Nestle Nigeria (NSA:NSTL) Tax Rate % : 27.23% (As of Mar. 2024)

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What is Nestle Nigeria Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nestle Nigeria's Tax Expense for the three months ended in Mar. 2024 was ₦-53,402 Mil. Nestle Nigeria's Pre-Tax Income for the three months ended in Mar. 2024 was ₦-196,086 Mil. Therefore, Nestle Nigeria's Tax Rate % for the quarter that ended in Mar. 2024 was 27.23%.

Nestle Nigeria Tax Rate % Historical Data

The historical data trend for Nestle Nigeria'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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Nestle Nigeria Tax Rate % Chart

Nestle Nigeria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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35.77

35.33

35.29

31.14

23.60

Nestle Nigeria 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															34.91	32.17	44.52	23.14	27.23

Nestle Nigeria Tax Rate % Calculation

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

Nestle Nigeria'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 )
	=	-24551.648	/	-104025.429
	=	23.60 %

Nestle Nigeria'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 )
	=	-53401.549	/	-196085.956
	=	27.23 %

Nestle Nigeria Tax Rate % Related Terms

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Nestle Nigeria (NSA:NSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Nigeria PLC (NSA:NSTL) » Definitions » Tax Rate %

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Address

22-24, Industrial Avenue, Ilupeju, Lagos, Ikeja, NGA, P.M.B. 21164

Website

https://www.nestle-cwa.com

Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The beverages segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The food segment generates the majority of the revenue. The majority of the revenue is generated from Nigeria.

Nestle Nigeria (NSA:NSTL) Headlines

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