Ceylinco Insurance (COL:CINS.X0000) Tax Rate % : 29.77% (As of Sep. 2023)

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What is Ceylinco Insurance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ceylinco Insurance's Tax Expense for the three months ended in Sep. 2023 was රු892 Mil. Ceylinco Insurance's Pre-Tax Income for the three months ended in Sep. 2023 was රු2,996 Mil. Therefore, Ceylinco Insurance's Tax Rate % for the quarter that ended in Sep. 2023 was 29.77%.

Ceylinco Insurance Tax Rate % Historical Data

The historical data trend for Ceylinco 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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Ceylinco Insurance Tax Rate % Chart

Ceylinco Insurance Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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21.68

20.52

21.28

20.30

18.58

Ceylinco Insurance Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															17.69	15.77	27.08	32.24	29.77

Ceylinco Insurance Tax Rate % Calculation

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

Ceylinco Insurance'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 )
	=	3025.115	/	16281.006
	=	18.58 %

Ceylinco Insurance'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 )
	=	891.979	/	2995.791
	=	29.77 %

Ceylinco Insurance Tax Rate % Related Terms

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Ceylinco Insurance (COL:CINS.X0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ceylinco Insurance PLC (COL:CINS.X0000) » Definitions » Tax Rate %

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CINS.N0000:Sri Lanka

Address

No. 69, Janadhipathi Mawatha, Ceylinco House, Colombo, LKA, 01

Website

https://www.ceylincoinsuranceplc.com

Ceylinco Insurance PLC is engaged in seven business segments. The Life Insurance segment, which is the key revenue driver, offers whole-life products, term products, universal life products, and mortgage protection products. The Non-Life Insurance segment includes motor, fire, engineering, marine, and miscellaneous. The Healthcare segment includes a center for Cancer screening, Radiation treatment units, and a Diabetes center. The Maldives Foreign operations include non-life insurance products in Maldives. The Education Services segment includes primary, secondary, and high education courses. The Power generation segment generates and distributes hydropower to the national grid. Other segment includes investment holding, associate business, investment management & hotel services.

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