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LH Group (HKSE:01978) Tax Rate % : 17.26% (As of Jun. 2024)


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What is LH Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LH Group's Tax Expense for the six months ended in Jun. 2024 was HK$-6 Mil. LH Group's Pre-Tax Income for the six months ended in Jun. 2024 was HK$-32 Mil. Therefore, LH Group's Tax Rate % for the quarter that ended in Jun. 2024 was 17.26%.


LH Group Tax Rate % Historical Data

The historical data trend for LH 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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LH Group Tax Rate % Chart

LH Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 12.67 7.98 15.68 16.61

LH Group Semi-Annual Data
Dec15 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 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 15.08 15.40 16.00 17.26 13.38

LH Group Tax Rate % Calculation

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

LH Group'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 )
=16.377/104.442
=15.68 %

LH Group'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 )
=-5.534/-32.069
=17.26 %

* 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.


LH Group Tax Rate % Related Terms

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LH Group Business Description

Traded in Other Exchanges
N/A
Address
38 Wang Chiu Road, Unit 03, L22, Tower 1, Enterprise Square Five, Kowloon Bay, Kowloon, HKG
LH Group Ltd is engaged as full-service restaurants operator serving Asian cuisine, including Japanese, Korean, Cantonese and Shanghainese cuisine in Hong Kong. Its segments include Cantonese cuisine - self-owned brands, Asian cuisine - franchised brands, Asian cuisine - self-owned brands, and Sale of food ingredients & others. The majority of its revenue comes from the Asian cuisine - franchised brands segment, which operation of Asian cuisine restaurants under the franchised Gyu-Kaku, On-Yasai, Gyu-Kaku Jinan-Bou and Yoogane brands. It operates primarily in Hong Kong.
Executives
Chan Wai Chun
Lam Kwan Ying
Ko Cheuk Kuen
Ko Sau Chee Grace
Hop Kwan Holdings Limited
Lhg Holdings Limited
Lau Kwong Kwan
Liu Cheung
Liu Chi Hung Peter
Wong Kit Lung Simon
Wong Yiu Hung

LH Group Headlines

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