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 | 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 | 1.1B | 965.0M | 780.0M | 720.0M | 753.0M | 429.0M | 335.0M | 312.0M | 274.0M | 230.0M | 187.0M | 163.0M | 158.0M | 131.0M | 122.0M |
| Revenue Growth % | 18.4% | 23.7% | 8.3% | -4.4% | 75.5% | 28.1% | 7.4% | 13.9% | 19.1% | 23.0% | 14.7% | 3.2% | 20.6% | 7.4% | -- |
| Total Revenue | 1.1B | 965.0M | 780.0M | 720.0M | 753.0M | 429.0M | 335.0M | 312.0M | 274.0M | 230.0M | 187.0M | 163.0M | 158.0M | 131.0M | 122.0M |
| Cost Of Revenue | 717.0M | 610.0M | 484.0M | 423.0M | 429.0M | 267.0M | 202.0M | 194.0M | 175.0M | 150.0M | 133.0M | 114.0M | 105.0M | 87.5M | 86.3M |
| Gross Profit | 426.0M | 355.0M | 296.0M | 297.0M | 324.0M | 162.0M | 133.0M | 118.0M | 99.0M | 80.0M | 54.0M | 49.0M | 53.0M | 43.5M | 35.7M |
| Gross Margin % | 37.3% | 36.8% | 37.9% | 41.2% | 43.0% | 37.8% | 39.7% | 37.8% | 36.1% | 34.8% | 28.9% | 30.1% | 33.5% | 33.2% | 29.2% |
| Total Operating Cost | 1.1B | 921.0M | 770.0M | 675.0M | 594.0M | 345.0M | 267.0M | 259.0M | 234.0M | 206.0M | 175.0M | 151.0M | 144.0M | 124.0M | 116.0M |
| Selling Expenses | 17.9M | 19.8M | 22.6M | 16.6M | 10.4M | 5.2M | 4.4M | 3.5M | 3.3M | 3.0M | 2.8M | 2.7M | 2.9M | 1.8M | 2.0M |
| Admin Expenses | 55.4M | 34.6M | 39.3M | 41.4M | 26.4M | 14.6M | 10.0M | 13.4M | 8.6M | 8.1M | 38.1M | 32.5M | 33.8M | 33.4M | 26.5M |
| Rd Expenses | 258.0M | 226.0M | 211.0M | 189.0M | 132.0M | 58.6M | 47.8M | 46.9M | 43.2M | 41.2M | -- | -- | -- | -- | -- |
| Finance Expenses | 2.0M | -6.9M | -10.2M | -4.6M | -7.3M | -7.3M | -3.6M | -2.3M | 328,700 | 477,500 | -658,600 | -127,200 | -302,700 | -458,600 | 313,600 |
| Operating Income | 188.0M | 104.0M | 46.6M | 81.7M | 212.0M | 101.0M | 71.4M | 58.1M | 47.7M | 27.5M | 13.9M | 13.8M | 14.8M | 6.2M | 6.0M |
| Operating Margin % | 16.4% | 10.8% | 6.0% | 11.4% | 28.2% | 23.5% | 21.3% | 18.6% | 17.4% | 12.0% | 7.4% | 8.5% | 9.4% | 4.7% | 4.9% |
| Non Operating Income | 48,500 | 135,100 | 63,400 | 33,600 | 59,500 | 5.2M | 1.4M | 953,700 | 3.8M | 7.7M | 10.4M | 3.7M | 5.8M | 15.9M | 8.3M |
| Non Operating Expenses | 3.3M | 2.5M | 3.4M | 2.6M | 75,400 | 269,300 | 14,500 | 36,700 | 7,200 | 11,200 | 9,100 | 87,700 | 155,800 | 3.6M | 245,400 |
| Investment Income | 22.0M | 13.6M | 11.4M | 17.3M | 17.3M | 3.7M | -- | -- | 1.6M | 4.0M | 1.7M | 1.9M | 719,900 | -- | -- |
| Fair Value Change Income | 113.0M | 24.0M | 4.7M | -1.0M | 319,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -58,400 | -50,300 | -- | -1,300 | 18,200 | -40,800 | 300.00 | -31,400 | 27,100 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 66.5M | 33.2M | 17.5M | 4.1M | 282,600 | 2.6M | 1.7M | 1.5M | 1.8M | 2.0M | 752,700 | 1.2M | 2.1M | 1.4M | 278,800 |
