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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.6B | 2.8B | 4.3B | 3.1B | 1.6B | 1.3B | 1.0B | 873.0M | 466.0M | 447.0M | 680.0M | 663.0M | 625.0M | 543.0M |
| Revenue Growth % | 26.7% | -35.3% | 40.9% | 92.9% | 23.4% | 27.2% | 16.6% | 87.3% | 4.3% | -34.3% | 2.6% | 6.1% | 15.1% | -- |
| Total Revenue | 3.6B | 2.8B | 4.3B | 3.1B | 1.6B | 1.3B | 1.0B | 873.0M | 466.0M | 447.0M | 680.0M | 663.0M | 625.0M | 543.0M |
| Cost Of Revenue | 3.3B | 2.6B | 3.8B | 2.8B | 1.4B | 1.0B | 858.0M | 786.0M | 392.0M | 429.0M | 619.0M | 562.0M | 548.0M | 504.0M |
| Gross Profit | 253.0M | 217.0M | 510.0M | 327.0M | 245.0M | 259.0M | 160.0M | 87.0M | 74.0M | 18.0M | 61.0M | 101.0M | 77.0M | 39.0M |
| Gross Margin % | 7.1% | 7.7% | 11.7% | 10.6% | 15.3% | 20.0% | 15.7% | 10.0% | 15.9% | 4.0% | 9.0% | 15.2% | 12.3% | 7.2% |
| Total Operating Cost | 3.6B | 2.8B | 4.1B | 2.9B | 1.5B | 1.2B | 965.0M | 902.0M | 458.0M | 491.0M | 722.0M | 639.0M | 617.0M | 557.0M |
| Selling Expenses | 77.4M | 41.0M | 26.5M | 17.9M | 9.4M | 36.6M | 28.0M | 20.5M | 13.9M | 11.3M | 14.3M | 20.2M | 18.4M | 12.0M |
| Admin Expenses | 55.7M | 47.6M | 35.5M | 31.7M | 25.6M | 23.0M | 16.8M | 16.6M | 14.4M | 40.5M | 50.5M | 44.3M | 35.4M | 30.5M |
| Rd Expenses | 121.0M | 149.0M | 201.0M | 126.0M | 73.0M | 60.9M | 47.7M | 38.6M | 26.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -42.1M | -42.5M | -76.3M | -19.3M | 14.3M | -2.9M | -1.4M | 10.4M | -891,900 | 955,500 | 2.7M | 3.6M | 4.9M | 3.7M |
| Operating Income | 154.0M | 78.6M | 448.0M | 363.0M | 258.0M | 220.0M | 140.0M | 61.6M | 8.2M | -44.2M | -42.3M | 23.7M | 8.7M | -14.4M |
| Operating Margin % | 4.3% | 2.8% | 10.3% | 11.8% | 16.1% | 17.0% | 13.8% | 7.1% | 1.8% | -9.9% | -6.2% | 3.6% | 1.4% | -2.7% |
| Non Operating Income | 3,700 | 17,800 | 36,300 | 89,100 | 0.00 | 23,300 | 29,400 | 384,800 | 43.7M | 47.1M | 90.9M | 82.8M | 83.8M | 81.4M |
| Non Operating Expenses | 1.8M | 1.8M | 960,100 | 952,600 | 9.2M | 488,800 | 764,600 | 270,900 | 134,200 | 84,100 | 443,800 | 259,000 | 386,400 | 250,400 |
| Investment Income | 1.3M | -44.1M | -51.1M | 13.1M | 38.5M | -4.0M | -9.2M | -- | -- | -- | -- | -- | -- | 73,900 |
| Fair Value Change Income | 737,100 | 277,000 | 610,900 | 4.6M | 8.9M | 5.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -573,000 | -32,500 | -- | -14,600 | 745,900 | 11,900 | -- | 26,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 22.7M | 23.9M | 40.4M | -35,300 | 377,400 | 3.9M | -413,400 | 13.9M | 3.5M | 3.1M | 25.8M | -430,600 | 395,700 | -1.2M |
