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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 587.0M | 565.0M | 542.0M | 411.0M | 453.0M | 425.0M | 359.0M | 317.0M | 586.0M | 533.0M | 407.0M |
| Revenue Growth % | 3.9% | 4.2% | 31.9% | -9.3% | 6.6% | 18.4% | 13.2% | -45.9% | 9.9% | 31.0% | -- |
| Total Revenue | 587.0M | 565.0M | 542.0M | 411.0M | 453.0M | 425.0M | 359.0M | 317.0M | 586.0M | 533.0M | 407.0M |
| Cost Of Revenue | 401.0M | 412.0M | 400.0M | 278.0M | 312.0M | 301.0M | 267.0M | 245.0M | 433.0M | 376.0M | 269.0M |
| Gross Profit | 186.0M | 153.0M | 142.0M | 133.0M | 141.0M | 124.0M | 92.0M | 72.0M | 153.0M | 157.0M | 138.0M |
| Gross Margin % | 31.7% | 27.1% | 26.2% | 32.4% | 31.1% | 29.2% | 25.6% | 22.7% | 26.1% | 29.5% | 33.9% |
| Total Operating Cost | 490.0M | 494.0M | 474.0M | 341.0M | 378.0M | 363.0M | 329.0M | 302.0M | 518.0M | 445.0M | 344.0M |
| Selling Expenses | 21.5M | 22.9M | 27.2M | 18.5M | 20.1M | 25.0M | 21.3M | 19.9M | 23.2M | 20.6M | 18.2M |
| Admin Expenses | 27.6M | 25.4M | 20.6M | 18.2M | 18.7M | 18.4M | 18.9M | 23.4M | 50.0M | 40.8M | 53.8M |
| Rd Expenses | 33.6M | 34.4M | 29.4M | 22.6M | 23.4M | 21.0M | 20.3M | 17.6M | -- | -- | -- |
| Finance Expenses | -4.9M | -5.8M | -9.5M | -718,200 | 2.6M | -1.8M | -3.0M | 371,100 | 598,800 | -1.9M | -508,800 |
| Operating Income | 119.0M | 87.8M | 72.4M | 77.8M | 84.9M | 72.4M | 33.5M | 22.2M | 68.3M | 88.1M | 62.8M |
| Operating Margin % | 20.3% | 15.5% | 13.4% | 18.9% | 18.7% | 17.0% | 9.3% | 7.0% | 11.7% | 16.5% | 15.4% |
| Non Operating Income | 44,400 | 490,600 | 359,200 | 12,500 | 1,000 | 246,500 | 5.6M | 753,700 | 8.5M | 3.3M | 3.4M |
| Non Operating Expenses | 457,200 | 753,500 | 210,100 | 205,700 | 249,800 | 886,200 | 5.6M | 3.4M | 879,400 | 1.4M | 511,600 |
| Investment Income | 548,200 | 8.7M | 2.3M | 2.2M | 1.2M | 2.3M | 1.7M | 4.7M | 40,800 | 123,000 | 203,600 |
| Fair Value Change Income | 2.8M | -1.9M | 160,200 | -1.3M | 3.5M | 1.1M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 12,100 | -- | -- | 36,200 | -- | -- | -2,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 2.7M | 704,400 | -110,700 | -397,700 | -62,400 | 254,400 | 2.9M | -7.9M | 6.4M | 7.1M | 1.6M |
| Other Income | 19.4M | 10.2M | 2.1M | 6.7M | 5.2M | 6.7M | 2.5M | 2.6M | -- | -- | -- |
| Income Before Tax | 119.0M | 87.5M | 72.5M | 77.6M | 84.7M | 71.7M | 33.5M | 19.6M | 76.0M | 90.0M | 65.6M |
| Income Tax | 15.3M | 13.1M | 7.1M | 7.3M | 10.9M | 9.5M | 3.5M | 2.5M | 10.8M | 12.6M | 12.3M |
| Net Income | 104.0M | 74.4M | 65.4M | 70.3M | 73.7M | 62.2M | 30.0M | 17.1M | 65.2M | 77.4M | 53.3M |
| Net Margin % | 17.7% | 13.2% | 12.1% | 17.1% | 16.3% | 14.6% | 8.4% | 5.4% | 11.1% | 14.5% | 13.1% |
| Net Income Attributable | 104.0M | 74.5M | 63.6M | 70.3M | 73.7M | 62.2M | 30.0M | 17.1M | 65.2M | 77.4M | 53.3M |
| Minority Interest | -- | -86,200 | 1.8M | 33,000 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.59 | 0.42 | 0.42 | 0.50 | 0.66 | 0.55 | 0.27 | 0.15 | 0.94 | 1.39 | 1.07 |
