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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5B | 2.1B | 1.9B | 1.7B | 1.3B | 1.3B | 1.2B | 1.1B |
| Revenue Growth % | 19.2% | 12.1% | 10.8% | 35.1% | 0.0% | 4.7% | 10.6% | -- |
| Total Revenue | 2.5B | 2.1B | 1.9B | 1.7B | 1.3B | 1.3B | 1.2B | 1.1B |
| Cost Of Revenue | 2.2B | 1.8B | 1.7B | 1.4B | 1.0B | 998.0M | 964.0M | 840.0M |
| Gross Profit | 340.0M | 286.0M | 244.0M | 296.0M | 262.0M | 271.0M | 248.0M | 256.0M |
| Gross Margin % | 13.4% | 13.4% | 12.8% | 17.3% | 20.6% | 21.4% | 20.5% | 23.4% |
| Total Operating Cost | 2.5B | 2.1B | 1.8B | 1.6B | 1.1B | 1.2B | 1.1B | 986.0M |
| Selling Expenses | 60.6M | 54.9M | 45.7M | 44.4M | 33.5M | 55.1M | 49.0M | 38.6M |
| Admin Expenses | 109.0M | 85.3M | 65.6M | 63.2M | 54.5M | 55.1M | 57.4M | 50.6M |
| Rd Expenses | 92.8M | 92.5M | 65.7M | 60.0M | 43.2M | 44.8M | 44.3M | 40.1M |
| Finance Expenses | 16.4M | 3.8M | -8.7M | 757,500 | 4.3M | 3.0M | 3.8M | 6.7M |
| Operating Income | 149.0M | 65.5M | 77.8M | 140.0M | 131.0M | 119.0M | 98.8M | 112.0M |
| Operating Margin % | 5.9% | 3.1% | 4.1% | 8.2% | 10.3% | 9.4% | 8.2% | 10.2% |
| Non Operating Income | 911,900 | 901,700 | 153,600 | 5.2M | 12.1M | 952,500 | 984,400 | 247,500 |
| Non Operating Expenses | 554,600 | 562,700 | 981,000 | 2.7M | 7.9M | 1.6M | 9.5M | 795,600 |
| Investment Income | -1.6M | 1.1M | -177,700 | 3.4M | 2.1M | -524,000 | 98,600 | 180,700 |
| Fair Value Change Income | -1.6M | 127,700 | 48,800 | 5.2M | -164,500 | 653,600 | -134,800 | -- |
| Asset Disposal Income | 102.0M | 97,400 | -- | -51,400 | -- | 83,200 | -- | -- |
| Asset Impairment Loss | 8.9M | 4.0M | 3.4M | 1.7M | 448,300 | 363,500 | 3.2M | 3.5M |
| Other Income | 18.2M | 32.4M | 11.4M | 14.4M | 9.1M | 10.0M | 15.1M | 1.4M |
| Income Before Tax | 150.0M | 65.8M | 76.9M | 142.0M | 136.0M | 118.0M | 90.3M | 112.0M |
| Income Tax | 27.6M | -2.8M | 1.5M | 14.4M | 15.9M | 15.6M | 16.5M | 27.6M |
| Net Income | 122.0M | 68.6M | 75.4M | 128.0M | 120.0M | 103.0M | 73.9M | 84.2M |
| Net Margin % | 4.8% | 3.2% | 4.0% | 7.5% | 9.5% | 8.1% | 6.1% | 7.7% |
| Net Income Attributable | 139.0M | 70.1M | 75.5M | 127.0M | 120.0M | 103.0M | 73.9M | 84.2M |
| Minority Interest | -17.3M | -1.5M | -83,800 | 364,400 | -680,000 | -- | -- | -- |
| Eps Basic | 0.75 | 0.40 | 0.43 | 0.82 | 1.34 | 1.14 | 0.82 | 1.05 |
| Eps Diluted | 0.72 | 0.39 | 0.43 | 0.82 | 1.34 | 1.14 | 0.82 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 335.0M | 534.0M | 440.0M | 277.0M | 152.0M | 88.2M | 98.5M | 104.0M |
| Trading Financial Assets | 100.0M | 20.5M | 30.5M | 306.0M | 357,000 | 704,000 | -- | -- |
| Accounts Receivable | 518.0M | 362.0M | 289.0M | 280.0M | 220.0M | 189.0M | 203.0M | 186.0M |
| Notes Receivable | -- | -- | -- | 60.4M | 35.7M | -- | 6.6M | 10.8M |
| Notes And Accounts Receivable | 518.0M | 362.0M | 289.0M | 340.0M | 255.0M | 189.0M | 210.0M | 197.0M |
| Prepayments | 27.1M | 22.3M | 17.8M | 31.4M | 17.4M | 12.7M | 9.0M | 10.1M |
| Inventory | 256.0M | 200.0M | 127.0M | 166.0M | 122.0M | 93.2M | 66.3M | 63.7M |
| Total Current Assets | 1.5B | 1.4B | 1.1B | 1.2B | 570.0M | 416.0M | 415.0M | 408.0M |
| Long Term Equity Investment | 10.1M | 9.9M | 12.2M | 2.1M | -- | -- | -- | -- |
| Fixed Assets | -- | 732.0M | 223.0M | 197.0M | 195.0M | 194.0M | 170.0M | -- |
| Fixed Assets Total | 1.2B | 732.0M | 223.0M | 197.0M | 195.0M | 194.0M | 170.0M | 190.0M |
| Construction In Progress | -- | 469.0M | 305.0M | 87.6M | 6.6M | 14.7M | 9.9M | -- |
