IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Tax Rate % : 6.77% (As of Mar. 2024)

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What is IFA Hotels & Resorts Co KSCC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IFA Hotels & Resorts Co KSCC's Tax Expense for the three months ended in Mar. 2024 was KWD0.40 Mil. IFA Hotels & Resorts Co KSCC's Pre-Tax Income for the three months ended in Mar. 2024 was KWD5.85 Mil. Therefore, IFA Hotels & Resorts Co KSCC's Tax Rate % for the quarter that ended in Mar. 2024 was 6.77%.

IFA Hotels & Resorts Co KSCC Tax Rate % Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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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IFA Hotels & Resorts Co KSCC Tax Rate % Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.16

3.51

-16.21

5.96

5.29

IFA Hotels & Resorts Co KSCC 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															2.96	-14.97	3.06	8.27	6.77

IFA Hotels & Resorts Co KSCC Tax Rate % Calculation

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

IFA Hotels & Resorts Co KSCC'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 )
	=	0.901	/	17.041
	=	5.29 %

IFA Hotels & Resorts Co KSCC'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 )
	=	0.396	/	5.85
	=	6.77 %

IFA Hotels & Resorts Co KSCC Tax Rate % Related Terms

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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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