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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8B | 2.6B | 2.4B | 2.3B | 1.9B | 2.0B | 1.8B | 1.5B | 1.3B |
| Revenue Growth % | 4.1% | 8.6% | 5.1% | 19.0% | -2.5% | 13.8% | 15.8% | 20.9% | -- |
| Total Revenue | 2.8B | 2.6B | 2.4B | 2.3B | 1.9B | 2.0B | 1.8B | 1.5B | 1.3B |
| Cost Of Revenue | 2.0B | 1.8B | 1.7B | 1.6B | 1.3B | 1.2B | 1.1B | 927.0M | 762.0M |
| Gross Profit | 785.0M | 807.0M | 718.0M | 719.0M | 671.0M | 784.0M | 693.0M | 589.0M | 492.0M |
| Gross Margin % | 28.5% | 30.5% | 29.5% | 31.0% | 34.5% | 39.3% | 39.5% | 38.9% | 39.2% |
| Total Operating Cost | 2.7B | 2.6B | 2.6B | 2.3B | 1.8B | 1.8B | 1.6B | 1.4B | 1.1B |
| Selling Expenses | 506.0M | 540.0M | 622.0M | 523.0M | 387.0M | 432.0M | 364.0M | 282.0M | 200.0M |
| Admin Expenses | 145.0M | 149.0M | 143.0M | 132.0M | 105.0M | 108.0M | 98.2M | 103.0M | 70.7M |
| Rd Expenses | 55.9M | 49.4M | 47.6M | 44.8M | 41.6M | 41.2M | 38.1M | 37.1M | 34.0M |
| Finance Expenses | 16.2M | 17.5M | 21.9M | 5.2M | -6.0M | -8.1M | -5.6M | -1.2M | 1.5M |
| Operating Income | 46.4M | 34.5M | -143.0M | 18.2M | 170.0M | 220.0M | 195.0M | 159.0M | 172.0M |
| Operating Margin % | 1.7% | 1.3% | -5.9% | 0.8% | 8.7% | 11.0% | 11.1% | 10.5% | 13.7% |
| Non Operating Income | 309,000 | 561,400 | 1.2M | 671,100 | 2.4M | 1.7M | 849,400 | 680,200 | 8.3M |
| Non Operating Expenses | 7.3M | 9.0M | 28.2M | 8.8M | 23.7M | 9.5M | 3.2M | 5.3M | 2.0M |
| Investment Income | -1.1M | -582,900 | -2.1M | -644,900 | 122,500 | -- | 1,918 | 576,000 | -- |
| Asset Disposal Income | -9.1M | -4.8M | -9.8M | -4.8M | -1.7M | -3.0M | -2.2M | -3.0M | -2.0M |
| Asset Impairment Loss | 3.0M | 5.1M | 8.0M | 973,600 | 675,100 | 699,200 | 1.7M | 2.2M | 735,800 |
| Other Income | 24.8M | 19.6M | 19.8M | 27.9M | 44.8M | 27.8M | 13.7M | 8.5M | -- |
| Income Before Tax | 39.4M | 26.1M | -170.0M | 10.1M | 149.0M | 212.0M | 192.0M | 154.0M | 178.0M |
| Income Tax | 10.4M | 3.8M | -40.5M | -10.1M | 16.6M | 38.4M | 35.0M | 34.7M | 29.1M |
| Net Income | 28.9M | 22.2M | -129.0M | 20.3M | 132.0M | 174.0M | 157.0M | 120.0M | 149.0M |
| Net Margin % | 1.1% | 0.8% | -5.3% | 0.9% | 6.8% | 8.7% | 8.9% | 7.9% | 11.9% |
| Net Income Attributable | 28.9M | 22.2M | -129.0M | 20.3M | 132.0M | 174.0M | 157.0M | 120.0M | 149.0M |
| Eps Basic | 0.07 | 0.06 | -0.32 | 0.05 | 0.39 | 0.51 | 0.46 | 0.36 | 0.47 |
