Kuwait Projects Co Holding KSC (KUW:KPROJ) Tax Rate % : 56.59% (As of Dec. 2024)

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What is Kuwait Projects Co Holding KSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait Projects Co Holding KSC's Tax Expense for the three months ended in Dec. 2024 was KWD10.0 Mil. Kuwait Projects Co Holding KSC's Pre-Tax Income for the three months ended in Dec. 2024 was KWD17.7 Mil. Therefore, Kuwait Projects Co Holding KSC's Tax Rate % for the quarter that ended in Dec. 2024 was 56.59%.

Kuwait Projects Co Holding KSC Tax Rate % Historical Data

The historical data trend for Kuwait Projects Co Holding KSC'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 Projects Co Holding KSC Tax Rate % Chart

Kuwait Projects Co Holding KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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99.61

32.29

103.86

203.25

32.83

Kuwait Projects Co Holding KSC 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															-20.14	26.96	35.72	21.31	56.59

Kuwait Projects Co Holding KSC Tax Rate % Calculation

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

Kuwait Projects Co Holding KSC'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 )
	=	34.411	/	104.801
	=	32.83 %

Kuwait Projects Co Holding KSC'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 )
	=	10.026	/	17.718
	=	56.59 %

Kuwait Projects Co Holding KSC Tax Rate % Related Terms

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Kuwait Projects Co Holding KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kuwait Projects Co Holding KSC (KUW:KPROJ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

KIPCO Tower, Khalid Bin Al Waleed Street, Sharq, P.O. Box 23982, Safat, Kuwait City, KWT, 13100

Website

https://www.kipco.com

Kuwait Projects Co Holding KSC is an investment holding company operating in a sector such as financial services, manufacturing, and real estate. The business activity of the firm functions through various segments which include Commercial Banking, Asset Management, Investment Banking, Insurance, Media & Satellite Services, Industrial, Hospitality and Real Estate, and others. It generates maximum revenue from the Commercial banking segment. Geographic areas of operation include Kuwait, the Rest of GCC, the Rest of the Middle East and North Africa, North America and Europe.

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