LOLC Finance (COL:LOFC.N0000) Tax Rate % : 0.00% (As of Dec. 2023)

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What is LOLC Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LOLC Finance's Tax Expense for the three months ended in Dec. 2023 was රු0 Mil. LOLC Finance's Pre-Tax Income for the three months ended in Dec. 2023 was රු10,146 Mil. Therefore, LOLC Finance's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

LOLC Finance Tax Rate % Historical Data

The historical data trend for LOLC Finance'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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LOLC Finance Tax Rate % Chart

LOLC Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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16.11

2.58

2.91

4.46

LOLC Finance 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															1.90	-6.66	-	-	-

LOLC Finance Tax Rate % Calculation

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

LOLC Finance'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 )
	=	0	/	15393.267
	=	0.00 %

LOLC Finance'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 )
	=	0	/	10145.882
	=	0.00 %

LOLC Finance Tax Rate % Related Terms

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LOLC Finance (COL:LOFC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LOLC Finance PLC (COL:LOFC.N0000) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100/1 Sri Jayewardenepura Mawatha, Rajagiriya, Colombo, LKA

Website

https://www.lolcfinance.com

LOLC Finance PLC is a finance company. The company provides leasing, hire purchase, margin trading, loans, property development, mobilization of public deposits, and Islamic financing services. It has three reportable segments namely SME Finance; Development Finance and Alternative Financial Services. It generates maximum revenue from the SME Finance segment.

LOLC Finance (COL:LOFC.N0000) Headlines

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