Red Sea International Co (SAU:4230) Tax Rate % : 30.20% (As of Mar. 2024)

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What is Red Sea International Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Red Sea International Co's Tax Expense for the three months ended in Mar. 2024 was ﷼7 Mil. Red Sea International Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼23 Mil. Therefore, Red Sea International Co's Tax Rate % for the quarter that ended in Mar. 2024 was 30.20%.

Red Sea International Co Tax Rate % Historical Data

The historical data trend for Red Sea International 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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Red Sea International Co Tax Rate % Chart

Red Sea International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-7.01

-5.65

-9.88

-1.34

17.63

Red Sea International Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-11.47	-8.28	-10.63	-1.68	30.20

Red Sea International Co Tax Rate % Calculation

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

Red Sea International Co'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 )
	=	3.336	/	18.923
	=	17.63 %

Red Sea International Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	6.968	/	23.072
	=	30.20 %

Red Sea International Co Tax Rate % Related Terms

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Red Sea International Co (SAU:4230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Red Sea International Co (SAU:4230) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport street, Riyadh Front, P.O Box 9371, Al-Rimal District, Riyadh, SAU, 21431

Website

https://www.redseahousing.com

Red Sea International Co provides modular living and working environments for industrial and residential communities. It provides civil contracting for commercial and residential buildings; offers real estate property investment and development; production of paints, coatings, construction machinery, and equipment; repair and maintenance services. The company has three reportable segments: Non-concrete residential and commercial buildings being the highest revenue driver; Rentals from investment properties; Paints and related services. It has a presence in Saudi Arabia, Ghana, United Arab Emirates, Papua New Guinea, Algeria, and others.

Red Sea International Co (SAU:4230) Headlines

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