Horizon Foods Co (SAU:9564) Tax Rate % : 1.38% (As of Dec. 2023)

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What is Horizon Foods Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Horizon Foods Co's Tax Expense for the six months ended in Dec. 2023 was ﷼0.09 Mil. Horizon Foods Co's Pre-Tax Income for the six months ended in Dec. 2023 was ﷼6.73 Mil. Therefore, Horizon Foods Co's Tax Rate % for the quarter that ended in Dec. 2023 was 1.38%.

Horizon Foods Co Tax Rate % Historical Data

The historical data trend for Horizon Foods 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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Horizon Foods Co Tax Rate % Chart

Horizon Foods Co Annual Data

Trend

Dec22

Dec23

Tax Rate %

5.91

2.56

Horizon Foods Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Tax Rate %	5.28	6.60	5.43	1.38

Horizon Foods Co Tax Rate % Calculation

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

Horizon Foods 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 )
	=	0.243	/	9.492
	=	2.56 %

Horizon Foods Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.093	/	6.732
	=	1.38 %

Horizon Foods Co Tax Rate % Related Terms

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Horizon Foods Co (SAU:9564) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Horizon Foods Co (SAU:9564) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Third Industrial Area Zone G, Dammam, SAU

Website

https://www.horizonfood.sa

Horizon Foods Co engages in the production, manufacturing, processing, cutting, packaging, and shaping of meat and poultry, and its main activity is in the manufacture of shawarma molds. Its product offerings comprise meat shawarma, Doner Kabab, and Chicken Shawarma.

Horizon Foods Co (SAU:9564) Headlines

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