Converge Information And Communications Technology Solutions (PHS:CNVRG) Tax Rate % : 25.47% (As of Mar. 2024)

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What is Converge Information And Communications Technology Solutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Converge Information And Communications Technology Solutions's Tax Expense for the three months ended in Mar. 2024 was ₱872 Mil. Converge Information And Communications Technology Solutions's Pre-Tax Income for the three months ended in Mar. 2024 was ₱3,424 Mil. Therefore, Converge Information And Communications Technology Solutions's Tax Rate % for the quarter that ended in Mar. 2024 was 25.47%.

Converge Information And Communications Technology Solutions Tax Rate % Historical Data

The historical data trend for Converge Information And Communications Technology Solutions'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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Converge Information And Communications Technology Solutions Tax Rate % Chart

Converge Information And Communications Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.73

30.56

25.07

24.52

24.94

Converge Information And Communications Technology Solutions Quarterly Data
	Dec18	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														24.43	23.34	24.79	26.62	25.47

Converge Information And Communications Technology Solutions Tax Rate % Calculation

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

Converge Information And Communications Technology Solutions'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 )
	=	3022.979	/	12121.813
	=	24.94 %

Converge Information And Communications Technology Solutions'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 )
	=	871.911	/	3423.644
	=	25.47 %

Converge Information And Communications Technology Solutions Tax Rate % Related Terms

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Converge Information And Communications Technology Solutions (PHS:CNVRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Converge Information And Communications Technology Solutions Inc (PHS:CNVRG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009

Website

https://www.convergeict.com

Converge Information And Communications Technology Solutions Inc are engaged in the business of providing Information and communication services and solutions. It provides high-speed fiber optic internet services and other digital consumer-centric services. It operates in two businesses namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business.

Converge Information And Communications Technology Solutions (PHS:CNVRG) Headlines

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