GlaxoSmithKline Consumer Nigeria (NSA:GLAXOSMITH) Tax Rate % : 32.58% (As of Jun. 2023)

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What is GlaxoSmithKline Consumer Nigeria Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GlaxoSmithKline Consumer Nigeria's Tax Expense for the three months ended in Jun. 2023 was ₦89 Mil. GlaxoSmithKline Consumer Nigeria's Pre-Tax Income for the three months ended in Jun. 2023 was ₦274 Mil. Therefore, GlaxoSmithKline Consumer Nigeria's Tax Rate % for the quarter that ended in Jun. 2023 was 32.58%.

GlaxoSmithKline Consumer Nigeria Tax Rate % Historical Data

The historical data trend for GlaxoSmithKline Consumer Nigeria'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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GlaxoSmithKline Consumer Nigeria Tax Rate % Chart

GlaxoSmithKline Consumer Nigeria Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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46.76

21.57

37.79

30.34

37.87

GlaxoSmithKline Consumer Nigeria Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															32.00	33.12	32.50	45.21	32.58

GlaxoSmithKline Consumer Nigeria Tax Rate % Calculation

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

GlaxoSmithKline Consumer Nigeria's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	470.087	/	1241.233
	=	37.87 %

GlaxoSmithKline Consumer Nigeria's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	89.195	/	273.746
	=	32.58 %

GlaxoSmithKline Consumer Nigeria Tax Rate % Related Terms

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GlaxoSmithKline Consumer Nigeria (NSA:GLAXOSMITH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GlaxoSmithKline Consumer Nigeria PLC (NSA:GLAXOSMITH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

No. 1, Industrial Avenue, Ilupeju, P.M.B. 21218, Ikeja, GSK House, Lagos, NGA

Website

https://www.ng.gsk.com

GlaxoSmithKline Consumer Nigeria PLC is a healthcare company that researches, develops, and manufactures pharmaceutical medicines, vaccines, and consumer healthcare products. The company has two reportable segments, the Consumer Healthcare segment consisting of oral care, over-the-counter (OTC) medicines, and nutritional healthcare; and the Pharmaceuticals segment consisting of vaccines and prescription drugs. The company's product line includes panadol, Andrews liver salt, Macleans, ampiclox, Sensodyne, and others. The generates maximum revenue from the Pharmaceuticals segment.

GlaxoSmithKline Consumer Nigeria (NSA:GLAXOSMITH) Headlines

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