MY E.G.Services Bhd (XKLS:0138) Tax Rate % : 0.37% (As of Sep. 2023)

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What is MY E.G.Services Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MY E.G.Services Bhd's Tax Expense for the three months ended in Sep. 2023 was RM0.4 Mil. MY E.G.Services Bhd's Pre-Tax Income for the three months ended in Sep. 2023 was RM120.5 Mil. Therefore, MY E.G.Services Bhd's Tax Rate % for the quarter that ended in Sep. 2023 was 0.37%.

MY E.G.Services Bhd Tax Rate % Historical Data

The historical data trend for MY E.G.Services 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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MY E.G.Services Bhd Tax Rate % Chart

MY E.G.Services Bhd Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec20

Dec21

Dec22

Tax Rate %

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0.49

0.71

0.66

1.24

0.98

MY E.G.Services Bhd Quarterly Data
	Dec17	Mar18	Dec18	Mar19	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															1.61	0.49	0.04	0.36	0.37

MY E.G.Services Bhd Tax Rate % Calculation

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

MY E.G.Services Bhd'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 )
	=	3.965	/	404.367
	=	0.98 %

MY E.G.Services Bhd's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.443	/	120.544
	=	0.37 %

MY E.G.Services Bhd Tax Rate % Related Terms

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MY E.G.Services Bhd (XKLS:0138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MY E.G.Services Bhd (XKLS:0138) » Definitions » Tax Rate %

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Address

No. 8, Jalan Damansara, PJU 8, Level 43A, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820

Website

https://www.myeg.com.my

MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is majorly engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. It also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services. It derives the majority of revenue from Malaysia.

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