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Parkin Co (DFM:PARKIN) Tax Rate % : 8.99% (As of Mar. 2024)


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What is Parkin Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Parkin Co's Tax Expense for the three months ended in Mar. 2024 was د.إ10.2 Mil. Parkin Co's Pre-Tax Income for the three months ended in Mar. 2024 was د.إ114.0 Mil. Therefore, Parkin Co's Tax Rate % for the quarter that ended in Mar. 2024 was 8.99%.


Parkin Co Tax Rate % Historical Data

The historical data trend for Parkin Co'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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Parkin Co Tax Rate % Chart

Parkin Co Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- - -

Parkin Co Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Tax Rate % - - - - 8.99

Parkin Co Tax Rate % Calculation

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

Parkin Co'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 )
=0/327.77
=0.00 %

Parkin Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=10.247/113.977
=8.99 %

* 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.


Parkin Co Tax Rate % Related Terms

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Parkin Co (DFM:PARKIN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Marrakech Street, G+2 Building, Old Headquarters, Umm Al Ramool, Plot number 215-246, P.O. Box 118899, Dubai, ARE
Parkin Co is a provider of paid parking facilities and services in Dubai. It operates across six operating verticals: (i) public on-street and off-street parking, (ii) public MSCPs, (iii) Developer-owned Parking Lots, (iv) permits and seasonal parking subscriptions, (v) parking reservations, and (vi) other services.

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