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Palms Sports PJSC (ADX:PALMS) Tax Rate % : 13.85% (As of Dec. 2024)


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What is Palms Sports PJSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Palms Sports PJSC's Tax Expense for the three months ended in Dec. 2024 was د.إ5 Mil. Palms Sports PJSC's Pre-Tax Income for the three months ended in Dec. 2024 was د.إ38 Mil. Therefore, Palms Sports PJSC's Tax Rate % for the quarter that ended in Dec. 2024 was 13.85%.


Palms Sports PJSC Tax Rate % Historical Data

The historical data trend for Palms Sports PJSC'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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Palms Sports PJSC Tax Rate % Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Tax Rate %
- - 0.02 10.16

Palms Sports PJSC Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 7.73 8.50 8.81 13.85

Palms Sports PJSC Tax Rate % Calculation

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

Palms Sports PJSC'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 )
=12.344/121.525
=10.16 %

Palms Sports PJSC'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 )
=5.213/37.636
=13.85 %

* 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.


Palms Sports PJSC Tax Rate % Related Terms

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Palms Sports PJSC Business Description

Traded in Other Exchanges
N/A
Address
Eastern Ring Road, 4th Floor, Royal Group Head Office, P.O. 39877, Ministries Complex, Abu Dhabi, ARE
Palms Sports PJSC is a sports management and marketing company. It trades sports goods and provides sports enterprise investment, institution and management, and security guard services. The company has two reportable segments: income from guarding and cleaning services and Income from coaching and training services.

Palms Sports PJSC Headlines

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