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ORIS (Oriental Rise Holdings) Tax Rate % : -2.38% (As of Jun. 2024)


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What is Oriental Rise Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oriental Rise Holdings's Tax Expense for the six months ended in Jun. 2024 was $-0.05 Mil. Oriental Rise Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was $2.14 Mil. Therefore, Oriental Rise Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was -2.38%.

Oriental Rise Holdings Tax Rate % Historical Data

The historical data trend for Oriental Rise Holdings'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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Oriental Rise Holdings Tax Rate % Chart

Oriental Rise Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.39 1.40 0.74 -1.04

Oriental Rise Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 0.65 1.01 -0.84 -1.59 -2.38

Oriental Rise Holdings Tax Rate % Calculation

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

Oriental Rise Holdings'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 )
=-0.118/11.383
=-1.04 %

Oriental Rise Holdings'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 )
=-0.051/2.14
=-2.38 %

* 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.

Oriental Rise Holdings Tax Rate % Related Terms

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Oriental Rise Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oriental Rise Holdings Ltd (NAS:ORIS) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 48 Xianyu Road, Shuangcheng Town, Zherong County, Fujian Province, Ningde, CHN
Website
Oriental Rise Holdings Ltd is a company who is an integrated supplier of tea products in Mainland China. Their major tea products include primarily-processed tea consisting of white tea and black tea, and refined white tea and black tea. Its business operations are vertically integrated, covering cultivation, processing of tea leaves and the sale of tea products to tea business operators (such as wholesale distributors) and end-user retail customers in Mainland China.