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RioZim (XZIM:RIOZ.ZW) Tax Rate % : 22.72% (As of Dec. 2024)


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What is RioZim Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. RioZim's Tax Expense for the six months ended in Dec. 2024 was ZWG-136.1 Mil. RioZim's Pre-Tax Income for the six months ended in Dec. 2024 was ZWG-598.8 Mil. Therefore, RioZim's Tax Rate % for the quarter that ended in Dec. 2024 was 22.72%.


RioZim Tax Rate % Historical Data

The historical data trend for RioZim'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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RioZim Tax Rate % Chart

RioZim Annual Data
Trend Dec23 Dec24
Tax Rate %
61.10 18.17

RioZim Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Tax Rate % 9.75 101.80 2.04 22.72

RioZim Tax Rate % Calculation

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

RioZim's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-139.513/-767.986
=18.17 %

RioZim's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=-136.055/-598.818
=22.72 %

* 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.


RioZim Tax Rate % Related Terms

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RioZim Business Description

Traded in Other Exchanges
N/A
Address
No.1 Kenilworth Road, Highlands, Harare, ZWE
RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. The gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of its revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, the Dalny Mine based in Chakari, the Cam and Motor gold and the Empress Nickel Refinery mine in Kadoma.

RioZim Headlines

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