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Softlogic Life Insurance (COL:AAIC.N0000) Tax Rate % : 28.64% (As of Mar. 2024)


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What is Softlogic Life Insurance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Softlogic Life Insurance's Tax Expense for the three months ended in Mar. 2024 was රු343 Mil. Softlogic Life Insurance's Pre-Tax Income for the three months ended in Mar. 2024 was රු1,196 Mil. Therefore, Softlogic Life Insurance's Tax Rate % for the quarter that ended in Mar. 2024 was 28.64%.

Softlogic Life Insurance Tax Rate % Historical Data

The historical data trend for Softlogic Life Insurance'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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Softlogic Life Insurance Tax Rate % Chart

Softlogic Life Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.54 28.58 29.03 33.43 11.22

Softlogic Life Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 38.88 28.73 26.23 -57.55 28.64

Softlogic Life Insurance Tax Rate % Calculation

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

Softlogic Life Insurance'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 )
=358.768/3197.171
=11.22 %

Softlogic Life Insurance's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=342.559/1196.172
=28.64 %

* 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.

Softlogic Life Insurance Tax Rate % Related Terms

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Softlogic Life Insurance (COL:AAIC.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Softlogic Life Insurance PLC (COL:AAIC.N0000) » Definitions » Tax Rate %
Comparable Companies
COL:JINS.N0000 SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET PRU SHSE:601601 TSX:MFC LSE:PRU TSX:GWO TPE:2881 TSE:8750 TPE:2882 BOM:540777 BOM:540719 TSX:POW SHSE:601336 GL
Traded in Other Exchanges
N/A
Address
One Galle Face Tower, Level 16, Colombo, LKA, 02
Website
https://www.softlogiclife.lk
Softlogic Life Insurance PLC is engaged in the insurance business. The company has operations in the sectors of retail, healthcare, information and communications technology (ICT), automobiles, leisure, and financial services. Its operating segment includes Policyholder Fund and Shareholder Fund. The company generates maximum revenue from the Policyholder Fund segment.

Softlogic Life Insurance (COL:AAIC.N0000) Headlines

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