Olympic Industries (DHA:OLYMPIC) Tax Rate % : 22.48% (As of Mar. 2024)

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What is Olympic Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Olympic Industries's Tax Expense for the three months ended in Mar. 2024 was BDT123 Mil. Olympic Industries's Pre-Tax Income for the three months ended in Mar. 2024 was BDT546 Mil. Therefore, Olympic Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 22.48%.

Olympic Industries Tax Rate % Historical Data

The historical data trend for Olympic Industries'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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Olympic Industries Tax Rate % Chart

Olympic Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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26.64

26.80

24.26

24.89

28.79

Olympic Industries 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															24.70	60.08	25.33	22.50	22.48

Olympic Industries Tax Rate % Calculation

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

Olympic Industries's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	629.087	/	2185.324
	=	28.79 %

Olympic Industries'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 )
	=	122.694	/	545.86
	=	22.48 %

Olympic Industries Tax Rate % Related Terms

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Olympic Industries (DHA:OLYMPIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Olympic Industries Ltd (DHA:OLYMPIC) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Amin Court, 6th Floor, 62-63, Motijheel Commercial Area, Dhaka, BGD, 1000

Website

http://www.olympicbd.com

Olympic Industries Ltd is a manufacturer, distributor, and marketer of biscuits and fast-moving consumer goods in Bangladesh. The company's products are distributed into biscuits including Energy Plus, Coconut Plus, First Choice, Crack Jack, Tim Tim, Marie Gold, Namkin among others; cookies and bakery including Badami cookies, dry cake and daily toast; confectionery including Green Mango, Ripe Mango, cool, energy, among others and batteries that include Olympic Gold, Olympic Laser, Olympic Heavy Duty, among others. It has two business units namely Battery and Biscuit and Other. The majority of its revenue is derived from the Biscuit and Other units.

Olympic Industries (DHA:OLYMPIC) Headlines

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