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Mayar Holding Co (SAU:9568) Tax Rate % : 10.28% (As of Jun. 2024)


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What is Mayar Holding Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mayar Holding Co's Tax Expense for the six months ended in Jun. 2024 was ﷼0.2 Mil. Mayar Holding Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼1.9 Mil. Therefore, Mayar Holding Co's Tax Rate % for the quarter that ended in Jun. 2024 was 10.28%.


Mayar Holding Co Tax Rate % Historical Data

The historical data trend for Mayar Holding 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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Mayar Holding Co Tax Rate % Chart

Mayar Holding Co Annual Data
Trend Dec22 Dec23
Tax Rate %
63.13 -1.05

Mayar Holding Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % 2.81 -16.85 -1.52 -0.84 10.28

Mayar Holding Co Tax Rate % Calculation

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

Mayar Holding 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 )
=0.437/-41.438
=-1.05 %

Mayar Holding 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 )
=0.2/1.945
=10.28 %

* 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.


Mayar Holding Co Tax Rate % Related Terms

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Mayar Holding Co Business Description

Traded in Other Exchanges
N/A
Address
KSA Riyadh Olaya Street, PO Box 55024, Taya Commercial Center, Riyadh, SAU, 11534
Mayar Holding Co is a Saudi Arabia-based company. It engaged in managing subsidiaries of holding companies owning real estate and movables necessary for holding companies, providing loans, guarantees, and financing for subsidiaries of holding companies, and owning and leasing industrial property rights to subsidiaries of holding companies. It has three reportable segments Elevators and escalators segment, Feed and agriculture, and Plastic segment. The majority of its revenue comes from Feed and agriculture segment which produces compound feed for Poultry, Cattle, Poultry distribution, and sale.

Mayar Holding Co Headlines

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