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Al Rashid Industrial Co (SAU:9580) Tax Rate % : 4.84% (As of Jun. 2024)


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What is Al Rashid Industrial Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al Rashid Industrial Co's Tax Expense for the six months ended in Jun. 2024 was ﷼1.0 Mil. Al Rashid Industrial Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼20.7 Mil. Therefore, Al Rashid Industrial Co's Tax Rate % for the quarter that ended in Jun. 2024 was 4.84%.

Al Rashid Industrial Co Tax Rate % Historical Data

The historical data trend for Al Rashid Industrial 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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Al Rashid Industrial Co Tax Rate % Chart

Al Rashid Industrial Co Annual Data
Trend Dec22 Dec23
Tax Rate %
8.63 8.16

Al Rashid Industrial Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Tax Rate % - 6.64 9.61 4.84

Al Rashid Industrial Co Tax Rate % Calculation

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

Al Rashid Industrial 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 )
=1.895/23.216
=8.16 %

Al Rashid Industrial 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 )
=1/20.654
=4.84 %

* 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.

Al Rashid Industrial Co Tax Rate % Related Terms

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Al Rashid Industrial Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Tax Rate %
Comparable Companies
SAU:2180 SAU:9576 SAU:3007 SAU:1201 SAU:2150 IP SW PKG AMCR AVY BALL CCK TSX:CCL.A XSWX:SIGN BERY GPK SLGN REYN SEE SON
Traded in Other Exchanges
N/A
Address
New Industrial City, 7960, Riyadh, SAU, 143322
Website
https://www.lastmade.com
Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co Headlines

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