Texton Property Fund (JSE:TEX) Tax Rate % : -67.00% (As of Jun. 2024)

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What is Texton Property Fund Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Texton Property Fund's Tax Expense for the six months ended in Jun. 2024 was R-5.2 Mil. Texton Property Fund's Pre-Tax Income for the six months ended in Jun. 2024 was R7.7 Mil. Therefore, Texton Property Fund's Tax Rate % for the quarter that ended in Jun. 2024 was -67.00%.

Texton Property Fund Tax Rate % Historical Data

The historical data trend for Texton Property Fund'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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Texton Property Fund Tax Rate % Chart

Texton Property Fund Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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-112.27

-4.14

20.28

63.50

3.04

Texton Property Fund Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															20.21	35.27	50.26	-21.48	-67.00

Texton Property Fund Tax Rate % Calculation

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

Texton Property Fund's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2024 )	/	Pre-Tax Income (A: Jun. 2024 )
	=	-0.437	/	-14.386
	=	3.04 %

Texton Property Fund'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 )
	=	-5.192	/	7.749
	=	-67.00 %

Texton Property Fund Tax Rate % Related Terms

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Texton Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Texton Property Fund Ltd (JSE:TEX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

Website

https://www.texton.co.za

Texton Property Fund Ltd is a property investment fund. It invests directly in income-producing office properties that offer attractive income and capital appreciation. The overall objective of the fund is to grow its asset base, by investing in well priced, income and quality enhancing investment properties to optimize returns over time for shareholders. It holds an interest in properties such as Alrode industrial park, Babcock House, Bawtry 270, Belvedere place, Bonmarche and Poundland, Bryanston gate office park, and many others. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and International investments. Direct property investments are split into office, retail and industrial.