Gulf Investment House KSC (ADX:GIH) Tax Rate % : 2.62% (As of Sep. 2024)

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What is Gulf Investment House KSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gulf Investment House KSC's Tax Expense for the three months ended in Sep. 2024 was د.إ0.41 Mil. Gulf Investment House KSC's Pre-Tax Income for the three months ended in Sep. 2024 was د.إ15.47 Mil. Therefore, Gulf Investment House KSC's Tax Rate % for the quarter that ended in Sep. 2024 was 2.62%.

Gulf Investment House KSC Tax Rate % Historical Data

The historical data trend for Gulf Investment House KSC'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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Gulf Investment House KSC Tax Rate % Chart

Gulf Investment House KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.88

8.27

3.53

5.08

3.33

Gulf Investment House KSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															1.74	3.30	7.04	3.55	2.62

Gulf Investment House KSC Tax Rate % Calculation

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

Gulf Investment House KSC'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 )
	=	1.192	/	35.783
	=	3.33 %

Gulf Investment House KSC's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.405	/	15.467
	=	2.62 %

Gulf Investment House KSC Tax Rate % Related Terms

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Gulf Investment House KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gulf Investment House KSC (ADX:GIH) » Definitions » Tax Rate %

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GIH:Kuwait

Address

Fadh Al Salem Street, Al Qibla, P.O. Box 28808, Block 6, Safat, Kuwait City, KWT, 13149

Website

http://www.gih.com.kw

Gulf Investment House KSC (GIH) is a financial services company. It is engaged in investment activities and related financial and advisory services. The company also trades and invests in properties. The company derives majority of its revenue from Investment. The operating segments of the group are Investments, Manufacturing and Real estate. It derives a majority of revenue from the Investments segment. It earns fees and commission income from a diverse range of asset management, investment banking, custody, and brokerage services provided to the customers.

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