Lotte Wellfood Co (XKRX:280360) Tax Rate % : 30.30% (As of Mar. 2024)

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What is Lotte Wellfood Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lotte Wellfood Co's Tax Expense for the three months ended in Mar. 2024 was ₩8,728 Mil. Lotte Wellfood Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩28,802 Mil. Therefore, Lotte Wellfood Co's Tax Rate % for the quarter that ended in Mar. 2024 was 30.30%.

Lotte Wellfood Co Tax Rate % Historical Data

The historical data trend for Lotte Wellfood 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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Lotte Wellfood Co Tax Rate % Chart

Lotte Wellfood Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.87

25.42

32.83

14.81

38.30

Lotte Wellfood Co 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															98.77	49.04	25.67	-21.64	30.30

Lotte Wellfood Co Tax Rate % Calculation

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

Lotte Wellfood 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 )
	=	42066.368	/	109837.64
	=	38.30 %

Lotte Wellfood 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 )
	=	8728.443	/	28802.446
	=	30.30 %

Lotte Wellfood Co Tax Rate % Related Terms

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Lotte Wellfood Co (XKRX:280360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotte Wellfood Co Ltd (XKRX:280360) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Yangpyeong-ro 21-gil, Youngdeungpo-gu, Seoul, KOR

Website

https://www.lottewellfood.com

Lotte Wellfood Co Ltd is engaged in the manufacturing of sugar confectioneries and cocoa products. It offers products such as chocolates, biscuits, ice-cream, pie, snacks, candies, bread, gum and others. The company has a business presence in Korea and other countries.

Lotte Wellfood Co (XKRX:280360) Headlines

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