| Eps Diluted | 0.59 | 0.41 | 0.42 | 0.50 | 0.66 | 0.55 | 0.27 | 0.15 | 0.94 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 321.0M | 323.0M | 280.0M | 348.0M | 228.0M | 177.0M | 148.0M | 170.0M | 139.0M | 81.4M | 68.6M |
| Trading Financial Assets | 9.0M | 6.2M | 8.1M | 7.9M | 9.2M | 5.6M | -- | -- | -- | -- | -- |
| Accounts Receivable | 191.0M | 188.0M | 196.0M | 162.0M | 131.0M | 195.0M | 215.0M | 191.0M | 370.0M | 278.0M | 150.0M |
| Notes Receivable | 640,500 | 1.2M | 32.2M | 11.3M | 13.2M | 9.5M | 18.7M | 12.7M | 850,000 | -- | 150,000 |
| Notes And Accounts Receivable | 191.0M | 189.0M | 229.0M | 173.0M | 144.0M | 205.0M | 233.0M | 204.0M | 371.0M | 278.0M | 150.0M |
| Prepayments | 1.1M | 3.6M | 4.5M | 2.1M | 7.4M | 20.5M | 18.7M | 3.3M | 4.8M | 1.3M | 7.7M |
| Inventory | 37.1M | 31.8M | 41.9M | 44.3M | 29.8M | 33.9M | 33.4M | 26.9M | 74.8M | 76.6M | 55.5M |
| Total Current Assets | 599.0M | 579.0M | 598.0M | 620.0M | 463.0M | 476.0M | 453.0M | 416.0M | 602.0M | 478.0M | 336.0M |
| Fixed Assets | -- | 330.0M | 300.0M | 42.6M | 45.0M | 48.2M | 53.8M | 54.6M | 61.5M | 64.1M | 64.9M |
| Fixed Assets Total | 327.0M | 330.0M | 300.0M | 42.6M | 45.0M | 48.2M | 53.8M | 54.6M | 61.5M | 64.1M | 64.9M |
| Construction In Progress | -- | 8.4M | 35.3M | 194.0M | 139.0M | 70.6M | 23.0M | 1.1M | 254,800 | 809,100 | 4.4M |
| Construction In Progress Total | 2.1M | 8.4M | 35.3M | 194.0M | 139.0M | 70.6M | 23.0M | 1.1M | 254,800 | 809,100 | 4.4M |
| Intangible Assets | 29.5M | 30.5M | 30.3M | 31.3M | 31.3M | 32.0M | 32.8M | 33.4M | 4.5M | 4.6M | 4.7M |
| Long Term Deferred Expenses | -- | -- | -- | 25,600 | -- | -- | -- | 1.0M | 3.3M | 5.6M | -- |
| Total Non Current Assets | 408.0M | 428.0M | 411.0M | 316.0M | 243.0M | 165.0M | 140.0M | 99.7M | 88.0M | 78.2M | 75.9M |
| Total Assets | 1.0B | 1.0B | 1.0B | 936.0M | 706.0M | 640.0M | 593.0M | 516.0M | 690.0M | 556.0M | 412.0M |
| Short Term Borrowings | -- | -- | -- | -- | 5.0M | -- | 100,000 | -- | -- | 29.0M | 26.5M |
| Accounts Payable | 127.0M | 169.0M | 199.0M | 156.0M | 123.0M | 146.0M | 147.0M | 120.0M | 243.0M | 225.0M | 151.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.2M | 2.1M | 5.9M | 4.3M | 187,100 | 4.5M |
| Contract Liabilities | 2.0M | 1.5M | 3.6M | 5.0M | 10.8M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 165.0M | 190.0M | 231.0M | 190.0M | 204.0M | 216.0M | 235.0M | 177.0M | 347.0M | 364.0M | 226.0M |
| Long Term Borrowings | -- | -- | -- | -- | 27.2M | 15.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 10.2M | 10.9M | 14.5M | 14.0M | 42.0M | 26.1M | 11.7M | 12.7M | 13.9M | 12.9M | 13.6M |
| Total Liabilities | 175.0M | 201.0M | 246.0M | 204.0M | 246.0M | 242.0M | 246.0M | 190.0M | 361.0M | 377.0M | 239.0M |
| Paid In Capital | 179.0M | 150.0M | 150.0M | 150.0M | 112.0M | 112.0M | 112.0M | 112.0M | 75.0M | 60.0M | 60.0M |
