Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 882.0M | 817.0M | 637.0M | 499.0M | 465.0M |
| Revenue Growth % | 8.0% | 28.3% | 27.7% | 7.3% | -- |
| Total Revenue | 882.0M | 817.0M | 637.0M | 499.0M | 465.0M |
| Cost Of Revenue | 493.0M | 475.0M | 391.0M | 328.0M | 293.0M |
| Gross Profit | 389.0M | 342.0M | 246.0M | 171.0M | 172.0M |
| Gross Margin % | 44.1% | 41.9% | 38.6% | 34.3% | 37.0% |
| Total Operating Cost | 770.0M | 683.0M | 541.0M | 416.0M | 378.0M |
| Selling Expenses | 198.0M | 142.0M | 94.8M | 49.0M | 31.0M |
| Admin Expenses | 38.5M | 42.4M | 37.9M | 32.3M | 30.6M |
| Rd Expenses | 29.9M | 31.1M | 25.6M | 19.1M | 18.1M |
| Finance Expenses | -900,000 | -20.4M | -18.1M | -19.4M | -115,500 |
| Operating Income | 126.0M | 141.0M | 101.0M | 91.5M | 98.2M |
| Operating Margin % | 14.3% | 17.3% | 15.9% | 18.3% | 21.1% |
| Non Operating Income | 7,800 | 50,100 | 42,800 | 79,700 | 4.9M |
| Non Operating Expenses | 188,400 | 75,500 | 222,600 | 713,600 | 806,900 |
| Investment Income | 4.2M | 3.0M | 2.1M | 5.3M | 10.0M |
| Fair Value Change Income | 4.0M | 656,600 | -- | -- | -- |
| Asset Disposal Income | -149,600 | 47,100 | 3,900 | 20,400 | -908,400 |
| Asset Impairment Loss | 3.3M | 3.6M | 3.9M | 2.5M | 1.8M |
| Other Income | 5.1M | 2.7M | 3.0M | 2.5M | 1.5M |
| Income Before Tax | 125.0M | 141.0M | 101.0M | 90.8M | 102.0M |
| Income Tax | 13.8M | 18.3M | 13.0M | 11.1M | 12.8M |
| Net Income | 112.0M | 122.0M | 88.0M | 79.8M | 89.5M |
| Net Margin % | 12.7% | 14.9% | 13.8% | 16.0% | 19.2% |
| Net Income Attributable | 112.0M | 122.0M | 91.1M | 82.0M | 89.5M |
| Minority Interest | -- | -- | -3.1M | -2.3M | -- |
| Eps Basic | 0.60 | 0.65 | 0.49 | 0.61 | 0.67 |
| Eps Diluted | 0.60 | 0.65 | 0.48 | 0.61 | 0.67 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 339.0M | 340.0M | 556.0M | 474.0M | 179.0M |
| Trading Financial Assets | 260.0M | 191.0M | -- | -- | 363.0M |
| Accounts Receivable | 71.0M | 84.8M | 66.6M | 48.8M | 33.0M |
| Notes Receivable | -- | 1.8M | 362,200 | 639,100 | 227,600 |
| Notes And Accounts Receivable | 71.0M | 86.5M | 67.0M | 49.4M | 33.2M |
| Prepayments | 6.3M | 7.8M | 6.8M | 6.6M | 9.3M |
| Inventory | 169.0M | 177.0M | 157.0M | 138.0M | 138.0M |
| Total Current Assets | 890.0M | 860.0M | 791.0M | 672.0M | 726.0M |
| Fixed Assets | 412.0M | 408.0M | 405.0M | 394.0M | 294.0M |
| Fixed Assets Total | 412.0M | 408.0M | 405.0M | 394.0M | 294.0M |
| Construction In Progress | 49,200 | 214,100 | 3.5M | 26.8M | 92.8M |
| Construction In Progress Total | 49,200 | 214,100 | 3.5M | 26.8M | 92.8M |
| Intangible Assets | 30.9M | 32.1M | 33.1M | 33.9M | 34.7M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 583.0M | 525.0M | 510.0M | 548.0M | 433.0M |
| Total Assets | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B |
| Accounts Payable | 33.8M | 35.0M | 28.3M | 36.4M | 41.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 17.4M | 15.9M | 18.6M | 21.8M | 19.9M |
| Total Current Liabilities | 117.0M | 96.8M | 92.5M | 78.6M | 78.1M |
| Total Non Current Liabilities | 8.5M | 11.2M | 7.9M | 7.5M | 4.5M |
| Total Liabilities | 126.0M | 108.0M | 100.0M | 86.0M | 82.6M |
| Paid In Capital | 191.0M | 192.0M | 137.0M | 134.0M | 96.0M |
| Capital Reserve | 564.0M | 567.0M | 616.0M | 598.0M | 636.0M |
| Surplus Reserve | 83.4M | 71.8M | 60.9M | 51.0M | 42.6M |
| Retained Earnings | 541.0M | 488.0M | 403.0M | 349.0M | 302.0M |
| Minority Equity | -- | -- | -- | 673,900 | -- |
| Equity Attributable | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Total Equity | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 772.0M | 693.0M | 592.0M | 494.0M | 480.0M |
| Tax Refunds Received | 18.7M | 20.2M | 12.6M | 17.6M | 32.0M |
| Total Operating Cash Inflow | 803.0M | 731.0M | 624.0M | 527.0M | 521.0M |
| Cash Paid For Goods | 402.0M | 420.0M | 356.0M | 296.0M | 317.0M |
| Cash Paid To Employees | 110.0M | 124.0M | 111.0M | 88.1M | 76.5M |
| Taxes Paid | 27.2M | 22.7M | 15.8M | 13.1M | 17.3M |
| Total Operating Cash Outflow | 606.0M | 588.0M | 518.0M | 425.0M | 444.0M |
| Operating Cash Flow | 197.0M | 143.0M | 106.0M | 101.0M | 76.8M |
| Total Investing Cash Inflow | 404.0M | 103.0M | 39.0M | 398.0M | 695.0M |
| Total Investing Cash Outflow | 561.0M | 420.0M | 57.0M | 179.0M | 1.2B |
| Investing Cash Flow | -157.0M | -317.0M | -18.0M | 220.0M | -486.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 47.1M | 27.4M | 26.9M | 26.9M | 24.0M |
| Debt Repayments | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 25.7M | -- | 16.9M | 3.0M | -- |
| Total Financing Cash Outflow | 50.4M | 57.7M | 26.9M | 26.9M | 47.6M |
| Financing Cash Flow | -24.7M | -57.7M | -10.0M | -23.9M | -47.6M |
| Net Change In Cash | 3.8M | -227.0M | 82.5M | 306.0M | -459.0M |
| Ending Cash Balance | 330.0M | 326.0M | 553.0M | 471.0M | 165.0M |
| Capex | 22.4M | 77.4M | 53.6M | 72.9M | 141.0M |