Kuwait Investment CoK (KUW:KINV) Tax Rate % : 3.96% (As of Mar. 2024)

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What is Kuwait Investment CoK Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait Investment CoK's Tax Expense for the three months ended in Mar. 2024 was KWD0.25 Mil. Kuwait Investment CoK's Pre-Tax Income for the three months ended in Mar. 2024 was KWD6.40 Mil. Therefore, Kuwait Investment CoK's Tax Rate % for the quarter that ended in Mar. 2024 was 3.96%.

Kuwait Investment CoK Tax Rate % Historical Data

The historical data trend for Kuwait Investment CoK'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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Kuwait Investment CoK Tax Rate % Chart

Kuwait Investment CoK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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3.84

4.08

2.23

2.35

Kuwait Investment CoK 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															1.03	3.12	6.13	2.52	3.96

Kuwait Investment CoK Tax Rate % Calculation

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

Kuwait Investment CoK'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 )
	=	0.254	/	10.8
	=	2.35 %

Kuwait Investment CoK'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 )
	=	0.253	/	6.395
	=	3.96 %

Kuwait Investment CoK Tax Rate % Related Terms

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Kuwait Investment CoK (KUW:KINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kuwait Investment Co SAK (KUW:KINV) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Mubarak Al Kabeer Street, P.O. Box 1005, Souk Al Manakh Building, 5th Floor, Sharq, Safat, Kuwait, KWT, 13011

Website

https://www.kic.com.kw

Kuwait Investment Co SAK is an investment company. The company has four operating segments which include Asset Management; Direct Investments and Corporate Finance (DICF); Treasury and Other operations. It generates the majority of revenue from the DICF and Other operation segments. The DICF segment consists of managing subsidiaries, associates, long-term strategic investments, lending, real estate, and rental activities. Geographically, it derives a majority of its revenue from Kuwait.

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