Orascom Development EgyptE (CAI:ORHD) Tax Rate % : 23.35% (As of Mar. 2024)

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What is Orascom Development EgyptE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Orascom Development EgyptE's Tax Expense for the three months ended in Mar. 2024 was E£-300 Mil. Orascom Development EgyptE's Pre-Tax Income for the three months ended in Mar. 2024 was E£-1,284 Mil. Therefore, Orascom Development EgyptE's Tax Rate % for the quarter that ended in Mar. 2024 was 23.35%.

Orascom Development EgyptE Tax Rate % Historical Data

The historical data trend for Orascom Development EgyptE's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orascom Development EgyptE Tax Rate % Chart

Orascom Development EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.31

26.86

30.30

25.77

25.12

Orascom Development EgyptE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															1.02	31.45	27.74	25.04	23.35

Orascom Development EgyptE Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Orascom Development EgyptE's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	1046.481	/	4165.718
	=	25.12 %

Orascom Development EgyptE's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-299.874	/	-1284.419
	=	23.35 %

Orascom Development EgyptE Tax Rate % Related Terms

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Orascom Development EgyptE (CAI:ORHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orascom Development Egypt SAE (CAI:ORHD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nile City Towers, South Tower, 9th Floor, 2005 A Corniche El Nil, Cairo, EGY, 11221

Website

https://www.orascomde.com

Orascom Development Egypt SAE is engaged in the development of integrated destinations in Egypt including private villas and apartments, hotels, leisure facilities and other supporting infrastructure. Its segments are Hotels, Real estate, Land sales, Town Management and Other Operations. The Hotel segment includes the provision of hospitality services in two to five-star hotels. Its Real-estate and construction segment includes an acquisition of land in undeveloped areas. The Land sales segment includes the sale of land and land rights to others. Town management consists of the provision of facilities and infrastructure services at resorts and towns. The Other segment comprises of rentals from investment properties, mortgages, hospital services, educational services, and other services.

Orascom Development EgyptE (CAI:ORHD) Headlines

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