SOCAM Development

SOCAM Development Tax Expense

The Income Tax Expense of SOCAM Development (983.HK) as of Oct 17, 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., listed on the Hong Kong Stock Exchange under ticker 983.HK, is a company operating in the Industrials sector, specifically within the Construction industry. Founded through an IPO on February 3, 1997, the company has established itself as a significant player in its field. SOCAM Development Ltd. employs 2,150 full-time employees, reflecting its substantial operational scale. The company's business activities are structured across three primary segments. The Construction and Building Maintenance Services Engineering segment focuses on building construction, interior fitting-out, renovation, and maintenance services. The Real Estate segment is dedicated to real estate development, investment, and property management services. The Other Business segment encompasses venture capital investments and additional business activities. SOCAM Development Ltd. maintains a website at https://www.socam.com/ for further information. The company's headquarters location is listed as unknown, though it operates within Hong Kong. SOCAM Development Ltd. is categorized as an investment holding company, engaging in property development, asset management, construction, and contracting services. It operates primarily in the Hong Kong market, with its business activities centered around construction and real estate development. 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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