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Gulf Petroleum Investment Co KSCC (KUW:GPI) Tax Rate % : 3.48% (As of Mar. 2024)


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What is Gulf Petroleum Investment Co KSCC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gulf Petroleum Investment Co KSCC's Tax Expense for the three months ended in Mar. 2024 was KWD0.31 Mil. Gulf Petroleum Investment Co KSCC's Pre-Tax Income for the three months ended in Mar. 2024 was KWD9.02 Mil. Therefore, Gulf Petroleum Investment Co KSCC's Tax Rate % for the quarter that ended in Mar. 2024 was 3.48%.

Gulf Petroleum Investment Co KSCC Tax Rate % Historical Data

The historical data trend for Gulf Petroleum Investment Co KSCC'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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Gulf Petroleum Investment Co KSCC Tax Rate % Chart

Gulf Petroleum Investment Co KSCC Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.75 -

Gulf Petroleum Investment Co KSCC 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 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 Premium Member Only Premium Member Only - - - - 3.48

Gulf Petroleum Investment Co KSCC Tax Rate % Calculation

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

Gulf Petroleum Investment Co KSCC'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 )
=0/-2.326
=0.00 %

Gulf Petroleum Investment Co KSCC'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 )
=0.314/9.018
=3.48 %

* 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.

Gulf Petroleum Investment Co KSCC Tax Rate % Related Terms

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Gulf Petroleum Investment Co KSCC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Petroleum Investment Co KSCC (KUW:GPI) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Al-Qibla, Block 5, Building 4, Floor 16, Office 10, Behbehani Real Estate Company, Kuwait City, KWT, 13086
Website
http://www.petrogulf.com.kw
Gulf Petroleum Investment Co KSCC is a company operating in the oil industry. It mainly focuses on services in the Oil, Gas and Petrochemical sectors with activities including Engineering and consulting for upstream and downstream related projects, Oilfield services drilling and Supply of all equipment.