Kuwait Real Estate Co (KUW:KRE) Tax Rate % : 4.87% (As of Dec. 2024)

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What is Kuwait Real Estate Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait Real Estate Co's Tax Expense for the three months ended in Dec. 2024 was KWD0.15 Mil. Kuwait Real Estate Co's Pre-Tax Income for the three months ended in Dec. 2024 was KWD3.04 Mil. Therefore, Kuwait Real Estate Co's Tax Rate % for the quarter that ended in Dec. 2024 was 4.87%.

Kuwait Real Estate Co Tax Rate % Historical Data

The historical data trend for Kuwait Real Estate 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 Real Estate Co Tax Rate % Chart

Kuwait Real Estate Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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3.79

3.74

3.77

4.89

4.57

Kuwait Real Estate 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															11.78	4.07	4.69	5.64	4.87

Kuwait Real Estate Co Tax Rate % Calculation

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

Kuwait Real Estate 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 )
	=	0.744	/	16.289
	=	4.57 %

Kuwait Real Estate 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 )
	=	0.148	/	3.038
	=	4.87 %

Kuwait Real Estate Co Tax Rate % Related Terms

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Kuwait Real Estate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Real Estate Co (KUW:KRE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Darwazat Abdul Razak Street, P.O Box 1257, 8th Floor, Block B, Souk Al Kuwait Building, Safat, Kuwait City, KWT, 13013

Website

https://www.aqarat.com.kw

Kuwait Real Estate Co is a Kuwait-based shareholding company that operates in the real estate sector. It is engaged in dealing with a range of real estate activities, including the sale, purchase, renting out, and leasing of lands and real estate properties, erecting buildings, prepare and implementing studies of private and public real estate projects. It has three operating segments: real estate, investment and services. The real estate segment contributes to the majority of the revenue. Its geographical segments are Kuwait; Other Middle Eastern Countries; the United States, Europe, and other countries.