Hong Leong Bank Bhd (XKLS:5819) Tax Rate % : 18.87% (As of Dec. 2023)

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What is Hong Leong Bank Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hong Leong Bank Bhd's Tax Expense for the three months ended in Dec. 2023 was RM253 Mil. Hong Leong Bank Bhd's Pre-Tax Income for the three months ended in Dec. 2023 was RM1,341 Mil. Therefore, Hong Leong Bank Bhd's Tax Rate % for the quarter that ended in Dec. 2023 was 18.87%.

Hong Leong Bank Bhd Tax Rate % Historical Data

The historical data trend for Hong Leong Bank Bhd'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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Hong Leong Bank Bhd Tax Rate % Chart

Hong Leong Bank Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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16.37

16.55

17.58

24.68

17.47

Hong Leong Bank Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															19.05	16.35	16.89	17.16	18.87

Hong Leong Bank Bhd Tax Rate % Calculation

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

Hong Leong Bank Bhd's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	808.435	/	4626.631
	=	17.47 %

Hong Leong Bank Bhd'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 )
	=	253.022	/	1340.963
	=	18.87 %

Hong Leong Bank Bhd Tax Rate % Related Terms

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Hong Leong Bank Bhd (XKLS:5819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Bank Bhd (XKLS:5819) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No.6, Jalan Damanlela, Level 30, Menara Hong Leong, Bukit, Damansara, Kuala Lumpur, MYS, 50490

Website

https://www.hlb.com.my

Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank's strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business, and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank's earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank's income generation. Most of its revenue is derived from personal financial services.

Hong Leong Bank Bhd (XKLS:5819) Headlines

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