Lotte Chemical (XKRX:011170) Tax Rate % : 31.01% (As of Mar. 2024)

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What is Lotte Chemical Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lotte Chemical's Tax Expense for the three months ended in Mar. 2024 was ₩-27,169 Mil. Lotte Chemical's Pre-Tax Income for the three months ended in Mar. 2024 was ₩-87,615 Mil. Therefore, Lotte Chemical's Tax Rate % for the quarter that ended in Mar. 2024 was 31.01%.

Lotte Chemical Tax Rate % Historical Data

The historical data trend for Lotte Chemical'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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Lotte Chemical Tax Rate % Chart

Lotte Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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31.23

28.94

25.10

107.09

91.32

Lotte Chemical 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															24.15	30.42	155.07	72.91	31.01

Lotte Chemical Tax Rate % Calculation

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

Lotte Chemical'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 )
	=	-413028.189	/	-452271.274
	=	91.32 %

Lotte Chemical'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 )
	=	-27168.811	/	-87614.76
	=	31.01 %

Lotte Chemical Tax Rate % Related Terms

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Lotte Chemical (XKRX:011170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Corp (XKRX:011170) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

300 Olympic-ro, 14th Floor-16th Floor, Lotte World Tower, Songpa-gu, Seoul, KOR

Website

http://www.lottechem.com

Lotte Chemical Corp is one of the largest chemical companies in Asia. It manufactures a variety of chemicals which include polyethylene, polypropylene, functional resin, ethylene oxide/ethylene glycol, butadiene, benzene, and Toluene. Its products are used in various industry applications such as coating materials, automotive parts, and detergent.

Lotte Chemical (XKRX:011170) Headlines

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