| Other Income | 31.6M | 22.8M | 20.6M | 20.6M | 34.9M | 12.7M | 3.0M | 5.0M | 5.2M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 185.0M | 102.0M | 43.3M | 79.2M | 212.0M | 106.0M | 72.8M | 59.0M | 51.5M | 35.2M | 24.2M | 17.4M | 20.5M | 18.5M | 14.0M |
| Income Tax | -350,500 | -7.2M | -13.0M | -9.6M | 10.8M | 5.8M | 6.6M | 5.5M | 4.0M | 5.1M | 3.6M | 2.5M | 2.0M | 2.3M | 1.9M |
| Net Income | 185.0M | 109.0M | 56.2M | 88.8M | 201.0M | 99.7M | 66.2M | 53.5M | 47.5M | 30.1M | 20.6M | 14.9M | 18.4M | 16.2M | 12.1M |
| Net Margin % | 16.2% | 11.3% | 7.2% | 12.3% | 26.7% | 23.2% | 19.8% | 17.2% | 17.3% | 13.1% | 11.0% | 9.2% | 11.7% | 12.3% | 10.0% |
| Net Income Attributable | 186.0M | 111.0M | 59.5M | 89.8M | 201.0M | 99.7M | 66.2M | 53.5M | 47.5M | 30.1M | 20.6M | 14.9M | 18.4M | 16.2M | 12.1M |
| Minority Interest | -862,500 | -2.3M | -3.2M | -1.0M | -143,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.45 | 0.87 | 0.50 | 0.79 | 1.78 | 1.04 | 0.84 | 0.69 | 0.62 | 0.39 | 0.28 | 0.22 | 0.90 | 0.79 | 0.61 |
| Eps Diluted | 1.45 | 0.87 | 0.50 | 0.79 | 1.78 | 1.04 | 0.84 | 0.69 | 0.62 | 0.39 | 0.28 | 0.22 | 0.90 | 0.79 | 0.61 |
| Line Item | FY 2025Dec 31, 2025 | 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 | 568.0M | 393.0M | 1.1B | 520.0M | 710.0M | 988.0M | 334.0M | 148.0M | 144.0M | 25.5M | 14.1M | 47.9M | 59.2M | 49.6M | 35.6M |
| Trading Financial Assets | 1.5B | 1.3B | 741.0M | 381.0M | 428.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 181.0M | 164.0M | 153.0M | 122.0M | 111.0M | 110.0M | 78.6M | 79.3M | 68.2M | 59.6M | 44.5M | 35.2M | 23.0M | 25.1M | 21.3M |
| Notes Receivable | 67.3M | 77.7M | 35.1M | 15.5M | 15.7M | 61.0M | -- | 31.7M | 13.0M | 100,000 | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 248.0M | 242.0M | 188.0M | 138.0M | 127.0M | 170.0M | 78.6M | 111.0M | 81.2M | 59.7M | 44.5M | 35.2M | 23.0M | 25.1M | 21.3M |
| Prepayments | 16.0M | 16.3M | 40.6M | 85.4M | 33.2M | 5.3M | 3.2M | 2.6M | 3.6M | 854,300 | 942,100 | 135,500 | 1.8M | 102,800 | 276,800 |
| Inventory | 364.0M | 309.0M | 213.0M | 196.0M | 102.0M | 77.0M | 64.3M | 62.8M | 37.5M | 36.4M | 28.0M | 37.0M | 22.3M | 22.3M | 24.2M |
| Total Current Assets | 2.8B | 2.5B | 2.3B | 1.3B | 1.4B | 1.3B | 527.0M | 327.0M | 270.0M | 234.0M | 188.0M | 130.0M | 109.0M | 97.4M | 81.6M |
| Long Term Equity Investment | 6.8M | 4.7M | 4.4M | 4.6M | 4.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | 222.0M | 168.0M | 165.0M | 121.0M | 68.7M | 20.2M | 17.7M | 16.5M | 4.5M | -- | 7.7M | 6.4M | 3.4M | 2.9M | 2.6M |
| Fixed Assets Total | 222.0M | 168.0M | 165.0M | 121.0M | 68.7M | 20.2M | 17.7M | 16.5M | 4.5M | 7.0M | 7.7M | 6.4M | 3.4M | 2.9M | 2.6M |
