Titan Petrochemicals Group (FRA:TIP1) Tax Rate % : 0.00% (As of Jun. 2020)

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What is Titan Petrochemicals Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Titan Petrochemicals Group's Tax Expense for the six months ended in Jun. 2020 was €0.00 Mil. Titan Petrochemicals Group's Pre-Tax Income for the six months ended in Jun. 2020 was €-1.40 Mil. Therefore, Titan Petrochemicals Group's Tax Rate % for the quarter that ended in Jun. 2020 was 0.00%.

Titan Petrochemicals Group Tax Rate % Historical Data

The historical data trend for Titan Petrochemicals Group'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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Titan Petrochemicals Group Tax Rate % Chart

Titan Petrochemicals Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Tax Rate %

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0.56

0.29

-2.45

0.87

-0.40

Titan Petrochemicals Group Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Tax Rate %	Get a 7-Day Free Trial															0.59	0.97	-2.91	-0.56	-

Titan Petrochemicals Group Tax Rate % Calculation

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

Titan Petrochemicals Group's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2019 )	/	Pre-Tax Income (A: Dec. 2019 )
	=	-0.752	/	189.164
	=	-0.40 %

Titan Petrochemicals Group's Tax Rate % for the quarter that ended in Jun. 2020 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2020 )	/	Pre-Tax Income (Q: Jun. 2020 )
	=	0	/	-1.397
	=	0.00 %

Titan Petrochemicals Group Tax Rate % Related Terms

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Titan Petrochemicals Group (FRA:TIP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Titan Petrochemicals Group Ltd (FRA:TIP1) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Hennessy Road, Room 802, 8th Floor, OfficePlus@Wan Chai, Wanchai, Hong Kong, HKG

Website

http://www.petrotitan.com

Titan Petrochemicals Group Ltd is principally engaged in the business of construction and repair of the ship, and upstream and downstream oil and gas business. It is also engaged in providing logistics, transportation, distribution, and marine services for petrochemical products in the Asia Pacific region. It operates through two business units: Trading of commodities; and Shipbuilding, ship repairing and manufacturing of steel structure. It earns all its revenues from China.

Titan Petrochemicals Group (FRA:TIP1) Headlines

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