Lanka IOC (COL:LIOC.N0000) Tax Rate % : 17.17% (As of Dec. 2023)

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What is Lanka IOC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lanka IOC's Tax Expense for the three months ended in Dec. 2023 was රු625 Mil. Lanka IOC's Pre-Tax Income for the three months ended in Dec. 2023 was රු3,640 Mil. Therefore, Lanka IOC's Tax Rate % for the quarter that ended in Dec. 2023 was 17.17%.

Lanka IOC Tax Rate % Historical Data

The historical data trend for Lanka IOC'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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Lanka IOC Tax Rate % Chart

Lanka IOC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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-21.93

29.54

10.64

14.14

15.67

Lanka IOC 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															15.33	15.86	18.59	18.61	17.17

Lanka IOC Tax Rate % Calculation

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

Lanka IOC's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	7006.455	/	44702.095
	=	15.67 %

Lanka IOC'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 )
	=	625.002	/	3640.452
	=	17.17 %

Lanka IOC Tax Rate % Related Terms

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Lanka IOC (COL:LIOC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lanka IOC PLC (COL:LIOC.N0000) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

World Trade Center, Level 20, West Tower, Echelon Square, Colombo, LKA, 01

Website

https://www.lankaioc.com

Lanka IOC PLC is engaged in importing, blending, distributing, and selling of petroleum products. Its product offering is divided into five divisions namely Autofuel, Lubricants, Bitumen, Bunkering, and Petrochemicals. The Company is dealing only in the Petroleum products. Some of its products are Diesel, Petrol, IFO 180 cst, Marine Gas Oil, Bitumen 60/70, Bitumen 80/100 and others. The company gets revenue from Lanka Petrol 92 Octane, Lanka Auto Diesel, Xtramile, Lanka Super Diesel, Xtrapremium Euro 3, Xtrapremium 95, Lubricants, Bunkering, Bitumen and Petrochemical.

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