | 725,300 | 1.4M | 1.4M |
| Total Non Current Assets | 3.2B | 3.0B | 2.5B | 2.0B | 1.5B | 1.1B | 813.0M | 602.0M | 551.0M | 352.0M | 248.0M | 157.0M | 80.4M |
| Total Assets | 4.9B | 4.3B | 3.6B | 2.9B | 2.3B | 1.8B | 1.5B | 1.2B | 848.0M | 589.0M | 446.0M | 360.0M | 232.0M |
| Short Term Borrowings | 838.0M | 633.0M | 326.0M | 155.0M | 218.0M | 165.0M | 30.0M | -- | 100.0M | 72.3M | 77.4M | 80.0M | 49.6M |
| Accounts Payable | 522.0M | 411.0M | 226.0M | 175.0M | 159.0M | 78.8M | 45.3M | 45.8M | 81.6M | 27.9M | 15.9M | 13.9M | 11.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.1M | 1.6M | 2.2M | 397,000 | 1.1M | 913,600 | 515,900 | 457,400 |
| Contract Liabilities | 60.3M | 27.5M | 3.2M | 2.6M | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.1B | 1.6B | 828.0M | 598.0M | 452.0M | 270.0M | 136.0M | 70.7M | 227.0M | 117.0M | 111.0M | 107.0M | 71.3M |
| Long Term Borrowings | 635.0M | 782.0M | 910.0M | 566.0M | 219.0M | 95.0M | -- | -- | 110.0M | 49.5M | -- | -- | -- |
| Total Non Current Liabilities | 836.0M | 821.0M | 948.0M | 599.0M | 247.0M | 123.0M | 26.0M | 27.1M | 129.0M | 68.6M | 19.1M | 19.1M | -- |
| Total Liabilities | 3.0B | 2.4B | 1.8B | 1.2B | 699.0M | 393.0M | 162.0M | 97.8M | 356.0M | 185.0M | 130.0M | 126.0M | 71.3M |
| Paid In Capital | 655.0M | 468.0M | 468.0M | 468.0M | 468.0M | 468.0M | 468.0M | 360.0M | 270.0M | 270.0M | 270.0M | 55.0M | 55.0M |
| Capital Reserve | 384.0M | 384.0M | 384.0M | 384.0M | 384.0M | 384.0M | 384.0M | 492.0M | 32.8M | 32.8M | 32.8M | 15.0M | 15.0M |
| Surplus Reserve | 144.0M | 127.0M | 113.0M | 101.0M | 85.6M | 69.6M | 54.9M | 36.0M | 23.8M | 12.0M | 1.4M | 16.4M | 9.1M |
| Retained Earnings | 666.0M | 882.0M | 812.0M | 736.0M | 607.0M | 466.0M | 391.0M | 251.0M | 167.0M | 89.9M | 12.6M | 148.0M | 81.5M |
| Minority Equity | 11.7M | 10.8M | 9.8M | 8.2M | 7.3M | 4.7M | 981,100 | 1.2M | -1.7M | -979,400 | -- | -- | -- |
| Equity Attributable | 1.9B | 1.9B | 1.8B | 1.7B | 1.6B | 1.4B | 1.3B | 1.1B | 493.0M | 405.0M | 317.0M | 234.0M | 161.0M |
| Total Equity | 1.9B | 1.9B | 1.8B | 1.7B | 1.6B | 1.4B | 1.3B | 1.1B | 492.0M | 404.0M | 317.0M | 234.0M | 161.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 720.0M | 734.0M | 681.0M | 690.0M | 606.0M | 537.0M | 546.0M | 421.0M | 345.0M | 295.0M | 289.0M | 257.0M | 197.0M |
| Tax Refunds Received | 79.6M | 48.3M | 117.0M | 41.6M | 8.9M | -- | -- | -- | -- | -- | -- | 925,100 | -- |
