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Food Gate Trading Co (SAU:9562) Tax Rate % : 2.01% (As of Jun. 2024)


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What is Food Gate Trading Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Food Gate Trading Co's Tax Expense for the six months ended in Jun. 2024 was ﷼0.08 Mil. Food Gate Trading Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼3.97 Mil. Therefore, Food Gate Trading Co's Tax Rate % for the quarter that ended in Jun. 2024 was 2.01%.

Food Gate Trading Co Tax Rate % Historical Data

The historical data trend for Food Gate Trading 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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Food Gate Trading Co Tax Rate % Chart

Food Gate Trading Co Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- 2.83 -2.80

Food Gate Trading Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 1.23 7.75 1.90 -7.25 2.01

Food Gate Trading Co Tax Rate % Calculation

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

Food Gate Trading 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 )
=-0.242/8.642
=-2.80 %

Food Gate Trading Co'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 )
=0.08/3.972
=2.01 %

* 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.

Food Gate Trading Co Tax Rate % Related Terms

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Food Gate Trading Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Food Gate Trading Co (SAU:9562) » Definitions » Tax Rate %
Comparable Companies
SAU:9617 SAU:9567 SAU:6012 SAU:6013 MCD SBUX CMG LSE:CPG YUM DRI TSX:QSP.UN TSX:QSR YUMC DPZ CAVA TXRH HKSE:06862 BROS TSE:7550 LKNCY
Traded in Other Exchanges
N/A
Address
Wadi Al-Shati Street, PO Box. 12018, Alghadir, Riyadh, SAU, 13311
Website
https://www.foodsgate.sa
Food Gate Trading Co is a Saudi-owned food and beverage company, dedicated to creating signature dining concepts across a range of cuisines and culinary experiences at dining outlets.

Food Gate Trading Co Headlines

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