| Construction In Progress | 4.1M | 381,700 | 357,800 | 37.0M | 72.5M | 378,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 4.1M | 381,700 | 357,800 | 37.0M | 72.5M | 378,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 13.1M | 19.4M | 23.1M | 16.2M | 15.7M | 1.6M | 4,915 | 63,900 | -- | -- | 9,186 | 69,000 | 88,000 | 6,213 | 31,100 |
| Long Term Deferred Expenses | 8.8M | 4.4M | 1.0M | 1.4M | 1.6M | 1.5M | -- | -- | 89,700 | 243,500 | 397,300 | 551,100 | 704,900 | -- | 54,200 |
| Total Non Current Assets | 538.0M | 488.0M | 475.0M | 390.0M | 228.0M | 126.0M | 19.9M | 23.2M | 11.2M | 14.8M | 16.1M | 15.7M | 9.1M | 4.8M | 4.4M |
| Total Assets | 3.3B | 2.9B | 2.8B | 1.7B | 1.6B | 1.4B | 547.0M | 350.0M | 281.0M | 249.0M | 204.0M | 146.0M | 118.0M | 102.0M | 85.9M |
| Short Term Borrowings | 345.0M | 233.0M | 119.0M | 40.0M | -- | -- | -- | -- | -- | 25.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 97.4M | 90.6M | 43.1M | 29.1M | 51.3M | 38.3M | 21.6M | 29.1M | 18.9M | 21.1M | 16.7M | 15.8M | 12.0M | 11.1M | 8.4M |
| Advance Receipts | 235,300 | 157,000 | 121,300 | 106,600 | 68,100 | 81,500 | 110,500 | 547,400 | 1.4M | 654,500 | 532,800 | 144,300 | 234,800 | 183,900 | 33,200 |
| Contract Liabilities | 3.5M | 5.1M | 6.7M | 4.7M | 4.8M | 2.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 560.0M | 446.0M | 272.0M | 216.0M | 107.0M | 97.1M | 77.7M | 89.8M | 54.0M | 58.0M | 25.3M | 23.9M | 23.1M | 20.5M | 19.5M |
| Total Non Current Liabilities | 22.4M | 16.6M | 21.4M | 33.5M | 12.4M | 6.9M | 1.7M | 1.3M | 2.7M | 6.1M | 8.7M | 9.3M | 10.1M | 10.9M | 11.3M |
| Total Liabilities | 583.0M | 463.0M | 293.0M | 250.0M | 119.0M | 104.0M | 79.5M | 91.1M | 56.8M | 64.1M | 34.0M | 33.2M | 33.3M | 31.4M | 30.9M |
| Paid In Capital | 131.0M | 131.0M | 131.0M | 113.0M | 113.0M | 113.0M | 84.6M | 77.1M | 77.1M | 77.1M | 77.1M | 22.0M | 20.5M | 20.5M | 20.0M |
| Capital Reserve | 1.9B | 1.9B | 1.9B | 964.0M | 920.0M | 864.0M | 168.0M | 25.7M | 25.7M | 25.7M | 25.7M | 35.4M | 20.1M | 20.1M | 18.6M |
| Surplus Reserve | 67.7M | 67.7M | 67.7M | 61.5M | 54.2M | 35.5M | 25.7M | 19.0M | 13.9M | 9.5M | 6.9M | 5.1M | 3.7M | 2.3M | 14,600 |
| Retained Earnings | 730.0M | 560.0M | 467.0M | 442.0M | 427.0M | 279.0M | 189.0M | 137.0M | 108.0M | 72.4M | 60.4M | 50.3M | 40.8M | 27.9M | 16.5M |
| Minority Equity | -- | -5.7M | -3.6M | -353,400 | 656,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.7B | 2.5B | 2.5B | 1.5B | 1.5B | 1.3B | 467.0M | 259.0M | 225.0M | 185.0M | 170.0M | 113.0M | 85.2M | 70.8M | 55.1M |
| Total Equity | 2.7B | 2.5B | 2.5B | 1.5B | 1.5B | 1.3B | 467.0M | 259.0M | 225.0M | 185.0M | 170.0M | 113.0M | 85.2M | 70.8M | 55.1M |
| Line Item | FY 2025Dec 31, 2025 | 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 | 765.0M | 683.0M | 620.0M | 661.0M | 701.0M | 212.0M | 189.0M | 194.0M | 203.0M | 164.0M | 155.0M | 129.0M | 186.0M | 146.0M | 136.0M |
