Hainan Meilan International Airport Co (FRA:HAO) Tax Rate % : 8.98% (As of Jun. 2024)

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What is Hainan Meilan International Airport Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hainan Meilan International Airport Co's Tax Expense for the six months ended in Jun. 2024 was €-3.2 Mil. Hainan Meilan International Airport Co's Pre-Tax Income for the six months ended in Jun. 2024 was €-36.1 Mil. Therefore, Hainan Meilan International Airport Co's Tax Rate % for the quarter that ended in Jun. 2024 was 8.98%.

Hainan Meilan International Airport Co Tax Rate % Historical Data

The historical data trend for Hainan Meilan International Airport Co'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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Hainan Meilan International Airport Co Tax Rate % Chart

Hainan Meilan International Airport Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-3.08

-5.25

19.36

19.22

8.71

Hainan Meilan International Airport Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															27.89	18.98	19.34	8.98	8.09

Hainan Meilan International Airport Co Tax Rate % Calculation

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

Hainan Meilan International Airport Co'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 )
	=	-5.153	/	-26.809
	=	19.22 %

Hainan Meilan International Airport Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-3.24	/	-36.093
	=	8.98 %

Hainan Meilan International Airport Co Tax Rate % Related Terms

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Hainan Meilan International Airport Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Meilan International Airport Co Ltd (FRA:HAO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HMCTF:USA 00357:Hong Kong HAO:Germany

Address

Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126

Website

http://www.mlairport.com

Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport related business, advertising, car parking, cargo handling, and sales of consumable goods.