Nordic Group (SGX:MR7) Tax Rate % : 27.35% (As of Dec. 2023)

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What is Nordic Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nordic Group's Tax Expense for the six months ended in Dec. 2023 was S$2.2 Mil. Nordic Group's Pre-Tax Income for the six months ended in Dec. 2023 was S$8.1 Mil. Therefore, Nordic Group's Tax Rate % for the quarter that ended in Dec. 2023 was 27.35%.

Nordic Group Tax Rate % Historical Data

The historical data trend for Nordic Group'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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Nordic Group Tax Rate % Chart

Nordic Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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7.63

7.05

4.14

6.76

18.37

Nordic Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															3.62	11.02	0.78	12.04	27.35

Nordic Group Tax Rate % Calculation

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

Nordic Group'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 )
	=	3.595	/	19.572
	=	18.37 %

Nordic Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	2.213	/	8.09
	=	27.35 %

Nordic Group Tax Rate % Related Terms

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Nordic Group (SGX:MR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Group Ltd (SGX:MR7) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

2 Tuas Avenue 10, Singapore, SGP, 639126

Website

https://www.nordicgrouplimited.com

Nordic Group Ltd is an investment holding company. Its operating business segments include Project Services, Maintenance Services, and Others. The company generates maximum revenue from the Maintenance services segment. Its Maintenance Services segment includes maintenance and repair services, trading and supply of material, spare parts and components. The Project services segment includes projects that require engineering, procurement, design, construction, machining, scaffolding works, insulation services, and passive fireproofing services. Geographically, Singapore derives the vast majority of its revenue.

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