Sokouk Holding Co K C (KUW:SOKOUK) Tax Rate % : 8.28% (As of Mar. 2024)

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What is Sokouk Holding Co K C Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sokouk Holding Co K C's Tax Expense for the three months ended in Mar. 2024 was KWD0.10 Mil. Sokouk Holding Co K C's Pre-Tax Income for the three months ended in Mar. 2024 was KWD1.23 Mil. Therefore, Sokouk Holding Co K C's Tax Rate % for the quarter that ended in Mar. 2024 was 8.28%.

Sokouk Holding Co K C Tax Rate % Historical Data

The historical data trend for Sokouk Holding Co K C'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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Sokouk Holding Co K C Tax Rate % Chart

Sokouk Holding Co K C Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.52

-0.03

-9.89

6.97

2.16

Sokouk Holding Co K C Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	8.28

Sokouk Holding Co K C Tax Rate % Calculation

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

Sokouk Holding Co K C'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 )
	=	0.101	/	4.675
	=	2.16 %

Sokouk Holding Co K C'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 )
	=	0.102	/	1.232
	=	8.28 %

Sokouk Holding Co K C Tax Rate % Related Terms

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Sokouk Holding Co K C (KUW:SOKOUK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sokouk Holding Co SA K C (KUW:SOKOUK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mubarak Al-Kabeer Street, 3rd Floor, ITS Tower, Building No (33), P.O. Box 29110, Sharq, Kuwait, KWT, 13152

Website

http://www.sokouk.com

Sokouk Holding Co SA K C is a Kuwait based company engaged in real estate business activities. The objectives of the company are to develop investment tools that cope with Islamic investment and to develop financial tools. It operates into three segments namely Hotel Operations, Real Estate, and Investment. Hotel operations segment consist of the hospitality services provided through the Millennium hotel and convention centre, Kuwait. The company derives maximum revenue from Hotel Operations segment.

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