Meghna Petroleum (DHA:MPETROLEUM) Tax Rate % : 26.80% (As of Dec. 2023)

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What is Meghna Petroleum Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meghna Petroleum's Tax Expense for the three months ended in Dec. 2023 was BDT359 Mil. Meghna Petroleum's Pre-Tax Income for the three months ended in Dec. 2023 was BDT1,339 Mil. Therefore, Meghna Petroleum's Tax Rate % for the quarter that ended in Dec. 2023 was 26.80%.

Meghna Petroleum Tax Rate % Historical Data

The historical data trend for Meghna Petroleum'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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Meghna Petroleum Tax Rate % Chart

Meghna Petroleum Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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24.83

25.02

22.57

20.02

23.51

Meghna Petroleum 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															20.34	19.23	28.62	25.15	26.80

Meghna Petroleum Tax Rate % Calculation

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

Meghna Petroleum'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 )
	=	1358.662	/	5780.059
	=	23.51 %

Meghna Petroleum'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 )
	=	358.713	/	1338.72
	=	26.80 %

Meghna Petroleum Tax Rate % Related Terms

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Meghna Petroleum (DHA:MPETROLEUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Meghna Petroleum Ltd (DHA:MPETROLEUM) » Definitions » Tax Rate %

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N/A

Address

58-59 Agrabad Commercial Area, Chittagong, BGD, 4100

Website

https://www.mpl.gov.bd

Meghna Petroleum Ltd is engaged in the business of petroleum oil and its related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments- petroleum products and lubricants oil and grease.

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