Palms Agro Production Co (KUW:PAPCO) Tax Rate % : 4.14% (As of Dec. 2024)

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What is Palms Agro Production Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Palms Agro Production Co's Tax Expense for the three months ended in Dec. 2024 was KWD0.02 Mil. Palms Agro Production Co's Pre-Tax Income for the three months ended in Dec. 2024 was KWD0.36 Mil. Therefore, Palms Agro Production Co's Tax Rate % for the quarter that ended in Dec. 2024 was 4.14%.

Palms Agro Production Co Tax Rate % Historical Data

The historical data trend for Palms Agro Production 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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Palms Agro Production Co Tax Rate % Chart

Palms Agro Production Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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1.47

4.07

Palms Agro Production 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															-	7.14	2.70	4.69	4.14

Palms Agro Production Co Tax Rate % Calculation

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

Palms Agro Production 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 )
	=	0.022	/	0.541
	=	4.07 %

Palms Agro Production 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 )
	=	0.015	/	0.362
	=	4.14 %

Palms Agro Production Co Tax Rate % Related Terms

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Palms Agro Production Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Palms Agro Production Co (KUW:PAPCO) » Definitions » Tax Rate %

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Address

Al Rai- Fourth Ring Road, P.O Box: 1976, Block 56, Safat, Kuwait, KWT, 13020

Website

https://www.palms-kw.com

Palms Agro Production Co is engaged in the business of import and export of agricultural supplies, management of nurseries and farms and reclamation and developing of agricultural land among other businesses. It operates in Commercial, Projects, and Investment segments. The Commercial segment includes the production and sale of nurseries and ornamental plants. The Project segment provides gardening and maintenance services. The investment in an associate, term deposits and equity securities. Majority of the revenue comes from Commercial segment.

Palms Agro Production Co Headlines

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