| Other Income | 168.0M | 156.0M | 263.0M | 210.0M | 105.0M | 95.4M | 96.3M | 90.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 152.0M | 76.8M | 447.0M | 362.0M | 249.0M | 219.0M | 139.0M | 61.7M | 51.8M | 2.8M | 48.2M | 106.0M | 92.1M | 66.7M |
| Income Tax | 3.2M | -1.8M | -4.3M | 16.9M | 6.8M | 3.8M | 5.6M | -3.1M | 1.3M | -5.6M | -2.3M | 6.9M | 5.4M | 2.7M |
| Net Income | 149.0M | 78.6M | 452.0M | 345.0M | 242.0M | 216.0M | 134.0M | 64.8M | 50.5M | 8.4M | 50.5M | 99.3M | 86.7M | 64.0M |
| Net Margin % | 4.2% | 2.8% | 10.4% | 11.2% | 15.1% | 16.7% | 13.2% | 7.4% | 10.8% | 1.9% | 7.4% | 15.0% | 13.9% | 11.8% |
| Net Income Attributable | 149.0M | 78.6M | 452.0M | 345.0M | 242.0M | 216.0M | 134.0M | 64.8M | 50.5M | 8.4M | 50.5M | 99.3M | 86.7M | 64.0M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 11,500 |
| Eps Basic | 1.24 | 0.66 | 3.76 | 2.87 | 2.02 | 2.33 | 1.49 | 0.73 | 0.56 | 0.09 | 0.56 | 1.10 | 0.96 | 0.71 |
| Eps Diluted | -- | -- | -- | -- | -- | -- | 1.49 | -- | -- | -- | -- | -- | -- | -- |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 264.0M | 274.0M | 723.0M | 325.0M | 300.0M | 337.0M | 224.0M | 62.0M | 123.0M | 81.3M | 129.0M | 111.0M | 55.6M | 35.6M |
| Trading Financial Assets | 276.0M | 24.8M | 39.5M | 160.0M | 510.0M | 1.1B | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 46.7M | 3.5M | 1.1M | 258.0M | 77.9M | 37.8M | 64,700 | 109.0M | 27.1M | 1.5M | 1.3M | 3.5M | 11.4M | 4.3M |
| Notes Receivable | 1.8M | 3.0M | 7.1M | 4.3M | 3.1M | 4.7M | 24.1M | 22.4M | 18.5M | 30.6M | 49.7M | 53.9M | 46.8M | 59.3M |
| Notes And Accounts Receivable | 48.5M | 6.5M | 8.2M | 262.0M | 81.0M | 42.5M | 24.2M | 132.0M | 45.6M | 32.1M | 51.0M | 57.4M | 58.2M | 63.7M |
| Prepayments | 8.3M | 11.4M | 6.6M | 20.1M | 8.5M | 8.3M | 4.3M | 1.3M | 3.1M | 1.5M | 1.5M | 6.4M | 3.5M | 2.7M |
| Inventory | 953.0M | 930.0M | 473.0M | 441.0M | 202.0M | 223.0M | 194.0M | 165.0M | 117.0M | 88.7M | 64.5M | 70.6M | 62.5M | 38.3M |
| Total Current Assets | 1.9B | 1.3B | 1.9B | 1.2B | 1.1B | 1.7B | 460.0M | 378.0M | 298.0M | 206.0M | 277.0M | 274.0M | 197.0M | 159.0M |
| Long Term Equity Investment | 2.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 635.0M | 657.0M | 533.0M | 217.0M | 284.0M | 261.0M | -- | -- | 143.0M | 154.0M | 159.0M | 154.0M | 158.0M |
| Fixed Assets Total | 574.0M | 635.0M | 657.0M | 533.0M | 217.0M | 284.0M | 261.0M | 216.0M | 168.0M | 143.0M | 154.0M | 159.0M | 154.0M | 158.0M |
| Construction In Progress | -- | 89.9M | 30.8M | 28.2M | 287.0M | 63.1M | 45.5M | -- | -- | 83.7M | 62.7M | 33.7M | 24.7M | 25.1M |