| Capital Reserve | 320.0M | 353.0M | 350.0M | 350.0M | 154.0M | 154.0M | 154.0M | 154.0M | 191.0M | 31.5M | 31.5M |
| Surplus Reserve | 57.8M | 47.0M | 37.5M | 31.3M | 24.4M | 16.9M | 10.2M | 7.1M | 5.3M | 18.4M | 10.8M |
| Retained Earnings | 305.0M | 256.0M | 223.0M | 200.0M | 170.0M | 115.0M | 66.9M | 48.9M | 47.9M | 69.0M | 70.3M |
| Minority Equity | -- | -- | 2.9M | 1.1M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 832.0M | 806.0M | 760.0M | 731.0M | 460.0M | 398.0M | 347.0M | 326.0M | 330.0M | 179.0M | 173.0M |
| Total Equity | 832.0M | 806.0M | 763.0M | 732.0M | 460.0M | 398.0M | 347.0M | 326.0M | 330.0M | 179.0M | 173.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 682.0M | 616.0M | 495.0M | 363.0M | 490.0M | 461.0M | 307.0M | 510.0M | 476.0M | 446.0M | 428.0M |
| Tax Refunds Received | 9.9M | 9.4M | 18.0M | 6.7M | 1.6M | 1.6M | 3.0M | -- | 633,700 | 713,900 | 208,200 |
| Total Operating Cash Inflow | 718.0M | 646.0M | 532.0M | 399.0M | 534.0M | 527.0M | 340.0M | 554.0M | 491.0M | 465.0M | 438.0M |
| Cash Paid For Goods | 467.0M | 367.0M | 327.0M | 236.0M | 282.0M | 310.0M | 212.0M | 315.0M | 265.0M | 318.0M | 295.0M |
| Cash Paid To Employees | 60.4M | 57.4M | 56.1M | 49.6M | 47.2M | 44.3M | 44.7M | 47.6M | 51.4M | 45.9M | 33.3M |
| Taxes Paid | 40.3M | 38.2M | 29.3M | 29.8M | 20.9M | 28.3M | 15.8M | 38.5M | 63.3M | 30.2M | 19.7M |
| Total Operating Cash Outflow | 618.0M | 509.0M | 463.0M | 350.0M | 405.0M | 457.0M | 362.0M | 460.0M | 462.0M | 447.0M | 391.0M |
| Operating Cash Flow | 99.5M | 136.0M | 68.8M | 49.8M | 129.0M | 70.0M | -22.0M | 93.8M | 29.2M | 18.2M | 47.1M |
| Total Investing Cash Inflow | 4.9M | 427.0M | 977.0M | 524.0M | 429.0M | 855.0M | 328.0M | 122.0M | 31.3M | 20.1M | 44.5M |
| Total Investing Cash Outflow | 39.1M | 489.0M | 1.1B | 603.0M | 501.0M | 888.0M | 351.0M | 151.0M | 19.0M | 30.4M | 116.0M |
| Investing Cash Flow | -34.3M | -62.8M | -107.0M | -79.3M | -71.7M | -32.8M | -23.7M | -28.8M | 12.3M | -10.3M | -71.2M |
| Cash From Borrowings | -- | -- | -- | -- | 20.0M | 15.0M | 100,000 | -- | -- | 59.0M | 34.0M |
| Dividends And Interest Paid | 44.1M | 31.5M | 34.5M | 33.6M | 11.4M | 11.4M | 9.0M | 19.7M | 88.4M | 12.0M | 9.0M |
| Debt Repayments | -- | -- | -- | 35.0M | -- | 100,000 | -- | -- | 29.0M | 56.5M | 33.0M |
| Total Financing Cash Inflow | -- | -- | -- | 253.0M | 20.0M | 15.1M | 100,000 | -- | 125.0M | 86.6M | 112.0M |
| Total Financing Cash Outflow | 75.1M | 31.8M | 34.9M | 86.9M | 12.6M | 11.5M | 9.1M | 19.7M | 139.0M | 83.5M | 61.0M |
| Financing Cash Flow | -75.1M | -31.8M | -34.9M | 166.0M | 7.4M | 3.6M | -9.0M | -19.7M | -13.5M | 3.1M | 51.2M |
| Net Change In Cash | -9.4M | 43.3M | -65.9M | 135.0M | 61.0M | 41.8M | -52.4M | 44.4M | 28.4M | 12.1M | 27.2M |
| Ending Cash Balance | 302.0M | 311.0M | 268.0M | 334.0M | 198.0M | 137.0M | 95.6M | 148.0M | 104.0M | 75.2M | 63.1M |
| Capex | 39.1M | 60.2M | 109.0M | 55.7M | 72.9M | 35.1M | 26.0M | 34.0M | 14.0M | 11.6M | 21.8M |