| Construction In Progress Total | 644.0M | 469.0M | 305.0M | 87.6M | 6.6M | 14.7M | 9.9M | 4.4M |
| Intangible Assets | 124.0M | 126.0M | 83.0M | 68.3M | 33.3M | 16.9M | 17.7M | 19.0M |
| Long Term Deferred Expenses | 6.3M | 3.3M | 2.3M | 1.7M | 831,300 | 2.4M | 4.3M | 2.2M |
| Total Non Current Assets | 2.0B | 1.5B | 799.0M | 408.0M | 243.0M | 231.0M | 211.0M | 221.0M |
| Total Assets | 3.5B | 2.9B | 1.9B | 1.6B | 813.0M | 647.0M | 626.0M | 629.0M |
| Short Term Borrowings | 462.0M | 214.0M | 75.1M | 10.0M | 48.9M | 47.6M | 61.9M | 44.8M |
| Accounts Payable | 274.0M | 217.0M | 111.0M | 105.0M | 114.0M | 115.0M | 99.1M | 93.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 9.4M | 5.5M | 7.1M |
| Contract Liabilities | 35.0M | 4.7M | 4.7M | 6.1M | 1.6M | -- | -- | -- |
| Total Current Liabilities | 1.4B | 1.1B | 573.0M | 499.0M | 382.0M | 277.0M | 340.0M | 362.0M |
| Long Term Borrowings | 435.0M | 231.0M | 170.0M | -- | -- | -- | -- | 5.0M |
| Total Non Current Liabilities | 625.0M | 502.0M | 178.0M | 7.1M | 2.5M | 3.1M | 3.4M | 8.6M |
| Total Liabilities | 2.0B | 1.6B | 751.0M | 506.0M | 385.0M | 280.0M | 343.0M | 370.0M |
| Paid In Capital | 195.0M | 188.0M | 177.0M | 122.0M | 90.0M | 90.0M | 90.0M | 80.0M |
| Capital Reserve | 833.0M | 729.0M | 593.0M | 644.0M | 117.0M | 117.0M | 117.0M | 39.3M |
| Surplus Reserve | 78.3M | 61.1M | 53.8M | 45.2M | 33.2M | 21.9M | 7.8M | 11.2M |
| Retained Earnings | 343.0M | 277.0M | 249.0M | 243.0M | 188.0M | 139.0M | 68.0M | 128.0M |
| Minority Equity | 77.1M | 63.4M | 62.8M | 60.4M | 300,000 | -- | -- | -- |
| Equity Attributable | 1.4B | 1.3B | 1.0B | 1.0B | 428.0M | 367.0M | 283.0M | 259.0M |
| Total Equity | 1.5B | 1.3B | 1.1B | 1.1B | 428.0M | 367.0M | 283.0M | 259.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.7B | 2.1B | 1.9B | 1.8B | 1.2B | 1.3B | 1.2B | 1.1B |
| Tax Refunds Received | 87.5M | 43.6M | 38.9M | 11.1M | 7.8M | 9.9M | 9.8M | 7.5M |
| Total Operating Cash Inflow | 2.8B | 2.2B | 2.0B | 1.8B | 1.2B | 1.3B | 1.3B | 1.2B |
| Cash Paid For Goods | 2.3B | 1.7B | 1.6B | 1.4B | 823.0M | 931.0M | 928.0M | 853.0M |
| Cash Paid To Employees | 259.0M | 193.0M | 174.0M | 160.0M | 122.0M | 116.0M | 107.0M | 88.5M |
| Taxes Paid | 60.8M | 36.7M | 49.4M | 48.6M | 21.2M | 45.6M | 70.6M | 65.2M |
| Total Operating Cash Outflow | 2.8B | 2.1B | 1.9B | 1.7B | 1.1B | 1.2B | 1.2B | 1.1B |
| Operating Cash Flow | -7.0M | 88.3M | 20.0M | 103.0M | 170.0M | 146.0M | 71.5M | 54.6M |
| Total Investing Cash Inflow | 375.0M | 122.0M | 595.0M | 207.0M | 18.6M | 54.1M | 25.2M | 16.1M |
| Total Investing Cash Outflow | 1.1B | 725.0M | 644.0M | 692.0M | 60.3M | 98.8M | 48.8M | 52.4M |
| Investing Cash Flow | -700.0M | -603.0M | -48.7M | -485.0M | -41.6M | -44.7M | -23.6M | -36.3M |
| Cash From Borrowings | 973.0M | 870.0M | 329.0M | 10.0M | 78.1M | 61.8M | 95.0M | 81.8M |
| Dividends And Interest Paid | 64.9M | 53.6M | 66.8M | 61.0M | 62.4M | 59.0M | 15.0M | 2.9M |
| Debt Repayments | 428.0M | 228.0M | 20.0M | 48.8M | 76.8M | 81.2M | 81.9M | 77.0M |
| Total Financing Cash Inflow | 986.0M | 898.0M | 336.0M | 596.0M | 79.1M | 61.8M | 95.0M | 151.0M |
| Total Financing Cash Outflow | 540.0M | 310.0M | 96.8M | 144.0M | 139.0M | 170.0M | 153.0M | 119.0M |
| Financing Cash Flow | 446.0M | 588.0M | 239.0M | 451.0M | -60.1M | -108.0M | -57.5M | 31.9M |
| Net Change In Cash | -258.0M | 75.1M | 207.0M | 68.7M | 67.3M | -7.9M | -8.5M | 48.9M |
| Ending Cash Balance | 215.0M | 473.0M | 398.0M | 191.0M | 123.0M | 55.2M | 63.2M | 71.6M |
| Capex | 705.0M | 672.0M | 354.0M | 140.0M | 46.8M | 55.3M | 33.5M | 27.5M |