| Construction In Progress Total | 292.0M | 89.9M | 30.8M | 28.2M | 287.0M | 63.3M | 47.0M | 52.2M | 92.2M | 84.5M | 63.0M | 34.1M | 24.8M | 25.2M |
| Intangible Assets | 97.1M | 100.0M | 103.0M | 50.8M | 50.5M | 50.6M | 33.2M | 33.6M | 34.4M | 22.7M | 23.0M | 23.5M | 24.0M | 10.6M |
| Total Non Current Assets | 1.7B | 1.7B | 1.1B | 1.3B | 1.2B | 419.0M | 358.0M | 316.0M | 305.0M | 268.0M | 247.0M | 222.0M | 204.0M | 196.0M |
| Total Assets | 3.6B | 3.1B | 3.0B | 2.6B | 2.3B | 2.1B | 818.0M | 694.0M | 603.0M | 475.0M | 525.0M | 496.0M | 401.0M | 356.0M |
| Short Term Borrowings | 197.0M | -- | 54.2M | -- | -- | -- | 35.0M | 35.0M | 9.0M | 9.0M | 63.0M | 64.0M | 70.1M | 68.0M |
| Accounts Payable | 47.8M | 35.4M | 54.7M | 14.9M | 13.7M | 13.5M | 10.9M | 6.6M | 7.2M | 5.5M | 4.7M | 4.7M | 4.8M | 10.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.2M | 5.0M | 881,100 | 2.4M | 1.2M | 1.8M | 4.8M | 6.4M | 5.3M |
| Contract Liabilities | 2.5M | 1.4M | 1.5M | 3.4M | 1.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 395.0M | 96.1M | 147.0M | 78.7M | 48.7M | 42.5M | 149.0M | 71.5M | 43.9M | 30.4M | 88.7M | 88.4M | 92.0M | 112.0M |
| Long Term Borrowings | 326.0M | 240.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 378.0M | 290.0M | 54.7M | 23.8M | 13.8M | 15.1M | 17.1M | 85.0M | 86.6M | 21.8M | 22.0M | 23.3M | 24.1M | 23.3M |
| Total Liabilities | 774.0M | 386.0M | 202.0M | 102.0M | 62.5M | 57.6M | 167.0M | 157.0M | 131.0M | 52.2M | 111.0M | 112.0M | 116.0M | 135.0M |
| Paid In Capital | 120.0M | 120.0M | 120.0M | 120.0M | 120.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M |
| Capital Reserve | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 88.2M | 88.2M | 88.2M | 88.2M | 88.2M | 88.2M | 88.2M | 88.2M |
| Surplus Reserve | 61.2M | 61.2M | 61.2M | 61.2M | 61.2M | 50.9M | 34.2M | 25.5M | 21.3M | 15.8M | 14.3M | 12.1M | 7.1M | 2.4M |
| Retained Earnings | 1.4B | 1.2B | 1.3B | 1.0B | 783.0M | 638.0M | 439.0M | 334.0M | 273.0M | 228.0M | 221.0M | 194.0M | 99.4M | 39.9M |
| Equity Attributable | 2.8B | 2.7B | 2.8B | 2.5B | 2.2B | 2.1B | 651.0M | 538.0M | 473.0M | 422.0M | 414.0M | 384.0M | 285.0M | 221.0M |
| Total Equity | 2.8B | 2.7B | 2.8B | 2.5B | 2.2B | 2.1B | 651.0M | 538.0M | 473.0M | 422.0M | 414.0M | 384.0M | 285.0M | 221.0M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.6B | 3.1B | 5.1B | 3.3B | 1.7B | 1.5B | 1.3B | 964.0M | 530.0M | 539.0M | 795.0M | 770.0M | 732.0M | 603.0M |
| Tax Refunds Received | 123.0M | 127.0M | 241.0M | 189.0M | 97.9M | 83.4M | 97.5M | 75.8M | 36.3M | 73.3M | 86.3M | 65.6M | 85.0M | 83.7M |
