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Salt Trading (XNEP:STC) Tax Rate % : 40.90% (As of Jul. 2023)


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What is Salt Trading Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Salt Trading's Tax Expense for the six months ended in Jul. 2023 was NPR37 Mil. Salt Trading's Pre-Tax Income for the six months ended in Jul. 2023 was NPR91 Mil. Therefore, Salt Trading's Tax Rate % for the quarter that ended in Jul. 2023 was 40.90%.


Salt Trading Tax Rate % Historical Data

The historical data trend for Salt Trading'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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Salt Trading Tax Rate % Chart

Salt Trading Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Tax Rate %
-73.18 24.32 46.01 36.90 40.90

Salt Trading Semi-Annual Data
Jul19 Jul20 Jul21 Jul22 Jul23
Tax Rate % -73.18 24.32 46.01 36.90 40.90

Salt Trading Tax Rate % Calculation

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

Salt Trading's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jul. 2023 )/Pre-Tax Income (A: Jul. 2023 )
=37.133/90.8
=40.90 %

Salt Trading's Tax Rate % for the quarter that ended in Jul. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2023 )/Pre-Tax Income (Q: Jul. 2023 )
=37.133/90.8
=40.90 %

* 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.


Salt Trading Tax Rate % Related Terms

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Salt Trading Business Description

Traded in Other Exchanges
N/A
Address
Kalimati, P.O.Box: 483, Kathmandu, NPL
Salt Trading Corp is engaged in the trading and distribution of salt and daily consumer goods in Nepal. The main commodities in which the company deals are food products and agricultural products, construction materials, Fuel and Lubricants, and other materials. The company earns maximum revenue from Food and agricultural items. It has business segments namely Fertilizer Sales, Salt Sales, Sugar sales, and others.