The Okomu Oil Palm Co (NSA:OKMO) Tax Rate % : 47.80% (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is The Okomu Oil Palm Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Okomu Oil Palm Co's Tax Expense for the three months ended in Dec. 2024 was ₦5,435 Mil. The Okomu Oil Palm Co's Pre-Tax Income for the three months ended in Dec. 2024 was ₦11,369 Mil. Therefore, The Okomu Oil Palm Co's Tax Rate % for the quarter that ended in Dec. 2024 was 47.80%.

The Okomu Oil Palm Co Tax Rate % Historical Data

The historical data trend for The Okomu Oil Palm 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.

* Premium members only.

The Okomu Oil Palm Co Tax Rate % Chart

The Okomu Oil Palm Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

Get a 7-Day Free Trial

66.16

28.40

30.98

35.58

34.15

The Okomu Oil Palm 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															93.23	34.53	17.98	28.65	47.80

The Okomu Oil Palm Co Tax Rate % Calculation

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

The Okomu Oil Palm 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 )
	=	17777.781	/	52050.54
	=	34.15 %

The Okomu Oil Palm 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 )
	=	5434.715	/	11368.944
	=	47.80 %

The Okomu Oil Palm Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of The Okomu Oil Palm Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Okomu Oil Palm Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Okomu Oil Palm Co PLC (NSA:OKMO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Okomu-Udo, Ovia South West LGA, P.M.B, Benin, NGA, 1449

Website

https://www.okomunigeria.com

The Okomu Oil Palm Co PLC engages in the cultivation of oil palm and rubber in Nigeria. The company has three reportable segments; the Palm Plantation segment, which produces fresh fruit bunches, crude palm oil, and crude palm kernel; the Rubber Plantation segment, which produces latex and rubber cake; and the Palm Processing segment, which renders palm processing from the company's mill processing equipment. The company processes fresh fruit bunches into crude palm oil for resale, and rubber lumps to rubber cake for export. The company generates maximum revenue from Palm oil products and Rubber products.

The Okomu Oil Palm Co Headlines

No Headlines