| Total Operating Cash Inflow | 3.7B | 3.3B | 5.3B | 3.5B | 1.8B | 1.6B | 1.4B | 1.0B | 579.0M | 615.0M | 888.0M | 839.0M | 820.0M | 699.0M |
| Cash Paid For Goods | 3.1B | 3.1B | 3.9B | 3.0B | 1.3B | 1.1B | 922.0M | 873.0M | 411.0M | 450.0M | 632.0M | 596.0M | 584.0M | 513.0M |
| Cash Paid To Employees | 80.2M | 80.6M | 76.9M | 63.8M | 44.5M | 40.0M | 34.9M | 29.5M | 25.1M | 26.2M | 27.4M | 22.1M | 16.3M | 11.8M |
| Taxes Paid | 241.0M | 252.0M | 436.0M | 324.0M | 151.0M | 151.0M | 158.0M | 136.0M | 63.4M | 67.1M | 108.0M | 96.2M | 105.0M | 90.1M |
| Total Operating Cash Outflow | 3.6B | 3.6B | 4.5B | 3.6B | 1.6B | 1.4B | 1.2B | 1.1B | 537.0M | 572.0M | 809.0M | 742.0M | 731.0M | 637.0M |
| Operating Cash Flow | 119.0M | -323.0M | 793.0M | -59.5M | 253.0M | 179.0M | 255.0M | -49.6M | 42.7M | 43.1M | 79.4M | 97.4M | 89.2M | 62.5M |
| Total Investing Cash Inflow | 1.1B | 1.6B | 3.7B | 3.0B | 1.5B | 32.3M | 3,500 | -- | 52.1M | 615,000 | 2,452 | 1.2M | 11.2M | 90,700 |
| Total Investing Cash Outflow | 1.5B | 1.7B | 3.9B | 2.9B | 1.6B | 1.2B | 76.1M | 33.4M | 110.0M | 35.4M | 41.1M | 34.9M | 41.4M | 68.5M |
| Investing Cash Flow | -439.0M | -84.3M | -237.0M | 183.0M | -184.0M | -1.2B | -76.0M | -33.4M | -57.9M | -34.8M | -41.1M | -33.7M | -30.1M | -68.4M |
| Cash From Borrowings | 491.0M | 270.0M | 54.2M | -- | 62.9M | 35.0M | 35.0M | 35.0M | 9.0M | 17.0M | 63.0M | 71.8M | 83.2M | 70.5M |
| Dividends And Interest Paid | 44.0M | 192.0M | 139.0M | 98.4M | 86.5M | 15.4M | 11.3M | 3.7M | 8.4M | 2.0M | 17.7M | 3.8M | 41.1M | 6.7M |
| Debt Repayments | 137.0M | 64.1M | 0.00 | -- | 62.9M | 135.0M | 35.0M | 9.0M | 9.0M | 71.0M | 64.0M | 78.0M | 81.1M | 48.2M |
| Total Financing Cash Inflow | 491.0M | 270.0M | 54.2M | -- | 62.9M | 1.2B | 35.0M | 35.0M | 74.0M | 17.0M | 63.0M | 71.8M | 83.2M | 70.5M |
| Total Financing Cash Outflow | 205.0M | 276.0M | 153.0M | 108.0M | 151.0M | 162.0M | 46.3M | 12.7M | 17.4M | 73.0M | 81.7M | 81.8M | 122.0M | 54.8M |
| Financing Cash Flow | 286.0M | -6.4M | -98.9M | -108.0M | -88.1M | 1.1B | -11.3M | 22.3M | 56.6M | -56.0M | -18.7M | -10.0M | -39.0M | 15.6M |
| Net Change In Cash | -17.9M | -455.0M | 399.0M | 23.5M | -35.7M | 113.0M | 162.0M | -62.8M | 42.1M | -47.7M | 19.6M | 53.7M | 20.0M | 9.7M |
| Ending Cash Balance | 250.0M | 267.0M | 723.0M | 323.0M | 300.0M | 335.0M | 222.0M | 60.5M | 123.0M | 81.2M | 129.0M | 109.0M | 55.6M | 35.6M |
| Capex | 242.0M | 113.0M | 226.0M | 113.0M | 191.0M | 92.7M | 76.0M | 33.4M | 60.0M | 33.8M | 40.6M | 34.9M | 41.4M | 20.2M |