| Eps Diluted | 0.07 | 0.06 | -0.32 | 0.05 | 0.39 | 0.51 | 0.46 | 0.36 | 0.47 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 373.0M | 356.0M | 312.0M | 297.0M | 837.0M | 288.0M | 308.0M | 233.0M | 128.0M |
| Accounts Receivable | 177.0M | 126.0M | 98.3M | 79.2M | 51.6M | 37.3M | 40.7M | 31.3M | 25.9M |
| Notes Receivable | -- | 374,500 | 350,000 | 200,000 | -- | 2.3M | 2.4M | 5.0M | 3.4M |
| Notes And Accounts Receivable | 177.0M | 127.0M | 98.6M | 79.4M | 51.6M | 39.6M | 43.1M | 36.3M | 29.3M |
| Prepayments | 33.3M | 47.8M | 22.7M | 28.8M | 16.6M | 11.2M | 9.0M | 4.8M | 8.9M |
| Inventory | 124.0M | 123.0M | 127.0M | 97.1M | 62.9M | 59.6M | 48.5M | 38.4M | 38.7M |
| Total Current Assets | 735.0M | 678.0M | 607.0M | 580.0M | 1.1B | 472.0M | 451.0M | 355.0M | 246.0M |
| Fixed Assets | -- | 1.4B | 1.5B | 1.4B | 710.0M | 479.0M | 400.0M | 395.0M | -- |
| Fixed Assets Total | 1.3B | 1.4B | 1.5B | 1.4B | 710.0M | 479.0M | 400.0M | 395.0M | 376.0M |
| Construction In Progress | -- | 42.9M | 19.0M | 113.0M | 447.0M | 297.0M | 51.5M | 17.4M | -- |
| Construction In Progress Total | 51.6M | 42.9M | 19.0M | 113.0M | 447.0M | 297.0M | 51.5M | 17.4M | 10.0M |
| Intangible Assets | 181.0M | 132.0M | 123.0M | 123.0M | 60.9M | 47.9M | 46.4M | 37.8M | 25.3M |
| Long Term Deferred Expenses | 23.2M | 22.1M | 33.6M | 63.0M | 29.3M | 20.6M | 19.5M | 24.4M | 19.3M |
| Total Non Current Assets | 2.0B | 2.0B | 2.0B | 2.2B | 1.3B | 918.0M | 565.0M | 516.0M | 467.0M |
| Total Assets | 2.8B | 2.7B | 2.6B | 2.8B | 2.4B | 1.4B | 1.0B | 870.0M | 713.0M |
| Short Term Borrowings | 374.0M | 267.0M | 219.0M | 296.0M | 178.0M | 56.1M | 20.0M | 10.0M | 30.0M |
| Accounts Payable | 347.0M | 334.0M | 296.0M | 333.0M | 194.0M | 177.0M | 150.0M | 143.0M | 150.0M |
| Advance Receipts | 487,500 | 578,200 | 441,000 | 406,100 | 303,800 | 221.0M | 196.0M | 191.0M | 133.0M |
| Contract Liabilities | 339.0M | 338.0M | 325.0M | 267.0M | 236.0M | -- | -- | -- | -- |
| Total Current Liabilities | 1.5B | 1.4B | 1.3B | 1.3B | 794.0M | 594.0M | 506.0M | 460.0M | 418.0M |
| Long Term Borrowings | 27.4M | 145.0M | 176.0M | 128.0M | 310.0M | 109.0M | 1.0M | -- | -- |
| Total Non Current Liabilities | 166.0M | 257.0M | 270.0M | 293.0M | 331.0M | 135.0M | 21.9M | 11.6M | 4.2M |
| Total Liabilities | 1.7B | 1.6B | 1.6B | 1.6B | 1.1B | 729.0M | 528.0M | 471.0M | 422.0M |
| Paid In Capital | 401.0M | 401.0M | 401.0M | 401.0M | 401.0M | 340.0M | 340.0M | 225.0M | 110.0M |
| Capital Reserve | 461.0M | 461.0M | 461.0M | 461.0M | 461.0M | 25.8M | 25.8M | 25.8M | 11.9M |
