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Vetece Holdings Bhd (XKLS:0319) Tax Rate % : 52.86% (As of Aug. 2024)


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What is Vetece Holdings Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vetece Holdings Bhd's Tax Expense for the six months ended in Aug. 2024 was RM1.18 Mil. Vetece Holdings Bhd's Pre-Tax Income for the six months ended in Aug. 2024 was RM2.24 Mil. Therefore, Vetece Holdings Bhd's Tax Rate % for the quarter that ended in Aug. 2024 was 52.86%.

Vetece Holdings Bhd Tax Rate % Historical Data

The historical data trend for Vetece 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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Vetece Holdings Bhd Tax Rate % Chart

Vetece Holdings Bhd Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Tax Rate %
23.96 24.91 24.55 52.86

Vetece Holdings Bhd Semi-Annual Data
Aug21 Aug22 Aug23 Aug24
Tax Rate % 23.96 24.91 24.55 52.86

Vetece Holdings Bhd Tax Rate % Calculation

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

Vetece Holdings Bhd's Tax Rate % for the fiscal year that ended in Aug. 2024 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2024 )/Pre-Tax Income (A: Aug. 2024 )
=1.182/2.236
=52.86 %

Vetece Holdings Bhd's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2024 )/Pre-Tax Income (Q: Aug. 2024 )
=1.182/2.236
=52.86 %

* 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.

Vetece Holdings Bhd Tax Rate % Related Terms

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Vetece Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Vetece Holdings Bhd (XKLS:0319) » Definitions » Tax Rate %
Comparable Companies
XKLS:0281 XKLS:0106 XKLS:5036 XKLS:8338 XKLS:0343 XKLS:5011 XKLS:9075 XKLS:0131 XKLS:0126 XKLS:0020 IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH FIS CTSH TSE:6702 XMAD:AMS
Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kerinchi, E-32-3A and E-32-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Website
https://www.vtcholding.com
Vetece Holdings Bhd is an investment holding company. Through its subsidiaries, it is principally an enterprise IT solutions provider, providing implementation services, maintenance, support and professional services as well as resale of hardware and software. The company assists its clients in the implementation process involving design, installation, customization and configuration, data integration, testing and deployment of the enterprise IT solutions to ensure that it seamlessly integrates with clients' systems. Post-implementation process, It will continue to provide ongoing support through maintenance, support and professional services which include maintenance and upgrades of the systems, as well as providing training to clients' employees.

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