Ocean Vantage Holdings Bhd (XKLS:0220) Tax Rate % : 34.91% (As of Dec. 2024)

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What is Ocean Vantage Holdings Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ocean Vantage Holdings Bhd's Tax Expense for the three months ended in Dec. 2024 was RM5.3 Mil. Ocean Vantage Holdings Bhd's Pre-Tax Income for the three months ended in Dec. 2024 was RM15.1 Mil. Therefore, Ocean Vantage Holdings Bhd's Tax Rate % for the quarter that ended in Dec. 2024 was 34.91%.

Ocean Vantage Holdings Bhd Tax Rate % Historical Data

The historical data trend for Ocean Vantage Holdings Bhd'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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Ocean Vantage Holdings Bhd Tax Rate % Chart

Ocean Vantage Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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29.93

28.84

126.11

-246.94

76.81

Ocean Vantage Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															23.46	-13.85	-7.79	29.22	34.91

Ocean Vantage Holdings Bhd Tax Rate % Calculation

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

Ocean Vantage Holdings Bhd's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	2.58	/	3.359
	=	76.81 %

Ocean Vantage Holdings Bhd's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	5.275	/	15.112
	=	34.91 %

Ocean Vantage Holdings Bhd Tax Rate % Related Terms

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Ocean Vantage Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Vantage Holdings Bhd (XKLS:0220) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuala Baram Land District, 1st & 2nd Floor, Block 11, Lot 6073 and 6074, Jalan Tudan, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000

Website

https://www.ovbhd.com

Ocean Vantage Holdings Bhd is engaged in the provision of support services for the oil and gas industry where it supports both the upstream and downstream oil and gas activities. The company operates through four segments: Engineering, procurement, and construction (EPC) and Project management, Supply of manpower, Supply of materials, tools and equipment, and Drilling rig charter. It generates the majority of its revenue from the Engineering, procurement, and construction (EPC) and Project management segment. The company's services include Equipment Rental, Repair and Maintenance; Overhaul, Inspection, Repair & Maintenance; Structural, Piping Replacement; Process Design and Installation, and others.

Ocean Vantage Holdings Bhd Headlines

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