Mieco Chipboard Bhd (XKLS:5001) Tax Rate % : 16.81% (As of Dec. 2024)

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What is Mieco Chipboard Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mieco Chipboard Bhd's Tax Expense for the three months ended in Dec. 2024 was RM1.4 Mil. Mieco Chipboard Bhd's Pre-Tax Income for the three months ended in Dec. 2024 was RM8.6 Mil. Therefore, Mieco Chipboard Bhd's Tax Rate % for the quarter that ended in Dec. 2024 was 16.81%.

Mieco Chipboard Bhd Tax Rate % Historical Data

The historical data trend for Mieco Chipboard 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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Mieco Chipboard Bhd Tax Rate % Chart

Mieco Chipboard Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-14.67

-19.72

-10.64

-3.94

47.18

Mieco Chipboard 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															-16.91	-2.44	-1.61	14.07	16.81

Mieco Chipboard Bhd Tax Rate % Calculation

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

Mieco Chipboard 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 )
	=	1.372	/	2.908
	=	47.18 %

Mieco Chipboard 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 )
	=	1.44	/	8.567
	=	16.81 %

Mieco Chipboard Bhd Tax Rate % Related Terms

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Mieco Chipboard Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mieco Chipboard Bhd (XKLS:5001) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Indah 2/6, No. 1, Block C, Taman Indah, Batu 11, Cheras, SGR, MYS, 43200

Website

https://www.mieco.com.my

Mieco Chipboard Bhd is an investment holding company. It is also engaged in the provision of management services. The core business includes the manufacturing and distribution of particle boards also known as chipboards, with the primary focus on plain boards and melamine-faced boards. In addition, its other operation comprises investment holding. Its product includes mieco plain board and mieco decorative melamine-faced chipboard. These products are commonly used as core materials for home and office furniture. Geographically company operates across Malaysia, Hong Kong, and China, and others.

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