Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Tax Rate % : 5.06% (As of Dec. 2024)

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What is Kuwait And Middle East Financial Investment Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait And Middle East Financial Investment Co's Tax Expense for the three months ended in Dec. 2024 was KWD0.03 Mil. Kuwait And Middle East Financial Investment Co's Pre-Tax Income for the three months ended in Dec. 2024 was KWD0.49 Mil. Therefore, Kuwait And Middle East Financial Investment Co's Tax Rate % for the quarter that ended in Dec. 2024 was 5.06%.

Kuwait And Middle East Financial Investment Co Tax Rate % Historical Data

The historical data trend for Kuwait And Middle East Financial Investment 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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Kuwait And Middle East Financial Investment Co Tax Rate % Chart

Kuwait And Middle East Financial Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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3.88

4.16

7.77

2.81

Kuwait And Middle East Financial Investment Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-	4.18	8.20	1.41	5.06

Kuwait And Middle East Financial Investment Co Tax Rate % Calculation

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

Kuwait And Middle East Financial Investment Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	0.102	/	3.624
	=	2.81 %

Kuwait And Middle East Financial Investment Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0.025	/	0.494
	=	5.06 %

Kuwait And Middle East Financial Investment Co Tax Rate % Related Terms

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Kuwait And Middle East Financial Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Street, Khalid Tower, Block 1, Floor 5, Al-Qibla – First Commercial District, Kuwait, KWT, 13009

Website

https://www.kmefic.com

Kuwait And Middle East Financial Investment Co is a Kuwait-based asset management company. The business activity of the group functions through Asset Management, Brokerage and Online Trading, Credit Operations, and Investment, Real Estate and Treasury segments, and Rental and leasing activities. The Asset Management segment is engaged in providing third-party fund and portfolio management services on a fiduciary basis. Besides, the firm is also engaged in other activities such as providing margin loans, money market placements, real estate activities, and proprietary trading in equity stocks and funds. Geographically, the business presence of the firm is seen in both Kuwait and the international market.

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