Velesto Energy Bhd (XKLS:5243) Tax Rate % : 16.50% (As of Dec. 2023)

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What is Velesto Energy Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Velesto Energy Bhd's Tax Expense for the three months ended in Dec. 2023 was RM13 Mil. Velesto Energy Bhd's Pre-Tax Income for the three months ended in Dec. 2023 was RM80 Mil. Therefore, Velesto Energy Bhd's Tax Rate % for the quarter that ended in Dec. 2023 was 16.50%.

Velesto Energy Bhd Tax Rate % Historical Data

The historical data trend for Velesto Energy 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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Velesto Energy Bhd Tax Rate % Chart

Velesto Energy Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.18

-3.09

-9.82

-22.79

17.90

Velesto Energy Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-141.04	8.19	23.42	61.37	16.50

Velesto Energy Bhd Tax Rate % Calculation

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

Velesto Energy Bhd'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 )
	=	21.703	/	121.228
	=	17.90 %

Velesto Energy Bhd's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	13.181	/	79.865
	=	16.50 %

Velesto Energy Bhd Tax Rate % Related Terms

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Velesto Energy Bhd (XKLS:5243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velesto Energy Bhd (XKLS:5243) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, MYS, 50470

Website

https://www.velesto.com

Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia, Indonesia, and Singapore.

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