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 | 2.5B | 2.9B | 2.9B | 2.2B | 2.4B | 1.8B | 1.6B | 1.5B | 1.1B | 1.1B | 1.1B | 1.2B | 1.1B |
| Revenue Growth % | -13.1% | 0.5% | 29.1% | -7.7% | 30.1% | 12.3% | 8.7% | 34.0% | -0.8% | 5.8% | -11.6% | 13.6% | -- |
| Total Revenue | 2.5B | 2.9B | 2.9B | 2.2B | 2.4B | 1.8B | 1.6B | 1.5B | 1.1B | 1.1B | 1.1B | 1.2B | 1.1B |
| Cost Of Revenue | 2.0B | 2.3B | 2.3B | 1.8B | 1.8B | 1.4B | 1.3B | 1.2B | 818.0M | 821.0M | 772.0M | 811.0M | 749.0M |
| Gross Profit | 465.0M | 555.0M | 551.0M | 430.0M | 628.0M | 478.0M | 369.0M | 333.0M | 306.0M | 312.0M | 299.0M | 400.0M | 317.0M |
| Gross Margin % | 18.7% | 19.4% | 19.3% | 19.5% | 26.2% | 26.0% | 22.5% | 22.1% | 27.2% | 27.5% | 27.9% | 33.0% | 29.7% |
| Total Operating Cost | 2.3B | 2.7B | 2.7B | 2.1B | 2.0B | 1.6B | 1.5B | 1.4B | 1.0B | 1.0B | 956.0M | 1.0B | 932.0M |
| Selling Expenses | 105.0M | 104.0M | 74.6M | 81.9M | 79.1M | 118.0M | 100.0M | 94.8M | 73.3M | 68.1M | 68.6M | 101.0M | 101.0M |
| Admin Expenses | 90.8M | 97.0M | 84.7M | 87.5M | 72.4M | 73.8M | 62.5M | 50.7M | 68.7M | 72.1M | 69.7M | 97.4M | 51.4M |
| Rd Expenses | 86.5M | 88.0M | 84.8M | 53.6M | 61.9M | 53.4M | 43.1M | 42.4M | -- | -- | -- | -- | -- |
| Finance Expenses | 22.3M | 19.5M | 29.7M | 20.4M | 4.1M | 900,400 | 3.7M | 4.3M | 9.3M | 22.1M | 23.0M | 16.7M | 8.8M |
| Operating Income | 193.0M | 185.0M | 177.0M | 147.0M | 373.0M | 230.0M | 175.0M | 145.0M | 113.0M | 118.0M | 115.0M | 172.0M | 135.0M |
| Operating Margin % | 7.8% | 6.5% | 6.2% | 6.7% | 15.6% | 12.5% | 10.7% | 9.6% | 10.1% | 10.4% | 10.7% | 14.2% | 12.7% |
| Non Operating Income | 2.4M | 4.2M | 1.0M | 3.1M | 1.5M | 6.7M | 3.9M | 857,500 | 4.9M | 16.5M | 6.2M | 20.7M | 4.2M |
| Non Operating Expenses | 207,200 | 563,900 | 1.5M | 1.2M | 871,900 | 866,400 | 268,200 | 773,000 | 2.4M | 416,400 | 2.2M | 5.0M | 140,300 |
| Investment Income | 20.7M | 736,000 | -1.4M | 3.4M | 870,200 | 4.1M | 6.8M | 1.6M | 1.2M | 234,600 | 48,200 | -- | -- |
| Asset Disposal Income | 331,900 | 162,400 | -159,500 | 436,700 | -1.0M | 427,600 | -382,600 | 263,200 | -284,900 | -- | -- | -- | -- |
| Asset Impairment Loss | 547,900 | -3.1M | 5.4M | 1.4M | 1.7M | 2.7M | -13.6M | 902,500 | 32.3M | 23.7M | 16.4M | 8.6M | 16.1M |
| Other Income | 24.4M | 20.6M | 13.0M | 8.9M | 9.5M | 7.0M | 7.4M | 12.9M | -- | -- | -- | -- | -- |
| Income Before Tax | 196.0M | 188.0M | 177.0M | 149.0M | 373.0M | 236.0M | 179.0M | 145.0M | 116.0M | 134.0M | 119.0M | 187.0M | 139.0M |
