SOCAM Development

SOCAM Development Tax Expense

The Income Tax Expense of SOCAM Development (983.HK) as of Oct 20, 2026 is 24.00 M HKD. In the previous year, Income Tax Expense was 62.00 M HKD — a change of -61.29% (lower).

Tax Expense

24.00 MHKD

YoY

-61.29%

Last updated:

Income Tax Expense of SOCAM Development is 2024 24.00 M HKD. Income Tax Expense of SOCAM Development was 2023 62.00 M HKD. It decreases by -61.29% lower compared to the previous year.

The SOCAM Development Tax Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Expense
Date
Tax Expense
Jan 1, 2017
34.00 M HKD
Jan 1, 2018
64.00 M HKD
Jan 1, 2019
177.00 M HKD
Jan 1, 2020
131.00 M HKD
Jan 1, 2021
78.00 M HKD
Jan 1, 2022
82.00 M HKD
Jan 1, 2023
62.00 M HKD
Jan 1, 2024
24.00 M HKD
The SOCAM Development Tax Expense history
YEARTax ExpenseYoY
24.00 MHKD-61.29%
62.00 MHKD-24.39%
82.00 MHKD+5.13%
78.00 MHKD-40.46%
131.00 MHKD-25.99%
177.00 MHKD+176.56%
64.00 MHKD+88.24%
34.00 MHKD-666.67%
-6.00 MHKD-108.82%
68.00 MHKD+385.71%
14.00 MHKD—

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SOCAM Development Stock analysis

What does SOCAM Development do? SOCAM Development Ltd. generates revenue through its Construction and Building Maintenance Services Engineering segment, which provides building construction, interior fitting-out, renovation, and maintenance services. The Real Estate segment contributes by developing properties, managing real estate investments, and offering property management services. The Other Business segment focuses on venture capital investments and other business activities. The company serves clients requiring construction, property development, and investment management services across its three operational segments. SOCAM Development Ltd. employs 2,150 full-time employees to support its operations in construction, real estate development, and venture capital activities. The Construction and Building Maintenance Services Engineering segment targets clients needing building projects and maintenance, while the Real Estate segment caters to property developers and investors seeking development and management solutions. The Other Business segment engages in venture capital investments, supporting entrepreneurial ventures within its portfolio. The company’s revenue streams are derived from construction services, real estate development, property management, and venture capital investments. Clients include businesses requiring building construction, property developers, investors, and venture capital partners. SOCAM Development Ltd. operates through three distinct segments, each contributing to its overall financial performance by addressing specific market needs in construction, real estate, and investment sectors. SOCAM Development is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SOCAM Development stock

Income Tax Expense of SOCAM Development is 24.00 M HKD in 2024.

Income Tax Expense of SOCAM Development changed from 62.00 M HKD to 24.00 M HKD, representing a -61.29% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Income Tax Expense SOCAM Development since 2006 – with annual values, charts, and detailed analysis.

Tax expense represents the total income taxes owed. It reflects the company's tax obligations and effective tax rate.

Income Tax Expense's HKD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Income Tax Expense's SOCAM Development historically and in real time.

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Income Statement — SOCAM Development

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