| Surplus Reserve | 102.0M | 99.2M | 93.1M | 87.0M | 74.9M | 58.4M | 47.4M | 32.2M | 21.0M |
| Retained Earnings | 130.0M | 137.0M | 121.0M | 262.0M | 352.0M | 236.0M | 72.7M | 115.0M | 147.0M |
| Equity Attributable | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 661.0M | 487.0M | 399.0M | 290.0M |
| Total Equity | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 661.0M | 487.0M | 399.0M | 290.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.8B | 2.8B | 2.7B | 2.5B | 2.1B | 2.2B | 2.0B | 1.8B | 1.5B |
| Tax Refunds Received | 134,400 | 4.4M | 249,500 | 28.9M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.9B | 2.9B | 2.7B | 2.6B | 2.2B | 2.3B | 2.0B | 1.8B | 1.5B |
| Cash Paid For Goods | 1.7B | 1.7B | 1.5B | 1.5B | 1.3B | 1.2B | 1.1B | 969.0M | 778.0M |
| Cash Paid To Employees | 509.0M | 489.0M | 519.0M | 468.0M | 377.0M | 352.0M | 293.0M | 236.0M | 188.0M |
| Taxes Paid | 129.0M | 121.0M | 144.0M | 100.0M | 109.0M | 134.0M | 139.0M | 134.0M | 126.0M |
| Total Operating Cash Outflow | 2.6B | 2.6B | 2.4B | 2.3B | 2.0B | 2.0B | 1.8B | 1.6B | 1.3B |
| Operating Cash Flow | 359.0M | 300.0M | 325.0M | 371.0M | 210.0M | 298.0M | 266.0M | 231.0M | 217.0M |
| Total Investing Cash Inflow | 49.8M | 6.7M | 25.1M | 7.9M | 12.4M | 8.4M | 11.3M | 21.3M | 2.8M |
| Total Investing Cash Outflow | 260.0M | 193.0M | 261.0M | 604.0M | 509.0M | 458.0M | 150.0M | 139.0M | 98.8M |
| Investing Cash Flow | -210.0M | -186.0M | -236.0M | -596.0M | -497.0M | -450.0M | -139.0M | -117.0M | -96.0M |
| Cash From Borrowings | 424.0M | 437.0M | 526.0M | 422.0M | 419.0M | 303.0M | 94.5M | 10.0M | 52.0M |
| Dividends And Interest Paid | 43.4M | 14.2M | 25.4M | 108.0M | 16.0M | 16.9M | 57.4M | 65.3M | 2.4M |
| Debt Repayments | 459.0M | 446.0M | 475.0M | 496.0M | 88.4M | 157.0M | 83.5M | 30.0M | 101.0M |
| Total Financing Cash Inflow | 442.0M | 444.0M | 552.0M | 441.0M | 939.0M | 303.0M | 104.0M | 50.4M | 52.6M |
| Total Financing Cash Outflow | 584.0M | 572.0M | 644.0M | 771.0M | 123.0M | 174.0M | 143.0M | 107.0M | 118.0M |
| Financing Cash Flow | -142.0M | -128.0M | -92.1M | -330.0M | 816.0M | 129.0M | -38.4M | -56.9M | -65.7M |
| Net Change In Cash | 7.5M | -14.0M | -3.3M | -555.0M | 529.0M | -24.0M | 88.8M | 56.5M | 55.4M |
| Ending Cash Balance | 174.0M | 167.0M | 181.0M | 184.0M | 739.0M | 209.0M | 233.0M | 145.0M | 88.1M |
| Capex | 220.0M | 193.0M | 261.0M | 604.0M | 509.0M | 455.0M | 148.0M | 116.0M | 59.1M |