| Income Tax | 26.4M | 21.5M | 27.1M | 16.1M | 54.8M | 34.2M | 24.6M | 23.2M | 18.2M | 33.7M | 31.1M | 47.8M | 36.4M |
| Net Income | 169.0M | 167.0M | 150.0M | 133.0M | 319.0M | 201.0M | 154.0M | 122.0M | 97.4M | 100.0M | 87.6M | 140.0M | 102.0M |
| Net Margin % | 6.8% | 5.8% | 5.3% | 6.0% | 13.3% | 10.9% | 9.4% | 8.1% | 8.7% | 8.8% | 8.2% | 11.6% | 9.6% |
| Net Income Attributable | 169.0M | 161.0M | 149.0M | 133.0M | 319.0M | 201.0M | 154.0M | 122.0M | 97.7M | 100.0M | 87.6M | 140.0M | 102.0M |
| Minority Interest | 2,600 | 5.7M | 333,700 | -- | 500.00 | -500.00 | -- | -357,200 | -353,400 | -- | -- | -- | -- |
| Eps Basic | 0.66 | 0.63 | 0.58 | 0.52 | 1.24 | 0.79 | 0.60 | 0.78 | 0.66 | 0.68 | 0.59 | 0.96 | 0.75 |
| Eps Diluted | 0.66 | 0.63 | 0.58 | 0.52 | 1.24 | 0.79 | 0.60 | 0.78 | 0.66 | 0.68 | 0.59 | 0.96 | 0.75 |
| 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 | 365.0M | 394.0M | 478.0M | 283.0M | 318.0M | 259.0M | 195.0M | 117.0M | 62.6M | 76.9M | 27.9M | 44.6M | 41.4M |
| Accounts Receivable | 1.2B | 1.2B | 1.4B | 1.3B | 1.2B | 744.0M | 609.0M | 561.0M | 435.0M | 505.0M | 485.0M | 392.0M | 318.0M |
| Notes Receivable | 85.4M | 86.7M | 27.1M | 71.5M | 32.5M | 57.4M | 215.0M | 88.1M | 56.9M | 18.4M | 27.5M | 52.2M | 38.4M |
| Notes And Accounts Receivable | 1.3B | 1.2B | 1.4B | 1.3B | 1.2B | 801.0M | 825.0M | 649.0M | 492.0M | 523.0M | 513.0M | 444.0M | 356.0M |
| Prepayments | 60.6M | 56.3M | 130.0M | 55.7M | 27.9M | 33.8M | 33.8M | 43.9M | 36.0M | 13.3M | 10.4M | 11.5M | 25.6M |
| Inventory | 304.0M | 322.0M | 439.0M | 442.0M | 407.0M | 274.0M | 267.0M | 296.0M | 151.0M | 157.0M | 231.0M | 278.0M | 245.0M |
| Total Current Assets | 2.5B | 2.5B | 2.8B | 2.4B | 2.2B | 1.6B | 1.5B | 1.4B | 801.0M | 832.0M | 800.0M | 798.0M | 687.0M |
| Long Term Equity Investment | 29.0M | 24.3M | 22.2M | 65.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 648.0M | 650.0M | 476.0M | 327.0M | 286.0M | 264.0M | 217.0M | 223.0M | 202.0M | 217.0M | 181.0M | 135.0M |
| Fixed Assets Total | 614.0M | 648.0M | 650.0M | 476.0M | 327.0M | 286.0M | 264.0M | 217.0M | 223.0M | 202.0M | 217.0M | 181.0M | 135.0M |
| Construction In Progress | -- | 14.3M | 26.3M | 199.0M | 87.1M | 82.0M | 43.6M | 15.6M | 9.0M | 42.7M | 35.4M | 38.8M | 22.6M |
| Construction In Progress Total | 179.0M | 14.3M | 26.3M | 199.0M | 87.1M | 82.0M | 43.6M | 15.6M | 9.0M | 42.7M | 35.4M | 38.8M | 22.6M |
