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Magni-Tech Industries Bhd (XKLS:7087) Tax Rate % : 23.40% (As of Jan. 2025)


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What is Magni-Tech Industries Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magni-Tech Industries Bhd's Tax Expense for the three months ended in Jan. 2025 was RM12 Mil. Magni-Tech Industries Bhd's Pre-Tax Income for the three months ended in Jan. 2025 was RM52 Mil. Therefore, Magni-Tech Industries Bhd's Tax Rate % for the quarter that ended in Jan. 2025 was 23.40%.

Magni-Tech Industries Bhd Tax Rate % Historical Data

The historical data trend for Magni-Tech Industries 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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Magni-Tech Industries Bhd Tax Rate % Chart

Magni-Tech Industries Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.57 23.06 21.64 24.01 23.85

Magni-Tech Industries Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.86 24.84 23.65 26.80 23.40

Magni-Tech Industries Bhd Tax Rate % Calculation

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

Magni-Tech Industries Bhd's Tax Rate % for the fiscal year that ended in Apr. 2024 is calculated as

Tax Rate %=Tax Expense (A: Apr. 2024 )/Pre-Tax Income (A: Apr. 2024 )
=40.213/168.623
=23.85 %

Magni-Tech Industries Bhd's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2025 )/Pre-Tax Income (Q: Jan. 2025 )
=12.212/52.185
=23.40 %

* 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.

Magni-Tech Industries Bhd Tax Rate % Related Terms

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Magni-Tech Industries Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Magni-Tech Industries Bhd (XKLS:7087) » Definitions » Tax Rate %
Comparable Companies
XKLS:9288 XKLS:9369 XKLS:6068 XKLS:7154 XKLS:7209 XKLS:8966 OSTO:HM B MIL:MONC RL WAR:LPP TSX:GIL LEVI VFC HKSE:03998 BOM:532827 SHSE:600398 SHSE:600177 COLM TPE:1476 NSE:ABFRL
Traded in Other Exchanges
N/A
Address
488-A, Jalan Burmah, Level 18, Penas Tower, Midlands Park Centre, George Town, PNG, MYS, 10350
Website
https://www.magni-tech.com.my
Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.

Magni-Tech Industries Bhd Headlines

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