| Total Operating Cash Inflow | 839.0M | 810.0M | 816.0M | 746.0M | 621.0M | 554.0M | 562.0M | 437.0M | 351.0M | 322.0M | 290.0M | 279.0M | 199.0M |
| Cash Paid For Goods | 722.0M | 497.0M | 593.0M | 357.0M | 283.0M | 245.0M | 336.0M | 240.0M | 169.0M | 118.0M | 115.0M | 125.0M | 122.0M |
| Cash Paid To Employees | 151.0M | 117.0M | 99.7M | 98.6M | 79.1M | 69.8M | 64.8M | 52.6M | 43.8M | 34.4M | 29.4M | 23.0M | 17.5M |
| Taxes Paid | 89.1M | 81.9M | 57.5M | 78.5M | 72.5M | 61.8M | 54.1M | 42.2M | 39.0M | 45.0M | 37.5M | 33.6M | 19.4M |
| Total Operating Cash Outflow | 1.0B | 729.0M | 806.0M | 566.0M | 459.0M | 414.0M | 491.0M | 374.0M | 277.0M | 217.0M | 201.0M | 194.0M | 180.0M |
| Operating Cash Flow | -163.0M | 80.4M | 10.0M | 181.0M | 162.0M | 141.0M | 70.4M | 63.4M | 73.7M | 106.0M | 89.8M | 85.0M | 19.1M |
| Total Investing Cash Inflow | 2.7M | 4.6M | 5.2M | 8.7M | 3.7M | 105.0M | 527.0M | 290.0M | 2.5M | 2.1M | 1.6M | 165.0M | 140,900 |
| Total Investing Cash Outflow | 267.0M | 493.0M | 553.0M | 496.0M | 401.0M | 360.0M | 652.0M | 596.0M | 161.0M | 119.0M | 109.0M | 250.0M | 17.2M |
| Investing Cash Flow | -264.0M | -488.0M | -547.0M | -487.0M | -398.0M | -255.0M | -125.0M | -307.0M | -158.0M | -117.0M | -107.0M | -84.8M | -17.0M |
| Cash From Borrowings | 1.5B | 991.0M | 923.0M | 731.0M | 394.0M | 260.0M | 44.1M | 98.5M | 224.0M | 224.0M | 147.0M | 95.0M | 59.6M |
| Dividends And Interest Paid | 89.8M | 62.1M | 47.5M | 30.6M | 16.3M | 62.8M | 21.6M | 25.6M | 30.4M | 17.9M | 5.1M | 4.5M | 4.2M |
| Debt Repayments | 1.4B | 529.0M | 419.0M | 323.0M | 184.0M | 30.0M | 14.1M | 328.0M | 116.0M | 179.0M | 150.0M | 64.6M | 70.6M |
| Total Financing Cash Inflow | 2.3B | 991.0M | 923.0M | 731.0M | 396.0M | 262.0M | 44.1M | 678.0M | 224.0M | 226.0M | 147.0M | 95.0M | 59.6M |
| Total Financing Cash Outflow | 1.8B | 592.0M | 468.0M | 355.0M | 213.0M | 92.8M | 35.7M | 372.0M | 146.0M | 197.0M | 155.0M | 69.1M | 74.8M |
| Financing Cash Flow | 415.0M | 398.0M | 455.0M | 376.0M | 183.0M | 169.0M | 8.4M | 307.0M | 77.8M | 29.3M | -7.7M | 25.9M | -15.2M |
| Net Change In Cash | -10.0M | -7.9M | -80.3M | 67.4M | -54.0M | 54.2M | -44.6M | 63.7M | -6.2M | 18.4M | -25.6M | 26.0M | -13.3M |
| Ending Cash Balance | 12.5M | 22.5M | 30.3M | 111.0M | 43.2M | 97.2M | 43.0M | 87.6M | 23.9M | 30.0M | 11.6M | 37.2M | 11.2M |
| Capex | 239.0M | 493.0M | 553.0M | 496.0M | 401.0M | 360.0M | 237.0M | 114.0M | 161.0M | 119.0M | 38.7M | 85.2M | 17.2M |