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Thai Group Holdings PCL (BKK:TGH) Tax Rate % : 33.40% (As of Mar. 2024)


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What is Thai Group Holdings PCL Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Thai Group Holdings PCL's Tax Expense for the three months ended in Mar. 2024 was ฿106 Mil. Thai Group Holdings PCL's Pre-Tax Income for the three months ended in Mar. 2024 was ฿316 Mil. Therefore, Thai Group Holdings PCL's Tax Rate % for the quarter that ended in Mar. 2024 was 33.40%.

Thai Group Holdings PCL Tax Rate % Historical Data

The historical data trend for Thai Group Holdings PCL'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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Thai Group Holdings PCL Tax Rate % Chart

Thai Group Holdings PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 26.08 21.42 6.19 -5.93 41.55

Thai Group Holdings PCL 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.81 26.66 42.11 -92.32 33.40

Thai Group Holdings PCL Tax Rate % Calculation

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

Thai Group Holdings PCL'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 )
=74.032/178.155
=41.55 %

Thai Group Holdings PCL'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 )
=105.595/316.114
=33.40 %

* 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.

Thai Group Holdings PCL Tax Rate % Related Terms

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Thai Group Holdings PCL (BKK:TGH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Thai Group Holdings PCL (BKK:TGH) » Definitions » Tax Rate %
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BKK:TIPH BKK:KWI BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO XSWX:SLHN XTER:TLX LSE:AV. BSP:BBSE3 OCSE:TRYG XAMS:AGN EQH XAMS:NN
Traded in Other Exchanges
N/A
Address
Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500
Website
https://www.tgh.co.th
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the insurance business segment. The company is managed and operates principally in Thailand.