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Meyar Co (SAU:9565) Tax Rate % : -2.11% (As of Jun. 2024)


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What is Meyar Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meyar Co's Tax Expense for the six months ended in Jun. 2024 was ﷼0.05 Mil. Meyar Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼-2.47 Mil. Therefore, Meyar Co's Tax Rate % for the quarter that ended in Jun. 2024 was -2.11%.

Meyar Co Tax Rate % Historical Data

The historical data trend for Meyar 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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Meyar Co Tax Rate % Chart

Meyar Co Annual Data
Trend Dec22 Dec23
Tax Rate %
3.80 12.84

Meyar Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % 2.72 6.37 -5.83 7.13 -2.11

Meyar Co Tax Rate % Calculation

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

Meyar 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 )
=0.22/1.714
=12.84 %

Meyar 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 )
=0.052/-2.465
=-2.11 %

* 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.

Meyar Co Tax Rate % Related Terms

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Meyar Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Meyar Co (SAU:9565) » Definitions » Tax Rate %
Comparable Companies
SAU:9514 SAU:9566 SAU:9575 XSWX:HOLN CRH BOM:532538 XTER:HEI VMC MLM NSE:GRASIM SHSE:600585 BOM:500425 BOM:500387 ASX:JHX MIL:BZU MEX:CEMEXCPO TPE:1101 EXP SHSE:600176 SZSE:000877
Traded in Other Exchanges
N/A
Address
Prince Badr Bin Abdul Aziz Street, Majma'a - Al-Basira, Building No. 3467, Harmah, SAU, 15363
Website
https://www.meyar.sa
Meyar Co engages in the manufacture of hollow cement blocks and bricks, ready-mixed concrete, and precast insulated concrete. It also engages in the general construction of residential buildings, non-residential buildings, such as schools, hospitals, hotels, and government buildings.

Meyar Co Headlines

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