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Afarak Group SE (OHEL:AFAGR) Tax Rate % : 71.44% (As of Jun. 2024)


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What is Afarak Group SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Afarak Group SE's Tax Expense for the six months ended in Jun. 2024 was €1.3 Mil. Afarak Group SE's Pre-Tax Income for the six months ended in Jun. 2024 was €1.9 Mil. Therefore, Afarak Group SE's Tax Rate % for the quarter that ended in Jun. 2024 was 71.44%.


Afarak Group SE Tax Rate % Historical Data

The historical data trend for Afarak Group SE'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.

Afarak Group SE Tax Rate % Chart

Afarak Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.40 14.81 78.77 9.10 16.43

Afarak Group SE Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.20 11.57 13.89 -151.09 71.44

Afarak Group SE Tax Rate % Calculation

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

Afarak Group SE's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1.966/11.965
=16.43 %

Afarak Group SE's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=1.338/1.873
=71.44 %

* 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.


Afarak Group SE Tax Rate % Related Terms

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Afarak Group SE Business Description

Traded in Other Exchanges
N/A
Address
Kaisaniemenkatu 4, Helsinki, FIN, 00100
Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Vlakpoort mine, Zeerust mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

Afarak Group SE Headlines

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