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United Mining Industries Co (SAU:9583) Tax Rate % : 2.37% (As of Jun. 2024)


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What is United Mining Industries Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. United Mining Industries Co's Tax Expense for the six months ended in Jun. 2024 was ﷼0.3 Mil. United Mining Industries Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼11.6 Mil. Therefore, United Mining Industries Co's Tax Rate % for the quarter that ended in Jun. 2024 was 2.37%.


United Mining Industries Co Tax Rate % Historical Data

The historical data trend for United Mining Industries 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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United Mining Industries Co Tax Rate % Chart

United Mining Industries Co Annual Data
Trend Dec22 Dec23
Tax Rate %
3.21 3.26

United Mining Industries Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Tax Rate % - 3.61 2.91 2.37

United Mining Industries Co Tax Rate % Calculation

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

United Mining Industries 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 )
=1.209/37.039
=3.26 %

United Mining Industries 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 )
=0.275/11.618
=2.37 %

* 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.


United Mining Industries Co Tax Rate % Related Terms

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United Mining Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Al Madinah Al Munawarah Street, Salamah District, Salamah Tower, Floor No. 4, Office No. 403, Jeddah, SAU, 23525
United Mining Industries Co is engaged in manufacturing and selling raw materials extracted from mines and mining of gypsum and anhydrite based on a license from the Ministry of Industry and Mineral Resources. It is one of the companies in the field of manufacturing gypsum and cement building materials and products in the Kingdom of Saudi Arabia. It offers products such as Gypsum Board, Fiber Cement Board, Gypsum Powder, and others. The company has three business segments: Fiber cement board, Gypsum board, and Others. It earns the majority of its revenue from Gypsum Board Segment.

United Mining Industries Co Headlines

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