| Intangible Assets | 145.0M | 124.0M | 127.0M | 130.0M | 96.0M | 97.5M | 79.9M | 81.9M | 93.5M | 85.7M | 87.6M | 89.6M | 33.7M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 191,700 | 291,700 |
| Total Non Current Assets | 1.2B | 1.1B | 1.1B | 1.1B | 622.0M | 491.0M | 430.0M | 342.0M | 364.0M | 378.0M | 377.0M | 339.0M | 220.0M |
| Total Assets | 3.7B | 3.6B | 3.9B | 3.5B | 2.9B | 2.1B | 1.9B | 1.7B | 1.2B | 1.2B | 1.2B | 1.1B | 907.0M |
| Short Term Borrowings | 586.0M | 560.0M | 803.0M | 771.0M | 253.0M | 17.0M | 76.0M | 90.0M | 111.0M | 252.0M | 298.0M | 277.0M | 218.0M |
| Accounts Payable | 90.6M | 121.0M | 162.0M | 166.0M | 121.0M | 78.5M | 36.5M | 61.9M | 31.4M | 40.8M | 51.3M | 83.9M | 128.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 54.6M | 24.2M | 16.8M | 10.9M | 21.2M | 41.0M | 83.4M | 71.9M |
| Contract Liabilities | 52.5M | 68.5M | 221.0M | 147.0M | 134.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 1.2B | 1.5B | 1.4B | 834.0M | 304.0M | 271.0M | 230.0M | 245.0M | 383.0M | 452.0M | 521.0M | 527.0M |
| Long Term Borrowings | 247.0M | -- | 247.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 343.0M | 67.9M | 331.0M | 103.0M | 74.4M | 79.9M | 64.9M | 63.0M | 69.8M | 82.4M | 72.4M | 51.7M | -- |
| Total Liabilities | 1.3B | 1.3B | 1.8B | 1.5B | 908.0M | 384.0M | 336.0M | 293.0M | 315.0M | 465.0M | 525.0M | 573.0M | 527.0M |
| Paid In Capital | 256.0M | 257.0M | 257.0M | 258.0M | 256.0M | 256.0M | 256.0M | 197.0M | 148.0M | 148.0M | 148.0M | 148.0M | 143.0M |
| Capital Reserve | 654.0M | 656.0M | 662.0M | 665.0M | 654.0M | 654.0M | 654.0M | 713.0M | 273.0M | 273.0M | 273.0M | 273.0M | 62.4M |
| Surplus Reserve | 169.0M | 169.0M | 150.0M | 131.0M | 118.0M | 90.3M | 70.9M | 55.4M | 42.6M | 30.1M | 21.9M | 13.5M | 17.5M |
| Retained Earnings | 1.3B | 1.1B | 1.0B | 957.0M | 932.0M | 704.0M | 570.0M | 467.0M | 372.0M | 294.0M | 209.0M | 130.0M | 157.0M |
| Minority Equity | 6.3M | 6.6M | 933,700 | -- | -- | -500.00 | -- | -- | 14.3M | -- | -- | -- | -- |
| Equity Attributable | 2.3B | 2.2B | 2.1B | 2.0B | 2.0B | 1.7B | 1.6B | 1.4B | 835.0M | 744.0M | 652.0M | 564.0M | 380.0M |
| Total Equity | 2.4B | 2.2B | 2.1B | 2.0B | 2.0B | 1.7B | 1.6B | 1.4B | 849.0M | 744.0M | 652.0M | 564.0M | 380.0M |
| 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 | 2.8B | 3.2B | 2.9B | 2.0B | 2.0B | 1.6B | 1.5B | 1.4B | 1.1B | 1.1B | 926.0M | 975.0M | 828.0M |
