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Atlas Elevators General Trading and Contracting Co (SAU:9578) Tax Rate % : 8.06% (As of Jun. 2024)


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What is Atlas Elevators General Trading and Contracting Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Atlas Elevators General Trading and Contracting Co's Tax Expense for the six months ended in Jun. 2024 was ﷼0.63 Mil. Atlas Elevators General Trading and Contracting Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼7.75 Mil. Therefore, Atlas Elevators General Trading and Contracting Co's Tax Rate % for the quarter that ended in Jun. 2024 was 8.06%.

Atlas Elevators General Trading and Contracting Co Tax Rate % Historical Data

The historical data trend for Atlas Elevators General Trading and Contracting 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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Atlas Elevators General Trading and Contracting Co Tax Rate % Chart

Atlas Elevators General Trading and Contracting Co Annual Data
Trend Dec22 Dec23
Tax Rate %
9.13 9.43

Atlas Elevators General Trading and Contracting Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Tax Rate % - 6.58 20.57 8.06

Atlas Elevators General Trading and Contracting Co Tax Rate % Calculation

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

Atlas Elevators General Trading and Contracting 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 )
=1.051/11.15
=9.43 %

Atlas Elevators General Trading and Contracting 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 )
=0.625/7.754
=8.06 %

* 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.

Atlas Elevators General Trading and Contracting Co Tax Rate % Related Terms

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Atlas Elevators General Trading and Contracting Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Atlas Elevators General Trading and Contracting Co (SAU:9578) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Area 223 Block1, Building 96, Beside fire station, Kuwait, SAU
Website
https://www.atlaslifts-sa.net
Atlas Elevators General Trading and Contracting Co is a company specializing in the supply, sale, installation and maintenance of the highest-quality elevators, hydraulic lifts and escalators, all conforming to European standards. It has has four Kuwaiti branches in Hawalli, Ardiya, Al Rai and Al Jahra also operate's in Saudi Arabia, Qatar, Bahrain and Oman.

Atlas Elevators General Trading and Contracting Co Headlines

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