| Tax Refunds Received | 597,100 | 293,600 | 120,900 | 17,900 | -- | 286,200 | 242,500 | 58,800 | 180,600 | 522,800 | 537,500 | 1.0M | 868,400 | 237,300 | 673,300 |
| Total Operating Cash Inflow | 794.0M | 710.0M | 643.0M | 708.0M | 741.0M | 243.0M | 197.0M | 201.0M | 208.0M | 168.0M | 161.0M | 135.0M | 193.0M | 161.0M | 149.0M |
| Cash Paid For Goods | 493.0M | 402.0M | 372.0M | 452.0M | 292.0M | 115.0M | 67.3M | 87.2M | 102.0M | 97.7M | 94.7M | 102.0M | 128.0M | 102.0M | 105.0M |
| Cash Paid To Employees | 192.0M | 168.0M | 175.0M | 113.0M | 75.5M | 44.6M | 36.6M | 34.9M | 31.8M | 27.6M | 24.2M | 22.8M | 20.3M | 19.0M | 13.5M |
| Taxes Paid | 10.1M | 9.5M | 20.2M | 25.1M | 48.7M | 18.8M | 19.4M | 19.5M | 15.1M | 13.4M | 8.7M | 6.0M | 8.4M | 7.3M | 3.4M |
| Total Operating Cash Outflow | 792.0M | 669.0M | 649.0M | 656.0M | 484.0M | 207.0M | 148.0M | 165.0M | 169.0M | 157.0M | 143.0M | 143.0M | 174.0M | 146.0M | 134.0M |
| Operating Cash Flow | 1.8M | 40.6M | -6.1M | 51.9M | 257.0M | 36.6M | 49.7M | 35.9M | 38.6M | 10.9M | 17.6M | -8.5M | 19.2M | 15.5M | 14.8M |
| Total Investing Cash Inflow | 3.0B | 2.2B | 727.0M | 2.4B | 3.1B | 484.0M | 5.0M | 1,328 | 192.0M | 559.0M | 311.0M | 369.0M | 185.0M | -- | 2.9M |
| Total Investing Cash Outflow | 3.1B | 2.8B | 1.2B | 2.5B | 3.6B | 589.0M | 9.0M | 8.5M | 80.1M | 569.0M | 403.0M | 384.0M | 190.0M | 1.8M | 3.6M |
| Investing Cash Flow | -119.0M | -574.0M | -441.0M | -112.0M | -515.0M | -105.0M | -4.0M | -8.5M | 112.0M | -9.8M | -92.7M | -15.4M | -4.7M | -1.8M | -623,400 |
| Cash From Borrowings | 458.0M | 307.0M | 177.0M | 41.0M | -- | -- | -- | -- | 9.2M | 25.0M | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 58.4M | 25.5M | 31.4M | 67.9M | 33.8M | -- | 7.7M | 19.3M | 8.0M | 16.3M | 8.8M | 4.1M | 4.1M | 2.4M | 5.5M |
| Debt Repayments | 345.0M | 201.0M | 98.0M | 1.1M | -- | -- | -- | -- | 34.2M | -- | -- | -- | -- | -- | 10.0M |
| Total Financing Cash Inflow | 531.0M | 336.0M | 1.2B | 52.6M | 15.6M | 734.0M | 150.0M | -- | 10.3M | 26.6M | 50.0M | 17.2M | -- | 2.0M | 1.0M |
| Total Financing Cash Outflow | 407.0M | 339.0M | 135.0M | 184.0M | 35.8M | 11.9M | 8.1M | 19.3M | 45.8M | 16.3M | 8.8M | 4.1M | 4.1M | 2.4M | 15.5M |
| Financing Cash Flow | 123.0M | -3.1M | 1.0B | -131.0M | -20.2M | 722.0M | 142.0M | -19.3M | -35.5M | 10.4M | 41.2M | 13.2M | -4.1M | -400,000 | -14.5M |
| Net Change In Cash | 5.4M | -536.0M | 579.0M | -190.0M | -278.0M | 653.0M | 188.0M | 8.1M | 115.0M | 11.5M | -33.8M | -10.8M | 10.4M | 13.3M | -343,600 |
| Ending Cash Balance | 568.0M | 563.0M | 1.1B | 520.0M | 710.0M | 988.0M | 334.0M | 147.0M | 139.0M | 24.0M | 12.6M | 46.4M | 57.1M | 46.7M | 33.4M |
| Capex | 75.6M | 34.4M | 34.9M | 39.0M | 40.8M | 109.0M | 9.0M | 8.5M | 1.1M | 2.9M | 3.4M | 5.9M | 2.9M | 1.8M | 1.8M |