| Tax Refunds Received | -- | 900.00 | 4.9M | -- | 3.5M | 155,400 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 3.0B | 3.4B | 3.0B | 2.1B | 2.3B | 1.7B | 1.6B | 1.5B | 1.2B | 1.1B | 969.0M | 1.0B | 899.0M |
| Cash Paid For Goods | 2.4B | 2.4B | 2.5B | 1.9B | 1.7B | 1.2B | 1.2B | 1.3B | 785.0M | 701.0M | 728.0M | 720.0M | 824.0M |
| Cash Paid To Employees | 200.0M | 205.0M | 178.0M | 162.0M | 143.0M | 111.0M | 98.2M | 81.2M | 70.5M | 62.0M | 66.5M | 69.6M | 43.6M |
| Taxes Paid | 133.0M | 140.0M | 118.0M | 101.0M | 142.0M | 101.0M | 67.9M | 92.3M | 58.6M | 134.0M | 85.4M | 115.0M | 79.6M |
| Total Operating Cash Outflow | 2.9B | 3.2B | 3.0B | 2.3B | 2.4B | 1.6B | 1.5B | 1.6B | 1.0B | 1.0B | 987.0M | 1.0B | 1.1B |
| Operating Cash Flow | 94.5M | 192.0M | 17.6M | -201.0M | -27.1M | 102.0M | 68.8M | -151.0M | 163.0M | 111.0M | -18.1M | 9.6M | -208.0M |
| Total Investing Cash Inflow | 48.6M | 27.7M | 1.6M | 70.9M | 92.7M | 426.0M | 488.0M | 371.0M | 1.1B | 389.0M | 82.2M | 22,400 | 34,700 |
| Total Investing Cash Outflow | 178.0M | 32.1M | 44.1M | 372.0M | 151.0M | 387.0M | 416.0M | 604.0M | 1.1B | 401.0M | 99.4M | 73.2M | 38.9M |
| Investing Cash Flow | -129.0M | -4.4M | -42.5M | -301.0M | -58.7M | 39.1M | 72.3M | -233.0M | -44.2M | -11.2M | -17.2M | -73.2M | -38.8M |
| Cash From Borrowings | 1.2B | 759.0M | 1.2B | 902.0M | 252.0M | 107.0M | 136.0M | 183.0M | 140.0M | 289.0M | 415.0M | 335.0M | 278.0M |
| Dividends And Interest Paid | 77.1M | 72.4M | 64.0M | 113.0M | 66.0M | 47.8M | 41.6M | 13.0M | 13.8M | 22.9M | 20.8M | 21.0M | 6.1M |
| Debt Repayments | 1.1B | 887.0M | 874.0M | 392.0M | 17.0M | 166.0M | 156.0M | 175.0M | 263.0M | 340.0M | 418.0M | 312.0M | 50.5M |
| Total Financing Cash Inflow | 1.2B | 784.0M | 1.2B | 962.0M | 252.0M | 107.0M | 137.0M | 684.0M | 174.0M | 360.0M | 475.0M | 414.0M | 310.0M |
| Total Financing Cash Outflow | 1.2B | 991.0M | 1.1B | 505.0M | 83.0M | 214.0M | 198.0M | 223.0M | 312.0M | 416.0M | 460.0M | 352.0M | 58.6M |
| Financing Cash Flow | -12.8M | -207.0M | 65.8M | 457.0M | 169.0M | -107.0M | -61.4M | 461.0M | -138.0M | -55.6M | 14.7M | 62.3M | 251.0M |
| Net Change In Cash | -47.7M | -20.1M | 40.8M | -45.3M | 83.1M | 34.0M | 79.8M | 77.8M | -19.3M | 44.1M | -20.7M | -1.3M | 4.1M |
| Ending Cash Balance | 240.0M | 287.0M | 307.0M | 267.0M | 312.0M | 229.0M | 195.0M | 115.0M | 37.1M | 56.5M | 12.4M | 33.1M | 34.4M |
| Capex | 144.0M | 6.3M | 36.4M | 163.0M | 61.4M | 39.3M | 70.7M | 32.2M | 6.0M | 1.7M | 19.4M | 73.2M | 38.9M |