Noor Financial Investment Co (KUW:NOOR) Tax Rate % : 3.07% (As of Dec. 2024)

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What is Noor Financial Investment Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Noor Financial Investment Co's Tax Expense for the three months ended in Dec. 2024 was KWD0.33 Mil. Noor Financial Investment Co's Pre-Tax Income for the three months ended in Dec. 2024 was KWD10.71 Mil. Therefore, Noor Financial Investment Co's Tax Rate % for the quarter that ended in Dec. 2024 was 3.07%.

Noor Financial Investment Co Tax Rate % Historical Data

The historical data trend for Noor 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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Noor Financial Investment Co Tax Rate % Chart

Noor Financial Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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0.98

1.18

2.67

2.25

2.50

Noor 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															1.60	1.93	2.95	1.97	3.07

Noor Financial Investment Co Tax Rate % Calculation

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

Noor 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 )
	=	1.086	/	43.388
	=	2.50 %

Noor 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 )
	=	0.329	/	10.714
	=	3.07 %

Noor Financial Investment Co Tax Rate % Related Terms

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Noor Financial Investment Co Business Description

Industry

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Address

Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034

Website

https://www.noorinvestment.com

Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate, and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC, and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segments i.e. investment, Real Estate, IT services, and Hotel business.

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